Bank of America

FHLBank San Francisco Names Jennifer Schachterle Senior Vice President, Sales and Business Development

Retrieved on: 
Tuesday, June 6, 2023
Richard Sale (director), Insurance, Business development, Senior, Marketing, PennyMac Financial Services, Policy, Warehouse, Comerica, Credit, Federal Home Loan Banks, Bank of America, SAN, Bank, Western Alliance Bancorporation

SAN FRANCISCO, June 06, 2023 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) announced today the appointment of Jennifer Schachterle as Senior Vice President, Sales and Business Development, effective June 1, 2023.

Key Points: 
  • SAN FRANCISCO, June 06, 2023 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) announced today the appointment of Jennifer Schachterle as Senior Vice President, Sales and Business Development, effective June 1, 2023.
  • In this position, Ms. Schachterle oversees FHLBank San Francisco’s relationships with its nearly 330 member financial institutions across its three-state district of Arizona, California, and Nevada, leading a team dedicated to sales, business development and new member recruitment.
  • She reports to Tony Wong, Executive Vice President and Chief Banking Officer, who manages an integrated team of sales, marketing, and business intelligence leaders.
  • Ms. Schachterle joins FHLBank San Francisco from Western Alliance Bank in Phoenix, Arizona, where she was the Sales Director of Warehouse Lending, leading a sales team and managing a portfolio of mortgage banking clients across the country.

Banking Expert Kerry Cantley Joins Mitek as VP of Digital Banking Strategy

Retrieved on: 
Thursday, June 8, 2023
Software, Finance, Banking, Data Management, Professional Services, Technology, Fintech, Security, Theft, Partnership, Federal Trade Commission, Identity theft, Intelligence, Cantley, Strategy, Capital punishment, Bank of America, FTC, Bank, Fraud, Cryptocurrency, MTX Audio

Mitek (NASDAQ: MITK), whose mission is to make digital access faster and more secure, has named experienced banking veteran Kerry Cantley Vice President of Digital Banking Strategy.

Key Points: 
  • Mitek (NASDAQ: MITK), whose mission is to make digital access faster and more secure, has named experienced banking veteran Kerry Cantley Vice President of Digital Banking Strategy.
  • Cantley brings a distinguished 30-year career in the financial services industry to Mitek.
  • Cantley is a well-known innovator and inventor in banking, with more than 30 patents related to image processes and bank operations.
  • “Mitek is trusted by 99% of U.S. banks to power and protect their mobile check deposit systems,” said Mitek CEO Max Carnecchia.

Bilzin Sumberg Expands Real Estate Practice With Addition of Joseph Hernandez as Partner

Retrieved on: 
Tuesday, June 6, 2023
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Legal, Construction & Property, Cerberus, Hogan Lovells, The Advisory Board Company, Housing, University, Probate, Partner, Trust, Lawyer, Greenberg Traurig, Multimedia, Private practice, Real property, Advisory board, Sale, University of Miami School of Law, Miami River, Surfside condominium collapse, Bank of America, City, Acquisition, Cerberus Capital Management, Biscayne, CMBS, Growth, Florida East Coast Industries, Bank, American College, American Bar Association, Real estate, Property management, Practice of law, Law

View the full release here: https://www.businesswire.com/news/home/20230606005359/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230606005359/en/
    Joseph Hernandez joins Bilzin Sumberg as Partner in the Firm's Real Estate Practice.
  • Hernandez brings 30 years of experience in law, real estate development and finance, and banking.
  • Today, his legal practice centers on real estate acquisitions, dispositions, development, financing, leasing, joint ventures, and capital raises.
  • “Bilzin Sumberg clients look to our Real Estate Practice as a resource for navigating sophisticated developments and transactions in all asset classes,” said Bilzin Sumberg Managing Partner Albert E. Dotson, Jr. “Joe has been working across a range of sectors with clients in all corners of the real estate landscape for three decades.

