Brian Moynihan emerged as Ken Lewis' successor at Bank of America. His promotion to president and CEO took effect Jan. 1.
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BofA vice chairman William McDonough, a Merrill Lynch veteran and former Federal Reserve Bank of New York president, retired in December.
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Regions Financial chairman and CEO C. Dowd Ritter announced a March retirement date. President and COO O.B. Grayson Hall will move up.
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Ex-Citigroup COO Robert Druskin became chairman and interim CEO at E-Trade.
The Philadelphia-based bank's parent company, Republic First Bancshares, had been roiled by a yearslong proxy battle involving activist investors groups and its former CEO.
The Wyoming-based digital asset bank filed paperwork to challenge last month's district court ruling, which affirmed the Federal Reserve's view about its discretion over master account applications.
The former head of the Consumer Financial Protection Bureau resigned Friday after the troubled rollout of the Free Application for Federal Student Aid led some House Republicans to call for his resignation.
The San Antonio-based bank said that loan growth, fueled in part by its expansion in key Texas markets, may compensate for pressure on deposits. It slashed the number of rate cuts it expects this year from five to two.
Mississippi's Renasant names its next CEO; environmental fintech Aspiration Partners spins out its consumer brand; the OCC adds five weeks to comment period for Capital One-Discover merger; and more in the weekly banking news roundup.
The Wisconsin banking company forecasted loan growth of 4% to 6% for the full year, driven by an expansion into new commercial and consumer credit lines as well as enduring economic strength in the Midwest.
