Zions Bancorporation

Leadership Changes Announced at Zions Bank, Zions Bancorporation

Retrieved on: 
Friday, February 23, 2024
Michigan State University, University, Small business, Bank, Growth, Truist Financial, SunTrust Banks, MBA, Comerica, Zions Bancorporation, Small Business Administration, Finance, Texas A&M University, A. Scott Anderson, Bank of America, KPMG, Management

SALT LAKE CITY, Feb. 23, 2024 /PRNewswire/ -- Zions Bancorporation (NASDAQ: ZION) today announced several leadership changes which will become effective on April 1, 2024, at Zions Bank, Zions Bancorporation's largest banking division, and at the parent company:

Key Points: 
  • SALT LAKE CITY, Feb. 23, 2024 /PRNewswire/ -- Zions Bancorporation (NASDAQ: ZION) today announced several leadership changes which will become effective on April 1, 2024, at Zions Bank, Zions Bancorporation's largest banking division, and at the parent company:
    A. Scott Anderson, who has served as president and CEO of Zions Bank since 1998, will retire from his managerial duties following a ­­­­33-year career with the bank.
  • Paul E. Burdiss, who has served as Zions Bancorporation's executive vice president and chief financial officer since 2015, will succeed Mr. Anderson as president and CEO of Zions Bank.
  • Thomas E. Laursen, Zions Bancorporation's general counsel, will retire and be succeeded by Rena Miller, who is currently the company's deputy general counsel.
  • Rena Miller has served in legal roles with Zions Bancorporation for 14 years, including as deputy general counsel since 2015.

ZIONS BANCORPORATION RANKS THIRD AMONG U.S. BANKS IN 2023 GREENWICH EXCELLENCE AWARDS

Retrieved on: 
Thursday, February 22, 2024
Small business, Bank, ZION, Small Business Administration, Zions Bancorporation, Research, Film industry

Zions ranked third in awards issued for all banks in the nation.

Key Points: 
  • Zions ranked third in awards issued for all banks in the nation.
  • Since the inception of the awards in 2009, only two other U.S banks have consistently received as many Greenwich Excellence Awards as Zions Bancorporation.
  • This is Zions' 15th year being recognized by Coalition Greenwich, earning a remarkable 233 total Excellence awards to date.
  • Zions received Excellence awards in the following categories:
    In addition, Zions received six awards related to its brand:
    Zions Bancorporation, N.A.

TD&I Cable Maintenance and Tower Arch Capital Complete the Acquisition of Midwest Utility Services

Retrieved on: 
Wednesday, January 24, 2024
Gibson Dunn, BDO, Minneapolis–Saint Paul, LLP, Utility, Partnership, Acquisition, Zions Bancorporation

LAKELAND, Minn., Jan. 24, 2024 /PRNewswire/ -- TD&I Cable Maintenance, LLC ("TD&I") and Tower Arch Capital are pleased to announce the acquisition of Midwest Utility Services, LLC ("Midwest Utility Services" or "Midwest") and go-forward partnership with its founder and owner, Steve Kvistad, and minority owner, Bill Eckles.

Key Points: 
  • LAKELAND, Minn., Jan. 24, 2024 /PRNewswire/ -- TD&I Cable Maintenance, LLC ("TD&I") and Tower Arch Capital are pleased to announce the acquisition of Midwest Utility Services, LLC ("Midwest Utility Services" or "Midwest") and go-forward partnership with its founder and owner, Steve Kvistad, and minority owner, Bill Eckles.
  • Founded in 1995 and headquartered outside the Twin Cities in Savage, MN with locations in Mankato, MN and Crosslake, MN; Midwest Utility Services provides directional drilling, cable plowing, and other related services for the installation and maintenance of fiber optic networks and other critical infrastructure.
  • Regarding the transaction, Steve Kvistad, Founder of Midwest, said, "Midwest has a deep-rooted legacy of providing exceptional infrastructure services for regional telecom providers.
  • We are excited to partner with TD&I and Tower Arch Capital as we seek to further grow our presence across Minnesota and the surrounding states."

Invesco Advisers, Inc. Announces Appointment of New Trustees for Closed-End Funds

Retrieved on: 
Thursday, January 18, 2024
Woman, VCV, General counsel, VBF, Principal, University, Economics, VVR, VTN, Insurance, JD, Communication, TIAA, VLT, OIA, Zions Bancorporation, Senior, Financial services, Head, IIM, McKinsey & Company, VKI, VGM, VMO, KPMG LLP, KPMG, Bank, Investment Company Institute, Fulbright Program, Management

ATLANTA, Jan. 18, 2024 /PRNewswire/ -- Invesco Advisers, Inc., a subsidiary of Invesco Ltd. (NYSE: IVZ), announced today that the Boards of Trustees (the "Boards") of Invesco Advantage Municipal Income Trust II (VKI), Invesco Bond Fund (VBF), Invesco California Value Municipal Income Trust (VCV), Invesco High Income 2024 Target Term Fund (IHTA), Invesco High Income Trust II (VLT), Invesco Municipal Income Opportunities Trust (OIA), Invesco Municipal Opportunity Trust (VMO), Invesco Municipal Trust (VKQ), Invesco Pennsylvania Value Municipal Income Trust (VPV), Invesco Quality Municipal Income Trust (IQI), Invesco Senior Income Trust (VVR), Invesco Trust for Investment Grade Municipals (VGM), Invesco Trust for Investment Grade New York Municipals (VTN) and Invesco Value Municipal Income Trust (IIM) (collectively, the "Funds") appointed Carol Deckbar, Jeffrey H. Kupor, James "Jim" Liddy and Douglas Sharp as trustees of the Funds, effective January 18, 2024.

