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Banking | Finance 2025: BARKIN, THOMAS I.
Barkin has served as head of one of 12 regional Fed banks since 2018. Previously a voting member on the Fed’s powerful interest- setting Federal Open Market Committee in 2024, he rotated off in 2025. In May, Barkin told attendees at the Investing in Rural America Conference in Roanoke that the key to population and […]
Banking | Finance 2025: DI RITA, LAWRENCE ‘LARRY’
Di Rita has led the greater D.C. market for Bank of America since 2019. He’s also the bank’s head of global public policy. Bank of America posted $27.1 billion in net income in 2024, a 2.33% increase from 2023, and had $3.26 trillion in total assets, a 2.56% increase compared to 2023. Di Rita joined […]
Banking | Finance 2025: NOEL, TYRONE
Noel became president of Bank of America’s Hampton Roads market in 2023. In this role, Noel leads 500 employees across eight business lines. Additionally, Noel continues to serve as Merrill Wealth Management market executive for Greater Virginia, a role he’s also held since 2023. Noel joined Merrill, Bank of America’s investment and wealth management division, […]
Banking | Finance 2025: CASTELLANOS, FRANCISCO ‘FRANK’
A Cuban native who grew up in Texas, Castellanos has led the Greater Washington, D.C., market for Merrill, the wealth management division of Bank of America, since 2022. Before that, Castellanos was Merrill’s Greater Virginia market executive and the Hampton Roads market president for Bank of America. He also previously worked for Bank of America’s […]
Virginia 500 Spotlight: Tyrone Noel
MY ADVICE FOR NEW COLLEGE GRADS: Dream big. You can only reach your full potential if you stretch yourself. Also, embrace failure, and learn from it. A MOVIE THAT MADE AN IMPACT ON ME: “Moneyball.” Why? It takes courage to act. IF I HAD A TIME MACHINE, I’D MEET: Martin Luther King Jr. I’m [intrigued] […]
Developers break ground on rent-restricted, solar-powered apartments
Developers broke ground May 30 on the The Helios, a $54 million, rent-restricted, solar-powered apartment building in Henrico County, according to an announcement by Bank of America, which is financing construction. A joint venture between Spy Rock Real Estate Group and Crescent Development, both based in Richmond, the apartments will replace an abandoned motel. The […]
Bank of America names new Hampton Roads president
Tyrone Noel has been named president of the Hampton Roads region for Bank of America, the bank announced Thursday. As president, Noel will lead 500 employees and operations across the Hampton Roads market and be responsible for growing market share and driving integration across the bank’s eight business lines. He will also lead the bank’s […]
Finance | Insurance 2023: HANS VonKRUGER
In college, VonKruger took a part-time job as a teller to help pay for tuition. After working for JPMorgan Chase for more than 20 years, VonKruger joined Bank of America in 2016, becoming consumer banking market leader for southeastern Virginia. He has been the Hampton Roads market executive since 2018, managing about 575 employees and […]
Finance | Insurance 2023: FRANCISCO ‘FRANK’ CASTELLANOS
As Greater Washington market executive for Merrill, the wealth management arm of Bank of America, Francisco Castellanos leads the D.C. market’s nearly 150 financial advisers, overseeing some $31 billion in client assets. He was named to the position late last year, having previously been Merrill’s Greater Virginia market executive and for 18 months also serving […]
Finance | Insurance 2023: VICTOR K. BRANCH
A self-described “continuous learner,” Branch found his passion for banking right out of college, steadily ascending to his current role, which he has held since 2015, overseeing about 2,000 employees at 25 locations, while remaining active in his community. The William & Mary sociology graduate is chairman-elect of the Virginia Bankers Association board and vice […]
Finance | Insurance 2023: LAWRENCE ‘LARRY’ DI RITA
Di Rita, who had already had an impressive 25-year career in the Navy and federal government, embarked on a second career as a banking executive when he joined Bank of America in 2006. He was named market president for Greater Washington, D.C., in 2019. From 2001 to 2006, Di Rita served as special assistant to […]
Bank of America grants VUU $1M
Bank of America granted Virginia Union University $1 million for its new banking and financial services workforce development program, the university announced Monday. VUU’s Sydney Lewis School of Business will lead the program, called MORE for My Opportunity is Real Essential, in partnership with the university’s workforce development division and its Evelyn Reid Syphax School [&helli[...]
