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Cash Management System Market Size, Scop...

New Jersey, United States,- the Cash Management System Market is carefully analyzed in the report with a focus on market dynamics including key issues and challenges, drivers, trends, and opportunities. The report includes an in-depth analysis of key market players to understand the utilization of the key strategies adopted in the Cash Management System market. […]

Dock Opens Offices in Latin America Amid...

SÃO PAULO–(BUSINESS WIRE)–March 14, 2022– Dock, an innovator in fintech infrastructure in Latin America , today announced the launch of new regional offices and key growth milestones. The new offices are located in Mexico City, Mexico; Lima, Peru; Santiago, Chile; and Bogotá, Colombia. Dock is also setting up operations in Buenos Aires, Argentina, by the […]

WV House Passes Bill That Would Allow Tr...

The country united states of americaUS Virgin IslandsU.S. Minor Outlying IslandsCanadaMexico, United Mexican StatesBahamas, Commonwealth ofCuba, Republic ofDominican RepublicHaiti, Republic ofJamaicaAfghanistanAlbania, People’s Socialist Republic ofAlgeria, People’s Democratic Republic ofAmerican SamoaAndorra, Principality ofAngola, Republic ofAnguillaAntarctica (the territory south of 60 degrees S)Antigua and BarbudaArgentina, Argentine RepublicArmeniaArubaAustralia, Commonwealth ofAustria, Republic ofAzerbaijan, Republic ofBahrain, Kingdom ofBangladesh, People’s Republic […]

Greenbank announces exit from investment...

TORONTO, ON/ACCESSWIRE/March 11, 2022 / GreenBank Capital Inc. (CSE:GBC) and (OTC PINK:GRNBF) and (FRA:2TL) (“GreenBank” or “the Company”) announces that it has exited its investments in three of its non-core portfolio companies – Reliable Stock Transfer Inc. (“Reliable”), Inside Bay Street Corporation (“Inside Bay Street”) and The Lonsdale Group (“Lonsdale Group”). GreenBank management believed that […]

Russia sanctions extend further to banki...

Sanctions against Russia extended further to banking and hospitality on Thursday as US Treasury Secretary Janet Yellen warned of new financial sanctions against Moscow for its invasion of Ukraine. Meanwhile, Russian President Vladimir Putin has warned that Western sanctions against his country will destabilize global energy and food markets, promising his country will emerge stronger […]

Enterprise Financial Services Corp Annou...

ST. LOUIS–(BUSINESS WIRE)–March 8, 2022– Enterprise Financial Services Corp (Nasdaq: EFSC) today announced the appointment of Stephen P. Marsh and Daniel A. Rodrigues as directors of Enterprise Financial Services Corp (the “Company”) effective March 8, 2022. Each of Messrs. Marsh and Rodrigues currently serve as directors of the Company’s wholly-owned subsidiary, Enterprise Bank & Trust […]

Business owner DeKalb creates NFT with l...

DeKALB – Two residents of the DeKalb area creates a non-fungible tokencommonly referred to as NFT, intended to help raise funds in support of those affected by the crisis in Ukraine following a Russian invasion. Matt Binder, owner of Lord Stanley’s and the Annex and World Famous Pizza in DeKalb, said he hopes to partner […]

What soaring gas and oil prices mean for...

RRising oil prices have given consumers more to worry about than just high gasoline prices. What does soaring oil prices mean for your investment portfolio? Brent crude oil – the international benchmark for oil prices – and US West Texas Intermediate crude oil futures both hit their highest prices since 2008 on Sunday. The price […]

Blocking of Mastercard and Visa in Russi...

Consumers will still be able to use Mastercard and Visa-branded cards for domestic transactions in Russia, the country’s state-backed payments network has said, reducing the impact of US companies’ decision to withdraw services following a the invasion of Ukraine. Russian payment system Mir said cardholders always be able to access their fundsmake domestic withdrawals and […]

Amundi US Declares Monthly Distributions...