Key Points: 
  • ATLANTA, Jan. 18, 2024 /PRNewswire/ -- Invesco Advisers, Inc., a subsidiary of Invesco Ltd. (NYSE: IVZ), announced today that the Boards of Trustees (the "Boards") of Invesco Advantage Municipal Income Trust II (VKI), Invesco Bond Fund (VBF), Invesco California Value Municipal Income Trust (VCV), Invesco High Income 2024 Target Term Fund (IHTA), Invesco High Income Trust II (VLT), Invesco Municipal Income Opportunities Trust (OIA), Invesco Municipal Opportunity Trust (VMO), Invesco Municipal Trust (VKQ), Invesco Pennsylvania Value Municipal Income Trust (VPV), Invesco Quality Municipal Income Trust (IQI), Invesco Senior Income Trust (VVR), Invesco Trust for Investment Grade Municipals (VGM), Invesco Trust for Investment Grade New York Municipals (VTN) and Invesco Value Municipal Income Trust (IIM) (collectively, the "Funds") appointed Carol Deckbar, Jeffrey H. Kupor, James "Jim" Liddy and Douglas Sharp as trustees of the Funds, effective January 18, 2024.
  • Martin Flanagan, who had served as an interested trustee of the Funds, has retired from that role effective January 18, 2024.
  • Each trustee currently serves on the boards of trustees of the open-end and interval fund investment companies in the Invesco funds complex.
  • This communication is not intended to, and shall not, constitute an offer to purchase or sell shares of any of the Invesco funds, including the Funds.

Zions Bancorporation Announces 2024 Earnings Release Dates

Retrieved on: 
Wednesday, January 3, 2024
Banking, Professional Services, Finance, Zions Bancorporation, Bank, Small Business Administration, Small business, Webcast, ZION

(NASDAQ: ZION) announced its expected earnings release dates for the fiscal fourth quarter of 2023 and the first, second, and third quarters of 2024.

Key Points: 
  • (NASDAQ: ZION) announced its expected earnings release dates for the fiscal fourth quarter of 2023 and the first, second, and third quarters of 2024.
  • Zions expects to report its financial results on the following dates and times:
    Forward looking and other material information may be discussed on these conference calls.
  • Zions Bancorporation, N.A.
  • In addition, Zions is included in the S&P 500 and NASDAQ Financial 100 indices.

Key Decision Makers and Community Experts Unite to Position Salt Lake City's Power District as Utah's Potential MLB Stadium Site

Retrieved on: 
Wednesday, December 20, 2023
Petro, Senate, Entrepreneurship, Friends, University, Chair, Credit union, PacifiCorp, Beehive, TRAX, Utah State University, Kem, Heart, Utah House of Representatives, America First Credit Union, Olympic Games, Major League Baseball, Sport, Member of Congress, Mountain, Growth, Zions Bancorporation, Organization, MLB, House, Partner (business rank), Management

SALT LAKE CITY, Dec. 20, 2023 /PRNewswire/ -- Big League Utah, the broad-based coalition united to position Salt Lake City, Utah as a Major League Baseball (MLB) expansion market, announced the creation of honorary and community advisory boards. Board members' expertise and commitment to Utah's success will help advance the multi-faceted campaign and focused efforts.

Key Points: 
  • "We have an exceptional ownership group, a shovel ready ballpark site, overwhelming community support in a strong growth market for MLB.
  • The Power District is an approximately 100-acre, shovel-ready site in the heart of Salt Lake City's west side.
  • Big League Utah announced its intention to position Salt Lake City, Utah as an MLB expansion market in April 2023.
  • "We are particularly excited about the impact a Major League Baseball team could have on Salt Lake City's west side.

Excelsior Energy Capital Closes USD $1.3 Billion Project Financing Package for the Faraday Solar Project

Retrieved on: 
Tuesday, November 28, 2023
Other Energy, Utilities, Oil, Gas, Finance, Alternative Energy, Energy, Banking, Professional Services, Sumitomo Mitsui Trust Holdings, Winston & Strawn, Acquisition, Ryan LLC, CIBC, Zions Bancorporation, Investment, U.S. Bancorp, PTC, IRA, Wind, Project finance, USD, Mergers and acquisitions, Huntington Bancshares, National bank, Capital market, Sumitomo Mitsui Banking Corporation, Associated Banc-Corp, Partnership, Comerica, PacifiCorp, National Bank of Canada, Electricity, DNB, Creditor, Excelsior, MUFG, Meta, Renewable energy, Bank, Umbrella, Michael Faraday

Excelsior Energy Capital announced today that it has closed a USD $1.3B financing package on the Faraday Solar project in Utah County, Utah.

