The Latest from Women in Banking

Discovery Federal Credit Union in Wyomissing has promoted its chief information officer, Michele Smith, to succeed Edwin Williams as CEO. Smith assumed her new role effective October 1.

Yie-Hsin Hung will join State Street Global Advisors in December, succeeding Cyrus Taraporevala, who has been CEO since 2016. The hiring comes as the Boston-based custody bank continues to await regulatory approval for its acquisition of Brown Brothers Harriman's investor services division.

Europe's biggest banks are falling behind on their promises to promote more women, at least when measured by the very top jobs. 

After naming a new CEO in March, the San Francisco bank has filled the second of two leadership voids created by executive resignations at the start of the year.

Dermot McDonogh will be the custody bank's chief financial officer, as incoming CEO Robin Vince starts making his mark. The two each spent more than two decades at Goldman Sachs.

Hafize Gaye Erkan, whose surprise departure from First Republic Bank disrupted the lender’s succession plans earlier this year, will become chief executive officer of Greystone as the closely held commercial-property lender expands into wealth management and private banking.

Mary McNiff, who was in charge of corporate compliance functions until last month, will now serve as chief operating officer of Citigroup's institutional clients group. She will report to Paco Ybarra, CEO of the division.

Banks, fintechs, and financial institutions may have stepped up their diversity and inclusion efforts, but these industries still have a retention problem. What are the issues at play and what can be done to keep executive women in the C-Suite?

The Pittsburgh company is adjusting the structure of a unit that has a national reach following the acquisition of most of BBVA’s U.S. operations. PNC has also named Jennifer Lee as the private bank’s head of U.S. markets.

Amy Bonitatibus will succeed Barri Rafferty, who left the San Francisco bank in early May.