Robert J. Rothschild has been named to the newly created position of senior vice president for commercial real estate lending at Signature Bank, New York.Mr. Rothschild, 54, was most recently vice president and group head of Long Island regional real estate lending for the Bank of New York. His 30-year banking career also included several real-estate-related finance positions with Dollar Dry Dock Savings Bank, White Plains, N.Y., and a position as vice president and team leader in real estate lending at Manufacturer's Hanover Trust. Signature can be found on the Web at http://www.signatureny.com.
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Treasury Secretary Scott Bessent on Wednesday defended cuts to the Community Development Financial Institution Fund in the president's 2027 budget, telling the Senate Appropriations Committee that the program had pursued a "partisan wish list."
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