Bitcoin surges on China talk; Mortgage market gets boost
President Xi wants faster research on blockchain, the technology behind digital currencies; low rates bring best home loan quarter in 14 years. ... Read full article
President Xi wants faster research on blockchain, the technology behind digital currencies; low rates bring best home loan quarter in 14 years. ... Read full article
Steven Retzloff, the company's president, will succeed George Martinez in January. ... Read full article
Big succession moves dominated the industry headlines in the past few weeks, as women claimed key chief leadership titles. ... Read full article
Banks have been pressured to improve diversity in leadership; Visa reports higher volume while PayPal says Venmo now contributing. ... Read full article
Citigroup promoted Jane Fraser to president, its second-highest post, making her a likely candidate to succeed CEO Michael Corbat and someday become the first woman to run one of the largest U.S. banks. ... Read full article
Tom Lopp will succeed Gary Judd at the end of November. ... Read full article
Ziv Biron succeeded Uri Levin, who was named CEO of Discount Bank, IDB's Israeli parent company. ... Read full article
Dorothy Savarese will remain the Massachusetts thrift's chairman and CEO. ... Read full article
The transition to Stein from Hadley Robbins is the result of a multiyear succession process, the Tacoma, Wash., company said. Robbins had succeeded the late Melanie Dressel. ... Read full article
HSBC's shortlist for its next chief executive officer includes Stephen Bird, Citigroup's head of global consumer banking, and RSA Insurance Group CEO Stephen Hester, Britain's Sunday Times newspaper reported. ... Read full article
Bank of New York Mellon’s quick decision to elevate the longtime executive to succeed Charles Scharf on an interim basis was well received. Will the board keep him, or search for an outsider for the long term? ... Read full article
Ernest Pinner, who co-founded the Florida company in 1999, will become non-executive chairman in January. ... Read full article
A research paper says the president’s constant criticisms are driving Fed policy, directly or indirectly; the huge demand by banks for cash may be the result of tougher regulations. ... Read full article
Scharf next month will become the fourth leader at Wells Fargo in three years. Meanwhile, Bank of New York Mellon has named Thomas P. "Todd" Gibbons as acting chief executive. ... Read full article
Wells Fargo still having trouble finding permanent CEO; Some lenders are using the deals to keep their best customers. ... Read full article
The consumer agency is investigating Bank of America over “potentially unauthorized” accounts; why fintech rollouts are magnets for fraud; KeyCorp’s Beth Mooney to retire next year; and more from this week’s most-read stories. ... Read full article
Royal Bank of Scotland promoted Alison Rose to chief executive officer, making her the first woman to run one of Britain's big four lenders. ... Read full article
The California company said it has no timeline for Russell Colombo's expected retirement. ... Read full article
Women executives headlined a number of key moves in the banking industry as summer wound down. ... Read full article
Brad Dinsmore, who will also serve as the California company's president, once was in charge of several key lines at SunTrust, including consumer banking and private wealth management. ... Read full article