Banking

Paragon Bank names MMI PR its AOR

Brittaney Kiefer May 21, 2012

RALEIGH, NC: Paragon Commercial Bank has selected MMI Public Relations as its AOR.

Molle joins Rockland Trust as VP, PR manager

Lindsay Stein April 12, 2012

ROCKLAND, MA: Commercial bank Rockland Trust has appointed Ellen Molle VP and PR manager.

Lowdown: Banking on change

February 01, 2012

Intense regulatory and media scrutiny of the financial services industry has placed added pressure on bank marketers, who now have to rethink outreach.

Davos chief extends olive branch to Occupy protesters

Frank Washkuch January 27, 2012

Klaus Schwab, head of the World Economic Forum, reportedly invited members of the "Occupy" movement to meet with him to talk about their concerns.

Federal court halts Citigroup settlement with SEC

Danielle Drolet November 28, 2011

Citigroup's $285 million settlement with the Securities and Exchange Commission (SEC) was thrown out by a New York federal judge Monday, citing limited facts and transparency as barriers.

Corzine steps down from troubled MF Global

Danielle Drolet November 04, 2011

Former New Jersey Gov. Jon Corzine has resigned as chairman and CEO of MF Global, which filed for bankruptcy on Monday.

The PR Week - November 4, 2011

November 04, 2011

Steve Barrett, Frank Washkuch and Danielle Drolet discuss comms around ITT's split into three entities; changes in Burson-Marsteller's senior management; Bank of America's cancellation of its debit card fees; and MDC Partners' financials.

Citigroup settles civil fraud suit for $285M

Danielle Drolet October 19, 2011

Citigroup has agreed to pay $285 million to end Securities and Exchange Commission charges that allege the bank misled investors in a $1 billion derivatives deal connected to the housing market.

JMP Group names Dukas AOR

Danielle Drolet October 11, 2011

SAN FRANCISCO: JMP Group, a public investment banking and asset management firm, has selected Dukas Public Relations as its AOR.

Bank of America sharpens messaging about new fees

Chris Daniels October 07, 2011

CHARLOTTE, NC: Bank of America has amplified its messaging about new debit card fees after it received backlash from both consumers and politicians in the past week.

Schneider promotes DePaolo to VP

August 22, 2011

Schneider Associates, a Boston-based public relations and marketing communications agency, last week announced the promotion of Ashley DePaolo to VP.

Harris joins BankUnited as SVP, director of marketing and PR

Danielle Drolet June 10, 2011

MIAMI LAKES, FL: BankUnited named Mary Harris as SVP, and director of marketing and PR. She will oversee corporate communications, PR, advertising, and community relations.

Campaign uses College Humor to promote checks

Kimberly Maul October 05, 2010

ST. PAUL, MN: Deluxe Corporation, which produces checks, is leveraging online videos from College Humor in a new campaign targeting consumers, banks, and retailers.

Q&A: Kristin Lemkau, global CMO, J.P. Morgan Investment Bank

Alexandra Bruell September 16, 2010

PRWeek caught up with Kristin Lemkau, global CMO for J.P. Morgan Investment Bank, at Interbrand's 2010 Best Global Brands event celebrating the top brands from the organization's recent study. She talks about the banks' social media strategy and where it's investing in marketing.

First American Corporation hires Dan Smith as SVP of IR

Moses Sutton April 23, 2010

SANTA ANA, CA: The First American Corporation, a national provider of business information, hired Dan Smith as SVP of investor relations for the company's Information Solutions Group.

Banks campaign to keep overdraft fees

Erica Morris February 23, 2010

With the government coming down on how banks charge overdraft fees on debit cards, some of the industry's biggest players are launching an offensive campaign to continue receiving cash from overspending consumers.

RBS CEO's bonus refusal follows banking trend

Erica Morris February 22, 2010

The Royal Bank of Scotland's (RBS) CEO Stephen Hester will not be taking a bonus for 2009, following a rising trend of top banking executives declining payouts in the wake of public criticism.

BoA to provide customers summary of mortgage information

Erica Morris December 30, 2009

In a show of customer communications, Bank of America Home Loans is set to provide customers with a one-page summary of key terms on their mortgage modifications.

Banks continue to suffer image problems

Tonya Garcia May 22, 2009

The JD Power & Associates 2009 Retail Banking Satisfaction Study finds that the brand image of the nation's retail banks continues to decline. According...