Consumer Protection Act

Western Union Reports First Quarter 2024 Results

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水曜日, 4月 24, 2024
Banking, Professional Services, Finance, Consumer, 3rd millennium, Pandemic, Annual report, Epidemic, Digital, Webcast, Environment, Risk, Legislation, ESG, Terrorism, Failure, Workforce, Intellectual property, ID, Consumer Protection Act, Government, Telephone, GAAP, Growth, Fraud, Broadcasting

Additional key statistics for the quarter and historical trends can be found in the supplemental tables included with this press release.

Key Points: 
  • Additional key statistics for the quarter and historical trends can be found in the supplemental tables included with this press release.
  • Western Union is committed to making a positive impact.
  • For more details on how Western Union is addressing some of the most pressing issues facing society, our shared environment, and our Company, please view our latest ESG report: https://corporate.westernunion.com/esg .
  • Actual outcomes and results may differ materially from those expressed in, or implied by, our forward-looking statements.

RBB Bancorp Declares Quarterly Cash Dividend of $0.16 Per Common Share

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木曜日, 4月 18, 2024
Banking, Professional Services, Climate change, Information, Pandemic, Weather, Update, Fire, RAM, Risk, Annual report, Earthquake, Insurance, SBA, Consent, Disclosure, Risk management, Bank, Acquisition, Terrorism, FDIC, FRB, Royal Business Bank, Consumer Protection Act, Financial Accounting Standards Board

RBB Bancorp (NASDAQ: RBB ) and its subsidiaries, Royal Business Bank ("the Bank") and RBB Asset Management Company ("RAM"), collectively referred to herein as "the Company", announced that its Board of Directors has declared a quarterly cash dividend of $0.16 per common share.

Key Points: 
  • RBB Bancorp (NASDAQ: RBB ) and its subsidiaries, Royal Business Bank ("the Bank") and RBB Asset Management Company ("RAM"), collectively referred to herein as "the Company", announced that its Board of Directors has declared a quarterly cash dividend of $0.16 per common share.
  • The dividend is payable on May 13, 2024 to common shareholders of record as of May 1, 2024.
  • RBB Bancorp is a bank holding company headquartered in Los Angeles, California.
  • As of December 31, 2023, the Company had total assets of $4.0 billion.

Bank of Botetourt posts profitable first quarter financial results

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木曜日, 4月 25, 2024
Sale, Dividend, Economic growth, Insurance, Development, Bank, Consumer Protection Act, Interest

BUCHANAN, Va., April 25, 2024 /PRNewswire/ -- Buchanan-based Bank of Botetourt (OTCPK: BORT and BORTP) announced today its unaudited financial results for the three months-end March 31, 2024.

Key Points: 
  • BUCHANAN, Va., April 25, 2024 /PRNewswire/ -- Buchanan-based Bank of Botetourt (OTCPK: BORT and BORTP) announced today its unaudited financial results for the three months-end March 31, 2024.
  • The Bank produced net income amounting to $1,828,000 or $0.88 per basic share in the first quarter.
  • Bank of Botetourt qualified to opt-in to the Community Bank Leverage Ratio ("CBLR").
  • As of March 31, 2024 Bank of Botetourt reported its CBLR ratio at 10.35% which meets the required regulatory minimum ratio.

Morrison Foerster Welcomes Experienced Derivatives Lawyer Rhys Bortignon as a Partner in New York

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水曜日, 4月 17, 2024
DEI, University, Mentorship, Capital market, Structured finance, OTC, Bachelor of Commerce, Master of Laws, Morrison & Foerster, Documentation, Mofo, Bachelor of Laws, Commerce, Consumer Protection Act, Knowledge

NEW YORK, April 17, 2024 /PRNewswire-PRWeb/ -- Morrison Foerster, a leading global law firm, is pleased to announce the arrival of Rhys Bortignon as a partner in the firm's global Finance Group in the Transactions Department, based in the New York office. Bortignon brings to Morrison Foerster over 15 years of extensive knowledge and experience in derivatives and structured products in the United States, United Kingdom, European Union, and Australia.

