News Topic: Career moves

The disease could lead to less lending business and more loan defaults; Sergio Ermotti will join the insurance company as chairman in 2021. ... Read full article

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. ... Read full article

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. ... Read full article

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

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. ... Read full article

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

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

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. ... Read full article

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. ... Read full article

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

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. ... Read full article

With policymakers focused on ending Fannie Mae and Freddie Mac’s conservatorship, their regulator is reorganizing key units and adding staff to position itself for the long term. ... Read full article

The Massachusetts senator took aim at certain views expressed by Judy Shelton, a Trump administration pick to sit on the Federal Reserve Board, that have sparked controversy. ... Read full article

The agency has named Thomas G. Ward as the bureau’s assistant director for enforcement. House Democrats have questioned Ward's role as a political appointee in the Trump administration. ... Read full article

The New York-based credit card issuer is expanding its board to 13 members with the addition of Karen Parkhill. ... Read full article

Timothy Crane is set to succeed Ed Wehmer as president, though Wehmer will remain the Illinois company's CEO. ... Read full article

Luis Massiani has been the company's chief financial officer since 2012. ... Read full article

The U.S. arm of Toronto-Dominion Bank said Matt Boss will oversee credit cards, residential loans and deposit products, among other areas. ... Read full article