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The business of money—how it’s managed, transferred, exchanged, invested or regulated—is moving faster, compelling leaders to respond to powerful market forces with more agility than ever.
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What’s Happening in the Banking and Finance Community
Citi shows progress, but still needs to impress regulators
The global bank reported solid second-quarter results as executives maintain confidence in the bank's ability to achieve a return on tangible common equity of 10-11% next year. But an analyst said Citi's progress on reducing expenses will hinge on its ability to get freed from various enforcement actions.
U.S. Bancorp CEO Andy Cecere to retire, Gunjan Kedia named successor
Kedia is scheduled to become the first woman to run the nation's seventh-largest bank by asset size. Some analysts expressed surprise over the timing of the announcement.
First Horizon goes it alone — together
When TD Bank's $13 billion acquisition fell through, First Horizon was forced to quickly come up with a plan. Here's how the bank's culture of sharing ideas and inclusion helped.