Treasury

GDEV Announces an At-The-Market Offering 

Retrieved on: 
Thursday, September 12, 2024
Agent, Security (finance), Share (finance), Capital market, Prospectus, Tender offer, Cantor Fitzgerald, ATM, Treasury, Broad Street, Telephone, EDGAR, Sale, Form

The Shares correspond to the ones previously acquired pursuant to our tender offer which expired in January 2024 (the “Tender Offer”).

Key Points: 
  • The Shares correspond to the ones previously acquired pursuant to our tender offer which expired in January 2024 (the “Tender Offer”).
  • No new ordinary shares will be issued in connection with the ATM Offering.
  • Any Shares offered in an ATM Offering will be sold pursuant to the Company’s registration statement on Form F-3 (Registration No.
  • The Company intends to use the net proceeds from the ATM Offering primarily for general corporate purposes, including working capital.

Core Specialty to Expand Surety Offering by Entering the Contract Surety Market Segment

Retrieved on: 
Thursday, September 12, 2024
AM Best, Acquisition, Credit, Surety, Treasury, XIII, Insurance

CINCINNATI, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Core Specialty Insurance Holdings, Inc. and its subsidiaries (“Core Specialty” or the “Company”) announced today that it has expanded its surety offering by entering the contract surety market.

Key Points: 
  • CINCINNATI, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Core Specialty Insurance Holdings, Inc. and its subsidiaries (“Core Specialty” or the “Company”) announced today that it has expanded its surety offering by entering the contract surety market.
  • The formation of the Surety division as a component of the Company’s Bond, Credit & Guarantee subsegment was announced on November 1, 2023 and American Surety Company became a subsidiary of Core Specialty on May 31, 2024.
  • With these improved financial metrics, Core Specialty is excited for its future opportunities in the surety marketplace.
  • Supported by a skilled team of underwriters, his leadership enhances Distinguished’s ability to make a meaningful entrance into the surety market with Core Specialty.

Santander US Economist Wins Blue Chip Forecasting Award

Retrieved on: 
Thursday, September 12, 2024
GDP, ASU, Fed, University, University Club, Economics, CPI, Arizona State University, Growth, Investment banking, Lee University, Blue Chip Economic Indicators, Organization, Q&A, RBS, Federal Reserve, Partnership, Treasury, Unemployment

TEMPE, Ariz., Sept. 12, 2024 /PRNewswire/ -- With ongoing global unrest and a major U.S. election on the horizon, economic analysts continue to debate whether the U.S. economy will continue its path to a soft landing. Stephen Stanley, chief U.S. economist at Santander US Capital Markets, LLC (SanCap), who is being presented with the Lawrence R. Klein Award by the W. P. Carey School of Business, predicts that after a period of below trend growth late this year and early next year, the U.S. economy should skirt a recession and return to solid growth later in 2025, as Federal Reserve rate cuts should help to boost consumer and business demand.

Key Points: 
  • At the event, Stanley will be honored with the Lawrence R. Klein Award for Blue Chip Forecast Accuracy for 2024, one of the best-known and longest-standing achievements in economic forecasting.
  • A livestream of the forecast and award ceremony will also be available; it is free for the public to view.
  • Register here for the virtual portion of the Lawrence R. Klein Award on Tuesday, Oct. 15, from 7 to 8 p.m. Eastern.
  • Economist at Santander US Capital Markets, LLC (SanCap), the institutional broker-dealer of Santander in the United States operating under Santander  Corporate & Investment Banking (Santander CIB), a Santander global division that supports corporate and institutional clients.

Royal Bank of Canada appoints Katherine Gibson as Chief Financial Officer

Retrieved on: 
Thursday, September 12, 2024
Treasury, Tax, University, Enterprise, Wealth management, CPA, Finance, Policy, CFO, Senior, Interim, Treasury services, Corporate development, Controller, TSX, Commerce, RBC, Bachelor of Commerce, Management

TORONTO, Sept. 12, 2024 /CNW/ - Royal Bank of Canada (TSX: RY) (NYSE: RY) today announced that Katherine Gibson has been appointed Chief Financial Officer, effective immediately.

