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Wells CEO Faces Hill Grill On Account Scandals

PYMNTS

Scharf noted the recent changes to leadership, with the creation of the new chief operating officer role , where 75 percent of the operating committee being put into place is new to the firm, having joined since the beginning of 2018. He said in his testimony that the business model had been flawed. Organizational Changes.

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Spring Speculation Has Sprung: Walmart, Amazon, Trump And Target

PYMNTS

If last week’s reports are accurate, Walmart is reportedly in early-stage talks to acquire Humana, the 13-million-member health insurance company based in Louisville, Kentucky. If the deal passes muster with the regulators, such an acquisition would make Walmart one of the country’s largest health insurance companies.

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New(ish) Ideas Edition: Google, JPMorgan Chase And Samsung

PYMNTS

The CFPB dropped its latest set of regulations for prepaid payments cards , to some cheers (for offering clarity on fees) and some jeers (for thinking that prepaid cards are credit products and require underwriting for $25, 24-hour overdrafts). Much of this situation is additionally muddied by the fact that regulators in the U.S.

Samsung 100
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Ensure your community bank is inclusive

Independent Banker

Grooms grew up in western Kentucky and understands the region’s political and religious climate, which Kindle believes was essential to the workshop’s success. The community bank has also taken a hard look at its workplace culture. In March, it brought in DEI trainer Justin J. Grooms for an in-person workshop.