Investment banks

Citizens Financial Group, Inc. to Acquire HSBC East Coast Branches and National Online Deposit Business

Retrieved on: 
Wednesday, May 26, 2021

has entered into an agreement to acquire 80 East Coast branches and the national online deposit business from HSBC Bank U.S.A, N.A..

Key Points: 
  • has entered into an agreement to acquire 80 East Coast branches and the national online deposit business from HSBC Bank U.S.A, N.A..
  • With a sizable customer base and a solid deposit franchise, this acquisition will serve as a springboard for our consumer national expansion strategy.
  • We are excited to welcome the HSBC employees and customers to Citizens, said Brendan Coughlin, Citizens Head of Consumer Banking.
  • The branches to be acquired will operate as HSBC branches until closing and will be re-branded as Citizens branches immediately upon closing of the transaction.

Houlihan Lokey Builds Secondary Advisory with Senior Hire

Retrieved on: 
Wednesday, May 26, 2021

Mr. Shamsi joins from Credit Suisse, where he led secondary advisory activities in the Americas as a member of the Private Funds Groups Capital Solutions team.

Key Points: 
  • Mr. Shamsi joins from Credit Suisse, where he led secondary advisory activities in the Americas as a member of the Private Funds Groups Capital Solutions team.
  • Prior to Credit Suisse, he was part of the founding team and a Managing Director in Evercores Private Capital Advisory group.
  • In addition to private capital raising, the Private Funds Groups practice areas also include secondary advisory and general partner advisory.
  • Houlihan Lokey (NYSE:HLI) is a global investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and valuation.

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

Retrieved on: 
Wednesday, May 26, 2021

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.

Central Global Berhad Posts 25% Rise in Revenue

Retrieved on: 
Tuesday, May 25, 2021

KUALA LUMPUR, May 25, 2021 - (ACN Newswire) - Main Market-listed Central Global Berhad ("CGB") recorded a 25.42% increase in revenue to RM37.56 million for the first quarter ended 31 March 2021 ("1Q2021") compared to RM29.95 million recorded in the same quarter of the previous year.

Key Points: 
  • KUALA LUMPUR, May 25, 2021 - (ACN Newswire) - Main Market-listed Central Global Berhad ("CGB") recorded a 25.42% increase in revenue to RM37.56 million for the first quarter ended 31 March 2021 ("1Q2021") compared to RM29.95 million recorded in the same quarter of the previous year.
  • The plans that we shared publicly are being implemented and we are confident that these plans will benefit the Group."
  • "The approval by Bursa Malaysia Securities Berhad of our proposed private placement of 18 million new shares in late April will help these plans along.
  • We continue to adhere to all standard operating procedures to ensure the safety and health of our employees, vendors and customers."

EVI Industries to Attend UBS Global Industrials and Transportation Virtual Conference

Retrieved on: 
Monday, May 24, 2021

EVI Industries, Inc. (NYSE American: EVI) announced today that Henry M. Nahmad, Chairman and CEO, is scheduled to host one-on-one meetings with registered investors at the UBS Global Industrials and Transportation Virtual Conference on June 8, 2021.

Key Points: 
  • EVI Industries, Inc. (NYSE American: EVI) announced today that Henry M. Nahmad, Chairman and CEO, is scheduled to host one-on-one meetings with registered investors at the UBS Global Industrials and Transportation Virtual Conference on June 8, 2021.
  • For more information on the conference and to schedule a one-on-one meeting, please contact UBS.
  • EVI is executing a long-term focused buy-and-build growth strategy in and around the commercial laundry industry.
  • EVI Industries, Inc., through its wholly owned subsidiaries, is a value-added distributor, and a provider of advisory and technical services to the commercial laundry industry.

BOK Financial named a 2021 DiversityInc Top Regional Company

Retrieved on: 
Friday, May 21, 2021

b'TULSA, Okla., May 21, 2021 (GLOBE NEWSWIRE) -- BOK Financial has been recognized by DiversityInc\xc2\xae as one of the nation\'s top 20 regional companies for diversity and inclusion.\nThe DiversityInc survey is one of the most comprehensive data-driven D&I analyses of some of the largest U.S. employers.

Key Points: 
  • b'TULSA, Okla., May 21, 2021 (GLOBE NEWSWIRE) -- BOK Financial has been recognized by DiversityInc\xc2\xae as one of the nation\'s top 20 regional companies for diversity and inclusion.\nThe DiversityInc survey is one of the most comprehensive data-driven D&I analyses of some of the largest U.S. employers.
  • For more information, visit www.diversityinc.com and follow us on Facebook , Twitter and LinkedIn @DiversityInc.\nBOK Financial Corporation is a more than $47 billion regional financial services company headquartered in Tulsa, Okla. with more than $90 billion in assets under management and administration.
  • BOK Financial Corporation\'s holdings include BOKF, NA; BOK Financial Securities, Inc., BOK Financial Private Wealth, and BOK Financial Insurance, Inc. BOKF, NA operates TransFund, Cavanal Hill Investment Management and BOK Financial Asset Management, Inc. BOKF, NA operates banking divisions across eight states as: Bank of Albuquerque, Bank of Oklahoma, Bank of Texas and BOK Financial (in Arizona, Arkansas, Colorado, Kansas and Missouri); as well as having limited purpose offices Nebraska, Milwaukee and Connecticut.
  • Through its subsidiaries, BOK Financial Corporation provides commercial and consumer banking, brokerage trading, investment, trust and insurance services, mortgage origination and servicing, and an electronic funds transfer network.

