Resolution Trust Corporation

Secura/Isaac Group & First Financial Network Announce Strategic Alliance

Retrieved on: 
Monday, March 11, 2024
Longevity, Face, SIG, FDIC, Risk, Sale, First, Resolution Trust Corporation, RTC, Marketing, FFN, Fifth Third Bank, Bank

NEW YORK, March 11, 2024 /PRNewswire/ -- Secura/Isaac Group and First Financial Network today announced their new Advisory Alliance relationship to provide a single comprehensive suite of services to banks and other financial institutions. The collaboration will help financial institutions reduce risk and optimize their financial positions by providing services including regulatory advice and assistance, loan valuations, loan and asset sale strategies and balance sheet realignment.

Key Points: 
  • NEW YORK, March 11, 2024 /PRNewswire/ -- Secura/Isaac Group and First Financial Network today announced their new Advisory Alliance relationship to provide a single comprehensive suite of services to banks and other financial institutions.
  • First Financial Network (FFN) is recognized as an industry leader in the preparation, valuation, marketing and sale of commercial, residential, agricultural and consumer loans.
  • "I'm delighted to announce this important new alliance," said Bill Isaac, Chairman of Secura/Isaac Group.
  • "The Secura/Isaac Group and First Financial Network are composed of banking, regulatory and financial veterans with an unmatched depth of experience.

Trust Marketing Expands Leadership with Focus on Growth, Evolution, and Family

Retrieved on: 
Thursday, September 28, 2023
Energy Brands, Xavier University, NCAA, Resolution Trust Corporation, Marketing, Div, MBA, Congress, Primary education, Local, Sibling, American Advertising Federation, R, SVP, Coca-Cola, Radio, Commerce, University, Greater, LG Electronics, Stax, Metamucil, Procter & Gamble, Memphis-Shelby County Schools, Cumberland University, TRESemmé, Stax Records, Unilever, III, National Civil Rights Museum, African Americans, Southern University, Library, FOX, Tennis, Parent, Communication, Trust, Diageo, Electronics, General Motors, Partnership, Megan Thee Stallion, Cadillac, P&G, Popeyes, MC Lyte

Trust CEO/Founder Howard Robertson and COO/Founder Beverly Robertson proudly announce the appointments of son Ryan Robertson as Trust Marketing Corporate President and daughter Adrienne Robertson King as Trust Marketing Corporate Vice President.

Key Points: 
  • Trust CEO/Founder Howard Robertson and COO/Founder Beverly Robertson proudly announce the appointments of son Ryan Robertson as Trust Marketing Corporate President and daughter Adrienne Robertson King as Trust Marketing Corporate Vice President.
  • Howard and Beverly Robertson built Trust Marketing on the solid foundation of two impressive corporate careers in Memphis where they were both born.
  • Trust Marketing is built on over a century of their combined marketing, communications, and public/media/community relations experience.
  • Ryan Robertson, her youngest brother, has stellar marketing credentials, most recently as the SVP of Marketing for Group Black.

IntraFi Adds Two New Board Members, Further Deepening Industry Expertise

Retrieved on: 
Wednesday, October 12, 2022
Resolution Trust Corporation, Independent, Promontory Financial Group, Ethics, Income, Second City Firsts, Promontory, MDIS, Industry, Independent Community Bankers of America, Association, CEO, American Bankers Association, Federal Deposit Insurance Corporation, City, FDIC, Solution, Management, Bank

"I am proud of the addition of these two individuals to our board," said Mark Jacobsen , Cofounder and CEO of IntraFi, a leading fintech that specializes in liquidity management solutions for thousands of financial services firms.

Key Points: 
  • "I am proud of the addition of these two individuals to our board," said Mark Jacobsen , Cofounder and CEO of IntraFi, a leading fintech that specializes in liquidity management solutions for thousands of financial services firms.
  • "I've known and worked with both for many years and admire the depth and richness of their expertise in banking."
  • "IntraFi is a special company, providing valuable products for large and small financial institutions and their customers," said Bovenzi.
  • "Over the past two decades, I have observed a consistent focus on innovation and service to meet the needs of an evolving industry.

Jade Power Announces Proposed Sale of Its Renewable Energy Asset Portfolio

Retrieved on: 
Thursday, September 1, 2022
COO, CEO, Asset purchase agreement, MI, Maintenance, Renovatio imperii Romanorum, Administrator, Southcott Estates Inc v Toronto Catholic District School Board, The Meeting, GLOBE, Delisting, Board of directors, Multilateral, Purchasing, Minority, Euro, Resolution Trust Corporation, Sale, Board, CDN, Bill, Haywood, Fairness opinion, Purchase price allocation, Report of the Special Committee on the Termination of the National Emergency, Circular, Electricity, Acquisition, Czech Republic, Tax, Competition Authority, The Purchase Price, Unit, Committee, Intention, Compliance, TSX Venture Exchange, Wind, Life insurance, Online shopping, Security (finance), Holding company, Trust

Assuming the release to Jade Power of the Indemnity Escrow Amount in full, the Special Distributions shall be approximately CDN$75.6 million (or Euro 57.3 million), or approximately CDN$3.40 per Unit.

