Financial system

Alerus Financial Corporation to Announce Second Quarter Financial Results on Wednesday, July 26

Retrieved on: 
Friday, June 30, 2023

Alerus Financial Corporation (NASDAQ: ALRS) announced that it will issue its second quarter financial results on Wednesday, July 26, 2023.

Key Points: 
  • Alerus Financial Corporation (NASDAQ: ALRS) announced that it will issue its second quarter financial results on Wednesday, July 26, 2023.
  • Alerus Financial Corporation will also host a conference call at 11:00 a.m. Central Time on Thursday, July 27, 2023, to discuss its financial results.
  • Analysts and institutional investors may participate in the question-and-answer session.

Scotiabank named Best Bank in Canada for Sustainable Finance

Retrieved on: 
Thursday, June 29, 2023

TORONTO, June 29, 2023 /CNW/ - Scotiabank is proud to have been awarded five 2023 Sustainable Finance Awards by Global Finance, including Outstanding Leadership in Sustainability Transparency (Global) for the third year in a row and Best Bank for Sustainable Finance (Canada) for the second year in a row.

Key Points: 
  • TORONTO, June 29, 2023 /CNW/ - Scotiabank is proud to have been awarded five 2023 Sustainable Finance Awards by Global Finance, including Outstanding Leadership in Sustainability Transparency (Global) for the third year in a row and Best Bank for Sustainable Finance (Canada) for the second year in a row.
  • "Through our Sustainable Finance and ESG Research teams, we provide our clients across our footprint with innovative sustainable financing and advisory solutions as well as deep market insights to help them realize their sustainability goals."
  • These accolades follow a series of recognitions for ESG excellence for Scotiabank, including five wins from the 2023 Environmental Finance Bond Awards, the 2023 Best Specialist ESG Research Award and previous recognition for Best Corporate Sustainability Strategy from ESG Investing.
  • Scotiabank's annual ESG reporting details sustainability efforts across the Bank and the progress made towards our ESG commitments.

CIBC named global leader in Investment Banking and Sustainable Infrastructure Finance

Retrieved on: 
Thursday, June 29, 2023

TORONTO, June 29, 2023 /CNW/ - CIBC has been recognized by Global Finance as the Best Investment Bank in Canada and for Outstanding Leadership in Sustainable Infrastructure Finance at the Global Finance World's Best Investment Bank and Sustainable Finance Awards for 2023.

Key Points: 
  • TORONTO, June 29, 2023 /CNW/ - CIBC has been recognized by Global Finance as the Best Investment Bank in Canada and for Outstanding Leadership in Sustainable Infrastructure Finance at the Global Finance World's Best Investment Bank and Sustainable Finance Awards for 2023.
  • "We are proud to be recognized as a global leader in both sustainable infrastructure finance and investment banking," said Susan Rimmer, Managing Director and Head, Global Corporate and Investment Banking, CIBC.
  • This recognition highlights CIBC's longstanding leadership in supporting our clients' evolving business needs and enabling a more sustainable future.
  • Sustainable financing largely relates to client activities that support, but are not limited to, renewable and emission-free energy, energy efficiency, sustainable infrastructure, sustainable real estate, affordable housing and basic infrastructure, and products such as, sustainability-linked and green financial products.

Christine Lagarde: Remarks at the Summit for a new global financing pact

Retrieved on: 
Saturday, June 24, 2023

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has today published two Final Reports including guidelines on the central counterparties (CCPs) Resolution Regime under the CCP Recovery and Resolution Regulation (CCPRRR).

Key Points: 
  • The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has today published two Final Reports including guidelines on the central counterparties (CCPs) Resolution Regime under the CCP Recovery and Resolution Regulation (CCPRRR).
  • This publication follows that of the Commission Delegated Regulations 2023/1193 on the content of resolution plans[1] and 2023/1192 on resolution colleges[2].
Next steps

    The Final Reports take into account responses received to the two Public Consultations published in May 2022. ESMA also sought the advice of the Securities and Markets Stakeholder Group. The Guidelines will apply following their publication by ESMA on its website in the relevant official languages of the European Union.   Further information:
Sarah Edwards 

US Financial 15 Split Corp.: Preferred Dividend Declared

Retrieved on: 
Tuesday, June 20, 2023

TORONTO, June 20, 2023 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.04667 for each Preferred share, or 10.00% annually based on the previous month end net asset value.

Key Points: 
  • TORONTO, June 20, 2023 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.04667 for each Preferred share, or 10.00% annually based on the previous month end net asset value.
  • Distributions are payable July 10, 2023 to shareholders on record as at June 30, 2023.
  • 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.

Harvard Bioscience Appoints Jennifer Cote as Chief Financial Officer

Retrieved on: 
Tuesday, June 20, 2023

HOLLISTON, Mass., June 20, 2023 (GLOBE NEWSWIRE) -- Harvard Bioscience, Inc. (Nasdaq: HBIO) (the “Company”) today announced the appointment of Jennifer Cote as the Company’s Chief Financial Officer and Treasurer, effective June 19, 2023.

Key Points: 
  • HOLLISTON, Mass., June 20, 2023 (GLOBE NEWSWIRE) -- Harvard Bioscience, Inc. (Nasdaq: HBIO) (the “Company”) today announced the appointment of Jennifer Cote as the Company’s Chief Financial Officer and Treasurer, effective June 19, 2023.
  • Cote joined the Company as Vice President of Global Finance in May 2022 and has served as Interim Chief Financial Officer and Treasurer since January 2023.
  • Earlier in her career, Ms. Cote held various positions of increasing responsibility, including Audit Manager, at Arthur Andersen LLP.
  • A Certified Public Accountant and Chartered Global Management Accountant, Cote holds a Bachelor of Science in Accountancy from Villanova University.

