Primary dealers

Cadre Continues Building Commercial Business with Veteran Industry Leaders

Retrieved on: 
Tuesday, July 27, 2021
REIT, Finance, Professional services, Commercial Building & Real Estate, Construction & Property, Finance, Money, Primary dealers, Subprime mortgage crisis, Banks, Financial markets, Cadre, Financial technology, Goldman Sachs, Ryan Williams, Morgan Stanley, Airbnb

View the full release here: https://www.businesswire.com/news/home/20210727005115/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210727005115/en/
    Dans extensive investment experience has helped Cadre continue offering investors unparalleled access to institutional-quality assets, said Ryan Williams, Cadre co-founder and CEO.
  • Ms. Anderson joined Cadre in January 2021 from Airbnb, where she was a manager on the Business Finance & Analytics team.
  • Her prior experience spans finance and business strategy within financial services and technology, including at RealtyShares, Goldman Sachs and Morgan Stanley.
  • Cadre has also built a groundbreaking secondary market for commercial real estate enabling investors to have the potential to seek liquidity3.

Hill Country Asset Management To Join Arcesium's Technology And Services Platform Through Existing Joint Offering With J.P. Morgan

Retrieved on: 
Tuesday, July 27, 2021
Finance, Financial services, JPMorgan Chase, Gilded Age, J. P. Morgan, Investment funds, House of Morgan, Primary dealers, Hedge funds, J.P. Morgan in the United Kingdom, J.P. Morgan & Co.

NEW YORK, July 27, 2021 /PRNewswire/ --Arcesium LLC, a leading global financial technology and professional services firm, announced today that Hill Country Asset Management has chosen to deploy Arcesium's joint offering with J.P. Morgan's Securities Services.

Key Points: 
  • NEW YORK, July 27, 2021 /PRNewswire/ --Arcesium LLC, a leading global financial technology and professional services firm, announced today that Hill Country Asset Management has chosen to deploy Arcesium's joint offering with J.P. Morgan's Securities Services.
  • Through their existing strategic partnership, Arcesium and J.P. Morgan will address Hill Country's middle office, back office, and fund administration needs with a seamlessly integrated solution.
  • Arcesium will provide technology and services for enterprise data management, internal books and records, reconciliation, and treasury workflows, and J.P. Morgan will act as Hill Country's fund administrator.
  • We are confident the joint solution provided by Arcesium and J.P. Morgan will allow us to focus on higher business issues and strategies," said Jim Hansen, Chief Operating Officer of Hill Country Asset Management.

Star Mountain Capital Names John Ide, Former Managing Director at JPMorgan Asset Management ($2+ Trillion AUM), as Managing Director and Increases Midwest Coverage

Retrieved on: 
Tuesday, July 27, 2021
Small business, Banking, Professional services, Finance, Finance, Financial services, Banking, House of Morgan, Primary dealers, JPMorgan Chase, Investment banking, Chase Bank, Investment management, Subprime mortgage crisis

Mr. Ide spent the bulk of his career, 22 years, at JPMorgan Asset Management, the $2+ trillion AUM investment manager that is part of the international commercial and investment banking group JPMorgan Chase (NYSE: JPM).

Key Points: 
  • Mr. Ide spent the bulk of his career, 22 years, at JPMorgan Asset Management, the $2+ trillion AUM investment manager that is part of the international commercial and investment banking group JPMorgan Chase (NYSE: JPM).
  • As a Managing Director and member of the Strategic Client Group, he oversaw some of the largest and most sophisticated institutional clients and also served on various internal management committees.
  • While at Banc One Capital Markets, he originated, structured and underwrote more than $3 billion in asset backed credit securities.
  • Star Mountain is dedicated to this large market of underserved businesses purpose-built to address the challenges and opportunities of these companies.

