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Robert Hill Jr., who had been CEO of the company before it merged with CenterState Bank in 2020, will resign in April. The company says it's replacing his position with a nonexecutive chairman "as part of a broader, ongoing effort to enhance the independence of the company's board."
March 6
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Joe Montesano, a key player in Goldman Sachs's ascent to the industry's No. 1 rank in equities for two straight years, is said to have told the firm he is stepping down as head of equities trading for the Americas.
March 6
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The generative AI technology has been through a cycle of media buzz, disappointment and disillusionment.
March 6
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The regional firm said it had won out over other candidates to provide investment program support to roughly 100 Comerica financial advisors.
March 6
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Banks, flush with money to lend, will keep upward pressure on inflation in 2023 and perhaps several more years as they lend out their bloated reserve balances.
March 6
Berkeley Research Group -
SeaComm Federal Credit Union of Massena, New York, and St. Lawrence Federal Credit Union of Ogdensburg, New York, are planning to merge by the end of the year.
March 6
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The New York megabank unveiled the most complete accounting to date of its carbon footprint, and pledged to further reduce emissions from various high-emitting industries. Climate activists offered a mix of praise and concern.
March 5
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The new management layer would be senior to the bank's managing directors, executives told employees at an off-site.
March 5
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The move comes after several banking regulators warned financial institutions they supervise of the dangers of exposure to crypto, including volatility.
March 5
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The activist investor is crying foul, claiming the Dallas-based bank harassed one of his board candidates into withdrawing and rejected the nomination of another. The bank says the candidates failed to make full disclosures.
March 3
