Kristin Broughton

State Street on Wednesday appointed a new chief financial officer.

The Wells Fargo cross-selling controversy has raised questions about its well-telegraphed succession plan. Tim Sloan, the company's president, has been the heir apparent, but his longtime association with Wells could be a problem if investors or regulators push for an outsider to overhaul the corporate culture.

When the movie "Equity" arrived in theaters — with women in the leading roles as Wall Street executives — Barbara Byrne had her name in the credits. The project is just one of the distinctive ways that Byrne, Barclays' vice chairman of investment banking, has been promoting gender diversity. She is motivated to make a difference and tries to choose projects that will have a big impact.

Meet JPMorgan Chase's new general counsel. Stacey Friedman, a tough financial litigator who also fights for social justice, is the only woman to serve as the general counsel of a systemically important U.S. bank. From crisis-era legal strategy to a recent failed grade on a living will, she embraces every challenge. But one of her proudest accomplishments is unrelated to banking: a pro bono case she helped win to stop a ban on same-sex couples adopting children.

Big banks in Charlotte, N.C., on Thursday told employees to work from home, following a second night of unrest in the city.

An unusual investment by the Minneapolis company shows how big banks are developing innovative partnerships to deliver financial services in low-income neighborhoods.

An unusual investment by the Minneapolis company shows how big banks are developing innovative partnerships to deliver financial services in low-income neighborhoods.

JPMorgan Chase on Tuesday named Todd Combs, a protégé of and possible successor to Warren Buffett, to its board of directors.

The subprime auto lender Santander Consumer Holdings USA has made two key leadership moves as it faces ongoing accounting problems.

Andy Cecere is widely viewed as the successor to Richard Davis as chief of the Minneapolis bank — Davis has repeatedly backed him in public forums — but Cecere may get several years to prepare for the daunting growth challenges facing banking's next generation of leaders.

Speaking at an investor event Thursday, U.S. Bancorp Chief Executive Richard Davis said he has no plans to court Wells Fargo customers who might be put off by the recent account-related scandal at their bank.

CIT Group in Livingston, N.J., has named HSBC executive Stuart Alderoty as its new general counsel.

Regions Financial in Birmingham, Ala., has lowered its forecast for annual loan growth, citing weak demand for commercial loans.

Banks will report quarterly results in about a month, and big-bank chiefs cautioned that lending is sluggish because businesses have little desire to take on more debt amid economic and political uncertainty.

Comerica in Dallas has sent layoff notices to about 450 employees – nearly half of them in managerial roles – as part of a major cost-cutting initiative.

New credit card accounts at JPMorgan Chase have grown by double digits thanks partly to its embrace of borrowers with lower FICO scores, but it sought to reassure investors that credit quality has suffered only slightly.

CIT Group's likely sale of its aircraft unit would reduce it to just above the threshold for systemically important financial institutions. Some analysts and investors want CEO Ellen Alemany to downsize the commercial lender further.

The slow start to Fifth Third's 3%-down mortgage illustrates some of the logistical challenges with such programs, which are on the rise across the industry.

U.S. acquisitions have buoyed profits at Canada’s biggest banks, whose domestic economy is sluggish and possibly on the verge of a housing crisis. The banks are expected to pursue more M&A in the U.S. if that problem persists.

Months after advocating for a blockbuster sale of Comerica, Hudson Executive Capital has slashed its stake in the company, as chatter about a potential deal has fizzled. Still, the firm is credited with pushing the struggling regional bank to adopt a surprisingly aggressive turnaround plan.