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Banking

With the economy now on much firmer footing and more people back at work, Americans are entering the homebuying market in droves, stretching the staff of financial services providers thin and necessitating increased hiring to accommodate heightened demand. April was a particularly robust period for home loan lending activity. According to the...
Last Thursday, the Senate confirmed Jelena McWilliams as the new chair of the FDIC. McWilliams will replace former chairman Martin Gruenberg. Jelena McWilliams was the executive vice president and chief legal officer for Fifth Third Bank. McWilliams confirmation comes at a pivotal time for the financial industry. The Federal Reserve is...