Bank of America and Apple Executives Join Chargebacks911 to Drive Rapid Expansion

Retrieved on: 
Tuesday, June 6, 2023
Software, Payments, Finance, Professional Services, Technology, Electronic Commerce, Fintech, Security, Software as a service, Apple Pay, Eaton, Education, Riau rupiah, Policy, Multimedia, E-commerce, CNP, ETA, Bank of America, Retirement, Bank, Management, Online shopping, Cryptocurrency, Elavon, Apple

Eaton, CEO and Founder of Chargebacks911, commented on the appointments; “I couldn't be more excited to bring onboard Guy Harris and Eric Hoffman.

Key Points: 
  • Eaton, CEO and Founder of Chargebacks911, commented on the appointments; “I couldn't be more excited to bring onboard Guy Harris and Eric Hoffman.
  • Under his tenure, Bank of America was recognised as number one in customer satisfaction in the J.D.
  • Before Bank of America, Harris served as the President of North America and global revenue for Elavon.
  • Hoffman arrives straight from Apple, where he was Director of Apple Pay Business Development, and one of the first hires by Apple in 2014 to scale Apple Pay.

McKesson Corporation Commences Tender Offer for Any and All 3.796% Notes Due 2024

Retrieved on: 
Wednesday, June 7, 2023
Biotechnology, Pharmaceutical, Medical Supplies, General Health, Health, Medical Devices, Logistics, Supply Chain Management, Transport, Bank of America, Tender offer, Telephone, Ground substance, BofA Securities, Risk, Goldman Sachs, Treasury, Tender, Offering, Mini-tender offer, Security (finance), United States Department of the Treasury, Scotiabank, Life insurance, Cryptocurrency, Note

Holders who validly tender their 2024 Notes may validly withdraw their tendered 2024 Notes at any time prior to the earlier of (i) the Expiration Time and (ii) if the Tender Offer is extended, the 10th business day after commencement of the Tender Offer.

Key Points: 
  • Holders who validly tender their 2024 Notes may validly withdraw their tendered 2024 Notes at any time prior to the earlier of (i) the Expiration Time and (ii) if the Tender Offer is extended, the 10th business day after commencement of the Tender Offer.
  • 2024 Notes may also be validly withdrawn at any time after the 60th business day after commencement of the Tender Offer if for any reason the Tender Offer has not been consummated by that date.
  • If any 2024 Notes remain outstanding after the consummation of the Tender Offer, the Company expects (but is not obligated) to effect the Satisfaction and Discharge.
  • Holders must make their own decision as to whether to tender any of their 2024 Notes and, if so, the principal amount of 2024 Notes to tender.

NEE INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that NextEra Energy, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Retrieved on: 
Tuesday, June 6, 2023
Class Action Lawsuit, Professional Services, Legal, Sentinel, CASE, Sentinel (comics), The, NextEra Energy, Consultant, Electric Bond and Share Company v. Securities and Exchange Commission, Bank of America, Risk, FPL, The Florida Times-Union, Orlando Sentinel, Bank, News, NYSE, Tobacco

Fla.), the NextEra Energy class action lawsuit charges NextEra Energy as well as certain of its top current and former executives with violations of the Securities Exchange Act of 1934.

Key Points: 
  • Fla.), the NextEra Energy class action lawsuit charges NextEra Energy as well as certain of its top current and former executives with violations of the Securities Exchange Act of 1934.
  • A lead plaintiff acts on behalf of all other class members in directing the NextEra Energy class action lawsuit.
  • The lead plaintiff can select a law firm of its choice to litigate the NextEra Energy class action lawsuit.
  • An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the NextEra Energy class action lawsuit.

This Week in Finance News: 13 Stories You Need to See

Retrieved on: 
Friday, June 9, 2023
Workforce, Database, Fed, Small business, Employment, Bank of America, Housing, Baby boomers, Education, Health, Confidence, Business, Woman, Related, Millennials, Finance, Great, Economics, Student, Community, Federal Reserve, Mental, Communication, NACD, Inclusion, City, PR Newswire, Geography, Environment, Mental health, News, BMO Real Estate Partners, Subject-matter expert, Cryptocurrency, Tourism, Real estate, Nursing, Publishing, Culture

NEW YORK, June 9, 2023 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists covering the finance industry stay on top of the week's most newsworthy and popular releases, here's a roundup of stories from the week that shouldn't be missed.

