Commercial bank

Citi GPS Report Outlines How to Mobilize Climate and Development Finance during COP28

Retrieved on: 
Thursday, November 30, 2023
Environment, Climate Change, Finance, Environmental Policy, Environmental Issues, Environmental Health, Banking, Professional Services, Sustainability, World Bank, Corporation, Climate change, Policy, Investment, GPS, Citigroup, Water, World Food Programme, COP28, Conference of the Parties, Food, Climate, Risk, Wealth management, Heart, Party, Farmer, Java transaction service, Commercial bank, Capital market, Conference, UNFCCC, Development, Bank Head, News, COP, Sustainable finance, Hunger, Education, Renewable energy, Agriculture, Green

“While the mismatch challenge is at the heart of the issue, it is a relatively simple one in essence,” says Jason Channell, Head of Sustainable Finance, Citi Global Insights.

Key Points: 
  • “While the mismatch challenge is at the heart of the issue, it is a relatively simple one in essence,” says Jason Channell, Head of Sustainable Finance, Citi Global Insights.
  • The second report focuses on the connections between food, water and climate – known as the food, water and climate nexus.
  • The report analyses how climate change impacts water supplies, it can also impact global food production and hence global food security.
  • “Business revenues are also likely to suffer: the Citi GPS analysis estimates that over $3 trillion of public companies’ revenues are at risk,” she adds.

Lynn Smith joins National Bank of Coxsackie as VP/Chief Credit Officer

Retrieved on: 
Thursday, November 30, 2023
Banking, Professional Services, Finance, Multimedia, Commercial bank, National bank, Commercial property, Business, Financial services, Capital region

The National Bank of Coxsackie announced today that Lynn Smith joined National Bank of Coxsackie as its their Vice President/Chief Credit Officer.

Key Points: 
  • The National Bank of Coxsackie announced today that Lynn Smith joined National Bank of Coxsackie as its their Vice President/Chief Credit Officer.
  • View the full release here: https://www.businesswire.com/news/home/20231129319077/en/
    Lynn Smith; VP/Chief Credit Officer, National Bank of Coxsackie (Photo: Business Wire)
    Ms. Smith started with National Bank of Coxsackie in October of 2023 and brings over 25 years of Commercial Banking experience including leadership roles in Business Banking, Middle Market, Commercial Real Estate, and Managed Assets.
  • “I am excited to begin this new chapter with the exceptional team of professionals at National Bank of Coxsackie,” Ms. Smith commented.
  • National Bank of Coxsackie is committed to providing customers with the same products and services as larger banks, while delivering them with a personal touch.

Wells Fargo & Company Declares Cash Dividends on Preferred Stock

Retrieved on: 
Friday, November 17, 2023
Finance, Banking, Professional Services, Asset Management, Fintech, Corporation, NYSE, Investment management, Multimedia, Wells Fargo, Commercial bank, WFC, News, Housing, Wealth, Investment banking, Wells Fargo Center, Security (finance), Series

Wells Fargo & Company (NYSE: WFC) today announced dividends on seven series of preferred stock.

Key Points: 
  • Wells Fargo & Company (NYSE: WFC) today announced dividends on seven series of preferred stock.
  • A quarterly cash dividend of $414.06 per share was declared on its 6.625% fixed-to-floating noncumulative perpetual class A preferred stock, Series R, liquidation preference $25,000 per share.
  • A quarterly cash dividend of $351.56 per share was declared on its 5.625% noncumulative perpetual class A preferred stock, Series Y, liquidation preference $25,000 per share.
  • News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories .

Eastern Bank Welcomes Avedis Zildjian Co. As A Commercial Banking Customer

Retrieved on: 
Wednesday, November 15, 2023
Banking, Professional Services, Finance, Growth, Avedis Zildjian Company, Commercial bank, Acquisition, Senior, Bank, Music, Eastern Bank

Eastern Bank is pleased to announce Avedis Zildjian Co. (Zildjian), the oldest family-owned business in the United States and the world’s largest maker of cymbals, drumsticks and percussion mallets, as a new commercial customer.

Key Points: 
  • Eastern Bank is pleased to announce Avedis Zildjian Co. (Zildjian), the oldest family-owned business in the United States and the world’s largest maker of cymbals, drumsticks and percussion mallets, as a new commercial customer.
  • Founded in 1623 and headquartered in Norwell, MA, Zildjian’s products are sold globally, inspiring people to express themselves through music.
  • Eastern Bank’s credit solution includes traditional working capital and real estate financing and growth capital to support the company’s next stage of growth.
  • The Commercial Banking team advising Avedis Zildjian Co. includes Executive Vice President, Chief Commercial Banking Officer Greg Buscone, Senior Vice President, Commercial Group Director Brendan O’Neill, and Senior Vice President, Commercial Relationship Manager Matthew Hunt.

