City National Bank

City National Bank Names Rick Bechtel as Head of Mortgage & Residential Lending

Retrieved on:

Dienstag, Mai 7, 2024

Management, University, City National Bank, Business administration, Head, City, Master of Business Administration, Bachelor of Business Administration, Real estate

LOS ANGELES, May 07, 2024 (GLOBE NEWSWIRE) -- City National Bank announced today that Rick Bechtel has joined the bank as executive vice president and head of mortgage & residential lending.

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LOS ANGELES, May 07, 2024 (GLOBE NEWSWIRE) -- City National Bank announced today that Rick Bechtel has joined the bank as executive vice president and head of mortgage & residential lending.
Bechtel brings with him more than 30 years of experience in the residential lending industry with expertise in building and optimizing mortgage, home equity and consumer lending businesses.
Bechtel will be based in Los Angeles, reporting to David Cameron, executive vice president and head of consumer at City National Bank.
Rick will be responsible for building and executing a comprehensive mortgage strategy for the bank, leading its residential lending sales, operations, capital markets and servicing teams.

Sunwest Bank Adds Kevin Cutter as Arizona Regional President

Retrieved on:

Mittwoch, Mai 8, 2024

Cutter, Real estate, City National Bank, Pacific Premier Bancorp, Credit management, Pacific Ocean, Region, Business, SVP, Bank, Commercial bank, Burns, University of Denver, Multimedia, Construction, Growth

SANDY, Utah, May 8, 2024 /PRNewswire/ -- Sunwest Bank is pleased to announce the addition of Kevin Cutter as its new SVP, Regional President leading the Arizona Commercial Banking Division. In this role, Cutter is responsible for the development and coordination of all banking relationships, including profitability, strategic goals, and policies. He will also be responsible for creating and managing a cross-functional strategy to grow revenue in the local market through the growth of client and prospective client relationships.

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SANDY, Utah, May 8, 2024 /PRNewswire/ -- Sunwest Bank is pleased to announce the addition of Kevin Cutter as its new SVP, Regional President leading the Arizona Commercial Banking Division.
"We are delighted to have Kevin join Sunwest Bank," said Don Satiroff, Chief Banking Officer at Sunwest Bank.
Previously, he held several roles at City National Bank, including Senior Vice President, Credit Manager, Commercial Banking Real Estate, Vice President, Senior Relationship Manager, Commercial Banking, Vice President, Senior Credit Officer, and Commercial Banking.
"I'm thrilled to be part of the Sunwest Bank team," exclaimed Kevin Cutter, Arizona Regional President.

Silvercrest Asset Management Group Inc. Reports Q1 2024 Results

Retrieved on:

Donnerstag, Mai 2, 2024

Net income, Forgiveness, City National Bank, Travel, Depreciation, Class, Earnings per share, AUM, Eastern Time Zone, Bank statement, GAAP, Security (finance)

Silvercrest’s discretionary assets under management increased by $1.4 billion, or 6.6%, to $22.7 billion at March 31, 2024, from $21.3 billion at March 31, 2023.

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Silvercrest’s discretionary assets under management increased by $1.4 billion, or 6.6%, to $22.7 billion at March 31, 2024, from $21.3 billion at March 31, 2023.
Silvercrest’s total AUM increased by $4.6 billion, or 15.4%, to $34.5 billion at March 31, 2024, from $29.9 billion at March 31, 2023.
Silvercrest’s discretionary assets under management increased by $0.8 billion, or 3.7%, to $22.7 billion at March 31, 2024, from $21.9 billion at December 31, 2023.
Silvercrest Asset Management Group Inc.’s total equity was $83.9 million at March 31, 2024.

