JPMorgan Chase

Kirkland & Ellis Named New Title Sponsor of Corporate Counsel Women of Color®

Retrieved on: 
Friday, December 2, 2022

"Kirkland & Ellis has been a long-time supporter of CCWC and is now amplifying their commitment by becoming Title Sponsor in our 19th year.

Key Points: 
  • "Kirkland & Ellis has been a long-time supporter of CCWC and is now amplifying their commitment by becoming Title Sponsor in our 19th year.
  • In 2023, CCWC's conference will be held at the National Harbor Gaylord in Oxon Hill, Maryland, from September 27-30, 2023.
  • "Laurie and CCWC have created a transformative platform for women of color general and in-house counsel.
  • Kirkland is proud to lead the way as Title Sponsor for the 2023 Career Strategies Conference," says Ellisen Turner, a Kirkland partner and one of the firm's Diversity, Equity and Inclusion Committee co-chairs.

Southern Communities Initiative Announces the Appointment of Mambu Sherman as Executive Director

Retrieved on: 
Friday, December 2, 2022

Today, Southern Communities Initiative (SCI) announced the appointment of Mambu Sherman as the organizations Executive Director.

Key Points: 
  • Today, Southern Communities Initiative (SCI) announced the appointment of Mambu Sherman as the organizations Executive Director.
  • View the full release here: https://www.businesswire.com/news/home/20221202005075/en/
    Mambu Sherman, Executive Director of Southern Communities Initiative (Photo: Business Wire)
    In this role, Mambu will work with key partners to oversee the expansion of Southern Communities Initiatives in the six southern cities home to more than 50% of all Black Americans.
  • Having led community impact initiatives across nonprofit, corporate, and public agencies, I have seen at every level the inefficiencies across sectors and the challenges companies face to create new solutions to social problems, said Mambu Sherman, Executive Director of Southern Communities Initiative.
  • Through this lens and utilizing proven scalable solutions, I look forward to building on the incredible work the Southern Communities Initiative has established."

Park Hotels & Resorts Inc. Completes Upsize of Revolving Credit Facility to $950 Million and Extends Maturity to 2026

Retrieved on: 
Thursday, December 1, 2022

In connection with the closing of the Credit Facility, Park drew down $50 million which was used, together with cash on hand, to fully repay the remaining $78 million balance on its term loan facility which was set to mature in August 2024.

Key Points: 
  • In connection with the closing of the Credit Facility, Park drew down $50 million which was used, together with cash on hand, to fully repay the remaining $78 million balance on its term loan facility which was set to mature in August 2024.
  • Thomas J. Baltimore, Jr., Chairman and Chief Executive Officer, stated, We are extremely pleased with our bank groups on-going support of Park, with oversubscribed commitments allowing us to upsize the Credit Facility.
  • Park is the second largest publicly traded lodging REIT with a diverse portfolio of market-leading hotels and resorts with significant underlying real estate value.
  • Parks portfolio currently consists of 47 premium-branded hotels and resorts with approximately 30,000 rooms primarily located in prime city center and resort locations.

Mark Carney Appointed Chair of the Group of Thirty, Tharman Shanmugaratnam Appointed Chairman of the Board of Trustees, Jacob Frenkel Becomes Chairman Emeritus

Retrieved on: 
Thursday, December 1, 2022

New York, Dec. 1, 2022 /PRNewswire-PRWeb/ -- The Group of Thirty (G30) today announced the succession of its leadership. Mark Carney, Chair of Brookfield Asset Management and former Governor of the Bank of England and Bank of Canada, will become Chair of the Group of Thirty. Tharman Shanmugaratnam, Senior Minister and former Deputy Prime Minister of Singapore, upon completing his five-year term as Chairman of the Group of Thirty, will be appointed Chairman of the Board of Trustees. Both terms will run for five years. Jacob A. Frenkel, Former Chairman of JPMorgan Chase International and former Governor of the Bank of Israel, after serving as Chairman of the Board of Trustees from 2012-2022 and previously as Chairman of the Group of Thirty from 2000-2011, will become Chairman Emeritus. All of these changes will take effect on January 1, 2023.

Key Points: 
  • Mark Carney, Chair of Brookfield Asset Management and former Governor of the Bank of England and Bank of Canada, will become Chair of the Group of Thirty.
  • Tharman Shanmugaratnam, Senior Minister and former Deputy Prime Minister of Singapore, upon completing his five-year term as Chairman of the Group of Thirty, will be appointed Chairman of the Board of Trustees.
  • It is with great pleasure that the Group of Thirty's Board of Trustees has appointed Mark Carney to succeed Tharman as Chair of the Group.
  • He added: "I would like to thank and salute Jacob Frenkel and Tharman Shanmugaratnam, who have led the Group with such distinction, insight, and aplomb."

J.P. Morgan Launches Digital Money Coach to Help Clients Make Smart Money Decisions

Retrieved on: 
Thursday, December 1, 2022

J.P. Morgan Wealth Management launched Wealth Plan today, a free digital money coach that gives clients a full picture of their finances and helps them plan, save and invest, all in one place.