Key Points: 
  • Bortignon brings to Morrison Foerster over 15 years of extensive knowledge and experience in derivatives and structured products in the United States, United Kingdom, European Union, and Australia.
  • Bortignon joins Morrison Foerster from another leading global law firm, where he spent the last nine years and was a member of its Capital Markets practice and Global Derivatives group.
  • "Morrison Foerster is a global finance industry leader, and I am honored to join the firm and its award-winning Capital Markets team," said Bortignon.
  • Bortignon frequently advises on U.S. derivatives regulatory matters, including matters related to the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Greenberg Traurig Continues to Expand Financial Regulatory & Compliance Practice

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月曜日, 3月 11, 2024
TILA, Heel, Knowledge, Consumer Protection Act, LLP, RESPA, Martínez, Disclosure, Fair debt collection, Ballard Spahr, FCRA, FDCPA, Audit

WASHINGTON, March 11, 2024 /PRNewswire-PRWeb/ -- Global law firm Greenberg Traurig, LLP continues to expand its Financial Regulatory & Compliance Practice with the addition of Rinaldo Martinez as of counsel in the firm's Washington, D.C., office. Martinez joins the firm from Ballard Spahr, bringing with him over a decade of experience counseling financial services and fintech companies on regulatory compliance matters.

Key Points: 
  • Global law firm Greenberg Traurig, LLP continues to expand its Financial Regulatory & Compliance Practice with the addition of Rinaldo Martinez as of counsel in the firm's Washington, D.C., office.
  • WASHINGTON, March 11, 2024 /PRNewswire-PRWeb/ -- Global law firm Greenberg Traurig, LLP continues to expand its Financial Regulatory & Compliance Practice with the addition of Rinaldo Martinez as of counsel in the firm's Washington, D.C. , office.
  • Martinez's move to Greenberg Traurig is part of the firm's strategic expansion of its global Financial Regulatory & Compliance Practice.
  • "We are thrilled to welcome Rinaldo to our growing practice," said Marina Olman-Pal , co-chair of the firm's Financial Regulatory & Compliance Practice.

RBB Bancorp Announces Stock Repurchase Program

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木曜日, 2月 29, 2024
Banking, Professional Services, Finance, Acquisition, Consent, Consumer Protection Act, Weather, Annual report, Risk management, Bank, Fire, Terrorism, Disclosure, FDIC, RAM, Pandemic, Information, Earthquake, Climate change, Financial Accounting Standards Board, FRB, Security (finance), Risk, Royal Business Bank, Update, SBA, Insurance

RBB Bancorp (NASDAQ: RBB ) and its subsidiaries, Royal Business Bank ("the Bank") and RBB Asset Management Company ("RAM"), collectively referred to herein as "the Company", announced that its Board of Directors has authorized a stock repurchase program.

Key Points: 
  • RBB Bancorp (NASDAQ: RBB ) and its subsidiaries, Royal Business Bank ("the Bank") and RBB Asset Management Company ("RAM"), collectively referred to herein as "the Company", announced that its Board of Directors has authorized a stock repurchase program.
  • Under the repurchase program, the Company may buy back up to 1,000,000 shares of its common stock, or approximately 5% of its outstanding shares, through March 31, 2026.
  • The repurchase program does not obligate the Company to purchase any particular number of shares.
  • RBB Bancorp is a community-based financial holding company headquartered in Los Angeles, California.

Greenberg Traurig Prevails for Albertsons in Alaska Superior Court Opioid Litigation

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火曜日, 3月 5, 2024
Pharmacy, Consumer Protection Act, UTPA, Albertsons, FDA, Business architecture, Action Replay, Practice, LLP, State, Judiciary of Alaska, Prescription, Motion

CHICAGO , March 5, 2024 /PRNewswire-PRWeb/ -- A team of Greenberg Traurig, LLP Products Liability & Mass Torts Practice attorneys led by Practice Chair and Chicago office Shareholder Francis A. Citera secured victory for Albertsons in the Alaska Superior Court in State of Alaska v. Walgreen Co., et al., 3AN-22-06675 CI. The court held that Alaska may not pursue its claims based on either public nuisance or the Unfair Trade Practices and Consumer Protection Act (UTPA) as being unsupported by Alaska law.

