West Virginia bank director quits over executive pay concerns
The Resignation of MVB Financial Corp.’s Audit Committee Chair The chair of MVB Financial Corp.’s audit committee, Glen Herrick, has resigned, effective immediately. In his resignation letter dated Feb. 26, Herrick cited concerns with the company’s “executive compensation practices and philosophy.” He expressed dissatisfaction with the lack of alignment between pay and performance within the […]
After tragedy, a planner finds a niche advising women in grief
Connecting Through Personal Experience: A Financial Planner’s Journey Like many individuals who carve out a path in wealth management, Amy Drinkard’s entry into the field was driven by a personal connection. However, for Drinkard, the tragic loss of her father-in-law didn’t just shape her career trajectory, it ignited a passion for helping others navigate financial […]
Senior Integration and Strategy Lead, Banking
An Overview of the Role: Banking Integration Senior Product Manager The Banking Integration Senior Product Manager stands at the forefront of the firm’s integrated banking strategy and roadmap. This role is pivotal in ensuring that the branch teams and clients have access to the right products, tools, and support so they can confidently meet their […]
Manager, Project Manager Payment Platforms| Retail Bank Product
About Capital One Capital One, a Fortune 500 company and one of the nation’s top 10 banks, operates with a broad spectrum of financial products and services. These range from everyday consumers to small businesses and even commercial clients. Their aim is to establish themselves as one of the nation’s premier banks. The underlying strength […]
VP – Communications Manager – Senior Graphic Designer – CCB Communications, Consumer Banking
Role of VP – Communications Manager – Senior Graphic Designer in CCB Communications, Consumer Banking The Consumer & Community Banking (CCB) Communications team plays a vital role in managing the narrative of the firm. As part of this team, the VP – Communications Manager – Senior Graphic Designer holds a prominent position. This role involves […]
Senior Strategic Operations Lead – Bank Charter
Mercury’s Ambitious Pursuit of a Bank Charter Mercury, a leading fintech company, is on a mission to secure a bank charter, marking one of the most momentous and significant initiatives in the company’s history. To manage the operations of this massive undertaking, the company is seeking a seasoned Sr. Program Manager to work alongside the […]
Hedge funds and private credit pose stability risks, says Macklem
The Emerging Threats in Non-Bank Finance: A Warning from the Bank of Canada Bank of Canada (BoC) governor, Tiff Macklem, recently raised concerns about the rapid expansion in two key areas of non-bank finance, warning that it may be contributing to growing vulnerabilities in the global financial system. Macklem expressed these concerns while speaking at […]
US Fed ends 2018 enforcement action against Wells Fargo
Wells Fargo Concludes Federal Enforcement Action Charlie Scharf took over as CEO in 2019. Credit: IgorGolovniov / Shutterstock.com. Wells Fargo, one of the leading financial services institutions in the United States, has completed all regulatory requirements as stipulated by the US Federal Reserve Board, marking the conclusion of its 2018 enforcement action. This resolution signifies […]
Iran prediction market trades spark insider trading concerns
Insider Trading Concerns Sparked by Iran Prediction Market Trades Recently, a series of prediction trades related to events in Iran have raised alarms among lawmakers, stirring up concerns about potential insider trading. These trades, which occurred just hours before US and Israeli missiles landed in Iran, involved wagering on the timing of the strikes and […]
Citi banking MDs moving to the fertile plains of Deutsche Bank may be wary now
Should Investment Banking Managing Directors Think Twice Before Joining Deutsche Bank? If you’re an investment banking managing director (MD) considering a move from Citi to Deutsche Bank, recent events may give you pause for thought. One such case is that of Ed McBride, who left Citi after 12 years in consumer banking and joined Deutsche […]