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Big banks are ceding more of the consumer market to small banks, says John Romano, the new No. 2 executive at Amalgamated Bank in New York.
February 14 -
The $3.8 billion-asset bank said Wednesday that Robert O'Brien had previously worked at Landesbank Baden-Württemberg, where he led the German bank's public finance group.
January 16 -
Presidential inauguration planners have named Amalgamated Bank in New York as their go-to financial institution.
January 15
Amalgamated Bank in New York as hired a veteran banker as its chief financial officer.
William Houlihan, a former CFO for Hudson United Bank in Mahwah, N.J., will become the top financial officer at the $3.7 billion-asset Amalgamated, the company said Wednesday. He has also held senior posts at Metris, a credit card issuer, and Sedgwick, a manager of health care claims.
Houlihan "has a proven track record as a CFO and investment banker throughout his distinguished career," Edward Grebow, Amalgamated's chief executive, said in a press release.
The appointment comes amid efforts by Amalgamated to expand its executive team. In February, the union-owned bank
An Amalgamated spokesman did not respond immediately to a request for comment on whom Houlihan succeeds.