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Wells Fargo CEO To Appear Before Congress

PYMNTS

Back in June, the Massachusetts Senator said in a letter to Federal Reserve Chairwoman Janet Yellen that the Fed should remove the dozen executives sitting on the board of the beleaguered bank. In the letter, Warren said the scandal shed light on “severe problems” with Wells’ risk management.

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Wells Fargo CEO Bullish On The Future

PYMNTS

Back in June, the Massachusetts Senator said, in a letter to Federal Reserve Chairwoman Janet Yellen, that the Fed should remove the 12 executives sitting on the board of the beleaguered bank. In the letter, Warren noted the scandal shed light on “severe problems” with Wells’ risk management.

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Fintech Fundings: 26 Companies Raise $270 Million Second Week of August

Fintech Labs Insights

million went to Finovate alum Pindrop to further its phone-based fraud solutions. $5 HQ: Franklin, Massachusetts. Wealth management. Pindrop Security. Phone-based fraud solutions. Investor tools to manage carbon risk. million to alt-auto-title lender Finova Financial. $17 Virtual customer service.

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The Nerd Oscars: 24 Best Data Science Moments in Movies

FICO

Plot Summary: What would you do if you were a risk management expert for a major Wall Street investment bank, and a departed colleague’s risk models warned you that all of your holdings would begin to fatally crash the following day? In the film, volatility levels in mortgage-backed securities are exceeding historical levels.

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The 2023 GonzoBanker Awards

Gonzobanker

Lifetime Achievement Award (Bank) Cambridge Savings CEO Wayne Patenaude looks to end a long and successful career at one of Massachusetts’ 10 largest banks. We remember his architecting the legendary Bank of America and Security Pacific merger on the West Coast. Oh, and along the way, OnPoint will provide an amazing $2.5

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