MSCI Equity Indexes November 2023 Index Review

Retrieved on: 
Tuesday, November 14, 2023
Finance, Data Analytics, Banking, Professional Services, Asset Management, Empyrean, Willis Towers Watson, Investment company, Commercial bank, TSMC, CGN, Index, Atlas, IMI, Commerce, GCC, State Street Corporation, NYSE, CNH Industrial, Atlas Copco, Tyson Foods, Cryptocurrency, Holding company, Western Union, MSCI, Sri Lankan, GIF

MSCI Inc. (NYSE:MSCI), a leading provider of critical decision support tools and services for the global investment community, announced the results of the November 2023 Index Review for the MSCI Equity Indexes - including the MSCI Global Standard, MSCI Global Small Cap and MSCI Micro Cap Indexes, the MSCI Frontier Markets, and MSCI Frontier Markets Small Cap Indexes, the MSCI Global Islamic and MSCI Global Islamic Small Cap Indexes, the MSCI US Equity Indexes, the MSCI US REIT Index, the MSCI China A Onshore indexes and the MSCI China All Shares Indexes.

Key Points: 
  • MSCI Inc. (NYSE:MSCI), a leading provider of critical decision support tools and services for the global investment community, announced the results of the November 2023 Index Review for the MSCI Equity Indexes - including the MSCI Global Standard, MSCI Global Small Cap and MSCI Micro Cap Indexes, the MSCI Frontier Markets, and MSCI Frontier Markets Small Cap Indexes, the MSCI Global Islamic and MSCI Global Islamic Small Cap Indexes, the MSCI US Equity Indexes, the MSCI US REIT Index, the MSCI China A Onshore indexes and the MSCI China All Shares Indexes.
  • MSCI Global Small Cap Indexes: There will be 216 additions to and 283 deletions from the MSCI ACWI Small Cap Index.
  • MSCI Global All Cap Indexes: There will be 103 additions to and 142 deletions from the MSCI World All Cap Index.
  • In light of currently observed market accessibility issues, MSCI will not implement changes as part of this Index Review for any securities classified in Bangladesh, Egypt, Kenya, or Nigeria for the MSCI Bangladesh, MSCI Egypt, MSCI Kenya, and MSCI Nigeria Indexes or impacted composite indexes.

Commercial Bank shows its support for Qatar's economic diversification journey in the latest issue of World Finance magazine

Retrieved on: 
Monday, December 18, 2023
Entrepreneurship, Commercial bank, Private sector, Commercial Bank of Qatar, SME, World News Media, Qatar National Vision 2030

LONDON, Dec. 18, 2023 /PRNewswire/ -- The historic 2022 FIFA World Cup marked the start of an exciting new phase of development for Qatar. The tournament showcased a vibrant, contemporary Qatar to the world, with visitors from across the globe experiencing the nation's unique blend of ancient tradition and cutting-edge modernity. Now, one year on from the landmark event, Qatar is looking to build on the tournament's many successes.

Key Points: 
  • In the latest issue of World Finance, Omar Alfardan, Managing Director at Doha-based Commercial Bank, explains how economic diversification is key to the nation's future development plans.
  • "Supporting the next stage of Qatar's economic journey is a priority for Commercial Bank, and we believe that the banking sector can play a pivotal role in this endeavour," Alfardan tells World Finance.
  • Commercial Bank's industry-leading digital strategy has earned it a number of awards in recent years, including being named the ' Most Innovative Bank ' in the Middle East by World Finance.
  • To find out more about Commercial Bank and its efforts to support Qatar through the next stage of its economic journey, pick up a copy of the Winter 2023-24 edition of World Finance magazine, available in print, on tablet and online now.

Commercial Bank shows its support for Qatar's economic diversification journey in the latest issue of World Finance magazine

Retrieved on: 
Monday, December 18, 2023
Entrepreneurship, Commercial bank, Private sector, Commercial Bank of Qatar, SME, World News Media, Qatar National Vision 2030

LONDON, Dec. 18, 2023 /PRNewswire/ -- The historic 2022 FIFA World Cup marked the start of an exciting new phase of development for Qatar. The tournament showcased a vibrant, contemporary Qatar to the world, with visitors from across the globe experiencing the nation's unique blend of ancient tradition and cutting-edge modernity. Now, one year on from the landmark event, Qatar is looking to build on the tournament's many successes.

