Investment banking

Capital Impact Partners and CDC Small Business Finance Receive $1.5 Million Wells Fargo Open for Business Fund Award

Wednesday, December 1, 2021 - 3:30pm

The funding is made possible through Wells Fargo's Open for Business Fund, a roughly $420 million small business recovery effort across the U.S to help small business owners recover and emerge from the pandemic even stronger and more resilient.

Key Points: 
  • The funding is made possible through Wells Fargo's Open for Business Fund, a roughly $420 million small business recovery effort across the U.S to help small business owners recover and emerge from the pandemic even stronger and more resilient.
  • "The impacts of COVID-19 have shone another spotlight on the systemic inequalities that small businesses and communities of color continue to face," said Ellis Carr, President and CEO of Capital Impact Partners and CDC Small Business Finance.
  • "The Open for Business Fund enlists the care and expertise of organizations like Capital Impact Partners to urgently assist the small business community and to help navigate entrepreneurs back to growth," said Anna Bard, Senior Vice President, Social Impact and Sustainability at Wells Fargo .
  • Capital Impact Partners and CDC Small Business Finance formally joined their operations to launch a transformative new enterprise and innovate how capital and investments flow into historically disinvested communities.

QuickFee expands funding facilities

Tuesday, November 30, 2021 - 2:05pm

Commenting on the new funding facility, QuickFee CEO Eric Lookhoff said:

Key Points: 
  • Commenting on the new funding facility, QuickFee CEO Eric Lookhoff said:
    I am delighted to be partnering with Northleaf Capital and incredibly excited that they will be supporting the scaling of the QuickFee business in both the USA and Australia.
  • Quickfee has continued its encouraging start to FY22 after a pleasing first quarter, where the Company saw substantial expansion in all of its go-to market channels, as well as a recovery in lending in Australia.
  • The additional funding provides QuickFee increased liquidity in the medium term as the Company continues to expand in its key accounting markets, and accelerates its growth across its BNPL offering in the services sector.
  • QuickFee was advised on the transaction by D.A.

Pennington Partners Announces Addition of Katherine Frattarola to Advisory Board

Tuesday, November 30, 2021 - 1:09pm

BETHESDA, Md., Nov. 30, 2021 /PRNewswire/ -- Pennington Partners , a multi-family investment office that specializes in working with entrepreneurs, family offices, and their families, has announced the appointment of marketing executive, Katherine Frattarola, to its Advisory Board.

Key Points: 
  • BETHESDA, Md., Nov. 30, 2021 /PRNewswire/ -- Pennington Partners , a multi-family investment office that specializes in working with entrepreneurs, family offices, and their families, has announced the appointment of marketing executive, Katherine Frattarola, to its Advisory Board.
  • Brian Gaister, CEO of Pennington Partners commented: "We're thrilled to add Katherine's remarkable experience to our board.
  • Katherine Frattarola noted, "Pennington Partners is leading the industry in providing compelling, experienced, and thoughtful counsel, and offers tailored solutions that are uniquely created for entrepreneurs and wealthy families.
  • About Pennington Partners & Co.
    Pennington Partners & Co. is a multi-family office that serves the complex and comprehensive financial needs of ultra-high net worth families.

Wells Fargo to Present at the Goldman Sachs US Financial Services Conference

Tuesday, November 30, 2021 - 1:00pm

Wells Fargo & Company (NYSE: WFC) said today that Chief Executive Officer Charlie Scharf will present at the Goldman Sachs US Financial Services Conference on Tuesday, Dec. 7, 2021 at 8:00 a.m.

Key Points: 
  • Wells Fargo & Company (NYSE: WFC) said today that Chief Executive Officer Charlie Scharf will present at the Goldman Sachs US Financial Services Conference on Tuesday, Dec. 7, 2021 at 8:00 a.m.
  • View the full release here: https://www.businesswire.com/news/home/20211130005083/en/
    Wells Fargo Bank branch located in the Wells Fargo Center (Photo: Wells Fargo)
    A replay of the webcast will be available for three months following the presentation.
  • Wells Fargo ranked No.
  • News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories .

Robert Lowenthal Named President Of Oppenheimer Holdings Inc. & Oppenheimer & Co. Inc., Recognizing Success In Building Multiple Divisions, Developing Global Talent Base And Driving Record Growth

Tuesday, November 30, 2021 - 11:00am

The move is also part of an orderly and long-term succession plan approved by the Company's Board of Directors.

Key Points: 
  • The move is also part of an orderly and long-term succession plan approved by the Company's Board of Directors.
  • Rob, age 45, who has dramatically re-built the firm's Investment Banking Division resulting in record-breaking performance, will continue in his role as Head of Investment Banking.
  • Rob's keen understanding of every aspect of the firm's business will empower Oppenheimer to reach even greater heights in the years ahead."
  • In 2016, Rob assumed leadership of Oppenheimer's Investment Banking businesses, significantly accelerating the strategic growth and performance of the division.