BOSTON–(BUSINESS WIRE)–March 4, 2022– Amundi US today announces the declaration of dividends for six Pioneer closed-end funds for March 2022. Ex-Date: March 16, 2022 Registration Date : March 17, 2022 Payable: March 31, 2022 (HNW, PHD, PHT, MHI, MIO) Payable: April 1, 2022 (MAV) Teleprinter Taxable funds Distribution Per share Change The preceding month HNW […]

MOSERS votes to stop Russian investments

JEFFERSON CITY — Missouri’s state workers’ retirement program will sell off its Russian holdings and cease all business with the country, its board of directors decided Thursday. The board of directors of the Missouri State Employees Retirement System (MOSERS) convened for a special meeting Thursday afternoon, with the only item on the agenda being its […]

Midwest Bank Partners with Lendsmart to ...

NEW YORK–(BUSINESS WIRE)–March 3, 2022– Midwest Bank, a locally owned community bank that provides loans, mortgages, financial planning and investment services throughout central Illinois, chose Lendsmart, an AI-powered digital lending platform, to improve its digital home buying and lending operations. This press release is multimedia. View the full press release here: https://www.businesswire.com/news/home/20220303006078/en/ Midwest Bank Selects […]

Local lawmakers say investments with Rus...

JAMESTOWN — Local lawmakers say it’s a little troubling that $44 million of North Dakota state investments have ties to Russia, including $8.5 million from the state’s Legacy Fund. The Legacy Fund is owned by North Dakotans, and the Legislature and citizens of the state should dictate how investments are made, said Rep. Bernie Satrom, […]

US concerned about ‘abuses’ of Lebanese

A U.S. Treasury delegation has urged Lebanese authorities to open investigations into what it described as abuses within Lebanon’s banking system by members of the political and economic elite, the U.S. Treasury said on Wednesday. The unusually candid statement released after a three-day visit to Beirut by a high-level delegation did not specify which members […]

Western energy and banking giants pull o...

People line up to use an ATM in St. Petersburg, Russia, /Reuters/Anton Vaganov People line up to use an ATM in St. Petersburg, Russia, /Reuters/Anton Vaganov Energy giant BP, global bank HSBC and the world’s largest aircraft leasing company AerCap joined a growing list of companies seeking to leave Russia on Monday as Western sanctions […]

Russia retaliates by confiscating funds ...

Russia would retaliate for the seizure of money from Russian citizens and businesses abroad by seizing funds from foreigners and foreign businesses in Russia, Dmitry Medvedev, deputy head of the Security Council, said on Saturday, according to the RIA news agency. According to Medvedev, Moscow does not rule out nationalizing the assets of companies registered […]

Sanctions will test Russia’s ‘fortress’

Since 2014, when the United States and its Western allies imposed sanctions on Moscow following the annexation of Crimea and the downing of Malaysian Airlines Flight 17, the Russian president has been trying to build an economy that can withstand much harsher penalties. Fear of what sanctions could do sent Russian stocks tumbling 33% on […]

Finary wants to reinvent private banking...

french startup Final raised a $9 million (€8 million) Series A funding round. The company has built a comprehensive aggregator so that wealthy individuals can get the complete picture when it comes to wealth tracking. And that means Finary is not limited to bank accounts. You can track many assets, from real estate to cryptocurrencies […]

Top App Development Trends for Business ...

If you search for smartphone users on the internet, you will be surprised to see the number of users increasing day by day. Regards, all smartphone users need different apps and games to interact smoothly with their smartphones because app development is a trending business which is rapidly increasing day by day. Regards, all smartphone […]

The CFPB issues a request for informatio...

United States: CFPB issues request for information regarding unwanted charges February 18, 2022 Goodwin Procter LLP To print this article, all you need to do is be registered or log in to Mondaq.com. On January 26, 2022, the Consumer Financial Protection Bureau (CFPB) issued a request for information regarding fees charged by […]

Long Beach Accelerator Offers New $500,0...

LONG BEACH, Calif.–(BUSINESS WIRE)–February 16, 2022– The Long Beach Accelerator announced a new program offering half a million dollars to past and incoming cohort members in direct equity funding for hiring talent and investments in other critical business areas for accelerate growth. This investment program is exclusive to companies and alumni of the LBA cohort […]

Big bottoms should be able to handle som...

