Union Bank

Nonprofit Linc Housing Celebrates Grand Opening of 81 New Affordable and Supportive Homes with LA County Supervisor Hilda Solis and CVS Health

Retrieved on: 
Wednesday, April 26, 2023

LA PUENTE, Calif., April 26, 2023 /PRNewswire-PRWeb/ -- Nonprofit Linc Housing joined Los Angeles County Supervisor Hilda Solis, other partners, and new residents to celebrate the grand opening of Equa, a new 81-unit affordable and supportive housing community in unincorporated Los Angeles County. Thirty-four of the new homes are for people who have experienced homelessness, while the remainder are for low-income households earning 30-70% of the area median income.

Key Points: 
  • Equa, a new public/private partnership, brings 81 affordable and supportive homes to the La Puente area, including 34 permanent supportive homes for people who have experienced homelessness.
  • LA PUENTE, Calif., April 26, 2023 /PRNewswire-PRWeb/ -- Nonprofit Linc Housing joined Los Angeles County Supervisor Hilda Solis, other partners, and new residents to celebrate the grand opening of Equa, a new 81-unit affordable and supportive housing community in unincorporated Los Angeles County.
  • "This new affordable and supportive housing development by Linc Housing directly responds to LA County's homelessness emergency," said Los Angeles County Supervisor Hilda L. Solis, First District.
  • "With 81 units, this new apartment community is providing a safe place to call home for low-income and unhoused residents.

Final Deadline Approaching on May 8, 2023 for CS Investors: Kessler Topaz Meltzer & Check, LLP Reminds Credit Suisse Group AG (CS) Investors of Class Action Lawsuit Deadline

Retrieved on: 
Tuesday, April 25, 2023

As a result of Credit Suisse’s materially misleading statements and omissions to the public, Credit Suisse’s investors have suffered significant losses.

Key Points: 
  • As a result of Credit Suisse’s materially misleading statements and omissions to the public, Credit Suisse’s investors have suffered significant losses.
  • Following this news, the price of Credit Suisse ADSs fell 13.94% to close at $2.16 per ADS on March 15, 2023.
  • Kessler Topaz Meltzer & Check, LLP encourages Credit Suisse investors who have suffered significant losses to contact the firm directly to acquire more information.
  • The first class action complaint against Credit Suisse, Calhoun v. Credit Suisse Group AG, et al.

ESAs call for vigilance in the face of mounting financial risks

Retrieved on: 
Wednesday, April 26, 2023

ESAs call for vigilance in the face of mounting financial risks

Key Points: 
  • ESAs call for vigilance in the face of mounting financial risks
    The three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) today issued their Spring 2023 Joint Committee Report on risks and vulnerabilities in the EU financial system.
  • While noting that EU financial markets remained broadly stable despite the challenging macro environment and recent market pressure in the banking sector, the three Authorities are calling on national supervisors, financial institutions and market participants to remain vigilant in the face of mounting risks.
  • The second half of 2022 witnessed a worsening of the macro environment due to high inflation and tighter financial conditions, and the economic outlook remains uncertain.
  • Sharp movements in prices triggered sizeable margin calls and put some market participants under liquidity strains, notably non-financial corporations and non-bank financial institutions.

ESAs call for vigilance in the face of mounting financial risks

Retrieved on: 
Tuesday, April 25, 2023

25 April 2023

Key Points: 
  • 25 April 2023
    The three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) today issued their Spring 2023 Joint Committee Report on risks and vulnerabilities in the EU financial system.
  • While noting that EU financial markets remained broadly stable despite the challenging macro environment and recent market pressure in the banking sector, the three Authorities are calling on national supervisors, financial institutions and market participants to remain vigilant in the face of mounting risks.
  • The second half of 2022 witnessed a worsening of the macro environment due to high inflation and tighter financial conditions, and the economic outlook remains uncertain.
  • Sharp movements in prices triggered sizeable margin calls and put some market participants under liquidity strains, notably non-financial corporations and non-bank financial institutions.

Kessler Topaz Meltzer & Check, LLP Announces a Securities Fraud Class Action Lawsuit Filed Against Credit Suisse Group AG (CS) and Encourages Investors with Significant Losses to Contact the Firm

Retrieved on: 
Monday, April 24, 2023

The law firm of Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com ) informs investors that securities class action complaints have been against Credit Suisse Group AG (“Credit Suisse”) (NYSE: CS).

Key Points: 
  • The law firm of Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com ) informs investors that securities class action complaints have been against Credit Suisse Group AG (“Credit Suisse”) (NYSE: CS).
  • As a result of Credit Suisse’s materially misleading statements and omissions to the public, Credit Suisse’s investors have suffered significant losses.
  • Kessler Topaz Meltzer & Check, LLP encourages Credit Suisse investors who have suffered significant losses to contact the firm directly to acquire more information.
  • The first class action complaint against Credit Suisse, Calhoun v. Credit Suisse Group AG, et al.

