Currency

A Complete Guide to Citibank Foreign Currency Account

Retrieved on: 
Wednesday, December 27, 2023

Citibank's Foreign Currency Account may be your solution - with a single account, you can conveniently carry out transactions in multiple currencies.

Key Points: 
  • Citibank's Foreign Currency Account may be your solution - with a single account, you can conveniently carry out transactions in multiple currencies.
  • Here are the 3 essential benefits you can enjoy as a Citibank Foreign Currency Account holder:
    - Deposit funds in your preferred currency, simplifying the management of your overseas transactions.
  • - US$ Savings Account : As the name suggests, this Foreign Currency Account is a savings account that helps you conveniently manage your US dollar funds.
  • This Foreign Currency Account by Citibank provides greater transactional flexibility and comes with a complimentary Citibank Debit Card.

BGC Group Updates its Outlook for the Fourth Quarter of 2023 and Provides Update to FMX Announcement Timing

Retrieved on: 
Friday, December 29, 2023

NEW YORK, Dec. 29, 2023 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC), today announced that it has updated its outlook for the quarter ending December 31, 2023 and provided an update to the expected timing of upcoming FMX announcements.

Key Points: 
  • NEW YORK, Dec. 29, 2023 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC), today announced that it has updated its outlook for the quarter ending December 31, 2023 and provided an update to the expected timing of upcoming FMX announcements.
  • BGC expects to be around the high-end of its previously stated outlook ranges for revenue and pre-tax Adjusted Earnings for the fourth quarter of 2023.
  • Howard W. Lutnick, Chairman and CEO of BGC Group, a leading global brokerage and financial technology company, said, "Our business performed strongly throughout the fourth quarter.
  • We expect to report double-digit revenue and pre-tax Adjusted Earnings growth for both the fourth quarter and full year 2023."

BGC Group Updates its Outlook for the Fourth Quarter of 2023 and Provides Update to FMX Announcement Timing

Retrieved on: 
Friday, December 29, 2023

NEW YORK, Dec. 29, 2023 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC), today announced that it has updated its outlook for the quarter ending December 31, 2023 and provided an update to the expected timing of upcoming FMX announcements.

Key Points: 
  • NEW YORK, Dec. 29, 2023 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC), today announced that it has updated its outlook for the quarter ending December 31, 2023 and provided an update to the expected timing of upcoming FMX announcements.
  • BGC expects to be around the high-end of its previously stated outlook ranges for revenue and pre-tax Adjusted Earnings for the fourth quarter of 2023.
  • Howard W. Lutnick, Chairman and CEO of BGC Group, a leading global brokerage and financial technology company, said, "Our business performed strongly throughout the fourth quarter.
  • We expect to report double-digit revenue and pre-tax Adjusted Earnings growth for both the fourth quarter and full year 2023."

Fanatics Betting & Gaming Launches Retail and Online Sports Betting in Connecticut

Retrieved on: 
Tuesday, December 12, 2023

WALLINGFORD, Conn., Dec. 12, 2023 (GLOBE NEWSWIRE) -- Fanatics Betting and Gaming, a subsidiary of Fanatics Holdings Inc., a global digital sports platform, soft launched retail and online sports betting today in Connecticut.

Key Points: 
  • WALLINGFORD, Conn., Dec. 12, 2023 (GLOBE NEWSWIRE) -- Fanatics Betting and Gaming, a subsidiary of Fanatics Holdings Inc., a global digital sports platform, soft launched retail and online sports betting today in Connecticut.
  • The Fanatics Sportsbook now serves as the Connecticut Lottery Corporation’s (CLC) exclusive sports betting partner for mobile and retail channels.
  • Sports fans in Connecticut will be able to download the Fanatics Sportsbook on iOS and Android or visit any of ten retail sports betting locations to begin their Fanatics experience.
  • Fanatics Betting and Gaming will upgrade the ten CT Lottery run retail locations in Connecticut with new signage, enhanced odds screens and brand-new self-service betting kiosks from Suzohapp.

U.S. Century Bank Names William Turner New Executive Vice President and Chief Credit Officer

Retrieved on: 
Thursday, December 7, 2023

MIAMI, Dec. 07, 2023 (GLOBE NEWSWIRE) -- USCB Financial Holdings, Inc. (the “Company”) (NASDAQ: USCB ), the holding company for U.S. Century Bank (the “Bank”), announced today that William “Bill” Turner, a bank executive with more than 35 years of credit experience, has been named the Bank’s new executive vice president and chief credit officer.