First Northwest Bancorp Completes Purchase of Bellevue Branch

Retrieved on: 
Monday, July 26, 2021
Regions of the United States, Bellevue, Washington, Subprime mortgage crisis, Geography of the United States, Primary dealers, U.S. Bancorp

Our team looks forward to serving King County by building the same strong relationships that have defined our history as a community bank.

Key Points: 
  • Our team looks forward to serving King County by building the same strong relationships that have defined our history as a community bank.
  • The Bellevue location will be the first full-service branch in King County, adding to the Seattle Lending Center.
  • First Northwest Bancorp (FNWB), a Washington corporation, is the bank holding company for First Fed and other investments.
  • First Fed will be continuing expansion with a new branch in Ferndale opening in August 2021.

B2C2 Hires Citadel Global Fixed Income COO and Electronic Trading Pioneer

Retrieved on: 
Monday, July 26, 2021
Finance, Professional services, Other Technology, Technology, Software, Finance, Primary dealers, Subprime mortgage crisis, Banks, Financial services, House of Morgan, Mitsubishi UFJ Financial Group, Morgan Stanley, Security

Nicola joins B2C2 from Citadel Securities where she was Global COO of Fixed Income.

Key Points: 
  • Nicola joins B2C2 from Citadel Securities where she was Global COO of Fixed Income.
  • B2C2, which was acquired by innovative Japanese financial group SBI in December 2020, has recently expanded its offering beyond crypto to include 24/7 FX trading.
  • Prior to Citadel Securities, Nicola was global head of electronic markets within the fixed income division at Morgan Stanley, where she held numerous leadership roles since joining in 2003.
  • Two of her most significant accomplishments include the electronification of interest rate trading for the bank and the launch of a Canadian fixed income business.

Jorge Sonville Joins Insigneo’s Network From Merrill Lynch

Retrieved on: 
Monday, July 26, 2021
Banking, Accounting, Professional services, Finance, Finance, Brokerage firms, Money, Investment, Primary dealers, Subprime mortgage crisis, Merrill, Financial adviser, Broker-dealer, Registered Investment Adviser, Merrill Lynch & Co.

Insigneo, the Miami-based Independent Broker-Dealer and Registered Investment Advisory firm has incorporated new top talent from Merrill Lynch as Financial Advisor Jorge Sonville has joined the firms independent network based in Miami as Managing Director.

Key Points: 
  • Insigneo, the Miami-based Independent Broker-Dealer and Registered Investment Advisory firm has incorporated new top talent from Merrill Lynch as Financial Advisor Jorge Sonville has joined the firms independent network based in Miami as Managing Director.
  • View the full release here: https://www.businesswire.com/news/home/20210726005086/en/
    Jorge was born in Lima, Peru, and has lived in Ecuador, Chile, and Portugal.
  • "Having honed my knowledge and financial acumen for the past 27 years at Merrill Lynch, I understand that todays clients seek more sophisticated and complex solutions than ever before.
  • He spent the next 27 years at Merrill Lynch, and in 2003 he expanded his team presence by moving to the Miami International office.

Idaho First Bank Announces Holding Company Reorganization and Formation of Peak Bancorp, Inc.

Retrieved on: 
Saturday, July 24, 2021
IDAHO, United States, Subprime mortgage crisis, Primary dealers, JPMorgan Chase, U.S. Bancorp

MCCALL, Idaho, July 23, 2021 (GLOBE NEWSWIRE) -- Today, Idaho First Bank (the Bank) and Peak Bancorp, Inc. (the Corporation) (OTCPINK: IDFB) announced they have consummated their share exchange whereby the Corporation, an Idaho corporation created by the Banks Board of Directors, became the Banks holding company.

