Cathay United Bank

Call for Entries Issued for the 2024 Stevie® Awards for Great Employers

Retrieved on:

Monday, March 25, 2024

FAIRFAX, Va., March 25, 2024 /PRNewswire-PRWeb/ -- The Stevie® Awards has issued the call for entries for the ninth annual Stevie® Awards for Great Employers, which honor the world's best companies to work for and the human resources teams, professionals, suppliers, and new products and services that help to create and drive great places to work.

Key Points:

A multi-year sponsor of the Stevie Awards for Great Employers, HiBob is a modern HR Platform designed for modern business.
Winners in the 31 industry-specific Employer of the Year categories will be determined by a unique blend of public votes and professional ratings.
Categories have been added to and removed from the 2024 competition.
Five new HR Achievement Awards categories have been added; Achievement in Career Mobility, Achievement in Flexible and Hybrid Work Models, Achievement in Employer Branding, Achievement in Generative AI, and Achievement in Organizational Culture.

Cathay Financial Holdings Announces Its Digital Users Surpass 8.6 Million, Making Customers the Biggest Winners of Digital Transformation

Retrieved on:

Thursday, October 5, 2023

TAIPEI, Oct. 5, 2023 /PRNewswire/ -- As technology reshapes financial institutions worldwide, companies with strong technological capabilities are positioned to take the lead. Underscoring this important role technology is playing, Cathay Financial Holdings (Cathay FHC) recently held its Annual Conference on Technology on September 20, centering on the theme of "Integrating Technology for an Inclusive New Intelligence." Attracting over 2,000 participants both online and offline, this year's Conference focused on the "ABCDEs" of major technologies and trends — AI, Blockchain, Cloud, Data, and Ecosystems.

Key Points:

He also mentioned that digital transformation is an "endurance race with constantly changing goals and no finish line."
Having begun its major push for digital transformation eight years ago with the Digital Data and Technology Development Center (DDT), Cathay FHC has been empowering the digital, data, and technology sectors for some time.
As a result of these efforts, the total digital users across all businesses under the Cathay Group now exceed 8.6 million.
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SOURCE Cathay Financial Holdings Co., Ltd.

AM Best Affirms Credit Ratings of Cathay Century Insurance Company Limited

Retrieved on:

Thursday, September 28, 2023

Professional Services, Insurance, Finance, Communication, AM Best, Cathay United Bank, ALL, TWD, Risk management, Credit, Investment, Risk, Century, AM, News, DPW, Cathay

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Cathay Century Insurance Company Limited (Cathay Century) (Taiwan).

Key Points:

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Cathay Century Insurance Company Limited (Cathay Century) (Taiwan).
Cathay Century reported a significant net loss of TWD 19.6 billion in 2022, predominantly due to pandemic insurance claims.
AM Best views the pandemic insurance loss as a one-off event and Cathay Century should be able to return to profit making going forward via the traditionally profitable non-pandemic insurance underwriting and investment results.
For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .

Cathay Financial Holdings Demonstrates Sustainable Finance Leadership at World Biodiversity Summit during New York Climate Week alongside UNGA78

Retrieved on:

Wednesday, September 27, 2023

Cathay Financial Holdings (Cathay FHC) is closely monitoring emerging environmental trends, supporting international biodiversity initiatives, and taking concrete actions in its operations, financial products, and investments.

Key Points:

Cathay Financial Holdings (Cathay FHC) is closely monitoring emerging environmental trends, supporting international biodiversity initiatives, and taking concrete actions in its operations, financial products, and investments.
Furthermore, Cathay FHC's Chief Investment Officer, Sophia Cheng, once again engaged in discussions with leaders from various sectors at the "World Biodiversity Summit (WBS)," held alongside the 78th United Nations General Assembly's New York Climate Week.
Cathay FHC is proud to be the first Taiwanese company invited to participate for the second consecutive year, once again showcasing its leadership role in sustainability to the world.
Cheng shared how Cathay FHC has expanded its influence in sustainable finance through participation in international initiatives.

Winners Announced in 2023 Stevie Awards for Great Employers

Retrieved on:

Tuesday, September 19, 2023

FAIRFAX, Va., Sept. 19, 2023 (GLOBE NEWSWIRE) -- Winners in the 2023 Stevie® Awards for Great Employers , an international competition, were announced on Monday, September 18 during a gala event in New York City.

Key Points:

FAIRFAX, Va., Sept. 19, 2023 (GLOBE NEWSWIRE) -- Winners in the 2023 Stevie® Awards for Great Employers , an international competition, were announced on Monday, September 18 during a gala event in New York City.
The awards recognize the world's best employers and the human resources professionals, teams, achievements, and HR-related products and suppliers who help to create and drive great places to work.
A complete list of Gold, Silver, and Bronze Stevie Award winners by category is available at http://www.StevieAwards.com/HR .
The Stevie Awards for Great Employers recognize achievement in many facets of the workplace.

