FULTON BANK STARTS NEW CAPITAL MARKETS PROGRAM

Rhea-AI Summary

Fulton Bank has announced the formation of a new Capital Markets team, led by Christopher Bigos as Head of Capital Markets. The initiative aims to enhance the bank's capabilities in managing syndications, derivatives, and capital markets referral programs.

Head of Commercial Banking John Glover emphasized that this program will help deepen relationships with capital markets providers and expand credit capacity. In his role, Bigos will oversee commercial & industrial (C&I) and commercial real estate (CRE) syndications, customer interest rate hedging, and CRE capital markets.

Bigos brings nearly 20 years of commercial banking experience, having started at Fulton as a management trainee before progressing through various roles. His experience includes a stint at HFF, Inc.'s CRE capital markets group, where he developed expertise in CRE debt and equity placement.

Positive

• Expansion of services through new Capital Markets team
• Enhanced credit capacity for customers
• Strategic addition of syndications and derivatives management capabilities
• Appointment of experienced leader with 20 years of banking expertise

Negative

• None.

News Market Reaction

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+0.10% News Effect

On the day this news was published, FULT gained 0.10%, reflecting a mild positive market reaction.

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Team to manage syndications, derivatives and capital markets referral and collaboration program

LANCASTER, Pa., Jan. 27, 2025 /PRNewswire/ -- Fulton Bank is pleased to announce the formation of a new Capital Markets team, which will be led by Head of Capital Markets, Christopher Bigos.

"As our clients continue to grow, we want to be there to provide the solutions they need," said Head of Commercial Banking John Glover. "This new program will allow us to deepen existing relationships with capital markets providers and better manage syndications and derivatives for our customers, expanding our credit capacity. I'm confident Chris is the right person to lead this effort."

As Head of Capital Markets, Bigos will be responsible for commercial & industrial (C&I) and commercial real estate (CRE) syndications, customer interest rate hedging and CRE capital markets. Bigos will be focused on the strategy and execution to expand and grow the syndications and customer interest rate hedging business and he will continue to evolve and drive Fulton's CRE capital markets program. 

Bigos has nearly 20 years of experience as a commercial banker. He started at Fulton as a management trainee and then as a C&I credit analyst, progressing to become a relationship manager. In 2014, he left Fulton to work with the CRE capital markets group at HFF, Inc., where he developed additional skills in CRE debt and equity placement. He rejoined Fulton in 2015, eventually elevating to senior vice president in Commercial Real Estate.

About Fulton Bank, N.A.

Headquartered in Lancaster, Pa., Fulton Bank is a premier community bank in the Mid-Atlantic region. As a subsidiary of Fulton Financial Corporation (Nasdaq: FULT), a more than $30 billion financial services holding company, Fulton Bank offers a broad array of products and services at more than 200 financial centers across Pennsylvania, New Jersey, Maryland, Delaware, and Virginia. At Fulton Bank, we seek to change lives for the better by building strong customer relationships, providing significant community support and empowering more than 3,400 employees to do the same. Through the Fulton Forward^® initiative, we're helping build vibrant communities. Learn more at www.FultonBank.com. Fulton Bank, N.A., Member FDIC.

Contact: Lacey Dean
(717) 735-8688

View original content:https://www.prnewswire.com/news-releases/fulton-bank-starts-new-capital-markets-program-302360962.html

SOURCE Fulton Bank, NA

FAQ

What is Fulton Bank's new Capital Markets program?

Fulton Bank's new Capital Markets program is an initiative to manage syndications, derivatives, and capital markets referral and collaboration programs, led by Christopher Bigos as Head of Capital Markets.

How will FULT's new Capital Markets team benefit customers?

The new team will provide expanded credit capacity, enhanced syndication management, and improved interest rate hedging solutions for customers, while deepening relationships with capital markets providers.

What experience does Christopher Bigos bring to Fulton Bank's Capital Markets team?

Christopher Bigos brings nearly 20 years of commercial banking experience, including roles at Fulton Bank and HFF, Inc., where he developed expertise in CRE debt and equity placement.

What services will Fulton Bank's Capital Markets team manage?

The team will manage commercial & industrial (C&I) and commercial real estate (CRE) syndications, customer interest rate hedging, and CRE capital markets services.