Zions Bancorporation

Financial Institutions Face Risk with Models, New RMA Study Finds

Retrieved on: 
Wednesday, April 20, 2022
Ally Financial, Zions Bancorporation, Association, MRM, Risk management, Bias, MUFG Bank, Non-financial risk, Technology, PNC Financial Services, MVC, Industry, RMA, Risk, Bank, Cryptocurrency

PHILADELPHIA, April 20, 2022 /PRNewswire/ -- Financial institutions face a number of risks as they speed up digitization and rely more heavily on new technology to influence lending and other decisions, a new study of 62 banks by the Risk Management Association (RMA) has found.

Key Points: 
  • This includes some powerful innovative practices like AI-driven models," said Edward J. DeMarco, Jr., the head of Non-Financial Risk at RMA.
  • The Survey of Model Risk Management, Vendor Model Validation, and Third-Party Model Risk covers the model risk management practices of North American banks ranging from $2 billion to $2 trillion in assets and explores in depth how financial institutions use and validate third-party models.
  • RMA promotes an enterprise approach to risk management that focuses on credit risk, market risk, and operational risk.
  • Headquartered in Philadelphia, Pennsylvania, RMA has 1,600 institutional members that include banks of all sizes as well as nonbank financial institutions.

Clarus Corporation Announces Upsized $425 Million Credit Agreement

Retrieved on: 
Tuesday, April 19, 2022
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SALT LAKE CITY, April 19, 2022 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (Clarus and/or the Company), a global company focused on the outdoor and consumer enthusiast markets, announced that it has amended and upsized its existing senior secured credit facility jointly led by JPMorgan Chase Bank, N.A.

Key Points: 
  • SALT LAKE CITY, April 19, 2022 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (Clarus and/or the Company), a global company focused on the outdoor and consumer enthusiast markets, announced that it has amended and upsized its existing senior secured credit facility jointly led by JPMorgan Chase Bank, N.A.
  • Under the terms of the upsized credit agreement, Clarus has access to an increased revolving credit facility of $300 million and a $125 million term loan.
  • The facility also includes an uncommitted accordion feature of $175 million, for a total borrowing capacity of up to $600 million.
  • We assume no obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release.

Caesars Republic Scottsdale Luxury Hotel Announces Construction is Underway and Exclusive Event Reservations are Now Open for Q2 2024

Retrieved on: 
Monday, April 4, 2022
SVN, Caesars Entertainment, Silver, NASDAQ, National bank, MAC, Scottsdale Fashion Square, HCW, Restaurant, NYSE, Valley, Walker, Fort Dunlop, Camelback Mountain, Sun, Caesar, CZR, Caesars Entertainment (2020), Zions Bancorporation, Architecture, VIP, Harrah's Entertainment, Imagination, Pronto, Partnership, Hotel, Nightclub, Casino

SCOTTSDALE, Ariz., April 4, 2022 /PRNewswire/ -- National real estate development and property management company, HCW, is excited to announce above-ground construction is currently underway for the highly anticipated Caesars Republic Scottsdale luxury brand hotel.

Key Points: 
  • SCOTTSDALE, Ariz., April 4, 2022 /PRNewswire/ -- National real estate development and property management company, HCW , is excited to announce above-ground construction is currently underway for the highly anticipated Caesars Republic Scottsdale luxury brand hotel.
  • Prior to its opening, Caesars Republic Scottsdale is now accepting reservations for its indoor/outdoor event spaces that offers a one-of-a-kind experience unlike any other hotel in the Valley of the Sun with best-in-class amenities.
  • In partnership with Caesars Entertainment Corporation (NASDAQ: CZR) and Macerich (NYSE: MAC), Caesars Republic Scottsdale is designed to inspire the imagination and push creative boundaries.
  • Caesars Republic Scottsdale will also feature high ceilings, dedicated workspaces, and a top-of-the-line fitness center located across from the rooftop pool.

Zions Bancorporation Announces Fiscal 2022 Earnings Release Dates

Retrieved on: 
Wednesday, March 23, 2022
Banking, Professional Services, Finance, NASDAQ Financial-100, NASDAQ, Webcast, Zions Bancorporation, ZION, Small business, Bank, Small Business Administration

Zions Bancorporation (NASDAQ: ZION) announced its expected earnings release dates for the fiscal first, second, third and fourth quarters of 2022.

Key Points: 
  • Zions Bancorporation (NASDAQ: ZION) announced its expected earnings release dates for the fiscal first, second, third and fourth quarters of 2022.
  • 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.
  • Media representatives, analysts and the public are invited to listen to the conference call.
  • In addition, Zions is included in the S&P 500 and NASDAQ Financial 100 indices.

RMA Forms New Climate Risk Consortium for Regional Banks

Retrieved on: 
Wednesday, March 23, 2022
Risk, Organization, Risk management, Climate change, Toronto-Dominion Bank, IPCC, Zions Bancorporation, Sumitomo Mitsui Banking Corporation, Bank of Montreal, Webster, Association, SMBC, Société Générale, Industry, RMA, Climate, TD, Policy, Ally Financial, BMO, Education, Webster Bank, Renewable energy

PHILADELPHIA, March 23, 2022 /PRNewswire/ --The Risk Management Association announced today it has strengthened its commitment to advance climate risk management in the financial industry by forming the RMA Regional Bank Climate Risk Consortium. It also has added a number of large, international banks to the RMA Climate Risk Consortium officially launched in January.

