Morehouse Alumni News: RBC Bank Names Wachovia Executive Reginald Davis President
(ATLANTA - October 6, 2009) - Royal Bank of Canada (RBC) has hired veteran Wachovia executive Reginald Davis as its president, the Raleigh-based lender announced.
Davis joined Wachovia, now part of Wells Fargo & Co. (NYSE: WFC), after graduating from Atlanta ’s Morehouse College in 1985. He rose through the executive ranks to the position of executive vice president and Eastern Banking Group executive. In that role, he led retail and wholesale activities in 20 East Coast states to increase revenue and cross-selling of products.
As president of RBC Bank, Davis will oversee five divisions: Retail Banking, Commercial Markets, Specialized Businesses, Private Banking and Residential Mortgages. He also will be responsible for “achieving and exceeding” the bank’s client satisfaction and revenue goals, RBC said in a news release.
"Reggie's experience and market familiarity make him an excellent leader for our client-facing employees in executing our strategy to provide the best possible service to our clients," said Scott Custer, RBC Bank’s CEO. "We are very pleased he is joining our team, and I look forward to working closely with him."
Davis fills a position that had been vacant and steps into a role Custer promised to create as his bank tries to deal with a glut of bad loans that have pushed the company's bottom line into the red in recent quarters. Davis is a 2005 recipient of the coveted Bennie Leadership Award named in honor of Morehouse's 6th president, Dr. Benamin Elijah Mays. He is also the son of the late Silas W. Davis '50.
Davis will be based at RBC Bank's headquarters in Raleigh . RBC Bank is the U.S. banking arm of the Royal Bank of Canada (NYSE: RY). Please join President Franklin and the entire Morehouse community in congratulating Reggie on this significant achievement.
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TGR: The Blizzard of 2010: 1 Down, 1 to Go!:
Welcome to Baltimore's Katrina: "Nobody hears our cry!"
A state of emergency: National Guard in hummers
By Doni Glover, www.bmorenews.com
"The same ol' story in New Orleans" - Jay Z
(BALTIMORE - February 9, 2010) - According to one Baltimore City Police officer stationed in Sandtown, downtown is plowed, Baltimore County is plowed, Carroll County is plowed (he lives there), but he didn't understand why communities - like in West Baltimore - were still left undone.
Fender-benders are not uncommon. The perpetual struggle between pedestrian rights and drivers' fear of getting stuck is ubiquitous. The question remains: Does anybody care about less affluent communities in one of the richest state's in the nation?
Yeah, yeah! We heard the governor announce there would be no additional funds for snow plowing.
Maybe we have to appeal to Pres. Barack Obama to send "state of emergency" dollars directly to municipalities ... like Baltimore. Or, maybe directly outsource dollars to snow removal companies. Whatever the case, this is some bull feces.
In a city where citizens get taxed to death for everything from parking tickets to cell phones, where is the love? Like the songwriter sings, "Ain't no love in the heart of the city!"
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In Honor of Baltimore's Black Business Week: The Ray Haysbert Awards:
(BALTIMORE - January 19, 2010) - Come out and join BMORENEWS on Wednesday, February 17, 2010 at the Frederick-Douglass Isaac Myers Maritime Museum as we pay homage to the Dean of Business, Raymond V. Haysbert, Sr.
We will be awarding area business owners for their accomplishments.
FMI, please call Phenomenal Events at 443.223.8759.
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Media Internships Now Available in the DMV: Do you have what it takes?:
Writers, video reporters, radio talent, and production assistants now wanted to help cover the news for one of the most accomplished independent multi-media news sites in America – primarily covering Washington DC, Baltimore City, Prince George’s, Montgomery, and Baltimore counties.
Interns will be exposed to a litany of mass communication skills including the business of media, public speaking, interviewing techniques, videography, photography and writing.
Interns will meet some of the most exciting business, political, entertainment and community professionals in the area. Equally, interns will be encouraged to teach and groom future media professionals.
FMI, call BMORENEWS’ managing partner, Another Approach Enterprises, today at 202.756.4865 to schedule an interview.
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Baltimore's Black Business Week: Minority Business Summit 2010 Speakers & Awardees Announced:
Do come out and support the Minority Business Summit. Read in Full >>
Maryland's First Class Action Suit Against St. Joseph Medical Center for Unnecessary Stent Procedures:
Murphy P.A. and the Law Offices of Peter Angelos, P.C. of Baltimore have filed a class action lawsuit on behalf of patients who underwent unnecessary invasive cardiac procedures at St. Joseph Medical Center. The suit contends that Dr. Mark Midei performed hundreds, if not thousands, of unnecessary cardiac stent procedures on patients as revealed by a federal investigation. Read in Full >>