Prospect Capital Corporation Announces Pricing of $300 Million of 3.364% Notes due 2026

Retrieved on: 
Thursday, May 20, 2021

b"NEW YORK, May 20, 2021 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (\xe2\x80\x9cProspect\xe2\x80\x9d, \xe2\x80\x9cour\xe2\x80\x9d, or \xe2\x80\x9cwe\xe2\x80\x9d) announced today the pricing of $300 million in aggregate principal amount of 3.364% notes due 2026 (the \xe2\x80\x9cNotes\xe2\x80\x9d).

Key Points: 
  • b"NEW YORK, May 20, 2021 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (\xe2\x80\x9cProspect\xe2\x80\x9d, \xe2\x80\x9cour\xe2\x80\x9d, or \xe2\x80\x9cwe\xe2\x80\x9d) announced today the pricing of $300 million in aggregate principal amount of 3.364% notes due 2026 (the \xe2\x80\x9cNotes\xe2\x80\x9d).
  • The Notes will bear interest at a rate of 3.364% per year payable semi-annually in arrears on May 15 and November 15 of each year, commencing on November 15, 2021.
  • KeyBanc Capital Markets, BNP PARIBAS, CIBC Capital Markets, Mizuho Securities and R. Seelaus & Co., LLC are acting as joint lead managers for this offering.
  • WauBank Securities LLC, M&T Securities, Comerica Securities, UBS Investment Bank and Incapital are acting as senior co-managers for this offering.

Bank of the James Declares 10% Stock Dividend

Retrieved on: 
Thursday, May 20, 2021

As an example, each shareholder will receive one additional share of stock for every ten shares owned on the record date of June 25, 2021.

Key Points: 
  • As an example, each shareholder will receive one additional share of stock for every ten shares owned on the record date of June 25, 2021.
  • The bank offers full investment and insurance services through its BOTJ Investment Services division and BOTJ Insurance, Inc. subsidiary.
  • The bank provides mortgage loan origination through Bank of the James Mortgage, a division of Bank of the James.
  • Bank of the James Financial Group, Inc. common stock is listed under the symbol \xe2\x80\x9cBOTJ\xe2\x80\x9d on the NASDAQ Stock Market, LLC.

Midwest Row Crop Collaborative Receives $1.6 Million HSBC Bank USA Grant to Help Build a More Resilient U.S. Food System

Retrieved on: 
Thursday, May 20, 2021

View the full release here: https://www.businesswire.com/news/home/20210520005653/en/\nNature-based Solutions for Catalyzing a More Resilient U.S. Food System is the only U.S.-based project included as part of the Climate Solutions Partnership , which HSBC announced today.

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210520005653/en/\nNature-based Solutions for Catalyzing a More Resilient U.S. Food System is the only U.S.-based project included as part of the Climate Solutions Partnership , which HSBC announced today.
  • These practices protect against the flooding and erosion impacts of increasingly extreme weather, improve crop yields, and reduce production costs.
  • Members include Bayer, Cargill, Environmental Defense Fund, Kellogg Company, PepsiCo, The Nature Conservancy, Unilever, Walmart, and World Wildlife Fund.\nHSBC Bank USA, National Association (HSBC Bank USA, N.A.)
  • is the principal subsidiary of HSBC USA Inc., a wholly owned subsidiary of HSBC North America Holdings Inc.

Mark Olexy Joins ITE To Grow Aviation Business Within Transport Real Assets Platform

Retrieved on: 
Thursday, May 20, 2021

b'NEW YORK, May, 20, 2021 /PRNewswire/ --ITE Management L.P. ("ITE"), an investment management firm focused on real assets in the industrial transportation sector, today announced the appointment ofMark Olexyas Managing Director of Aviation.

Key Points: 
  • b'NEW YORK, May, 20, 2021 /PRNewswire/ --ITE Management L.P. ("ITE"), an investment management firm focused on real assets in the industrial transportation sector, today announced the appointment ofMark Olexyas Managing Director of Aviation.
  • He comes to ITE from BNP Paribas where he was Managing Director and Head of Equity Private Placements leading their transportation, aviation, and aircraft leasing capital raising initiatives.
  • As the premier industrial real asset platform, we have a proven and creative approach to grow our existing aviation strategy.
  • ITE Management works directly with operators to build a diversified hard asset portfolio across railcars, aircraft, containers, and barges.