The industry has more than $4 trillion in assets under management and in the United States, private equity-backed companies employ about 11.5 million people, according to data from the American Investment Council, an organization that serves the interests of private equity. By comparison, America’s largest commercial employer, Walmart Inc., has about 2.3 million employees. The […]

Biden’s decision on frozen funds stokes

KABUL, Afghanistan — Many Afghans have expressed outrage at the Biden administration’s decision to divert billions in frozen Afghan central bank assets to American families of 9/11 victims as Afghanistan sinks deeper more and more in economic disaster. The move, which would effectively bankrupt the country’s central bank, adds to the growing animosity many Afghans […]

Trudeau says almost half of protesters’

By Stephanie Taylor, The Canadian Press on February 11, 2022. A Bitcoin ATM sticker is displayed on the window of a cafe in downtown Vancouver October 28, 2013. An anti-money laundering expert says attempts to stop funds from going to protesters who are blocking Parliament Hill and several border crossings are like a game of […]

John Marshall Bank Hires Graziella Brenn...

RESTON, Va.–(BUSINESS WIRE)–February 8, 2022– John Marshall Bank is pleased to announce the arrival of Graziella Brenneman as Assistant Vice President, Director of Corporate Banking to strengthen its lending capabilities for the Small Business Administration (SBA). Graziella has 14 years of experience in the banking sector. Prior to joining John Marshall Bank, Graziella was responsible […]

Amundi US Declares Monthly Distributions...

BOSTON–(BUSINESS WIRE)–February 3, 2022– Amundi US today announces the declaration of dividends for six Pioneer closed-end funds for February 2022. Ex-Date: February 17, 2022 Registration Date : February 18, 2022 Payable: February 28, 2022 Teleprinter Taxable funds Distribution Per share Change The preceding month HNW Pioneer Diversified High Income Fund, Inc. $0.1100 DOCTORATE Pioneer Floating […]

22 Fund Closes Multi-Million Dollar Inve...

The 22 Fund Closes Multi-Million Dollar Investments to Support Diverse Entrepreneurs Fund 22 provides capital to promising technology-driven, export-oriented manufacturing companies led by women and Black, Indigenous and People of Color (BIPOC) entrepreneurs. (Courtesy picture) The 22 Fund, a Los Angeles-based growth capital fund, announced that Bank of America and Roy and Patricia Disney Family […]

ESMA guidelines on marketing communicati...

United States: ESMA guidelines on marketing communications for funds will start to apply February 02, 2022 Proskauer Rose LLP To print this article, all you need to do is be registered or log in to Mondaq.com. On February 2, 2022, the new ESMA Guidance on Marketing Communications under the Cross-Border […]

HSBC USA Announces Four New Appointments...

NEW YORK–(BUSINESS WIRE)–February 1, 2022– HSBC Bank USA today announced the recent appointments of Deborah P. Bailey, Melvin L. Flowers, George W. Madison and Alice D. Schroeder to the boards of HSBC North America Holdings Inc. (HNAH) and HSBC Bank USA, NA (HBUS). Directors. Flowers and Madison’s appointments took effect on January 11, while Bailey […]

Foreign banks face bigger capital bill u...

Foreign banks based in the European Union may have to hold more capital and liquidity under revisions to rules being considered by member states of the bloc, according to an EU document. Authorities in Brussels are seeking to classify more foreign banks as subsidiaries rather than branches, a change that would force them to strengthen […]

V-Belt Market Share 2021 Growth Developm...

Global V-Belt Market research is an intelligence report with meticulous efforts undertaken to study the correct and valuable information. The data that has been reviewed takes into account both existing top players and upcoming competitors. The business strategies of key players and new industries entering the market are studied in detail. A well-explained SWOT analysis, […]

Naomi E. Boyd Named Dean of VCU School o...

By Mike Porter Naomi E. Boyd, Ph.D., has been named dean of the Virginia Commonwealth University School of Business, effective July 1. Boyd currently serves as Associate Dean for Innovation, Outreach, and Engagement and as Chair, Professor, and Fred T. Chair of Finance at the John Chambers College of Business and Economics Department of Finance […]

Novo uses funds to reinvent small busine...

Small business banking platform Novo announced that it has raised an additional $90 million for small business development, bringing its total funding round to more than $135 million. Novo has already surpassed $5 billion in lifetime transactions and will now use the new funding to develop digital banking products designed specifically to help small businesses […]

Fidelity Investments Canada ULC Announce...