Venus Concept Announces Loan Purchase and Completion of First Phase of Refinancing

Retrieved on:

Mittwoch, April 24, 2024

City National Bank, Puerto Madryn, CNB, Annual report, Communication, MD, Partnership, Federal Reserve Act, Indian Forest Act, 1927, Federal Reserve, Security, Growth, Security (finance)

Following close of the MSLP Loan Purchase, Venus Concept and Madryn entered into a Loan and Security Agreement (“Madryn Loan Agreement”), dated April 23, 2024, pursuant to which Madryn provides an aggregate principal amount of up to $5.0 million in debt financing to the Company to support near-term liquidity requirements.

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Following close of the MSLP Loan Purchase, Venus Concept and Madryn entered into a Loan and Security Agreement (“Madryn Loan Agreement”), dated April 23, 2024, pursuant to which Madryn provides an aggregate principal amount of up to $5.0 million in debt financing to the Company to support near-term liquidity requirements.
A principal amount of $2.0 million net of transaction fees was drawn by the Company at the close of the transaction.
As of December 31, 2023, the MSLP Loan had an outstanding balance of $51.3 million.
Madryn’s purchase of our outstanding senior debt facility and extension of bridge financing provides critical support in this process.

9-Time GRAMMY® Winner Sheryl Crow and Sens. John Cornyn and Amy Klobuchar to Be Honored at the GRAMMYs on the Hill® Awards

Retrieved on:

Dienstag, April 23, 2024

Sponsored by City National Bank and benefitting the GRAMMY Museum®, this year's awards will honor nine-time GRAMMY® winner Sheryl Crow and Sens.

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Sponsored by City National Bank and benefitting the GRAMMY Museum®, this year's awards will honor nine-time GRAMMY® winner Sheryl Crow and Sens.
John Cornyn (R-TX) and Amy Klobuchar (D-MN) for their contributions to support music creators.
From left to right: Sen. Amy Klobuchar (D-MN); nine-time GRAMMY Award winner Sheryl Crow; Sen. John Cornyn (R-TX).
Crow is a nine-time GRAMMY winner and was inducted into the Rock and Roll Hall of Fame in 2023.

Great Elm Capital Corp. Prices Public Offering of $30,000,000 of 8.50% Notes Due 2029

Retrieved on:

Dienstag, April 9, 2024

City National Bank, Loan, PALM, Security agreement, Sale, Security (finance), Prospectus, Investment, Note, BEACH

The Company has also granted the underwriters a 30-day option to purchase up to an additional $4,500,000 aggregate principal amount of Notes to cover over-allotments, if any.

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The Company has also granted the underwriters a 30-day option to purchase up to an additional $4,500,000 aggregate principal amount of Notes to cover over-allotments, if any.
The closing of the transaction is subject to customary closing conditions, and the Notes are expected to be delivered on or about April 17, 2024.
Ladenburg Thalmann & Co. Inc., InspereX LLC, Janney Montgomery Scott LLC and Piper Sandler & Co. are acting as joint book-running managers for the offering.
The information in this press release and the preliminary prospectus is not complete and may be changed.

Great Elm Capital Corp. Announces Public Offering of Unsecured Notes

Retrieved on:

Dienstag, April 9, 2024

City National Bank, Loan, PALM, Security agreement, Sale, Prospectus, Note, Investment, BEACH, Security (finance)

PALM BEACH GARDENS, Fla., April 09, 2024 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (the “Company” or “GECC”) (NASDAQ: GECC) announced today the commencement of an underwritten public offering of unsecured notes due 2029 (the “Notes”).

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PALM BEACH GARDENS, Fla., April 09, 2024 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (the “Company” or “GECC”) (NASDAQ: GECC) announced today the commencement of an underwritten public offering of unsecured notes due 2029 (the “Notes”).
The Notes are expected to be listed on The Nasdaq Global Market under the trading symbol “GECCI,” and to trade thereon within 30 days from the original issue date.
The interest rate and other terms of the Notes will be determined by negotiations between the Company and the underwriters.
Ladenburg Thalmann & Co. Inc., InspereX LLC, Janney Montgomery Scott LLC and Piper Sandler & Co. are acting as joint book-running managers for the offering.

