M&T Bank

Rand Capital Secures $25 Million Senior Secured Credit Facility to Support Future Investments

Retrieved on: 
Monday, June 27, 2022

Rand Capital Corporation (Nasdaq: RAND) (Rand or the Company), a business development company providing alternative financing for lower middle market companies, announced the closing of a $25 million senior secured revolving credit facility.

Key Points: 
  • Rand Capital Corporation (Nasdaq: RAND) (Rand or the Company), a business development company providing alternative financing for lower middle market companies, announced the closing of a $25 million senior secured revolving credit facility.
  • This new senior secured credit facility was provided by M&T Bank.
  • The new senior secured credit facility provides for a 5 year term through 2027, at an interest rate calculated using SOFR plus 3.5%.
  • Rand Capital (Nasdaq: RAND) is an externally-managed business development company (BDC).

Think Innovate 2022 Final Agenda Announced, and the Lineup is Nothing Short of Impressive

Retrieved on: 
Thursday, June 23, 2022

Think Systems, Inc ., a privately-owned national management consulting firm that provides both private and public entities with organizational solutions and strategic hiring, has finalized the agenda for Think Innovate 2022 .

Key Points: 
  • Think Systems, Inc ., a privately-owned national management consulting firm that provides both private and public entities with organizational solutions and strategic hiring, has finalized the agenda for Think Innovate 2022 .
  • More than 34 exhibitors, 40+ speakers, and 100+ C-level executives, business owners, and government professionals have already registered in advance for the October 19-21 conference in Baltimore, MD.
  • Innovate 2022 brings together the best minds in the Mid-Atlantic, connecting hundreds of executives for the purpose of networking, sharing ideas, and future-proof strategies, said Tony Gruebl, founder and CEO of Think.
  • Founded in 2004, Think is a national technology and operations management consulting practice providing services to private and public sectors.

AIQ Reimagines Customer Experience With New CX Hub Product Line, Announces Rebrand as Part of Business Evolution

Retrieved on: 
Thursday, June 23, 2022

NEW YORK, June 23, 2022 /PRNewswire/ -- ActionIQ, the leader in customer experience (CX) solutions, today announced the launch of its new CX Hub, a collection of powerful and fully configurable modular solutions that gives all enterprise teams direct but controlled self-service access to customer data to create audiences and orchestrate customer experiences at scale. The launch of AIQ CX Hub coincides with refreshed company branding to kick off the next stage of its evolution as the leading CX solution trusted by enterprise brands across a range of industries to drive successful CX transformations.

Key Points: 
  • The launch of AIQ CX Hub coincides with refreshed company branding to kick off the next stage of its evolution as the leading CX solution trusted by enterprise brands across a range of industries to drive successful CX transformations.
  • "Our CX Hub adapts to the needs of our customers," said Justin DeBrabant, Senior Vice President of Product at ActionIQ.
  • The AIQ CX Hub breaks down organizational silos, eliminates inefficient processes and empowers every team member to exceed customer expectations.
  • Enterprise brands such as Autodesk, M&T Bank, The New York Times, Neiman Marcus, Hertz and many more use our CX Hub to drive growth through extraordinary customer experiences.

Invitation Homes Announces New $725 Million Sustainability-Linked Seven-Year Term Loan

Retrieved on: 
Wednesday, June 22, 2022

Invitation Homes Inc. (NYSE: INVH) (Invitation Homes or the Company) announced today that it has entered into a new $725 million seven-year unsecured term loan maturing in June 2029.

Key Points: 
  • Invitation Homes Inc. (NYSE: INVH) (Invitation Homes or the Company) announced today that it has entered into a new $725 million seven-year unsecured term loan maturing in June 2029.
  • Pricing of the term loan can further improve if the Company meets certain ESG performance targets as determined via an independent third-party evaluation, similar to its existing five-year unsecured credit facility.
  • We believe the new term loan further strengthens our capital structure and offers us additional flexibility to effectively extend our debt maturities and fund other corporate needs on favorable terms.
  • The loan was funded through a group of banks led by Capital One, National Association, as Administrative Agent.

M&T Bank Corporation Announces Second Quarter 2022 Earnings Release and Conference Call

Retrieved on: 
Tuesday, June 21, 2022

BUFFALO, N.Y., June 21, 2022 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) plans to announce its second quarter 2022 earnings results in a press release that will be issued before the market opens on Wednesday, July 20, 2022.

Key Points: 
  • BUFFALO, N.Y., June 21, 2022 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) plans to announce its second quarter 2022 earnings results in a press release that will be issued before the market opens on Wednesday, July 20, 2022.
  • Following the release, M&T will conduct a conference call and webcast at 10:00 a.m. (ET) to discuss the earnings results.
  • Callers should reference M&T Bank Corporation or the conference ID # MTBQ222.
  • The webcast archive of the conference call will be available by 3:00 p.m., July 20, 2022 on M&T's website at https://ir.mtb.com/events-presentations .

M&T Bank Corporation President and Chief Operating Officer Rich Gold Announces Retirement

Retrieved on: 
Thursday, June 16, 2022

BUFFALO, N.Y., June 16, 2022 /PRNewswire/ -- Richard ("Rich") Gold , president and chief operating officer for M&T Bank Corporation (NYSE: MTB), has announced his intention to retire, effective after the first quarterof 2023.

