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A biography is presented of WinthropWilliams Aldrich, board chairman of New York-based Chase National Bank. He was born on November 2, 1885 in Providence, Rhode Island and studied at Hope Street High School. He then enrolled at Harvard University and graduated in law. Aldrich is also a trustee of the General Education Board, Rockefeller Foundation, and Barnard College, New York.

The article profiles Charles S. McCain, president of the Chase National Bank as of August 1929. Topics discussed include his contributions to big business and finance, attributing his success to the friendships he accumulated since he was a youngster, his policy of never using his friends or his influence, his role as vice president at the National Park Bank in 1926 and the highlights of his banking career.

(Bloomberg) -- Germany's biggest service sector union is demanding that lenders including Deutsche Bank AG and Commerzbank AG step up pay for low-paid employees to help them deal with rampant inflation and surging energy costs. The demands could add to cost headwinds for the country's lenders, which have so far benefited from higher lending income as central banks raise interest rates to combat inflation. "Commerzbank and Deutsche Bank have been making surprisingly high profits so far this year", Verdi said in a brochure published online. [Extracted from the article]

The article profiles the top bankers in China which include Andrew Au, Catherine Cai and Henry Cai. Andrew is the chief executive officer (CEO) of the Chinese division of Citigroup Inc. who facilitated an increase in the revenue and operating profit in 2011. Catherine is the head of China investment banking for Bank of America Corp. who helps Chinese companies on capital raising. Henry is the chairman of corporate finance at Deutsche Bank AG who has been dedicated to corporate reform.

The article features Ray Davis, chief executive officer (CEO) of Umpqua Bank, recipient of the Lifetime Achievement award for 2016 from "American Banker Magazine." Topics discussed include Umpqua differentiated itself by instilling a service culture based on companies like hotel chain Ritz-Carlton, many retail banking trends in 2016 can be traced to ideas pioneered by Umpqua, and Davis' transition to executive chairman of Umpqua Holdings when he steps down as Umpqua's CEO on January 1, 2017.

The article features Kevin Kim, chief executive officer (CEO) of bank holding company Hope Bancorp, named one of the 2016 Community Bankers of the Year by "American Banker Magazine." Topics discussed include his appointment to the board of financial services company Center Financial in September 2008, his role in the creation of bank holding company Business Bank of Center and Nara (BBCN) Bancorp in 2010, and in BBCN merger with bank holding company Wilshire Bancorp in early 2016.

April 05, 2022 The Federal Reserve Board has barred six former bank employees from the banking industry for bilking pandemic relief funds. The individuals in the Fed's latest round of enforcement actions submitted fraudulent applications to the SBA for hardship loans and grants ranging from $9,000 to more than $20,000. [Extracted from the article]

The article announces the appointments of and awards given to bankers in Connecticut including George Bossis as executive vice president at Fairfield County Bank, Jeffrey Costa as assistant vice president at First County Bank, and Paul Barkan as senior vice president at Newtown Savings Bank.

The article reports on U.S. President Jimmy Carter's impending appointment of banker Thomas Bertram Lance, president of the National Bank of Georgia in Atlanta, as director of the U.S. Office of Management and Budget (OMB) or as one of the Cabinet officials. It states that the sensible approaches and conservative fiscal views of Lance are compatible with president's. It reveals that Lance, being the son of a Methodist school president keeps a Bible in his office just like what Carter does. It adds that he was a dropout at the University of Georgia and has never earned a college degree. Moreover, it notes that Lance has been made head of the highway department in Georgia when Carter won the gubernatorial race in 1970. Meanwhile, it says that the Senate will have to confirm the appointment.

An interview with John Taft, the retiring chief executive officer (CEO) of Royal Bank of Canada (RBC) is presented. Taft discusses topics including on his career and contributions in building the firm, the importance for the industry to adopt a fiduciary standard, and the biggest challenge he faced as a CEO and private banking capabilities as one of the future plans of RBC.

The article announces the appointment of John Clausen as vice president of Chemical National Bank, and E. W. McDonald as assistant cashier at National Bank of Commerce in New York City.

The article announces personnel changes Iowa businesses including appointments Michael Kieszkowski as senior vice president at Kerndt Brothers Bank; Greg Vrchoticky as universal banker at Farmers and Merchants Savings Bank and Della Thorson as shredder clerk at UFG Insurance.

The article announces several promotions and appointments at the banking industry in the Connecticut area as of December 2013 including Mike Sheahan at the executive team of Chelsea Groton Bank, Jane Anderson as vice president of commercial banking at Collinsville Savings Society, and Patty Gallagher at Milford Bank.

An interview with the Chairman of the Connecticut Banking Association (CBA) Chandler Howard is presented. He told that he began as a Red Cross volunteer and it offered him the chance to get to know the chairman of the People's Bank when they were seated together at an awards banquet. His banking career has been ongoing for the last 38 years where he considered Liberty Bank as where he truly belongs. He also cites his community philanthropy, branch expansion, and banking legislation.

The article discusses Bank of England (BOE) Governor Mark Carney's role in the wake of the 2016 Brexit Referendum vote which authorizes Great Britain's departure from the European Union, and it mentions how Carney claimed that the BOE had performed contingency planning in the event that British voters decided to support the Brexit Referendum. According to the article, the BOE reduced interest rates and announced additional quantitative easing measures. British monetary policy is assessed.

The article announces that Charles Crone and Patti Judson were promoted to Executive Vice President at Bank of Ann Arbor in Michigan.

