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Here's what execs at Bank of America and JPMorgan are thinking about the future of brick-and-mortar branches as digital banking adoption soars

3 days ago   |   By Business Insider

Summary List Placement
Top executives at the two biggest US banks by assets have seen digital adoption soar among their retail customers during the coronavirus pandemic. And that's putting a spotlight on how exactly they're thinking about their sprawling networks of physical branches.
Speaking at the Barclays Global Financial Services Conference on Tuesday, Brian Moynihan, Bank of America's CEO; and Jennifer Piepszak, JPMorgan's CFO, both made mentions of the increasing reliance on digital banking tools.
There were signs in their remarks that the digital-adoption surge could change the...
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Latino, Black, And Native American Households Face Disproportionate Money Problems During Coronavirus Pandemic, Poll Finds

Latino, Black, And Native American Households Face Disproportionate Money Problems During Coronavirus Pandemic, Poll Finds

3 days ago   |   By Forbes

Latino households reported serious concerns at double the rate of white households.
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The 25 highest rated US CEOs during the coronavirus pandemic, according to employees

The 25 highest rated US CEOs during the coronavirus pandemic, according to employees

3 days ago   |   By Business Insider

Summary List Placement
The coronavirus pandemic has been, and continues to be, a major test for corporate leaders.
The public is watching whether CEOs lay off or furlough workers, as well as how they treat their employees during this time. As billionaire Mark Cuban said in April, customers who see companies laying off employees will send those brands "to the toilet."
Employees themselves are obviously taking note, too. Bank of America's Sheri Bronstein, the company's chief human resources officer, recently told Business Insider that employees are paying close attention to the benefits...
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