Fed examines Deutsche’s Danske role; Wells loses another executive
The bank says regulators want information about its possible role in the money laundering scandal; Kristi Mitchem moves to BMO Global Asset Management. ... Read full article
The bank says regulators want information about its possible role in the money laundering scandal; Kristi Mitchem moves to BMO Global Asset Management. ... Read full article
The bloc said the company artificially raised interchange fees in Europe; weather changes that increase flood risks may mean defaults on mortgages. ... Read full article
Una Fox will be in charge of using AI and other data-driven technology to figure out what customers want from digital banking and how they want it. ... Read full article
The Texas bank disclosed that James Dreibelbis, a longtime Woodforest executive, succeeded Nash as president and CEO in late December. ... Read full article
The deal, valued near $22 billion, will combine two of the financial services industry's largest tech and processing firms; both banks top expectations. ... Read full article
The bank missed expectations although profit rose 67%; with the California Democrat leading the House Financial Services Committee, deregulation could slow. ... Read full article
Saul Van Beurden will have oversight of both technology and information security and will report to CEO Tim Sloan. ... Read full article
The unit is under investigation by federal agencies for misrepresenting pricing; investment bankers are looking at a possible 15-20% drop in bonus money. ... Read full article
Linda Lacewell replaces Maria Vullo as New York’s chief financial regulator; the Swiss bank is reportedly talking to Christian Meissner about a senior role. ... Read full article
Santander taps JPMorgan Chase exec Colleen Canny to lead retail network; can Trump actually fire Fed's Powell?; will 2019 bring long-awaited reform of Fannie Mae, Freddie Mac?; and more from the past two week's most-read stories. ... Read full article
Executives from Microsoft and other firms will expand PNC's board to 14 members. ... Read full article
The year featured executive shake-ups at the top of several of the industry’s largest institutions. ... Read full article
Former McKinsey & Company associate partner Liz Oakes has been named Mastercard's executive vice president of market development for the New Payments Platforms division. ... Read full article
The White House said that Comptroller of the Currency Joseph Otting will serve as acting director of the Federal Housing Finance Agency beginning Jan. 6 after the end of the Director Mel Watt’s term. ... Read full article
BBVA has picked Javier Rodriguez Soler, its head of strategy and mergers, to run its U.S. bank. ... Read full article
David Rupp was CEO of Four Oaks Fincorp in North Carolina when it sold itself to United Community Banks last year. ... Read full article
Gagan Kanjlia joins the Santa Clara, Calif.-based Silicon Valley Bank after spending two-plus years as the head of product for OnDeck, an online lending provider for small businesses. Before OnDeck, Kanjlia spent 14 years at Capital One ... Read full article
The current deputy secretary of the Department of Housing and Urban Development, Pam Patenaude, will step down in January. ... Read full article
Synovus has given CFO Kevin Blair the additional title of COO. He will oversee three business lines, plus tech, operations and product and treasury management. ... Read full article
The Alabama bank has named former power company executive Charles McCrary chairman instead of giving the job to new CEO John Turner. ... Read full article