Browsing: CEO

Key insight: Citi is turning a corner on profitability, CEO Jane Fraser said.Forward look: The company plans to disclose future profitability metrics in May.Expert quote: “The…

Warren Buffett to step down as Berkshire Hathaway CEO: 5 takeaways from the annual meeting Source link

Key insight: California International, the nation’s only Vietnamese-owned bank, has embarked on a turnaround following nearly a decade of losses that totaled more than $10 million.Forward…

Wells Fargo CEO Charles Scharf said Wednesday that while corporations and higher-income consumers are thriving, lower income Americans are struggling to stay afloat.The bank’s data shows…

Wells Fargo CEO Charlie Scharf speaks during in interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S.,…

Forward look: Veteran financial services executive Curt Queyrouze will take office as CEO of Port Angeles Washington-based First Northwest Bancorp on Sept. 17.Key insight: Queyrouze has…

Key Insight: Discover why large banks aren’t buying each other.What’s at Stake: Large banks can use deals to expand in markets where they would otherwise have…

Key insight: GBank Financial in Las Vegas said CEO Ryan Sullivan had decided not to renew his employment contract.Supporting data: Sullivan has worked at GBank since…

The expansion of embedded payments can be slowed, but not stopped, according to Steven Pinado.Pinado, a fintech veteran who has worked on embedded payments for more…

Royal Bank of Canada’s U.S. banking unit, City National Bank, is continuing to make progress in its effort to rebound from a rough 2023.City National, which…