TORONTO, January 20, 2022 /CNW/ – Fidelity Investments Canada ULC today announced the January 2022 cash distributions for Fidelity’s line of high dividend factor ETFs, fixed income ETFs and high monthly income ETFs. Fidelity Investments Canada ULC logo (CNW Group/Fidelity Investments Canada ULC) Detailed in the tables below, unitholders registered on the January 27, 2022 […]

Bank of America cuts overdraft fees

Bank of America announced that it is reducing its overdraft fee from $35 to $10. (iStock) Bank of America announced that starting in May it will reduce its overdraft fee – the fee a customer pays when their bank account has reached a negative balance – from $35 to $10. The bank will also eliminate […]

Funds seized by North Korean bank given ...

Funds seized from a North Korean bank account are expected to be handed over to the parents of US student Otto Warmbier, who they say was tortured by North Korea before being released while in a coma. A federal judge in New York ordered the state comptroller to give $240,000 seized to Warmbier’s parents, Fred […]

BTIG to Host Metaverse Unbound Conferenc...

NEW YORK–(BUSINESS WIRE)–BTIG announced today that the “BTIG Metaverse Unbound Conference” will take place on Wednesday, January 19, 2022. The one-day virtual event will be hosted by Mark Palmer, BTIG FinTech and Digital Asset Analyst. More than 60 companies and protocols will participate in the firm’s event. Discussion topics will include investment, branding and engagement […]

Disposals of telecommunications assets a...

United States: Disposals of telecommunications assets are “Lumen” (podcast) January 11, 2022 Levine, Blaszak, Block & Boothby To print this article, simply register or connect to Mondaq.com. Lumen Technologies recently announced two major business divestitures that could earn them $ 10 billion in revenue and help the company refocus its strategy. In the first sale, […]

Securian Financial announces promotions ...

ST. PAUL, Minnesota – (COMMERCIAL THREAD) – Securian Financial today announced several promotions and leadership transitions to pursue its strategic priorities. The company’s three solutions groups — Individual Solutions, Affinity Solutions and Solutions for Institutional Investors — have become four, with a new Benefits Solutions group emerging from Affinity Solutions. Bruce Shay, a 37-year Securian […]

Venture Capital’s Interest in Crypto Spi

The love affair between venture capitalists and cryptos shouldn’t end anytime soon. More than 120 companies had made at least two investments in blockchain companies by mid-2018, FX Empire wrote. The interest of venture capitalists in cryptos has increased in recent years. Institutional Investor reports that venture capital firms invested $ 32.8 billion in crypto […]

How Some Americans End Up With No Credit...

Is the amount of money someone earns preventing them from getting a desirable credit score? Or their race and ethnicity? The answers: No, absolutely not. Some consumers think the exact opposite, but your income, race, or ethnicity is not used to calculate your personal credit score and does not increase or alter your score. Still, […]

Fed rate hike on cards: bank ETFs likely...

Investors have been paying more attention to the banking sector lately, given the improvement in its performance over the past year. The S&P Banks Select Industry Index has jumped 35.7% in the past year compared to the 26.1% rise of the larger S&P 500 index. Several factors work in favor of space. The Federal Reserve […]

Market Perspectives: How Can RCEP Benefi...

As part of renewed efforts to establish regional trade relations, the world’s largest free trade pact, the Regional Comprehensive Economic Partnership (RCEP), entered into force on the first day of 2022 between 15 Asian countries. Member States include China, Japan, South Korea, Australia, New Zealand and 10 members of the Association of Southeast Asian Nations […]

Rtl today – banking system crippled: run

Afghan businessman Shoaib Barak struggles to pay his workers and suppliers, unable to access funds from a banking system crippled by the country’s assets frozen abroad. They, in turn, cannot pay their bills – and so the country’s economic woes reverberate and hurt everyone along an unbroken chain of misery. “I am very ashamed,” said […]

Evan Hudson provides updates for REIT Sp...

United States: Evan Hudson gives updates for REIT Space 23 December 2021 Stroock & Stroock & Lavan LLP To print this article, simply register or connect to Mondaq.com. Real estate partner Evan Hudson joined industry group Nareit for a podcast providing an overview of the REIT industry at the end of the year. “Credit markets […]

will rising interest rates increase the ...