Key Points: 
  • A team of Greenberg Traurig, LLP Products Liability & Mass Torts Practice attorneys led by Practice Chair and Chicago office Shareholder Francis A. Citera secured victory for Albertsons in the Alaska Superior Court in State of Alaska v. Walgreen Co., et al., 3AN-22-06675 CI.
  • CHICAGO , March 5, 2024 /PRNewswire-PRWeb/ -- A team of Greenberg Traurig, LLP Products Liability & Mass Torts Practice attorneys led by Practice Chair and Chicago office Shareholder Francis A. Citera secured victory for Albertsons in the Alaska Superior Court in State of Alaska v. Walgreen Co., et al., 3AN-22-06675 CI.
  • The court held that Alaska may not pursue its claims based on either public nuisance or the Unfair Trade Practices and Consumer Protection Act (UTPA) as being unsupported by Alaska law.
  • "We are pleased that the court agreed with our position that the state's claims were inconsistent with Alaska law," Citera said.

SEC Proposes Rule to Update Definition of Qualifying Venture Capital Funds

Retrieved on: 
水曜日, 2月 14, 2024
Federal Register, Security (finance), Consumer Protection Act, Economic growth, Commission, Comment, Register, Cryptocurrency

Proposal would inflation adjust the dollar threshold to be considered a qualifying venture capital fund

Key Points: 
  • Washington, D.C.--(Newsfile Corp. - February 14, 2024) - The Securities and Exchange Commission today proposed a rule that would update the dollar threshold for a fund to qualify as a “qualifying venture capital fund” for purposes of the Investment Company Act of 1940 (Act).
  • The rule would update the dollar threshold to $12 million aggregate capital contributions and uncalled committed capital, up from the current standard of $10 million.
  • Qualifying venture capital funds are excluded from the Act’s definition of an “investment company.” The Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018 requires the Commission to index the dollar figure for this threshold to inflation once every five years.
  • The proposed rule also would establish a process for future inflation adjustments every five years.

Western Union Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
火曜日, 2月 6, 2024
Banking, Personal Finance, Professional Services, Finance, Pandemic, Growth, ESG, Digital, GAAP, Failure, Legislation, Fraud, Telephone, Government, Environment, Consumer, Intellectual property, Annual report, Terrorism, ID, Consumer Protection Act, Webcast, Risk, Epidemic, Workforce, Cryptocurrency

Additional key statistics for the quarter and historical trends can be found in the supplemental tables included with this press release.

Key Points: 
  • Additional key statistics for the quarter and historical trends can be found in the supplemental tables included with this press release.
  • As a result, the percentage changes and margins disclosed herein may not recalculate precisely using the rounded amounts provided.
  • Western Union is committed to making a positive impact.
  • For more details on how Western Union is addressing some of the most pressing issues facing society, our shared environment, and our Company, please view our latest ESG report: https://corporate.westernunion.com/esg .

Bank of Botetourt Records Profitable 2023; Board Votes to Increase Common Dividend by 3.9%

Retrieved on: 
木曜日, 2月 1, 2024
Economic growth, Family, Interest, Marketing, Dividend, Sale, Bank, Consumer Protection Act, ATM, Real estate

For the twelve months-ended December 31, 2023 the Bank produced net income amounting to $8,173,000 or $3.95 per basic share.

Key Points: 
  • For the twelve months-ended December 31, 2023 the Bank produced net income amounting to $8,173,000 or $3.95 per basic share.
  • The Board voted to increase the quarterly common dividend from $0.1925 to $0.20 per share, or $0.80 per share annualized.
  • The dividend  increase of 3.9% per share annualized is payable on February 16, 2024 to common shareholders of record February 12, 2024.
  • As of December 31, 2023 Bank of Botetourt reported its CBLR ratio at 10.36% which meets the required regulatory minimum ratio.