Bank Leumi Trust Co. of New York promoted first vice president Joseph
He had been in charge of the owned real estate portfolio for five years.
Earlier Mr. Sciarillo was a vice president and credit officer in the
Park National Corp's $317 million, all-stock deal for First Citizens Bancshares would give the buyer a presence in markets that are expected to grow faster than its legacy Ohio footprint.
FirstSun Capital Bancorp plans to buy First Foundation in an effort to accelerate its Southern California growth. The $785 million transaction follows FirstSun's failed takeover of Seattle-based HomeStreet.
The acquisition of the prime-focused U.S. fintech is expected to boost Barclays' return on tangible equity and digital capabilities starting in 2027.
The payment company launched new tools for merchants and entered artificial intelligence collaborations with OpenAI and Mastercard ahead of the company's second quarter earnings, which beat analyst expectations.
A proposal from the Office of the Comptroller of the Currency would roll back Biden-era recovery planning rules for banks between $100 billion and $250 billion in assets, leaving those banks with broad discretion to determine their own recovery protocols.
Capital One, PNC, Truist and, U.S. Bancorp are urging regulators to cut duplicative calculations and align U.S. rules with global standards, a longstanding preference for banks but one that will likely find a warm reception from a deregulation-focused Trump administration.
