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Asked during Friday's earnings call if he'd be interested in running the embattled bank, William Demchak said he will end his career at PNC. He also ruled out M&A.
April 12 -
Bank's profits grow 5% on earnings growth; Citi's number 2 exec retirement shows the difficulty retaining a host of top executives.
April 12 -
Jamie Forese, long considered the potential successor to Citigroup Chief Executive Officer Michael Corbat, is departing after 34 years at the firm.
April 11 -
Tanya Hobson will take over for Mechelle Johnson, who will step down in June after 24 years at the helm of the South Dakota-based institution.
April 10 -
The resignation of Wells Fargo CEO Tim Sloan represented more troubles for an already scandal-ridden financial institution.
April 9 -
Credit unions have promoted and hired employees in a variety of areas, including membership experience and operations, marketing, real estate lending and collections.
April 9 -
The companies had planned to make Chemical CEO David Provost the new leader before October's market gyrations led them to break off talks. When they revisited the deal, several things changed — including Provost's role.
April 8 -
Hood was recently confirmed to the board after having previously served with the regulator from 2005 to 2010. He takes over for Mark McWatters, who often generated controversy.
April 8 -
Since Wells Fargo’s phony-accounts scandal broke in 2016, the bank has appeared contrite in public. In private, it’s a different story.
April 7 -
Mark Fierro, who was previously the CUSO's chief operations officer, was named as interim CEO late last year.
April 5 -
Bonnie Lee will succeed C.G. Kum, who is retiring as CEO next month.
April 3 -
Firm “hopes to crowdsource new uses for” its pricing and analysis system; the system could be put on a device and used anywhere to cut down on fraud.
April 3 -
A number of entities within the credit union industry have elected new directors, in addition to announcing other staffing changes.
April 2 -
Mendell Thompson, who has led the California-based institution for 33 years, will leave in March 2020.
April 2 -
David Woodruff was the head of Zia Credit Union in Los Alamos, N.M., before taking the job with APL.
April 2 -
Joe Christian, executive vice president of operations, will take the helm at Albuquerque-based Nusenda Credit Union after CEO Terry Laudick stepped down.
April 1 -
The flagship division is on course to miss next year’s financial projections; Investors may be using SOFR swaps as a hedge against expected volatility.
April 1 -
The chairwoman of the House Financial Services Committee said Tim Sloan's resignation as CEO was "long overdue" but that other executives and directors should be removed as well.
March 29 -
Nathan Saller was tapped to replace President and CEO Michael L’Ecuyer, who is set to retire Oct. 1.
March 29 -
The bank said it will look outside the company for a replacement; HUD alleges the social media giant allowed real estate firms to target groups in their advertising.
March 29

















