Michael DeShazo has been serving as interim leader of the San Diego-based institution since the previous CEO left in June.

Treasury secretary says regulators could look to help ease liquidity logjam in money markets; workers will get special bonuses for the third straight year.

Bank of America plans to pay its employees special bonuses for a third straight year after reporting record earnings in four of the past five quarters.

It's difficult to recruit and retain talent amid low unemployment, while uncertainty about GSE and BSA reform makes planning harder, bankers said at the ABA convention.

Women need to take charge of their own networking events.

Ideal Credit Union and BayPort Credit Union both bolstered their home lending teams while other industry groups announced promotions and new hires.

The company has recruited bankers from Wells Fargo, Deutsche Bank and smaller firms to expand its corporate banking team that serves financial technology clients.

Division is making progress, helped by a rise in branded credit cards; about 200 bankers in agriculture and energy lending let go in recent months.

Banks have been pressured to improve diversity in leadership; Visa reports higher volume while PayPal says Venmo now contributing.

Citigroup promoted Jane Fraser to president, its second-highest post, making her a likely candidate to succeed CEO Michael Corbat and someday become the first woman to run one of the largest U.S. banks.