JPMorgan Chase

Investment Outlook Remains Strong, says Panel at Quinnipiac University's G.A.M.E. XIII Forum

Retrieved on: 
Friday, March 22, 2024

NEW YORK, March 22, 2024 /PRNewswire/ -- The "Outlook for Markets and Investment Strategies" panel on the first day of Quinnipiac University's 13th Global Asset Management Education (G.A.M.E.)

Key Points: 
  • NEW YORK, March 22, 2024 /PRNewswire/ -- The "Outlook for Markets and Investment Strategies" panel on the first day of Quinnipiac University's 13th Global Asset Management Education (G.A.M.E.)
  • Forum offered some wariness on inflation but remains bullish on market liquidity and on stock investment in the pre-election period.
  • David Kelly, chief global strategist at J.P. Morgan Asset Management, referenced a "super-stretch expansion" that has defied traditional economic cycles and predictions.
  • "So far so good on the soft landing," said Kathy Jones, managing director and chief fixed income strategist at Charles Schwab.

OPERATION HOPE CEO JOHN HOPE BRYANT ANNOUNCES RELEASE OF LATEST BOOK, "FINANCIAL LITERACY FOR ALL" ON APRIL 16th

Retrieved on: 
Thursday, March 21, 2024

ATLANTA, March 21, 2024 /PRNewswire/ -- Operation HOPE announced today that Wiley will publish "FINANCIAL LITERACY FOR ALL," written by its Founder, Chairman and CEO John Hope Bryant, on April 16, 2024.

Key Points: 
  • ATLANTA, March 21, 2024 /PRNewswire/ -- Operation HOPE announced today that Wiley will publish "FINANCIAL LITERACY FOR ALL," written by its Founder, Chairman and CEO John Hope Bryant, on April 16, 2024.
  • Part call to action, part inspiration, "Financial Literacy for All" offers a roadmap to increase prosperity for individuals, families, communities, and our nation, from one of the world's foremost experts.
  • Pre-orders of the book are available now through Amazon , Barnes and Noble , and Walmart , and will be featured at the T.D.
  • "Fixing income inequality will reignite the American dream, and John takes aim at one of the biggest challenges of our time in Financial Literacy For All.

CDPQ announces the appointment of Rana Ghorayeb as Executive Vice-President and Head of Real Estate

Retrieved on: 
Thursday, March 21, 2024

MONTRÉAL, March 21, 2024 /PRNewswire/ - CDPQ today announced the appointment of Rana Ghorayeb as Executive Vice-President and Head of Real Estate.

Key Points: 
  • MONTRÉAL, March 21, 2024 /PRNewswire/ - CDPQ today announced the appointment of Rana Ghorayeb as Executive Vice-President and Head of Real Estate.
  • Rana Ghorayeb has served as President and Chief Executive Officer of Otéra Capital, a CDPQ subsidiary specialized in real estate lending, for nearly five years.
  • Before joining CDPQ in 2012, Rana Ghorayeb already had an impressive track record in real estate in renowned institutions.
  • Rana Ghorayeb will start in her new position on the same date, and will report to the President and Chief Executive Officer of CDPQ.

Blockhouse Digital Secures $2 Million in GP Funding to Launch a Crypto Asset Management Firm

Retrieved on: 
Thursday, March 21, 2024

DALLAS, March 21, 2024 /PRNewswire/ -- Blockhouse Digital, an asset management firm specializing in collateralized lending and yield-generating strategies in the crypto markets, is pleased to announce the successful completion of a $2 million seed GP funding round.

Key Points: 
  • DALLAS, March 21, 2024 /PRNewswire/ -- Blockhouse Digital, an asset management firm specializing in collateralized lending and yield-generating strategies in the crypto markets, is pleased to announce the successful completion of a $2 million seed GP funding round.
  • The funding will fuel the launch of Blockhouse Digital's specialized financial products and services, which are designed to serve institutional investors, borrowers, and lenders.
  • "There is a lack of available credit to crypto infrastructure providers and traders," said Young Cho, CEO & Co-CIO of Blockhouse Digital, who is the former CIO of Abra, CFO of Hedera, and CFO of AltLending.
  • The newly secured funds will be used to launch Blockhouse Digital's technology infrastructure, expand its product offerings, and strengthen its market position as a leader in crypto asset management.

Whistleblower Secures $70MM Settlement for Alleged Municipal Bond Fraud and Price-Fixing

Retrieved on: 
Thursday, March 21, 2024

CHICAGO, March 21, 2024 /PRNewswire/ -- A $70 million settlement in a whistleblower lawsuit against eight of the nation's largest banks has been finalized and executed, making it the largest reported settlement ever under the Illinois False Claims Act.

Key Points: 
  • Edelweiss has brought similar lawsuits involving VRDOs on behalf of California, New York, and New Jersey, and those lawsuits are continuing.
  • Johan Rosenberg, the principal of Edelweiss with more than 30 years' experience advising municipalities and other clients on VRDOs and other types of municipal bonds, stated: "I am gratified by the settlement.
  • Under the False Claims Act in Illinois and numerous other states, whistleblowers can bring lawsuits on behalf of the government against those committing fraud against the government.
  • For its successful settlement in Illinois, Edelweiss received the maximum reward of 30% of the government's $48 million portion of the settlement.

