Top

Category: News


News

FinTech Futures Jobs: Your fintech job might change in the future

May 20, 2022

Via: FinTech Futures

In 2021, The Financial Times sampled companies’ “Flexibility Factor”, a measure of the extent to which businesses are allowing employees to decide where they work once pandemic conditions ease, and established some broad trends. In no real surprise, tech firms […]


News

Capital One sets date for hybrid return to office

May 19, 2022

Via: Banking Dive

“Capital One’s hybrid future means that the significant majority of associates will spend meaningful time working both in-person and virtually,” Fairbank said. The bank first announced its “future as a hybrid work company” in June 2021, citing a company survey […]


News

JPMorgan shareholders reject special $52M payout to CEO Jamie Dimon

May 17, 2022

Via: Banking Dive

JPMorgan Chase shareholders on Tuesday rejected the bank’s 2021 compensation plan for its six top executives — a proposal that included $52.6 million in option awards granted to CEO Jamie Dimon. The measure received 31% support — the lowest such […]


News

Three US cash trends persist, Fed report says

May 16, 2022

Via: Payments Dive

The Fed’s cash diary survey is conducted annually to collect data on U.S. consumer shopping and payment behaviors, with supplemental surveys added in the past two years to chart the impact of the COVID-19 pandemic. The report issued this month […]


News

Bank of America to make its credit cards from recycled plastic

April 21, 2022

Via: American Banker

Bank of America said it will make all of its plastic credit and debit cards from recycled material beginning next year. All of the cards, which will feature a recycling logo, will be manufactured using at least 80% recycled plastic, […]


News

Despite Beijing’s Verbal Support, Chinese Companies and Banks Are Distancing Themselves From Russia

April 20, 2022

Via: CNSNews.com

Ever since Russia sent troops into Ukraine nearly two months ago, China has refused to join the U.S. and Europe in condemning the Kremlin’s actions or imposing economic sanctions, with officials pledging instead to maintain “normal business ties” with Russia. […]


News

Dimon: Russia exposure could cost JPMorgan $1B

April 5, 2022

Via: Banking Dive

As JPMorgan follows Western directives in implementing sanctions against Russia, Dimon said he is not worried about direct exposure to the invading nation. However, the U.S.’s largest bank “could still lose about $1 billion over time,” he wrote Monday. That’s […]


News

Jamie Dimon, U.S. Bank and BMO show value is a buyer-led construct

March 31, 2022

Via: Banking Dive

JPMorgan Chase reported Tuesday that it transferred 398,708 shares of company stock to CEO Jamie Dimon last week. The shares — part of Dimon’s 2018 compensation package — have a value of nearly $56 million, Bloomberg reported. That’s more than […]


News

Goldman Sachs Vows to Push Directors for More Climate Disclosure

March 28, 2022

Via: Insurance Journal

Goldman Sachs’ big asset-management arm will take a harder line in voting on directors at companies that do not disclose enough about their greenhouse gas emissions, an executive said on Thursday, adding to the pressure on business leaders to provide […]


News

UBS inches into permanent remote work

March 24, 2022

Via: Banking Dive

The president of UBS Americas said the Swiss bank expects about 10% of its U.S. employees to work remotely full time once it implements a new flex work program. The rollout of the plan will come in phases, beginning in […]