The Atlantic

First Jobs Matter More Than We Think

When Jack Waxman, a government major at Cornell, was a senior, he faced a choice. He could pursue a job in Senator Chuck Schumer’s office, where he had interned the previous summer. Or he could commit ...
The Cincinnati Enquirer

First Financial Bank will pay the city $10.1M for convention center name

First Financial Bank will pay $10.1 million for the naming rights to downtown's remodeled convention center, according to city records obtained by The Enquirer. City and county leaders announced on ...
Reuters

First Brands founder indicted for fraud after bankruptcy that hit lenders, Ford, GM

NEW YORK, Jan 29 (Reuters) - The founder of First Brands has been indicted by federal prosecutors for allegedly defrauding lenders out of billions of dollars before the auto parts supplier collapsed ...
Wall Street Journal

First Brands Creditors Allege Utah Financier Paid Kickbacks for ‘Usurious’ Deals

An equipment financing company from Utah lent money to First Brands at “usurious” rates that returned over 300% as part of a kickback scheme with a top executive, according to the official committee ...
Business Wire

First Brands Group Announces Leadership Transition

ROCHESTER HILLS, Mich.--(BUSINESS WIRE)--First Brands Group, LLC (“First Brands” or the “Company”), a leading global supplier of aftermarket automotive parts, today announced that Charles Moore has ...
The New York Times

First Brands’ C.E.O. Steps Down, While Its Accounting Is Questioned

The auto-part maker’s bankruptcy has rocked Wall Street and revealed trouble in the private credit markets. By Ryan Mac The embattled chief executive of First Brands, an American auto-parts maker that ...
Reuters

First Brands' creditor says $2.3 billion 'simply vanished', seeks probe

Raistone alleges up to $2.3 billion missing at First Brands Questions the company's investigative rigor Asks the court to appoint independent examiner Oct 8 (Reuters) - Trade finance company Raistone, ...
Business Wire

First Brands Group Initiates Voluntary U.S. Chapter 11 Cases to Stabilize Financial Position and Facilitate Value-Maximizing Transaction

Company to continue delivering best-in-class aftermarket automotive technology and engineering capabilities that meet the evolving needs of its global customer base ROCHESTER HILLS, Mich.--(BUSINESS ...
bankingdive

First Foundation names new CEO

First Foundation has appointed Thomas C. Shafer as CEO after the retirement of longtime chief Scott F. Kavanaugh, the company said Friday. With the change, effective immediately, Kavanaugh steps down ...
bankingdive

First Interstate hires 37-year Colorado banking vet as next CEO

When Jim Reuter announced his retirement as CEO of Lakewood, Colorado-based FirstBank in February, he said he was “looking forward to pursuing other interests and taking on new challenges.” As it ...