Organization Root Tag

A report recommends clearer guidelines and enhanced training to prevent conflicts of interest in FDIC acquisitions, which the agency concurred with and agreed to implement.

Berkshire Hathaway's stake in BofA is now 10.5%.

Pam Kaur has emerged as a leading candidate for one of the top jobs in global banking.

After the bank's 2014 spinoff from Royal Bank of Scotland, its executives worked to shore up weaknesses. Now they're concentrating on how to close the gap with regional banking peers.

Federal Reserve Gov. Michelle Bowman said a lack of banking experience among regulatory officials has led to unintended consequences. She flagged mergers, fintech partnerships and liquidity proposals as prime examples.

After cutting rates 50 basis points in September, the Federal Open Market Committee meets after Election Day to determine monetary policy. Gary Pzegeo, head of fixed income at CIBC Private Wealth U.S., provides his take on the latest move.

Antitrust enforcers are preparing to accuse the payments giant of taking steps to keep rivals from challenging its dominance in the debit card market, according to people familiar with the matter.

Dmuchowski, CFO at First Horizon, got her start in the industry more than 20 years ago at Deutsche Bank.

As the global head of the industrials group, Hackley oversees a large chunk of the bank's $2.41 trillion in assets. 

The Citi CEO has been focused on revamping the $2.4 trillion-asset megabank and is making progress on streamlining management layers and making investments in risk management.

In January, Lake became full CEO of the consumer and community banking division. She is focused on growing the bank's customer base while keeping them digitally engaged and deepening their experiences with additional products and services.

The former co-CEO of the consumer and community banking division, Piepszak was named co-CEO of the newly formed commercial and investment bank in January.

In early May, Kedia was promoted to president of U.S. Bancorp. She was previously vice chair, wealth, corporate, commercial and institutional banking at U.S. Bank.

As president of retail banking, O'Neill said she is focused on putting clients on a path to financial health, delivering "a great experience" and transforming the business while applying technology in support of those objectives. 

Friedman, general counsel for the bank, plans to have the company's entire legal department equipped with artificial intelligence by year end.

Danella took the leadership role for the Birmingham, Alabama, company's consumer banking in 2022 after leading consumer bank product design, pricing and marketing.

 Johannson led the successful integration of one of the largest U.S. banking acquisitions last year with the acquisition of Bank of the West.

Stewart took over as head of commercial banking three years ago as the country was coming out of the pandemic and several of the people on the commercial bank's leadership team were getting ready to retire.

As global chief information officer, Beer is responsible for the bank's global technology systems and infrastructure and manages a $17 billion budget. She oversees more than 63,000 technologists and has 18 direct reports.

Kerrins is leading efforts to simplify the technology used at the $1.9 trillion-asset Wells Fargo, including an investment in four new data centers.