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Wells Fargo is making an exception to its retirement policy for its longtime general counsel, who plans to remain with the company indefinitely to deal with the fallout of the fake-accounts scandal.

Bank of New York Mellon has named two women executives from the energy and technology sectors to its board.

Municipal CU in New York announces a bevy of promotions and more credit union professionals in the news.

Needham Bank in Massachusetts has hired a banking veteran as its next chief executive.

TriCo Bancshares in Chico, Calif., has hired a Wintrust Financial executive as its chief operating officer.

Anthony Labozzetta, CEO of Sussex Bancorp in New Jersey, isn't afraid of change. His unusual approach to banking helped Sussex emerge from the financial crisis with momentum. Now he's building a branch model that could serve as a blueprint for growth-minded banks.

CIT Group in Livingston, N.J., has promoted Steve Solk to president of consumer banking in California.

TruStone’s Bosiacki named CEO of the Month and other CU professionals in the news.

Post-crisis regulations were not only costly but may have undermined executive accountability by turning CEOs into compliance managers instead of drivers of business decisions.

CAN Capital said Tuesday that CEO Daniel DeMeo has been placed on a leave of absence. Parris Sanz, the company's chief legal officer, is now serving as acting CEO.

Opus Bank in Irvine, Calif., has hired a veteran risk manager to structure senior debt for commercial and specialty banking.

Glen Burnie Bancorp in Maryland has announced an executive departure for the second time in three months.

The Federal Deposit Insurance Corp.'s third-quarter earnings report was stacked with good news: record earnings and lending, fewer troubled loans and higher interest and noninterest income. Yet there was one statistic that is likely to fuel more calls for help from Washington.

Bank of New York Mellon has created a dedicated innovation group for launching new technologies in its treasury services unit.

Debby Hopkins, chief innovation officer at Citigroup and chief executive of Citi Ventures, the bank's venture capital investment arm, is set to retire at the end of the year.

Trina Hoff, EVP at Duluth, Minn.-based Northern Communities CU, has been announced as the next CEO at the $72 million-asset credit union, succeeding Larry Champeaux, who is set to retire on Dec. 2.

The largest shareholder at HopFed Bancorp in Hopkinsville, Ky., is calling on the company's president and chief executive to resign.

Credit unions are anxiously waiting to see who President-elect Donald Trump will pick as the next Treasury secretary. Several prominent names from the for-profit banking industry have been floated for the job, though with every passing day, a new possible choice seems to pop up. Here is a look at the current crop of candidates and their chances.

Citizens Building and Loan in Greer, S.C., will have a new president and chief executive next year.

First Tech FCU tapped its industry and vendor contacts – as well as its employees and members – to raise more than $1 million for CU4Kids.