Key Points: 
  • MIAMI, Dec. 07, 2023 (GLOBE NEWSWIRE) -- USCB Financial Holdings, Inc. (the “Company”) (NASDAQ: USCB ), the holding company for U.S. Century Bank (the “Bank”), announced today that William “Bill” Turner, a bank executive with more than 35 years of credit experience, has been named the Bank’s new executive vice president and chief credit officer.
  • Most recently, Turner served as the chief credit officer at Interamerican Bank and previously held the same position at Apollo Bank, both in Miami.
  • Additionally, he served as senior vice president and credit policy officer at TotalBank, also in Miami.
  • Turner began his banking career as a national bank examiner for the Office of the Comptroller of the Currency in South Florida.

Fanatics Sportsbook Is Live in Virginia

Retrieved on: 
Tuesday, November 21, 2023

Sports fans living in and visiting Virginia will be able to download the Fanatics Sportsbook on iOS and Android and begin their Fanatics experience.

Key Points: 
  • Sports fans living in and visiting Virginia will be able to download the Fanatics Sportsbook on iOS and Android and begin their Fanatics experience.
  • In Virginia, each customer’s username, password, account balance, rewards and responsible gaming settings will be automatically migrated to the Fanatics Sportsbook.
  • Live streaming: The Fanatics Sportsbook, in partnership with Genius Sports Limited, was one of the first legal sportsbooks to launch BetVision, a first-of-its-kind live sports betting product that enables customers to place bets while live streaming select professional football games in the sportsbook app.
  • To download images and videos of the Fanatics Sportsbook, visit the Fanatics Media Center and for more news and information, follow us on the Fanatics Sportsbook social channels on X @FanaticsBook_PB and on Instagram @FanaticsBook_PB .

Fanatics Sportsbook Launches in West Virginia

Retrieved on: 
Thursday, November 16, 2023

Sports fans living in and visiting West Virginia will be able to download the Fanatics Sportsbook on iOS and Android and begin their Fanatics experience.

Key Points: 
  • Sports fans living in and visiting West Virginia will be able to download the Fanatics Sportsbook on iOS and Android and begin their Fanatics experience.
  • As part of the launch in West Virginia, Fanatics Betting and Gaming will pilot its new online casino, embedded in the Fanatics Sportsbook app.
  • In West Virginia only, each customer’s username, password, account balance, rewards points and responsible gaming settings will be automatically migrated to the Fanatics Sportsbook.
  • To download images and videos of the Fanatics Sportsbook, visit the Fanatics Media Center and for more news and information, follow us on the Fanatics Sportsbook social channels on X @FanaticsBook_PB and on Instagram @FanaticsBook_PB .

Institutional Crypto Brokerage Nonco Secures $10m of aggregate new capital in Seed Round, Led by Valor Capital Group and Hack VC

Retrieved on: 
Monday, December 11, 2023

Nonco, an institutional digital asset brokerage firm, announced the close of its seed round today, in which it received a total of $10m of aggregate new capital.

Key Points: 
  • Nonco, an institutional digital asset brokerage firm, announced the close of its seed round today, in which it received a total of $10m of aggregate new capital.
  • The seed round was a combination of equity and convertible notes, the round was led by Valor Capital Group and Hack VC.
  • The capital will be used by Nonco to continue its growth and serve the Americas growing institutional demand.
  • Fernando Martinez, CEO of Nonco, said: “We want to make a statement, and it begins with our name, Nonco, derived from 'nonconformist.'

Kramer Levin Elevates Five to Counsel and Three to Special Counsel

Retrieved on: 
Monday, December 11, 2023

Kramer Levin is pleased to announce the promotion of Tristan Bonneau, Elan Daniels, Allison D. Gray, Pauline Plancke and M. Mendel Trapedo to counsel, effective Jan. 1, 2024.

Key Points: 
  • Kramer Levin is pleased to announce the promotion of Tristan Bonneau, Elan Daniels, Allison D. Gray, Pauline Plancke and M. Mendel Trapedo to counsel, effective Jan. 1, 2024.
  • The firm has also promoted Michelle Ben-David, William Cavanagh and Ralph C. Mayrell to special counsel, effective Jan. 1, 2024.
  • Known for his creativity, Elan routinely advises clients on the opportunities and risk attendant to their positions in distressed situations.
  • He earned his J.D., with honors, from The George Washington University Law School and his B.A., cum laude, from the University of Pennsylvania.

Community Trust Bancorp, Inc. Announces Retirement of James J. Gartner

Retrieved on: 
Friday, December 8, 2023

James J. Gartner will be retiring from Community Trust Bank on December 31, 2023 as Executive Vice President, Chief Credit Officer.

Key Points: 
  • James J. Gartner will be retiring from Community Trust Bank on December 31, 2023 as Executive Vice President, Chief Credit Officer.
  • Mr. Gartner has more than 55 years of banking experience, including more than 21 years with Community Trust Bank.
  • Mr. Gartner started his banking career as a National Bank Examiner in 1968 in Rockford, Illinois.
  • Mr. Clark has worked for Community Trust Bank, Inc. for over 10 years.