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Banking firm $STI said that it named Kathy Farrell as the head of the Commercial Real Estate line of business, effective Aug 1. Ms. Farrell will be responsible for delivering banking and capital markets solutions to commercial real estate developers and investors in the SunTrust Commercial Real Estate lines of business.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.