Noose tightens on Swedbank; Barclays investment bank chief quits
Swedbank fires its CEO as New York State DFS probes alleged money laundering; the underperforming unit will be overseen by CEO Jes Staley. ... Read full article
Swedbank fires its CEO as New York State DFS probes alleged money laundering; the underperforming unit will be overseen by CEO Jes Staley. ... Read full article
Hugh Frater loses the "interim" title, taking full control of the government-sponsored enterprise as Congress begins debating (again) the future of Fannie as well as Freddie Mac. ... Read full article
Two of three hires announced by the agency come from the Ohio bank, where the FDIC chairman formerly served as a top executive. ... Read full article
Shift toward computerized, quantitative trading helps women advance; big bank stocks are on a pace for their worst week since December. ... Read full article
David Brickman will take the helm of the mortgage giant at a time of transformation in the mortgage market and housing finance policy. ... Read full article
The bank aims to revitalize with internal promotions; German chancellor will let the country’s two biggest banks work things out themselves. ... Read full article
James Hubbard will replace Stuart Alderoty, who left CIT earlier this year to join the fintech Ripple. ... Read full article
A potential succession and a transfer of power in family leadership are among the key recent executive moves in banking. ... Read full article
Six senior executives at Chemical and TCF will move into similar roles when the merger closes later this year. Chemical Bank's current CEO, Tom Shafer, will become president of the combined bank, reporting to CEO Craig Dahl. ... Read full article
The white-shoe firm is relaxing its “stuffy” dress code for a more “flexible” one; the CFPB plans to toughen rules on energy-saving project lenders. ... Read full article
The secretary of housing and urban development plans to "finish out this term" but wants to return to "the private sector because I think you have just as much influence, maybe more." ... Read full article
JPMorgan's Dimon: Square innovated where we should have; this company simplifies bank switching (and banks pay for it); BB&T-SunTrust deal has Atlanta banks licking their chops; and more from this week's most-read stories. ... Read full article
Will Howle, head of U.S. retail and mortgage banking, and Alice Milligan, chief digital experience officer, will leave this spring. ... Read full article
If verdict stands, it could raise ceiling on anti-laundering penalties; better-than-expected results buy Barclays chief more time on current strategy. ... Read full article
Large banks made appointments in key technology and niche lending roles, while leadership shifts are underway at several community banks. ... Read full article
The Federal Housing Finance Agency has appointed a special assistant to President Trump and former Trump campaign official as chief of staff of the agency. ... Read full article
Shaza Andersen, a well-known banker around the nation's capital, would serve as Trustar Bank's CEO. ... Read full article
The hiring of a former GOP congressional aide suggests the bureau will continue to rely on political appointees in senior positions. ... Read full article
Keith Wilton will also succeed Walter Kaczmarek as president in August. ... Read full article
Wells Fargo named Steve Troutner head of the community bank's U.S. Western region, one of the unit's most senior outside hires since a scandal over bogus accounts erupted more than two years ago. ... Read full article