Douglas J. Donatelli has been named chairman of the board and chief executive officer of First Potomac Realty Trust, a real estate investment trust based in Bethesda, Md.Mr. Donatelli will succeed Louis T. Donatelli, who will continue to serve as a trustee, the industrial and flex-property REIT said. Douglas Donatelli has been president, CEO, and trustee of the company since its founding in 1997. The REIT said its portfolio now contains 70 properties totaling 11.2 million square feet.
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The longtime Federal Reserve chair served under four presidents and presided over the deregulatory and pro-market push of the 1990s and early 2000s that set the stage for the 2008 mortgage crisis.
3h ago -
Life insurers have offloaded long-term policyholder liabilities into offshore reinsurance and captive subsidiaries, raising concerns over state oversight of opaque investment vehicles and whether insurers have adequately funded claims.
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AI is leaving its marks in a wave of recent pro se litigation with fabricated citations and debunked arguments found throughout lawsuits, attorneys say.
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The D.C. Circuit Court of Appeals halted the Trump administration's attempt to fire nearly two-thirds of the Consumer Financial Protection Bureau's workforce, upholding a March 2025 injunction.
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Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19 -
The industry association said total multifamily mortgage debt alone increased by $23 billion, or 1% in Q1, representing a $2.32 trillion increase from Q4 2025.
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