Interest rate hikes to curb inflation are widely anticipated in 2022. They could have a major impact on the foreign exchange market. The US Federal Reserve (Fed) announced on December 15 that it would “reduce the monthly pace of its net asset purchases by $ 20 billion for Treasury securities and $ 10 billion for […]

Muslim countries pledge funds for aid to...

Delegates from the 57 Organization of Islamic Cooperation (OIC) countries gathered on December 19 in a special session in the Pakistani capital of Islamabad to set up a humanitarian trust for Afghanistan as the country faces a harsh winter where millions of people could starve. The conference was the largest international summit on Afghanistan since […]

Review of Citi Fourth Quarter 2021 Resul...

NEW YORK – (BUSINESS WIRE) – Dec. 17 2021– Citigroup will release its fourth quarter results via a press release at approximately 8:00 am ET on Friday, January 14, 2022. At 11:00 am ET, results will be reviewed via live webcast and conference call. The press release, webcast and presentation materials will be available at […]

Initiatives to stimulate domestic and fo...

The government has taken various measures to boost domestic and foreign investment in India. These include reducing corporate tax rates, alleviating the liquidity problems of NBFCs and banks, improving the ease of doing business, FDI policy reforms. , reduction of the compliance burden, policy measures to boost domestic manufacturing through government orders, phased manufacturing program […]

Banking secrecy law: opinion on proposal...

What GAO found Money-issuers and non-profit organizations that transfer funds to recipients in countries at high risk of money laundering or terrorist financing have reported bank account closures and delays or denials of requests fund transfer. These banking access challenges can affect the provision of financial support and humanitarian aid in areas experiencing political conflict […]

UMB Bank selected as custodian of the CO...

KANSAS CITY, Missouri – (COMMERCIAL THREAD) – UMB Bank, na, subsidiary of UMB Financial Company (Nasdaq: UMBF), announces today that it has been selected to serve as custodian for the Colorado Local Government Liquid Asset Trust (COLOTRUST), a local government investment pool established in 1985 and accessible to all counties, Colorado towns, cities and school […]

FRB emphasizes the need for risk managem...

United States: FRB highlights the need for risk management in lending to private funds December 16, 2021 Cadwalader, Wickersham & Taft LLP To print this article, simply register or connect to Mondaq.com. In a supervisory and regulatory letter to institutions with large derivative portfolios and investment fund relationships, the Federal Reserve (“FRB”) reiterated previously expressed […]

The banking sector plays an important ro...

Information (The Jakarta Post) Jakarta ● Thu, December 16, 2021 2021-12-16 08:00 0 80b04866dbf68f0d9c7f00902f060c6f 4 Informative To free After two weeks of deliberations around the world on how best to tackle the climate, COP 26 concluded in November 2021 with results ranging from pledges for billions of climate change investments to elimination gradual negation of […]

Retail Opportunity Investments Corp. an...

SAN DIEGO, December 15, 2021 (GLOBE NEWSWIRE) – The Board of Directors of Retail Opportunity Investments Corp. (NASDAQ: ROIC) announced today that it has concluded the board refresh and governance review it launched following its 2021 annual meeting and has appointed Zabrina Jenkins and Adrienne Banks Pitts in as independent directors, as of December 15, […]

Barings Mutual Funds now consolidated wi...

SPRINGFIELD, Mass .– (BUSINESS WIRE) – December 13, 2021– Massachusetts Mutual Life Insurance Company (MassMutual) today announced that the consolidation of Barings’ mutual funds with MassMutual Funds 1 on the MassMutual Investments 2 platform announced earlier this year has been approved by the fund’s shareholders, and the funds were transferred successfully. This press release features […]

France plans 8 billion investment in joi...

The investment would help Franco-Italian semiconductor maker STMicroeleconics increase its weekly production from 6,800 chips to 8,000 in Crolles, in south-eastern France. France aims to inject 8 billion euros ($ 9.0 billion) into joint European investment projects for batteries, semiconductors, hydrogen and the health sector, the minister said on Friday. of Finances Bruno Le Maire. […]

Russell Investments strategists see mode...

