Banking
Top stories summarized by our editors
12/14/2018

Personalize employee gifts by asking each person about professional-development goals, Julie Winkle Giulioni writes. You could then help employees create individual plans for learning, offer opportunities to gain experience within the company or budget a development plan of their choosing, she writes.

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SmartBrief/Leadership
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Julie Winkle Giulioni
12/14/2018

Congress took a break for the holidays without a plan for heading off a partial shutdown of the US government next week. Talks on keeping the government running haven't progressed since President Donald Trump said he is willing to take the blame for a shutdown if he doesn't get funding to build a wall along the border with Mexico.

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Politico
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President Donald Trump, Congress
12/14/2018

The Senate banking committee will include Sen.-elect Kyrsten Sinema, D-Ariz., and Sen. Tina Smith, D-Minn., when Congress reconvenes in January. They will take the seats of Sens. Joe Donnelly, D-Ind., and Heidi Heitkamp, D-N.D., who were unseated in their re-election bids.

12/14/2018

Synchrony Bank's latest marketing campaign uses a Spider-Man theme and augmented reality to encourage consumers to "save like a hero." The campaign, which stems from a partnership between the bank and advertising agency Giant Spoon, promotes the film "Spider-Man: Into the Spider-Verse."

12/14/2018

Rep. Maxine Waters, D-Calif., is unlikely to roll back changes to the Dodd-Frank Act, but she can apply pressure to the financial industry and regulators appointed by President Donald Trump. Waters is set to become chairwoman of the House Financial Services Committee in January.

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The Hill
12/14/2018

Fifth Third Bank is paying off about $150,000 in student loans for a woman participating in a documentary produced by the bank about student debt. The bank is also paying off loans for two users of student-loan initiative Fifth Third Momentum.

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Good Morning America
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Fifth Third Bank
12/13/2018

You'll have stronger relationships with employees by regularly meeting to discuss roles, goals and happiness instead of waiting for an annual review, writes Lolly Daskal. Ask them how you can be of assistance, whether it's through listening or helping them overcome obstacles.

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Lolly Daskal
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Lolly Daskal
12/13/2018

A Department of Labor information letter indicates that state laws requiring written consent of employees before companies can withhold contributions for benefit plans are invalid. The letter says such laws are pre-empted by the federal Employee Retirement Income Security Act of 1974.

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Department of Labor, Labor Dept.
12/13/2018

Banking regulators appointed by President Donald Trump are taking a less aggressive regulatory stance than their predecessors. Changes include the Federal Reserve's moves to create a new rating system for large banks and to remove a liquidity requirement for midsize banks.

12/13/2018

Employee morale at the Consumer Financial Protection Bureau declined when Mick Mulvaney was acting director, according to the Partnership for Public Service. The drop was the largest among midsize federal agencies, the nonprofit's report stated.

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The Hill