Key Points: 
  • J.P. Morgan Wealth Management launched Wealth Plan today, a free digital money coach that gives clients a full picture of their finances and helps them plan, save and invest, all in one place.
  • J.P. Morgan Wealth Management ranked #1 in Customer Satisfaction with Wealth Management Digital Channels in the J.D.
  • Wealth Plan lets clients take control of their finances and interact with us however they choose, which increasingly is digitally, said Sam Palmer, Head of Digital Planning & Advice at J.P. Morgan Wealth Management.
  • For more information about Wealth Plan by J.P. Morgan visit www.jpmorgan.com/wealthplan
    J.P. Morgan Wealth Management offers a full spectrum of services and products for clients to plan and invest.

JPMorgan Chase to Present at the Goldman Sachs U.S. Financial Services Conference

Retrieved on: 
Thursday, December 1, 2022

Marianne Lake, Co-CEO of Consumer and Community Banking, will present at the Goldman Sachs U.S. Financial Services Conference at the Conrad Hotel in New York City on Tuesday, December 6, 2022 at 12:20 p.m. (Eastern).

Key Points: 
  • Marianne Lake, Co-CEO of Consumer and Community Banking, will present at the Goldman Sachs U.S. Financial Services Conference at the Conrad Hotel in New York City on Tuesday, December 6, 2022 at 12:20 p.m. (Eastern).
  • A live webcast will be available on the day of the conference at www.jpmorganchase.com under Investor Relations, Events & Presentations.
  • JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (U.S.), with operations worldwide.
  • The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management.

Unified Compliance Board Member Steps Down to Lead as President Due to Company's Exciting New Direction

Retrieved on: 
Thursday, December 1, 2022

Chris was so engrossed in Unified Compliance's day-to-day growth and machinations that he couldn't sit on the corporate sidelines.

Key Points: 
  • Chris was so engrossed in Unified Compliance's day-to-day growth and machinations that he couldn't sit on the corporate sidelines.
  • And that is how Chris became the President of Unified Compliance.
  • Unified Compliance (UC) provides the world's most vetted compliance.
  • Unified Compliance Framework (UCF) is the world's most extensive library of interdependent regulatory compliance documents and the only commercially accessible compliance framework.

INVESTIGATION NOTICE: Girard Sharp Law Firm Encourages Investors in Astra, Inc. with Losses to Contact the Firm

Retrieved on: 
Wednesday, November 30, 2022

Astra is a company that aims to provide cheap, mass-produced rockets capable of daily launches by 2025.

Key Points: 
  • Astra is a company that aims to provide cheap, mass-produced rockets capable of daily launches by 2025.
  • The company became the first publicly-traded space-launch company on July 1, 2021 when it merged with Holicity, a special purpose acquisition company.
  • Girard Sharp represents investors, consumers, and institutions in class actions and other complex litigation nationwide.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

PlainID Announces Strategic Partnership with Dremio

Retrieved on: 
Wednesday, November 30, 2022

TEL AVIV, Israel and NEW YORK, Nov. 30, 2022 /PRNewswire/ -- PlainID, The Authorization Company™, the leading provider of authorization and policy-based access control, today announced a strategic partnership with Dremio, the easy and open data lakehouse company. This partnership enables Dremio clients to leverage PlainID's central access control platform to manage and control access to data via Dremio, allowing for advanced access controls as part of their overall data security strategy.

Key Points: 
  • TEL AVIV, Israel and NEW YORK, Nov. 30, 2022 /PRNewswire/ -- PlainID , The Authorization Company, the leading provider of authorization and policy-based access control, today announced a strategic partnership with Dremio , the easy and open data lakehouse company.
  • This partnership enables Dremio clients to leverage PlainID's central access control platform to manage and control access to data via Dremio, allowing for advanced access controls as part of their overall data security strategy.
  • PlainID protects that data by externalizing authorization and centralizing its management through its PlainID Authorization Platform and PlainID Authorizers.
  • The PlainID Authorization Platform enables rapid business growth by connecting new and legacy technologies with the latest and most advanced authorization features.

Record Tax Savings in Model Portfolios Underscore an Ongoing Opportunity for Investors in Volatile Market Environments

Retrieved on: 
Wednesday, November 30, 2022

Across client portfolios through Q3, the 2022 YTD tax savings benefit for model portfolios of ETF and Mutual Funds was 2.99 percent.

Key Points: 
  • Across client portfolios through Q3, the 2022 YTD tax savings benefit for model portfolios of ETF and Mutual Funds was 2.99 percent.
  • Dating back to 2020, the annualized tax savings across clients in model portfolios on the platform was 2.82 percent.
  • The savings demonstrate the value of ongoing harvesting within client portfolios throughout the year when compared to those not harvested for tax losses.
  • There is no guarantee that the estimated tax and subsequent projected tax savings will equal the actual tax liability/tax savings achieved by the client.