News Topic: Career moves

Robert Broeksmit has a tough act to follow succeeding David Stevens, the CEO revered for navigating the Mortgage Bankers Association through one of its most tumultuous eras on record. But in doing so, Broeksmit has a distinct advantage over many of his ... Read full article

Robert Broeksmit, a career mortgage industry executive, will succeed David Stevens as the president and CEO of the Mortgage Bankers Association. ... Read full article

Promontory MortgagePath fills management roles for bank relations, technology and outsourced services opportunities. ... Read full article

Venu Krishnamurthy is joining the asset management giant at a time when it is reorganizing itself and tinkering with product offerings to ward off fintechs and other challengers. ... Read full article

Lisa Frazier, an adviser to banks and startups, will succeed Steve Ellis, who is stepping down after more than three decades with the company. ... Read full article

The Iowa company said that Bruce Lee will take over its top post next month. ... Read full article

Barclays hired Adam Kelleher from BuzzFeed to build a new global team of data scientists to support the company's research department. ... Read full article

The former Citigroup CEO is investing $100 million in Fair Square Financial, a midmarket card issuer; the exit leaves one executive atop the bank’s securities division. ... Read full article

Eric Itambo will become chief banking officer of CoBank, where he will oversee all lending operations. ... Read full article

The bank’s head of global capital markets is joining a private equity firm; Jefferies mortgage bond trader is freed from prison. ... Read full article

The firm will pay $110 million to settle charges it didn’t control traders; hedge fund executive says he was wrongfully accused of sexual misconduct. ... Read full article

Live Oak Bancshares wants its next bank president to “step on the gas” as it accelerates growth into new industries. ... Read full article

The high-profile hiring of Huntley Garriott comes a year after the North Carolina company had brought on a veteran banker to run the unit. ... Read full article

Tim Russi played a key role in the company’s transition away from its once-close relationship on General Motors. He will be succeeded by Doug Timmerman, a 32-year Ally veteran. ... Read full article

Matt Zames, the former JPMorgan Chase executive who had been seen as a candidate for Deutsche Bank's top job, was named president of the investment firm Cerberus Capital Management. ... Read full article

Several states have created their own operations aimed at shoring up what they see as oversight holes created by the CFPB; JPMorgan CEO’s annual letter (47 pages, this one) runs the gamut. ... Read full article

No reason was given for his exit by the Silicon Valley lender, which named another prominent economist, Susan Athey of Stanford, to its board of directors. ... Read full article

The hiring of Mark Begor comes as the credit bureau has been shuffling its top managers since disclosing last year that hackers were able to access the personal data of 145.5 million U.S. consumers. ... Read full article