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Warby Parker Announces Fourth Quarter and Full Year 2023 Results

Retrieved on:

水曜日, 2月 28, 2024

Health, Professional Services, Optical, Insurance, Health Insurance, Comerica, Marketing, Growth, Chase Bank, Entrepreneurship, Citibank, GAAP, Contact, MetLife, JPMorgan Chase

Warby Parker Inc. (NYSE: WRBY) (“Warby Parker” or the “Company”), a direct-to-consumer lifestyle brand focused on vision for all, today announced financial results for the fourth quarter and full year ended December 31, 2023.

Key Points:

Warby Parker Inc. (NYSE: WRBY) (“Warby Parker” or the “Company”), a direct-to-consumer lifestyle brand focused on vision for all, today announced financial results for the fourth quarter and full year ended December 31, 2023.
Fourth quarter net revenue increased $15.4 million, or 10.5%, to $161.9 million compared to fourth quarter 2022.
Full year GAAP net loss of $63.2 million, and fourth quarter GAAP net loss of $19.0 million.
A conference call to discuss Warby Parker’s fourth quarter and full year 2023 results, as well as first quarter and full year 2024 outlook, is scheduled for 8:00 a.m.

USAA Bank Raises the Bar Among Financial Services, While Credit Unions Bounce Back After 5-Year Slide, ACSI Data Show

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火曜日, 2月 20, 2024

According to the American Customer Satisfaction Index (ACSI®) Finance Study 2023-2024 , all four industries measured — banks, credit unions, financial advisors, and online investment — experience upticks in satisfaction.

Key Points:

According to the American Customer Satisfaction Index (ACSI®) Finance Study 2023-2024 , all four industries measured — banks, credit unions, financial advisors, and online investment — experience upticks in satisfaction.
Banks (up 3%) and financial advisors (up 1%) lead the way with scores of 80 on the ACSI’s 100-point scale.
“While banks and credit unions have improved their customer service via digital channels like websites and mobile apps, consumers still appreciate the personal touch.
USAA Bank, available to military-affiliated individuals and families only, leads all banks with an ACSI score of 87, setting the bar for website satisfaction and mobile reliability.

Bret Rathwick and Michael Anthony Join Commercial and Industrial Team at Western Alliance Bank

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火曜日, 2月 20, 2024

Banking, Professional Services, Finance, Opus, Comerica, Multimedia, Bank, Relationship, Citibank, Commercial, Wells Fargo, Business administration, Pacific Premier Bancorp, California State University, Chapman University, Bank of America

Western Alliance Bank today announced the appointment of Bret Rathwick and Michael Anthony to the organization’s Commercial and Industrial team.

Key Points:

Western Alliance Bank today announced the appointment of Bret Rathwick and Michael Anthony to the organization’s Commercial and Industrial team.
View the full release here: https://www.businesswire.com/news/home/20240220072844/en/
“Bret and Michael’s addition to the commercial banking team at Western Alliance Bank strengthens our capacity to serve the thriving commercial market in California,” said Julian Parra, head of commercial and industrial banking for California at Western Alliance Bank.
Prior to joining the Western Alliance Bank team, he served as an Area Manager at Wells Fargo, overseeing a team of commercial loan officers in Orange County.
Anthony brings nearly a decade of experience to the Western Alliance team.

Citi Appointed as Depositary Bank for Air Astana Group GDR Program

Retrieved on:

月曜日, 2月 19, 2024

Professional Services, Business, Air, Transport, Finance, Banking, AIX, Citibank, Air Astana, Citigroup, London Stock Exchange, Security (finance)

Citi’s Issuer Services, acting through Citibank, N.A., has been appointed by Air Astana Group (“Air Astana”), the flag carrier airline of Kazakhstan, to act as depositary bank for its Global Depositary Receipt (“GDR”) program.

