Financial system

AF Group Announces Roni Klungle as Vice President, Service Center

Retrieved on: 
Thursday, April 27, 2023

LANSING, Mich., April 27, 2023 /PRNewswire/ -- Reflective of its commitment to exceptional customer service delivered through its affiliate brands who represent national specialty insurance solutions carriers, AF Group has announced the promotion of Roni Klungle as vice president of Service Center operations.

Key Points: 
  • LANSING, Mich., April 27, 2023 /PRNewswire/ -- Reflective of its commitment to exceptional customer service delivered through its affiliate brands who represent national specialty insurance solutions carriers, AF Group has announced the promotion of Roni Klungle as vice president of Service Center operations.
  • AF Group has announced the promotion of Roni Klungle as vice president of Service Center operations.
  • "We're excited to welcome Roni to this new role as we continue our focus on ensuring our customer interactions are paramount," said Steve Cooper, president of Commercial Markets for AF Group.
  • "Roni has had an impressive career with our organization and her operational success and dedication to building our People First culture have been amazing.

439 Ameriprise Financial Advisors Named to the Forbes Best-in-State Wealth Advisors List

Retrieved on: 
Friday, April 21, 2023

Ameriprise Financial Inc. (NYSE: AMP) today announced that 439 financial advisors were named to the Forbes Best-in-State Wealth Advisors list.

Key Points: 
  • Ameriprise Financial Inc. (NYSE: AMP) today announced that 439 financial advisors were named to the Forbes Best-in-State Wealth Advisors list.
  • Forbes recognizes the industry’s top advisors according to several factors, including levels of ethical standards, professionalism, and success in the business.
  • “We’re delighted to see so many of our advisors earn this recognition from Forbes,” said Pat O’Connell, Executive Vice President and President of the firm’s branch and financial institutions channels.
  • “These advisors provide a deep level of service and guidance that helps their clients achieve their most important financial goals with more confidence.

US FINANCIAL 15 SPLIT CORP

Retrieved on: 
Wednesday, April 19, 2023

TORONTO, April 19, 2023 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.05000 for each Preferred share, or 10.00% annually based on the previous month end net asset value.

Key Points: 
  • TORONTO, April 19, 2023 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.05000 for each Preferred share, or 10.00% annually based on the previous month end net asset value.
  • Distributions are payable May 10, 2023 to shareholders on record as at April 28, 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.

RevitaLash Cosmetics Announces Retirement of Gerald Rudolph After 15 years of Service

Retrieved on: 
Tuesday, April 18, 2023

VENTURA, Calif., April 18, 2023 /PRNewswire/ -- Athena Cosmetics, Inc., parent company to RevitaLash® Cosmetics, the leading brand in lash, brow, and hair enhancement products, has announced the retirement of Gerald "Jerry" Rudolph, VP of Global Finance, who recently celebrated 15 years with Athena Cosmetics.

Key Points: 
  • VENTURA, Calif., April 18, 2023 /PRNewswire/ -- Athena Cosmetics, Inc., parent company to RevitaLash® Cosmetics, the leading brand in lash, brow, and hair enhancement products, has announced the retirement of Gerald "Jerry" Rudolph, VP of Global Finance, who recently celebrated 15 years with Athena Cosmetics.
  • Rudolph was one of Athena Cosmetics' earliest employees, joining the company in its infancy and spearheading the strategic financial operations of the organization, evolving them through to today.
  • His dedication, strategic insights, and expertise in finance have been invaluable to our organization," said Dr. Michael Brinkenhoff, Founder and CEO of Athena Cosmetics.
  • The transition is expected to be seamless, with no disruption to the company's operations or the availability of its products.

Jason Facer Joins Black Diamond Advisory as Managing Director of the Southeast

Retrieved on: 
Monday, April 17, 2023

MARIETTA, Ga., April 17, 2023 /PRNewswire-PRWeb/ -- Black Diamond Advisory, the leading Global Digital Finance Transformation firm and OneStream Diamond Partner, is excited to announce that Jason Facer has joined the team as Managing Director of the Southeast. Jason's in-depth knowledge of OneStream's capabilities and his ability to understand the unique challenges and opportunities within the Southeastern market will enable him to deliver tailored solutions that meet the specific needs of Black Diamond Advisory's clients and prospects in the region.

