JPMorgan Chase

Richard Petretti joins Schimenti as Director of Estimating to Lead Firmwide Cost & Estimating Strategies

Retrieved on: 
Thursday, April 4, 2024
Bank of America, Citigroup, Growth, Apple, Construction, Lucid Motors, JPMorgan Chase, Bank, Volunteering, Rich

NEW YORK, April 4, 2024 /PRNewswire/ -- Richard Petretti, a recognized estimating and cost analysis leader in the construction industry, has joined Schimenti as Director of Estimating.

Key Points: 
  • NEW YORK, April 4, 2024 /PRNewswire/ -- Richard Petretti, a recognized estimating and cost analysis leader in the construction industry, has joined Schimenti as Director of Estimating.
  • Richard Petretti joins Schimenti Construction as Director of Estimating to lead firmwide cost & estimating strategies.
  • I will focus on enhancing preconstruction and cost management strategies, aligning with the company's commitment to growth and excellence.
  • I'm committed to leading the estimating department's success, ensuring we consistently deliver outstanding value to our clients."

Evolution Credit Partners Welcomes JC Barone as Managing Director

Retrieved on: 
Thursday, April 4, 2024
JPMorgan Chase, Insurance, JC, Chase Bank, Financial services

BOSTON and NEW YORK, April 4, 2024 /PRNewswire/ -- Evolution Credit Partners Management ("Evolution" or the "Firm"), an alternative credit firm with approximately $3 billion in assets under management, today announced John-Carl ("J.C.") Barone will be joining the Firm as a Managing Director.

Key Points: 
  • BOSTON and NEW YORK, April 4, 2024 /PRNewswire/ -- Evolution Credit Partners Management ("Evolution" or the "Firm"), an alternative credit firm with approximately $3 billion in assets under management, today announced John-Carl ("J.C.") Barone will be joining the Firm as a Managing Director.
  • Mr. Barone brings a two-decade track record in the capital markets, focused on working capital finance, including trade finance and accounts receivable capital solutions for corporates.
  • Mr. Barone's hire will further Evolution's growing working capital finance business and its complementary leveraged finance business.
  • Most recently, Mr. Barone was with JP Morgan Chase Bank, where he served as Executive Director, Head of Alternative Credit Origination & Sales and oversaw the Global Alternative Credit Franchise, assessing client needs and establishing capital solutions.

Notification of major holding in Kindred Group plc

Retrieved on: 
Wednesday, April 3, 2024
JPMorgan Chase, Holding company

VALLETTA, Malta, April 3, 2024 /PRNewswire/ -- Kindred Group plc (Kindred) hereby announces that it, on 3 April 2024, has received a notification of major holding from JPMorgan Chase & Co, a company with its registered office in Wilmington, Delaware, USA.

Key Points: 
  • VALLETTA, Malta, April 3, 2024 /PRNewswire/ -- Kindred Group plc (Kindred) hereby announces that it, on 3 April 2024, has received a notification of major holding from JPMorgan Chase & Co, a company with its registered office in Wilmington, Delaware, USA.
  • The notification refers to an increased number of shares and voting rights in Kindred held by JPMorgan Chase & Co.
  • According to the notification, JPMorgan Chase & Co holds 5.06% of the shares and voting rights in Kindred as of 27 March 2024.
  • The relevant chain of controlled undertakings can be found in the notification, of which a copy can be found on Kindred's website: https://www.kindredgroup.com/investors/the-share/major-holdings .

Notification of major holding in Kindred Group plc

Retrieved on: 
Wednesday, April 3, 2024
JPMorgan Chase, Holding company

VALLETTA, Malta, April 3, 2024 /PRNewswire/ -- Kindred Group plc (Kindred) hereby announces that it, on 3 April 2024, has received a notification of major holding from JPMorgan Chase & Co, a company with its registered office in Wilmington, Delaware, USA.

