Currency

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.

SoFi selects Blockchain.com as its first digital asset partner

Retrieved on: 
Wednesday, November 29, 2023

LONDON, Nov. 29, 2023 /PRNewswire/ -- Blockchain.com, one of the world's most trusted and popular platforms for retail customers and institutions to buy, sell, and trade cryptocurrency, today announced a definitive deal with SoFi Technologies, Inc. the digital personal finance company, in which all SoFi crypto accounts for U.S. users will be given the opportunity to migrate to Blockchain.com's platform.

Key Points: 
  • "We are not only fortifying our commitment to a superior crypto experience but also solidifying our position as the undeniable leader in the ever-evolving crypto industry", said Peter Smith, CEO and Co-Founder of Blockchain.com.
  • "This partnership signifies a pivotal moment in Blockchain.com's growth trajectory, propelling us towards owning the crypto space and ensuring that Blockchain.com remains the pioneer of the future of finance.
  • As we look forward, our dedication to innovation, security, and empowering individuals remains unwavering."
  • "This collaboration will open new doors and opportunities for SoFi members, providing access to a broad range of digital tokens and advanced trading features."

Money20/20 USA Rocks Las Vegas with Four Days of Revolutionary Conversations

Retrieved on: 
Tuesday, October 31, 2023

Money20/20 USA, the world’s leading fintech show and the place where money does business, concluded its four-day show, October 22-25.

Key Points: 
  • Money20/20 USA, the world’s leading fintech show and the place where money does business, concluded its four-day show, October 22-25.
  • And traditional banks and neobanks alike are increasingly embracing embedded finance, recognizing the convenience and efficiency it offers to customers.
  • Former PayPal CEO Dan Shulman once again took the stage to discuss what comes next for him and the industry.
  • “Money20/20 USA was an amazing four-day show packed with inspirational industry experts and fintech insights.

Century Next Financial Corporation Reports Strong Results for 3rd Quarter 2023

Retrieved on: 
Thursday, October 19, 2023

RUSTON, La., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Century Next Financial Corporation (the “Company”) (OTCQX: CTUY), the holding company of Century Next Bank, with $716.5 million in assets, today announced financial results for the 3rd quarter ended September 30, 2023.

Key Points: 
  • RUSTON, La., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Century Next Financial Corporation (the “Company”) (OTCQX: CTUY), the holding company of Century Next Bank, with $716.5 million in assets, today announced financial results for the 3rd quarter ended September 30, 2023.
  • This growth continued to provide added strength to the Company’s liquidity position during the nine months ending September 30, 2023.
  • Noninterest-bearing checking increased $120.1 million and interest-bearing checking accounts increased $2.1 million for the nine months ended September 30, 2023.
  • Century Next Financial Corporation is the holding company for Century Next Bank (the “Bank”) which conducts business from its main office in Ruston, Louisiana.

Money20/20 USA Features the Biggest Names in Regulation

Retrieved on: 
Thursday, October 19, 2023

Recent events have increased the amount of regulatory involvement and scrutiny of the fintech space.

Key Points: 
  • Recent events have increased the amount of regulatory involvement and scrutiny of the fintech space.
  • “I came to Congress to get things done, and on the Financial Services Committee we’ve made significant progress in achieving bipartisan results.
  • Other notable speakers include Hester M. Peirce, Securities and Exchange Commissioner on cryptocurrency regulation and market structure, and Michael J. Hsu, Acting Comptroller of the Currency.
  • This year’s full agenda has been designed to inspire, address the challenges facing consumers and drive the news that evolves the industry – from AI, digital assets to regulation and market structure.

Ed Balls and George Osborne's new podcast is essential listening – but not for the reasons they think

Retrieved on: 
Tuesday, October 3, 2023

In an apparent attempt to “talk across the political divide”, former chancellor George Osborne and former shadow chancellor Ed Balls have launched a podcast.