Key Points: 
  • MCCALL, Idaho, July 23, 2021 (GLOBE NEWSWIRE) -- Today, Idaho First Bank (the Bank) and Peak Bancorp, Inc. (the Corporation) (OTCPINK: IDFB) announced they have consummated their share exchange whereby the Corporation, an Idaho corporation created by the Banks Board of Directors, became the Banks holding company.
  • Shareholders who owned stock in the Bank became shareholders of the Corporation, with the Corporation owning 100% of the Bank.
  • We are excited to announce the completion of Idaho First Bank's reorganization and the founding of Peak Bancorp, Inc., stated Todd Cooper, CEO of Idaho First Bank.
  • Idaho First Bank (IFB) is a full-service state-chartered community bank established in October 2005 and headquartered in McCall, Idaho.

National Bank Holdings Corporation Appoints New Board Director

Retrieved on: 
Thursday, July 22, 2021
Financial services, Finance, Bank, Economic history of Italy, Money, Service industries, Primary dealers

DENVER, July 22, 2021 (GLOBE NEWSWIRE) -- National Bank Holdings Corporation (NYSE: NBHC) announced today that its Board of Directors appointed Patrick Sobers as a director of the Company, effective August 1, 2021.

Key Points: 
  • DENVER, July 22, 2021 (GLOBE NEWSWIRE) -- National Bank Holdings Corporation (NYSE: NBHC) announced today that its Board of Directors appointed Patrick Sobers as a director of the Company, effective August 1, 2021.
  • National Bank Holdings Corporation is a bank holding company created to build a leading community bank franchise delivering high quality client service and committed to stakeholder results.
  • Through its bank subsidiary, NBH Bank, National Bank Holdings Corporation operates a network of 82 banking centers, serving individual consumers, small, medium and large businesses, and government and non-profit entities.
  • NBH Bank operates under the following brand names: Community Banks of Colorado and Community Banks Mortgage, a division of NBH Bank, in Colorado, Bank Midwest and Bank Midwest Mortgage in Kansas and Missouri, and Hillcrest Bank and Hillcrest Bank Mortgage in Texas, Utah and New Mexico.

TortoiseEcofin Acquisition Corp. III Announces Closing of $300,000,000 Initial Public Offering

Retrieved on: 
Thursday, July 22, 2021
Finance, Primary dealers, Financial markets, Money, Goldman Sachs, Subprime mortgage crisis, Cantor Fitzgerald, Ticker symbol

Overland Park, Kansas, July 22, 2021 (GLOBE NEWSWIRE) -- TortoiseEcofin Acquisition Corp. III (the Company) today announced the closing of its initial public offering of 30,000,000 units at a price of $10.00 per unit.

Key Points: 
  • Overland Park, Kansas, July 22, 2021 (GLOBE NEWSWIRE) -- TortoiseEcofin Acquisition Corp. III (the Company) today announced the closing of its initial public offering of 30,000,000 units at a price of $10.00 per unit.
  • The units are listed on the New York Stock Exchange (the NYSE) and trade under the ticker symbol TRTL.U.
  • Barclays, Goldman Sachs & Co. LLC and Cantor Fitzgerald & Co. acted as joint book-runners for the offering.
  • TortoiseEcofin Acquisition Corp. III was formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination.

Wells Fargo Names Derek Ellington Head of Small Business Banking

Retrieved on: 
Thursday, July 22, 2021
Small business, Banking, Professional services, Finance, Finance, Companies, Banks, Financial District, San Francisco, Wells Fargo, Primary dealers, ING Group, Bank of America

Wells Fargo & Company (NYSE: WFC) announced today that Derek Ellington will join the company on October 18 as the head of Small Business Banking.

Key Points: 
  • Wells Fargo & Company (NYSE: WFC) announced today that Derek Ellington will join the company on October 18 as the head of Small Business Banking.
  • View the full release here: https://www.businesswire.com/news/home/20210722005911/en/
    Ellington joins Wells Fargo from Bank of America where his 24-year career spanned numerous roles in retail banking, commercial banking, credit, and small business banking.
  • As the head of Small Business Banking, Ellington will be responsible for driving growth and helping small business clients succeed financially.
  • Were thrilled to have Derek join us as the new head of Small Business Banking, said Mack.