Career moves

Senate confirms Wade as FHA commissioner


The housing agency's prior permanent chief, Brian Montgomery, left the position after he was tapped to become deputy HUD secretary.


Former KeyBank executive takes the helm at Alliant Credit Union


Dennis Devine, who has held leadership roles at several banks, is taking over immediately at the Chicago-based institution after David Mooney announced his retirement.


Fed board nominees move one step closer to Senate approval


Judy Shelton, President Trump’s contentious pick for an open seat, cleared a key hurdle by winning the approval of a majority on the Senate Banking Committee.


Wells Fargo hires Flagstar Bank's Kristy Fercho to lead home lending


Fercho will join Wells Fargo in August and report to Mike Weinbach, the bank's CEO of consumer lending.


PNC Financial expands, diversifies executive leadership team


Less than three weeks after making a $1.05 billion pledge to fight racism, the Pittsburgh company promoted two Black bankers to its top-level management committee.


CFPB political appointee to be named agency's No. 2: Sources


Tom Pahl, a former longtime regulator at the Federal Trade Commission, has led key rulemaking efforts for the consumer bureau.


Wells Fargo hires another JPMorgan alum to head wealth management


Barry Sommers, a former head of wealth management at the New York bank, is the latest high-level hire by Wells CEO Charlie Scharf.


Ex-OCC chief Otting to join board of software company


Former Comptroller of the Currency Joseph Otting landed a post with Black Knight, which provides technology solutions to mortgage and real estate companies.


Otting's legacy at OCC? It's complicated


The comptroller of the currency, expected to step down Thursday after two and a half years on the job, ruffled feathers and won some fans in pushing through CRA reform, cutting costs and trying to reshape the agency’s examiner culture.


Wells Fargo hires new operations head from BNY Mellon


Lester Owens, who is scheduled to join the bank in July, will report to Chief Operating Officer Scott Powell. He will be charged with implementing a more unified structure across the 260,000-person company.