The Most Powerful Women in Banking

TCF Financial in Wayzata, Minn., has hired R. Patricia Kelly as its managing director of commercial banking. Kelly joins the $20 billion-asset company from Chicago Corp., where she oversaw the investment bank's financial institutions and real estate units.

Great news: Women snagged a handful of C-level titles at big companies this week, including Ellen Alemany, Kim Hammonds and Heather Cox, and Square stands out in Silicon Valley with a leadership team that's 60% women. Bad news: the gender pay gap is growing and there are only two women among Harvard's picks for the top 100 CEOs globally. Also in the news: Blackrock's Cheryl Mills, B of A's Cathy Bessant and ICICI's Chanda Kochhar.

CIT also plans to sell peripheral businesses to simplify its structure, less than three months after the close of its $3.4 billion deal for OneWest Bank.

Regions Financial in Birmingham, Ala., said its longtime head of operations and technology, Cindy Rogers, will retire at the end of the year.

Foundation Bancorp in Bellevue, Wash., is searching for a new chief executive. The company said in a press release Tuesday that Diane Dewbrey resigned a day earlier "to pursue other interests."