News Topic: Succession planning

The bank’s top shareholders want the chairman to quit if he won’t support the CEO; HSBC expected to go forward with job cuts while searching for permanent boss. ... Read full article

Timothy Crane is set to succeed Ed Wehmer as president, though Wehmer will remain the Illinois company's CEO. ... Read full article

The U.S. arm of Toronto-Dominion Bank said Matt Boss will oversee credit cards, residential loans and deposit products, among other areas. ... Read full article

The company, which just hired CEO Jay Sidhu's son to groom as its next chief, had been holding itself back to avoid caps on interchange fees. ... Read full article

The Providence, R.I., bank said that Rick Suarez would succeed Rob Clarfeld as head of Clarfeld | Citizens Private Wealth. ... Read full article

Patrick O'Brien had been CF Financial's president and CEO for about two years. ... Read full article

In the newly created role, Daniel Budington will be responsible for developing strategic partnerships and identifying growth opportunities. ... Read full article

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

Banks had the highest turnover of chief compliance officers among the 100 largest financial services firms in the world, according to a recent study. Recruiters say that’s a function of changing job demands, high pressure and poaching by fintechs — plus ... Read full article

Michael Troutman will serve as chief revenue officer at Bay Banks of Virginia, where he will advise management and the board on growth opportunities. ... Read full article

Wells Fargo's continued leadership shake-up led to more executive shuffling in the final two montsh of 2019. ... Read full article

One found a buyer, another announced plans to retire, and others took steps to reinvent their banks. ... Read full article

Regulators said the living wills of six banks — not Goldman or JPM — need tweaking; the investment values the global business travel unit at $5 billion. ... Read full article

In addition to overseeing the bank’s lines of business, technology and operations, Kevin Blair will now be responsible for human resources, credit administration and all customer-facing support functions. ... Read full article

Named interim CEO in August, Noel Quinn now appears to be the front-runner to lead the global bank's next turnaround. ... Read full article

The regulator says the bank needs to address employee complaints and pay controls; the presidential hopeful would make it more difficult for banks to combine. ... Read full article

Craig Howie, who joined the bank after a merger, will succeed the retiring Jon Evans on Jan. 1. ... Read full article

The veteran banker succeeded Randy Sims, who recently retired. Sims had been the Arkansas company's CEO since replacing Allison in 2009. ... Read full article