fbpx

Professional Bank offloads the Trump Organization

Coral Gables-based Professional Bank—with locations in Aventura, Fort Lauderdale, Boca Raton, and throughout South Florida—announced it was cutting ties with the Trump Organization. It joins larger banks such as Deutsche and Signature in making the move, in light of last week’s insurrection and deadly assault on the Capitol. “Professional Bank has decided not to engage in any further business with the Trump Organization and its affiliates, and will be winding down the relationship effective immediately,” the bank’s statement said.

Also of interest to South Florida-New York snowbirds and dual residents: The City of New York announced it is severing its business activities with the Trump Organization, which has contracts to operate two Central Park ice skating rinks and other recreational sites. “Inciting an insurrection against the U.S. government clearly constitutes criminal activity,” New York City Mayor Bill de Blasio said. “The City of New York will no longer have anything to do with the Trump Organization.” The action comes as impeachment hearings commence in the U.S. House of Representatives today.

You May Also Like

Amerant Bank Named the Hometown Bank of the Miami Marlins 

The multi-year partnership includes an extensive brand presence in the ballpark and Amerant Bank will make a donation for every Marlins home game save this season.

Amerant Investments Collaborates With iCapital to Broaden Investment Access to U.S. and Latin America Markets

The partnership provides clients with iCapital’s technology and comprehensive solutions.

Amerant Bank Expands Footprint in Broward County

The new banking center occupies 2,000 square feet on Las Olas Boulevard in Fort Lauderdale.

Fresco Retail Group Plans Expansion After Securing Financing from Amerant Bank

The loan will help the grocery chain acquire Fresco y Más.

Other Posts

Toni’s Sushi Bar in Miami Beach Undergoes Redesign

To prepare for Toni’s Sushi Bar’s highly anticipated 40th anniversary as Miami Beach’s longest-running sushi bar, the iconic eatery is thrilled to announce the unveiling of its extraordinary redesign. The

Discover the Top Easter Brunch Spots in South Florida

The region offers an eclectic mix of dining destinations, each offering its unique spin on the beloved tradition.

Miller Construction Finishes Building BMW Dealership in Pembroke Pines

The state-of-the-art showroom aims to enhance the customer’s experience.

Newgard Development Group Unveils Plans for Newest Lifestyle Project: Natiivo Fort Lauderdale

The 40-story, 384-unit high-rise in downtown is designed for short-term rentals.

Drew Limsky

Drew Limsky

Editor-in-Chief

BIOGRAPHY

Drew Limsky joined Lifestyle Media Group in August 2020 as Editor-in-Chief of South Florida Business & Wealth. His first issue of SFBW, October 2020, heralded a reimagined structure, with new content categories and a slew of fresh visual themes. “As sort of a cross between Forbes and Robb Report, with a dash of GQ and Vogue,” Limsky says, “SFBW reflects South Florida’s increasingly sophisticated and dynamic business and cultural landscape.”

Limsky, an avid traveler, swimmer and film buff who holds a law degree and Ph.D. from New York University, likes to say, “I’m a doctor, but I can’t operate—except on your brand.” He wrote his dissertation on the nonfiction work of Joan Didion. Prior to that, Limsky received his B.A. in English, summa cum laude, from Emory University and earned his M.A. in literature at American University in connection with a Masters Scholar Award fellowship.

Limsky came to SFBW at the apex of a storied career in journalism and publishing that includes six previous lead editorial roles, including for some of the world’s best-known brands. He served as global editor-in-chief of Lexus magazine, founding editor-in-chief of custom lifestyle magazines for Cadillac and Holland America Line, and was the founding editor-in-chief of Modern Luxury Interiors South Florida. He also was the executive editor for B2B magazines for Acura and Honda Financial Services, and he served as travel editor for Conde Nast. Magazines under Limsky’s editorship have garnered more than 75 industry awards.

He has also written for many of the country’s top newspapers and magazines, including The New York Times, Washington Post, Los Angeles Times, Miami Herald, Boston Globe, USA Today, Worth, Robb Report, Afar, Time Out New York, National Geographic Traveler, Men’s Journal, Ritz-Carlton, Elite Traveler, Florida Design, Metropolis and Architectural Digest Mexico. His other clients have included Four Seasons, Acqualina Resort & Residences, Yahoo!, American Airlines, Wynn, Douglas Elliman and Corcoran. As an adjunct assistant professor, Limsky has taught journalism, film and creative writing at the City University of New York, Pace University, American University and other colleges.