Career moves

CFPB's No. 2 to leave agency for law firm

02/25/20

Deputy Director Brian Johnson spent more than two years serving under two separate CFPB directors. He will become a partner at Alston & Bird LLP next month.

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Trump to name former HUD official as FHA commissioner

02/20/20

Dana Wade would succeed Brian Montgomery, the acting deputy secretary of the Department of Housing and Urban Development.

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Freddie Mac names Donna Corley as head of single-family

02/20/20

Freddie Mac elevated Corley to executive vice president and head of its single-family business, putting her permanently in the role she occupied since last October.

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The API race, CFPB vs. Citizens, Varo's bank charter: Top stories of the week

02/14/20

Wells Fargo appears to be outpacing its rivals in the API race; CFPB's unexpected showdown with Citizens; Varo gets vital FDIC OK for bank charter; and more from this week's most-read stories.

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Scharf overhauls Wells Fargo’s structure; CECL could be a boon for banks

02/12/20

Bank will have more business lines, all reporting to the CEO; a research paper says the accounting rule could result in eased capital rules.

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Wells Fargo hires another JPMorgan exec as shake-up continues

02/11/20

Mike Weinbach will lead consumer lending as part of a reorganization that will change the responsibilities of three longtime bank executives.

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M&T snags JPM exec, banking deserts, goodbye legacy cores: Top stories of the week

02/07/20

M&T hires Aarthi Murali away from JPMorgan Chase as its customer experience chief; when a small town loses its only bank; why more banks are ditching their legacy core vendors; and more from this week’s most-read stories.

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Credit Suisse CEO leaves; Fannie, Freddie to buy SOFR mortgages

02/07/20

Tidjane Thiam submits his resignation; the two agencies said they will soon start accepting mortgages tied to the new rate and drop Libor by yearend.

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Wells Fargo's latest high-level hire will oversee sales practices

02/06/20

Michael Cleary will report to Scott Powell, who had been his boss at Santander Bank.

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Boardroom war at Credit Suisse; HSBC still looking for CEO

02/06/20

The bank’s top shareholders want the chairman to quit if he won’t support the CEO; HSBC expected to go forward with job cuts while searching for permanent boss.

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