Key Points: 
  • Excelsior Energy Capital announced today that it has closed a USD $1.3B financing package on the Faraday Solar project in Utah County, Utah.
  • Excelsior acquired Faraday Solar earlier this year from Parasol and Clenera who developed the project.
  • Faraday Solar is a 682.5 MW ground-mounted solar facility and is contracted under an investment grade long-term power purchase agreement.
  • The Faraday investment is the largest single investment made by Excelsior’s first flagship fund, Excelsior Renewable Energy Investment Fund I (“Fund I”).

ISG Study: AI, Customer Experience Are Top 2024 Spending Priorities for Banking, Financial Services & Insurance

Retrieved on: 
Monday, November 20, 2023
Technology, Insurance, Finance, Fintech, Banking, Professional Services, Software, Data Analytics, Data Management, Artificial Intelligence, Hitachi, LLM, Research, TBM, Madison Avenue, Organization, Enterprise architecture, Russell Page, Zions Bancorporation, IBM, Artificial intelligence, Culture, BFSI, Chubb Limited, Ecosystem, ISG, Credit One Bank, Liberty Mutual, Everyday Life, Financial services, Technology Business Management Council, Automation, Operation, Digital product design, Operations and technology management, Growth, AI, Customer experience, Risk management, Management, Life, Infinite, Allstate, Chubb, Nationwide

ISG will present the full study findings at the ISG TechXchange: Banking, Financial Services and Insurance event, December 5 at etc.venues, 360 Madison Avenue, New York City.

Key Points: 
  • ISG will present the full study findings at the ISG TechXchange: Banking, Financial Services and Insurance event, December 5 at etc.venues, 360 Madison Avenue, New York City.
  • “Economic uncertainty has put a laser focus on costs,” said Owen Wheatley, ISG lead partner for Banking and Financial Services and co-host of the event.
  • “As policyholders seek fast, personalized services, data-driven technology opens doors for hyper-personalized offerings,” said Dennis Winkler, Insurance practice lead for ISG and co-host of the event.
  • The ISG TechXchange: Banking, Financial Services and Insurance event is sponsored by Hitachi Vantara, Infinite, IBM and Xebia.

Horter Investment Management Achieves Next Level Growth in Financial Services: Horter Appoints Keith Schmidt President.

Retrieved on: 
Monday, December 11, 2023
Zions Bancorporation, HIM, Financial analyst, Financial adviser, Financial services, Management, Horter

CINCINNATI, Dec. 11, 2023 /PRNewswire/ -- Horter Investment Management, LLC (HIM), a registered investment advisory firm with 40 investment advisor representatives and relationships with over 30 independent advisory firms (representing over 50 additional investment advisor representatives), today announced the appointment of established financial industry leader, Keith Schmidt as the President of Horter Investment Management, LLC.

Key Points: 
  • CINCINNATI, Dec. 11, 2023 /PRNewswire/ -- Horter Investment Management, LLC (HIM), a registered investment advisory firm with 40 investment advisor representatives and relationships with over 30 independent advisory firms (representing over 50 additional investment advisor representatives), today announced the appointment of established financial industry leader, Keith Schmidt as the President of Horter Investment Management, LLC.
  • Horter is positioning itself as a powerhouse for advisors and has set the foundation to move into the future.
  • A significant move to position Horter for the future, Mr. Schmidt brings industry-recognized achievements with Zions Bank over his 25-year wealth management background:
    Directed investment services throughout 10 states, developing Advisor profitability
    "We are very excited to add Keith to our expanded management team," said Drew Horter, Horter Investment Management Chairman & CEO.
  • Mr. Schmidt expands the Horter management team, which now includes Drew Horter, CEO and Chairman, Kevin Hetzer, Director of Operations, Hayden Horter, Investment Analyst & Insurance Specialist, and Griffin Horter, Corporate Strategist.

Tower Arch Capital Forms S&N Infrastructure Services and Completes Recapitalization of S&N Communications

Retrieved on: 
Tuesday, December 5, 2023
Gibson Dunn, Safety, S, LLP, Zions Bancorporation, BDO, UMB Financial Corporation, S&N, N&S, Partnership

S&N provides turnkey maintenance, repair, upgrade, and installation services for communications and electric utilities infrastructure.

Key Points: 
  • S&N provides turnkey maintenance, repair, upgrade, and installation services for communications and electric utilities infrastructure.
  • We are excited about this new partnership with Tower Arch Capital as we focus on delivering excellent services and expand our presence to better support our current and future customers."
  • Dave Parkin, Partner at Tower Arch Capital, added, "We are pleased to announce our first Fund III partnership with Allen Powell and the fine leadership team at S&N.
  • Advisors for Tower Arch Capital included Gibson, Dunn & Crutcher LLP and BDO USA, LLP.