MetLife Investors Distribution Co. has tapped a former Fidelity Investments executive to lead its bank channel sales team, the company said on Wednesday.
Myrna F. Solomon is to report to Paul Sylvester, who oversees annuity and long-term-care insurance sales for the New York insurer.
At Fidelity Ms. Solomon was most recently responsible for a national program distributed through Fidelity Investors Centers working with registered investment advisers.
Large language models, bespoke hardware and embedded AI are attracting banks' tech dollars, experts say.
Richard Fairbank will receive the restricted stock units in recognition of his work related to the integration of Discover into Capital One, the company disclosed.
The National Conference of State Legislatures asked that leading lawmakers strike a provision in the Senate stablecoin bill that they say would preempt state authority to bar state-chartered special purpose depository institutions from operating in their state.
Some Wall Street investors are beginning to doubt whether the harshest outcomes of President Trump's tariff threats will materialize. But in the absence of certainty, banks still face real challenges in M&A and long-term strategy.
Main Street Financial's ouster of James VanSickle came three months after its chairman characterized the company's financial performance as being "on the upswing."