Key Points: 
  • TORONTO, Sept. 12, 2024 /CNW/ - Royal Bank of Canada (TSX: RY) (NYSE: RY) today announced that Katherine Gibson has been appointed Chief Financial Officer, effective immediately.
  • Ms. Gibson has served as Interim Chief Financial Officer since April 5, 2024.
  • We are proud that Katherine emerged as the clear top candidate after an international search, reinforcing the strength of talent at RBC."
  • Prior to RBC, Ms. Gibson spent six years in Canada and Australia with an international accounting firm.

VANGUARD INTRODUCES NEW ULTRA SHORT CANADIAN GOVERNMENT BOND ETF

Retrieved on: 
Thursday, September 12, 2024
CAD, Vanguard, USD, The Vanguard Group, Treasury, Investment, VVSG, ETF, Security (finance)

TORONTO, Sept. 12, 2024 /CNW/ - Vanguard Investments Canada Inc. today announced the launch of a new high-quality and low-cost domestic fixed income ETF: Vanguard Canadian Ultra-Short Government Bond Index ETF.

Key Points: 
  • TORONTO, Sept. 12, 2024 /CNW/ - Vanguard Investments Canada Inc. today announced the launch of a new high-quality and low-cost domestic fixed income ETF: Vanguard Canadian Ultra-Short Government Bond Index ETF.
  • "Canadian investors and advisors continue to seek out high-quality and cost-effective ETF solutions to meet short-term savings goals" said Sal D'Angelo, Head of Product, Vanguard Investments Canada Inc. "This ETF provides investors with a diversified portfolio of the highest-quality AAA-rated Canadian government bonds and treasury bills, all with maturities of less than a year.
  • Vanguard Canadian Ultra-Short Government Bond Index ETF - TSX:VVSG – The Vanguard Canadian Ultra-Short Government Bond Index ETF seeks to track the Bloomberg Canadian Short Treasury 1-12 month Float Adjusted Index.
  • This brings the total number of Vanguard ETFs in Canada to 38, with $80 billion (CAD) in Canadian ETF assets under management.

AdvanSix Appoints Sidd Manjeshwar as Senior Vice President and Chief Financial Officer

Retrieved on: 
Thursday, September 12, 2024
Agriculture, Natural Resources, Manufacturing, Packaging, Chemicals, Plastics, University, Lehman Brothers, MBA, Electronics, Air Products, Growth, Retirement, Deutsche Bank, James Madison University, Senior, CFO, Computer science, Business, ASIX, Georgetown University, Treasury, M&A, Dynegy, Corporate finance, Barclays, Certified Treasury Professional, Multimedia, Management

AdvanSix (NYSE: ASIX), a diversified chemistry company, announced today the appointment of Sidd Manjeshwar as Senior Vice President and Chief Financial Officer, effective October 1st.

Key Points: 
  • AdvanSix (NYSE: ASIX), a diversified chemistry company, announced today the appointment of Sidd Manjeshwar as Senior Vice President and Chief Financial Officer, effective October 1st.
  • Mr. Manjeshwar will report directly to Erin Kane, President and CEO of AdvanSix, and be a member of the Company’s executive leadership team.
  • He has more than twenty-five years of experience in investment banking and corporate leadership roles, including as Chief Financial Officer at FirstLight Power with responsibility for strategic and financial functions.
  • I am looking forward to joining the AdvanSix leadership team to drive accelerated profitable growth in support of the company’s long-term, sustainable performance.”
    Earlier this year, Michael Preston announced his anticipated retirement as Senior Vice President and Chief Financial Officer.

iSpecimen Announces 1-for-20 Reverse Stock Split

Retrieved on: 
Wednesday, September 11, 2024
Exercise, Treasury, CUSIP, Security (finance)

The reverse stock split will become effective at 4:30 p.m. Eastern Time on September 13, 2024, and the Company's common stock will begin trading on a split-adjusted basis when the market opens on September 16, 2024.

