Oct. 27 - Georgia's smallest bank digitizes | Ex-Goldman lawyer sues over alleged cover-up

Ex-Goldman lawyer sues bank in alleged sexual misconduct cover-up; Truist's new CMO looks to 'meet the moment where it is'; Fifth Third names president, sparking succession speculation; Wells Fargo's corporate-trust unit could sell for $1B View online | Signup | Forward

Daily Dive Oct.​ 27,​ 2020 | Today's news and insights for banking industry leaders   TRENDLINE Customer Service Amid COVID-19 In this Trendline, learn how banking institutions like KeyBank and Current are keeping up with customer service expectations amid the pandemic. Access now.   113 years on, Georgia's smallest bank digitizes Barwick Bank's new owners installed a fresh core operating system, launched a suite of online banking products — and aim to expand into neighboring Florida while keeping a relationship-driven ethos. Ex-Goldman lawyer sues bank in alleged sexual misconduct cover-up Whistle-blower Marla Crawford claims her boss retroactively added negative comments to her performance review in retaliation for her complaint over an inappropriate relationship, leading Crawford's bonus to be slashed by $30,000. Truist's new CMO looks to 'meet the moment where it is' A big challenge is ensuring the bank's tone and narrative "fits where all of us are as a community," said Vinoo Vijay, who previously held marketing roles at H&R Block, TD Bank, Ally Financial, Bank of America and FedEx. Sponsored Content by Lightico Legacy eSignatures fail banks (What you need instead) Banks are falling behind on an essential part of the new remote reality - legacy eSign. Read why. Fifth Third names president, sparking succession speculation Impending retirements and health crises among top executives at two of the nation's four largest banks have made succession top of mind in the past year. UPDATED Wells Fargo's corporate-trust unit could sell for $1B The bank is also considering finding a buyer for its student-loan portfolio, sources told Bloomberg. People familiar with the matter told the wire service last week that Wells Fargo is weighing selling its asset-management unit. Banks moving into branchless towns amp up community ties From sponsoring Little League and Girl Scouts initiatives to helping a local library recover from a fire, small banks show deep roots when moving into banking deserts. Kansas regulators close Almena State Bank in year's 4th bank failure Almena is the second U.S. bank to shutter within a week. The bank's two branches opened Monday under the banner of Equity Bank, which is purchasing roughly all of Almena's $65.8 million in assets and its deposits. Fed, FinCEN want to make banks report international transfers of as little as $250 Friday's proposal to lower the threshold from $3,000 is meant to catch bad actors using low-dollar cross-border transactions to facilitate terrorist financing and other illicit activity. Read more news Protect Against Cyber Criminals in Automated Banking Protecting against cyber crime is essential, especially as an increasing reliance on contactless interactions creates new levels of risk for banks. Learn More What We're Reading American Banker Banks, PPP recipients caught in bind between two SBA rescue programs Bloomberg Law Minority Bank Execs Say Regulation Their Next Existential Threat CNN Charles Schwab plans to lay off 1,000 employees following TD Ameritrade merger The Wall Street Journal JPMorgan Currency Deal Highlights Finance's Green Shift CNBC Here's who Biden would likely pick as the top financial watchdog for consumers Suggest a story we should read Upcoming Events Accelerating Transformation in Budget-Cutting Times Oct. 28, 2020 - Oct. 28, 2020 | Webinar 2pm ET How to Automate Your Finance Department Oct. 29, 2020 - Oct. 29, 2020 | Webinar 1pm ET Protecting Against Fraud and Money Laundering Nov. 17, 2020 - Nov. 17, 2020 | Webinar 2pm ET Dive Into a Topic Commercial Retail Credit Unions Payments Regulations & Policy Technology Risk Share Banking Dive: Daily Dive with others and get rewarded. You've referred 0 readers. To become an official Dive Insider, just successfully refer 10 contacts to Banking Dive: Daily Dive. Here's your link to share: https://www.bankingdive.com/signup/insiders/?signup_referred_by=5f93078d7aa51972095c9316

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