Carlos Evans has been named head of wholesale banking at Wachovia Corp., Charlotte, N.C., for various business segments, including real estate financial services.Mr. Evans assumes responsibility for Wachovia's Wholesale Bank after five years as head of the company's commercial banking segment and more than 30 years of experience in wholesale banking, Wachovia said. In addition to real estate financial services, he will lead Wachovia's commercial, business, and community banking segments and its dealer business. The company can be found online at http://www.wachovia.com.
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The Senate passed a bipartisan housing package, which includes certain community bank provisions, in an 85-5 vote. The House is set to vote on the package Wednesday.
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Ralo uses artificial intelligence to automate the entire process, saving consumers money by cutting out commissioned loan officers, processors and underwriters.
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William Isaac led the Federal Deposit Insurance Corp. through the banking and thrift crises of the 1980s and was a frequent commentator on bank regulation after his time in public service.
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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.
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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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