Key Points:

Citi’s Issuer Services, acting through Citibank, N.A., has been appointed by Air Astana Group (“Air Astana”), the flag carrier airline of Kazakhstan, to act as depositary bank for its Global Depositary Receipt (“GDR”) program.
Air Astana’s Regulation S GDRs trade on the London Stock Exchange (“LSE”) under the symbol “AIRA” and on the Astana International Exchange (“AIX”) under the symbol “AIRA.Y” and Rule 144A GDRs under the symbol “AIRA”.
“We are delighted to be appointed by Air Astana as depositary bank for its GDR program,” said Dirk Jones, Global Head of Citi’s Issuer Services.
With depositary receipt programs in 67 markets, spanning equity and fixed-income products, Citi leverages its global network to provide cross-border capital market access to issuers, intermediaries and investors.

Crystal appoints Navin Gupta, Former Ripple Managing Director, as Chief Executive Officer

Retrieved on:

月曜日, 2月 19, 2024

Crystal , a leading blockchain intelligence firm focused on compliance and risk monitoring for cryptocurrencies, announced the appointment of Navin Gupta as its new Chief Executive Officer.

Key Points:

Crystal , a leading blockchain intelligence firm focused on compliance and risk monitoring for cryptocurrencies, announced the appointment of Navin Gupta as its new Chief Executive Officer.
Gupta takes over from Marina Khaustova, who moves into the new position of Chief Operations Officer at Crystal.
View the full release here: https://www.businesswire.com/news/home/20240218207539/en/
Gupta joins Crystal from Ripple, where he successfully drove growth for the firm in the MEA and South Asian markets.
The product offers real-time indirect risk assessment, monitoring over 50,000 entities and organizations and offers proprietary training programs for professional cybercrime investigators.

Capital Asset Management sets up in Dubai, granted DFSA CAT3C License

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月曜日, 3月 4, 2024

Philosophy, DFSA, Multimedia, Social, Capital introduction, Citibank, Private, Social Security, Marketplace, CIO

DUBAI, UAE, March 4, 2024 /PRNewswire/ -- Capital Asset Management, a newly established independent investment management and advisory firm, announced today it has chosen Dubai as its base after being granted CAT3C license by the Dubai Financial Services Authority (DFSA).

Key Points:

DUBAI, UAE, March 4, 2024 /PRNewswire/ -- Capital Asset Management, a newly established independent investment management and advisory firm, announced today it has chosen Dubai as its base after being granted CAT3C license by the Dubai Financial Services Authority (DFSA).
Capital Asset Management is a boutique asset manager, offering select clients access to exclusive top quartile performing funds, in addition to investment solutions and services across diverse asset classes.
Capital Asset Management Co-Founder and CEO Meshal Alothman said: 'Today we are unveiling Capital Asset Management, a culmination of over a year of groundwork and more than 100 years of combined investment management experience.
Capital Asset Management is a DIFC registered company with a CAT3C license.

Capital Asset Management sets up in Dubai, granted DFSA CAT3C License

Retrieved on:

月曜日, 3月 4, 2024

Philosophy, DFSA, Social, Capital introduction, Citibank, Private, Social Security, Marketplace, CIO

DUBAI, UAE, March 4, 2024 /PRNewswire/ -- Capital Asset Management, a newly established independent investment management and advisory firm, announced today it has chosen Dubai as its base after being granted CAT3C license by the Dubai Financial Services Authority (DFSA).

Key Points:

DUBAI, UAE, March 4, 2024 /PRNewswire/ -- Capital Asset Management, a newly established independent investment management and advisory firm, announced today it has chosen Dubai as its base after being granted CAT3C license by the Dubai Financial Services Authority (DFSA).
Capital Asset Management is a boutique asset manager, offering select clients access to exclusive top quartile performing funds, in addition to investment solutions and services across diverse asset classes.
Capital Asset Management Co-Founder and CEO Meshal Alothman said: 'Today we are unveiling Capital Asset Management, a culmination of over a year of groundwork and more than 100 years of combined investment management experience.
Capital Asset Management is a DIFC registered company with a CAT3C license.

