Zions Bancorporation

Risk Management Association Names Sandeep Kharidhi Chief Product Officer

Retrieved on: 
Thursday, June 23, 2022
Solution, MVC, Association, Industry, MUFG Bank, LexisNexis Risk Solutions, Risk management, Insurance, Knowledge, Zions Bancorporation, University, RMA, Professional development, University of North Carolina at Charlotte, PNC Financial Services, Computer science, GLOBE, Management, Deluxe

Philadelphia, June 23, 2022 (GLOBE NEWSWIRE) -- The Risk Management Association (RMA) today announced the addition of Sandeep Kharidhi as Chief Product Officer.

Key Points: 
  • Philadelphia, June 23, 2022 (GLOBE NEWSWIRE) -- The Risk Management Association (RMA) today announced the addition of Sandeep Kharidhi as Chief Product Officer.
  • As RMA Chief Product Officer, Kharidhi is responsible for the strategy and execution of all RMA product-related activitiesincluding development, design, build, onboarding, and customer successas well as its Professional Development offerings.
  • Founded in 1914, the Risk Management Association is a not-for-profit, member-driven professional association whose sole purpose is to advance the use of sound risk management principles in the financial services industry.
  • RMA promotes an enterprise approach to risk management that focuses on credit risk, market risk, and operational risk.

Evaluating Risk Culture Becoming Standard Procedure at Banks, Survey by RMA and Ncontracts Finds

Retrieved on: 
Tuesday, June 7, 2022
Risk management, Identity theft, PNC Financial Services, Goal, RMA, LinkedIn, CEO, SVP, Awareness, Organization, Zions Bancorporation, Appetite, ID, MVC, GLOBE, Risk, MUFG Bank, Technology, Pandemic, Compliance, Twitter, Association, Industry, Culture, Theft, SEC

But, the survey notes, the move to remote and hybrid work caused shifts in operating environments, and culture, that have prompted institutions to revise risk management incentive programsand could shift risk culture in the future.

Key Points: 
  • But, the survey notes, the move to remote and hybrid work caused shifts in operating environments, and culture, that have prompted institutions to revise risk management incentive programsand could shift risk culture in the future.
  • The survey also found that:
    Two-thirds of respondents evaluate their risk culture annually: Ten percent evaluate more frequently, 10% evaluate less frequently, while the rest of the respondents specified other cadences.
  • Data used to assess risk culture includes loss and global risk rating trends, industry concentration evaluations, employee surveys and listening sessions, timeliness of risk identification, and other risk awareness measures.
  • RMA promotes an enterprise approach to risk management that focuses on credit risk, market risk, and operational risk.

Bridge Investment Group Closes on $150 Million of Senior Notes and Refinanced Its Senior Secured Credit Facility

Retrieved on: 
Monday, June 6, 2022
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Banking, Time, Company, Securities Act of 1933, Security (finance), U.S. Securities and Exchange Commission, Senior, Zions Bancorporation, CIBC, Old Clock at Zion's First National Bank, Private Securities Litigation Reform Act, NYSE, Credit, Line of credit, Primary Dealer Credit Facility, Bridge

Bridge Investment Group Holdings Inc. (NYSE: BRDG) (Bridge or the Company) today announced that it closed on $150 million of senior notes and refinanced its existing Senior Secured Credit Facility (Credit Facility), increasing it from $75 million to $125 million.

Key Points: 
  • Bridge Investment Group Holdings Inc. (NYSE: BRDG) (Bridge or the Company) today announced that it closed on $150 million of senior notes and refinanced its existing Senior Secured Credit Facility (Credit Facility), increasing it from $75 million to $125 million.
  • In addition, the Company refinanced a $75 million line of credit that was set to mature in July 2022.
  • The new Credit Facility was increased to $125 million and matures on June 3, 2024 (subject to extension under certain circumstances).
  • Additionally, the new Credit Facility can be increased up to $225 million, contingent upon certain criteria being met.