Key Points: 
  • VALLETTA, Malta, April 3, 2024 /PRNewswire/ -- Kindred Group plc (Kindred) hereby announces that it, on 3 April 2024, has received a notification of major holding from JPMorgan Chase & Co, a company with its registered office in Wilmington, Delaware, USA.
  • The notification refers to an increased number of shares and voting rights in Kindred held by JPMorgan Chase & Co.
  • According to the notification, JPMorgan Chase & Co holds 5.06% of the shares and voting rights in Kindred as of 27 March 2024.
  • The relevant chain of controlled undertakings can be found in the notification, of which a copy can be found on Kindred's website: https://www.kindredgroup.com/investors/the-share/major-holdings .

New Data from Kruze Consulting Reveals Significant Changes in Startup Banking Market One Year Since SVB Collapse

Retrieved on: 
Thursday, March 28, 2024
JPMorgan Chase, Safety, SVB, Mercury, UX, SAN, CFO, Cryptocurrency

SAN FRANCISCO, March 28, 2024 /PRNewswire/ -- Kruze Consulting, the startup accounting and CFO consulting firm servicing more than 800 venture funded startup clients, has released new data on how startups have changed their banking strategies a year after the SVB collapse. According to the data, JPMorgan Chase has gained the most significant market share - moving from about 15% pre-SVB to more than 60% by the end of 2023. Additionally, almost all startups maintain at least two banking relationships and some VCs are even demanding this strategy in their financing documents.

Key Points: 
  • SAN FRANCISCO, March 28, 2024 /PRNewswire/ -- Kruze Consulting , the startup accounting and CFO consulting firm servicing more than 800 venture funded startup clients, has released new data on how startups have changed their banking strategies a year after the SVB collapse.
  • Additionally, almost all startups maintain at least two banking relationships and some VCs are even demanding this strategy in their financing documents.
  • Before the crisis, close to 60% of startups had an account with SVB and SVB held 50% of all startup cash.
  • Now, less than 20% of startups' cash is collectively with SVB, and no single bank holds half of the startup ecosystem's cash.

Kodiak Establishes Industry Advisory Council, Taps Leaders from Walmart, UPS, and Beyond to Help Guide Development and Deployment of Autonomous Trucks

Retrieved on: 
Wednesday, March 27, 2024
DB Schenker, J. P. Morgan, Content as a service, ATG, American Trucking Associations, Sale, Transport, AAMVA, Council, Administrator, Werner Enterprises, EMC, Ferro, Knight-Swift, Safety, UPS, One-Way (novel), ToolBank USA, Fleet services, Federal Reserve Bank, Dittberner, Organization, Development, Reed, Senior, Walmart, LFN, Suma, Intel, Growth, Working Group, JPMorgan Chase, Robotics, FMCSA, Silicon, T-Mobile, TAEC, Management

Kodiak's Industry Advisory Council brings together a diverse array of forward-thinking industry leaders to help shape the company's product development, deployment, and public engagement as it focuses on the commercialization of autonomous trucks.

Key Points: 
  • Kodiak's Industry Advisory Council brings together a diverse array of forward-thinking industry leaders to help shape the company's product development, deployment, and public engagement as it focuses on the commercialization of autonomous trucks.
  • Inaugural members of the Kodiak Industry Advisory Council represent prestigious brands and organizations including the Arkansas Trucking Association , Loadsmith , Walmart , Werner Enterprises , and UPS .
  • Their unique perspectives will help to lead and shape the ways we approach industry and driver engagement, industry transformation, and driving public acceptance of autonomous trucks."
  • The Kodiak Industry Advisory Council will help to guide and influence Kodiak's product and strategic roadmap, and will help to shape how autonomous trucks will benefit and impact the trucking industry, society, and the world.

Digital Experience Veterans, Andrew Arocha and John Anthony, Join Forces to Found DX-ROI

Retrieved on: 
Tuesday, March 26, 2024
Cloud, SCC, ROI, GM, Organization, CVS, Partnership, Cardinal Health, Tony Sanders, Ulta Beauty, JPMorgan Chase, Multimedia, J&J

LAS VEGAS, March 26, 2024 /PRNewswire/ -- Today marks the inception of DX-ROI, a groundbreaking digital consultancy aiming to redefine the landscape of digital transformation.

