Farmer's and Manufacturer's Bank

Manufacturers Bank Celebrates Its 60th Anniversary

Retrieved on: 
Monday, December 12, 2022
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Manufacturers Bank celebrated its 60th anniversary on November 16, 2022, with 300 clients, dignitaries, community leaders, and colleagues from the bank, parent company SMBC, and Jenius Bank, a recently announced digital consumer banking division of Manufacturers Bank that will launch in 2023.

Key Points: 
  • Manufacturers Bank celebrated its 60th anniversary on November 16, 2022, with 300 clients, dignitaries, community leaders, and colleagues from the bank, parent company SMBC, and Jenius Bank, a recently announced digital consumer banking division of Manufacturers Bank that will launch in 2023.
  • View the full release here: https://www.businesswire.com/news/home/20221212005102/en/
    To mark its 60th anniversary, the bank also made a $60,000 contribution recognizing two community organizations (Photo: Business Wire)
    Founded in 1962, Manufacturers Bank opened primarily serving the Los Angeles apparel industry.
  • Manufacturers Bank shared a preview of Jenius Bank, a 100% digital bank that will provide consumers personalized insights, delivering on the promise of smarter banking for a richer life.
  • Headquartered in Los Angeles, California, Manufacturers Bank is a subsidiary of SMBC Americas Holdings, Inc., a bank holding company wholly owned by SMBC.

SMBC Nikko Securities America, Inc. Appoints Raffi Dawson as Managing Director, Head of Structured Finance Group

Retrieved on: 
Tuesday, November 8, 2022
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SMBC Nikko Securities America, Inc., a member of SMBC Group, today announced that Raffi Dawson has joined the firm as Managing Director, Head of Structured Finance Group.

Key Points: 
  • SMBC Nikko Securities America, Inc., a member of SMBC Group, today announced that Raffi Dawson has joined the firm as Managing Director, Head of Structured Finance Group.
  • We are very excited to welcome Raffi to SMBC Nikko to lead our Structured Finance group, said Scott Ashby.
  • About SMBC Nikko Securities America, Inc.
    SMBC Nikko Securities America, Inc. is a member of SMBC Group, one of the worlds largest global financial institutions.
  • SMBC Nikko Securities America, Inc. caters to institutional investors such as mutual funds, hedge funds, and other investment advisors.

Manufacturers Bank Appoints Fred Mirzaian Executive Vice President and Chief Operating Officer

Retrieved on: 
Thursday, October 27, 2022
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Manufacturers Bank, a member of SMBC Group, today announced the appointment of Fred Mirzaian as Executive Vice President and Chief Operating Officer.

Key Points: 
  • Manufacturers Bank, a member of SMBC Group, today announced the appointment of Fred Mirzaian as Executive Vice President and Chief Operating Officer.
  • He reports to Sander Pruijs, President of Manufacturers Bank, and is a member of the Manufacturers Bank Management Committee.
  • Fred will report functionally to Debbie Freer, Chief Operating Officer of SMBC Group in the Americas.
  • Headquartered in Los Angeles, California, Manufacturers Bank is a subsidiary of SMBC Americas Holdings, Inc., a bank holding company wholly owned by Sumitomo Mitsui Banking Corporation.

SMBC Continues Growth With New Human Resources, Strategy & Transformation Appointments

Retrieved on: 
Wednesday, October 19, 2022
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SMBC, a member of SMBC Group, announced today the appointment of Robin Milberg as Chief Human Resources Officer (CHRO) and Paul Sweeney as Head of Strategy & Transformation.

Key Points: 
  • SMBC, a member of SMBC Group, announced today the appointment of Robin Milberg as Chief Human Resources Officer (CHRO) and Paul Sweeney as Head of Strategy & Transformation.
  • This hands-on, relationship-based approach differentiates us, but is also predicated on a skilled and engaged workforce following and building upon a common strategy.
  • Pauls approach to strategy and transformation epitomizes a comprehensive and effective approach focused on execution, added Freer.
  • In this role, he led this groups transformation through the identification and delivery of functional enhancements that support SMBCs business strategy.

SMBC Appoints Rick Davison as Chief Financial Officer

Retrieved on: 
Tuesday, October 4, 2022
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SMBC, a member of SMBC Group, today announced the appointment of Rick Davison as Chief Financial Officer for the Americas.

Key Points: 
  • SMBC, a member of SMBC Group, today announced the appointment of Rick Davison as Chief Financial Officer for the Americas.
  • Hirofumi Otsuka, CEO of SMBC Group in the Americas and President & CEO of SMBC Americas Holdings, Inc., said, Rick brings to SMBC a superior track record of delivering results and creating and enhancing business and shareholder value.
  • Rick will be a strong partner as we execute our strategic plan and improve our operating results to position SMBC for sustainable, long-term growth.
  • Prior to joining SMBC, Rick was the U.S. Chief Financial Officer for the Royal Bank of Canada (RBC), where he was responsible for providing primary oversight in the U.S. on all finance-related areas, including capital adequacy, financial planning, financial and regulatory reporting, and general business advisory.

