The credit union promoted Shelly Mellenberger, a senior vice president, to be its new president and CEO. She replaces Dan Wollin, who will retire on April 2.

Longtime Citi M&A exec ran for NYC mayor after leaving the bank.

René Jones explained to shareholders how breakdowns occurred following the bank's acquisition of People's United Financial. An analyst called the remarks a "big mea culpa."

JPMorgan Chase is suing the former executive to hold him responsible for any damages stemming from lawsuits accusing the bank of facilitating Jeffrey Epstein's sex-trafficking.

PayPal said Chief Financial Officer Blake Jorgensen will step down following a leave of absence for health reasons, amid a shuffle of upper management at the online-payments platform.

In an effort to save the troubled crypto-friendly bank, one possible option involves lining up crypto-industry investors to help Silvergate shore up its liquidity.

The expansion stands in contrast to the recent culling across Wall Street as firms look to streamline headcount to keep expenses in check.

Goolsbee's history of supporting Democratic policies and criticizing Republican ones on TV and radio talk shows, is raising concerns that the central bank is becoming increasingly politicized.

He was chief executive officer and chairman of the bank, then known as BankAmerica Corp., from 1990 until his retirement in 1996. 

A 53-year low unemployment rate is giving financial workers more power to retain hybrid work agreements.

Carmichael held the position for less than a year after stepping down as chief in July. The Cincinnati bank plans to elect a new executive chair at its annual shareholder meeting in April.

The payments giant told investors it would use the money from its latest round of fundraising to cover the tax bill.

UBS Group raised Chief Executive Officer Ralph Hamers's total compensation to 12.2 million Swiss francs ($13 million) for his second full year in the job, even as bonuses for the rest of the firm were cut in a challenging period for dealmaking.

Robert Hill Jr., who had been CEO of the company before it merged with CenterState Bank in 2020, will resign in April. The company says it's replacing his position with a nonexecutive chairman "as part of a broader, ongoing effort to enhance the independence of the company's board."

Joe Montesano, a key player in Goldman Sachs's ascent to the industry's No. 1 rank in equities for two straight years, is said to have told the firm he is stepping down as head of equities trading for the Americas.

The regional firm said it had won out over other candidates to provide investment program support to roughly 100 Comerica financial advisors.

SeaComm Federal Credit Union of Massena, New York, and St. Lawrence Federal Credit Union of Ogdensburg, New York, are planning to merge by the end of the year.

The new management layer would be senior to the bank's managing directors, executives told employees at an off-site.

More than 90% of appraisers are white, and researchers have found that bias leads to lower valuations for homeowners of color. A Flagstar executive said the mortgage-focused bank is "not just going to sit on the sidelines and watch this happen."

A new breed of high-octane stock options has traders, analysts and others in the markets concerned.