Key Points: 
  • The reverse stock split will become effective at 4:30 p.m. Eastern Time on September 13, 2024, and the Company's common stock will begin trading on a split-adjusted basis when the market opens on September 16, 2024.
  • The new CUSIP number for the Company's common stock following the reverse stock split will be 45032V207.
  • Any fraction of a share of common stock that would be created as a result of the reverse stock split will be rounded up to the nearest whole share.
  • The reverse stock split is intended to increase the per share trading price of the Company's common stock to better attract certain institutional and other investors and comply with the minimum bid price requirement for maintaining the listing of the Company's common stock on Nasdaq.

Community Associations Institute Files Lawsuit to Exempt Community Associations from Federal Corporate Transparency Act

Retrieved on: 
Wednesday, September 11, 2024
Corporate transparency, Community Associations Institute, Volunteering, Congress, CAI, District court, Housing, Risk, Federation, Treasury, Church, CAE

This lawsuit seeks to exempt community associations from burdensome reporting requirements that CAI argues are incompatible with nonprofit, volunteer-run organizations.

Key Points: 
  • This lawsuit seeks to exempt community associations from burdensome reporting requirements that CAI argues are incompatible with nonprofit, volunteer-run organizations.
  • "The Corporate Transparency Act’s requirements impose unnecessary and substantial burdens on volunteer-run community associations and threaten their ability to serve their residents effectively.
  • "We are asking the court to recognize the constitutional violations, overreach of federal powers, and equal protection violations related to the Corporate Transparency Act and community associations."
  • For more information on the lawsuit and how community associations can get involved or support CAI’s efforts, visit www.caionline.org/Advocacy/Priorities/CTA/Pages/landing.aspx .

Guidehouse Part of Successful SAIC Team in the Department of the Treasury's TCloud Contract Award

Retrieved on: 
Thursday, September 12, 2024
Growth, Veritas Capital, Department of the Treasury, Agility, SAIC, Face, Financial services, Treasury, Cryptocurrency

WASHINGTON, Sept. 11, 2024 /PRNewswire/ -- Guidehouse, a global consultancy providing advisory, digital, and managed services to the commercial and public sectors, has been awarded a contract by prime contractor Science Applications International Corp. (SAIC), in support of the U.S. Department of the Treasury's cloud contract called TCloud. SAIC was awarded the initial contract in 2023 to provide a complete range of cloud and professional services.

Key Points: 
  • SAIC was awarded the initial contract in 2023 to provide a complete range of cloud and professional services.
  • The TCloud contract supports the Treasury Department's adoption and transformation of a multi-cloud environment by centralizing management of the systems infrastructure, platform, and software-as-a-service by a single broker.
  • Guidehouse will provide professional services support for the project and drive adoption of the cloud, among other roles.
  • Guidehouse has supported the U.S. Department of the Treasury for over 15 years.

J.P. Morgan Payments Expands Oracle Partnership to Streamline Payments Across Treasury, Trade and Commerce

Retrieved on: 
Wednesday, September 11, 2024
Professional Services, Payments, Technology, Finance, Asset Management, Fintech, Banking, Cloud, ERP, Investment, POS, Working capital, Supply chain finance, Digital, Food, Oracle Cloud, Avis Budget Group, J. P. Morgan, Treasury, Partnership, Retail, Commerce, Sale, Application, Ecosystem, Cryptocurrency

J.P. Morgan Payments today announced new and enhanced product integrations connecting to the Oracle ecosystem, making it easier for clients to streamline their payments across treasury, trade and commerce.

Key Points: 
  • J.P. Morgan Payments today announced new and enhanced product integrations connecting to the Oracle ecosystem, making it easier for clients to streamline their payments across treasury, trade and commerce.
  • Since 2021, J.P. Morgan Payments and Oracle have been partnering to provide mutual corporate clients enhanced functionality and easier connectivity.
  • Commerce Suite: Streamline in-store merchant payments by connecting J.P. Morgan Payments’ in-store payment application with the Oracle Payment Interface to accept point-of-sale (POS) payments consistently across J.P. Morgan Payments’ terminals.
  • J.P. Morgan Payments is showcasing the new and enhanced product integrations at Oracle CloudWorld 2024 taking place Sept. 9-12 in Las Vegas.