Washington People
Bair vs. Bove
Although FDIC Chairman Sheila Bair was hardly staking out controversial ground last week when she said in a Financial Times op-ed piece that banks should hold higher capital in the wake of the financial crisis, it still clearly angered analyst Richard Bove.
Wal-Mart, Undeterred
Some believe Bank of Wal-Mart is less a matter of "if" than "when," but only Jane Thompson, president of Wal-Mart's financial services unit, can say for sure what the $400 billion retailer's plans are here in the States — and she's not saying.
Robert W. Baird Operations Chief Steps Down
After less than a year, Denise Wypiszenski has stepped down from her job as chief operating officer at Robert W. Baird's private wealth management group. In her role at the Milwaukee company, Wypiszenski was in charge of supporting its 650 advisers, as well as recruiting.
Dealmaker
Patterson Sells NewAlliance in $1.5B Deal
First Niagara said NewAlliance's extensive branch network will serve as a foundation for the Buffalo-based bank's growth in New England. The deal would create a top-25 bank with more than $29 billion in assets.
Video: Whatever You Do, "Don't Cry"
BNY Mellon's Karen Peetz recounts her most important lessons learned.
Women on The Hill
Desoer Calls for Transparency in Housing Finance
Consensus emerged at the Treasury Dept. conference on housing finance around creating an insurance fund to back mortgage-backed securities. Barbara Desoer, who head's BofA home loans, was among the female voices on the panel.
Woman to Watch
Merrill Lynch Taps Shalett
BofA hired Lisa Shalett as chief investment officer of Merrill Lynch Global Wealth Management and head of investment management and guidance. Shallet was a partner and head of global growth equities at AllianceBernstein LP.
Opportunity
JPMC Names Miller to Lead International Growth
Heidi Miller named head of international operations; CFO Michael Cavanagh succeeds Miller; Doug Braunstein, head of investment banking in the Americas, named CFO.
Staying Put
Krawcheck Rebuts Upheaval Rumors
Sallie Krawcheck, president of Bank of America's global wealth division, told the company's Merrill Lynch brokers that neither she, nor their compensation system, are headed ...
Archive
2009
Taking charge in turbulent times, 2009's honorees showed not only strong performance but mettle.
2005
Ahead of its time, US Banker recognizes the importance of risk, naming BofA's Amy Brinkley no. 1.
2003
Sallie Krawcheck, Chairman & CEO of Smith Barney, is no. 1 in the debut ranking of The 25 Most Powerful Women in Banking.
