Zions picks Michael MacDonald to lead California Bank & Trust unit
Zions has appointed Michael MacDonald as president of California Bank & Trust while he keeps running Zions Capital Markets, per TradingView.
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what happened
According to TradingView, Zions Bancorporation has tapped Michael MacDonald to serve as president of its California Bank & Trust (CB&T) division. MacDonald will keep leading Zions Capital Markets and will take a seat on the group's Executive Management Committee. He will report directly to chief executive Eric Ellingsen.
The information comes from a Zions press release distributed by PR Newswire.
why it matters
The move is an internal leadership change with no new financial targets attached. It may shape CB&T's strategy and risk appetite in California and reflects Zions' focus on building its capital markets business, though any effect on lending, margins or fees has not been disclosed.
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- Zions Bancorporation (ZIONP) Names Michael MacDonald President of California Bank & Trust — TradingView, 26 October 2026 at 18:38 UTC
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