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U.S. Bank names next COO
Toby Clements, who will succeed the retiring Souheil Badran, “is a strong, engaging leader who has a clear desire to serve our clients and run our business effectively,” said the Minneapolis-based lender’s CEO, Gunjan Kedia.
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Bank of America to pay $72.5M to settle Epstein-related lawsuit
The lender did not admit any wrongdoing as part of the settlement, which is pending approval by U.S. District Court Judge Jed Rakoff.
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EagleBank disavows activist investor’s board nominees
The embattled Maryland lender did not include the proposed nominees in a notice to shareholders – and won’t unless Diligence Capital Management gets a court order, it said.
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