Recruiting

Citigroup has hired Murli Buluswar as head of analytics and information management in its U.S. consumer banking segment. It also has promoted Tracey Warson from head of Citi Private Bank, North America, to chairman of the unit.

Banks say easing rules on people with some criminal records will diversify the applicant pool; deal with Synchrony may be near.

Hundreds of thousands of jobs have disappeared on Wall Street since the 2008 financial crisis and some of the biggest banks haven't stopped cutting. Still, some firms managed to reverse the trend and are slowly boosting staff levels.

Industry lawyers say the agency’s decision could have implications for other bankers looking to change jobs.

Franklin Financial, which was recently freed from a memorandum of understanding, has installed interim leaders following its founding CEO's retirement and his son's resignation.