SEATTLE – (COMMERCIAL THREAD) – Russell Investments strategists predict 2022 to be a year of moderation for economic growth, inflation and returns on investment, and they believe the global economy is poised for another year of growth. Overall, the team’s Global Market Outlook 2022 maintains a moderately positive medium-term view for global equities. “After a […]

Neo-bank on innovation – The Bull & Bear

The COVID-19 pandemic has catalyzed technology adoption and accelerated innovation even in the most static industries. Long-standing financial institutions in the Western world have not been immune to the changing tides. With home orders limiting mobility in society, people needed online bank accounts to meet their personal banking needs and turned to a growing cohort […]

Temporary closure of 9 Wells Fargo Color...

Finance giant Wells fargo, Colorado Springs and statewide, the largest bank, recently temporarily closed nine Front Range branches to address a worsening labor shortage affecting many employers. Anthony Timmons, a spokesperson for Wells Fargo in Las Vegas, said by email that the company had closed branches “due to staff constraints and the branches would resume […]

Apollo Global takes over financial manag...

Apollo Global Management is buying the US $ 5 billion wealth distribution and asset management business from retail manager Griffin Capital, an Apollo spokesperson said in an email. Terms of the contract are not disclosed. Griffin has “one of the only large-scale distribution teams” in the United States exclusively focused on alternative investments. Apollo executives […]

BMO Reports Fourth Quarter Earnings of $...

Photo: The Canadian Press BMO Financial Group increased its quarterly dividend by 25% and beat expectations as it reported nearly $ 2.2 billion in fourth quarter earnings, up from nearly $ 1.6 billion in the same quarter last year. last year. The bank said on Friday it would now pay a quarterly dividend of $ […]

Amundi US Reports Monthly Distributions ...

BOSTON – (BUSINESS WIRE) – December 1, 2021– Amundi US today announced the declaration of dividends from six closed Pioneer funds for December 2021. Departure date: December 10, 2021 Recording date: December 13, 2021 Payable: December 20, 2021 Teleprinter Taxable funds Distribution Per share Change The preceding month HNW Pioneer Diversified High Income Fund, Inc. […]

Powell’s warning: Fed to tighten credit

By CHRISTOPHER RUGABER, economic editor of the AP WASHINGTON (AP) – Federal Reserve Chairman Jerome Powell on Tuesday took a sudden and unexpected turn to tighten consumer and business credit amid growing concerns over high inflation. Powell has signaled that the Fed will likely move faster to phase out its ultra-low interest rate policies even […]

Chinese economy: what future for the Asi...

Despite economic growth projections of 8% this year, China is struggling to overcome many economic challenges on its own. The debt problems of the country’s largest real estate developers – led by China Evergrande, which owes more than $ 300 billion (266 billion euros) – threaten to explode the real estate market. New home sales […]

Certain BlackRock Closed End Funds Annou...

NEW YORK – (BUSINESS WIRE) – November 19, 2021– BlackRock Advisors, LLC announced today that the boards of directors / trustees of six BlackRock Limited Time Closed-End Funds (the “Funds”) have authorized open market share buyback programs (the “Redemption Programs”). »Under which each Fund may redeem, until November 30, 2022, up to 5% of its […]

Why public banking is a step towards rev...

PHOTO COURTESY OF TWITTER / @ SANTIAGOAD53 The potential of public banks – or the management of taxpayer funds through state-controlled financial institutions rather than private banks – became real to me in my city council member’s office in the spring of 2019. A group of us had spread out through City Hall to talk […]

Voya Equity Closed-End Funds Declare Dis...

SCOTTSDALE, Arizona – (BUSINESS WIRE) – November 15, 2021– Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), today announced the monthly distribution on the common shares of one of its closed-end funds. With regard to the Fund, the distribution will be paid on December 15, 2021 to shareholders of record […]

Blend will participate in the CITI FinTe...

SAN FRANCISCO – (BUSINESS WIRE) – November 11, 2021– Blend Labs, Inc. (NYSE: BLND), a leader in cloud banking software, today announced that Blend President Tim Mayopoulos will participate in a fireside virtual conversation at the CITI FinTech conference on Thursday, 18 November 2021. Discussion will begin at 10:30 am ET / 7:30 am PT. […]

Goldman Prepares $ 40.6 Billion for Alte...

