Silicon Valley Bank

Maui Land & Pineapple Company appoints new board members to support next chapter of growth

Retrieved on: 
Wednesday, January 3, 2024
Central Pacific Bank, Core, CPF, Corporate finance, Risk, Landscape, Non-governmental organization, Federal Reserve Bank, Drainage, Central Pacific, CNM, Catholic Church, Virginia School for Girls, University, Silicon Valley Bank, Water, FRB, Construction, General counsel, Growth, MLP, Silicon, Ohta, SVB, Management

“Catherine and Ken embody esteemed leadership and we are honored to add them to our diverse slate of Directors.

Key Points: 
  • “Catherine and Ken embody esteemed leadership and we are honored to add them to our diverse slate of Directors.
  • We look forward to their thoughtful guidance as we chart the course for a future of growth,” said Race Randle, CEO of Maui Land & Pineapple Company.
  • He is also a board member of the private equity and real estate company, Tradewind Capital.
  • With the addition of Ngo and Ota, Maui Land & Pineapple Company’s Board of Directors will be comprised of seven independent directors of diverse communities with versatile expertise.

Frank Elderson: Powers, ability and willingness to act – the mainstay of effective banking supervision

Retrieved on: 
Wednesday, January 3, 2024
People, Lehman Brothers, Risk, Regulation (European Union), DNA, Reproduction, Silicon Valley Bank, European Court, Intention, Communication, Risk management, Review, SVB, OJ, Federal Reserve, Materiality, Regulation, Frankfurt, Prudential, Board of directors, Speech, Benchmarking, Supervisory board, Safety, Climate, Aggregation, Central bank, IMF, Justice, Civil service commission, European Central Bank, International Monetary Fund, Silicon, Time, Treaty, Federal, ECB, Credit Suisse, Policy, European Commission, Eye, Compliance, Evaluation, SSM, Audit, BCBS, Observation, Bank

Communication shocks from the US spill over to risk in the euro area and vice versa, but traditional US shocks show no spillover effects to risk.

Key Points: 
  • Communication shocks from the US spill over to risk in the euro area and vice versa, but traditional US shocks show no spillover effects to risk.
  • Both monetary policy and communication shocks spill over to stocks, with euro area information spillovers being particularly strong.

An opportunity to review and improve the EU’s bank crisis management framework

Retrieved on: 
Wednesday, January 3, 2024
Lehman Brothers, Financial Stability Board, Learning, GFC, Risk, DGS, Union, Silicon Valley Bank, Risk management, Global, SRF, Single Resolution Board, Bankruptcy, EDIS, Banco Popular, FSB, See, Speech, UBS, Public sector, Safety, Finance, Commission, Opinion, Central bank, Fear, IMF, SRB, Civil service commission, CHF, Insurance, European Central Bank, International Monetary Fund, Silicon, Household, ECB, ESM, Credit Suisse, European Commission, Eligibility, Single Resolution Mechanism, Bank, Failure, Sale, Credit, Gaps, Compliance, Sis, Signature Bank, COVID-19, Investment, Review, Committee, National bank, Bank failure, Pressure, Buffer

This article analyses the European crisis management framework for banks. It concludes that key areas for improvement are the crisis management options for small and medium-sized banks as well as preparedness for systemic crises. The European Commission’s reform proposal represents an opportunity to implement the lessons learned over the last decade.

Key Points: 


This article analyses the European crisis management framework for banks. It concludes that key areas for improvement are the crisis management options for small and medium-sized banks as well as preparedness for systemic crises. The European Commission’s reform proposal represents an opportunity to implement the lessons learned over the last decade.

Shearman & Sterling Releases its Annual Corporate Governance & Executive Compensation Survey Highlighting Key Trends and Regulatory Developments

Retrieved on: 
Thursday, December 7, 2023
Computer security, Shearman, Face, Woman, Research, Risk management, First Republic Bank, Disclosure, Artificial intelligence, Gender, Shearman & Sterling, AI, Signature Bank, Broad, Silicon Valley Bank, Climate change, Risk, Thought, Silicon, Corporate governance, SVB

NEW YORK, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Global law firm Shearman & Sterling today released its annual Corporate Governance & Executive Compensation Survey.

