Financial system

Alerus Financial Corporation Declares Cash Dividend on Common Shares

Retrieved on:

Wednesday, February 28, 2024

Banking, Professional Services, Finance, Financial system, Bank statement

Alerus Financial Corporation (NASDAQ: ALRS) announced that its board of directors declared a regular quarterly cash dividend of $0.19 per common share on February 27, 2024, a 5.56% increase over the dividend paid a year ago.

Key Points:

Alerus Financial Corporation (NASDAQ: ALRS) announced that its board of directors declared a regular quarterly cash dividend of $0.19 per common share on February 27, 2024, a 5.56% increase over the dividend paid a year ago.
The dividend is payable on April 12, 2024, to stockholders of record as of close of business on March 15, 2024.
Current and historic dividend information, as well as quarterly financial statements, investor presentations, and earnings call transcripts are available online through Alerus’ investor relations website at investors.alerus.com .

Alerus Financial Corporation Names Forrest Wilson Chief Retirement Services Officer

Retrieved on:

Thursday, February 22, 2024

Alerus Financial Corporation (Nasdaq: ALRS) announced today that Forrest Wilson will join Alerus as Executive Vice President and Chief Retirement Services Officer, effective February 26, 2024.

Key Points:

Alerus Financial Corporation (Nasdaq: ALRS) announced today that Forrest Wilson will join Alerus as Executive Vice President and Chief Retirement Services Officer, effective February 26, 2024.
A well-rounded retirement industry veteran, Mr. Wilson brings over 25 years of experience on both the platform/recordkeeping and investment sides of the retirement business.
As Chief Retirement Services Officer, Mr. Wilson will be responsible for the overall leadership and direction of Alerus’ retirement and benefits division, which serves thousands of third-party advisors, over 8,000 employer-sponsored retirement plans, and approximately 474,000 plan participants nationwide.
“Forrest is widely experienced and well known in the retirement services industry,” said President and Chief Executive Officer Katie Lorenson.

US Financial 15 Split Corp. Preferred Dividend Declared

Retrieved on:

Friday, February 16, 2024

Goldman Sachs, Bank, J. P. Morgan, Regions Financial Corporation, SunTrust Banks, State Street Corporation, BNY Mellon, Wells Fargo, Morgan Stanley, Financial system, JPMorgan Chase, Fifth Third Bank, PNC, Citigroup, Bank of America, American Express

TORONTO, Feb. 16, 2024 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.05192 for each Preferred share, or 10.00% annually based on the previous month end net asset value.

Key Points:

TORONTO, Feb. 16, 2024 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.05192 for each Preferred share, or 10.00% annually based on the previous month end net asset value.
Distributions are payable March 8, 2024 to shareholders on record as at February 29, 2024.
US Financial 15 invests in a portfolio consisting of 15 U.S. financial services companies as follows: American Express, Bank of America, Bank of New York Mellon Corp., Citigroup, CME Group Inc., Fifth Third Bancorp, The Goldman Sachs Group, J.P. Morgan Chase & Co., Morgan Stanley, PNC Financial Services Group Inc., Regions Financial Corp., State Street Corp., SunTrust Banks, U.S. Bancorp, and Wells Fargo.

156 Ameriprise Financial Advisors Named to the Forbes Top Women Wealth Advisors Best-In-State List

Retrieved on:

Wednesday, February 14, 2024

Professional Services, Women, Insurance, Finance, Asset Management, Banking, Personal Finance, Woman, Professional, Workforce, Education, Financial system, AMP, Financial adviser

Ameriprise Financial Inc. (NYSE: AMP) announced that 156 of the firm’s financial advisors were named to the Forbes “Top Women Wealth Advisors Best-In-State” list.

Key Points:

Ameriprise Financial Inc. (NYSE: AMP) announced that 156 of the firm’s financial advisors were named to the Forbes “Top Women Wealth Advisors Best-In-State” list.
Forbes recognizes the industry’s top women advisors according to several factors, which include levels of ethical standards, professionalism, success in the business and client retention.
The rankings are finalized based on data provided by thousands of the nation’s most accomplished women advisors.
“Congratulations to the Ameriprise women advisors highlighted by Forbes,” said Pat O’Connell, Executive Vice President and President of the Ameriprise Advisor & Ameriprise Financial Institutions Groups.

Phibro Animal Health Corporation Announces Chief Financial Officer Changes

Retrieved on:

Tuesday, February 6, 2024

Health, Consumer, Agriculture, Natural Resources, Pets, Pharmaceutical, Veterinary, Pfizer, Business administration, Financial system, Binghamton University, Knowledge, Senior, Master, IPO, Insurance, Initial public offering, PAHC, Management

Phibro Animal Health Corporation (Nasdaq: PAHC) (the “Company” or “Phibro”) today announced that Glenn C. David has joined Phibro and will assume the role of Chief Financial Officer effective February 9, 2024.

Key Points:

Phibro Animal Health Corporation (Nasdaq: PAHC) (the “Company” or “Phibro”) today announced that Glenn C. David has joined Phibro and will assume the role of Chief Financial Officer effective February 9, 2024.
Mr. Richard Johnson, who is currently serving as Phibro’s interim Chief Financial Officer since September 29, 2023, will continue with Phibro for a period of time in an advisory capacity to ensure a smooth transition with his successor.
Glenn brings a wealth of knowledge and experience not only in financial matters but in the animal health industry which will be beneficial for Phibro as we continue to grow our business and bring value to our shareholders.
He brings the skills and experience needed to play a key role in Phibro’s future success,” said Jack Bendheim, Phibro’s Chairman, President, and Chief Executive Officer.

