As TIAA Bank becomes official, merger ‘favorable’ to Jacksonville job market 

(Courtesy of Jacksonville Business Journal) Enlarge Proposed bank signage The combination of TIAA and EverBank will be good for Jacksonville, the head of the financial service’s company’s banking operation said Monday, the day the combined organization was officially launched. “It will definitely be favorable to the overall job market in Jacksonville,” said Blake Wilson, who … Continue reading As TIAA Bank becomes official, merger ‘favorable’ to Jacksonville job market 

Advertisements

Jacksonville insurance company announces merger with American Family Insurance

(Courtesy of Jacksonville Business News)     The Main Street America Group, based in Jacksonville, plans to merge with American Family Insurance, the 13th largest property/casualty insurance group in the nation, the companies announced on Friday. The board of directors of both Main Street and American Family have approved the merger, which does not involve … Continue reading Jacksonville insurance company announces merger with American Family Insurance

Jax Hancock banks rebrand under new name

(Courtesy of Jacksonville Business News)   Hancock Whitney will become the bank's new name May 25. Change is coming for Jacksonville's two Hancock Bank branches now that Hancock Holding Company (Nasdaq: HBHC) has announced it will rename itself Hancock Whitney. The name change reflects the merger of Hancock Bank and Whitney Bank in 2011. It … Continue reading Jax Hancock banks rebrand under new name

BBVA Compass CEO explains why Jacksonville is a “core market”

(Courtesy of Jacksonville Business Journal)  Onur Genc, CEO and U.S. country manager for BBVA Group BBVA Compass (NYSE: BBVA) CEO and U.S. country manager, Onur Genc, visited Jacksonville Mar. 27 to see how he could support the double-digit growth rate market CEO Nelson Bradshaw has achieved over the last five years. BBVA, which has $800 … Continue reading BBVA Compass CEO explains why Jacksonville is a “core market”

Shift in Jacksonville’s financial industry also a shift away from…

(Courtesy of Jacksonville Business News) The economic recovery has not brought back all the banking jobs of old, but it has produced 4,800 new high-paid positions since 2011 as more and more financial companies set up shop or expand their operations in Jacksonville. The city aims to attract financial sector jobs with incentives, taking advantage … Continue reading Shift in Jacksonville’s financial industry also a shift away from…