Banco

Attention Banco Santander, S.A. Inc. Investors: Company Investigated by the Portnoy Law Firm

Retrieved on: 
Tuesday, March 26, 2024
Banco Santander, Financial Times, Banco, Real-time, Buckingham Palace, ADS, American depositary receipt

LOS ANGELES, March 26, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Banco Santander, S.A. (NYSE: SAN) investors that the law firm has initiated an investigation on behalf of investors that lost money on their Banco stock.

Key Points: 
  • LOS ANGELES, March 26, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Banco Santander, S.A. (NYSE: SAN) investors that the law firm has initiated an investigation on behalf of investors that lost money on their Banco stock.
  • Banco Santander investors are encouraged to contact the firm to discuss their legal rights.
  • The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
  • The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing.

Frank Elderson: Taking into account climate and nature in monetary policy and banking supervision around the world

Retrieved on: 
Wednesday, April 3, 2024
Reproduction, European Central Bank, Attention, Climate change, Risk management, Financial system, Supervisory board, Finance, BCBS, Central bank, FSB, Amazon, ECB, Risk, Flood, Frankfurt, Climate, Materiality, NGFS, Carbon footprint, News, Communication, Food, Nature, Mineral, Carbon, Biodiversity, Risk assessment, Banco, Data collection, Mouth, Water, Ecosystem, Drinking water, Wildfire, Cryptocurrency

This box investigates how households have responded to the 2021-23 inflationary episode using evidence from the ECB’s Consumer Expectations Survey.

Key Points: 
  • This box investigates how households have responded to the 2021-23 inflationary episode using evidence from the ECB’s Consumer Expectations Survey.
  • The findings suggest that households have primarily adjusted their consumption spending to cope with higher inflation.

TerraPay and Banco G&T Continental Forge Strategic Alliance to Revolutionize Cross-Border Remittances

Retrieved on: 
Wednesday, February 28, 2024
Banco, Economic development, Partnership, Bank

By joining forces with TerraPay, Banco G&T Continental gains access to a robust platform and extensive network that facilitate hassle-free cross-border transfers.

Key Points: 
  • By joining forces with TerraPay, Banco G&T Continental gains access to a robust platform and extensive network that facilitate hassle-free cross-border transfers.
  • With this partnership, Banco G&T Continental can leverage TerraPay's expansive network to enhance the flow of remittances in Guatemala while improving accessibility to financial services.
  • "We are delighted to partner with Banco G&T Continental to drive innovation and efficiency in cross-border remittances," remarked Juan Luis Hernandez, Senior Country Manager - LAC Region at TerraPay.
  • Through this collaboration, TerraPay and Banco G&T Continental reaffirm their dedication to delivering unparalleled services while driving positive change in the financial landscape of Guatemala.

TerraPay and Banco G&T Continental Forge Strategic Alliance to Revolutionize Cross-Border Remittances

Retrieved on: 
Wednesday, February 28, 2024
Banco, Economic development, Partnership, Bank

By joining forces with TerraPay, Banco G&T Continental gains access to a robust platform and extensive network that facilitate hassle-free cross-border transfers.

Key Points: 
  • By joining forces with TerraPay, Banco G&T Continental gains access to a robust platform and extensive network that facilitate hassle-free cross-border transfers.
  • With this partnership, Banco G&T Continental can leverage TerraPay's expansive network to enhance the flow of remittances in Guatemala while improving accessibility to financial services.
  • "We are delighted to partner with Banco G&T Continental to drive innovation and efficiency in cross-border remittances," remarked Juan Luis Hernandez, Senior Country Manager - LAC Region at TerraPay.
  • Through this collaboration, TerraPay and Banco G&T Continental reaffirm their dedication to delivering unparalleled services while driving positive change in the financial landscape of Guatemala.

CME Group Launches Clearing Service for Mexican F-TIIE Overnight Index Swaps

Retrieved on: 
Tuesday, February 20, 2024
EBS, Standard, NYMEX, COMEX, Financial services, BBVA México, J. P. Morgan, New York Mercantile Exchange, OTC, City, S&P Dow Jones Indices, LATAM, CME Group, TIIE, Chicago Board of Trade, Risk, LTD, Director general, S&P, BBVA, Banco, Morgan Stanley, Metal, CME, OIS, Goldman Sachs, CBOT, HSBC, Iron ore

CHICAGO, Feb. 20, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that nine market participants have cleared over-the-counter (OTC) Mexican Overnight Funding Rate (F-TIIE) index swaps since the company launched its clearing service on February 5.

Key Points: 
  • CHICAGO, Feb. 20, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that nine market participants have cleared over-the-counter (OTC) Mexican Overnight Funding Rate (F-TIIE) index swaps since the company launched its clearing service on February 5.
  • Market participants who have already cleared these swaps through CME Group include Banorte, BBVA, Goldman Sachs, HSBC, J.P. Morgan, Morgan Stanley, and Santander.
  • "Our new swaps clearing service provides critical infrastructure for clients navigating the F-TIIE benchmark transition," said Agha Mirza, CME Group Global Head of Rates and OTC Products.
  • For more information on clearing F-TIIE index swaps at CME Group, please visit https://www.cmegroup.com/articles/2023/transition-from-28d-tiie-to-tiie-... .

