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Banker


President Donald Trump’s main banker at Deutsche Bank is leaving the company, according to the New York Times. Rosemary Vrablic, a managing director at the bank, will step down on Dec. 31 after working with Trump for years. Deutsche Bank stuck with Trump through several turbulent periods in his business career, loaning him billions of …

ST. LOUIS and LONDON, Sept. 22, 2020 (GLOBE NEWSWIRE) — Stifel Financial Corp. (NYSE: SF) today announced the hiring of Ben Tompkins as a Managing Director in its Global Technology Group, based in London. Ben joins the full-service Stifel platform as an investment banker primarily focused on cloud-based software and software applications supporting financial institutions, …

FILE PHOTO: Governor of the Bank of France Francois Villeroy de Galhau delivers a speech to open a conference entitled “Bretton Woods: 75 years later” in Paris, France, July 16, 2019. REUTERS/Philippe Wojazer PARIS (Reuters) – Digital currency could be useful as cash transactions dwindle in some countries but central banks should be in charge …

“The technology combination of big data and artificial intelligence (AI) adopted by Lexin to assess customers’ creditworthiness has enabled the company to develop a risk management system that can automatically handle 98% of all loan applications while maintaining a charge-off rate of under 2%,” The Asian Banker commented. Behind the technological achievement is Lexin’s heavy investment …