The Latest

  • Scott Olmsted is the group head of the tech, media & entertainment group in global commercial banking, Bank of America Merrill Lynch. Based in Los Angeles, Scott leads a team which advises emerging growth to public companies across multiple segments of their business including capital raising and advisory, delivering the full capabilities of the bank.

    March 16
  • Tim Sloan, who rose to CEO in October, received $12.83 million, up from the $11 million he got as COO for 2015, according to a regulatory filing.

    March 16
    Wells Fargo bank shiny window Bloomberg News
  • Christine Pratt is a senior analyst at Aite Group specializing in lending and credit risk and spanning Aite Group’s Retail and Wholesale Banking segments. She brings to Aite Group a strong research and consulting background as well as hands-on experience developed working within financial institutions.Ms. Pratt has been widely quoted in national media and industry publications such as Wall Street Journal, Forbes, American Banker, Bank Technology News, Bank Systems & Technology, and Credit Union News. She has presented at major industry events (CBA, MBA) and client conferences for top technology providers.Before joining Aite Group, Ms. Pratt served as president and CEO of Pratt Associates, a firm dedicated to providing marketing and competitive intelligence, including research advisory and consulting services, to the financial services and healthcare industries. Prior to this she was a research director within Financial Insights’ Consumer Banking and Credit practice, and senior research analyst with TowerGroup’s Consumer Credit practice. In these capacities she authored research and advised senior management of financial services clients on system selection and best practices in business processing.Ms. Pratt adds strong domain expertise to her list of industry experience, including COO duties for both the consumer lending and mortgage subsidiaries of a large regional lender, and CAO duties for two investment advisory firms. Ms. Pratt managed multiple core banking systems conversions for RBS Citizens Bank, a top 10 U.S. bank, and was a senior vice president at BayBanks, where she had oversight of all credit operations (including credit cards, mortgages, and auto finance) and managed a staff of more than 500. At Shawmut Bank, Pratt drove the centralization of corporate customer call centers and managed all corporate services operations. Additionally, as a senior manager for a New York-based consulting firm, she supported Top 10 financial institutions and Internet startups.Ms. Pratt holds a B.A. in both English Literature and Mathematics from Boston University.

    March 15
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  • The rep initially alleged his wallet had been stolen and someone forged his signature. He later claimed he must have been drugged.

    March 15
    FINRA sanctions former JPMorgan rep for alleged false claims about fraudulent credit card charges.
  • Many seniors are unaware that Medicare premium payments are deductible, while their spouses who are still working can contribute to a spousal IRA and reduce their taxable income.

    March 15
    An elderly couple walk arm-in-arm past an outdoor cafe terrace in Edinburgh, U.K., on Wednesday, July 31, 2013. The latest opinion polls show supporters of Scottish First Minister Alex Salmond's campaign for independence lagging behind those in favor of the status quo by more than 20 percentage points ahead of the Sept.18, 2014, referendum. Photographer: Simon Dawson/Bloomberg
  • Tracy Walsh is a senior consultant for Population Health Advisor of Advisory Board, a consulting firm specializing in healthcare and technology.

    March 15