Citibank

Cenlar SVP of Default Operations Ingrid Jaschok to Speak on Panel at MBA Servicing Solutions Conference & Expo

Retrieved on: 
Tuesday, February 6, 2024
Legal, Construction & Property, Insurance, Human Resources, Finance, Consulting, Banking, Accounting, Professional Services, Residential Building & Real Estate, Multimedia, Flagstar Bank, Senior, Vulnerability management, Housing, FSB, Mortgage Bankers Association, MBA, SVP, Fannie Mae, Conference, Citibank, Management

View the full release here: https://www.businesswire.com/news/home/20240206674266/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240206674266/en/
    Cenlar Senior Vice President of Default Operations Ingrid Jaschok to Speak on Panel at MBA Servicing Solutions Conference & Expo (Photo: Business Wire)
    The session will discuss the numerous risks and challenges associated with protecting and preserving our nation’s most prized assets, residential housing, which could impact future homeownership and fulfillment.
  • As SVP of Default Operations, Ingrid oversees all of Cenlar’s business segments within the default servicing portfolio including early and late-stage default.
  • Prior to joining Cenlar, Ingrid was Senior Director and Senior Vice President of Default Servicing at Flagstar Bank.
  • Before Citibank, Ingrid was Executive Vice President of online auction operations at Auction.com where she managed merchandising to transaction servicing processing.

James Elwood and Michael Anzola Join Wealth Access’ Executive Team

Retrieved on: 
Thursday, February 1, 2024
Other Professional Services, Data Management, Technology, Finance, Consulting, Fintech, Banking, Accounting, Professional Services, Other Technology, Software, Networks, Data Analytics, Internet, Mobile, Wireless, Book, Growth, Anzola, Access, U.S. Bancorp, Data engineering, Software engineering, CIO, Citibank, John Henry, Record, Machine learning, Trust, EY, Management

Wealth Access , the leading customer data insights platform that unifies and enriches data that powers hyper-personalized experiences for financial institutions, today announced two appointments to its executive team: James Elwood, Chief Technology Officer (CTO) and Michael Anzola, Head of Strategy and Product.

Key Points: 
  • Wealth Access , the leading customer data insights platform that unifies and enriches data that powers hyper-personalized experiences for financial institutions, today announced two appointments to its executive team: James Elwood, Chief Technology Officer (CTO) and Michael Anzola, Head of Strategy and Product.
  • Founder and CEO of Wealth Access David Benskin said, “2023 was an exceptional year of growth for us, and 2024 is starting off with the exciting additions of James and Michael to our well-established leadership team alongside Brandi Zinn, Jeff Bloedorn and myself.
  • Having James and Michael join us will be beneficial to sustaining our momentum as the business expands and we strengthen our brokerage, trust and retail banking capabilities.
  • Both individuals have unprecedented business acumen that complements our executive team and further bolsters our industry presence.

Keith Krach-Led US-Taiwan Business Council Delegation Expands Trusted Collaboration with Taiwan

Retrieved on: 
Wednesday, January 31, 2024
Technology, Professional Services, Public Policy, Government, Foundation, Philanthropy, Semiconductor, White House, Federal Government, Other Technology, Business, State, Local, University, Software, Advocacy Group Opinion, Education, Other Professional Services, Internet, Hardware, IBM, Multimedia, ExxonMobil, Uber, Language, Memorandum, TAITRA, Private sector, Economy, Krach, Silicon, TSMC, Intel, American Institute, MediaTek, National Chengchi University, Lockheed, Grumman, KKR, The Business Council, STEM, National Development Council, Prosperity, Democracy, NDC, COVID-19, STA, Research, AI, Digital, Purdue University, Trust, Innovation, NYCU, Trade, Citibank, NCCU, Management

View the full release here: https://www.businesswire.com/news/home/20240131359736/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240131359736/en/
    The mission, which was timed shortly after Taiwan’s elections, focused on the importance of trust in the close relationship between the United States and Taiwan.
  • You partner with people you trust, and you love the people you trust,” observed Krach during the visit.
  • “The US-Taiwan Business Council’s chairman’s delegation, led by Keith Krach, was the first major international business organization to visit Taiwan after the January 13 election.
  • “We will continue to be ambitious in advancing the US-Taiwan ties based on trust, and expanding the Global Trusted Tech Network, a growing coalition of global leaders committed to trusted economic and technological collaboration.”