Santa Cruz County Bank Hires Chief Risk Officer Maxwell Sinclair

Retrieved on: 
Tuesday, May 3, 2022
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SANTA CRUZ, Calif., May 3, 2022 /PRNewswire/ -- Santa Cruz County Bank (OTCQX: SCZC), today announced Maxwell Sinclair has joined the Bank as Executive Vice President and Chief Risk Officer.

Key Points: 
  • SANTA CRUZ, Calif., May 3, 2022 /PRNewswire/ -- Santa Cruz County Bank (OTCQX: SCZC), today announced Maxwell Sinclair has joined the Bank as Executive Vice President and Chief Risk Officer.
  • Santa Cruz County Bank is distinguished from "big banks" by its relationship-based service, problem-solving focus and direct access to decision makers.
  • True to its community roots, Santa Cruz County Bank has supported regional well-being by actively participating in and donating to local not-for-profit organizations.
  • Santa Cruz County Bank stock is publicly traded on the OTCQX U.S. Premier marketplace under the symbol SCZC.

American Banker announces THE MOST POWERFUL WOMEN IN BANKING™ NEXT 2022 honorees, representing the future of leadership in financial services

Retrieved on: 
Monday, May 2, 2022
Optimism, KeyBank, BBVA, American Banker, Student, Woman, NEW, Citigroup, Wells Fargo, Benchmarking, Association, Arizent, Bank of America, Industry, Why Not Me, Leadership, Journalism, Accounting Today, Zions Bancorporation, Bank, American Bankers Association, PNC, News, The Bond Buyer, Technology, Research, National Mortgage News, Accounting, NEXT, Drug, Management

NEW YORK, May 2, 2022 /PRNewswire-PRWeb/ -- American Banker, Arizent's essential resource for senior executives in banking and financial services, has announced the honorees of its fourth annual The Most Powerful Women in Banking: Next program, highlighting 15 women who have demonstrated exceptional leadership over the past year.

Key Points: 
  • The NEXT program celebrates women, ages 40 and under, whose achievements set them apart in their companies' leadership pipelines.
  • "These women represent the bright future of financial services a reason for genuine optimism," says Chana Schoenberger, Editor-in-Chief of American Banker.
  • The dinner is part of a weeklong celebration that marks the 20th anniversary of The Most Powerful Women in Banking.
  • Since 2001, American Banker's The Most Powerful Women in Banking and Finance ranking has recognized the professional achievements and influence of top-performing female executives in banking and financial services.

Zions Bancorporation’s Board Approves Share Repurchase and Declares Dividends on Common and Preferred Stock

Retrieved on: 
Friday, April 29, 2022
Banking, Professional Services, Finance, Small business, CUSIP, Zions Bancorporation, Share repurchase, NASDAQ Financial-100, Small Business Administration, NASDAQ, Bank, Series, Holding company

(NASDAQ: ZION) announced today that its board of directors (board) authorized a share repurchase for the second quarter of 2022 of up to $50 million.

Key Points: 
  • (NASDAQ: ZION) announced today that its board of directors (board) authorized a share repurchase for the second quarter of 2022 of up to $50 million.
  • The board also declared a regular quarterly dividend of $0.38 per common share, payable May 26, 2022 to shareholders of record at the close of business on May 19, 2022.
  • Additionally, the board declared regular quarterly cash dividends on the company's various perpetual preferred shares, as detailed below.
  • Zions has obtained the requisite regulatory approval to allow Zions to timely execute on this authorization.

Gardner Companies Announces Changes in Leadership

Retrieved on: 
Wednesday, April 27, 2022
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The Gardner Companies, one of the Intermountain Wests leading community builders focused on real estate development, renewable energy and the creation of innovative companies, has announced a shift in leadership.