J.D. Power Ranks U.S. Bank Highest in Customer Satisfaction for Retail Banking in California

Retrieved on: 
Thursday, April 20, 2023

An effective mix of digital offerings and a caring team of highly skilled banking professionals has become the formula for customer satisfaction at U.S. Bank in California.

Key Points: 
  • An effective mix of digital offerings and a caring team of highly skilled banking professionals has become the formula for customer satisfaction at U.S. Bank in California.
  • For three consecutive years U.S. Bank has received the highest score in California in the J.D.
  • Power 2023 U.S. Retail Banking Satisfaction Study of customers’ contentment with their primary bank.
  • The study is based on responses from retail banking customers of the largest banks in the United States regarding their experiences.

FS-ISAC Leads Financial Sector in Live-Fire Cyber Exercise Locked Shields

Retrieved on: 
Tuesday, April 18, 2023

Locked Shields involves a complex and cascading set of cyber attacks on a fictional country, with impacts ranging from military and government to critical infrastructure such as energy, telecommunications, shipping, and financial services.

Key Points: 
  • Locked Shields involves a complex and cascading set of cyber attacks on a fictional country, with impacts ranging from military and government to critical infrastructure such as energy, telecommunications, shipping, and financial services.
  • FS-ISAC designed the 2023 financial sector scenario in the strategic exercise, which simulates real life payments system outages by a central bank and the cascading impacts on the financial system.
  • Cyber threats to critical infrastructure systems, including financial systems, have become a reality of modern warfare, and Locked Shields has worked since 2010 to facilitate systematic, multi-sector, public-private cyber defense cooperation and coordination in anticipation of these threats from nation-states.
  • “Exercises like Locked Shields strengthen the resilience of the global financial sector and encourage collaboration and coordination across all critical infrastructure and public sectors,” said Steven Silberstein, CEO, FS-ISAC.

CS DEADLINE ALERT: Kessler Topaz Meltzer & Check, LLP Announces Deadline in Credit Suisse Group AG Securities Fraud Class Action Lawsuit

Retrieved on: 
Monday, April 17, 2023

RADNOR, Pa., April 17, 2023 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com ) informs investors that securities class action complaints have been filed in the United States District Court for the District of New Jersey against Credit Suisse Group AG (“Credit Suisse”) (NYSE: CS).

Key Points: 
  • RADNOR, Pa., April 17, 2023 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com ) informs investors that securities class action complaints have been filed in the United States District Court for the District of New Jersey against Credit Suisse Group AG (“Credit Suisse”) (NYSE: CS).
  • As a result of Credit Suisse’s materially misleading statements and omissions to the public, Credit Suisse’s investors have suffered significant losses.
  • Kessler Topaz Meltzer & Check, LLP encourages Credit Suisse investors who have suffered significant losses to contact the firm directly to acquire more information.
  • The first class action complaint against Credit Suisse, Calhoun v. Credit Suisse Group AG, et al.

Credit Suisse Investor Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Investors of Securities Fraud Class Action Lawsuit Filed against Credit Suisse Group AG

Retrieved on: 
Monday, April 10, 2023

RADNOR, Pa., April 09, 2023 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com ) informs investors that securities class action complaints have been filed in the United States District Court for the District of New Jersey against Credit Suisse Group AG (“Credit Suisse”) (NYSE: CS).

Key Points: 
  • RADNOR, Pa., April 09, 2023 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com ) informs investors that securities class action complaints have been filed in the United States District Court for the District of New Jersey against Credit Suisse Group AG (“Credit Suisse”) (NYSE: CS).
  • As a result of Credit Suisse’s materially misleading statements and omissions to the public, Credit Suisse’s investors have suffered significant losses.
  • Kessler Topaz Meltzer & Check, LLP encourages Credit Suisse investors who have suffered significant losses to contact the firm directly to acquire more information.
  • The first class action complaint against Credit Suisse, Calhoun v. Credit Suisse Group AG, et al.

Credit Suisse Group AG Investors Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Credit Suisse Group AG Shareholders of Deadline in Securities Fraud Class Action Lawsuit

Retrieved on: 
Saturday, April 1, 2023

The complaints charge Credit Suisse with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, operations, and prospects.

Key Points: 
  • The complaints charge Credit Suisse with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, operations, and prospects.
  • As a result of Credit Suisse’s materially misleading statements and omissions to the public, Credit Suisse’s investors have suffered significant losses.
  • Kessler Topaz Meltzer & Check, LLP encourages Credit Suisse investors who have suffered significant losses to contact the firm directly to acquire more information.
  • The first class action complaint against Credit Suisse, Calhoun v. Credit Suisse Group AG, et al.