Bank of America, Citigroup and City National: Bankers on the move
The industry saw some well-known executives step down from their roles or take on new ones during the past month. ... Read full article
The industry saw some well-known executives step down from their roles or take on new ones during the past month. ... Read full article
The decision by Citigroup’s board to name an independent director as its next chairman — and not elevate CEO Michael Corbat to the post — is seen as good governance, but it’s also a sign that the company’s recovery from the financial crisis remains a work ... Read full article
Koebler, the bank's head of consumer lending, will replace Jerome Lienhard, who is retiring. ... Read full article
The high-profile Michelle Moore will step down at year-end, to be replaced by David Tyrie. More synergy between digital operations and consumer products, while maintaining financial discipline, seems to be an important priority. ... Read full article
Despite obstacles that keep women from being equally represented in the boardroom, there are steps they can take to close the gap. ... Read full article
Readers react to an argument about reining in banker pay, weigh the push for raising the minimum wage, respond to Wells Fargo getting back into the private-label securities market and more. ... Read full article
A growing number of the top lawyers at major financial institutions are women. What’s it going to take to get other departments to follow suit? ... Read full article
Despite a mandate in the Dodd-Frank Act, policymakers have not yet finalized a rule reforming excessive pay on Wall Street. ... Read full article
At American Banker's annual Most Powerful Women in Banking gala on Thursday evening in New York, honorees urged the industry to promote more women and people of color. ... Read full article
The former banking lawyer, who went on to run major business lines at Merrill Lynch and UBS, will be honored Thursday at American Banker’s Most Powerful Women in Banking gala. ... Read full article
Sabet Elias has been named the trust bank's chief technology officer and will report to another BofA alum, Bridget Engle. ... Read full article
The head of Charles Schwab Investment Management is disrupting the asset-management industry by introducing more straightforward ETFs, mutual funds and other investment products. ... Read full article
JPMorgan Chase's chief says it will likely take time for women to make up 10% to 15% of CEOs at S&P 500 companies. ... Read full article
Paul Yonamine will succeed Catherine Ngo as the company's leader next month. Ngo will continue to run Central Pacific's bank. ... Read full article
The Committee for Economic Development will honor KeyCorp's Beth Mooney and CIT's Ellen Alemany for fostering diversity at their companies. ... Read full article
A recently retired Zions executive reflects on her career in banking and the importance of male mentors. ... Read full article
In response to a news report, Betsy Duke said Thursday that the board has not reached out to potential CEO candidates. ... Read full article
The New York Post reported Wednesday that Wells Fargo board members met with Trump White House alum Gary Cohn about becoming the bank's next CEO, but were rebuffed. Here's what to conclude from the article. ... Read full article
Shelley Siefert will also become the bank's president in May. ... Read full article
Kanas, who returned to the banking industry as part of the recapitalization of the failed BankUnited, will relinquish the company's chairmanship at the end of this year. ... Read full article