Key Points: 
  • MARIETTA, Ga., April 17, 2023 /PRNewswire-PRWeb/ -- Black Diamond Advisory , the leading Global Digital Finance Transformation firm and OneStream Diamond Partner , is excited to announce that Jason Facer has joined the team as Managing Director of the Southeast.
  • With a strong background in finance and a deep understanding of corporate performance management (CPM), Jason brings a wealth of expertise to his role at Black Diamond Advisory.
  • "Jason joining Black Diamond Advisory reflects our investment in the region to support local clients and prospects in navigating the dynamic landscape of financial transformation.
  • We're excited to welcome Jason to our team as we reaffirm our commitment to serving the Southeast," says Black Diamond CEO Randy Werder.

Automated Financial Systems, Inc. Announces Enhanced Disaster Recovery Capabilities for AFSVision®

Retrieved on: 
Tuesday, April 11, 2023

Automated Financial Systems, Inc. (AFS®) is pleased to announce their latest innovative solution for clients—AFSVision Disaster Recovery as a Service (DRaaS).

Key Points: 
  • Automated Financial Systems, Inc. (AFS®) is pleased to announce their latest innovative solution for clients—AFSVision Disaster Recovery as a Service (DRaaS).
  • This enhanced service will provide AFSVision Hosted Private Cloud (HPC) clients with continuous data protection (CDP) with the following benefits:
    Improved Disaster Recovery SLAs to a 5-minute RPO and 4-hour RTO or better.
  • Disaster Recovery (DR) testing can occur at any time – not just once per year.
  • “We’re excited to bring these enhanced disaster recovery services to our clients and the industry, providing them with the confidence that in a ‘time of need’ they will be fully supported and operational.”

Citi Selected as Best Global Bank for Cash Management by Global Finance Magazine for 2023

Retrieved on: 
Tuesday, April 4, 2023

Citi has been named the Best Global Bank for Cash Management in 2023 by Global Finance Magazine.

Key Points: 
  • Citi has been named the Best Global Bank for Cash Management in 2023 by Global Finance Magazine.
  • The publication also named Citi the Best Global Provider of Short-Term Investments/Money Market Funds.
  • In addition, Citi earned recognition with multiple regional awards across Liquidity Management and Payments & Collections.
  • “Being recognized as Best Bank for Cash Management and Best Provider of Short-Term Investments/Money Market Funds by Global Finance is further validation of our global liquidity management networks and our steadfast commitment to helping clients better manage capital and liquidity risks, on the path to meeting critical objectives around growth, resiliency and efficiency.

Align Voted Best Cloud Services Provider by Private Equity Wire

Retrieved on: 
Tuesday, April 4, 2023

Align , the premier global provider of technology infrastructure solutions and Managed IT Services , announces today that they have been awarded Best Cloud Services Provider in 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 they have been awarded Best Cloud Services Provider in Private Equity Wire’s 2023 Emerging Manager Awards.
  • View the full release here: https://www.businesswire.com/news/home/20230404005211/en/
    The Align Team accepting the Best Cloud Services Provider achievement in the Private Equity Wire's 2023 Emerging Manager Awards.
  • (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 Private Equity Wire,” says Chris Zadrima , Managing Director of Align Managed Services.

Alerus Financial Corporation to Announce First Quarter Financial Results on Wednesday, April 26

Retrieved on: 
Friday, March 31, 2023

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

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

Results of the 2022 climate risk stress test of the Eurosystem balance sheet

Retrieved on: 
Thursday, March 30, 2023

In 2022 the ECB conducted a climate risk stress test of the Eurosystem balance sheet as part of its action plan to include climate change considerations in its monetary policy strategy.

Key Points: 
  • In 2022 the ECB conducted a climate risk stress test of the Eurosystem balance sheet as part of its action plan to include climate change considerations in its monetary policy strategy.
  • [1] The aims of this exercise were to (i) analyse the sensitivity of the Eurosystem’s financial risk profile to climate change; and (ii) enhance the Eurosystem’s climate risk assessment capabilities.
  • This climate risk stress test used scenarios developed by both the Network of Central Banks and Supervisors for Greening the Financial System (NGFS) and the ECB.
  • Under the disorderly transition scenario, the implementation of climate policies is delayed, leading to severe transition risk but only limited physical risk.
  • These shocks are based on the aforementioned 2022 climate risk stress test by ECB Banking Supervision as well as on NGFS data.
  • This climate risk stress test of the Eurosystem balance sheet used the Eurosystem’s financial risk assessment framework as the basis for its risk estimation, using the aforementioned shocks.