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Facebook's Libra Hires HSBC Veteran As Managing Director

PYMNTS

The Libra Association has named James Emmett as managing director of Libra Networks, the association’s operating company subsidiary. Emmett previously was the top executive of HSBC Bank plc and Europe, where he was responsible for HSBC's UK Wholesale Bank and operations across Continental Europe, Sub-Saharan Africa and Bermuda.

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CEO Davies Exits Revolut After One Year

PYMNTS

Davies’ exit comes just four days after the London-based operation announced $80 million in new funding. What a journey in the last year – leadership teams and operations in Ireland, the U.S., In February, Menlo, California-based TCV led a $500 million round.

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Preparing for Section 1071

Abrigo

Takeaway 3 Financial institutions should consider the impact of this rule and prepare for changes to their business operations. Online lenders, platform lenders, and fintechs should also consider sending feedback to the CFPB and considering the ways their operations might be affected. California Reinvestment Coalition v.

Lending 195
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Wells CEO Faces Hill Grill On Account Scandals

PYMNTS

Scharf appeared Tuesday (March 10) before the House Financial Services Committee, where Chairwoman Maxine Waters, Democrat of California, noted that he was the third Wells chief executive to testify in front of the committee in three-and-a-half years – and that his predecessors (Tim Sloan and John Stumpf) had each resigned soon thereafter.

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Investors Tap Into The Promise Of High-Tech Data Analytics In The Enterprise

PYMNTS

BigPanda provides automated service operations solutions for IT professionals, helping them streamline operations to consolidate management of enterprise data and gaining actionable insights via machine learning. The company said it will use the backing to focus on its go-to-market strategy and expand existing leadership.

Analytics 189
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Chinese Officials Join US Politicians In Suddenly Falling Out Of Love With Big Tech 

PYMNTS

The news agency said that while Pan stopped short of calling for Ant’s breakup, officials want the firm to set up a separate holding company to ensure its capital adequacy and regulatory compliance. Read More On Big Tech: Five Ways The Connected Economy And Big Tech Helped U.S.

US 168
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2021’s Best Community Banks to Work For

Independent Banker

Within that tightly knit group, there’s the bank’s leadership team, comprising president and CEO Greg Dennis, chief lending officer Jon Girard, vice president of operations and compliance Kristine Hendrickson, and executive vice president and chief financial officer Michele Boeder. Keeping up communication.