The article announces U.S. Bank's hiring of James Ferguson to lead global strategies and product development for its securities services division.

The article profiles Josef Ackermann, chief executive of Deutsche Bank, in Germany. The reason Ackermann, 56, still has an appetite for the job is that he dreams of transforming Deutsche Bank into a global financial powerhouse that will match Wall Street giants like Goldman Sachs and Merrill Lynch. In his two years in power, the Swiss-born investment banker has proved the dream is realizable, with two-thirds of Deutsche's 2003 revenue of $48.7 billion coming from outside Germany. Accused of improperly authorizing payouts to executives of Germany's Mannesmann after it capitulated to a buyout offer from Britain' Vodafone, Ackermann spent much of the first half of 2004 in court.

Presents an interview with Michael Beckerman, senior vice-president at the Bank of Montreal. Strong brands have a clear, unyielding, unrelenting focus on their end user. My first significant marketing campaign was when I was working in Hong Kong. We needed to jump-start the Nike brand in Japan. We talked about, Geez, what's a great Japanese icon? Well, Godzilla. And what's a great Nike icon related to the sport of basketball? Charles Barkley. We pulled together a storyline of Godzilla and Charles Barkley playing one-on-one basketball. I don't think it's more complicated than that. When brands overextend themselves into unnatural brand extensions or don't have the resources to execute--boy, that's when they start to break their promise. And once you break your promise, you're in big trouble. A brand is a promise, symbolized by an identity, delivered through experiences. Good marketing people spend more time with the inherent understanding of a truism--a consumer trend or a consumer insight--and then figure out how to best leverage that truism, so 80% of the energy is spent on execution and implementation. I think in Canada a lot of people spend 80% of their energy on strategy and 20% on execution.

Reports on Bank of America executive Douglas Sawyer's appointment to head the bank's operations in San Diego, California. Sawyer's roles and responsibilities; Sawyer's current position in the bank; Sawyer's career history.

The article features banker Chantal Capodicasa, who serves as senior vice president (VP) and business banking manager at Wells Fargo bank as of mid-September 2014. Capodicasa completed her degree in science at the University of Connecticut. Capodicasa leads a team that manages business client relationships, mainly small businesses, in New Jersey.

The article focuses on issues faced by executives of the u>S. investment banking firm Morgan Stanley & Co. Inc. in 2011. Topics discussed include stabbing charges faced by a fixed income executive in Connecticut, investigation faced by an executive regarding his link with prostitute Anna Gristina and the views of New York County District Attorney regarding the prostitution charges.

The article presents an update on several bankers from Michigan as of 2014. They include Charles Uluhogian who was a former correspondent banker with Comerica Bank, Rollin B. Dart who was president and chief executive officer (CEO) of Dart Bank and Ronald C. Lones Jr. who served as chief deputy commissioner and acting commissioner of the Office of Financial and Insurance Services.

PFR has pored over the results of this year’s JP Morgan Corporate Challenge race in New York’s Central Park to find out which power sector financiers crossed the finish line first. [ABSTRACT FROM AUTHOR]

Deutsche Bank has put the role of a CEEMEA DCM banker at risk. [ABSTRACT FROM AUTHOR]

Scotiabank looks set to enter the US private placement market, after it hired an experienced banker from National Australia Bank. [ABSTRACT FROM AUTHOR]

Standard Chartered has brought a former banker at Citi out of retirement to run its Greater China and North Asian business. [ABSTRACT FROM AUTHOR]

Commerzbank is "working on" a replacement for two longstanding FIG syndicate bankers who left the firm just before Christmas. [ABSTRACT FROM AUTHOR]

UBS has named a top executive in Zurich to take over as its India country head from next year, according to an internal memo seen by GlobalCapital Asia. [ABSTRACT FROM AUTHOR]

UBS has named a top executive in Zurich to take over as its India country head from next year, according to an internal memo seen by GlobalCapital Asia. [ABSTRACT FROM AUTHOR]

The article announces appointment of Stephen Spencer as senior structured finance banker, Young Cho and Hugh Yoon as project finance bankers at bank Intesa Sanpaolo.

The article announces the appointment of Christopher Simeone as vice president by East West Bank to replace Brett Macune, who left the bank.

Barclays has promoted one of its most senior bankers to an expanded position overseeing its banking activities outside of the Americas. [ABSTRACT FROM AUTHOR]

The article discusses Mark Carney, governor of the Bank of Canada since 2008, who will move to the Bank of England in July 2013. Public opinion about the banking industry, Carney's global finance policies, and his work for the international organization the Financial Stability Board (FSB) are discussed, as well as the economic role of central bankers and the economic conditions of Canada and Great Britain.

The article presents the key statements of the Virginia Bankers Association (VBA) in Virginia. These includes staying up to date with the trends in the banking industry. It notes the need to provide education and training for member banks. It mentions creating ways to strengthen their position and impact the communities being serve.

The article reports on the move made by Gibraltar Private Bank & Trust to hire several bankers from BB&T Bank.

Discusses the decision of a French magistrate to order Jean-Claude Trichet of the Banque de France to stand trial for his role in financial losses at Crédit Lyonnais in the 1990s. Possibility that he may not take charge of the European Central Bank (ECB) in July, 2003, as was expected; Imminent resignation of Wim Duisenberg of the ECB; Significance of this trial.

Equity-linked banker exits Goldman -- BAML hires in DCM syndicate -- ANZ loses debt director -- SMBC adds to loans team -- Ex-UBS banker heads to Citic CLSA [ABSTRACT FROM AUTHOR]