Tim Sloan couldn't hang on any longer. Here are insights about why he left now, what role policymakers played in the decision and will continue to have in the company's future, and who in the world would want to lead Wells Fargo.
Wells Fargo said Chief Executive Tim Sloan has the full support of its board following a report that directors had reached out to Goldman Sachs' former chief financial officer for his job.
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.
Michael Capatides, CIBC's chief administrative officer and general counsel, will take over as CEO of CIBC Bank USA on April 1, replacing Larry Richman.
