MIDWEST
FirstMerit Corp., Akron, Ohio, hired Albert Barnabei, Phillip S.
Mr. Barnabei, a trust officer, had been a vice president in the employee
FirstMerit also promoted community banking managers Wendy Bolas and
In the third quarter, America's second-largest bank surpassed Wall Street's forecasts for net income, revenue and earnings per share.
The Pittsburgh-based bank's solid third quarter comes weeks after it announced it plans to acquire a Colorado bank for $4.1 billion.
Bridge will join a number of digital asset firms vying for the coveted charter, seizing on the crypto-friendly environment in the second Trump term.
Treasury laid off all of its Community Development Financial Institution Fund staff on Friday, with the reduction in force notices saying that the department plans on abolishing the fund.
After a quarter in which Goldman Sachs beat Wall Street's expectations, CEO David Solomon said he was seeing a "meaningful improvement" in the macroeconomic environment.
The San Francisco-based banking giant reported a 9% annual jump in quarterly profits. It also made official its appointment of CEO Charlie Scharf as chairman.