Key Points: 
  • LAS VEGAS, March 26, 2024 /PRNewswire/ -- Today marks the inception of DX-ROI, a groundbreaking digital consultancy aiming to redefine the landscape of digital transformation.
  • Their mission is clear: to provide organizations with measurable outcomes and enduring value through process-driven digital strategies.
  • Andrew Arocha expressed his enthusiasm for the venture, stating, "I'm incredibly excited and honored to co-found DX-ROI with John.
  • Tony Sanders, Senior Director, Americas Partner Sales at Adobe said "I'm excited to welcome John and Andrew into the Adobe ecosystem.

Vanguard Unseats BlackRock's Top Spot in Broadridge's 2024 Best-Performing Fund Brand Ranking in the U.S.

Retrieved on: 
Tuesday, March 26, 2024
JPMorgan Chase, Stasis, AIB (NI), Fidelity, Vanguard, Marketing, Research, BlackRock, Blackstone Inc., ETF, Communication, Financial services

NEW YORK, March 26, 2024 /PRNewswire/ -- The latest edition of Broadridge's Fund Brand 50 (FB50), an annual research study by global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR) was released today, highlighting the world's best-performing third-party asset management brands. U.S. fund selectors prize solidity and client service as the domestic giants jostle for position and strengthen their hold on the asset management industry.

Key Points: 
  • While no-one new breaches the top five, the major firms jostle for position, with Vanguard usurping BlackRock's position atop the ranking.
  • Vanguard was able to maintain first place in the three highest-ranked brand attributes and duked it out with BlackRock across the entire brand spectrum.
  • In fact, the two firms split first place in eight of the 10 categories, with Vanguard winning by points total.
  • French firm Natixis IM remains the highest-ranked non-US brand but fell from 22nd place to 32nd.

Clear Channel Outdoor Holdings, Inc. Announces Clear Channel International B.V.'s New Term Loan Facility and Concurrent Redemption of Existing Secured Notes

Retrieved on: 
Monday, March 25, 2024
Chase Bank, J. P. Morgan, Bookrunner, SAN, Sale, Security (finance), Date, CCO, Term, Finance Secretary (India), JPMorgan Chase

SAN ANTONIO, March 25, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") announced today that the Company's indirect, wholly owned subsidiary, Clear Channel International B.V. ("CCIBV"), entered into a credit agreement (the "CCIBV Credit Agreement") on March 22, 2024 (the "Closing Date") governing CCIBV's new term loan facility (the "CCIBV Term Loan Facility").

Key Points: 
  • SAN ANTONIO, March 25, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") announced today that the Company's indirect, wholly owned subsidiary, Clear Channel International B.V. ("CCIBV"), entered into a credit agreement (the "CCIBV Credit Agreement") on March 22, 2024 (the "Closing Date") governing CCIBV's new term loan facility (the "CCIBV Term Loan Facility").
  • serves as administrative agent and collateral agent, and J.P. Morgan SE serves as lead arranger and bookrunner.
  • The CCIBV Term Loan Facility matures on April 1, 2027 (the "Maturity Date") and has no scheduled amortization payments prior to the Maturity Date.
  • Additional information on the CCIBV Term Loan Facility and the form of credit agreement related thereto is available in a Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission.

Aker Carbon Capture and CO280 form strategic alliance to develop carbon removal projects in the pulp and paper industry

Retrieved on: 
Monday, March 25, 2024
Carbon, Just, Environment, CDR, Partnership, Policy, Carbon dioxide, Memorandum of understanding, CO2, JPMorgan Chase, Paper, Tissue paper

CO280 is a leading developer of Carbon Dioxide Removal projects in the pulp and paper industry.

Key Points: 
  • CO280 is a leading developer of Carbon Dioxide Removal projects in the pulp and paper industry.
  • Carbon capture will play a key role in achieving global climate goals as it enables both carbon reduction and carbon removal.
  • Together, C0280 and Aker Carbon Capture will enable large-scale delivery of CDRs," said Egil Fagerland, Chief Executive Officer at Aker Carbon Capture.
  • "Our strategic alliance with CO280 has provided Aker Carbon Capture unique access into both the pulp and paper and CDR markets.