May 18, 2024

Banking & Finance

Educating the Fed

Gregory Haile, 46, is the former president of Broward College. He was recently reappointed to the Federal Reserve Bank of Atlanta for a three-year term and is deputy chair of its board of directors. He spoke to Florida Trend recently about his role on the Fed board and his journey from growing up in Queens in New York City to achieving national prominence as a Fed board member and as a leader in higher education. He lives in Fort Lauderdale, is married with two children, is a graduate of Arizona State University and has a law degree from Columbia University. Read more »
Published on 4/17/2024

Streamlining Reorganizations

Fort Lauderdale forensic accountant and CPA Soneet Kapila usually makes the news for untangling the financial mess left behind in busted Ponzi schemes and other frauds. This year, as president of the Virginia-based American Bankruptcy Institute, he's been busy asking Congress to make it easier for failing small businesses to salvage their operations. Read more »
Published on 4/15/2024

Passing the Torch

There's been a changing of the guard at the Florida Bankers Association, which lobbies Tallahassee and Washington, D.C., on behalf of the banking industry. Longtime leader Alex Sanchez has retired after 30 years with the organization, 26 as CEO. His successor, Kathy Kraninger, was director of the Consumer Financial Protection Bureau during the Trump administration and is plotting a new course for the organization. Read more »
Published on 4/11/2024

Regional Input

Housing affordability and rising insurance rates are two issues that will likely continue to affect Florida's economy in the coming year, predict two members of the Jacksonville board of directors for the Federal Reserve Bank of Atlanta. Read more »
Published on 4/10/2024

A History of Acquisitions

Seacoast Bank, founded at the onset of the Great Depression, is the stuff of homespun Florida. During World War II, the Stuart-based institution provided mothers of service members Blue Star flags. Read more »
Published on 4/25/2023

Rising Interest

“Higher interest rates have definitely slowed down our incoming sales pipeline. However, we do think that buyers are coming to terms with the fact that this is the new norm for interest rates.” Read more »
Published on 4/19/2023

Signs of Strength

VyStar Credit Union's acquisition of First Coast Federal Credit Union earlier this year reflects a trend of credit unions growing through acquisitions — something previously associated with banks, says Steven Kelley, an adjunct economics professor at Jacksonville University and director of downtown development for Jacksonville's Downtown Investment Authority. Read more »
Published on 4/14/2023

Post-Merger Manager

Steve Fisher, a 20-year veteran of Central Florida's banking industry, joined Truist in 2021 as the area's middle market banking lead and became regional president last September when Sandy Hostetter retired from the position. Read more »
Published on 4/13/2023

Funding Dreams

At age 22, Kortney B. Murray got an early business lesson when she opened a clothing boutique in California. Read more »
Published on 4/12/2023

Florida's Fed Voices

New Florida voices are serving on branch boards of the Federal Reserve Bank of Atlanta, where their input will help shape monetary policy. Read more »
Published on 4/12/2023

Setting goals

Hatch says many athletes still seek guidance and advice from him on everything from estate planning to real estate deals. “They say, ‘Hatch, can you take a look at this and let me know if this is on the up and up?' And I never charge anything because I've seen some of my friends and ex-teammates taken advantage of.” Read more »
Published on 4/11/2023

The Futurist

By now, the usual reasons Wall Street types had for decamping to Florida during the pandemic are well-known: No income tax, an entrepreneurial spirit, welcoming policies and effusive politicians, high-growth potential and minimal regulation. Read more »
Published on 3/15/2023

How a college injury put Brian Lamb on path to the Board of Governors

“How do you respond to that level of adversity that you haven't seen before? That really was a defining moment for me.” Read more »
Published on 6/15/2022

Climate First Bank CEO forecasts a sunny outlook

CEO Ken LaRoe foresees a good year for banking. Read more »
Published on 4/30/2022

Locality Bank in Fort Lauderdale stands out for being a rare bank startup

Locality Bank founders see an opening in the market. Read more »
Published on 4/20/2022

Fairwinds Credit Union's COO forecasts more growth ahead

Fairwinds exec Phil Tischer looks ahead. Read more »
Published on 4/20/2022

Pure optimism and momentum

When Jorge Gonzalez joined City National Bank in Miami 12 years ago, the community bank had about $3 billion in assets. Assets have since grown to nearly $22 billion, making CNB the second-largest bank based in Florida, with about 1,000 employees statewide. Read more »
Published on 4/20/2022

The state of banking

Stephen A. LeMay is an associate professor at the University of West Florida's College of Business. He teaches both graduate and undergraduate courses in finance, marketing, banking and computer literacy and supply chain logistics. He spoke to FLORIDA TREND about the state's banking and finance industries... Read more »
Published on 4/13/2022

TD Bank exec expects growth to continue despite challenges

Despite the specter of rising rates, growth in Florida is expected to continue. Read more »
Published on 4/13/2022

Infrastructure: Critical strategies Florida can implement as it grows

Florida is projected to gain 2.5 million new residents by 2030. Here's what that means for schools, roads, homes and other infrastructure needs Read more »
Published on 3/8/2022

Surety Bank finds niche serving clients that other banks shun

When Ryan James took the reins as CEO of Surety Bank, a small community bank in DeLand, in 2009, he planned to focus on marketing and growth... Read more »
Published on 2/10/2022

Climate First Bank plans to supercharge solar loan products

After selling the first bank he started in 2006, Ken LaRoe and his wife bought a small motor home and traveled across country... Read more »
Published on 5/26/2021

Florida financial planner's post-COVID-19 investment advice

Calling a year like 2020 a “free look” period, Michelle Barron advises her clients to examine their losses in early 2020 and adjust their portfolio if the figures were distressing. Read more »
Published on 3/29/2021

2020 wealth management advice for Floridians

Florida Trend asked money managers around the state how investors should move forward during this extended bull market. Read more »
Published on 3/25/2020

BB&T and SunTrust merger

In a recent interview, Sandy Hostetter talks about the $28-billion merger that “solidified” Truist as the biggest bank in Central Florida and the sixth-largest in the country. Read more »
Published on 2/26/2020

Florida Business News

Florida News Releases

Florida Trend Video Pick

FloridaCommerce responds to questions about management of Rebuild Florida program
FloridaCommerce responds to questions about management of Rebuild Florida program

Reporter Jennifer Titus sits down with FloridaCommerce Secretary Alex Kelly and Office of Long-Term Resiliency Director Justin Domer.


Video Picks | Viewpoints@FloridaTrend

Ballot Box

Do you think recreational marijuana should be legal in Florida?

  • Yes, I'm in favor of legalizing marijuana
  • Absolutely not
  • I'm on the fence
  • Other (share thoughts in the comment section below)

See Results

Florida Trend Media Company
490 1st Ave S
St Petersburg, FL 33701

© Copyright 2024 Trend Magazines Inc. All rights reserved.