SMBC Leads and Closes a $1.28 Billion Data Center Project Financing for QTS Realty Trust

Retrieved on: 
Tuesday, September 27, 2022
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SMBC, a member of SMBC Group, led and closed a $1.28 billion financing for QTS Realty Trust, LLC (QTS) to design and construct a new state-of-the-art data center campus.

Key Points: 
  • SMBC, a member of SMBC Group, led and closed a $1.28 billion financing for QTS Realty Trust, LLC (QTS) to design and construct a new state-of-the-art data center campus.
  • The transaction is in addition to a June 2022 financing for a separate data center campus for QTS.
  • For this transaction, SMBC also served as Sole Coordinating Lead Arranger, Sole Bookrunner, Green Loan Coordinator, and Administrative Agent.
  • QTS Realty Trust, LLC is a leading provider of data center solutions across a diverse footprint spanning more than 9 million square feet of owned mega scale data center space within North America and Europe.

SMBC Nikko Securities America Appoints Joseph A. LaVorgna as New Chief Economist

Retrieved on: 
Wednesday, September 14, 2022
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SMBC Nikko Securities America, Inc., a member of SMBC Group, announced today the appointment of Joseph (Joe) A. LaVorgna as Managing Director and Chief Economist.

Key Points: 
  • SMBC Nikko Securities America, Inc., a member of SMBC Group, announced today the appointment of Joseph (Joe) A. LaVorgna as Managing Director and Chief Economist.
  • About SMBC Nikko Securities America, Inc.
    SMBC Nikko Securities America, Inc. is a member of SMBC Group, one of the worlds largest global financial institutions.
  • Based in New York City, SMBC Nikko Securities America, Inc. provides investment securities and other financial services to corporate and institutional clients, focusing on North America and Latin America.
  • SMBC Groups operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Nikko Securities Canada, Ltd., SMBC Capital Markets, Inc., SMBC Rail Services LLC, Manufacturers Bank, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd. For more information, please visit www.smbcgroup.com .

SMBC Nikko Securities America, Inc. Debt Capital Markets Team Hires Senior Level Bankers; Amanda Boggs and Kashif M. Malik Join as Managing Directors

Retrieved on: 
Tuesday, September 13, 2022
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SMBC Nikko Securities America, Inc., a member of SMBC Group, today announced that Amanda Boggs and Kashif M. Malik have joined the firm as Managing Directors, Debt Capital Markets.

Key Points: 
  • SMBC Nikko Securities America, Inc., a member of SMBC Group, today announced that Amanda Boggs and Kashif M. Malik have joined the firm as Managing Directors, Debt Capital Markets.
  • We are very excited to welcome Amanda and Kashif to our Debt Capital Markets team, said Scott Ashby.
  • Amanda joins SMBC Nikko Securities America, Inc. from Citigroup, where she spent the past 21 years, most recently as a Managing Director, Fixed Income Capital Markets.
  • Kashif joins SMBC Nikko Securities America, Inc. from Credit Suisse, where he spent the past 12 years, most recently as a Managing Director, Debt Capital Markets.

SMBC Group to Launch Jenius Bank™, a New Digital Consumer Banking Business in the U.S.

Retrieved on: 
Wednesday, August 24, 2022
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Sumitomo Mitsui Financial Group, Inc. ("SMFG, President and Group CEO Jun Ohta, together with subsidiaries SMBC Group) announced today that it will strengthen its presence in the U.S. with a new digital consumer banking business.

Key Points: 
  • Sumitomo Mitsui Financial Group, Inc. ("SMFG, President and Group CEO Jun Ohta, together with subsidiaries SMBC Group) announced today that it will strengthen its presence in the U.S. with a new digital consumer banking business.
  • Jenius Bank will launch and operate as a new division of Manufacturers Bank, a California state-chartered bank that is a wholly-owned subsidiary of SMBC Group.
  • Built on one of the most modern banking platforms in the industry, Jenius Bank will offer a 100% digital banking experience that delivers on the promise of smarter banking for a richer life.
  • The new digital consumer banking business is another tangible example of SMBC Groups focus and commitment to further enhancing its customer service, said President and Group CEO Jun Ohta.

SMBC Latin America Closes Landmark Renewables Transaction With $710 Million Bond Issuance, One of the Largest Private Placement in Region’s Recent History

Retrieved on: 
Tuesday, August 23, 2022
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SMBC and SMBC Nikko Securities America, Inc., members of SMBC Group, announced the completed execution of one the largest private placements in Latin America in recent history, refinancing Innergexs Chilean platform, with several businesses playing integral roles in the deals success.

Key Points: 
  • SMBC and SMBC Nikko Securities America, Inc., members of SMBC Group, announced the completed execution of one the largest private placements in Latin America in recent history, refinancing Innergexs Chilean platform, with several businesses playing integral roles in the deals success.
  • We want to thank everyone involved for their hard work resulting in another successful transaction, further strengthening our teams leadership in Project and Structured Finance in Latin America.
  • SMBC Nikko Securities America, Inc. closed its first buy-side transaction in Latin America on June 9, acting as an exclusive buy-side advisor on a $686MM deal for Innergex Renewable Energy Inc. (Innergex).
  • Private Placement; SMBC Group also acted as exclusive financial advisor for the refinancing, Green Bond Coordinator, and sole issuing bank of reserve account letters of credits required under the bond.