Bankers Trust has hired Brett Hartema as its next chief financial officer, succeeding Kip Albertson, who is retiring from the role on Wednesday. Albertson was honored as the Business Record’s 2025 ...
Georgia Secretary of State Brad Raffensperger announced Wednesday that some victims of an alleged $140 million Ponzi scheme will be repaid for their lost investments, which he described as a rare ...
In major deal, Raffensperger brokers agreement with Bankers Life to repay more than 40 investors of the politically connected firm. S. Gregory Hays, receiver of First Liberty Building & Loan, opens ...
JPMorgan Chase aims to hire 1,000 new branch-based bankers in the U.S. as part of an effort to grow its small-business clientele and, in the words of its chief executive, try to drive “the American ...
JPMorgan is reportedly using computer tracking to monitor junior bankers’ hours — comparing their self-reported time sheets with internal data to catch underreporting amid ongoing concerns about Wall ...
Mergers and acquisitions, nonbank competition and digital assets are all factors shaping how banks will perform in the coming months. American Banker’s 2026 Predictions report was fielded online ...
Central bankers overseas issued a joint statement on Tuesday in support of Federal Reserve Chair Jerome Powell, who announced on Sunday he’s the subject of a criminal investigation led by the ...
Global central bankers defended U.S. Federal Reserve Chair Jerome Powell in a joint statement Tuesday. The group included the heads of the European Central Bank and Bank of England, among others.
The defense comes after Jerome Powell pushed back on what he described as pressure by the Trump administration to cut interest rates in the United States. By Eshe Nelson Reporting from London Central ...
Volatility in the banking industry has given rise to fears of a recession and stagflation in the U.S., and new data from American Banker finds that smaller institutions see themselves as the most ...
Megadeals returned in full force in 2025. Wall Street is already bracing for another wave in 2026. There were a record 68 transactions valued at $10 billion or more announced globally this year, ...