March 13, 2025
| Today’s news and insights for banking industry leaders
The deal for The Lemont National Bank, expected to close in the second half of 2025, is the second proposed acquisition of a bank this year by a credit union.
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The bureau’s acting director halted “race-based” activities, forbade pronouns in email signatures and equated noncompliance to “gross insubordination.”
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Heather Blair served as senior vice president of consumer banking technology at Discover for more than a year. She also spent 17 years at JPMorgan Chase, including as head of technology.
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Actionable steps for CROs to establish strong foundations, drive risk management initiatives and build a proactive, risk-aware organizational culture.
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Harry Culham, the lender’s capital-markets chief, will succeed Dodig at the helm of Canada’s fifth-largest bank.
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Q&A
The bank doesn’t need partnerships for its credit card customers to access Flex Pay, but tie-ups offer customer convenience and visibility, said Citi’s Jeff Chwast.
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Incoming Varo Bank CEO Gavin Michael said he plans to achieve profitability by capitalizing on technology for underwriting and fraud prevention.
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In this playbook, learn how financial services leaders are future-proofing compliance with AI, observability tools and centralized data insights to reduce costs and improve efficiency.
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