Philip R. Lane: Euro area international financial flows: analytical insights and measurement challenges

Retrieved on: 
Tuesday, February 13, 2024
Brookings Institution, Quarterly Journal of Economics, Journal of Financial Economics, SSRN, Climate change, Map, IMF Economic Review, Nation, Federal Reserve, Statistics, Adjustment, International economics, BEA, Financial economics, Cambridge University Press, Swings, ESS, Bank, Asian Economic Papers, Buildup, ECI, Data, Director of National Parks, WP, Journal, Spes, Banco de Portugal, International Monetary Fund, Foreign direct investment, Communication, Fiscal, Environment, BIS, ESCB, Sector, BRICS, G-20, Capital, External, Frankfurt, Carbon, Insurance, Central bank, European Central Bank, Quarterly Journal, Speech, Appetite, Research, Reproduction, Exchange, Outline, MNE, Aftermath, Answer, Data management, Geography, FDI, Sound, Banco, COVID-19, Policy, Creditor, Role, ECB, Security (finance)

We document how gas price fluctuations have a heterogeneous pass-through to euro area prices depending on the underlying shock driving them.

Key Points: 
  • We document how gas price fluctuations have a heterogeneous pass-through to euro area prices depending on the underlying shock driving them.
  • Supply shocks, moreover, are found to pass through to all components of euro area inflation – producer prices, wages and core inflation, which has implications for monetary policy.

White River Bancshares Co. Earns $788,000, or $0.79 Per Diluted Share, in Fourth Quarter 2023 and Earns $2.55 Million, or $2.56 Per Diluted Share for the Year; Highlighted by Double Digit Loan and Deposit Growth Year-Over-year

Retrieved on: 
Thursday, January 18, 2024
NIM, CECL, Total, 2020, Bank, FHLB, Current Expected Credit Losses, Tier 1, Signature Bank, Environment, Banco, AOCI, OTCQX, Small business, Marketing, Growth

Fourth Quarter 2023 Financial Highlights:

Key Points: 
  • Fourth Quarter 2023 Financial Highlights:
    Fourth quarter net income was $788,000, or $0.79 per diluted share, compared to $1.42 million, or $1.42 per diluted share, in the fourth quarter of 2022.
  • Fourth quarter net interest margin (“NIM”) was 3.00%, compared to 3.79% in the fourth quarter a year ago.
  • Net interest income was $7.8 million in the fourth quarter of 2023, compared to $8.8 million in the fourth quarter of 2022.
  • Total interest income increased 31.3% to $14.7 million in the fourth quarter of 2023, compared to $11.2 million in the fourth quarter of 2022.

Amalgamated Financial Corp. Appoints Julieta Ross and Scott Stoll to its Board of Directors

Retrieved on: 
Thursday, November 16, 2023
First Franklin Financial Corp., M&T Bank, Acquisition, Research, Ernst & Young, Audit committee, Citigroup, Risk management, Business, Executive Committee, Farmer, Chairperson, Insurance, Faculty, Strategic planning, Leadership Council, EY, The Co Founder, AMAL, Banco Santander, AAA Western Valley District, Farmers Insurance Group, Bowling Green State University, Banco, Management, Amalgamation, Central New York

NEW YORK, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated” or the “Company”) (Nasdaq: AMAL) today announced it has appointed Julieta Ross and Scott Stoll as its newest members to the Company’s Board of Directors, effective immediately.

Key Points: 
  • NEW YORK, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated” or the “Company”) (Nasdaq: AMAL) today announced it has appointed Julieta Ross and Scott Stoll as its newest members to the Company’s Board of Directors, effective immediately.
  • Dr. Ross has an extensive background in the broader financial services risk management landscape, with over 20 years of global banking technology leadership and experience.
  • Lynne Fox, Board Chair, commented, “Julieta and Scott bring impressive track records in the broader financial services and banking sectors to Amalgamated’s board of directors, making them the ideal candidates for this role.
  • Prior to this, Mr. Stoll’s role focused on commercial banking risk management and asset liability management from 1994 to 2000.

Viamericas and Banco GyT Launch Viamistad Donation Campaign to Provide Educational and Recreational Camps for Guatemalans with Disabilities

Retrieved on: 
Monday, November 27, 2023
Retail, Technology, Finance, Fintech, Small Business, Banking, Professional Services, Philanthropy, Convenience Store, Sports, Fund Raising, Outdoors, People with Disabilities, Payments, Software, Consumer, Corporation, Disability, Banco, Organization, Volunteering, Hope, Bank, Nursing

Between November 2023 and March 2024, they will donate 20 cents of every transaction made from a Viamericas location to Banco GyT to Viamistad.

Key Points: 
  • Between November 2023 and March 2024, they will donate 20 cents of every transaction made from a Viamericas location to Banco GyT to Viamistad.
  • Celebrating its 16th year, Viamistad is a charitable organization that provides Guatemalans with disabilities several life-changing opportunities through summer camps, an inclusive school and entrepreneurship programs.
  • Campers that attend the Viamistad camps open the hearts and minds of the community by breaking the barriers and stigma of people with disabilities.
  • Viamericas and Banco GyT are committed to growing the Viamistad organization and bringing even more opportunities to the people of Guatemala.

Principal® Announces Financial Services Leader Pablo Sprenger to Head Latin America

Retrieved on: 
Wednesday, November 1, 2023
Professional Services, Other Professional Services, Insurance, Finance, Asset Management, Banking, Personal Finance, Principal, Banco, Investment, Multimedia, Growth, Retirement, Sprenger, Management

Principal Financial Group® today announced Pablo Sprenger will join the company as executive vice president and president of Principal Latin America, effective Nov. 8.

Key Points: 
  • Principal Financial Group® today announced Pablo Sprenger will join the company as executive vice president and president of Principal Latin America, effective Nov. 8.
  • Sprenger will report to Pat Halter, president of Principal Asset ManagementSM .
  • “Latin America continues to be an important region for Principal with continued potential to expand our asset management and retirement capabilities across our markets,” said Halter.
  • “Pablo brings deep knowledge of the countries we’re in and the industries and customer segments we serve.