US Financial 15 Split Corp. Preferred Dividend Declared

Retrieved on:

Thursday, January 18, 2024

Fifth Third Bank, Goldman Sachs, American Express, BNY Mellon, Financial system, Bank, JPMorgan Chase, State Street Corporation, Morgan Stanley, PNC, Regions Financial Corporation, SunTrust Banks, Bank of America, Citigroup, J. P. Morgan, Wells Fargo

TORONTO, Jan. 18, 2024 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.05150 for each Preferred share, or 10.00% annually based on the previous month end net asset value.

Key Points:

TORONTO, Jan. 18, 2024 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.05150 for each Preferred share, or 10.00% annually based on the previous month end net asset value.
Distributions are payable February 9, 2024 to shareholders on record as at January 31, 2024.
US Financial 15 invests in a portfolio consisting of 15 U.S. financial services companies as follows: American Express, Bank of America, Bank of New York Mellon Corp., Citigroup, CME Group Inc., Fifth Third Bancorp, The Goldman Sachs Group, J.P. Morgan Chase & Co., Morgan Stanley, PNC Financial Services Group Inc., Regions Financial Corp., State Street Corp., SunTrust Banks, U.S. Bancorp, and Wells Fargo.

321 Ameriprise Financial Advisor Teams Named to the Forbes Best-in-State Wealth Management Teams List

Retrieved on:

Friday, January 19, 2024

Professional Services, Finance, AMP, Professional, Heart, Financial system, Growth, Financial adviser

Ameriprise Financial Inc., (NYSE: AMP) announced that 321 of the firm’s financial advisor teams were named to the Forbes list of Best-in-State Wealth Management Teams.

Key Points:

Ameriprise Financial Inc., (NYSE: AMP) announced that 321 of the firm’s financial advisor teams were named to the Forbes list of Best-in-State Wealth Management Teams.
Forbes recognizes the industry’s top teams according to several factors, which include quality of their practices, professionalism and success in the business.
The rankings are finalized based on data provided by thousands of the nation’s most accomplished advisor teams.
“Congratulations to the advisors and their teams who have earned their place on this notable Forbes list,” said Bill Williams, Executive Vice President and President of the Ameriprise Independent Advisors channel.

Julie Andrews Begins as New Chief Financial Officer at Orthofix

Retrieved on:

Tuesday, January 16, 2024

Medical Devices, Health, Hospitals, Surgery, General Health, Biotechnology, Interim management, CFO, Senior, Multimedia, Medtronic, Extremities, Interim, Financial system, Spine, Management

(NASDAQ:OFIX), a leading global spine and orthopedics company, today announced that Julie Andrews has officially stepped into the role of Chief Financial Officer (CFO).

Key Points:

(NASDAQ:OFIX), a leading global spine and orthopedics company, today announced that Julie Andrews has officially stepped into the role of Chief Financial Officer (CFO).
A seasoned executive, Ms. Andrews previously served as CFO for Smart Wires Technology, a global transmission grid technology company focused on enabling the transition to renewable energy.
View the full release here: https://www.businesswire.com/news/home/20240116327144/en/
“I am excited to welcome Julie to the Orthofix team,” said Massimo Calafiore, President and Chief Executive Officer of Orthofix.
“I am excited to work with the talented finance and leadership teams as we look for opportunities to improve our performance while accelerating our business.”

For Fifth Consecutive Year, Fifth Third Private Bank Recognized as Best Private Bank

Retrieved on:

Tuesday, January 9, 2024

Professional Services, Consumer, Entrepreneur, Finance, Asset Management, Banking, Research, Multimedia, Fifth Third Bank, Head, Environment, National Association, Private banking, Financial system, Cryptocurrency

Fifth Third Private Bank, a division of Fifth Third Bank, National Association, was named for the fifth consecutive year as a Best Private Bank (US, Regional).

Key Points:

Fifth Third Private Bank, a division of Fifth Third Bank, National Association, was named for the fifth consecutive year as a Best Private Bank (US, Regional).
In addition, the Private Bank was named Best Private Bank for Entrepreneurs (Globally) for the first year.
The honors were announced by Global Finance for the 2024 World’s Best Private Bank Awards.
View the full release here: https://www.businesswire.com/news/home/20240109860225/en/
For the fifth consecutive year, Fifth Third Private Bank has been recognized as Best Private Bank by Global Finance for the 2024 World’s Best Private Bank Awards.

Three New Countries Top Berkshire Hathaway Travel Protection’s Safest Places to Travel in 2024 List

Retrieved on:

Tuesday, January 9, 2024

Insurance, Professional Services, Other Travel, Lodging, Tourist Attractions, Destinations, Vacation, Travel, Cruise, City, The Economist, Scandinavian, Economist, Research, Vision, Financial system

The 2024 list saw a few shifts from last year’s safest destinations, with Canada breaking into the top five and taking the lead spot as the safest destination.

Key Points:

The 2024 list saw a few shifts from last year’s safest destinations, with Canada breaking into the top five and taking the lead spot as the safest destination.
Each of last year’s top three destinations – Netherlands, Denmark and Iceland – dropped out of the top three this year, but all remained in the top 10.
The list of safest cities also saw a few shake ups with Honolulu making it into the top 10 cities and securing the number one spot.
Click here to read more on the safest cities ranking and here to read more on safest countries.