Hilltop Holdings in Dallas has appointed a KeyCorp executive as chief financial officer.
The $13.1 billion-asset parent company of PlainsCapital Bank named William Furr CFO, effective Sept. 1. Hilltop Holdings' principal financial officer, Darren Parmenter, will assume a new role as chief administrative officer in September.
Hilltop does not currently have a CFO. John Martin is chief financial officer of PlainsCapital Corp., the holding company for PlainsCapital Bank, according to the company's proxy. Eddie Ricks is CFO of PlainsCapital Bank.
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Hilltop Holdings in Dallas has rebranded its securities unit as it prepared to combine two broker-dealer businesses it picked up from a recent acquisition.
November 13 -
Hilltop Holdings in Dallas has disclosed that its mortgage unit is under federal investigation in connection with underwriting practices for loans backed by the Federal Housing Administration.
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The $101 billion-asset Key said in a press release Friday that it had finalized the $4.1 billion purchase of the $40 billion-asset First Niagara.
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At Hilltop, Furr will be responsible for all four of the company's business segments — PlainsCapital Bank, the PrimeLending residential mortgage subsidiary, Hilltop Securities brokerage services and National Lloyds insurance.
Furr was previously CFO of the community bank group at the $99 billion-asset KeyCorp in Cleveland. Furr also previously worked for Regions Financial and Bank of America.