(This Feb 24 story corrects second paragraph to state the Entrepreneurs of Color fund is expanding to new cities)

JPMorgan Chase & Co's Chief Executive Officer of the Chase Consumer Banking division Thasunda Brown Duckett is leaving America's largest bank to become the head of the retirement provider and financial services firm TIAA, according to announcements by both companies on Thursday.

Standard Chartered PLC on Thursday restored its dividend and reaffirmed its long-term profit goals, in a show of confidence about its ability to recover from the impact of the COVID-19 pandemic even as its annual profit more than halved.

Lloyds Banking Group's outgoing Chief Executive António Horta-Osório set out fresh targets to expand the lender's insurance and wealth business and further cut costs, as the bank resumed a dividend despite a sharp fall in profits for 2020.

HSBC and Barclays, which have pledged to stop financing new coal projects, have been challenged by a legal group over a Japanese bond it says will contribute to the financing of coal-fired power in Vietnam.

Spain's BBVA is considering cutting around 3,000 jobs in its home market, or around 10% of its staff there, to adapt to the rise in online banking, newspaper Expansion reported on Wednesday, citing sources with knowledge of the matter.

Wells Fargo & Co said on Tuesday it had agreed to sell its asset management business, which manages more than $603 billion on behalf of customers, to private equity firms GTCR LLC and Reverence Capital Partners for $2.1 billion.

Bank of America (BofA) Global Research lifted its forecast for Brent crude oil prices for this year citing tighter supplies due to the Texas freeze and OPEC+ output curbs and unmatched global monetary stimulus, it said in a note dated Monday.

HSBC Holdings PLC lowered its long-term profitability target on Tuesday and unveiled a revised strategy focused mainly on wealth management in Asia after the COVID-19 shock saw its annual profit drop sharply.

HSBC plans to nearly halve its office space globally over the long term as part of a cost-cutting drive set out on Tuesday, in a further sign the pandemic could mean permanent changes to working patterns.