Card Briefs: N.J.'s Valley National Promotes Card Chief

Peter John Southway of Valley National Bancorp has been promoted to executive vice president from senior vice president.

Mr. Southway, 39, had been overseeing the bank's consumer lending operations. His new responsibilities include the regional bank's marketing, sales, training, and community reinvestment efforts.

Valley National, with $4.6 billion of assets, is known for its affinity credit card programs.

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