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Executive Moves: Who hired whom this week

NJBIZ - ‎vor 3 Stunden‎
Jeffrey Wichman was promoted to senior vice president and credit manager based. He joined Lakeland in 2013 as vice president and commercial real estate loan officer for the Bernardsville Commercial Lending Team. Before joining the bank, Wichman was ...

Briefly in business

Denton Record Chronicle - ‎vor 10 Stunden‎
Edgar, who is currently CEO at Wesley Woodlawn Hospital in Wichita, Kansas, will be Denton Regional's new president and chief executive officer. He will take over for Caleb O'Rear, who left the hospital July 8. Edgar worked at Wesley Woodlawn for four ...

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The Globe and Mail - ‎29.07.2016‎
A stagnant economy has bankrupted thousands of businesses, leaving the banks with a pile of bad loans equal to 18 per cent of the country's GDP.


VietNamNet Bridge - ‎vor 2 Stunden‎
Vingroup has submitted proposals for an upscale mixed commercial and residential use real estate development in Dong Hoi City, according to the Quang Binh Province department of Planning and Investment.

Big Banks Turn Silicon Valley Competition Into Profit

Bloomberg - ‎29.07.2016‎
Internet ventures pitching loans to cash-strapped consumers, small businesses and home buyers, for instance, have posted spectacular growth in recent years.

SHARPE JAMES goes at NORCROSS -- NJ STUDENT LOAN obscures help -- MORAN defends BOOKER's record

Politico - ‎29.07.2016‎
HAPPY BIRTHDAY: Bergen County Public Information Officer Michael Pagan, Catholic Business Network of South Jersey founder Jeff Morris.

Former Irish Bankers Go to Prison After Longest Trial

Bloomberg - ‎29.07.2016‎
Three former senior Irish bankers were sentenced to a total of more than eight years in prison in Dublin after being convicted of conspiring to defraud customers and investors during the financial crisis.

A Week In Business – July 29, 2016

The Dispatch - ‎28.07.2016‎
... has served as the Senior Vice President, Commercial Loan Sales Manager with PNC (formerly Mercantile Peninsula Bank), Senior Vice President and Business Services Officer with BB&T and most recently Maryland President and Chief Lending Officer of ...

Lipschultz, Ostrover Raise $1 Billion With Soros, Dell Backing

Bloomberg - ‎28.07.2016‎
Owl Rock Capital Partners, the firm started by former KKR & Co. energy head Marc Lipschultz and ex-Blackstone Group LP credit executive Doug Ostrover, raised almost $1 billion to provide direct loans to companies. Owl Rock's lending vehicle, a business ...

Hampton Roads Bankshares, Inc. and Xenith Bankshares, Inc. Announce Completion of Merger

GlobeNewswire (press release) - ‎29.07.2016‎
The combined company's management team includes members of senior management from each company, with T. Gaylon Layfield, III as Chief Executive Officer, Donna W. Richards as President & Chief Operating Officer, Thomas W. Osgood as Executive Vice ...

Five Star Bank Names Vito Caraccio Senior Vice President, Director Of Business Banking

GlobeNewswire (press release) - ‎29.07.2016‎
Prior to joining Five Star Bank, Mr. Caraccio served First Niagara Financial Group as Senior Vice President, Corporate Banking Team Leader in Rochester, N.Y.

Wide-open field of Missouri candidates running for trio of statewide offices

Kansas City Star - ‎28.07.2016‎
Missouri's high-profile, and expensive, campaigns for governor and attorney general are getting the lion's share of attention in the run-up to Tuesday's primary election.

Kenyan Lawmakers Approve Legislation Capping Lending Rates

Bloomberg - ‎27.07.2016‎
Kenyan members of parliament passed a bill limiting how much interest commercial banks can charge on loans, the last step before a final vote that will take place on Thursday intended to force down credit costs in East Africa's biggest economy.

WHO'S NEWS: Two join team at Colliers, Fred Smith joins NGKF as vice chairman

Real Estate Weekly - ‎28.07.2016‎
For Colliers, the addition of Jadoo and Schlussel marks the continued strategic growth of the global commercial real estate services firm's New Jersey team.

Ginnie Mae Spent MILLIONS On A PR Campaign For Its Leaders

Daily Caller - ‎27.07.2016‎
... public relations and advertising costs.” The IG said the public image of top people wasn't even relevant since Ginnie Mae doesn't do business with the public, saying “Ginnie Mae guarantees mortgage-backed securities of government-insured loans ...

Fair lending keeps morphing

Banking Exchange - ‎27.07.2016‎
Bedsole, senior vice-president and chief compliance and risk officer at BankSouth, pointed out that CRA's intent is to be sure banks are meeting the credit needs of their assessment areas.

OceanFirst Financial's (OCFC) CEO Christopher Maher on Q2 2016 Results - Earnings Call Transcript

Seeking Alpha - ‎29.07.2016‎
I am Jill Hewitt, Senior Vice President and Investor Relations Officer at OceanFirst Financial Corp. We will begin ... As part of our discussion this morning, I'll ask Joe Lebel to provide some comments regarding conditions in the commercial lending ...

Tetragon Financial Group Limited ("TFG") Half Yearly Report for Period Ended 30 June 2016

MarketWatch - ‎28.07.2016‎
The company's investment portfolio comprises a broad range of assets, including a diversified alternative asset management business, TFG Asset Management, and covers bank loans, real estate, equities, credit, convertible bonds and infrastructure. This ...

Shawn Gregory Joins the First Bank of Greenwich Lending Team

Greenwich Free Press - ‎27.07.2016‎
The First Bank of Greenwich welcomes Shawn L Gregory as Vice President, Senior Commercial Lending Officer. Shawn comes to the bank with 30 ... Shawn's expertise includes loan structuring, relationship building, new business development, portfolio ...

Challenges and opportunities of the unbanked and under-banked

Open Democracy - ‎28.07.2016‎
And then there's those who have no access to services over and above the transactional, such as an overdraft facility, so supplement their mainstream banking facilities with alternative services, such as payday loans and other forms of credit ...