NSE International Exchange unveils a New Identity for Gift Nifty

Retrieved on: 
Monday, June 19, 2023

MUMBAI, India, June 19, 2023 /PRNewswire/ -- NSE International Exchange (NSE IX) today unveiled a new and refreshed brand identity of GIFT Nifty as a part of full-scale transition of SGX Nifty to Gift Nifty from July 3, 2023.  The new identity of Gift Nifty signifies the unique opportunity and new direction for the international investors to participate in India's growth story to access Nifty products through NSE IX at GIFT City. The new look of Gift Nifty is aligned with the flagship index NIFTY 50, which reflects the growth story of Indian equity markets.

Key Points: 
  • MUMBAI, India, June 19, 2023 /PRNewswire/ -- NSE International Exchange (NSE IX) today unveiled a new and refreshed brand identity of GIFT Nifty as a part of full-scale transition of SGX Nifty to Gift Nifty from July 3, 2023.
  • The new identity of Gift Nifty signifies the unique opportunity and new direction for the international investors to participate in India's growth story to access Nifty products through NSE IX at GIFT City.
  • To begin with, market participants can access Gift Nifty 50, Gift Nifty Bank, Gift Nifty Financial Services and Gift Nifty IT derivative contracts on NSE IX and gradually other indices will be rolled out under Gift Nifty suite.
  • Shri Ashishkumar Chauhan, MD and CEO, NSE said: "The new identity of Gift Nifty signifies the unique opportunity and new direction for the international investors to participate in India's growth story to access Nifty products through NSE International Exchange at GIFT City.

NSE International Exchange unveils a New Identity for Gift Nifty

Retrieved on: 
Monday, June 19, 2023

MUMBAI, India, June 19, 2023 /PRNewswire/ -- NSE International Exchange (NSE IX) today unveiled a new and refreshed brand identity of GIFT Nifty as a part of full-scale transition of SGX Nifty to Gift Nifty from July 3, 2023.  The new identity of Gift Nifty signifies the unique opportunity and new direction for the international investors to participate in India's growth story to access Nifty products through NSE IX at GIFT City. The new look of Gift Nifty is aligned with the flagship index NIFTY 50, which reflects the growth story of Indian equity markets.

Key Points: 
  • MUMBAI, India, June 19, 2023 /PRNewswire/ -- NSE International Exchange (NSE IX) today unveiled a new and refreshed brand identity of GIFT Nifty as a part of full-scale transition of SGX Nifty to Gift Nifty from July 3, 2023.
  • The new identity of Gift Nifty signifies the unique opportunity and new direction for the international investors to participate in India's growth story to access Nifty products through NSE IX at GIFT City.
  • To begin with, market participants can access Gift Nifty 50, Gift Nifty Bank, Gift Nifty Financial Services and Gift Nifty IT derivative contracts on NSE IX and gradually other indices will be rolled out under Gift Nifty suite.
  • Shri Ashishkumar Chauhan, MD and CEO, NSE said: "The new identity of Gift Nifty signifies the unique opportunity and new direction for the international investors to participate in India's growth story to access Nifty products through NSE International Exchange at GIFT City.

Align Voted Best Cloud Services Provider by both Hedgeweek and Private Equity Wire

Retrieved on: 
Tuesday, June 13, 2023

Align, the premier global provider of technology infrastructure solutions and Managed IT Services, announces today that it has been awarded Best Cloud Services Provider in the 2023 Hedgeweek’s Hedge Fund Emerging Manager US Awards and the Private Equity Wire’s 2023 Emerging Manager Awards .

Key Points: 
  • Align, the premier global provider of technology infrastructure solutions and Managed IT Services, announces today that it has been awarded Best Cloud Services Provider in the 2023 Hedgeweek’s Hedge Fund Emerging Manager US Awards and the Private Equity Wire’s 2023 Emerging Manager Awards .
  • View the full release here: https://www.businesswire.com/news/home/20230613276986/en/
    Vinod Paul, Chief Operating Officer of Award-Winning Align Managed Services (Photo: Business Wire)
    As a managed service provider, offering top-of-the-line cloud services is imperative – especially today, when businesses rely so heavily on cloud-based applications.
  • “We are honored to be recognized by both Hedgeweek and Private Equity Wire,” says Vinod Paul , Chief Operating Officer of Align Managed Services.
  • Align was the first Managed Services Provider to offer a fully Public Cloud based platform focused on the Alternative Financial Services industry.

Automated Financial Systems, Inc. Announces the Successful Implementation of AFSVision® at Flagstar Bank

Retrieved on: 
Tuesday, June 13, 2023

EXTON, Pa., June 13, 2023 /PRNewswire/ -- Automated Financial Systems, Inc. (AFS®) announced the successful implementation of AFSVision at Flagstar Bank.

Key Points: 
  • EXTON, Pa., June 13, 2023 /PRNewswire/ -- Automated Financial Systems, Inc. (AFS®) announced the successful implementation of AFSVision at Flagstar Bank.
  • AFSVision was chosen to partner with Flagstar as they continue to enhance their commercial lending lines of business.
  • AFSVision provides a globally available, unified banking experience, empowering financial institutions with 24/7, digital and mobile, real-time access allowing financial institutions to better serve their customers.
  • AFSVision will enable Flagstar to focus on their core business while streamlining processes, creating efficiencies, and ensuring first-class customer experiences.