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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.

The hiring of Mark Begor comes as the credit bureau has been shuffling its top managers since disclosing last year that hackers were able to access the personal data of 145.5 million U.S. consumers.

While some key indicators dropped in the year ending Dec. 31, 2017, credit unions in many states continue to thrive, with several new states jumping to the head of the pack for various growth measurements.

Roxana Willis was CEO of Battle Creek, Mich.-based School Employees Credit Union from 1991 to 2007. Today the credit union is known as BlueOx CU.

The online lender is hiring Kenneth Brause, a CIT Group executive, to succeed CFO Howard Katzenberg.

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

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

Year to date through Sep. 30, 2017. Dollars in thousands.

William Parsley was most recently PNC's chief investment officer and treasurer and had previously served as head of consumer lending.

Erminia Johannson's promotion is part of an effort by BMO Financial to generate more revenue from its U.S. operations.