Key Points: 
  • NEW YORK, June 9, 2023 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire.
  • To help journalists covering the finance industry stay on top of the week's most newsworthy and popular releases, here's a roundup of stories from the week that shouldn't be missed.
  • The list below includes the headline (with a link to the full text) and an excerpt from each story.
  • 52 companies on the 2023 Fortune 500 are led by women CEOs—an all-time high, up from 44 last year.

Bank of America Announces 2024 Financial Reporting Dates

Retrieved on: 
Thursday, June 8, 2023
NYSE, Bank, Small business, Risk management, Bank of America, Nidec-Shimpo America Corporation, ATM, BAC, Digital, Eastern Time Zone, Cryptocurrency

CHARLOTTE, N.C., June 8, 2023 /PRNewswire/ -- Bank of America today announced the following reporting dates for quarterly financial results:

Key Points: 
  • CHARLOTTE, N.C., June 8, 2023 /PRNewswire/ -- Bank of America today announced the following reporting dates for quarterly financial results:
    Fourth quarter 2023 – Friday, January 12, 2024
    First quarter 2024 – Tuesday, April 16, 2024
    Second quarter 2024 – Tuesday, July 16, 2024
    Third quarter 2024 – Tuesday, October 15, 2024
    The results will be released at approximately 6:45 a.m. Eastern Time.
  • For the fourth quarter 2023 reporting date on January 12, 2024, the company will host a conference call for investors at 11:00 a.m. Eastern Time.
  • Bank of America offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services.
  • For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts .

John Hancock Investment Management expands alternatives availability and reach for investors

Retrieved on: 
Thursday, June 8, 2023
Bank of America, Partnership, Investment, ICE, RIA, Pershing, Index, Commodity, Treasury, Prospectus, Risk, Marathon Asset Management, Growth, Bank, United States Department of the Treasury, Transport, Intercontinental Exchange, Fidelity, Life insurance, Security (finance), Cryptocurrency, Insurance

John Hancock Investment Management's legacy in alternatives helped to launch John Hancock Alternative Asset Allocation Fund in 2009 as a one-stop alternative allocation solution.

Key Points: 
  • John Hancock Investment Management's legacy in alternatives helped to launch John Hancock Alternative Asset Allocation Fund in 2009 as a one-stop alternative allocation solution.
  • *
    To continue to meet the diversification needs of investors, John Hancock Investment Management expanded its registered alternative offerings to include semi-liquid tender offer funds that provide mass affluent eligible investors access to private securities with the launch of the John Hancock Asset-Based Lending Fund in July 2022.
  • "John Hancock Investment Management has seen growing interest in the Asset-Based Lending Fund as investors look for differentiated investments that bring diversification to traditional assets in their portfolios," said York Lo, head of alternative product, John Hancock Investment Management.
  • Click here for more information about John Hancock Investment Management's alternative funds.

Intersect Power's 415 MWp Radian Solar Project in Texas Reaches Commercial Operation

Retrieved on: 
Tuesday, June 6, 2023
Renewable energy, Investment banking, CoBank, PV, KeyBank, HPS, Bank of America, Investment, Lead arranger, Economic development, ACB, Solar energy, Bank, Radian, Apple

OAKLAND, Calif., June 6, 2023 /PRNewswire/ -- Intersect Power, LLC, ("Intersect Power"), announced the commercial operation of its Radian solar project, located in Brown County, TX, on May 16, 2023.

Key Points: 
  • OAKLAND, Calif., June 6, 2023 /PRNewswire/ -- Intersect Power, LLC, ("Intersect Power"), announced the commercial operation of its Radian solar project, located in Brown County, TX, on May 16, 2023.
  • The Radian solar project:
    Created more than 500 construction jobs over the three-year construction cycle; and,
    Generates 415 MWp/320 MWac of solar energy, enough to power more than 114,000 homes.
  • Investing in clean energy is a smart business decision and Texas continues to lead the way in strong investments, development and production," said Sheldon Kimber, Intersect Power's CEO.
  • "Texas clean energy production has spurred significant economic development and job creation in the state while bringing energy security and independence to the U.S."
    The Radian solar project is part of Intersect Power's near-term portfolio totaling 2.2 GW of solar PV and 1.4 GWh of co-located storage.