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Pilot Bank in Tampa, Fla., has recruited Rita Lowman, the chief operating officer of C1 Bank in St. Petersburg, Fla., to be its COO.

Angel Medina has been promoted to chief executive at Gibraltar Private Bank and Trust in Coral Gables, Fla.

CIT Group in Livingston, N.J., has named HSBC executive Stuart Alderoty as its new general counsel.

For First Foundation, the government-backed program should help address a recent CRA exam's criticism that it has "poor penetration among businesses of different revenue sizes."

Regions Financial in Birmingham, Ala., has lowered its forecast for annual loan growth, citing weak demand for commercial loans.

CUs announce new hires and promotions including loan operations supervisor, vice president and controller, and other credit union professionals in the news.

Banks will report quarterly results in about a month, and big-bank chiefs cautioned that lending is sluggish because businesses have little desire to take on more debt amid economic and political uncertainty.

Raul G. Valdes-Fauli, president and chief executive of Professional Bank in Coral Gables, Fla., has died.

WASHINGTON – Dennis Lockhart, president of the Federal Reserve Bank of Atlanta, has announced his resignation, effective Feb. 28, 2017.

Camden National in Camden, Maine, is uniting its trust and bank units to form a wealth management division.

Hilltop Holdings in Dallas has promoted Alan White to share the chief executive role with Jeremy Ford.

New credit card accounts at JPMorgan Chase have grown by double digits thanks partly to its embrace of borrowers with lower FICO scores, but it sought to reassure investors that credit quality has suffered only slightly.

BankUnited in Miami Lakes, Fla., has named Citigroup technology veteran Julio Jogaib as its chief information officer.

Cambridge Bancorp in Massachusetts has recruited two finance executives to spearhead its new asset-based lending practice.

Lending Club, which has been rebuilding its executive ranks in the wake of a recent scandal, is hiring Thomas Casey as its chief financial officer.

While troubling factors such as higher risk profiles may be behind the recent lending boom, the industry could also just be returning to the historical average for loan growth following the "Great Panic" of 2008-2010.

NAFCU beefs up its regulatory affairs team with three new hires and more CU professionals in the news.

The revelation Thursday that Wells Fargo employees were opening accounts for customers without their consent is sparking doubt about the accuracy of the reported growth in the credit card business. The scandal also casts in a harsh new light on Wells’ strategy of building a large credit card operation through its branch network.

F.N.B. Corp. in Pittsburgh has recruited an executive from the recently sold FirstMerit Bank to spearhead its data-security efforts.

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