Tanaya Macheel

First Midwest Bank in Itasca, Ill., announced Friday that it has hired Jo Ann Boylan, formerly of MB Financial Bank in Chicago, as chief information and operations officer.

How an undocumented immigrant rose through the ranks at Goldman Sachs; why one bank embraced a highly unusual strategy (and why you may want to copy it); and what Ally Bank's Diane Morais and Bank of America's Andrea Smith are up to now. Also, a pot (Hollywood) calls out a kettle (Wall Street) for a lack of women in leadership roles, and a high demand for airline pilots could make for more female-friendly skies.

Raj Seshadri will join the company April 11 as president of U.S. issuers, MasterCard said in a Tuesday news release. She will also become a member of the management committee.

Delaware, whose business-friendly laws have lured more than half the country's publicly traded corporations and more than 60% of the Fortune 500 to incorporate in the state, is now vying to become a hub for blockchain technology.

R3 CEV, the blockchain consortium backed by some of the largest global banks, has partnered with Microsoft to accelerate the deployment of distributed ledger technology.

Third Federal Savings and Loan in Cleveland has long offered mortgage refinancing in New Jersey, Pennsylvania, Maryland, Virginia and North Carolina. Now it plans to offer purchase loans in those states.

Did Lehman Brothers pick Erin Callan Montella for CFO at a desperate hour so that she could be the one to fall on the sword? Kelly Evans of "Closing Bell" suggests so. Are women focusing too much on performance? Carla Harris offers a more effective alternative. Also, Bank of America gives new parents more time off and an activist investor demands gender pay equality.

MADISON, Wis. -- Filene Research Institute has received more than $1.6 million in grant funding for its financial access-focused incubator.

The Depository Trust & Clearing Corp. and Digital Asset Holdings are targeting the repurchase agreement market as the latest use case for a blockchain solution.

HomeTrust Bancshares in Asheville, N.C., will name a the former North Carolina market president for Fifth Third Bancorp to its board, along with two other professionals.