OneWest Bank

Meridian Capital Group Names Financial Industry Veteran Melissa Martinez as Chief Risk Officer

Retrieved on: 
Vendredi, juin 7, 2024

Meridian Capital Group, one of the nation’s leading commercial real estate finance, investment sales and retail leasing advisors, announced today that it has named Melissa Martinez as the firm’s first Chief Risk Officer, effective June 17, 2024.

Key Points: 
  • Meridian Capital Group, one of the nation’s leading commercial real estate finance, investment sales and retail leasing advisors, announced today that it has named Melissa Martinez as the firm’s first Chief Risk Officer, effective June 17, 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240607161503/en/
    Martinez has more than 20 years of experience in enterprise and compliance risk management at the intersection of finance and real estate, both domestically and internationally.
  • She previously served as Chief Risk Officer for multiple financial institutions, including CoreLogic and OneWest Bank where she was responsible for the refinement and build-out of the company’s enterprise risk management framework and functions.
  • As an industry veteran, Martinez is a recognized and proven leader in building out risk management capabilities that support the proactive management of risk which enables continued growth and value creation.

New York Community Bancorp, Inc. Bolsters Executive Team with Four Strategic Appointments

Retrieved on: 
Vendredi, avril 12, 2024

HICKSVILLE, N.Y., April 12, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) proudly announces the appointment of four distinguished leaders to its executive management team, effective immediately.

Key Points: 
  • HICKSVILLE, N.Y., April 12, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) proudly announces the appointment of four distinguished leaders to its executive management team, effective immediately.
  • These strategic appointments signify the Company's commitment to enhancing its operational capabilities, fortifying its risk and compliance framework, and driving sustainable growth.
  • Joseph Otting, President and CEO, commented, "We are thrilled to welcome Craig, Bao, Scott and James to our executive team.
  • These appointments underscore New York Community Bancorp, Inc.'s commitment to fostering a culture of excellence, innovation, and integrity, as it continues to deliver value to shareholders and service to our customers."

Meridian Capital Group Names Brian Brooks as Chairman & CEO; Ralph Herzka Assumes New Role as Founder & Senior Chairman

Retrieved on: 
Mardi, mars 26, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240326196476/en/
    Mr. Herzka, 62, co-founded Meridian in 1991 and rose to become one of the foremost leaders and innovators in commercial mortgage origination.
  • He will continue to play a key role in the business as Founder and Senior Chairman, focusing on expanding customer, lender and broker relationships and generating additional revenue growth.
  • Mr. Brooks, 54, is a recognized authority on financial services, with decades of government and private sector experience.
  • Under Mr. Herzka’s leadership, Meridian has arranged more than $550 billion in commercial real estate financing for more than 11,000 customers since its founding.

NEW YORK COMMUNITY BANCORP, INC. ANNOUNCES OVER $1 BILLION EQUITY INVESTMENT ANCHORED BY FORMER U.S. TREASURY SECRETARY STEVEN MNUCHIN'S LIBERTY STRATEGIC CAPITAL, HUDSON BAY AND REVERENCE CAPITAL

Retrieved on: 
Mercredi, mars 6, 2024

HICKSVILLE, N.Y., March 6, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) ("NYCB" or the "Company") today announced that Liberty Strategic Capital ("Liberty"), Hudson Bay Capital ("Hudson Bay"), Reverence Capital Partners ("Reverence Capital"), Citadel Securities ("Citadel"), other institutional investors and certain members of the Company's management (collectively, the "Investors") will make a combined over $1 billion investment in the Company, subject to finalization of definitive documentation and receipt of applicable regulatory approvals. Liberty is expected to invest $450 million, Hudson Bay will invest $250 million, and Reverence will invest $200 million as part of the transaction.  

Key Points: 
  • Liberty is expected to invest $450 million, Hudson Bay will invest $250 million, and Reverence will invest $200 million as part of the transaction.
  • Secretary Steven Mnuchin stated, "In evaluating this investment, we were mindful of the Bank's credit risk profile.
  • We enter this next chapter with a strong balance sheet and liquidity position supported by a diversified and retail focused deposit base.
  • Sullivan & Cromwell LLP is serving as legal counsel to Liberty Strategic Capital.

DailyPay Appoints Seasoned Finance Executive Ken Brause as Chief Financial Officer

Retrieved on: 
Mercredi, novembre 1, 2023

NEW YORK, Nov. 1, 2023 /PRNewswire/ -- DailyPay, a leading financial technology company, today announced that Ken Brause joins the company as Chief Financial Officer, reporting to CEO Kevin Coop. Brause will advance DailyPay's financial strategy and capabilities to accelerate company growth. Brause brings more than 35 years of financial services and fintech experience at companies of various sizes and stages of ownership and growth, and has extensive expertise overseeing companies through complicated capital markets transactions and transformations.

Key Points: 
  • NEW YORK, Nov. 1, 2023 /PRNewswire/ -- DailyPay , a leading financial technology company, today announced that Ken Brause joins the company as Chief Financial Officer, reporting to CEO Kevin Coop.
  • "Ken is an exceptional finance leader with a breadth of experience across strategy, financial and operational roles," said DailyPay CEO Kevin Coop.
  • Prior to joining DailyPay, Brause was Senior Advisor and Chief Financial Officer of NYSE- and AIM-listed Burford Capital, a leading global finance and asset management firm.
  • "I'm thrilled to be joining DailyPay at this pivotal time in the company's evolution, as it continues to grow rapidly and improve profitability," said Ken Brause.