Reliq Health Technologies, Inc. Files Q1 FY2022 Quarterly Financial Statements, Provides Corporate Update

Tuesday, November 30, 2021 - 8:01am

We have now filed our quarterly financials for Q1 Fiscal Year 2022, said Dr. Lisa Crossley, CEO of Reliq Health Technologies, Inc. As expected, the second half of Calendar Year 2021 is proving to be a period of rapid growth for Reliq.

Key Points: 
  • We have now filed our quarterly financials for Q1 Fiscal Year 2022, said Dr. Lisa Crossley, CEO of Reliq Health Technologies, Inc. As expected, the second half of Calendar Year 2021 is proving to be a period of rapid growth for Reliq.
  • The Company remains on track to reach a revenue run rate of $2 Million/month by the end of Calendar Year 2021.
  • Reliq Health Technologies is a rapidly growing global medtech company that develops innovative Virtual Care solutions for the multi-billion dollar Healthcare market.
  • Reliq Health Technologies trades on the TSX Venture under the symbol RHT and on the OTCQB as RQHTF.

Synovus Names Tom Dierdorff Head of Corporate & Investment Banking

Monday, November 29, 2021 - 2:15pm

Synovus Bank today announced the appointment of Tom Dierdorff as its new Head of Corporate & Investment Banking (CIB), effective November 29.

Key Points: 
  • Synovus Bank today announced the appointment of Tom Dierdorff as its new Head of Corporate & Investment Banking (CIB), effective November 29.
  • Dierdorff most recently served as managing director and group head of financial services for Regions Bank and Regions Securities.
  • He also worked in financial institutions corporate & investment banking for nine years at Wachovia Securities and predecessor firms.
  • View the full release here: https://www.businesswire.com/news/home/20211129005447/en/
    Synovus Bank today announced the appointment of Tom Dierdorff as its new Head of Corporate & Investment Banking (CIB), effective November 29.

European Wax Center Welcomes New Board Member, Nital Scott

Monday, November 29, 2021 - 11:55am

PLANO, Texas, Nov. 29, 2021 (GLOBE NEWSWIRE) -- European Wax Center, Inc. (NASDAQ: EWCZ), a leading personal care franchise brand that offers expert wax services, today announced the appointment of Nital Scott to its Board of Directors.

Key Points: 
  • PLANO, Texas, Nov. 29, 2021 (GLOBE NEWSWIRE) -- European Wax Center, Inc. (NASDAQ: EWCZ), a leading personal care franchise brand that offers expert wax services, today announced the appointment of Nital Scott to its Board of Directors.
  • With the appointment of Ms. Scott, the European Wax Center Board of Directors now has seven members.
  • I look forward to partnering with her to enhance value for all European Wax Center stakeholders, said David Berg, Chief Executive Officer of European Wax Center.
  • The Company offers expert wax services from certified Wax Specialists, ensuring that every guest who walks through the door leaves feeling confidentin European Wax Center, Inc. and themselves.

The Government Blockchain Association Strengthens its Global Footprint with New Mumbai Chapter Lead

Wednesday, November 24, 2021 - 5:18am

The Government Blockchain Association (GBA) has appointed Sumit Kumar Gupta as the new GBA Mumbai Chapter Lead.

Key Points: 
  • The Government Blockchain Association (GBA) has appointed Sumit Kumar Gupta as the new GBA Mumbai Chapter Lead.
  • MUMBAI, INDIA, Nov 24, 2021 - (ACN Newswire) - The new GBA Chapter Lead for Mumbai, Sumit Kumar Gupta is the Chief Product Officer with Asva Labs, a platform fueling next-gen interoperable applications for DeFi developers.
  • The GBA leadership team is looking forward to working together with Mr. Gupta to hasten the adoption of blockchain technology in Mumbai, India.
  • The Government Blockchain Association (GBA) is a global business league, helping the private and public sectors to connect, communicate, and collaborate over everything blockchain.

The Government Blockchain Association Strengthens its Global Footprint with New Mumbai Chapter Lead

Wednesday, November 24, 2021 - 6:18am

The Government Blockchain Association (GBA) has appointed Sumit Kumar Gupta as the new GBA Mumbai Chapter Lead.

Key Points: 
  • The Government Blockchain Association (GBA) has appointed Sumit Kumar Gupta as the new GBA Mumbai Chapter Lead.
  • MUMBAI, INDIA, Nov 24, 2021 - (JCN Newswire) - The new GBA Chapter Lead for Mumbai, Sumit Kumar Gupta is the Chief Product Officer with Asva Labs, a platform fueling next-gen interoperable applications for DeFi developers.
  • The GBA leadership team is looking forward to working together with Mr. Gupta to hasten the adoption of blockchain technology in Mumbai, India.
  • The Government Blockchain Association (GBA) is a global business league, helping the private and public sectors to connect, communicate, and collaborate over everything blockchain.