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Article: Robinson taking aim at 1st New York's woes. (First New York Bank for Business COO Eliot S. Robinson) (People in the News)
- Article from:
- American Banker
- Article date:
- October 8, 1992
- Author:
CopyrightCOPYRIGHT 1992 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Frustrated by its failure to raise capital, First New York Bank for Business has turned to a veteran banker and onetime regulator in hopes of ensuring the performance it needs to survive.
Eliot S. Robinson, vice chairman and chief operating officer, said his immediate goals were to improve profitability, market share, and capital ratios while reducing nonperforming assets.
Mr. Robinson, 50, has been with First New York since 1986. Two months ago he was assigned day-to-day management responsibility at the bank, a small-business specialist that was formerly the First Women's Bank.
A generation ago, at the start of his career, he was a national ...