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People on the Move: March 11

People on the Move is an overview of recent hirings, promotions, appointments, and other notable moves by state professionals. If you would like to submit an application, please contact [email protected] Rita Landgraf | Photo courtesy of DBT President Joe Biden appointed Rita Landgraf for the Assistant Secretary for Aging at the US Department of Health […]

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 […]

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, […]

Farmers Bank completes technical convers...

CANFIELD, Ohio — Farmers National Bank Corp. today announced that it has completed the technical conversion with Cortland Bancorp Inc. Technical conversion gives Cortland customers access to Farmers’ digital banking options, as well as its wealth management division, which includes private banking, trust, retirement, insurance and investment services , according to a press release. The […]

Rolfe takes a historic route to lead Wic...

WICHITA, Kan. (KWCH) – The path to an influential leadership role in the Wichita business community has not been easy or sudden for John Rolfe. He became the first African American to be named president and CEO of the Wichita Regional Chamber of Commerce after years of hard work and perseverance. Long before becoming president […]

Black takes the reins of BSE | Business

If a company is “in the dark”, it is considered a good thing. Today, one of Emporia’s oldest companies is pinning its future on a man named Black. Michael Black became president and CEO of ESB Financial on Wednesday. At least, that’s how he understands it. “It was official, the last board meeting,” Black said […]

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 […]

Nigeria: Ministry of Finance, CBN and ot...

The Federal Ministry of Finance, the Central Bank of Nigeria (CBN), the Office of the Accountant General of the Federation and other agencies of the Federal Government yesterday voiced their support for the House of Representatives inquiry into the unclaimed funds in commercial banks as well as on unremitted funds. funds collected on behalf of […]

Central Maine Business Briefings: Kenneb...

Stephanie Purnell Photo submitted AUGUSTA – Kennebec Savings Bank President and CEO Andrew Silsby recently announced that Stephanie Purnell has been hired as the bank’s branch manager at Waterville Main Street, according to a bank press release. Among other responsibilities, Purnell is responsible for the day-to-day management of the branch and staff, developing new business […]

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 […]

Government allows exporters to make equi...

Bangladeshi exporters will now be able to make equity investments overseas, subject to an adequate balance of their Export Retention Quota (ERQ) – a portion of the export earnings they have saved in the form of foreign currency . Exporters will be able to invest, in the form of equity, the lowest amount between 20% […]

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 […]

Experts suggest more funds for education...

The 2022 Union budget session will start on January 31. An expert highlighted the difficulties faced by students and the impact of Covid-19 on the Indian economy. Financial budget 2022: Indian economy experts NEW DELHI: Two years of the Covid-19 pandemic have weakened the Indian economy. Ahead of the next budget session, experts are calling […]

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 […]

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, […]

Actors: January 10-16, 2022 | Springfie...

Bank and financePromoted Guarantee Bank Carrie Eakins to the Deputy Director of Retail Banking at his Farmers Park branch. She started her career as a bank teller in 2017 and was promoted to representative of market agency bankers in 2019 and specialist of market agency bankers in early 2021. Central Bank of the Ozarks added […]

Taipei Fubon Bank chooses Avaloq to deve...

Taipei Fubon Bank, one of Taiwan’s largest commercial banks, has partnered with Avaloq to create a state-of-the-art wealth management platform for its private banking business in Hong Kong, Singapore, as well as on land, in Taiwan. In order to develop a scalable and integrated solution for its growing private banking business, the bank is partnering […]

Alliance for Action announces new leader...

Amanda Del Bene, investment banker, first woman to chair the board of directors December 20, 2021 The Alliance for Action of New Jersey elected its first woman to chair the board, Amanda Del Bene, Managing Director of Public Finance Investment Banking at Raymond James & Associates, Inc. She was selected by the board of administration […]

Osinbajo: FG to conduct agency audit to ...

Vice President Yemi Osinbajo unveiled the federal government’s plans to embark on a more aggressive accountability audit of various government agencies to identify bureaucratic bottlenecks and remove them in a renewed effort to further improve the business environment and economy of the country. According to Osinbajo, development will in turn encourage more local and foreign […]

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, […]

Brac Bank and BFDS partner to provide ea...

