Content classifications

Promontory MortgagePath fills management roles for bank relations, technology and outsourced services opportunities.

Year to date through Mar. 31, 2018. Dollars in thousands.

Year to date through Mar. 31, 2018. Dollars in thousands.

Venu Krishnamurthy is joining the asset management giant at a time when it is reorganizing itself and tinkering with product offerings to ward off fintechs and other challengers.

Lisa Frazier, an adviser to banks and startups, will succeed Steve Ellis, who is stepping down after more than three decades with the company.

Year to date through Dec. 31, 2017. Dollars in thousands.

The Iowa company said that Bruce Lee will take over its top post next month.

Robert Witty started at the Ithaca, N.Y.-based credit union in 1969, working his way up to CEO in 1984. He retired in 2010.

Barclays hired Adam Kelleher from BuzzFeed to build a new global team of data scientists to support the company's research department.

The former Citigroup CEO is investing $100 million in Fair Square Financial, a midmarket card issuer; the exit leaves one executive atop the bank’s securities division.

Eric Itambo will become chief banking officer of CoBank, where he will oversee all lending operations.

The bank’s head of global capital markets is joining a private equity firm; Jefferies mortgage bond trader is freed from prison.

Though the prospects for these small banks look good in 2018, they also face serious challenges, particularly in the competition for low-cost deposits against the more digitally savvy megabanks.

The firm will pay $110 million to settle charges it didn’t control traders; hedge fund executive says he was wrongfully accused of sexual misconduct.

Live Oak Bancshares wants its next bank president to “step on the gas” as it accelerates growth into new industries.

The high-profile hiring of Huntley Garriott comes a year after the North Carolina company had brought on a veteran banker to run the unit.

Tim Russi played a key role in the company’s transition away from its once-close relationship on General Motors. He will be succeeded by Doug Timmerman, a 32-year Ally veteran.

Matt Zames, the former JPMorgan Chase executive who had been seen as a candidate for Deutsche Bank's top job, was named president of the investment firm Cerberus Capital Management.

Several states have created their own operations aimed at shoring up what they see as oversight holes created by the CFPB; JPMorgan CEO’s annual letter (47 pages, this one) runs the gamut.

No reason was given for his exit by the Silicon Valley lender, which named another prominent economist, Susan Athey of Stanford, to its board of directors.