Credit management

Investcorp Credit Management BDC, Inc. Announces CEO Transition

Retrieved on:

måndag, maj 13, 2024

Asset Management, Professional Services, Finance, Credit management, Private credit, Growth, Investcorp, BDC

Investcorp Credit Management BDC, Inc. (formerly CM Finance Inc.) (NASDAQ: ICMB) (“ICMB” or the “Company”), today announced that the Company’s President, Suhail A. Shaikh, has been appointed Chief Executive Officer, effective immediately.

Key Points:

Investcorp Credit Management BDC, Inc. (formerly CM Finance Inc.) (NASDAQ: ICMB) (“ICMB” or the “Company”), today announced that the Company’s President, Suhail A. Shaikh, has been appointed Chief Executive Officer, effective immediately.
Outgoing CEO Michael C. Mauer will remain Chairman of the Board of Directors.
Concurrently, Mr. Mauer has been appointed Vice Chairman of Private Credit at Investcorp.
Mr. Shaikh joined Investcorp in January 2023 and has served as the Company’s President since February 2023 and as a member of the Board of Directors since September 2023.

Sunwest Bank Adds Kevin Cutter as Arizona Regional President

Retrieved on:

onsdag, maj 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.

Key Points:

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.

Encore Capital Group Expands Junior Achievement Partnership in the United States to Empower Youth Through Financial Education

Retrieved on:

tisdag, april 23, 2024

Cloud, Education, Credit management, MCM, School, Research, Partnership, Midland Credit Management, Inc., Encore Capital Group, Habit, Life, BEN, Knowledge, ECPG, SAN

This partnership expands on Encore’s current relationship with the San Diego Chapter of Junior Achievement.

Key Points:

This partnership expands on Encore’s current relationship with the San Diego Chapter of Junior Achievement.
Through this partnership, Encore will extend financial support to additional local Junior Achievement chapters as well as donate employee volunteer time.
As part of this expanded partnership, Encore employee volunteers will support the various Junior Achievement educational programming efforts that equip elementary, middle, and high school students with foundational personal finance skills.
“We at Junior Achievement know that financial literacy education in schools can make all the difference toward young people developing habits that lead to financial health later in life,” said Jack Kosakowski, President and CEO of Junior Achievement USA.

Investcorp Credit Management BDC, Inc. Schedules Earnings Release for Third Quarter Ended March 31, 2024

Retrieved on:

onsdag, maj 1, 2024

Asset Management, Professional Services, Finance, Credit management, BDC, Eastern Time Zone

Investcorp Credit Management BDC, Inc. (formerly CM Finance Inc.) (NASDAQ:ICMB) (“ICMB” or “the Company”) today announced that it will release its financial results for the quarter ended March 31, 2024 on Tuesday, May 14, 2024, after the close of the financial markets.

Key Points:

Investcorp Credit Management BDC, Inc. (formerly CM Finance Inc.) (NASDAQ:ICMB) (“ICMB” or “the Company”) today announced that it will release its financial results for the quarter ended March 31, 2024 on Tuesday, May 14, 2024, after the close of the financial markets.
The Company will host an earnings conference call at 12:00 pm (Eastern Time) on Wednesday, May 15, 2024.
All interested parties may participate in the conference call by dialing (800) 550-9893 5-10 minutes prior to the call; international callers should dial (858) 609-8959.
For those who are not able to listen to the call, a replay will be available shortly after the call by visiting our website at http://icmbdc.com/earnings-calls/ .

AGL Credit Management announces the launch of AGL Private Credit Platform and exclusive Cooperation Agreement with Barclays

Retrieved on:

tisdag, april 2, 2024

Banking, Professional Services, Finance, CIO, Private credit, Risk management, Credit management, AGL, ADIA, Investment banking, Investment, Multimedia, Financial services

AGL Credit Management LP (“AGL” or the “Company”), a premier investment manager specializing solely on corporate credit strategies, and Barclays Plc (“Barclays”), a global Investment Bank, today announced an exclusive Cooperation Agreement and the launch of a new private credit investment platform, AGL Private Credit ("AGL PC").

Key Points:

AGL Credit Management LP (“AGL” or the “Company”), a premier investment manager specializing solely on corporate credit strategies, and Barclays Plc (“Barclays”), a global Investment Bank, today announced an exclusive Cooperation Agreement and the launch of a new private credit investment platform, AGL Private Credit ("AGL PC").
View the full release here: https://www.businesswire.com/news/home/20240402291135/en/
Text reading, "Announcing the launch of AGL Private Credit Platform," in front of city buildings.
(Graphic: Business Wire)
AGL PC combines AGL’s established credit competency with proprietary access to Barclays’ leading leveraged finance and investment banking origination capabilities through a long-term Cooperation Agreement.
We see strong investing synergies from the combination of AGL and Barclays’ expertise, creating a differentiated private credit platform that aims to address a clear market opportunity.”

FIS Recognized as a Digital World-Class Vendor by the Hackett Group

Retrieved on:

onsdag, mars 27, 2024

Technology, Mobile, Wireless, Payments, Finance, Other Technology, Professional Services, Software, Hardware, Data Management, Vendor, FIS, Digital, Credit, Research, Credit management, Artificial intelligence, Cryptocurrency

Global financial technology leader FIS ® (NYSE: FIS) has been named as a Digital World Class™ Vendor for Credit Management by the Hackett Group in their Customer-to-Cash (C2C) Receivables Creation Digital World Class Matrix™ research.

