-
Fifth Third Bancorp (FITB) said a drop in the value of a payments subsidiary, and higher legal costs, led to a 25% year-over-year drop in its quarterly profit.
April 17 -
In a low-growth market, aggressive banks are seeking to grow by poaching top performers from rivals. There are effective ways to keep top talent on board.
June 4 -
The chief financial officer of Huntington Bancshares (HBAN) in Columbus, Ohio, has left to take the same position at KeyCorp (KEY) in Cleveland.
May 23 -
Continuing its expansion in Michigan, Huntington Bancshares (HBAN) in Columbus, Ohio, has agreed to purchase 11 branches in the eastern part of the state from Bank of America (BAC).
April 9
It has named John Augustine the chief investment officer for The Private Client Group, where he will be responsible for the investment strategies and activities for Huntington's fiduciary operations, the bank said Tuesday.
Augustine spent the last 13 years as chief economist and market strategist for Fifth Third Asset Management, a unit of Fifth Third Bancorp (FITB) in Cincinnati. He held a variety of posts there, including serving as a member of Fifth Third's investment policy committee and investment strategy team and as manager of its LifeModel Funds portfolio.
"John has a strong track record of disciplined portfolio management, and he brings an exceptional set of skills and capabilities to drive growth in assets under management," his new boss, Steve Short, the director of The Huntington Trust, said in a press release.
Randy Bateman was the CIO for The Private Client Group and the director of Huntington Asset Advisors. He will remain in the latter job as Huntington separates its investment management group into two parts.
Regional banks like the $60 billion-asset Huntington continue to pluck talent from each other.
Keycorp (KEY) in Cleveland last year
Huntington also added