Key Points: 
  • Assuming the release to Jade Power of the Indemnity Escrow Amount in full, the Special Distributions shall be approximately CDN$75.6 million (or Euro 57.3 million), or approximately CDN$3.40 per Unit.
  • Each Special Distribution shall be made to the Unitholders of record as of the closing date of the Sale Transaction.
  • The Sale Transaction is subject to the approval of at least 66.6% of the votes cast by Unitholders at the Meeting.
  • As stated above, contemporaneous with or immediately following the completion of the Sale Transaction, the Trust intends to de-list the Units from trading on the TSXV.

Mineworx Announces Rights Offering and Share Consolidation

Retrieved on: 
Friday, July 8, 2022
TSX Venture Exchange, Platinum, FSE, GLOBE, Indian stock exchange, Public expenditure, Exercise, Growth, Eligibility, Circular, Palladium, Corporation, DRS, Resolution Trust Corporation, Clean technology, Share, The Meeting, Date, YRS, Security (finance), Rights, Meeting

Assuming the exercise of all Rights, the Rights Offering will raise gross proceeds ofup to $5,207,679.

Key Points: 
  • Assuming the exercise of all Rights, the Rights Offering will raise gross proceeds ofup to $5,207,679.
  • Complete details of the Rights Offering are set out in the Circular and the rights offering notice (the Notice), which are filed under the Corporations profile at www.sedar.com.
  • Registered Shareholders who wish to exercise their Rights must complete and forward the Rights DRS Advice and subscription form, together with applicable funds, to Computershare Investor Services Inc., the depositary for the Rights Offering, on or before the Expiry Time of the Rights Offering.
  • The proposed basis for the share consolidation is one (1) post-consolidation Common Share for up to every two (2) pre-consolidation Common Shares (the "Share Consolidation").

KINGSWAY ANNOUNCES EXPANSION OF BOARD - APPOINTMENT OF NEW DIRECTOR

Retrieved on: 
Friday, May 20, 2022
Canadian Securities Administrators, Company, U.S. Securities and Exchange Commission, Resolution Trust Corporation, Letter, EDGAR, Cornell University, COVID 19, Director, New, Risk, Audit committee, KFS, Ownership, Report, Securities Act of 1933, Securities Exchange Act of 1934, Intention, Time, Kingsway College, Board, College, Rathinam College of Arts and Science, Board of directors, Security (finance), Government, Chief executive officer, Science, COVID, NYSE, Annual report, Management

"We are excited to welcome Charlie to our Board," said Terence M. Kavanagh, Chairman of the Board of Directors.

Key Points: 
  • "We are excited to welcome Charlie to our Board," said Terence M. Kavanagh, Chairman of the Board of Directors.
  • "Charlie holds approximately 7% of Kingsway's common stock, bringing total Board and management ownership to approximately 63% of Kingsway's common stock.
  • "It is with great enthusiasm that I accept the appointment to Kingsway's Board of Directors," said Mr. Frischer.
  • "I've been following Kingsway very closely the past couple of years and have acquired my ownership stake over that time.

PJSC RusHydro: RusHydro Group announces 2021 IFRS results

Retrieved on: 
Saturday, March 5, 2022
Resolution Trust Corporation, Russian Union of Industrialists and Entrepreneurs, CCS, Coal, Income, Kaspersky bans and allegations of Russian government ties, Mission statement, CHPP, RUB, Depreciation, DGK, Transparency, Boguchansky, Company, UC, Budget, HPP, JSC, Heat, Transition metal complexes of aldehydes and ketones, Responsibility, PJSC, Primorsky, EBITDA, Natural gas, Electricity, Group, RusHydro, JV, Renewable energy, Bookkeeping, Retail, Far East

In 2021, the Group's net profit decreased by 9.7% to RUB 42,078 mn following recognition of impairment of property, plant & equipment, while adjusted net profit reached RUB 78,394 (+16.9%).