Lowey Dannenberg, P.C. Announces an Additional Settlement for Those Who Have Transacted in Euroyen-Based Derivatives Between January 1, 2006 through June 30, 2011

Retrieved on: 
Thursday, March 21, 2024

The Settlement will provide an additional $35,000,000 to pay claims from persons who transacted in Euroyen-Based Derivatives from January 1, 2006 through June 30, 2011, inclusive.

Key Points: 
  • The Settlement will provide an additional $35,000,000 to pay claims from persons who transacted in Euroyen-Based Derivatives from January 1, 2006 through June 30, 2011, inclusive.
  • Before any money is paid, the Court will hold a Fairness Hearing to decide whether to approve the Settlement.
  • Contact your brokerage firm to see if you purchased, sold, held, traded, or otherwise had any interest in Euroyen-Based Derivatives.
  • These payments will also be deducted from the Settlement Fund before any distributions are made to the Settlement Class.

WELL Health Reports Record Revenue, Adjusted EBITDA, and Net Income Results for Q4 and Full Year 2023 and Raises Revenue Guidance

Retrieved on: 
Thursday, March 21, 2024

For the full year, WELL achieved record annual Adjusted EBITDA(1) of $113.4 million, an increase of 8% as compared to 2022.

Key Points: 
  • For the full year, WELL achieved record annual Adjusted EBITDA(1) of $113.4 million, an increase of 8% as compared to 2022.
  • Hamed Shahbazi, Chairman and CEO of WELL commented, "We had an outstanding year in 2023 with record revenue, Adjusted EBITDA(1), Net Income and patient visits.
  • Adjusted Gross Profit(1) was $372.3 million in 2023, an increase of 23% as compared to Adjusted Gross Profit(1) of $303.3 million in 2022.
  • Adjusted Gross Margin(1) percentage was 48.0% in 2023, as compared to Adjusted Gross Margin(1) percentage of 53.3% in 2022.

Entegration Names Michael Russell to Board of Directors

Retrieved on: 
Wednesday, March 20, 2024

MORRISTOWN, N.J., March 20, 2024 /PRNewswire/ -- Entegration is pleased to announce the appointment of Michael Russell to its board of directors.

Key Points: 
  • MORRISTOWN, N.J., March 20, 2024 /PRNewswire/ -- Entegration is pleased to announce the appointment of Michael Russell to its board of directors.
  • As a Partner at TimesSquare Capital Management, Michael specializes in equity investments in small to mid-sized growth companies, with a focus on consumer and business services.
  • "I am thrilled to have Mike Russell join our board," said Art Gross, CEO of Entegration, Inc. "Mike's experience in working with management teams at growing companies will be a significant asset to us."
  • Michael will be involved in corporate strategy at Entegration, Inc., leveraging his expertise in equity investments and business growth.

Businessabc.net Rebrands From Openbusinesscouncil.org And Unveils The Top 10,000 Public Companies Market Cap integrating AI Blockchain Technologies

Retrieved on: 
Wednesday, March 20, 2024

LONDON and NEW DELHI, March 20, 2024 /PRNewswire/ -- Businessabc.net, formerly openbusinesscouncil.org, is a global digital certification directory marketplace created for businesses worldwide. The Businessabc digital hub marketplace provides SMEs with B2B, B2C, or service marketplaces, chambers of commerce, trade corridors, digital supply chains, provenance tools, and multi-store e-commerce and partners.

Key Points: 
  • They are the main source of job creation globally, accounting for over 95% of the companies and about 60-70% of employment.
  • Digitalisation is a multi-faceted concept that involves the use and applications of a broad range of technologies, for different purposes.
  • "Businessabc.net stands out with its innovative service that leverages advanced technologies such as AI and blockchain to issue verifications that are matched with over 96 countries' companies houses.
  • With its rebranding, Businessabc.net introduces the Top 10,000 Public Companies Market Cap Index that offers valuable insights into the financial landscape.

Businessabc.net Rebrands From Openbusinesscouncil.org And Unveils The Top 10,000 Public Companies Market Cap integrating AI Blockchain Technologies

Retrieved on: 
Wednesday, March 20, 2024

LONDON and NEW DELHI, March 20, 2024 /PRNewswire/ -- Businessabc.net, formerly openbusinesscouncil.org, is a global digital certification directory marketplace created for businesses worldwide. The Businessabc digital hub marketplace provides SMEs with B2B, B2C, or service marketplaces, chambers of commerce, trade corridors, digital supply chains, provenance tools, and multi-store e-commerce and partners.

Key Points: 
  • They are the main source of job creation globally, accounting for over 95% of the companies and about 60-70% of employment.
  • Digitalisation is a multi-faceted concept that involves the use and applications of a broad range of technologies, for different purposes.
  • "Businessabc.net stands out with its innovative service that leverages advanced technologies such as AI and blockchain to issue verifications that are matched with over 96 countries' companies houses.
  • With its rebranding, Businessabc.net introduces the Top 10,000 Public Companies Market Cap Index that offers valuable insights into the financial landscape.