The Brac Bank and the Bangladesh Freelancer Development Society (BFDS) have teamed up to provide simple and seamless banking services to self-employed people in the country. The bank and BFDS, the forum that facilitates the work and businesses of the freelance community, have signed a memorandum of understanding, a collaboration that reflects the two organizations’ […]

6 forecasts for the bank in 2022 | Bank...

The year 2021 has brought many unexpected events. On the one hand, the country is still battling a pandemic, which many had long hoped to be over. On the other hand, stimulus checks, fintechs and social media celebrities have helped create a new class of amateur investors, who have brought previously obscure and volatile investments […]

Development plan of the board of directo...

By JAMES MacPHERSON, Associated Press BISMARCK, ND (AP) – A longtime lawmaker and retired grocer was chosen on Wednesday to lead an advisory board developing guidelines for investments in the state from the approved oil tax savings account by voters in North Dakota. Republican Senator from Fessenden, Jerry Klein, was elected chairman of the new […]

LOCAL BUSINESS DOCUMENTS: December 4, 20...

The store will host the Christmas Open Day GOSHEN – Cycle Works of Goshen invites the public to the store’s 19th Annual Christmas Open House on December 18 at 1210 E. Lincoln Ave. The event will start at noon. Holiday snacks and drinks will be served. There will be in-store discounts and draws for door […]

Fidelity Investments Canada ULC Launches...

~ Leverage Institutional Level Security and Fidelity’s Global Leadership in Bitcoin and Blockchain ~ TORONTO, December 2, 2021 / CNW / – Fidelity Investments Canada ULC, one of from Canada leading investment management firms, today announced the launch of the Fidelity Advantage Bitcoin ETF™ and the Bitcoin Fidelity Advantage ETF fund™ for investors looking for […]

EDB’s new Business Banking app receives

UAE Development Bank [EDB] announced that its new Business Banking app received the product of the year award at the 2021 Fintech Abu Dhabi Awards. This is a major recognition for the EDB application a few months after its launch. The award recognizes the importance of the Business Banking app, which has been designed to […]

Electric Vehicles, Growth Fuel High Octa...

Strategic and financial investments are pouring into the Indian automotive sector after a lull of almost half a decade. Increased electrification and aggressive growth plans by global auto players are paving the way for renewed investor confidence. Earlier this week, Japanese multinational Kubota Corp said it would inject 9,400 crore yen into the Nanda family-owned […]

Activists disguised as ‘Squid Game’ char

Netflix’s “Squid Game” puts the characters in life and death situations. And protesters say climate change is a life and death situation. “The world is on fire,” says Joo-Jin Kim of Solutions For Our Climate. “The world is definitely on fire. We must complete coal-fired electricity by 2030.” A protest on the banks of the […]

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 […]

Mississippi Nonprofit Receives $ 10,000 ...

NATCHEZ, Miss – (COMMERCIAL THREAD) – Natchez-Adams County Habitat for Humanity (Natchez-Adams Habitat) received a Partnership Grants Program (PGP) award of $ 10,000 from Home Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) at a check presentation ceremony this week. The organization will use the funds to cover administrative, accounting and insurance […]

DBS Bank helps small businesses in India...

DBS Bank India is developing the factors for businesses to plan for a better recovery at the intersection of digitization, supply chain management and net zero goals, including its commitment to zero food waste. Financing a new green world, this discussion helps to make sense of how to bring together multiple objectives in the transition […]

Outlook: Should the US Postal Service Gr...

YES: affordable financial services would be accessible in each community at local post offices By Nicole Ndumele The U.S. Postal Service recently launched a Postal Banking Pilot Program that allows customers to cash paychecks and business checks up to $ 500 in four cities: Washington, Baltimore, the Bronx and Falls Church, Va. . This modest […]

Osinbajo and Emefiele Seek Investments i...