Key Points: 
  • NEW YORK, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Global law firm Shearman & Sterling today released its annual Corporate Governance & Executive Compensation Survey.
  • Now in its 21st edition, the survey provides a review of key corporate governance trends, along with a comprehensive examination of the corporate governance and executive compensation practices of 100 of the largest U.S. public companies.
  • The annual survey tracks the impact of changing practices, trends and regulatory developments on key areas of corporate governance and executive compensation.
  • Given the breadth of data collected by the survey, the report can serve as a benchmark for public company directors and executives to assess their governance practices.

Connectbase Strengthens Global Connectivity Commerce Platform with Acquisition of MasterStream

Retrieved on: 
Wednesday, December 27, 2023
Cloud, Ecosystem, Acquisition, Connected, Marketplace, Silicon Valley Bank, Growth, Silicon, API, Location, Connectivity, Cryptocurrency

BOSTON, Dec. 27, 2023 /PRNewswire/ -- Connectbase™, The Industry Cloud for Connectivity, announces that it has acquired MasterStream ERP. MasterStream, a telecom-centric configure-price-and-quote platform that currently processes 500,000 quotes monthly, focuses on transactions in the channel. This acquisition grows the Connectbase ecosystem, accelerates the adoption of digital transactions by the channel world and solidifies Connectbase's position as the leading global quoting and transaction platform for connectivity.

Key Points: 
  • BOSTON, Dec. 27, 2023 /PRNewswire/ -- Connectbase ™, The Industry Cloud for Connectivity, announces that it has acquired MasterStream ERP .
  • MasterStream, a telecom-centric configure-price-and-quote platform that currently processes 500,000 quotes monthly, focuses on transactions in the channel.
  • This acquisition grows the Connectbase ecosystem, accelerates the adoption of digital transactions by the channel world and solidifies Connectbase's position as the leading global quoting and transaction platform for connectivity.
  • "Combining MasterStream, Connectbase and LastMileXchange, who we acquired earlier this year, we've significantly increased the demand power and volume behind our already powerful Marketplace, making Connectbase the single biggest source of digital demand for the connectivity industry."

Trinity Capital Inc. Provides $30 Million Growth Capital to Cart.com

Retrieved on: 
Thursday, December 21, 2023
First Citizens BancShares, Cart.com, Trinity, Silicon Valley Bank, Commerce, Growth, Investment, Silicon, Financial services

PHOENIX, Dec. 21, 2023 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-stage companies, today announced the commitment of $30 million in growth capital to Cart.com , a provider of unified commerce and logistics solutions that enable merchants to sell and fulfill anywhere.

Key Points: 
  • PHOENIX, Dec. 21, 2023 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-stage companies, today announced the commitment of $30 million in growth capital to Cart.com , a provider of unified commerce and logistics solutions that enable merchants to sell and fulfill anywhere.
  • Cart.com supports over $8 billion in gross merchandise value and operates 14 omnichannel facilities nationwide, totaling over 8 million square feet of space.
  • This investment is part of a larger $100 million debt refinancing that included Trinity and Silicon Valley Bank, a division of First Citizens Bank.
  • We're excited to partner with Trinity, a proven and trusted provider of capital to growth-stage companies, to fuel our next chapter of profitable growth in the years to come."

Taysha Gene Therapies Reports Third Quarter 2023 Financial Results and Provides Corporate and Clinical Updates

Retrieved on: 
Tuesday, November 14, 2023
CNS, Webcast, Principal, ID, Associate, Gait, Safety, Pediatrics, Gene, Silicon Valley Bank, Socialization, Phenotype, Disease, Risk, Clinical trial, CHU, Administration, Patient, Cell, Dysrhythmia, FAAP, Research, ESGCT, Movement, Posture, Seizure, Hyperventilation, Development, IDMC, FRCP, Rett syndrome, Congress, Central nervous system, Mutation, Walking, Șaeș, AAV, MECP2, Pharmaceutical industry, Nursing, Vaccine, Cryptocurrency, Rett, DALLAS, Neuroscience

Following treatment, both patients experienced improvement in key clinical domains impacting activities of daily living, including breathing dysrhythmia, autonomic function, socialization, and gross and fine motor skills.

