Seeking good loans
Wells Fargo Chairman and Chief Executive Officer John Stumpf says finding creditworthy customers is the bank’s biggest challenge. Wells Fargo became the second-largest bank in Florida when it acquired Wachovia in 2008.
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Cheap stuff
Veteran economist Gregory Miller says Florida could lead the country to stronger-than-expected economic growth.
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Sold note
The banker who gave you a business loan may not be the same one you negotiate with in harder times. Banks are selling loans to raise capital in the downturn, leaving borrowers to fend off aggressive investors.
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A Really Young Buck
The new executive of a $515 million unit of a regional bank on the Gulf Coast is still two years away from turning 30. Age, however, hasn’t stopped Chris Rolle before.
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Victory, at Last
A Gulf Coast community bank has pulled off a rare feat: It raised $15 million in capital during a crippling recession.
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Ports in a Storm
By increasing its presence in Tampa Bay, Whitney Bank is attempting to reapply the formula that has kept it in business for more than a century.
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Old Faces, New Places
USAmeriBank has had good timing from the beginning, opening their doors just after the real estate market had done its worst to area banks. After building a team of veteran bankers, leadership is looking to continue capitalizing on a timely market entry by outmaneuvering distracted competitors.
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Celebrity Apprentice appearance is Clockwork
Sarasota executive Jim Abrams will be one nervous TV watcher May 2.
Full Story »Tampa fund gets $4 million from state
Florida’s economic development officials would love to attract a bunch of high profile, high wage, “high-tech jobs” to the state. But oftentimes, their effort to do so ends up more laughable than laudable.
Full Story »Grim foreclosure headlines attract buyers
The Cape Coral-Fort Myers area continues to be the foreclosure capital of Florida and the runner-up nationally, according to foreclosure tracker RealtyTrac.
Full Story »Manpower survey: Hiring prospects improve
Employers on the Gulf Coast are more optimistic about hiring employees in the second quarter than they were a year ago, a recent survey by Manpower shows.
Full Story »Industry hangs tough despite economic woes
A meeting made up of executives in an industry that depends partially on a low unemployment rate might be reason to bring out the gallows humor and woe-is-us chatter.
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