Key Points: 
  • The Gardner Companies, one of the Intermountain Wests leading community builders focused on real estate development, renewable energy and the creation of innovative companies, has announced a shift in leadership.
  • Founder Kem C. Gardner will transition into a new position as Chairman Emeritus, shifting leadership responsibilities to Christian Gardner in his new role as Chairman of the Board.
  • Im humbled and excited to move into this new role with the Gardner Companies and to build on the incredible legacy that my father has built, Christian said.
  • Brad Margetts, the Gardner Companies current CFO, will continue in his role in addition to his involvement on the Executive Leadership Team.

Zions Bancorporation, National Association Reports First Quarter Financial Results

Retrieved on: 
Monday, April 25, 2022
Banking, Professional Services, Finance, CEO, Small business, Zions Bancorporation, U.S. Securities and Exchange Commission, Security (finance), NASDAQ, Small Business Administration, Private Securities Litigation Reform Act, Growth, PPP, ZION, NASDAQ Financial-100, Bank, Environment, Webcast, SEC, Forward-looking statement, Income

Our balance sheet is well positioned to generate stronger earnings in the higher interest rate environment we expect in coming quarters.

Key Points: 
  • Our balance sheet is well positioned to generate stronger earnings in the higher interest rate environment we expect in coming quarters.
  • For the full version of the Bank's 2022 first quarter earnings release, including financial schedules, please visit www.zionsbancorporation.com .
  • Zions has posted a supplemental presentation to its website, which will be used to discuss the first quarter results at 5:30 p.m.
  • In addition, Zions is included in the S&P 500 and NASDAQ Financial 100 indices.

Malouf Foundation™ Holds Annual Summit on Combating Sexual Exploitation

Retrieved on: 
Saturday, April 23, 2022
Online, CSAM, Awareness, Flower, Utah House of Representatives, Paul Delaune, Zions Bancorporation, COVID-19, Commerce, National, Legislation, Crime Junkie, NCMEC, Law enforcement, Summit, Life, National Center for Missing & Exploited Children, Learning, Trauma, University of Utah, Education, Human, Organization, Survivor, John W. Coffren House and Store, Privacy, National security, Over in Hero-Land, Moreto, Eradication, SALT, Foundation, Policy, HOPE, University, Prevalence, Child, Attention, Business, Time, Sex industry, Management, Entertainment, Tutoring, Florida First District Court of Appeal, Malouf

The Malouf Foundation Summitconsists of influential panelists discussing the prevalence of child sexual exploitation and the importance of making a difference.

Key Points: 
  • The Malouf Foundation Summitconsists of influential panelists discussing the prevalence of child sexual exploitation and the importance of making a difference.
  • The Malouf Foundation Summit informs individuals how to get involved in the fight against child sexual exploitation.
  • In January 2022, the Elizabeth Smart Foundation officially became a part of the Malouf Foundation to broaden the impact of both organizations.
  • Supported by the network of Malouf Companies, the Malouf Foundation gives 100 percent of its resources on behalf of the people it serves.

Zions Bancorporation to Webcast 2022 Annual Meeting of Shareholders

Retrieved on: 
Wednesday, April 20, 2022
Banking, Professional Services, Finance, Annual general meeting, Small business, Internet, NASDAQ, Small Business Administration, NASDAQ Financial-100, Bank, Zions Bancorporation

Zions Bancorporation (Nasdaq: ZION ) will hold its Annual Meeting of Shareholders on Friday, April 29, 2022, at 1:00 p.m. Mountain Time.

Key Points: 
  • Zions Bancorporation (Nasdaq: ZION ) will hold its Annual Meeting of Shareholders on Friday, April 29, 2022, at 1:00 p.m. Mountain Time.
  • The meeting will again be held virtually and can be attended by navigating to the following website: http://www.virtualshareholdermeeting.com/ZION2022
    As described in Zions Bancorporations proxy statement, shareholders of record will be able to vote and ask questions during the online meeting.
  • Participation requires use of the 16-digit control number provided on their proxy card, email notice, or Notice of Internet Availability of Proxy Materials.
  • is one of the nation's premier financial services companies with annual net revenue of $2.9 billion in 2021 and more than $90 billion of total assets.