NC to NY | Previously @AmerBanker @PEI_news | Blessedly jargon-free
Joined February 2012
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Tensley Brandon had "je ne sais quoi," his wife Tahren said. She used to tell him, "You're living the life of Tensley."
My latest for my hometown paper @qcitymetro
qcitymetro.com/2022/01/04/li…
On a picture-perfect day for college football, the Carolina Panthers TopCats cheerleading team traveled to Winston-Salem State University this month to collaborate during a halftime show and build a talent pipeline at HBCUs. qcitymetro.com/2024/10/25/ca…
Jalen Benjamin, a former baseball player and coach, died in a car wreck on the way to a summer league game, leaving behind a legacy of dedication to the sport and a scholarship fund for high school seniors. qcitymetro.com/2024/10/16/ja…
A new California law that took effect at the start of the year bans small-business lenders from charging certain types of fees that the legislation's advocates say can be predatory and misleading. americanbanker.com/news/cali…
Corrected: Regions Bank unwittingly invited a surge in check fraud last year americanbanker.com/news/how-…
While the largest U.S. banks’ disclosures in 2023 could set new industry standards, certain smaller institutions also improved their climate reporting. Here’s a look at how some banks expanded their voluntary climate disclosures this year. americanbanker.com/list/how-…
Several Fifth Third Bancorp executives will have new responsibilities after ringing in the new year. CEO Tim Spence will chair the bank’s board of directors, and CFO Jamie Leonard will serve as chief operating officer. americanbanker.com/news/fift…
Left-leaning shareholder groups are asking JPMorgan Chase, Goldman Sachs and other large asset managers to explain a recent decline in their support for certain environmental and social policies at public companies. americanbanker.com/news/prog…
With the Latino market poised for big growth, U.S. banks have an opportunity to gain market share by attracting an underserved population of both consumers and business owners. americanbanker.com/news/lati…
Once the pace of private equity-backed sales of middle-market companies picks up, Citizens Bank expects to benefit. CEO Bruce Van Saun says that recent expansions in private banking, wealth management will provide opportunities to cross-sell to clients. bit.ly/3RhQ04X
Bank of New York Mellon is hiking its minimum wage 12.5%, offering stock options to a wider range of employees and expanding well-being programs amid a tight labor market and increasing demand for employee benefits. americanbanker.com/news/bny-…
CIBC expects losses from its office-related commercial real estate portfolio to continue into next year.
The bank reported a 70% decline in profits at its US commercial banking/wealth management unit in the most recent quarter, boosted reserves. americanbanker.com/news/cibc…
Jordan Stutts retweeted
Charlie Munger was known for his blunt, sometimes unpopular comments and his steadfast loyalty to certain companies, such as @WellsFargo. As of 9/30, Berkshire Hathaway owned shares of four banks — @allybank @BankofAmerica @CapitalOne and @Citi. bit.ly/46Byiiy
The chief executives of several regional banks say that fraud risks and regulatory uncertainties are making them reluctant to fully embrace real-time payments just yet. americanbanker.com/payments/…
Citigroup has settled allegations by the Consumer Financial Protection Bureau of discrimination against Armenian Americans in California — activity the bank says was limited to a few employees who sought to prevent criminals from committing fraud. americanbanker.com/news/citi…
The Treasury Department is formalizing the expansion of a whistleblower program to incentivize referrals of potential violations of U.S. sanctions and export controls at financial institutions. bit.ly/3SMfbiz
Banking executives anticipate that loan demand will remain muted over the next 12 months, according to a new industry. That finding lines up with bankers' expectation that rates won't start declining until at least the second half of 2024. americanbanker.com/news/amid…
Cullen/Frost Bankers reported a 14% increase in noninterest expenses and a 7% jump in loans. "We're not trying to be successful by shrinking," said CEO Phil Green. americanbanker.com/news/why-…
Jordan Stutts retweeted
Losses related to fraud at Regions were up by around 40% year over year during the third quarter, @RegionsBank CEO John Turner said. $RF #earnings #mortgage
By @jwstuttered nationalmortgagenews.com/new…
