House of Morgan

Graham Corporation Acquires Barber-Nichols Inc. for $70 million

Retrieved on: 
Tuesday, June 1, 2021
Steel, Other Energy, Engineering, Utilities, Chemicals, Plastics, Oil, Gas, Alternative energy, Manufacturing, Energy, Nuclear, JPMorgan Chase, Chase Bank, House of Morgan, Rockefeller family, Companies

The cash consideration was paid using a combination of $41.1 million of cash on hand and $20.0 million from a new credit facility.

Key Points: 
  • The cash consideration was paid using a combination of $41.1 million of cash on hand and $20.0 million from a new credit facility.
  • Graham entered into a new five-year, $20 million term loan to pay a portion of the acquisition purchase price and a $30 million revolver with a $10 million accordion feature for potential acquisitions.
  • Matthew Malone, who had been recently named BNIs President & CEO, has been appointed Vice President and General Manager- Barber-Nichols for Graham Corporation.
  • Graham routinely posts news and other important information on its website, www.graham-mfg.com , where additional comprehensive information on Graham Corporation and its subsidiaries can be found.

Growve Raises $175 Million in Bank Syndication

Retrieved on: 
Thursday, May 27, 2021
Finance, Banks, Financial services, Financial District, San Francisco, Primary dealers, House of Morgan, HSBC, Wells Fargo, Chase Bank, JPMorgan Chase

ST. PETERSBURG, Fla., May 27, 2021 /PRNewswire/ --Growve today announced $175 million in funding from multiple syndication partners to fuel further acquisitions of omnichannel natural wellness & body care brands.

Key Points: 
  • ST. PETERSBURG, Fla., May 27, 2021 /PRNewswire/ --Growve today announced $175 million in funding from multiple syndication partners to fuel further acquisitions of omnichannel natural wellness & body care brands.
  • The expanded banking syndicate has the capacity to facilitate Growve's aggressive growth trajectory and is comprised of Truist Bank, Compeer Financial, Wells Fargo, N.A., First Horizon Bank, JP Morgan Chase & Co., Synovus Bank, South State Bank, N.A., Atlantic Capital Bank, N.A., HSBC Bank USA, N.A.
  • and Seaside Bank and Trust, a division of United Community Bank.
  • This bank syndication, in the wake of the Palm Beach Capital announcement, demonstrates investors' support for our vision, strategy and phenomenal growth potential.

German Business Leaders Remain Optimistic on Growth and Economy Despite Pandemic, Inaugural J.P. Morgan Survey Finds

Retrieved on: 
Thursday, May 27, 2021
Engineering, Technology, Manufacturing, Other Communications, Publishing, Marketing, Advertising, Communications, Social media, Legal, Insurance, Human resources, Finance, Consulting, Banking, Biotechnology, Professional services, Health, Telecommunications, Software, Internet, Hardware, Financial services, Finance, Banking, House of Morgan, Primary dealers, Gilded Age, J. P. Morgan, U.S. Steel, Optimism, JPMorgan Chase, Morgan

(Graphic: Business Wire)

Key Points: 
  • (Graphic: Business Wire)
    J.P. Morgan surveyed 238 senior executives of German mid-cap companies and found that nearly 60% believe the global and German economies are heading in a positive direction over the next year.
  • This optimism is being fueled by three-quarters of respondents reporting that they anticipate revenue/sales and profits will increase in the year ahead.
  • While many executive leaders are optimistic about the future, theyre faced with the realities of an unpredictable operating environment.
  • For more information on the 2021 J.P. Morgan Business Leaders Outlook in Germany, visit www.jpmorgan.com/businessleadersoutlook-germany .

Discover Financial Services to Present at Morgan Stanley US Financials, Payments & CRE Conference

Retrieved on: 
Wednesday, May 26, 2021
Banking, Professional services, Finance, Finance, Companies, Financial services, Discover Financial, Riverwoods, Illinois, Discover Card, House of Morgan, Morgan Stanley, DFS, Discover, New York Stock Exchange

Roger Hochschild, chief executive officer and president of Discover, will present at the Morgan Stanley US Financials, Payments & CRE Virtual Conference on Tuesday, June 15, 2021, at 7:30 a.m.

Key Points: 
  • Roger Hochschild, chief executive officer and president of Discover, will present at the Morgan Stanley US Financials, Payments & CRE Virtual Conference on Tuesday, June 15, 2021, at 7:30 a.m.
  • A link to the listen-only live audio webcast will be posted on the day of the conference to Discover's Investor Relations website at http://investorrelations.discover.com .
  • A replay will be available for 90 days after the conference at the same website address.
  • Discover Financial Services (NYSE: DFS) is a digital banking and payment services company with one of the most recognized brands in U.S. financial services.

James Gorman and Andy Saperstein to Speak at the Annual Morgan Stanley U.S. Financials, Payments & CRE Conference

Retrieved on: 
Wednesday, May 26, 2021
Consulting, Banking, Professional services, Finance, Primary dealers, Finance, House of Morgan, Subprime mortgage crisis, Financial services, Banks, Mitsubishi UFJ Financial Group, Morgan Stanley, New York Stock Exchange

Andy Saperstein, Co-President of Morgan Stanley, will speak at the Annual Morgan Stanley U.S. Financials, Payments & CRE Conference which will be held in a virtual format on Monday, June 14, 2021 at 8:45 a.m. (ET).