Key Points: 
  • In 2021, the Group's net profit decreased by 9.7% to RUB 42,078 mn following recognition of impairment of property, plant & equipment, while adjusted net profit reached RUB 78,394 (+16.9%).
  • ***** The Boguchanskaya hydropower plant is part of the Boguchanskiy Energy and Metals Complex (BEMO), a joint venture (JV) between RusHydro and UC RUSAL, and is not part of RusHydro Group.
  • According to RusHydro's shareholding in the JV (50%), the results of the plant are reported in the official financial statements in "Share of results of associates and jointly controlled entities".
  • RusHydro Group is the leading producer of renewable energy in Russia with total electricity generation capacity of 38.2 GW

Leading commercial mortgage risk management and transaction advisor Joseph Rubin joins the SeeCares advisory board, following on years of experience setting standards for transparency in commercial real estate lending

Retrieved on: 
Tuesday, January 11, 2022
Financial services, Partnership, Data, Resolution Trust Corporation, CEO, Ernst & Young, Advisory board, Time, Industry, Federal Reserve responses to the subprime crisis, Efficiency, Risk management, CRE, Ernst, Maiden Lane, Real estate, Federal Reserve, Bank

Joe is a former partner at Kenneth Leventhal & Co. and a former Senior Partner at Ernst & Young's Real Estate and Financial Services practices.

Key Points: 
  • Joe is a former partner at Kenneth Leventhal & Co. and a former Senior Partner at Ernst & Young's Real Estate and Financial Services practices.
  • He's worked with major commercial mortgage lenders to improve their underwriting and risk management and has provided support on hundreds of transactions.
  • Joe commented: "Joining the SeeCares advisory board is my next step in ensuring a liquid and efficient CRE loan market for the next decade.
  • Founded in 2019, SeeCares is an AI platform accelerating commercial real estate financing workflows by cutting out grunt work and increasing efficiency.

PJSC RusHydro: RusHydro Group announces 9M 2021 IFRS results

Retrieved on: 
Thursday, November 25, 2021
RUB, PJSC, Transition metal complexes of aldehydes and ketones, HPP, Income, Company, EBITDA, Kaspersky bans and allegations of Russian government ties, Depreciation, Group, Mission statement, Primorsky, Budget, JV, Program, Boguchansky, Resolution Trust Corporation, Coal, UC, DGK, RusHydro, S&P Global, CCS, DPM, JSC, Electricity, CHPP, Natural gas, Renewable energy, Bookkeeping, Security (finance)

In 9M 2021, the Group's net profit decreased by 13.3% to RUB 52,443 mn following absence of significant revaluations of the forward contract on the company's shares which was accounted for in 9M 2020.

Key Points: 
  • In 9M 2021, the Group's net profit decreased by 13.3% to RUB 52,443 mn following absence of significant revaluations of the forward contract on the company's shares which was accounted for in 9M 2020.
  • RusHydro Group began construction of 23.4 MW Cherekskaya small HPP (earlier Psygansu small HPP) in Kabardino-Balkarian Republic.
  • *****The Boguchanskaya hydropower plant is part of the Boguchanskiy Energy and Metals Complex (BEMO), a joint venture (JV) between RusHydro and UC RUSAL, and is not part of RusHydro Group.
  • RusHydro Group is the leading producer of renewable energy in Russia with over 400 generating facilities.

FHLBank San Francisco Names Anne Segrest McCulloch Chief Legal Officer

Retrieved on: 
Tuesday, November 9, 2021
Economic development, Fannie Mae, Industry, Federal Home Loan Banks, Retirement, SAN, CEO, Tulane University, Insurance, Housing, Federal Deposit Insurance Corporation, United, Resolution Trust Corporation, Privacy Office of the U.S. Department of Homeland Security, Partnership, Bank, GLOBE, U.S. Department of Housing and Urban Development, Office of Inspector General, McCulloch, United States, Management

SAN FRANCISCO, Nov. 09, 2021 (GLOBE NEWSWIRE) -- The board of directors of the Federal Home Loan Bank of San Francisco (FHLBank San Francisco) has appointed Anne Segrest McCulloch executive vice president, chief legal officer and corporate secretary, effective November 18, 2021.

Key Points: 
  • SAN FRANCISCO, Nov. 09, 2021 (GLOBE NEWSWIRE) -- The board of directors of the Federal Home Loan Bank of San Francisco (FHLBank San Francisco) has appointed Anne Segrest McCulloch executive vice president, chief legal officer and corporate secretary, effective November 18, 2021.
  • Annes understanding of the legal and regulatory landscape facing the housing industry coupled with her deep history of leveraging legal strategies to expand affordable housing options will be an asset to the Bank and our entire member base, said Teresa Bryce Bazemore, president and CEO of FHLBank San Francisco.
  • Throughout her tenure, she has provided solid legal counsel and problem-solving strategies that have positioned us for the future, said Bazemore.
  • As chief legal officer, Ms. McCulloch will be responsible for providing legal counsel to the Banks management and board of directors, including advising on regulatory matters affecting the development and execution of the Banks business strategies, policies, and practices.