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After more than 38 years in financial services, Huntington Commercial Banking Director Rick Remiker has announced his decision to retire in May.Remiker joined Huntington in 2010 to lead the bank's equipment finance business. He subsequently led specialty banking and in 2014 assumed leadership of the commercial bank. As Commercial Banking Director, Remiker expanded Huntington's asset finance business, led the strategic evolution and growth of Huntington Capital Markets and specialty banking teams Read Story

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March 19, 2020 @ 09:30 AM

Allied Affiliated Funding announced that Kimberly Smotherman has joined the company, serving as the division’s Chief Credit Officer. Smotherman will be responsible for credit risk management and portfolio oversight. “With more than 20 years’ in transportation and over ten years in factoring, focused on underwriting and credit risk management, Kimberly’s knowledge and leadership bring a unique skillset that will give us an even greater advantage as we continue to grow in the marketplace,” said Read Story

March 18, 2020 @ 09:14 AM

The Federal Reserve released a statement assuring America that it is using its full range of authorities to provide powerful support for the flow of credit to American families and businesses."The Federal Reserve is committed to using its full range of tools to support households, businesses, and the U.S. economy overall in this challenging time. The coronavirus pandemic is causing tremendous hardship across the United States and around the world," the agency said. "Our nation's first priority Read Story

Filed Under: Economy
March 23, 2020 @ 09:15 AM

Wells Fargo & Company announced Ellen Patterson will join the company as its Senior Executive Vice President and General Counsel, effective March 23. Reporting to CEO Charlie Scharf, Patterson will be responsible for all legal affairs at the company and will serve on the company’s Operating Committee.“Ellen is a seasoned lawyer with extensive experience in the financial services industry, where she has had responsibilities for managing and advising on global legal and regulatory compliance risks Read Story

March 16, 2020 @ 09:05 AM

Citizens Commercial Banking has hired Don Mastro as head of Asset-Based Lending Portfolio Management.“Don is an experienced banker who delivers value-added ideas and terrific service to our clients and we are very happy to welcome him to the Citizens team,” said Brent Hazzard, head of Citizens’ Transitional Finance and Asset-Based Lending Group. “As a team, we will continue our focus on providing the great ideas and execution capabilities that our clients need for every stage in the life cycle Read Story

March 24, 2020 @ 09:15 AM

2020-03-30 08:48