Commercial banking

Hilltop and other firms say more recent SEC off-channel communications settlements eliminated "costly and burdensome" requirements that were imposed on them.

"Our job is to take that volatility, figure out what's noise, figure out what's reality, and lean into the opportunities as we see them," said Alex Petrone, director of fixed income at Rockefeller Asset Management.

Huntington has hired Dan Kelly as head of municipal underwriting. The industry veteran will bolster the bank's strategy of pursuing larger transactions.

Daily report for February 10, 2025

Marc Rosenberg is a nationally known consultant, author and speaker on CPA firm management, strategy and partner issues. Managing partner of the Chicago-based consulting firm, Rosenberg Associates, he is founder of the authoritative annual survey of midsized CPA firm performance statistics, The Rosenberg Survey. He has consulted with more than 1,000 firms throughout his decades-long consulting career. He is best known as the author of his acclaimed Practice Management series — a compilation of knowledge and experience amassed throughout his consulting career on key topics pertinent to CPA practice management. Rosenberg is a graduate of the University of Illinois.

Sarah Acton is the chief customer officer at BILL. She brings more than 30 years of experience in marketing, sales and brand-building work in both consumer and business markets. Prior to BILL, she led both marketing and sales at Athos, a wearables company in the athletic performance space. She was also responsible for global brand oversight during pivotal periods of growth at LinkedIn and consumer marketing leadership at Yahoo!. She was also the owner of a small retail business, and holds an MBA from Northwestern University – Kellogg School of Management and a B.S. in Marketing from Tulane University.

Barry Ubsdell is the head of sales for Root.

The Lone Star State is expected to add 225,000 jobs in 2025, down from 244,000 last year, according to the Dallas Federal Reserve's annual forecast.

Yields have fallen over the past few weeks, so "any decent excuse that rates move up a little bit after that big rally" may have occurred as the market digested the report — which was a "little bit of a mixed bag" — after the initial headline figure, said Jeff MacDonald, EVP and head of fixed income at Fiduciary Trust International.

A state board moved toward instituting salary-based employee premium health insurance payment system as a way to avoid a looming $1.3 billion deficit in the government's health plan budget.

Texas Sen. John Cornyn remains a supporter of private activity bonds, his staff told BDA.

Ryan Stokes is Vice President, Business Development, Claims TPA & Solutions at Xceedance, a global leader in consulting, technology, operations support, and data solutions for the insurance sector. He focuses on growing the TPA/claims solutions with new partners and exploring new markets. Stokes has extensive knowledge and expertise in the property and casualty insurance industry, specifically in claims management, valuation and loss adjustment services.

Southern California Edison reveals more about its potential liability in two Los Angeles fires.

Both houses of the Virginia state government have advanced budget bills that include rebates to taxpayers from surpluses fattened by federal funding and robust tax collections, a trend that concerns policy experts.

Josh Shapiro suggested modest spending hikes — and even more modest revenue growth. 

David Trapp is CEO of ArmorPoint and its parent company Trapp Technology, both of which he founded in 2007 and 2018, respectively. He has almost two decades of experience in cybersecurity and IT services. 

Daily report for February 07, 2025