Features Banking

During her 24-year career at the Connecticut-based Webster Financial Corporation, Harriet Wolfe has shepherded the organization through major milestones. She became its first general counsel in 1997. In 2002, she helped Webster become listed on the New York Stock Exchange. Two years later, she oversaw efforts to convert its subsidiary, Webster Bank, to a national bank charter—while converting the corporation to both a bank and a financial holding company. Over the past […]

There was a time when EVP stood for executive vice president, but it’s been taking on a secondary meaning in the business world. The term “employee value proposition” is gaining popularity and for good reason. For there’s corporate competition for talent. Young people adept in infotech and cybersecurity can practically write their own ticket. Also […]

Looking to finance a car? Or maybe refinance one you already own? Given how expensive vehicles are, many consumers can’t just buy one outright. And many such consumers can be vexed by subjective credit ratings that preclude them from low interest rates even if their scores improve. Thus, says Gary Jeter, their best option would […]

In some ways, the February merger of BNB Bank and Dime Community Bank in the metropolitan New York area is a case of the more things change, the more they stay the same. Completed on Feb. 1, 2021, the merger combines banks that are well over 100 years old and, crucially, retains the community feel […]

A job offer like this comes around maybe once in a career—if you’re lucky. Having just turned 30, Daniel Pérez -Umaña understood, both professionally and personally, the weight and stakes of what was in front of him: a job as general counsel for BAC Credomatic, one of Central America’s largest banks. And yet, he hesitated […]

Just a little over 30 years old as a financial institution—and only seven of those as a validated bank—Grupo Financiero BASE is downright young when it comes to the banking industry: Its competitors and contemporaries have many more decades, very often centuries, of experience behind them. But youth also means there is ample opportunity for […]