UBS

MedMen Announces Investment from AWH into MedMen’s New York Operations

Friday, February 26, 2021 - 12:58am

MedMen Enterprises Inc. (MedMen or the Company) (CSE: MMEN) (OTCQX: MMNFF), a cannabis retailer with operations across the U.S., today announced the signing of a definitive investment agreement (the Investment Agreement) with Ascend Wellness Holdings, LLC (AWH), whereby, subject to approval from the New York State Department of Health and other applicable regulatory bodies, AWH will complete an investment (the Investment) totaling up to approximately $73 million in MedMen NY Inc. (MMNY), MedMens subsidiary in the state of New York.

Key Points: 
  • MedMen Enterprises Inc. (MedMen or the Company) (CSE: MMEN) (OTCQX: MMNFF), a cannabis retailer with operations across the U.S., today announced the signing of a definitive investment agreement (the Investment Agreement) with Ascend Wellness Holdings, LLC (AWH), whereby, subject to approval from the New York State Department of Health and other applicable regulatory bodies, AWH will complete an investment (the Investment) totaling up to approximately $73 million in MedMen NY Inc. (MMNY), MedMens subsidiary in the state of New York.
  • In connection with the Investment, and subject to regulatory approval, MMNY will engage the services of AWH pursuant to a management agreement (the Management Agreement) under which AWH will advise on MMNYs operations pending regulatory approval of the Investment transaction.
  • Following its investment, AWH will hold a controlling interest in MMNY equal to approximately 86.7% of the equity in MMNY, and be provided with an option to acquire MedMens remaining interest in MMNY in the future.
  • MedMen is a U.S. cannabis retailer with flagship locations in Los Angeles, Las Vegas, Chicago, and New York.

Two UBS Private Wealth Advisors Named to Forbes/SHOOK Best-In-State Wealth Advisors List

Thursday, February 25, 2021 - 3:22pm

UBS Private Wealth Management announced today that John C. Castronuovo and Robert E. DeForest , Private Wealth Advisors in the firms West Palm Beach office, have been named to the Forbes/SHOOK Research Best-In-State Wealth Advisors list for 2021.

Key Points: 
  • UBS Private Wealth Management announced today that John C. Castronuovo and Robert E. DeForest , Private Wealth Advisors in the firms West Palm Beach office, have been named to the Forbes/SHOOK Research Best-In-State Wealth Advisors list for 2021.
  • View the full release here: https://www.businesswire.com/news/home/20210225005770/en/
    UBS Private Wealth Management announced today that Robert E. DeForest, Private Wealth Advisor in the firms West Palm Beach office, has been named to the Forbes/SHOOK Research Best-In-State Wealth Advisors list for 2021.
  • (Photo: Business Wire)
    On behalf of the firm, we congratulate John and Rob for this incredible achievement, said Karl Ruppert, South Florida Complex Director at UBS Private Wealth Management.
  • This years Forbes/SHOOK Research Best-in-State Wealth Advisors list is comprised of over 5,000 Advisors across the country, managing more than $6 trillion in client assets.

UBS Advisor Christopher Black named to Forbes/SHOOK Best-in-State Wealth Advisors List

Thursday, February 25, 2021 - 3:00pm

UBS Private Wealth Management announced today that Christopher Black , a Private Wealth Advisor in the firms Houston office, has been named to the Forbes/SHOOK Research Best-in-State Wealth Advisors list for 2021.

Key Points: 
  • UBS Private Wealth Management announced today that Christopher Black , a Private Wealth Advisor in the firms Houston office, has been named to the Forbes/SHOOK Research Best-in-State Wealth Advisors list for 2021.
  • On behalf of the firm, were proud that Chris has been named to this years list, said Thomas Stacy, Texas Market Head at UBS Private Wealth Management.
  • This years Forbes/SHOOK Research Best-in-State Wealth Advisors list is comprised of over 5,000 Advisors across the country, managing more than $6 trillion in client assets.
  • As the world's largest wealth manager, UBS Global Wealth Management provides comprehensive advice, solutions and services to wealthy families and individuals around the world.

Renewable Energy Group to Participate at Upcoming Investor Conferences

Thursday, February 25, 2021 - 2:05pm

Renewable Energy Group, Inc. (NASDAQ:REGI) today announced that its management team is scheduled to attend the following upcoming investor conferences.

Key Points: 
  • Renewable Energy Group, Inc. (NASDAQ:REGI) today announced that its management team is scheduled to attend the following upcoming investor conferences.
  • On Monday, March 1, 2021, the management team will participate in the Credit Suisse 26th Annual Energy Summit.
  • On Thursday, March 18, 2021, the management team will participate in the UBS Energy Virtual Conference 2021.
  • Renewable Energy Group, Inc. (Nasdaq: REGI) is leading the energy industry's transition to sustainability by transforming renewable resources into high-quality, cleaner fuels.

XL Fleet Becomes Electric Transportation Partner of UBS Arena and the New York Islanders, Plans to Deploy 1,000 EV Charging Stations

Thursday, February 25, 2021 - 12:00pm

To support this project, XL Fleet will leverage the breadth of its full electrification portfolio, including its XL Grid division launched in December 2020.