Yesterday Vice President Yemi Osinbajo, Central Bank of Nigeria (CBN) Governor Godwin Emefiele and Lagos State Governor Babajide Sanwo-Olu pleaded for increased investment in the health sector to reduce the 6 billion naira spent. on medical tourism every year. The trio made the call in Lagos at the inauguration of Duchess International Hospital, a multi-million […]

Robert Keil, Senior Financial and Paymen...

ATTIC, Ohio – (COMMERCIAL THREAD) – Sutton Bank announced today that Robert C. Keil has joined the Bank and Sutton Payments as SVP, Chief Payments Officer. Robert will provide strategy, direction and growth initiatives to Bank Sutton’s existing payments business lines as the bank continues to expand its products and services into the market. “Robert […]

AUB ready for competition in digital ban...

Lawrence Agcaoili – The Filipino Star October 21, 2021 | 00h00 MANILA, Philippines – Rebisco Group’s banking arm, Asia United Bank (AUB), strengthens its digital platform as it continues to prepare for intense competition from new entrants, especially in the digital bank. The banking arm of the Rebisco group, Asia United Bank (AUB), is strengthening […]

Morgan Stanley Poll: Pension Funds Pave ...

NEW YORK – (BUSINESS WIRE) – October 20, 2021– According to a new report and survey released by Morgan Stanley, while a large majority of pension funds say that including gender and race diversity in investment decisions can be financially beneficial, more than the half of asset owners globally say they think they have to […]

How gender-focused investments can stren...

The Covid-19 crisis has shone the spotlight on the challenges facing women in Africa, who already carried a heavy burden of care. The funding gap for women-owned businesses in sub-Saharan Africa and for women-led fund managers is currently estimated at $ 42 billion, in often neglected sectors and in industries where women are economically active. […]

Balasubramanian elected president of the...

Balasubramanian was elected President of the Association of Mutual Funds in India at the recent AMFI Board of Directors meeting. Balasubramanian is CEO of Aditya Birla Sun Life Asset Management. He would succeed Nilesh Shah, Managing Director of Kotak Mutual Fund. Balasubramanian previously served as AMFI President between 2017 and 2019 and will now continue […]

Chamath Palihapitiya Net worth, age, chi...

The net worth of Chamath Palihapitiya confirms that one can become a self-made billionaire if he is skilled, determined, hardworking and has the necessary resources. Chamath is a supporter of Special Purpose Acquisition Companies (SPACs), which allow private companies to go public with less control from the SEC. He made a great fortune from his […]

Colorado Springs Movers & Shakers | Bus

Laura Rosendo joined the Pikes Pikes Peak Hospice Foundation in Colorado Springs as Executive Director. She was Director of Development and Head of Major Gifts at Colorado College, Head of Business Development at Regis University, and Head of the Communications and Outreach Program at the US Anti-Doping Agency. Luis Rosales and Luc Smith joined Academy […]

Business People: Equitable Bank Announce...

Gdowski is a graduate of the University of Nebraska-Lincoln. He is also a graduate of the NBA Commercial Lending School and NBA Ag Lending School programs. He is Treasurer of the Board of Directors of Railside BID, a member of the Grand Island Chamber of Commerce Young Professionals group and was a 2018 winner of […]

Encore Bank adds Birmingham, Alabama mar...

Encore Bank announced on Wednesday (October 6) its expansion to Birmingham, Alabama. The Little Rock-based boutique bank announced it has added two senior bankers to its team to lead the expansion. “Encore is committed to serving our customers and communities in extraordinary ways,” said Phillip Jett, vice president and chief banking officer of Encore Bank. […]

most influential women in banking | Bes...

As part of the American Banker’s Most Powerful Women in Banking and Finance program, we have selected five “best teams” for 2021. Citigroup is one of the team winners. To view the assessment criteria for the Top Teams category, please scroll to the end. CitigroupHeadquarter: new YorkAssets: $ 2.2 trillionFemale representation among corporate officers: 45%Female […]

OppFi Extends Bank Credit Facility to Su...

