Career moves

Bank for International Settlements report says central banks don't have tools to handle climate change; banks could face different CRA rules.

In his new role, Chubak will oversee all of Citigroup’s retail channels, product management and client segments.

Steve Streit is retiring as part of a shakeup in the firm's management ranks. The Pasadena, Calif.-based company that he founded in 1999 has been suffering amid new competition from challenger banks.

Scott Powell, who resolved numerous regulatory problems as the head of the Spanish bank's U.S. operations, will face similar challenges at scandal-plagued Wells. As the bank's chief operating officer, Powell will report to CEO Charles Scharf, a former colleague at JPMorgan Chase.

Allen Parker, who led Wells Fargo during its six-month search for a new chief executive, will leave the bank next year.