Stock awards boost pay for BB&T CEO by 9.1 percent, COO by 25 percent
While BB&T Corp. Chairman and CEO Kelly King’s base salary remained constant in 2017, he received a $1.01 million bump in compensation through stock awards to ultimately increase his pay 9.1 percent in 2017 versus a year earlier.
According to a filing with the Securities and Exchange Commission, King earned $12.67 million in compensation for the 2017 financial year, up from $11.61 million in 2016. King’s base salary of $1.075 million is identical to his 2016 salary.
The disclosure of King's…
Bank of Hawaii to launch person-to-person payment system Zelle
The bank said the in-app system should be integrated into it’s mobile platform at some point this year.
St. Petersburg financial advisor Howard Sachs dies
Howard Sachs, a well-known senior vice president at Raymond James & Associates, died Saturday.
Sachs, who worked in Raymond James' Carillon Branch in St. Petersburg, was a Certified Financial Planner with more than three decades of financial industry experience, according to the company's website.
“We are deeply saddened by Howard’s passing, and his family and friends are in our thoughts during this difficult time. He was an incredible ambassador for Raymond James and important part of the…
Veteran Kingwood real estate agents form new company
“Every once in a while, it gets a little hairy and it’s nice to ask, ‘can you help me out with this?’”
McBride spends $2.5 million for Wildwood land
McBride Homes has purchased 20 homesites in the Homestead Estates neighborhood in Wildwood for $2.54 million.
Status check: Don’t hold your breath for Oakville Triangle to get underway
The vision for Oakville Triangle calls for a diversity of housing options, new public open spaces and compatibility with the existing neighborhoods.
Lawsuit aims to stop pro soccer team from moving to Austin
Ohio and the city of Columbus have teamed up to sue Columbus Crew SC, Major League Soccer and Precourt Sports Ventures, demanding they comply with an Ohio law regulating the relocation of professional sports franchises.
The suit was filed Monday in Franklin County Common Pleas Court in Ohio.
Crew owner Anthony Precourt disclosed last fall that he was looking at relocating the team to Austin. While he is still searching for a stadium site in Austin — one which he said could bring up to $400 million…
Midtown hotel opens after $19 million renovation
The hotel is on Central Avenue and has a new name, restaurant and other finishes.
Foreign investor strings together 13 acres of prime Santa Clara real estate
The investor, linked to an overseas group, has spent more than $77 million on nearly 13 acres and four low-slung office buildings in Santa Clara.
Years-long development freeze may soon be imposed affecting Wolfchase, Bartlett, Cordova, Lakeland
The City of Memphis and Shelby County may soon be forced to institute a development freeze for all of Wolfchase, most of Cordova and Bartlett and part of Lakeland, the Memphis Business Journal has learned.
The sewer system in the 35-square-mile Fletcher Creek drainage basin is now near its capacity, the City of Memphis has preliminarily determined. This could put a stop to any commercial or residential developments in the affected areas, and it could last multiple years.
Public Works director Robert…