Obituaries

Karen Petrou, founder of Federal Financial Analytics, dies

WASHINGTON — Karen Petrou, co-founder and managing partner of Federal Financial Analytics and a luminary of financial policy, died Saturday afternoon of liver cancer after a brief illness. She was 73. Processing Content Petrou wielded an outsized presence in Washington economic and regulatory circles, cultivated over the course of decades in the industry and through […]

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Kurt Pfotenhauer, mortgage and title industry leader, dies

Kurt Pfotenhauer, mortgage and title industry leader, dies

Kurt Pfotenhauer, a longtime leader in the mortgage and title industry, has died, First American Financial said in a statement. He was executive vice president and vice chairman of the company. Processing Content “Kurt will be remembered not only for his professional achievements, but also for the kindness and integrity he showed to everyone he

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NYSE executive Cassandra Seier dies in alleged bike accident

Cassandra Seier, head of International Capital Markets for the New York Stock Exchange, died over the weekend of November 22. “We are devastated by the news that our colleague Cassanda Seier passed away over the weekend,” an NYSE spokesperson told American Banker in a statement. The statement did not disclose the exact date or cause

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John Bell III, former VA mortgage program executive, dies

John Bell III, the former executive director for loan guaranty service at the Department of Veterans Affairs, has died. His passing was noted in a Facebook post by Rick Bettencourt, president of Veterans Mortgage Brokers, Danvers, Massachusetts. “For the last 10 years John has been a Titan in the VA home loan world,” Bettencourt, who

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How late fintech pioneer Doug Lebda built LendingTree

Doug Lebda, the founder, chairman and chief executive officer of financial services marketplace LendingTree, died over the weekend in an all-terrain vehicle accident, according to the company. He was 55. Lebda established LendingTree in 1996 after experiencing a lack of transparency and confusing process while obtaining a mortgage. His goal was to simplify financial decisions

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Blackstone’s Wesley LePatner killed in Manhattan shooting

Blackstone’s Wesley LePatner killed in Manhattan shooting

Victor J. Blue/Bloomberg Blackstone Inc. executive Wesley LePatner, who ran the firm’s $53 billion real estate fund for wealthy individuals, was killed Monday in the shootings at the firm’s Manhattan headquarters. “Words cannot express the devastation we feel. Wesley was a beloved member of the Blackstone family and will be sorely missed,” the firm said

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NJ bank mourns death of longtime CEO Gerald Lipkin

NJ bank mourns death of longtime CEO Gerald Lipkin

Longtime Valley National Bancorp CEO Gerald Lipkin, who built the one-time New Jersey community bank into a regional institution with more than $23 billion of assets, passed away Wednesday at age 84. Gerald Lipkin, who spent nearly three decades as CEO of Valley National Bancorp in New Jersey, presiding over its expansion into a regional

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Former Fed vice chair Stanley Fischer dies at 81

Former Fed vice chair Stanley Fischer dies at 81

Former Federal Reserve Vice Chair and noted macroeconomist Stanley Fischer, who passed away Saturday at 81.Bloomberg News (Bloomberg) — Stanley Fischer, a professor and practitioner of macroeconomics who helped guide central banks in two countries, Israel and the US, and mentored a younger generation of economic decision-makers, has died. He was 81. He died on

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