News Topic: Succession planning

The voluntary agreements were meant to help the FDIC make staffing changes ahead of a wave of retirements. But concerns about the coronavirus means those plans will be put on hold. ... Read full article

The central bank made two more moves to keep credit flowing; the Housing Policy Council plan would halt mortgage payments during the COVID-19 crisis. ... Read full article

Quinn served as acting CEO since August, when John Flint was ousted over concern he couldn't lead the bank through an increasingly treacherous series of economic challenges. ... Read full article

TD Bank Group's top lawyer will succeed Allen Parker at scandal-plagued Wells Fargo later this month. ... Read full article

Jonathan Dowst will become president in July and CEO a year later. ... Read full article

HSBC sounded out former Citigroup banker James Forese to gauge his interest in the chief executive officer's post, at least the third high-profile outside financier to be approached. ... Read full article

Potential replacements for the bank's longtime CEO include consumer banking chief Gordon Smith, investment banking head Daniel Pinto, Chief Financial Officer Jennifer Piepszak and consumer lending CEO Marianne Lake. ... Read full article

One year after he led the sale of MB Financial to Fifth Third, Mitch Feiger will hand off his duties to his longtime lieutenant, Mark Hoppe, and join Fifth Third's board. ... Read full article

The agency says it is not cutting its workforce but that the new strategy is necessary because it has an unusually high number of workers near retirement age. ... Read full article

The South Florida company said Alberto Peraza, who played a key role in its 2018 initial public offering, is leaving for personal reasons. ... Read full article

JPMorgan would consider buying other businesses; collectors would be allowed to pursue debt past the statute of limitations, if they warn borrowers. ... Read full article

Payments firm announces leadership changes; the bank will place restrictions on fossil fuel lending while adding to sustainable projects. ... Read full article

The bank could announce as early as Friday a deal on charges it wronged customers; the acquisition allows Morgan Stanley to compete in retail banking. ... Read full article

Zember abruptly resigned as CEO of Ameris Bancorp last summer. ... Read full article

$13 billion deal will get Morgan Stanley "ready for prime time"; Ralph Hamers will replace Sergio Ermotti later this year. ... Read full article

David Brager, the California company's sales division manager, will replace Christopher Myers on March 16. ... Read full article

The overhaul calls for massive job cuts but leaves interim CEO Noel Quinn’s permanent role in limbo; the program would throw out most of Trump’s Dodd-Frank rollbacks. ... Read full article

Alexander most recently headed up mortgage lending and before that co-led the integration of Key's acquisition of First Niagara. He replaces Dennis Devine, who recently left the company. ... Read full article