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...The office will oversee the group’s people and transformation, marketing, communications, legal, governance and regulatory affairs teams....
...About 3,600 people work in the bank’s risk teams....
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...They replace Daniel Pinto, who will remain the bank’s president and chief operating officer, and is still Dimon’s main deputy....
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...Industry groups argue tougher regulation could raise compliance costs and lower demand and liquidity for bank stocks if the new rules make it harder for investors to take large stakes....
...Tactically, though, the new head might want to save the good news for nearer that time. What weighs down NatWest, as with most banks in the region, is the steady inflation of risk-weighted assets....
...Shares of New York Community Bancorp plunged on Wednesday after the lender that bought failed Signature Bank in the middle of last year’s regional banking turmoil cut its dividend to boost its capital and...
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...The contributions follow calls from new president Ajay Banga for a “better” and eventually “bigger” bank....
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...Shares in New York Community Bank, which last year bought the failed Signature Bank in a government-assisted deal, plunged as much as 45 per cent on Wednesday morning, after it reported a surprise fourth-quarter...
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...Karahan, a former New York Federal Reserve economist, served as deputy to Erkan, who was appointed as the bank’s first female chief last year....
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