Key Points:

Global financial technology leader FIS ® (NYSE: FIS) has been named as a Digital World Class™ Vendor for Credit Management by the Hackett Group in their Customer-to-Cash (C2C) Receivables Creation Digital World Class Matrix™ research.
The Hackett Group’s research recognized software providers in three separate process categories: credit management, order management and customer billing, with FIS’ GETPAID ™ solution cited for delivering exceptional value, efficiency, and customer-experience in C2C receivables in the credit management category.
FIS’ GETPAID™ is a state-of-the-art, fully integrated web-based accounts receivable software solution which helps businesses optimize their cash flow, mitigate risks and bolster efficiencies.
We’re delighted to have been named as a Digital World Class™ Vendor for Vendor for Credit Management and it’s a rewarding proof point in our mission to advance how the world pays, banks and invests.”

Celonis Launches Sailfin Accounts Receivable App Suite Powered by Process Intelligence and AI to Improve Cash Flow and Working Capital

Retrieved on:

onsdag, mars 20, 2024

Celonis , the global leader in Process Mining , today announced the launch of the new Sailfin Accounts Receivable (AR) app suite, developed in collaboration with Sailfin Technologies, which Celonis acquired in 2022 .

Key Points:

Celonis , the global leader in Process Mining , today announced the launch of the new Sailfin Accounts Receivable (AR) app suite, developed in collaboration with Sailfin Technologies, which Celonis acquired in 2022 .
The Sailfin AR apps are powered by the Celonis Process Intelligence Platform and leverage the standardized and unified process data and knowledge provided by the Celonis Process Intelligence Graph *.
“The Sailfin AR apps are a true value accelerator for Finance operations,” said Harit Nanavati, GM Accounts Receivable at Celonis and Founder & CEO of Sailfin Technologies.
With this robust process intelligence foundation, the Sailfin AR app suite is an evolution of the existing Celonis Premium Accounts Receivable apps .

The Hackett Group® Recognizes Esker as Digital World Class® Provider in Customer-to-Cash Receivables Creation Software

Retrieved on:

tisdag, mars 19, 2024

Finance, Professional Services, Technology, Artificial Intelligence, Software, Automation, Credit management, Digital, EIPP, Research, Customer, Machine learning, Customer service, Challenger, Online shopping

Esker , a global cloud platform and leader in AI-driven process automation solutions for Finance, Procurement and Customer Service functions, announced today that it has been recognized as a leading software provider in The Hackett Group’s new Digital World Class Matrix™ for Customer-to-Cash (C2C) Receivables.

Key Points:

Esker , a global cloud platform and leader in AI-driven process automation solutions for Finance, Procurement and Customer Service functions, announced today that it has been recognized as a leading software provider in The Hackett Group’s new Digital World Class Matrix™ for Customer-to-Cash (C2C) Receivables.
Esker was named a Digital World Class Provider in Order Management solutions and Customer Billing/EIPP solutions, providing customers with top-performing AI technologies that produce increased business value and operational excellence with high customer satisfaction.
While no single software provider achieved Digital World Class status in all three areas, Esker demonstrated excellence in two out of three categories.
Esker was also among the few software providers recognized as Digital World Class in a separate 2023 Digital World Class Matrix, which ranked nine prominent C2C receivables management software providers.

Investcorp Credit Management BDC, Inc. Re-Schedules Earnings Release for Second Quarter Ended December 31, 2023

Retrieved on:

tisdag, februari 20, 2024

Asset Management, Professional Services, Finance, BDC, Eastern Time Zone, Credit management

Investcorp Credit Management BDC, Inc. (formerly CM Finance Inc) (NASDAQ:ICMB) (“ICMB” or the “Company”) today announced that it will release its revised financial results for the quarter ended December 31, 2023 on Wednesday, February 21, 2024, after the close of the financial markets.

Key Points:

Investcorp Credit Management BDC, Inc. (formerly CM Finance Inc) (NASDAQ:ICMB) (“ICMB” or the “Company”) today announced that it will release its revised financial results for the quarter ended December 31, 2023 on Wednesday, February 21, 2024, after the close of the financial markets.
The Company will host an earnings conference call at 9:00 am (Eastern Time) on Friday, February 23, 2024.
All interested parties may participate in the conference call by dialing (800) 550-9893 5-10 minutes prior to the call; international callers should dial (858) 609-8959.
For those who are not able to listen to the call, a replay will be available shortly after the call by visiting our website at http://icmbdc.com/earnings-calls/ .

Investcorp Credit Management BDC, Inc. Cancels Conference Call and Advises Investors Not to Rely on Previously Issued Press Release Containing Financial Results for the Quarter Ended December 31, 2023

Retrieved on:

tisdag, februari 13, 2024

Banking, Asset Management, Professional Services, Finance, BDC, Credit management, Bank statement

Investcorp Credit Management BDC, Inc. (NASDAQ: ICMB) (the “Company”) announced today that it has cancelled its conference call for the second quarter ended December 31, 2023, initially scheduled for today, February 13, 2024, at 1:00 p.m. Eastern Time, and that investors should not rely on the press release it issued on February 12, 2024 containing its financial results for the second quarter ended December 31, 2023.

Key Points:

Investcorp Credit Management BDC, Inc. (NASDAQ: ICMB) (the “Company”) announced today that it has cancelled its conference call for the second quarter ended December 31, 2023, initially scheduled for today, February 13, 2024, at 1:00 p.m. Eastern Time, and that investors should not rely on the press release it issued on February 12, 2024 containing its financial results for the second quarter ended December 31, 2023.
The Company will also delay the filing of its Form 10-Q for the second quarter ended December 31, 2023 with the SEC until it can complete its review of whether certain expenses had been properly accrued in the correct periods and, if not, the impact of any such adjustments on its consolidated financial statements.