Bankruptcy Blogs

Various trade organizations sent letters to a House Financial Services Committee task force saying lawmakers should "actively discharge their oversight prerogatives" as the national bank regulator considers giving licenses to companies that do not accept deposits.

Michael Rechin will step down at the end of this year. The Indiana company tapped CFO Mark Hardwick as its next CEO, while Michael Stewart, its chief banking officer, will become president.

The economist Marc Sumerlin was invited one June morning in 2019 to meet with President Trump, but with a condition: he had to be prepared to accept Trump's nomination to the Federal Reserve's Board of Governors. He declined.

Financials led the way with a 2.3% gain as the overall stock market rose more than 1.5% Monday; the new service will help small businesses spot online scams.

Many of the women in this year's list are familiar to American Banker readers, including J.P. Morgan's Mary Callahan Erdoes, Fidelity Investmemts' Abigail Johnson and Synchrony Financial's Margaret Keane. Seven honorees are newcomers, including two, Maria Hackley and Ida Liu, from Citigroup.