Collateral

BNY Mellon Announces Leadership Succession Plan Naming Robin Vince CEO-Elect

Retrieved on: 
Thursday, March 10, 2022

The Board of Directors has appointed Robin Vince to be his successor at that time.

Key Points: 
  • The Board of Directors has appointed Robin Vince to be his successor at that time.
  • Moreover, Mr. Gibbons developed a strong and diverse leadership team while working together with the Board of Directors to develop and execute a leadership succession plan that resulted in the decision to name Mr. Vince as his successor.
  • Mr. Vince currently serves as Vice Chair of BNY Mellon and CEO of Global Market Infrastructure, which includes BNY Mellon's Pershing, Treasury Services, and Clearance and Collateral Management lines of business as well as Markets & Execution Services.
  • BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK).

BNY Mellon Announces Leadership Succession Plan Naming Robin Vince CEO-Elect

Retrieved on: 
Thursday, March 10, 2022

NEW YORK, March 10, 2022 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY Mellon") (NYSE: BK) announced today that Thomas P. (Todd) Gibbons has decided to retire as Chief Executive Officer and member of the Board of Directors on August 31, 2022, after a distinguished 36-year career with the company. The Board of Directors has appointed Robin Vince to be his successor at that time. Mr. Vince will initially serve as President and CEO-elect, effective immediately, working closely with Mr. Gibbons to ensure a seamless and orderly transition of responsibilities.

Key Points: 
  • The Board of Directors has appointed Robin Vince to be his successor at that time.
  • Moreover, Mr. Gibbons developed a strong and diverse leadership team while working together with the Board of Directors to develop and execute a leadership succession plan that resulted in the decision to name Mr. Vince as his successor.
  • Mr. Vince currently serves as Vice Chair of BNY Mellon and CEO of Global Market Infrastructure, which includes BNY Mellon's Pershing, Treasury Services, and Clearance and Collateral Management lines of business as well as Markets & Execution Services.
  • BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK).

Collateral Risk Network Names Jeremy Staudenmaier 2022 Valuation Visionary

Retrieved on: 
Wednesday, March 2, 2022

ACI, a leading provider of workflow solutions for the valuation industry for nearly 40 years and a member of the First American (NYSE: FAF) family of companies, today announced that Jeremy Staudenmaier, director of product management, has been chosen as the Collateral Risk Network (CRN) 2022 Valuation Visionary.

Key Points: 
  • ACI, a leading provider of workflow solutions for the valuation industry for nearly 40 years and a member of the First American (NYSE: FAF) family of companies, today announced that Jeremy Staudenmaier, director of product management, has been chosen as the Collateral Risk Network (CRN) 2022 Valuation Visionary.
  • CRN will present Staudenmaier with the award at Valuation Expo 2022 in Las Vegas in September 2022.
  • The Valuation Visionary award recognizes the collateral valuation professional who has demonstrated outstanding leadership, innovation and professionalism.
  • Winners are nominated by their peers within the Collateral Risk Network, an industry group comprised of lenders, investors and valuation providers.

CME Group Announces Senior Leadership Changes

Retrieved on: 
Thursday, February 17, 2022

CHICAGO, Feb. 17, 2022 /PRNewswire/ --CME Group, the world's leading derivatives marketplace, today announced changes to its management team structure to position the company for long-term success.

Key Points: 
  • CHICAGO, Feb. 17, 2022 /PRNewswire/ --CME Group, the world's leading derivatives marketplace, today announced changes to its management team structure to position the company for long-term success.
  • "CME Group has a proven history of evolving our business to meet changing market demands and opportunities," said Chairman and Chief Executive Officer Terry Duffy.
  • We are fortunate to have built a strong leadership team, each person with a track record of working successfully across our company.
  • Suzanne Sprague has been promoted to the management team as Senior Managing Director, Global Head of Clearing & Post-Trade Services, reporting to Holzrichter.

STXfilms: Adam Driver, Penélope Cruz and Shailene Woodley Join Michael Mann’s “Ferrari”

Retrieved on: 
Wednesday, February 9, 2022

Academy Award-nominee Michael Mann (Collateral, Public Enemies, Heat) has cast Academy Award nominee Adam Driver (Marriage Story, Star Wars) and Academy Award winner Penlope Cruz (Parallel Mothers, Vicky Cristina Barcelona) as Enzo and Laura Ferrari and Shailene Woodley (Big Little Lies, The Descendants) as Lina Lardi in his highly anticipated film Ferrari.

Key Points: 
  • Academy Award-nominee Michael Mann (Collateral, Public Enemies, Heat) has cast Academy Award nominee Adam Driver (Marriage Story, Star Wars) and Academy Award winner Penlope Cruz (Parallel Mothers, Vicky Cristina Barcelona) as Enzo and Laura Ferrari and Shailene Woodley (Big Little Lies, The Descendants) as Lina Lardi in his highly anticipated film Ferrari.
  • All the dramatic forces of his life - as volatile as the red race cars he builds - are in collision.
  • Michael Mann has said, Being able to have these wonderfully talented artists, actors Adam Driver, Penlope Cruz and Shailene Woodley, bring to life these unique characters on location in Modena and the Emilia-Romagna is a vision fulfilled.
  • Adam Fogelson has added Ferrari is so much more than a story about a man and his machine.