Key Points: 
  • Following treatment, both patients experienced improvement in key clinical domains impacting activities of daily living, including breathing dysrhythmia, autonomic function, socialization, and gross and fine motor skills.
  • Additional information on available clinical data is available in the Company’s quarterly report on Form 10-Q for the quarter ended September 30, 2023, to be filed with the SEC.
  • Cash and cash equivalents: As of September 30, 2023, the Company had cash and cash equivalents of $164.3 million.
  • Taysha management will hold a conference call and webcast today at 4:30 pm ET to review its financial and operating results and to provide corporate and clinical updates.

Affimed Reports Third Quarter 2023 Financial Results and Highlights Operational Progress

Retrieved on: 
Tuesday, November 14, 2023
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MANNHEIM, Germany, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Affimed N.V. (Nasdaq: AFMD) (“Affimed” or the “Company”), a clinical-stage immuno-oncology company committed to giving patients back their innate ability to fight cancer, today reported financial results and provided an update on clinical and corporate progress for the third quarter of 2023.

Key Points: 
  • MANNHEIM, Germany, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Affimed N.V. (Nasdaq: AFMD) (“Affimed” or the “Company”), a clinical-stage immuno-oncology company committed to giving patients back their innate ability to fight cancer, today reported financial results and provided an update on clinical and corporate progress for the third quarter of 2023.
  • Total revenue for the quarter ended September 30, 2023, was €2.0 million compared with €14.9 million for the quarter ended September 30, 2022.
  • Affimed prepares and reports consolidated financial statements and financial information in accordance with IFRS as issued by the IASB.
  • Affimed will host a conference call and webcast on November 14, 2023, at 8:30 a.m. EST / 14:30 CET to discuss third quarter 2023 financial results and corporate developments.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in PacWest Bancorp of Class Action Lawsuit and Upcoming Deadline – PACW

Retrieved on: 
Monday, November 13, 2023
Defendant, Sale, Ext, PacWest Bancorp, Pressure, Safety, Banc of California, Silicon Valley Bank, LLP, PWB, Action Replay, Pomerantz, Investment, Bank holding company, Complaint, Signature Bank, Report, First Republic Bank, Treasury, Federal, District court, FDIC, Person, Silvergate Bank, Form 10-Q, Banq, Silvergate, Court, Fed, PacWest, News, Prior, SVB, Bank, Cryptocurrency, Security (finance), Bloomberg

NEW YORK, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against PacWest Bancorp (“PacWest” or the “Company”) (NASDAQ: PACW) and certain officers.

Key Points: 
  • NEW YORK, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against PacWest Bancorp (“PacWest” or the “Company”) (NASDAQ: PACW) and certain officers.
  • To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext.
  • PacWest operates as a holding company for its wholly-owned subsidiary, Pacific Western Bank (“PWB”), a regional bank based in Los Angeles, California.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

Vistara Growth Announces US$150M Initial Closing for Latest Technology Focused Private Credit Fund

Retrieved on: 
Wednesday, December 13, 2023
Software, Banking, Networks, Internet, Professional Services, Hardware, Data Management, Technology, Security, Finance, Consulting, Telecommunications, Private credit, Partner (business rank), Projection, Silicon Valley Bank, Investment, Sanskrit, Silicon, Growth, News, Environment, Preqin, IRR, Renewable energy, Security (finance)

Vistara Growth (“Vistara”) today announced an initial closing at over US$150 million for Vistara Technology Growth Fund V LP (“Fund V”) towards its target of US$400 million.

Key Points: 
  • Vistara Growth (“Vistara”) today announced an initial closing at over US$150 million for Vistara Technology Growth Fund V LP (“Fund V”) towards its target of US$400 million.
  • The closing was completed in 4 weeks from launch and was anchored by increased commitments from existing Vistara limited partners.
  • Since inception in 2015, Vistara has raised over US$500 million, primarily from non-institutional sources such as family offices, entrepreneurs, and private foundations, predominantly based in British Columbia.
  • The growth in demand for Private Credit has also been fuelled by the higher interest rate environment and ongoing challenges for regulated bank lenders.