Career advancement

HUD promotes former CFPB official criticized for blog posts


Eric Blankenstein, who resigned from the Consumer Financial Protection Bureau in May after the discovery of his racially charged writings, was named acting executive vice president of Ginnie Mae.


Bitcoin surges on China talk; Mortgage market gets boost


President Xi wants faster research on blockchain, the technology behind digital currencies; low rates bring best home loan quarter in 14 years.


Behind Citi’s Fraser pick; payments companies’ strong quarter


Banks have been pressured to improve diversity in leadership; Visa reports higher volume while PayPal says Venmo now contributing.


Morgan Stanley data chief can relate to veterans' struggles


Jeff McMillan at Morgan Stanley shares stories of readjusting to civilian life and how he and his company help other veterans.


Stripe’s valuation rises to $35B; Bank stocks a buy?


The fintech is now worth $10 billion more than its top rival, Square; cost cuts, asset growth and share buybacks could offset the headwinds from low rates.


FinCEN unit targets money laundering; OCC warns on asset-depletion mortgages


New unit will work with foreign governments; standards too soft on those without conventional paychecks.


USAA walks the diversity talk with latest tech hires


The San Antonio company named Judith Frey vice president of digital banking, Maria Alvarez Mann chief information officer for bank technology and Carri Arnold bank technology officer.


Wells mulls making interim CEO permanent; Emanuel joins boutique bank


The bank is having trouble finding an outsider and acting chief Allen Parker has impressed the board; the former Chicago mayor will join Centerview Partners.


Bank Policy Institute names new general counsel


The trade organization is promoting deputy general counsel John Court to succeed Jeremy Newell in July.


First Republic, Stearns Bank and CIBC: Bankers on the Move


A potential succession and a transfer of power in family leadership are among the key recent executive moves in banking.