Key Points: 
  • Consortium for Large Banks Grows, Includes Ally Bank, BMO Financial Group, Societe Generale, Sumitomo Mitsui Banking Corporation(SMBC), TD Bank Group
    PHILADELPHIA, March 23, 2022 /PRNewswire/ --The Risk Management Association announced today it has strengthened its commitment to advance climate risk management in the financial industry by forming the RMA Regional Bank Climate Risk Consortium.
  • It also has added a number of large, international banks to the RMA Climate Risk Consortium officially launched in January.
  • "We look forward to joining our fellow financial services organizations in working with the RMA Regional Bank Climate Risk Consortium as it defines strategies and measurable outcomes within our region."
  • "The RMA Climate Risk Consortium has come together at a critical juncture for the banking industry as it grapples with a multitude of risks while being presented opportunities from the evolving climate and net zero commitments.

The Oakleaf Group Appoints Ed Draves as Senior Managing Director of Business Development

Retrieved on: 
Thursday, March 10, 2022
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BETHESDA, Md., March 10, 2022 /PRNewswire/ -- The Oakleaf Group has announced its appointment of Ed Draves as Senior Managing Director of Business Development.

Key Points: 
  • BETHESDA, Md., March 10, 2022 /PRNewswire/ -- The Oakleaf Group has announced its appointment of Ed Draves as Senior Managing Director of Business Development.
  • Prior to joining Oakleaf, Ed served as Market Director and Client Services Executive for The Goal, a consultancy firm based in Reston, Virginia.
  • Chris Milner, Oakleaf's President and CEO, commented, "Ed Draves will make an excellent addition to the Oakleaf executive team.
  • The Oakleaf Group is a Mortgage advisory firm providing a diverse set of services, solutions and outsourced business processes to all mortgage industry segments.

How Switch is Empowering its Users to Gain Financial Security Through Blockchain Technology

Retrieved on: 
Tuesday, March 8, 2022
Google Pay, Quality of life, SVP, Blockchain, Partnership, Blue Card, Ownership, CEO, Black card, Industry, Zions Bancorporation, Apple Pay, Cryptocurrency

Launched as a partnership between banking executives and blockchain technologists in 2020, Switch seeks to transform the banking industry.

Key Points: 
  • Launched as a partnership between banking executives and blockchain technologists in 2020, Switch seeks to transform the banking industry.
  • These rewards come in the form of SWITCH, which is the native currency to the Switch blockchain.
  • The Switch blockchain aspires to provide tools and services worldwide and help people achieve their financial goals.
  • Make the switch today and start earning your rewards at switchrewardcard.com
    *See terms and conditions for regions where Switch is available.

How Switch is Empowering its Users to Gain Financial Security Through Blockchain Technology

Retrieved on: 
Tuesday, March 8, 2022
Google Pay, Quality of life, SVP, Blockchain, Partnership, Blue Card, Ownership, CEO, Black card, Industry, Zions Bancorporation, Apple Pay, Cryptocurrency

Launched as a partnership between banking executives and blockchain technologists in 2020, Switch seeks to transform the banking industry.

Key Points: 
  • Launched as a partnership between banking executives and blockchain technologists in 2020, Switch seeks to transform the banking industry.
  • These rewards come in the form of SWITCH, which is the native currency to the Switch blockchain.
  • The Switch blockchain aspires to provide tools and services worldwide and help people achieve their financial goals.
  • Make the switch today and start earning your rewards at switchrewardcard.com
    *See terms and conditions for regions where Switch is available.

Zions Bancorporation to Present at the Raymond James & Associates Annual Investors Conference

Retrieved on: 
Wednesday, March 2, 2022
Banking, Professional Services, Finance, EST, NASDAQ Financial-100, Small Business Administration, Webcast, Conference, Zions Bancorporation, Bank, COO, Raymond James Financial, NASDAQ, Small business

Scott McLean, President & COO of Zions Bancorporation (NASDAQ: ZION), will make a presentation at the Raymond James Annual Investors Conference, Monday, March 7 at 9:15 a.m. EST.

Key Points: 
  • Scott McLean, President & COO of Zions Bancorporation (NASDAQ: ZION), will make a presentation at the Raymond James Annual Investors Conference, Monday, March 7 at 9:15 a.m. EST.
  • A live webcast of the session may be accessed on the Zions Bancorporation website, zionsbancorporation.com .
  • The webcast will also be archived and available on the website for 30 days.
  • 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.

Zions Bancorporation Receives 27 Greenwich Excellence Awards For 2021

Retrieved on: 
Tuesday, February 22, 2022
Banking, Professional Services, Finance, Zions Bancorporation, NASDAQ Financial-100, NASDAQ, Small business, Bank, Small Business Administration

In addition, Zions received six awards related to its brand:

Key Points: 
  • In addition, Zions received six awards related to its brand:
    Zions Bancorporation, N.A.
  • is one of the nation's premier financial services companies with annual net revenue of $2.9 billion in 2021 and total assets of more than $90 billion.
  • Zions operates under local management teams and distinct brands in 11 western states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington and Wyoming.
  • In addition, Zions is included in the S&P 500 and NASDAQ Financial 100 indices.