Key Points: 
  • In the latest issue of World Finance, Omar Alfardan, Managing Director at Doha-based Commercial Bank, explains how economic diversification is key to the nation's future development plans.
  • "Supporting the next stage of Qatar's economic journey is a priority for Commercial Bank, and we believe that the banking sector can play a pivotal role in this endeavour," Alfardan tells World Finance.
  • Commercial Bank's industry-leading digital strategy has earned it a number of awards in recent years, including being named the ' Most Innovative Bank ' in the Middle East by World Finance.
  • To find out more about Commercial Bank and its efforts to support Qatar through the next stage of its economic journey, pick up a copy of the Winter 2023-24 edition of World Finance magazine, available in print, on tablet and online now.

Accura Scan Presents Robust Digital KYC & User Verification for American Banks & Telecoms

Retrieved on: 
Monday, December 11, 2023
Assured Compliance Assessment Solution, Ahlibank, MRZ, Gulf Bank of Kuwait, Telecommunications, GDPR, Risk, Fraud, Commercial bank, Commercial Bank of Dubai, Travel, STC, KYC, Batelco, OCR, Hospitality, NIST, Name, Security printing, Cryptocurrency, Insurance

Accura Scan , a leader in digital KYC, identity verification, and customer onboarding, presents a comprehensive suite of services that cater to this critical requirement.

Key Points: 
  • Accura Scan , a leader in digital KYC, identity verification, and customer onboarding, presents a comprehensive suite of services that cater to this critical requirement.
  • With its cutting-edge ID Scanning solution, which includes OCR, MRZ, and NFC Verification, Accura Scan ensures a seamless and secure verification process.
  • In conclusion, Accura Scan's robust digital KYC and user verification solutions are transforming the way American banks and telecom companies approach identity verification.
  • With its unparalleled compliance, cutting-edge technology, and commitment to customer satisfaction, Accura Scan is poised to lead the charge in securing digital transactions and fostering trust in an increasingly connected world.

Chad Tredway Rejoins J.P. Morgan as Head of Real Estate Americas, J.P. Morgan Asset Management

Retrieved on: 
Thursday, December 7, 2023
Sale, J. P. Morgan, Risk, JPMorgan Chase, Real estate, Commercial bank, Hamburg Commercial Bank, Trio, Observer Media, Retirement, Loyola University, Cryptocurrency

NEW YORK, Dec. 7, 2023 /PRNewswire/ -- J.P. Morgan today announced that Chad Tredway has rejoined the firm as the incoming Head of Real Estate Americas, J.P. Morgan Asset Management. 

Key Points: 
  • NEW YORK, Dec. 7, 2023 /PRNewswire/ -- J.P. Morgan today announced that Chad Tredway has rejoined the firm as the incoming Head of Real Estate Americas, J.P. Morgan Asset Management.
  • "From his previous time at J.P. Morgan and his presence in the industry, we know Chad to be a visionary leader who brings a powerful combination of real estate expertise and leadership experience," said Anton Pil, Head of Global Alternatives for J.P. Morgan Asset Management.
  • "We're excited to have him back at J.P. Morgan and are excited that Chad will extend Real Estate Americas' industry leadership."
  • Mr. Tredway founded Trio Investment Group, a real estate investment management boutique specializing in institutional sale-leaseback property with $250 million in assets.

Detroit Lions, Comerica Bank Collaboration Returns to "Double the Impact" for My Cause My Cleats Campaign

Retrieved on: 
Thursday, December 7, 2023
Conference, Father, Detroit Lions, Comerica, NYSE, Organization, Wealth management, CMA, Kenya Commercial Bank S.C., Multimedia, Commercial bank, Impact, Mentorship, NFL, Teaching, Caregiver, Rehabilitation, Retail, Child, National Football Conference, Retail banking, Pakistan Bait-ul-Mal, AFL, National Football League, Partnership, NFC, Housing, Ford Field, Education, FTE, Pharmaceutical industry, Toy, Lion

DETROIT, Dec. 7, 2023 /PRNewswire/ -- The Detroit Lions and Comerica Bank announced today their community collaboration as part of the annual My Cause My Cleats campaign, encouraging the community to "Double the Impact" by donating to F.A.R.M. Family Assistance for Renaissance Men, a non-profit organization focused on the rehabilitation and reuniting of fathers with their children.

Key Points: 
  • For the first $100,000 donated to the campaign, the Detroit Lions Foundation will match each of those dollars contributed through Sunday, December 10.
  • To contribute to the collaboration, Comerica Bank is donating the $10,000 F.A.R.M., a 2023 Detroit Lions Inspire Change social justice initiative grantee and community partner of Comerica Bank.
  • In the first year of the Lions and Comerica's My Cause My Cleats collaboration, the "Double the Impact" campaign raised over $102,000 for the Pure Heart Foundation .
  • The My Cause My Cleats initiative between the Lions and Comerica expands upon their existing partnership and the community impact programs.