News Topic: Recruiting

JPMorgan Chase said it plans to hire 300 additional Black and Latinx wealth advisers by 2025 to serve more clients from those communities and allow employees from diverse backgrounds to advance in their careers. ]] ... Read full article

Longtime leader John Young plans to retire at the end of 2021, and the credit union has hired Humanidei to find a replacement. ... Read full article

Brian Milton, who ran MUFG Union's digital bank, was named head of banking and would become CEO of Thrivent Bank, a digitally focused platform that plans to operate as an industrial loan company. ... Read full article

The new directors are Ime Archibong, whose team builds and tests mobile apps at Facebook, and Craig Williams, president of the Nike product line named after former NBA superstar Michael Jordan. ... Read full article

Marcus Martin will be responsible for expanding sustainable investing options for the Minneapolis company's corporate and commercial customers. ... Read full article

HoldCo Asset Management wrote in a letter to the Boston company's chairman that it also wants the board to consider share repurchases to improve shareholder value. ... Read full article

A race for talent is heating up as Wells Fargo winds down the roughly $40 billion international segment of its wealth management business, with several firms competing to scoop up advisers and their lucrative client lists. ... Read full article

Scott Ford is the new president of the 1,400-employeee wealth management unit that caters to affluent clientele of the Minneapolis company. ... Read full article

The company is also looking to hire more senior lenders as it expands in markets around Los Angeles and San Diego. ... Read full article

One engineered a big M&A deal, another struggled with his bank's credit issues and another abruptly resigned. Here are their stories and more. ... Read full article

Anna Lo, a former NCUA examiner who previously led Pacific Transportation FCU, will take the helm next month, following the retirement of longtime CEO Lourdes Cortez. ... Read full article

It's legal to require vaccinations to ensure health and safety in branches, but employers risk adding to workplace tension. ... Read full article

The company hired two Atlantic Union bankers to run its bank and begin recruiting customers in and around Washington. ... Read full article

The hurdles faced by Black professionals who break into the financial services belie the notion that their small numbers at the industry’s top ranks are a pipeline problem. ... Read full article

The hurdles faced by Black professionals who break into the financial services belie the notion that their small numbers at the industry’s top ranks are a pipeline problem. ... Read full article

A former Fifth Third executive recently accused the company of failing to deliver on a promise to make him president because he’s in his mid-50s. The case offers important lessons in hiring and succession planning as the banking industry cuts costs and ... Read full article

Todd Sheffield has announced his intention to step down from the Santa Rosa, Calif.-based institution, which he has led since 2003. ... Read full article

Vendors such as eFinancialCareers, Paradox and pymetrics work with banks to assess job applicants based on their skills and not other factors. But the technology has its limits. ... Read full article