Key Points: 
  • To support this project, XL Fleet will leverage the breadth of its full electrification portfolio, including its XL Grid division launched in December 2020.
  • XL Fleet plans to deploy and manage a robust suite of electrification infrastructure, including solar power generation, energy storage and vehicle charging stations, and to equip and deploy fleets of electric vehicles for use by UBS Arena and the New York Islanders.
  • Partnering with XL Fleet to advance our electric vehicle infrastructure illustrates the groundbreaking work being done at UBS Arena to prioritize sustainability throughout our operations, said Hank Abate, President of Arena Operations at UBS Arena.
  • XL Fleet offers a full suite of electrification solutions that includes electrified powertrains, charging infrastructure, power management and fleet intelligence data.

National Bank Holdings Corporation Announces Increase in its Stock Repurchase Program to $75 million

Wednesday, February 24, 2021 - 9:10pm

The Company has repurchased $6.9 million of its previously authorized $50.0 million stock repurchase program announced in February 2020.

Key Points: 
  • The Company has repurchased $6.9 million of its previously authorized $50.0 million stock repurchase program announced in February 2020.
  • The new program of $75.0 million replaces this previously authorized program in its entirety.
  • 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 89 banking centers, serving individual consumers, small, medium and large businesses, and government and non-profit entities.

Stifel Financial to Present at the Credit Suisse Financial Services Forum

Wednesday, February 24, 2021 - 9:15pm

ST. LOUIS, Feb. 24, 2021 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced its participation in the Credit Suisse Financial Services Forum on Friday, February 26, 2021.

Key Points: 
  • ST. LOUIS, Feb. 24, 2021 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced its participation in the Credit Suisse Financial Services Forum on Friday, February 26, 2021.
  • Stifel Financial Corp. (NYSE: SF) is a financial services holding company headquartered in St. Louis, Missouri, that conducts its banking, securities, and financial services business through several wholly owned subsidiaries.
  • The Companys broker-dealer affiliates provide securities brokerage, investment banking, trading, investment advisory, and related financial services to individual investors, professional money managers, businesses, and municipalities.
  • Stifel Bank and Stifel Bank & Trust offer a full range of consumer and commercial lending solutions.

Atria Wealth Solutions Partners with Riskalyze to Empower Financial Professionals with Holistic View on Client Risk

Wednesday, February 24, 2021 - 6:45pm

Riskalyze , the company that serves tens of thousands of financial advisors with risk alignment and portfolio analytics, and Atria Wealth Solutions, Inc. (Atria), a multi-channel wealth management solutions holding company, today announced a new partnership that equips nearly 2,500 financial professionals registered through Atria owned broker-dealers with access to Riskalyze as part of its suite of technology tools and integrated financial planning solutions.

Key Points: 
  • Riskalyze , the company that serves tens of thousands of financial advisors with risk alignment and portfolio analytics, and Atria Wealth Solutions, Inc. (Atria), a multi-channel wealth management solutions holding company, today announced a new partnership that equips nearly 2,500 financial professionals registered through Atria owned broker-dealers with access to Riskalyze as part of its suite of technology tools and integrated financial planning solutions.
  • Its broker-dealers have had strong financial professional recruitment and growth of existing financial professionals practices.
  • Atria Wealth Solutions, Inc. (Atria) is a wealth management solutions holding company focused on delivering a clear path to the future of financial advice for financial professionals, financial institutions and their clients.
  • Headquartered in New York City, Atria's broker-dealer subsidiaries empower financial institutions and financial professionals with a sophisticated set of tools, services, and capabilities that drive growth.

First Foundation Continues Partnership with Pacific Coast Banking School as Two Additional Team Members Graduate in 2020 Class

Wednesday, February 24, 2021 - 2:00pm

First Foundation Inc. (NASDAQ: FFWM), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced today two team members graduated from Pacific Coast Banking Schools class of 2020.

Key Points: 
  • First Foundation Inc. (NASDAQ: FFWM), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced today two team members graduated from Pacific Coast Banking Schools class of 2020.
  • In 2019 First Foundation announced a tuition reimbursement program designed for employees interested in attending Pacific Coast Banking School (PCBS).
  • First Foundation is proud to partner with PCBS and pleased to offer its employees an opportunity to further their careers in banking.
  • First Foundation Inc. (NASDAQ: FFWM) and its subsidiaries offer personal banking, business banking, and private wealth management services, including investment, trust, insurance, and philanthropy services.

Versabank to Launch VCAD, World's First Bank-issued, Deposit-based Digital Currency

Wednesday, February 24, 2021 - 12:50pm

VCAD is expected to be the first digital currency to representa fiat currency, as well as the first in the world digital currency issued by and backed by deposits with a North American bank.

Key Points: 
  • VCAD is expected to be the first digital currency to representa fiat currency, as well as the first in the world digital currency issued by and backed by deposits with a North American bank.
  • VCAD is based on VersaBank's proprietary banking software and the digital currency issuance processes for VCAD will be securely managed via VersaVault, VersaBank subsidiary, DRT Cyber Inc.'s ("DRT Cyber"), world leading digital bank vault designed to secure digital assets.
  • Mr. Taylor added, "VersaBank was the very first digital bank nearly 30 years ago and has continuously been a pioneer in digital banking in the decades since.
  • In addition to VCAD, under their partnership, VersaBank and Stablecorp plan to work together towards the development and launch of "VUS" and "VEuro", deposit-based, US dollar and Euro versions of the VersaBank digital currency.