Suni Harford to Join the Capital One Board of Directors

Retrieved on:

木曜日, 2月 29, 2024

Citibank Canada, Market, Capital One, Risk management, UBS, Citibank, Executive Committee, Audit committee, United States Army, Organization, Security, Capital, Suni, FICC, Clearing Corporation, Citigroup, Veteran, Management

MCLEAN, Va., Feb. 29, 2024 /PRNewswire/ -- Capital One Financial Corporation (NYSE: COF), today announced that seasoned financial services industry executive Suni P. Harford has been appointed to the company's Board of Directors, effective April 1, 2024. Ms. Harford will stand for election to the Board by Capital One shareholders in May 2024. As a member of the Board, Ms. Harford will serve on the Audit Committee and Risk Committee.

Key Points:

Ms. Harford will stand for election to the Board by Capital One shareholders in May 2024.
As a member of the Board, Ms. Harford will serve on the Audit Committee and Risk Committee.
While at UBS, Ms. Harford also served as the UBS Group Executive Board Lead for the firm's sustainability and impact efforts.
"I am thrilled to welcome Suni to our Board of Directors," said Richard D. Fairbank, Founder, Chairman, and Chief Executive Officer of Capital One.

Confluence former executive joins fintech Premialab

Retrieved on:

火曜日, 2月 27, 2024

Standard Chartered, USD, Deutsche Bank, Lehman Brothers, Investment, Merrill (company), Pension, AUM, Confluence, Citibank, MSCI, Goldman Sachs, Société Générale, Head, HSBC, BNP Paribas, Insurance, Asset management

LONDON, Feb. 27, 2024 /PRNewswire/ -- Premialab, the financial data and analytics firm, announced today the appointment of James Carrington as Head of Client Engagement. Mr. Carrington, based in London, will spearhead global client engagement, leveraging over 10 years of experience in driving client engagement gained at Investment Metrics, Style Analytics, and most recently at Confluence, part of the Clearlake Capital Group portfolio. His primary focus will be on enabling faster tailor-made investment analytics delivery and data integration for Premialab's pension funds, foundations, endowments, and insurance clients.

Key Points:

James Carrington, a former executive at Confluence, Investment Metrics, Style Analytics has joined fintech Premialab.
LONDON, Feb. 27, 2024 /PRNewswire/ -- Premialab, the financial data and analytics firm, announced today the appointment of James Carrington as Head of Client Engagement.
Adrien Geliot, Co-Founder & Chief Executive Officer of Premialab, said, "I am delighted to welcome James to the team.
Commenting on his appointment, James Carrington said, "I am delighted to have joined the Premialab team.

TerraPay appoints Ruben Salazar Genovez, former Head of Visa Direct, as President

Retrieved on:

火曜日, 2月 20, 2024

Growth, Barclays, Mastercard, Entrepreneurship, Citibank

LONDON, Feb. 20, 2024 /PRNewswire/ -- TerraPay , a global money movement company, is pleased to announce the appointment of Ruben Salazar Genovez, recently the Global Head of Visa Direct, as President.

Key Points:

LONDON, Feb. 20, 2024 /PRNewswire/ -- TerraPay , a global money movement company, is pleased to announce the appointment of Ruben Salazar Genovez, recently the Global Head of Visa Direct, as President.
As President of TerraPay, Mr Salazar Genovez will be responsible for defining the company's strategic vision for global expansion and the development of its payments infrastructure and non-card network capabilities.
Ruben Salazar Genovez, President, TerraPay, said: "I am truly honored to join TerraPay as President during such an exciting phase of its journey.
Ambar Sur, Founder and Chief Executive Officer, TerraPay, said: "Ruben Salazar is an exceptional addition to our leadership team, and we are thrilled to welcome him as President of TerraPay.