Practice management

The change, one among several at the firm's top, follows on a year that executives have deemed one of the firm's most difficult in decades.

Banks in the hurricane's path are focused on finding employees and restarting operations. Those that do business in Western North Carolina are facing an especially grueling recovery.

After the bank's 2014 spinoff from Royal Bank of Scotland, its executives worked to shore up weaknesses. Now they're concentrating on how to close the gap with regional banking peers.

Bharat Masrani, who's been at the Toronto-based bank's helm for a decade, will be succeeded by fellow TD executive Raymond Chun. One big question now is whether an insider or outsider would be better positioned to navigate the company through its AML troubles.

Deposits rose by an average of 14% at each branch in counties where banks advertised on TV, a new academic paper finds. The results line up with the view of bank marketers that television remains essential even as digital options flourish.

Donald Felix, who has previously worked at JPMorgan Chase and Citi, will become Carver's president and CEO on Nov. 1. He succeeds interim CEO Craig MacKay, who's been running the unprofitable bank for the past year.

As the 68-year-old CEO focuses on succession planning, here's a look at some of the longtime JPMorgan executives who could succeed him.

Executives at the super-regional bank told investors that years of investments are poised to start paying off in rising profits, but the market seemed skeptical about the company's plan forward.