The Week in People: Curses, Cars and Competition
May 4, 2012 11:00 AM
Move Over, Billy Goat
Ed Wehmer, the chief executive of Wintrust Financial, sought to reassure analysts — and perhaps himself — that the Chicago company's ad campaign at Wrigley Field is no jinx on the Cubs .
Is that MPH, or Basis Points?
C1 Bank in Tampa will give a Mercedes to customers who buy a $1 million, five-year CD. (Image: Bloomberg News)
Dimon Vs. Government, Episode XVI
"We keep shooting ourselves in the foot," the JPMorgan Chase chief executive said in criticizing policymakers during an address at the University of Rochester. (Image: Bloomberg News)
Banks' Exposure on Rising Pay
Banks that guarantee paydays ought to beware of a political and regulatory backlash , warned Ken Feinberg, who oversaw executive pay for the Troubled Asset Relief Program. (Image: Michael Chu)
Raiding the Competition
M&T has hired four executives away from Wells Fargo Private Bank to pump up its wealth management business in Washington, D.C., and Richmond, Va. (Image: ThinkStock)
Second Act
Customers Bancorp, led by ex-Sovereign Bank chief Jay Sidhu, this week set the pricing for its initial public offering . (Image: Debbie Fogel)
Make That Two Second Acts
Orrstown Financial Services (ORRF) approved Floyd Stoner, a former chief lobbyist of the American Bankers Association, as a director of the Shippensburg, Pa., community banking company.
On the Move ... Again
Anthony Renzi is reportedly leaving Freddie Mac after one year to take a senior mortgage job with Citigroup (NYSE: C).
Power to the People
Banks must have diverse work forces in order to connect with customers, George Ramirez of Union Bank says.
Cruising Into Orange County
The Private Bank of California is opening a new office in affluent Orange County and has hired three local bankers to drum up business there. (Image: ThinkStock)
