Banks

Driving Continued Inbound and Outbound Investment Success, McDermott Formalizes Latin America Practice

Finance, Banks, Service industries, Investment banks, Primary dealers, Subprime mortgage crisis, McDermott Will & Emery, UBS, Law firm
Thursday, September 17, 2020 - 6:20pm

MIAMI and DALLAS, Sept. 17, 2020 /PRNewswire/ --International law firm McDermott Will & Emery today announced the launch of its Latin America Practice to assist multinational clients in driving their business, operations and investments in the region.

Key Points: 
  • MIAMI and DALLAS, Sept. 17, 2020 /PRNewswire/ --International law firm McDermott Will & Emery today announced the launch of its Latin America Practice to assist multinational clients in driving their business, operations and investments in the region.
  • "Latin America is such a commercially vibrant region, and we are excited about the myriad opportunities to partner with our clients there."
  • Members of the Latin America Practice bring decades of cross-practice experience counseling multinational corporations, private equity funds, financial service firms and high-net-worth individuals.
  • The Latin America team has a substantial presence in Miami, as well as other strategically located lawyers across Europe and the United States.

ReneSola Power to Present on the UBS Global Energy Transition Call Series

Finance, Banks, Financial services, Renewable energy commercialization, Energy policy, Subprime mortgage crisis, UBS, Energy transition
Thursday, September 17, 2020 - 1:30pm

STAMFORD, Conn., Sept. 17, 2020 /PRNewswire/ -- ReneSola Ltd ("ReneSola Power" or the "Company") ( www.renesolapower.com ) (NYSE: SOL), a leading fully integrated solar project developer, announced that management will present to investors during the UBS Global Energy Transition Call Series today (Thursday, September 17, 2020) at 11:00am EDT.

Key Points: 
  • STAMFORD, Conn., Sept. 17, 2020 /PRNewswire/ -- ReneSola Ltd ("ReneSola Power" or the "Company") ( www.renesolapower.com ) (NYSE: SOL), a leading fully integrated solar project developer, announced that management will present to investors during the UBS Global Energy Transition Call Series today (Thursday, September 17, 2020) at 11:00am EDT.
  • In the hour-long session with investors, ReneSola Power's management team will discuss the key trends and opportunities in the U.S. community solar market.
  • The presentation details are as follows:
    Today's call is part of a series of calls that UBS is hosting with energy experts and emerging energy companies that have innovative and potentially disruptive business models that will benefit from the ongoing energy transition across the globe.
  • ReneSola Power (NYSE: SOL) is a leading global solar project developer and operator.

Citi and Citi Foundation Expand Global Job Skills-Building Initiative to Improve Employability and Economic Opportunity for Underserved Communities

Banking, MEN, Professional services, Philanthropy, Consumer, Other Education, University, Teens, Education, Foundation, Women, Human resources, Finance, Citigroup, Midtown Manhattan, Subprime mortgage crisis, Economy of New York City, Companies, Banks
Thursday, September 17, 2020 - 1:00pm

Citi and the Citi Foundation today announced an expansion of the global Pathways to Progress initiative, led by a Citi Foundation investment of $100 million to improve employability and economic opportunity around the world.

Key Points: 
  • Citi and the Citi Foundation today announced an expansion of the global Pathways to Progress initiative, led by a Citi Foundation investment of $100 million to improve employability and economic opportunity around the world.
  • Since 2014, the Citi Foundation has invested approximately $200 million globally in Pathways to Progress programming.
  • By 2023, the Citi Foundation expects to cumulatively impact over a million young people around the world with a total investment of $300 million.
  • The Citi Foundation works to promote economic progress and improve the lives of people in low-income communities around the world.

ThroughPut Inc. Appoints the former Vice-Chairman of Bank of America and Distinguished Business Finance Expert, Luke Helms, to its Advisory Board

Companies, Bank of America, Manulife, Banks, Finance
Thursday, September 17, 2020 - 12:00pm

PALO ALTO, Calif., Sept. 17, 2020 /PRNewswire/ -- ThroughPut Inc ., the Industrial AI Supply Chain pioneer, today announced the appointment of Luke Helms to its Advisory Board.

Key Points: 
  • PALO ALTO, Calif., Sept. 17, 2020 /PRNewswire/ -- ThroughPut Inc ., the Industrial AI Supply Chain pioneer, today announced the appointment of Luke Helms to its Advisory Board.
  • Mr. Helms is the former Vice-Chairman at Bank of America, Vice-Chairman of KeyBank, Chairman and CEO of Seafirst Bank, and a Board Member of LifeLock, ABM Industries, and Manulife.
  • Mr. Helms brings with him five decades of deep domain expertise in the Banking, Insurance, Industrial Finance and Facilities Management sectors.
  • Mr. Helms joining the Advisory Board further reinforces ThroughPut's mission to create the leading AI software platform connecting disparate data sets for Supply Chain, Operational and Financial Excellence.

ThroughPut Inc. Appoints the former Vice-Chairman of Bank of America and Distinguished Business Finance Expert, Luke Helms, to its Advisory Board

Companies, Bank of America, Manulife, Banks, Finance
Thursday, September 17, 2020 - 12:00pm

PALO ALTO, California, Sept. 17, 2020 /PRNewswire/ -- ThroughPut Inc ., the Industrial AI Supply Chain pioneer, today announced the appointment of Luke Helms to its Advisory Board.