CHICAGO – (BUSINESS WIRE) – October 5, 2021– OppFi Inc. (NYSE: OPFI) (” OppFi “), a leading fintech platform that enables banks to help everyday consumers access credit, today announced it has extended its existing bank credit facility by $ 25 million OppFi plans to use the expanded facility in part to support the growth […]

Dock strengthens its board of directors ...

SÃO PAULO – (COMMERCIAL THREAD) – Dock, an innovator in financial technology infrastructure in Latin America, announced the expansion of its board of directors with the appointment of three executives from the world’s largest publicly traded companies. The new board members are Sam Shrauger, Global Head of Payments, Chairman and CEO of Airbnb Payments Inc. […]

BUSINESSMEN

ACCOUNTING Christine Price was recently promoted to Tax Director at Garland & Greenwood CPAs and Advisors, PLLC, and Jared Garner was hired as an accountant. AGRICULTURE Arkansas Secretary of Agriculture Wes Ward has been elected secretary-treasurer of the National Association of State Departments of Agriculture for 2021-2022. BANKING Encore Bank has announced the arrival of […]

Helix Announces $ 80 Million Asset Credi...

HOUSTON – (COMMERCIAL THREAD) – Helix Energy Solutions Group, Inc. (“Helix”) (NYSE: HLX) today announced that it has entered into a new $ 80 million revolving asset-based credit facility (the “ABL Facility”) with a syndicated banking group. The ABL facility replaces Helix’s existing credit facility and term loan, which were simultaneously repaid in full. The […]

Western Union partners with major financ...

NAIROBI – (COMMERCIAL THREAD) –Western Union, a global leader in cross-border and inter-currency money movement and payments, works with major financial institutions in Africa to enable millions of consumers to send and receive cross-border payments, quickly and reliably, 24/7. Customers of KCB Bank Kenya, the Diamond Trust Bank (DTB) and the Postal Savings Bank of […]

Abrdn’s total return bond team withdraws

Vice President and Senior Portfolio Manager Lynn Chen, Senior Portfolio Manager and Sovereign Analyst Rajat Ahuja, Senior Portfolio Manager and Corporate Analyst Svetlin Krastev and Senior Portfolio Manager and Securitized Analyst Michael Waggaman have all joined American Century in September. Nomura AM and American Century Investments launch the Advanced Medical Impact fund The strategy uses […]

NCUA plan would exempt public funds from...

Billions of funds earmarked for credit unions under the Treasury’s emergency capital investment program could be exempt from the National Credit Union Administration’s pending subordinated debt rule. Credit unions would prefer the option of using the ECIP money to meet their risk-based capital requirements, but this would not be possible under the current rule, which […]

PGIM Investments is recruiting a trio of...

Lendormy joined Robeco where he served as Executive Director of the Wholesale Distribution Division and Global Financial Institutions, leading the coordination of GFI. During his 13-year tenure, Lendormy held a number of positions, including EMEA Key Account Manager for GFI, UK Wholesale Distribution Manager and Fixed Income Portfolio Manager. Prior to joining Robeco, Lendormy held […]

New Statement of Expectations for the Au...

The Morrison government today released a new statement of expectations for the Australian Securities and Investments Commission (ASIC), outlining government priorities and ASIC’s expectations. Statements of expectations are issued by ministers to regulatory bodies within their ministerial portfolios to provide greater clarity on relevant government policies and objectives. The publication of a new Statement of […]

Teriyaki Restaurant Debuts in Clarkston ...

A former Hawaiian and his wife bring the food and culture from his former home in Clarkston to Ho’okipa’s Teriyaki Hut, a food trailer they opened in the parking lot of 360 Gymnastics, 1489 Poplar St. One of the most popular dishes is a teriyaki chicken plate that sells for $ 8.50, said Albert Szakacs, […]

Business Monday ETC. : edition of Augus...

Agawam company obtains a labor subsidy Belt technologies, a manufacturer of metal belt conveyor solutions and custom conveyor systems for more than five decades, received a grant of $ 45,600 to help train 24 workers and create at least two new jobs before 2023. The State Executive Office for Work and Workforce Development Workforce Training […]