Monday, July 23, 2007

UPDATE 1-National City names Raskind CEO, replaces Daberko

(Reuters) - NEW YORK, July 23 - National City Corp. , the eighth-largest U.S. bank, on Thursday named Peter Raskind chief executive, succeeding David Daberko, who will remain chairman until his retirement at the end of the year.



Raskind had been considered the heir apparent since being named president in December and joining the Cleveland-based bank's board of directors. He has overseen National City's consumer and small business operations, and in December also took responsibility for corporate banking and wealth management.


Read more at Reuters.com Mergers News

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