Commercial: Page

  • 'Shifting justifications' prompt 9th Cir. to overturn Wells Fargo summary judgment

    An email from a supervisor undercut the bank's argument that the plaintiff was fired because her position was eliminated in restructuring.

    By Lisa Burden • July 10, 2019
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    Alex Hickey
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    Top US banks join over 200 corporations to sign LGBTQ rights amicus brief in SCOTUS cases

    Lambda Legal described it as a "landmark brief" with more corporate signers than any other previous brief supporting the LGBTQ community.

    By Valerie Bolden-Barrett • July 9, 2019
  • An AI processor on a futuristic printed circuit board Explore the Trendline➔
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    Getty Images
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    Trendline

    Artificial intelligence

    Banks must decide whether to forge AI tools in-house or partner with outside firms. AI’s importance can’t be understated, but legacy tech may also constrain the budget for banks looking to innovate.

    By Banking Dive staff
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    David McNew via Getty Images
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    SunTrust joins wave of banks cutting ties with private prison industry

    The bank said the decision was made "after extensive consideration of the views of our stakeholders on this deeply complex issue."

    By • July 9, 2019
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    Pedro Plassen Lopes
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    Bankers brace as Deutsche Bank begins 18K staff cuts

    Big staff cuts, long predicted, take effect to begin a "fundamental rebuilding" of the bank. 

    By Robert Freedman • July 8, 2019
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    geralt via Pixabay
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    Banks take wait and see approach to ROI on AI deployment

    Gartner's Moutusi Sau said the banking industry as a whole still waits to see actual value from their current AI projects before committing more resources to the emerging tech.

    By • July 8, 2019
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    Wikimedia; Aotearoa
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    Citi first major US bank to join UN sustainability initiative

    The U.N. says the principles are meant to align banks with the organization’s Sustainable Development Goals and the Paris Climate Agreement.

    By • July 3, 2019
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    Thomas Wolf
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    Deutsche Bank to meet July 7, staff cuts could total 20K

    Bankers who work for the bank's U.S. equities business likely face the biggest cut.              

    By Robert Freedman • July 3, 2019
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    Share America
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    Banking, tech top grads' ideal employer list in new survey

    High-profile companies with notable brands and cultures appeal to recent grads the most, the Universum Global survey noted.

    By Valerie Bolden-Barrett • June 6, 2019