Key Points: 
  • In an apparent attempt to “talk across the political divide”, former chancellor George Osborne and former shadow chancellor Ed Balls have launched a podcast.
  • Political Currency has been billed as a behind-the-scenes glimpse into the rooms and minds where the key decisions are made.
  • It hasn’t taken long for the two men to use the podcast to celebrate their joint achievements.
  • So, things which are contested can become consensual and when people agree, that is often how our county moves forward.
  • And yet poverty itself has so far only been mentioned once on the podcast, around halfway through episode one.

Listen to the ‘grown-ups’

    • They appear very happy with the current state of British politics and the people in charge.
    • For them, in 2023, the grown-ups are back in charge again – and that includes their gaining air time.
    • We forced our opponents to change their minds.” There is an older parallel to be drawn, too.
    • They were Michael Foot, Peter Howard and Frank Owen and their targets were the British public figures who appeased 1930s Germany.

Southern Michigan Bancorp and Southern Michigan Bank & Trust Announce Leadership Transition

Retrieved on: 
Tuesday, October 3, 2023

COLDWATER, Mich., Oct. 03, 2023 (GLOBE NEWSWIRE) -- After decades of leadership and service, CEO John Castle and President Kurt Miller are planning to retire from Southern Michigan Bancorp and Southern Michigan Bank & Trust.

Key Points: 
  • COLDWATER, Mich., Oct. 03, 2023 (GLOBE NEWSWIRE) -- After decades of leadership and service, CEO John Castle and President Kurt Miller are planning to retire from Southern Michigan Bancorp and Southern Michigan Bank & Trust.
  • Southern will continue to be headquartered in Coldwater, as it has been since its founding in 1872.
  • “Combined, they have a near century of knowledge and commitment to the success of Southern, which has benefited tremendously from their leadership.
  • Grabowski joined Southern in 2003 and has held leadership roles in managed assets and commercial lending before stepping into the bank’s top lending role.

Global Metaverse Strategic Business Report 2023: Meta's Occulus Makes a Disruptive Leap Forward, Overtaking its Competitors by a Wide Margin - ResearchAndMarkets.com

Retrieved on: 
Monday, October 2, 2023

The "Metaverse - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Metaverse - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
  • As we look ahead to 2023 and 2030, the metaverse market is expected to continue evolving and expanding across different geographic regions.
  • Each region will exhibit unique growth patterns and trends, shaping the future of the metaverse.
  • Simultaneously, the hardware segment is expected to experience impressive growth, with an estimated 44.8% CAGR over the next eight years.

BGC Group Updates its Outlook for the Third Quarter of 2023

Retrieved on: 
Friday, September 29, 2023

NEW YORK, Sept. 29, 2023 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC Group" or "BGC" or the "Company"), a leading global brokerage and financial technology company, today announced that it has updated its outlook for the quarter ending September 30, 2023.

Key Points: 
  • NEW YORK, Sept. 29, 2023 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC Group" or "BGC" or the "Company"), a leading global brokerage and financial technology company, today announced that it has updated its outlook for the quarter ending September 30, 2023.
  • BGC reaffirmed its previously stated outlook ranges for revenue and pre-tax Adjusted Earnings for the third quarter of 2023.
  • The Company's outlook was contained in BGC's financial results press release issued on August 2, 2023, which can be found at http://ir.bgcg.com .
  • In addition, Adjusted Earnings calculations exclude certain gains and charges that management believes do not best reflect the ordinary results of BGC.

BGC Group Updates its Outlook for the Third Quarter of 2023

Retrieved on: 
Friday, September 29, 2023

NEW YORK, Sept. 29, 2023 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC Group" or "BGC" or the "Company"), a leading global brokerage and financial technology company, today announced that it has updated its outlook for the quarter ending September 30, 2023.

Key Points: 
  • NEW YORK, Sept. 29, 2023 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC Group" or "BGC" or the "Company"), a leading global brokerage and financial technology company, today announced that it has updated its outlook for the quarter ending September 30, 2023.
  • BGC reaffirmed its previously stated outlook ranges for revenue and pre-tax Adjusted Earnings for the third quarter of 2023.
  • The Company's outlook was contained in BGC's financial results press release issued on August 2, 2023, which can be found at http://ir.bgcg.com .
  • In addition, Adjusted Earnings calculations exclude certain gains and charges that management believes do not best reflect the ordinary results of BGC.