Fulton Financial in Lancaster, Pa., has created a capital markets business.
The $32.1 billion-asset company said it created the operation after naming Christopher Bigos as head of capital markets. Bigos previously served as a senior vice president of commercial real estate at Fulton.
“As our clients continue to grow, we want to be there to provide the solutions they need,” John Glover, the bank’s head of commercial banking, said in a press release.
“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.”
Bigos will oversee commercial & industrial and commercial real estate syndications, customer interest rate hedging, and CRE capital markets.