C-suite

Net interest income, the firm’s biggest source of revenue, sank 16% last year.

Strong 2020 returns have given a boost to the Swiss bank's new CEO, Ralph Hamers, whose start has been overshadowed by a Dutch probe into his role in a money laundering scandal at his former employer.

Morgan Stanley Chief Executive Officer James Gorman leaped past JPMorgan Chase’s Jamie Dimon as the best-paid CEO of a major U.S. bank.

Firms are bracing for tougher times in Washington, where Democrats skeptical of large financial-industry paychecks are ascendant.

The investment plays on a trend, “which is the blurring of the distinction between traditional insurance products and wealth management products.”

The firm’s chief executive began setting the stage last year when he broke the company’s three business lines into five.

Jon Stein was a pioneer of the robo advice industry, building a $25 billion firm over the past decade.

The firm has sought to broaden the range of clients it targets with its wealth-advisory services.

For its next leader, Ohio National turned to a veteran executive with prior experience leading its independent broker-dealer.

“Financial advisors typically don’t speak athletes’ language, so athletes and entertainers gravitate toward those people who do,” said former Chicago Bears defensive end Adewale Ogunleye.

In a surprise announcement, Private Advisor Group tapped Moore as CEO nearly two years after he left Cetera for undisclosed medical reasons.

A former chief information officer of PR firm Cision will take over as CTO following Scott Grinis’s retirement.

It’s at least the second time in just a few weeks that the firm has sought to limit the expense of rewarding well-paid employees.

The daughter of a privileged family had everything, until she didn’t. Then the work began.

BNY Mellon’s CEO also sees a distribution opportunity for the company’s proprietary funds.

Director tenures, nominations and committees are changing after an independent task force identified weaknesses.

The bank also created a new consumer and wealth-management division co-led by Stephanie Cohen, one of the firm’s most-senior female bankers.

“I would not be doing my job as somebody that is totally committed to making our Americas’ business a top competitive business for Julius Baer if I wasn’t seriously looking at a U.S. platform,” said Beatriz Sanchez, the bank’s head of the Americas.

The executive who helped guide Goldman Sachs’ embrace of Main Street is giving up his post in a management shuffle at the consumer unit.

As Wells Fargo CEO Charles Scharf himself admitted, it’s an excuse — and a weak one.