People

The White House is considering appointing Elizabeth Warren as interim head of the Consumer Financial Protection Bureau, bypassing a likely Senate confirmation battle, according to sources.

Citigroup has hired a pair of executives from Morgan Stanley to run its U.S. consumer and commercial banking division.

Kenneth M. Donohue, Inspector General for the Department of Housing and Urban Development, is leaving the agency in October after more than eight years of service.

President Obama said on Friday that an announcement of a nominee to head the Consumer Financial Protection Bureau is coming "soon."

With the 2010 elections close at hand, Democrats are at risk of losing their No. 2 lawmaker on the House Financial Services Committee.

The head of the Philadelphia Housing Authority — the nation's fourth-largest such agency — took home more than a quarter of a million dollars last year but still had trouble paying his mortgage.

Gregory Baer, a deputy general counsel at Bank of America Corp., is leaving the Charlotte-based firm to join JPMorgan Chase & Co. as managing director and general counsel in the bank's corporate and global regulatory division.

Jason Gillespie, a senior vice president in the warehouse lending division of Southwest Securities FSB, has left the bank, the second senior official in the unit to depart within the past three weeks.

BDO Seidman has brought on Richard Hauer, a commercial property workout professional, to assist the New York consulting firm's bankruptcy and restructuring professionals on all real estate-related issues.

Neil Kornswiet, an executive and attorney with deep roots in the subprime industry, has been hired by Pacific Mercantile Bancorp, Costa Mesa, to manage its residential mortgage division.