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Bank of America's Lisa Carnoy, one of Wall Street's highest-ranking women, is moving from head of the global capital-markets division to an executive role in the U.S. Trust wealth-management unit. »
First Data in Atlanta has named retired JPMorgan senior executive Heidi Miller to its board of directors. »

Visa has created a new top post overseeing risk and public policy and named its next general counsel.

Bloomberg News
Rep. Maxine Waters' plan to overhaul the mortgage finance market may be dead-on-arrival in the House, but it is still likely to help determine the fate of a separate Senate bill seen as the leading congressional attempt to enact reform.

Bloomberg News
As a young congressional intern, RBC branch manager Amy Sturtevant wanted to make a difference. A career as a financial advisor afforded her the way to do that.

Volunteering at nonprofits is a good place to start, high-ranking female bank executives told attendees at a recent conference. Women also need to confront barriers head on.

Melissa Smith, the president of Wex since last May and its CEO since the start of this year, announced in a company memo on Wednesday that she is due in September with her first child.

Bloomberg News
Retail and consumer financial services veteran Jane J. Thompson has become a member of the VeriFone Systems Inc. board of directors, the terminal manufacturer announced March 26.

Bloomberg News
Rep. Maxine Waters, D-Calif., unveiled a new plan Thursday to overhaul the housing finance market, entering what's becoming a crowded field of proposals to restructure the mortgage system.

California's affordable housing scene was upended by a shift in public policy. Union Bank's Annette Billingsley sorts out the repercussions.

Lakeland Financial in Warsaw, Ind., has appointed Lisa O'Neill as its new chief financial officer. She joins the $3.2 billion-asset company from First Manitowoc Bancorp in Manitowoc, Wis., where she has served as CFO since 2007.

Bloombegr News
Federal Reserve Board Chair Janet Yellen on Wednesday suggested policymakers could begin to lift interest rates roughly six months after the central bank winds down its bond buying program this fall — a timeline that pointed to spring of 2015.

Bloomberg News
Sen. Elizabeth Warren, D-Mass., urged Banking Committee leaders on Thursday to give panel members ample time to consider their pending bill to overhaul the housing finance market before bringing the legislation to a markup.

Cece Stewart, who spent three years trying to turn around Citi's U.S. retail banking operations, is retiring. In an interview, she cited account growth, productivity improvements and cross-selling of credit cards as accomplishments that offset "enormous headwinds."
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SunTrust Banks (SBT) has shifted marketing chief Rilla Delorier into a new role in which she will be oversee SunTrust's consumer banking strategy.

Bloomberg News
Mary Miller, the acting Deputy Treasury Secretary, said regulators should coordinate and consistently apply tougher rules on financial institutions as they implement post-crisis reforms.

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