Commercial banking

Dennis G. Ciocca, a municipal industry veteran whose career as a public finance banker spanned nearly 50 years, lost his seven-year battle with prostate cancer on June 14. He was 76.

Barclays is bolstering its Chicago team with three banking additions at the expense of Bank of America Merrill Lynch.

Ignacio Alvarez, who takes over this summer from Richard Carrion, addresses the tough challenges the bank faces as looming cuts to government services and benefits could be painful for consumers and businesses on the Caribbean island.