Recordings by Buena Vista Social Club, De La Soul, Guns N’ Roses, Lauryn Hill, Charley Pride, and More Inducted to GRAMMY Hall of Fame®

Retrieved on:

Mittwoch, März 20, 2024

Today, the Recording Academy® revealed the 2024 inducted recordings to the distinguished GRAMMY Hall Of Fame® on its 50th anniversary.

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Today, the Recording Academy® revealed the 2024 inducted recordings to the distinguished GRAMMY Hall Of Fame® on its 50th anniversary.
The inducted recordings will be honored at GRAMMY Museum’s inaugural GRAMMY Hall Of Fame Gala and concert presented by City National Bank on May 21, 2024 at the NOVO Theater in Los Angeles.
For a full list of 2024 recordings inducted into the GRAMMY Hall Of Fame, see below or visit here .
With 10 new titles, the Hall, now in its 50th year, currently totals 1,152 inducted recordings in the GRAMMY Hall Of Fame.

Camilla Walker Receives Wayfinder Award

Retrieved on:

Mittwoch, März 27, 2024

City National Bank, Mental, University, Aspen, Wayfinder Family Services, Child, Volunteering, Organic, Wayfinder, Walker, Disability, The Conversation, Aspen Institute

LOS ANGELES, March 27, 2024 /PRNewswire/ -- Wayfinder Family Services recently honored banking executive Camilla Walker at The Conversation.

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LOS ANGELES, March 27, 2024 /PRNewswire/ -- Wayfinder Family Services recently honored banking executive Camilla Walker at The Conversation.
Over 200 guests gathered at the Jonathan Club in downtown Los Angeles for the luncheon and panel discussion co-presented by Wayfinder Family Services and the Aspen Institute.
Walker is a senior vice president and senior relationship manager within the commercial banking division of City National Bank and an alumna of the University of Georgia, where she graduated summa cum laude.
Walker shared her passion for Wayfinder, "There are a lot of charities in Los Angeles that you can give your time and donations to, but what sets Wayfinder apart is that it all-encompassing … from child welfare and disabilities to mental health services.

Novogradac Renewable Energy Conference Spotlights Inflation Reduction Act Topics

Retrieved on:

Dienstag, März 26, 2024

SAN FRANCISCO, March 26, 2024 /PRNewswire-PRWeb/ -- Renewable energy development professionals and financiers will discuss the practical application of elements of the 2022 Inflation Reduction Act (IRA) at the Novogradac 2024 Spring Renewable Energy Tax Credits Conference, to be held May 16-17, 2024, at the Rancho Bernardo Inn in San Diego. Understanding adders, learning more about the investment tax credit (ITC) equity market and monetizing the production tax credit (PTC) are among the hot topics in the renewable energy tax credit (RETC) community slated for discussion.

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Energy Experts to Address Storage, ITC Equity, Adders and More May 16-17, 2024
SAN FRANCISCO, March 26, 2024 /PRNewswire-PRWeb/ -- Renewable energy development professionals and financiers will discuss the practical application of elements of the 2022 Inflation Reduction Act (IRA) at the Novogradac 2024 Spring Renewable Energy Tax Credits Conference , to be held May 16-17, 2024, at the Rancho Bernardo Inn in San Diego.
Understanding adders, learning more about the investment tax credit (ITC) equity market and monetizing the production tax credit (PTC) are among the hot topics in the renewable energy tax credit (RETC) community slated for discussion.
"I'm excited to return to San Diego for a discussion with leading industry experts in renewable energy tax credits," said Nat Eng, CPA, a partner in Novogradac's Walnut Creek, California, office and conference chair.
"I'm excited to return to San Diego for a discussion with leading industry experts in renewable energy tax credits," said Nat Eng, CPA, a partner in Novogradac's Walnut Creek, California, office and conference chair.