The June 11 Washington People column mistakenly reported gifts to the Republican Party as donations to a Presidential Gala dinner. Don Powell, the Texas banker President Bush has nominated to be Federal Deposit Insurance Corp. chairman, and John Chalsty, former chairman of Credit Suisse First Boston and now a senior adviser to it, each agreed to raise $100,000 as deputy chairmen of the dinner. Citigroup lobbyist Roger Levy agreed to raise $50,000. AFLAC agreed to donate $250,000 to be listed as a vice chairman, and Capital One raised $50,000.
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Former Silicon Valley Bank exec Floyd Kessler joins Comerica as executive vice president and chief business control officer; Melissa Holding succeeds Michael Robinson as head of wealth management at Huntington; Goldman Sachs' Alexander Mayer is set to take on a senior position at JPMorgan Chase; and more in this week's banking news roundup.
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In this week's edition of the American Banker news quiz, test your knowledge on Colorado banking legislation, the failure of Republic First Bancorp, acquisitions and more.
7h ago -
Banks maintain lists of consulting firms that they trust to help troubled commercial borrowers to fix their businesses. These specialists say they're getting more calls, especially in areas such as multifamily and CRE, from business owners who need help.
May 2 -
Nearly 15 years ago, Les Lieberman and other organizers of Porticoes Capital used a shelf charter to buy a spate of failed banks. Now they're hoping to replay the strategy.
May 2 -
The financial services company has found that engineers report higher satisfaction and save time when using a copilot to assist with coding.
May 2 -
The embedded banking services Amazon offers to third-party sellers come from the hidden hand of JPMorgan Chase's corporate payments arm, which markets its services to e-commerce platforms on a white-label basis.
May 2