Office Properties Income Trust Announces $425 Million Amended and Restated Secured Credit Facilities

Retrieved on: 
Monday, January 29, 2024
Construction & Property, REIT, Bank of America, Barclays, OPI, PNC Financial Services, First Horizon Bank, First Hawaiian Bank, Associated Banc-Corp, Facility, BofA Securities, UBS AG, Berkshire Bank, Royal Bank, Citibank, Regions Financial Corporation, Wells Fargo, Bank, UBS, Commercial bank, Sumitomo Mitsui Banking Corporation, Royal Bank of Canada, National Association, Security (finance)

Office Properties Income Trust (Nasdaq: OPI) today announced that it has entered into a second amended and restated secured credit agreement that governs its new $325 million secured revolving credit facility and $100 million secured term loan, or the Facilities.

Key Points: 
  • Office Properties Income Trust (Nasdaq: OPI) today announced that it has entered into a second amended and restated secured credit agreement that governs its new $325 million secured revolving credit facility and $100 million secured term loan, or the Facilities.
  • OPI has a one-year extension option for the $325 million secured revolving credit facility, subject to the payment of an extension fee and satisfaction of certain other customary conditions.
  • The Facilities are secured by 19 office properties with a gross carrying value of $942 million.
  • The Facilities replace OPI’s previous $750 million unsecured revolving credit facility that was scheduled to mature on January 31, 2024.

Notice to the Annual General Meeting of Stora Enso Oyj

Retrieved on: 
Thursday, February 1, 2024
Euroclear, Senior, C.3, Exercise, Section, Remuneration, Name, EUR, Economics, Finance, OP Financial Group, Chapter Five, Post office box, Shareholder, Address, APA, Annual general meeting, ADR, STE, Business, OTCQX, Legal Department (Hong Kong), Audit, Proxy, AGM, Audit committee, Master, Citibank, Security (finance)

HELSINKI, Feb. 1, 2024 /PRNewswire/ -- The Board of Directors of Stora Enso Oyj has decided to convene the Annual General Meeting to be held on Wednesday 20 March 2024. Notice to the Annual General Meeting  Notice is given to the shareholders of Stora Enso Oyj ("Stora Enso" or the "Company") to the Annual General Meeting (the "AGM") to be held on Wednesday 20 March 2024 at 4:00 p.m. Finnish time at Marina Congress Center, Katajanokanlaituri 6, FI-00160, Helsinki, Finland. The reception of persons who have registered for the meeting and the distribution of voting tickets will commence at 2:15 p.m. Finnish time at the meeting venue.   Shareholders can also exercise their voting rights by voting in advance. Instructions for advance voting are presented in this notice under section C. Instructions for the participants in the AGM.  The AGM will be conducted in the Finnish language. Simultaneous translation will be available in the meeting room into the English and, when relevant, Finnish languages.Before the AGM, at 2:45 – 3:30 p.m. Finnish time, Stora Enso's President and CEO Hans Sohlström and CFO Seppo Parvi will be available in Marina Congress Center to discuss with the shareholders. The event is not part of the AGM and will be held in Finnish with simultaneous translation into English. In connection with the event, participants can present questions to the Company's management, but the event will not be a forum for decision-making. Questions presented at the event are thus not questions referred to in Chapter 5, Section 25 of the Finnish Companies Act.

