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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.
September 28 -
A trio of executives moved up to the C suite and other CU professionals in the news.
September 28 -
Boeing Employees Credit Union (BECU), a $15-billion institution based in Tukwila, Wash., announced that industry veteran Parker Cann will retire at the end of this year.
September 28 -
JPMorgan Chase's Thasunda Duckett has been named chief executive officer of consumer banking as part of one of the bank's periodic management reshufflings.
September 27 -
The move is an example of how banks are looking to fintech entrepreneurs to bring innovation in, and it illustrates the emphasis and importance banks are putting on their mobile channels.
September 27 -
Brookline Bancorp in Boston said James McCarthy will succeed Russell Cole next month as president and CEO of First Ipswich Bank.
September 26 - New York
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.
September 25 -
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.
September 25 -
Some bankers are proud of making it through the financial crisis. Imagine doing that while also contending with a huge personal crisis. Karen Glenn, the chief executive of a Kentucky community bank, is a single mom of twin boys. She had just made it through a major health issue with one of her sons, when the other was diagnosed with cancer.
September 25 - Alabama
Rosilyn Houston couldn't have known it at the time, but the year she spent caring for her toddler son while he underwent treatment for leukemia would have a profound impact on the trajectory of her career.
September 25 -
When Laura Sikora interviewed at BMO Financial 20 years ago, she was struck by the fact that several people asked her what she wanted to do next. She got the message that her aspirations were important to the company, and now she has spearheaded a new micromentoring program to give others help with realizing their career goals. Employees who have specific skills they want to improve can get matched up with a colleague for some customized coaching sessions.
September 25 -
Centric Financial is one of the few publicly traded banking companies with women in the chief executive and chief financial officer roles. Centric is also distinctive for its enviable growth and performance. Those two facts are not purely coincidental, according to President and CEO Patricia Husic.
September 25 -
Women at JPMorgan Chase don't just settle for the formal check-the-box networking groups. Their grassroots efforts have launched multiple programs to raise the profile of women at the company and help them advance, including a new "30-5-1" campaign inspired by Marianne Lake. Other examples include the globe-trotting Women on the Move initiative and the ReEntry program to help ex-bankers return to the workforce after extended time off.
September 25 -
There's a lot to be done now that KeyCorp has closed on its deal for First Niagara, and it's telling who has been put in charge of the many different facets of the integration. While some might have just a few token women on their leadership team, Key can boast about the diversity of its bench strength.
September 25 -
For several years, Zions Bank has monitored salaries to ensure women aren't being paid less than men for comparable work. Last year, the monitoring went from a semiannual review to a constant lookout.
September 25 -
Candi Wolff of Citigroup and Anita Eoloff of Wells Fargo are two of the most powerful banking lobbyists in the nations capital, but they dont think the transformation of their once male-dominated field is done, nor do they think everything about the past should be abandoned.
September 25 -
Lisa McDougald, the deputy general counsel at the $222 billion-asset BB&T in Winston-Salem, N.C., and Leon Holschbach, chief executive at Midland States Bancorp, a $3 billion-asset company in Effingham, Ill., were appointed to the board this summer.
September 23 -
Wellesley Bancorp in Massachusetts has appointed New England banking veteran Kathryn Hinderhofer to its board.
September 22 -
Brookline Bancorp in Boston has promoted its head of commercial real estate lending to leader of its entire banking unit.
September 21 -
One CU celebrates more than seven decades of service, while others offer scholarships, financial literacy training, random acts of kindness and more.
September 21