Key Points: 
  • BUFFALO, N.Y., June 16, 2022 /PRNewswire/ -- Richard ("Rich") Gold , president and chief operating officer for M&T Bank Corporation (NYSE: MTB), has announced his intention to retire, effective after the first quarterof 2023.
  • Gold plans to remain on the Board of Directors of M&T Bank .
  • After joining the bank in 1989, Gold held management positions in retail banking, business banking, mortgage, consumer lending and marketing.
  • In 2014, he was named vice chairman and took on the role of chief risk officer.

M&T Increases Prime Rate

Retrieved on: 
Wednesday, June 15, 2022

BUFFALO, N.Y., June 15, 2022 /PRNewswire/ -- Effective Thursday, June 16, 2022, M&T (NYSE:MTB) will increase its prime lending rate from 4.00% to 4.75%

Key Points: 
  • BUFFALO, N.Y., June 15, 2022 /PRNewswire/ -- Effective Thursday, June 16, 2022, M&T (NYSE:MTB) will increase its prime lending rate from 4.00% to 4.75%
    M&T Bank Corporation is a financial holding company headquartered inBuffalo, New York.
  • M&T's principal banking subsidiary, M&T Bank, provides banking products and services in 12 states across the eastern U.S. fromMainetoVirginiaandWashington, D.C.Trust-related services are provided in select markets in the U.S. and abroad by M&T's Wilmington Trust-affiliated companies and by M&T Bank.
  • For more information on M&T Bank, visit www.mtb.com .

Northern Trust Selected by Wilmington Trust to Support Market-Leading Collective Investment Trust (CIT) Platform

Retrieved on: 
Tuesday, June 14, 2022

“CITs continue to be an increasingly popular investment vehicle to support the long-term investment goals of plan participants for the U.S. retirement plan space. Wilmington Trust needed a service provider with a deep understanding of this vehicle, the commitment and expertise to service plan participants’ unique needs, and the operational strength and technology to support the complexity of a diverse group of investment strategies,” said Rob Barnett, Executive Vice President and head of intermediary sales at Wilmington Trust. “Northern Trust’s expertise in both the CIT and pension space -- combined with their exceptional client service leveraging flexible and customizable technology -- makes for a quality experience that strives to bring CITs into the modern space.”

Key Points: 
  • Northern Trust (Nasdaq: NTRS) has been selected by Wilmington Trust, N.A.
  • The agreement offers Wilmington Trust a competitive edge by implementing the customized solutions, deep expertise, and innovative technologies provided by the Northern Trust team.
  • CITs continue to be an increasingly popular investment vehicle to support the long-term investment goals of plan participants for the U.S. retirement plan space.
  • (WTNA), Wilmington Trust Investment Advisors, Inc. (WTIA), Wilmington Funds Management Corporation (WFMC), and Wilmington Trust Investment Management, LLC (WTIM).

Signature Bank Appoints Five Private Client Banking Teams and Names Group Director to Existing Team Throughout the Metropolitan New York Marketplace

Retrieved on: 
Monday, June 13, 2022

Signature Bank (Nasdaq: SBNY), a New York-based, full-service commercial bank, announced today the appointment of five private client banking teams throughout the metropolitan New York area as well as a group director assigned to an existing team.

Key Points: 
  • Signature Bank (Nasdaq: SBNY), a New York-based, full-service commercial bank, announced today the appointment of five private client banking teams throughout the metropolitan New York area as well as a group director assigned to an existing team.
  • Joining Madigans team, based in Melville, Long Island, N.Y., are several professionals who were named Group Director and Senior Vice President.
  • Keith Novitz, also named Group Director and Senior Vice President at the Bank, most recently served as Senior Vice President of the commercial bank at his prior institution.
  • Tamra Postiglione, named Group Director and Senior Vice President, and Candice Singer, Associate Group Director and Vice President, both join Signature Banks private client banking office in Garden City, Long Island, N.Y.

Fieldpoint Private Strengthens Banking Team Adding Four Managing Directors

Retrieved on: 
Thursday, June 2, 2022

Fieldpoint Private, the fast-growing private banking firm serving entrepreneurs, families, businesses and institutions, announced four additions to its client-facing team in the Atlanta, Orlando-Winter Park and New York City offices.

Key Points: 
  • Fieldpoint Private, the fast-growing private banking firm serving entrepreneurs, families, businesses and institutions, announced four additions to its client-facing team in the Atlanta, Orlando-Winter Park and New York City offices.
  • The firm welcomed Tas Denman and Viviana Frias-Diaz as Managing Directors and Senior Private Bankers, Derek Grayson as Managing Director and Senior Commercial Banker and Robert Pirson as Managing Director and Commercial Banker.
  • Throughout his banking career, Grayson has served mid-sized companies across the Southeastern U.S.
    Frias-Diaz joins Fieldpoints private banking team with more than 20 years industry experience.
  • Headquartered in Greenwich, Connecticut, Fieldpoint Private ( www.fieldpointprivate.com ) has more than $1.4 billion in bank assets and provides personalized, custom private banking and wealth transfer services.