Key Points: 
  • PricewaterhouseCoopers Oy would also act as the sustainability reporting assurance provider of the Company until the end of the Company's next Annual General Meeting.
  • The personal data provided to Stora Enso Oyj will be used only in connection with the AGM and with the processing of related registrations.
  • Request temporary registration in the shareholders' register of Stora Enso Oyj maintained by Euroclear Finland Oy.
  • Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R).

Notice to the Annual General Meeting of Stora Enso Oyj

Retrieved on: 
Thursday, February 1, 2024
Euroclear, Senior, C.3, Exercise, Section, Remuneration, Name, EUR, Economics, Finance, OP Financial Group, Chapter Five, Post office box, Shareholder, Address, APA, Annual general meeting, ADR, STE, Business, OTCQX, Legal Department (Hong Kong), Audit, Proxy, AGM, Audit committee, Master, Citibank, Security (finance)

HELSINKI, Feb. 1, 2024 /PRNewswire/ -- The Board of Directors of Stora Enso Oyj has decided to convene the Annual General Meeting to be held on Wednesday 20 March 2024. Notice to the Annual General Meeting  Notice is given to the shareholders of Stora Enso Oyj ("Stora Enso" or the "Company") to the Annual General Meeting (the "AGM") to be held on Wednesday 20 March 2024 at 4:00 p.m. Finnish time at Marina Congress Center, Katajanokanlaituri 6, FI-00160, Helsinki, Finland. The reception of persons who have registered for the meeting and the distribution of voting tickets will commence at 2:15 p.m. Finnish time at the meeting venue.   Shareholders can also exercise their voting rights by voting in advance. Instructions for advance voting are presented in this notice under section C. Instructions for the participants in the AGM.  The AGM will be conducted in the Finnish language. Simultaneous translation will be available in the meeting room into the English and, when relevant, Finnish languages.Before the AGM, at 2:45 – 3:30 p.m. Finnish time, Stora Enso's President and CEO Hans Sohlström and CFO Seppo Parvi will be available in Marina Congress Center to discuss with the shareholders. The event is not part of the AGM and will be held in Finnish with simultaneous translation into English. In connection with the event, participants can present questions to the Company's management, but the event will not be a forum for decision-making. Questions presented at the event are thus not questions referred to in Chapter 5, Section 25 of the Finnish Companies Act.

Key Points: 
  • PricewaterhouseCoopers Oy would also act as the sustainability reporting assurance provider of the Company until the end of the Company's next Annual General Meeting.
  • The personal data provided to Stora Enso Oyj will be used only in connection with the AGM and with the processing of related registrations.
  • Request temporary registration in the shareholders' register of Stora Enso Oyj maintained by Euroclear Finland Oy.
  • Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R).

Credit-Cards-as-a-Service Market Analysis, Featuring Competitor Analysis for American Express, Chase, Citibank & Discover - ResearchAndMarkets.com

Retrieved on: 
Thursday, January 25, 2024
Professional Services, Payments, Technology, Finance, Fintech, Banking, Chase, Citibank, Growth

For many, launching a card as a core business or an extension of existing operations is an appealing prospect.

Key Points: 
  • For many, launching a card as a core business or an extension of existing operations is an appealing prospect.
  • While credit cards are everyday products, present in the wallets of hundreds of millions of Americans, they are a complex financial product.
  • As consumers, we consider credit cards profitable products based on the public earnings reports of the top bank issuers, such as Chase, American Express, Citibank, and Discover.
  • Over the past few years, a new option has emerged for companies that seek to build or embed a credit card program.

Plastic Collective attracts landmark fundraising to tackle plastic pollution

Retrieved on: 
Thursday, January 25, 2024
Environment, Environmental Policy, Environmental Issues, Chemicals, Plastics, Professional Services, Sustainability, Manufacturing, Green Technology, Environmental, Social and Governance (ESG), Recycling, Carbon, Woman, Welfare, Certification, OECD, Employment, World Bank Group, Sustainable Development Goals, World Bank, Collective, Incineration, Citibank, Nature

This innovative bond provides investors a financial return linked to Plastic Waste Collection Credits, Plastic Waste Recycling Credits (collectively, plastic credits), and Voluntary Carbon Units (carbon credits) expected to be generated by two projects.

