Inside Truist's leadership program; regulatory threat looms at Discover
American Banker
In-depth analysis, perspective and commentary on key issues affecting the banking industry.
'Open.' 'Personal.' 'Inappropriate.': Inside the Truist Leadership Institute : The Truist Leadership Institute is part of a growing corporate leadership-training industry that says it's focused on creating more empathetic leaders. But critics decry the institute's blurring of personal and professional boundaries, and question its scientific backing.
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Threat of a regulatory smackdown looms at Discover : The credit card company is no stranger to regulatory penalties, but its CEO's sudden departure this week raises the specter of a more painful punishment tied to possible compliance shortcomings. Analysts are hoping to get clarity Thursday on how bad things could get.
Big banks lean into auto dealer loans amid rebound in car production : 摩根大通 , 富国银行 and TD Auto Finance all see opportunities in providing financing to dealers for inventory, the purchase of competitors and the addition of infrastructure for electric vehicle sales. Two other banks recently said they're exiting the business, which could provide a further opening.
Banks' AI use guzzles power, but tech can reduce the impact : Software can help banks move compute workloads to geographic regions where clean energy is available.
What banks can learn from Experian's email-ad settlement with FTC : The credit-reporting agency was fined $650,000 for sending customers marketing emails without an option to unsubscribe. Financial institutions are subject to the same law, called the CAN-SPAM Act.
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1 年Thanks for sharing.