Industry Expert, Marc Heenan Joins RCN Capital as New Managing Director of Growth and Strategy

Retrieved on: 
Lundi, octobre 30, 2023

SOUTH WINDSOR, Conn., Oct. 30, 2023 /PRNewswire/ -- RCN Capital , a leading nationwide private lender specializing in providing financing for real estate investors, has announced that real estate finance industry expert, Marc Heenan will be joining the company as its new Managing Director, Growth and Strategy.

Key Points: 
  • SOUTH WINDSOR, Conn., Oct. 30, 2023 /PRNewswire/ -- RCN Capital , a leading nationwide private lender specializing in providing financing for real estate investors, has announced that real estate finance industry expert, Marc Heenan will be joining the company as its new Managing Director, Growth and Strategy.
  • In his role at RCN Capital, Mr. Heenan will be responsible for evaluating new loan products and leading channel opportunities to propel the company's efforts to provide cutting-edge financing options for real estate investors.
  • Additionally, Mr. Heenan will work to identify and develop new strategic partnerships that benefit RCN and its clients.
  • "I am excited to join RCN Capital, a company that I have long admired for its ability to provide creative financing solutions and best-in-class service to its customers, regardless of market cycle, said Marc Heenan, new Managing Director of Growth and Strategy.

Hashdex Announces Addition of Brian Brooks to Board of Directors

Retrieved on: 
Jeudi, juillet 20, 2023

New York / Rio de Janeiro / London, July 20, 2023 – Hashdex , a leading global crypto-focused asset manager, today announced that Brian Brooks has joined Hashdex’s Board of Directors (the “Board”), expanding the firm’s Board from four to five members.

Key Points: 
  • New York / Rio de Janeiro / London, July 20, 2023 – Hashdex , a leading global crypto-focused asset manager, today announced that Brian Brooks has joined Hashdex’s Board of Directors (the “Board”), expanding the firm’s Board from four to five members.
  • Often referred to as the “first fintech Comptroller,” Brooks is recognized as one of the most visionary global leaders in financial services, fintech and cryptocurrency.
  • He also served as a member of the FDIC board of directors and as a voting member of the Financial Stability Oversight Council.
  • Brooks is an honors graduate of Harvard University and the University of Chicago Law School.

David Ligon Joins TSG as Managing Director

Retrieved on: 
Mardi, juin 13, 2023

TSG Consumer Partners (“TSG”), a leading private equity firm, today announced that David Ligon has joined the firm as Managing Director, Capital Markets.

Key Points: 
  • TSG Consumer Partners (“TSG”), a leading private equity firm, today announced that David Ligon has joined the firm as Managing Director, Capital Markets.
  • Mr. Ligon will oversee the firm’s Capital Markets function and support the firm in developing and implementing tailored solutions for new and existing partner companies.
  • Most recently, he served as Managing Director and Capital Markets Head for EastWest Bank, where he led the bank’s sponsored lending group.
  • Mr. Ligon is a member of the National Association of Corporate Directors (NACD) and a Director on the Board of Pilot Chemical Corporation, a privately-held global specialty chemical manufacturer.

First Citizens Bank Completes Operational Conversion of CIT Bank Division Branches

Retrieved on: 
Lundi, novembre 14, 2022

RALEIGH, N.C., Nov. 14, 2022 (GLOBE NEWSWIRE) -- First Citizens Bank announced that its CIT Bank division has completed conversion of its branches to First Citizens operations and systems.

Key Points: 
  • RALEIGH, N.C., Nov. 14, 2022 (GLOBE NEWSWIRE) -- First Citizens Bank announced that its CIT Bank division has completed conversion of its branches to First Citizens operations and systems.
  • From the close of business on Nov. 10 and the reopening of branches on Nov. 14, First Citizens converted 11 CIT Bank branches in Arizona, California, Florida, Nebraska, Nevada and Texas to First Citizens Bank.
  • CIT Bank previously operated as a division of CIT, which merged with and became a division of First Citizens Bank in January 2022.
  • In addition to this conversion of CIT Bank branches, First Citizens completed the transition of its OneWest Bank division to its operations and systems in July 2022.

First Citizens Bank Completes Operational Conversion of OneWest Bank Division

Retrieved on: 
Lundi, juillet 18, 2022

RALEIGH, N.C., July 18, 2022 (GLOBE NEWSWIRE) -- First Citizens Bank announced that its OneWest Bank division based in Southern California has completed its conversion to First Citizens operations and systems.

Key Points: 
  • RALEIGH, N.C., July 18, 2022 (GLOBE NEWSWIRE) -- First Citizens Bank announced that its OneWest Bank division based in Southern California has completed its conversion to First Citizens operations and systems.
  • OneWest Bank previously operated as a division of CIT, which merged with and became a division of First Citizens Bank in January 2022.
  • Between close of business on July 15 and the reopening of branches on July 18, First Citizens converted 41 OneWest Bank branches to First Citizens Bank.
  • In addition, they can bank at any First Citizens Bank location, through First Citizens Digital Banking (online and mobile), by ATM and by telephone.