Key Points: 
  • This innovative bond provides investors a financial return linked to Plastic Waste Collection Credits, Plastic Waste Recycling Credits (collectively, plastic credits), and Voluntary Carbon Units (carbon credits) expected to be generated by two projects.
  • The funding will help Plastic Collective’s mission to rid the world of plastic waste by channeling private capital to support plastic collection and recycling projects in remote and vulnerable communities to access sustainable finance and address extreme plastic leakage into nature and oceans.
  • The emergence of plastic credits, coupled with continuing education and effort to cut plastic use offer a prime opportunity to tackle this pressing environmental and social challenge.
  • Our collective effort innovatively uses VERRA-registered plastic credits to support two projects to reduce plastic pollution -- a huge global challenge with particularly devastating impacts on emerging markets.

Ambow Education Announces Plan to Implement ADS Ratio Change

Retrieved on: 
Monday, January 29, 2024
DRS, Depository Trust Company, Depositary, DTC, Sale, Tax, ADS, Effective date, Citibank, Security (finance)

CUPERTINO, Calif., Jan. 29, 2024 /PRNewswire/ -- Ambow Education Holding Ltd. (NYSE American: AMBO) ("Ambow" or the "Company"), an AI technology-driven educational company, today announced its plan to change the ratio of its American depositary shares ("ADSs") to its Class A ordinary shares from one (1) ADS, representing two (2) Class A ordinary shares, to one (1) ADS representing twenty (20) Class A ordinary shares (the "ADS Ratio Change").

Key Points: 
  • CUPERTINO, Calif., Jan. 29, 2024 /PRNewswire/ -- Ambow Education Holding Ltd. (NYSE American: AMBO) ("Ambow" or the "Company"), an AI technology-driven educational company, today announced its plan to change the ratio of its American depositary shares ("ADSs") to its Class A ordinary shares from one (1) ADS, representing two (2) Class A ordinary shares, to one (1) ADS representing twenty (20) Class A ordinary shares (the "ADS Ratio Change").
  • The ADS Ratio Change will have the same effect as a one-for-10 reverse ADS split for ADS holders.
  • The ADS Ratio Change will have no impact on the Company's underlying Class A ordinary shares, and no Class A ordinary shares will be issued or canceled in connection with the ADS Ratio Change.
  • The Company can give no assurance that the ADS price after the ADS Ratio Change will be proportionally equal to or greater than the previous ADS price prior to the change.

Mortgage Industry Leader Ingrid Jaschok Joins Cenlar as Senior Vice President of Default Operations

Retrieved on: 
Monday, January 22, 2024
Legal, Insurance, Construction & Property, Human Resources, Finance, Consulting, Banking, Professional Services, Residential Building & Real Estate, Senior, Diversity, Housing, Flagstar Bank, Bachelor's degree, FSB, Woman, Education, Kent State University, Citibank, Vulnerability management, SVP, Management

Cenlar FSB, the nation’s leading mortgage loan subservicer, announced today that Ingrid Jaschok has been appointed Senior Vice President of Default Operations.

Key Points: 
  • Cenlar FSB, the nation’s leading mortgage loan subservicer, announced today that Ingrid Jaschok has been appointed Senior Vice President of Default Operations.
  • As SVP of Default Operations, Ingrid will oversee all business segments within the default servicing portfolio including early and late-stage default.
  • Prior to joining Cenlar, Ingrid was Senior Director and Senior Vice President of Default Servicing at Flagstar Bank.
  • Before Citibank, Ingrid was Executive Vice President of online auction operations at Auction.com where she managed merchandising to transaction servicing processing.