HONG KONG (BLOOMBERG) – The Goldman Sachs Group is set to invest at least US $ 30 billion (S $ 40.6 billion) in alternative Asian assets over the next five years after reorganizing its operations and launching a aggressive campaign to raise outside funds with the aim of overtaking investment giants such as KKR & […]

Allen Winmill Joins Gateway First Bank a...

JENKS, Oklahoma .– (COMMERCIAL THREAD) – Gateway First Bank today announced the arrival of Allen Winmill, CPA, MPA, as Chief Accounting Officer. In this role, Winmill will be responsible for corporate accounting, implementation of technical accounting standards, regulatory reporting, preparation and filing of taxes and accounts payable. “Allen has been working with Gateway since mid-July […]

Founders First closes oversubscribed Ser...

The company raised $ 11 million in Series A to accelerate funding and advisory support to small businesses run by various SAN DIEGO, November 09, 2021 (GLOBE NEWSWIRE) – Founders First Capital Partners (Founders First), the leading income-based advisory and funding investment platform for underserved and diverse small businesses, today announced it has closed an […]

S&P Global Market Intelligence 2022 Bank

Released by S&P Global Market Intelligence’s Financial Institutions Research Team, the report says excess liquidity created by government relief efforts and forbearance provided by U.S. banks will remain on their balance sheets for the foreseeable future, leaving bank margins below pre-pandemic levels for the next few years. In a tough earnings environment and a changing […]

Public banking has the potential to trul...

The potential of public banks – or the management of taxpayer funds through state-controlled financial institutions rather than private banks – became real to me in my city councilor’s office in the spring of 2019. One a group of us had spread out through City Hall to talk with each board member about the benefits […]

Mike Eisenga Answers: How involved are p...

Many business successes have been fueled by investments from private equity firms. Michael Eisenga explains how involved these companies are. UNITED STATES, November 4, 2021 /EINPresswire.com/ – There are countless stories of private equity firms turning relatively small and unknown companies into powerful success stories. Backed by large investments, the drive to succeed, and industry […]

Racial Equity Initiative Launches $ 250 ...

PHOTO | JOHNSON C. SMITH UNIVERSITY Johnson C. Smith University has received millions of dollars of investment under the Mayor’s Racial Equity Initiative to address inequalities and remove barriers to economic opportunity. A $ 250 million initiative to promote racial equity by investing in Charlotte’s historically neglected communities of color. Political, business, community and philanthropic […]

AfDB to integrate AfCFTA to boost trade ...

By Kester Kenn Klomegah Russian VTB Capital and Credit Suisse have agreed to pay US and UK authorities fines for their role in a commercial fraud, known as the “hidden debt” scandal since 2013 in Maputo, Mozambique. According to reports, after the final ruling on the case, the US Securities and Exchange Commission (SEC) announced […]

Wells Fargo to Present at BancAnalysts A...

SAN FRANCISCO – (BUSINESS WIRE) – October 29, 2021– Wells Fargo & Company (NYSE: WFC) announced today that Consumer Lending CEO Mike Weinbach will present at the BancAnalysts Association of Boston conference on Friday, November 5, 2021 at 9:40 a.m. ET. This press release features multimedia. See the full version here: https://www.businesswire.com/news/home/20211029005075/en/ Wells Fargo Bank […]

KKR to Present at BofA Securities 2021 B...

NEW YORK – (BUSINESS WIRE) – October 27, 2021– KKR & Co. Inc. (NYSE: KKR) today announced that Pete Stavros, Partner and Co-Head of Private Equity for the Americas, will attend the BofA 2021 Banking and Financials conference on Wednesday, November 10, 2021 at 1 p.m. 40 ET. A live webcast of the presentation will […]

BlackRock improves its range of climate ...

The world’s largest asset manager has revamped a number of its exchange-traded funds (ETFs) with the goal of making them the largest lineup of such climate-aligned products. BlackRock’s iShares ESG Enhanced UCITS ETFs have over $ 9 billion in assets under management. The main change announced by BlackRock today (October 26) concerns the update of […]

Cooperative bank in shock merger approac...

The Co-operative Bank has taken a bold approach to a merger with TSB in a move that could spark a new wave of consolidation among mid-sized UK lenders. Sky News learned that the Co-operative Bank contacted TSB’s Spanish owner Banco Sabadell earlier this month to assess its appetite for a deal. Picture: The Spanish owner […]