Key Points: 
  • PALO ALTO, California, Sept. 17, 2020 /PRNewswire/ -- ThroughPut Inc ., the Industrial AI Supply Chain pioneer, today announced the appointment of Luke Helms to its Advisory Board.
  • Mr. Helms is the former Vice-Chairman at Bank of America, Vice-Chairman of KeyBank, Chairman and CEO of Seafirst Bank, and a Board Member of LifeLock, ABM Industries, and Manulife.
  • Mr. Helms brings with him five decades of deep domain expertise in the Banking, Insurance, Industrial Finance and Facilities Management sectors.
  • Mr. Helms joining the Advisory Board further reinforces ThroughPut's mission to create the leading AI software platform connecting disparate data sets for Supply Chain, Operational and Financial Excellence.

Qatar Investment Authority and Credit Suisse Asset Management Enter into Strategic Partnership in the Direct Lending Market

Companies, Primary dealers, Banks, Credit Suisse, Finance, CSGN, Credit Suisse First Boston
Thursday, September 17, 2020 - 11:00am

Credit Suisse AG is one of the world's leading financial services providers and is part of the Credit Suisse group of companies (referred to here as 'Credit Suisse').

Key Points: 
  • Credit Suisse AG is one of the world's leading financial services providers and is part of the Credit Suisse group of companies (referred to here as 'Credit Suisse').
  • The registered shares (CSGN) of Credit Suisse AG's parent company, Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York.
  • Credit Suisse Asset Management is a multi-specialist boutique manager operating within a leading global financial institution.
  • Our multi-specialist boutique approach is combined with the institutional quality, governance, stability and opportunity of Credit Suisse Group AG's worldwide franchise.

Qatar Investment Authority and Credit Suisse Asset Management Enter into Strategic Partnership in the Direct Lending Market

Companies, Primary dealers, Banks, Credit Suisse, Finance, CSGN, Credit Suisse First Boston
Thursday, September 17, 2020 - 11:00am

Credit Suisse AG is one of the world's leading financial services providers and is part of the Credit Suisse group of companies (referred to here as 'Credit Suisse').

Key Points: 
  • Credit Suisse AG is one of the world's leading financial services providers and is part of the Credit Suisse group of companies (referred to here as 'Credit Suisse').
  • The registered shares (CSGN) of Credit Suisse AG's parent company, Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York.
  • Credit Suisse Asset Management is a multi-specialist boutique manager operating within a leading global financial institution.
  • Our multi-specialist boutique approach is combined with the institutional quality, governance, stability and opportunity of Credit Suisse Group AG's worldwide franchise.

Citi Upgrades Data Service Platform to Enhance Efficiency for Securities Services Clients

Professional services, Data management, Technology, Software, Finance, Networks, Banking, Citigroup, Midtown Manhattan, Subprime mortgage crisis, Economy of New York City, Companies, Banks
Thursday, September 17, 2020 - 9:31am

Citi has enhanced its securities services data services platform Citi VelocitySM Clarity by introducing an Integrated Reporting tool, expanding the universe of available information, and upgrading its Open API functionality.

Key Points: 
  • Citi has enhanced its securities services data services platform Citi VelocitySM Clarity by introducing an Integrated Reporting tool, expanding the universe of available information, and upgrading its Open API functionality.
  • Citi Velocity Clarity is a data services platform that facilitates comprehensive data integration and consumption to help clients gain insight, improve operational efficiency, and reduce infrastructure costs.
  • We continue to develop Citi Velocity Clarity to help our clients address their evolving needs, said Fiona Horsewill, Custody and Funds Services Head of Digital and Data at Citi.
  • These upgrades enhance the accessibility of data to help to increase efficiency for Citi Securities Services clients.

WeLab Bank Teams Up with Solace to Achieve Digital Banking Ambitions

Finance, WeLab Bank, Banks, Financial technology, WeLab, Financial services, Hong Kong Monetary Authority, ING Group, HKMA
Thursday, September 17, 2020 - 1:33am

Through the partnership with Solace, WeLab Bank can also continue to deliver innovative and game-changing financial service products to all customers.

Key Points: 
  • Through the partnership with Solace, WeLab Bank can also continue to deliver innovative and game-changing financial service products to all customers.
  • Solace's secure and scalable messaging backbone has been invaluable in helping WeLab Bank shorten the time-to-market for our current and future digital bank offerings," said Kenneth Chau , Chief Technology Officer at WeLab Bank.
  • "Solace is proud to be a part of Hong Kong's digital banking revolution by working with WeLab Bank to bring a next-generation banking experience to fruition," said Sumeet Puri , Chief Technology Solutions Officer, Solace.
  • WeLab Bank Limited ("WeLab Bank" or the "Bank"), is a homegrown virtual bank licensed by the Hong Kong Monetary Authority ("HKMA").

Guaranty Bancshares, Inc. Declares Quarterly Dividend

Banking, Professional services, Banks of the United States, Guaranty Bank & Trust, Companies, Guaranty Bank, Banks, First Guaranty Bank, Guaranty Federal Bancshares
Wednesday, September 16, 2020 - 9:30pm

Guaranty Bancshares, Inc. (NASDAQ: GNTY), the parent company of Guaranty Bank & Trust, N.A., today announced that its Board of Directors has declared a quarterly cash dividend in the amount of $0.20 per share of common stock.

Key Points: 
  • Guaranty Bancshares, Inc. (NASDAQ: GNTY), the parent company of Guaranty Bank & Trust, N.A., today announced that its Board of Directors has declared a quarterly cash dividend in the amount of $0.20 per share of common stock.
  • The dividend will be paid on October 14, 2020 to stockholders of record as of the close of business on September 28, 2020.
  • Guaranty Bancshares, Inc. is a bank holding company that conducts commercial banking activities through its wholly-owned subsidiary, Guaranty Bank & Trust, N.A.
  • As of June 30, 2020, Guaranty Bancshares, Inc. had total assets of $2.7 billion, total loans of $1.9 billion and total deposits of $2.2 billion.