Key Points: 
  • Andy Saperstein, Co-President of Morgan Stanley, will speak at the Annual Morgan Stanley U.S. Financials, Payments & CRE Conference which will be held in a virtual format on Monday, June 14, 2021 at 8:45 a.m. (ET).
  • James Gorman, Chairman and Chief Executive Officer of Morgan Stanley, will speak on Monday, June 14, 2021 at 11:45 a.m. (ET).
  • Both live and on-demand versions of the webcast will be available on www.morganstanley.com in the Investor Relations section.
  • Morgan Stanley (NYSE: MS) is a leading global financial services firm providing investment banking, securities, wealth management and investment management services.

Ally Financial to present at the Morgan Stanley Virtual Financials, Payments & CRE Conference

Retrieved on: 
Wednesday, May 26, 2021
Service companies, Finance, Financial services, House of Morgan, Mitsubishi UFJ Financial Group, Morgan Stanley, Subprime mortgage crisis, Ally Financial, New York Stock Exchange, Ally

CHARLOTTE, N.C., May 26, 2021 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) Auto Finance President, Doug Timmerman, will present at the Morgan Stanley Virtual Financials, Payments & CRE Conference on Wednesday, June 16, 2021 from approximately 10:15 - 10:50 a.m.

Key Points: 
  • CHARLOTTE, N.C., May 26, 2021 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) Auto Finance President, Doug Timmerman, will present at the Morgan Stanley Virtual Financials, Payments & CRE Conference on Wednesday, June 16, 2021 from approximately 10:15 - 10:50 a.m.
  • A live video webcast will be available on the day of the virtual conference at http://www.ally.com/about/investor/ under the Events and Presentations section of the Investor Relations website.
  • Ally Financial Inc. (NYSE: ALLY) is a leading digital financial-services company with $181.9 billion in assets as of March 31, 2021.
  • For more information and disclosures about Ally, visit https://www.ally.com/#disclosures .

CMX Announces $50 Million Series A Investment Led by Morgan Stanley Expansion Capital

Retrieved on: 
Wednesday, May 26, 2021
Finance, House of Morgan, Investment banks, Banks, Mitsubishi UFJ Financial Group, Morgan Stanley, Subprime mortgage crisis

We look forward to the partnership with Morgan Stanley Expansion Capital to further expand on that vision and accelerate our growth.

Key Points: 
  • We look forward to the partnership with Morgan Stanley Expansion Capital to further expand on that vision and accelerate our growth.
  • Isetta and Nocito will join the CMX Board from Morgan Stanley Expansion Capital, alongside Adam Aarons and Phil Sanford.
  • Morgan Stanley Expansion Capital and Morgan Stanley Private Credit are part of Morgan Stanley Investment Managements Private Credit & Equity platform.
  • Morgan Stanley Private Credit & Equity, part of Morgan Stanley Investment Management, is comprised of investment strategies providing private capital with a primary focus on middle-market companies.

Former JPMorgan Chase Division CEO Kevin Watters joins FormFree board of directors

Retrieved on: 
Tuesday, May 25, 2021
Financial services, House of Morgan, Banking, Finance, JPMorgan Chase, Chase Bank, Investment banking

ATHENS, Ga., May 25, 2021 /PRNewswire/ -- FormFree today welcomed Kevin Watters to its board of directors.

Key Points: 
  • ATHENS, Ga., May 25, 2021 /PRNewswire/ -- FormFree today welcomed Kevin Watters to its board of directors.
  • Watters served in multiple senior executive positions during his 18-year tenure at JPMorgan Chase, including five years as president of the investment bank's internet group and five years as CEO of its business banking division.
  • Since retiring from JPMorgan Chase, Watters has taken on roles as an advisor and educator.
  • I am very pleased to help shape FormFree's trajectory as a member of its board of directors," said Watters.

Morgan Stanley Schedules Quarterly Investor Conference Call

Retrieved on: 
Monday, May 24, 2021
Banking, Professional services, Finance, Financial services, Finance, Primary dealers, Banking, Subprime mortgage crisis, House of Morgan, Mitsubishi UFJ Financial Group, Morgan Stanley, New York Stock Exchange, Investment banking

Morgan Stanley (NYSE: MS) will announce its second quarter 2021 financial results on Thursday, July 15, 2021, at approximately 7:30 a.m. (ET).

Key Points: 
  • Morgan Stanley (NYSE: MS) will announce its second quarter 2021 financial results on Thursday, July 15, 2021, at approximately 7:30 a.m. (ET).
  • A conference call to discuss the results will be held on July 15, 2021, at 8:30 a.m. (ET).
  • Morgan Stanley is a leading global financial services firm providing investment banking, securities, wealth management and investment management services.
  • For more information about Morgan Stanley, please visit www.morganstanley.com .

City National Bank Hires Cross-Border Banking Team in New York

Retrieved on: 
Monday, May 24, 2021
Finance, Financial services, Banks, Primary dealers, House of Morgan, JPMorgan Chase, HSBC, Citigroup

In addition, in 2019, City National opened its first full-service regional banking center on Long Island, in Melville.

Key Points: 
  • In addition, in 2019, City National opened its first full-service regional banking center on Long Island, in Melville.
  • This Cross-Border Banking team brings another key differentiator to City National that complements our growth strategy, especially on the East Coast, said Scott Witter, executive vice president and head of Personal & Business Banking at City National.
  • Prior to joining City National, Bostwick built and grew expatriate banking programs at JPMorgan Chase & Co., Citigroup and most recently HSBC Bank.
  • Prior to joining City National, Kramer helped to develop the Law Firm Team for HSBC Bank, providing commercial and professional banking services to the AmLaw 200-member law firms.