Stablecoin Studio, an open source SDK, now available on the Hedera network, enabling any organization to easily build stablecoin applications

Retrieved on:

Wednesday, September 13, 2023

SINGAPORE, Sept. 13, 2023 /PRNewswire/ -- Token 2049 -- Stablecoin Studio, an open-source stablecoin issuance and management toolkit that makes it easy for Web3 stablecoin platforms, institutional issuers, enterprises, and payment providers to build stablecoin applications using Hedera network services, is now available on the public Hedera network. Stablecoin Studio provides organizations worldwide with an all-in-one toolkit that enables stablecoin issuers to quickly configure, issue, and manage bespoke stablecoins on the Hedera network. The toolkit offers oracle-based proof-of-reserves functionality, commercial custody provider integration points, and easily configured KYC/AML compliance functionality. Made available by Hedera, Swirlds Labs, The HBAR Foundation, and ioBuilders, Stablecoin Studio is open sourced on Hedera under an Apache 2.0 license.

Key Points:

Stablecoin Studio provides organizations worldwide with an all-in-one toolkit that enables stablecoin issuers to quickly configure, issue, and manage bespoke stablecoins on the Hedera network.
Made available by Hedera, Swirlds Labs, The HBAR Foundation, and ioBuilders, Stablecoin Studio is open sourced on Hedera under an Apache 2.0 license.
"Having used Stablecoin Studio in our recent remittance POC, we are excited to see this toolkit released to the open source community.
We look forward to paving the way for the next stage of stablecoin development in the region, leveraging the groundbreaking Stablecoin Studio."

Stevie® Awards Announce Winners in 20th Annual International Business Awards® from Across the Globe

Retrieved on:

Thursday, August 17, 2023

FAIRFAX, Va., Aug. 17, 2023 /PRNewswire-PRWeb/ -- High-achieving organizations and executives around the world have been recognized as Gold, Silver, and Bronze Stevie® Award winners in The 20th Annual International Business Awards®, the world's only international, all-encompassing business awards program.

Key Points:

FAIRFAX, Va., Aug. 17, 2023 /PRNewswire-PRWeb/ -- High-achieving organizations and executives around the world have been recognized as Gold, Silver, and Bronze Stevie® Award winners in The 20th Annual International Business Awards® , the world's only international, all-encompassing business awards program.
The top winner of Gold, Silver, and Bronze Stevie Awards is IBM of Armonk, NY USA with 21.
Other winners of multiple Stevie Awards include HALKBANK, Istanbul, Turkey (20), Viettel Group, Hanoi, Vietnam (17), Telkom Indonesia, Jakarta, Indonesia (17), among others.
A complete list of all 2023 Gold, Silver and Bronze Stevie Award winners by category is available at http://www.StevieAwards.com/IBA .

Finalists in 2023 Stevie Awards for Great Employers Announced

Retrieved on:

Monday, August 7, 2023

FAIRFAX, Va., Aug. 7, 2023 /PRNewswire-PRWeb/ -- Finalists in the 2023 (eighth annual) Stevie® Awards for Great Employers, an international competition, were announced today. The awards recognize the world's best employers and the human resources professionals, teams, achievements, and HR-related products and suppliers who help to create and drive great places to work.

Key Points:

FAIRFAX, Va., Aug. 7, 2023 /PRNewswire-PRWeb/ -- Finalists in the 2023 (eighth annual) Stevie® Awards for Great Employers , an international competition, were announced today.
The awards recognize the world's best employers and the human resources professionals, teams, achievements, and HR-related products and suppliers who help to create and drive great places to work.
All finalists will ultimately be named Gold, Silver, or Bronze Stevie Award winners.
The Stevie Awards for Great Employers recognize achievement in many facets of the workplace.

Cathay Financial Holdings President Holds Discussions with The Climate Group on Net-Zero Experience and Challenges

Retrieved on:

Wednesday, August 2, 2023

TAIPEI, Aug. 2, 2023 /PRNewswire/ -- During London Climate Week, Chang-Ken Lee, the president of Cathay Financial Holdings (Cathay FHC), visited the Climate Group's headquarters in London, where he met with Mike Peirce, Executive Director, Systems Change of the Climate Group, Sam Kimmins, Director of Energy of the Climate Group and Head of RE100, and Oliver Wilson, RE100 Lead. They engaged in fruitful discussions, exchanging valuable insights on achieving net-zero carbon emissions by 2050, not only for Taiwan but also for the broader Asia region.

Key Points:

The Climate Group has expressed appreciation and recognition for Cathay FHC's unwavering commitment and contributions towards promoting 100% renewable energy adoption.
The Climate Group looks forward to collaborating with Cathay FHC and applauds their dedication to creating a greener and more sustainable Taiwan.
As the first financial institution in Taiwan to join RE100, Cathay FHC demonstrates a steadfast commitment to combat climate change and envisions a collaborative journey with the Climate Group towards building a greener and more resilient future.
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SOURCE Cathay Financial Holdings Co., Ltd.

Capital Product Partners L.P. Announces Second Quarter 2023 Financial Results

Retrieved on:

Friday, July 28, 2023

Total revenue for the quarter ended June 30, 2023, was $88.5 million, compared to $74.0 million during the second quarter of 2022.

Key Points:

Total revenue for the quarter ended June 30, 2023, was $88.5 million, compared to $74.0 million during the second quarter of 2022.
Total expenses for the quarter ended June 30, 2023, were $58.6 million, compared to $40.9 million in the second quarter of 2022.
Total vessel operating expenses during the second quarter of 2023 amounted to $23.5 million, compared to $16.4 million during the second quarter of 2022.
General and administrative expenses for the second quarter of 2023 amounted to $2.3 million, in line with the second quarter of 2022.