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Paramount’s $110B Warner Bros deal likely to secure FCC backing, FT reports
FCC Chair Brendan Carr indicated the commission is unlikely to block Paramount's $110 billion acquisition of Warner Bros, easing competition concerns.
2026 Virginia Power 50 List: LAWRENCE ‘LARRY’ DI RITA
GREATER WASHINGTON, D.C., MARKET PRESIDENT BANK OF AMERICA WASHINGTON, D.C.
US banking giants reap bigger profits as borrowers seek more loans
U.S. banking giants reported stronger fourth-quarter profits as loan growth accelerated, signaling momentum heading into 2026.
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 […]