"YES! to Census 2020" Campaign for City of Houston and Harris County Continues to Earn Accolades

Retrieved on: 
Friday, January 14, 2022

"Our collaborative Census 2020 campaign continues to earn awards across all industry aspects – research, strategy, tactics -- which validates all facets by our industry's peers," said Lopez Negrete Communications Co-Founder, CEO and President, Alex López Negrete. "Voting and the Census are two fundamental ways by which a community's voice can be heard. Our goal to deliver the Census message to hard-to-reach communities was an honor and one which we took extremely seriously. It is especially rewarding to be called out by the AAF District 10 for the diverse and inclusive efforts which guided this entire initiative as best-in-class, despite the challenges put before us by a pandemic, among other headwinds."

Key Points: 
  • "Our collaborative Census 2020 campaign continues to earn awards across all industry aspects research, strategy, tactics -- which validates all facets by our industry's peers," said Lopez Negrete Communications Co-Founder, CEO and President, Alex Lpez Negrete.
  • "Voting and the Census are two fundamental ways by which a community's voice can be heard.
  • Our goal to deliver the Census message to hard-to-reach communities was an honor and one which we took extremely seriously.
  • This campaign did not have or use paid media funds, and was entirely a grassroots, community-centric communications and outreach effort.

Reltime 'RTC' list its unique PoA Blockchain and Decentralized Financial Ecosystem

Retrieved on: 
Tuesday, January 4, 2022

OSLO, Norway, Jan. 4, 2022 /PRNewswire/ --Reltime PoA and Ecosystem, which will launch a decentralized banking ecosystem in 2Q22.

Key Points: 
  • OSLO, Norway, Jan. 4, 2022 /PRNewswire/ --Reltime PoA and Ecosystem, which will launch a decentralized banking ecosystem in 2Q22.
  • Reltime announced that it would be the first blockchain company to bring all banking services control by theend-users.
  • Reltime - The world's first global Ecosystem built on top of Reltime PoA (protocol), is not only a blockchain or protocol but a complete suite.
  • Reltime sees massive potential in the listings, to attract investors and most importantly: find global partners that can bring the Ecosystem of Reltime to the mass market.

The Hatcher Group Wins 58 Marketing and Communications Awards in 2021

Retrieved on: 
Friday, December 10, 2021

BETHESDA, Md., Dec. 10, 2021 /PRNewswire/ -- The Hatcher Group , a full-service strategic communications and marketing firm, announced today it has won an unprecedented 58 awards for excellence in communications, design, events, marketing, social media, web, and video.

Key Points: 
  • BETHESDA, Md., Dec. 10, 2021 /PRNewswire/ -- The Hatcher Group , a full-service strategic communications and marketing firm, announced today it has won an unprecedented 58 awards for excellence in communications, design, events, marketing, social media, web, and video.
  • "It is a true honor to be recognized as among the best in our industry by such a diverse group of awards programs," said Amy Buckley, partner at Hatcher.
  • Hatcher received awards from Adobe Government Creativity, dotCOMM, Graphic Design USA, MarComm, and National Association of Government Communicators (NAGC).
  • "For 20 years, Hatcher has used powerful marketing and communications to educate and motivate people to build movements and create a better world," said Amy Fahnestock, partner at Hatcher.

Exela Technologies Announces Offer for its Senior Secured Term Loans and Secured Notes

Retrieved on: 
Thursday, October 28, 2021

The outstanding 10.00% First-Priority Secured Notes due 2023 (the "Old Notes") were issued by Exela Intermediate LLC (the Issuer) and Exela Finance Inc. (together with the Issuer, the Issuers).

Key Points: 
  • The outstanding 10.00% First-Priority Secured Notes due 2023 (the "Old Notes") were issued by Exela Intermediate LLC (the Issuer) and Exela Finance Inc. (together with the Issuer, the Issuers).
  • The new notes (the New Notes) will be 11.50% First-Priority Secured Notes due 2026 issued by the same Issuers.
  • The New Notes will be fully and unconditionally guaranteed by each of the Issuers wholly owned domestic restricted subsidiaries that guarantees the Old Notes and Old Term Loans.
  • Holders may not tender their Old Notes and/or Old Term Loans without providing consents to the applicable Proposed Amendments.

State Street Announces First Transaction Under Peer-to-Peer Repo Program

Retrieved on: 
Wednesday, October 20, 2021

State Street Corporation (NYSE:STT) today announced the first transaction within its Peer-to-Peer Repo program following its launch earlier this year.

Key Points: 
  • State Street Corporation (NYSE:STT) today announced the first transaction within its Peer-to-Peer Repo program following its launch earlier this year.
  • The Peer to Peer repo program seeks to facilitate overnight and term repo trading between buy-side counterparties, including traditional and non-traditional asset managers, asset owners, insurers, corporates, REITS, and sovereign wealth funds.
  • State Street supports peer repo buyers by providing a guaranty against each peer repo sellers default for all transactions that meet program requirements.
  • The Peer-to-Peer Repo Program seeks to drive scale and flexibility in peer repo markets and beyond, by broadening buy-side access to liquidity and secured investment opportunities.