HSBC

Unlimited Builds Out C-Suite, Appointing Hedge Fund Veteran John K. E. Morris as Chief Commercial Officer

Retrieved on: 
Wednesday, March 6, 2024

NEW YORK, March 06, 2024 (GLOBE NEWSWIRE) -- Unlimited , an alternative investment firm seeking to democratize private markets, is pleased to announce the appointment of hedge fund veteran John K. E. Morris as Chief Commercial Officer.

Key Points: 
  • NEW YORK, March 06, 2024 (GLOBE NEWSWIRE) -- Unlimited , an alternative investment firm seeking to democratize private markets, is pleased to announce the appointment of hedge fund veteran John K. E. Morris as Chief Commercial Officer.
  • Morris’ addition to Unlimited’s C-Suite will help the firm broaden its reach into the institutional market.
  • Morris joins Unlimited from Blue Water Advisors, where he served as a Managing Director and led the firm’s private equity capital markets operations.
  • Unlimited builds investment vehicles that offer lower-cost access to 2 & 20-style alternative investment strategies to both retail and institutional investors.

WOO X appoints ex-Credit Suisse lead as Chief Product Officer

Retrieved on: 
Friday, March 1, 2024

MAHÉ, Seychelles, March 01, 2024 (GLOBE NEWSWIRE) -- WOO X , a global centralized crypto futures and spot trading platform offering the best-in-class liquidity and price execution, announces the appointment of Bryan Chu as Chief Product Officer (CPO).

Key Points: 
  • MAHÉ, Seychelles, March 01, 2024 (GLOBE NEWSWIRE) -- WOO X , a global centralized crypto futures and spot trading platform offering the best-in-class liquidity and price execution, announces the appointment of Bryan Chu as Chief Product Officer (CPO).
  • With a decade of experience spanning traditional finance and crypto trading, Chu brings a wealth of expertise to his new role, where he will spearhead the overall product strategy at WOO X.
  • “We are delighted to appoint Bryan Chu as our new chief product officer,” said Willy Chuang, chief operating officer (COO) of WOO X.
  • Chu's appointment underscores WOO X's commitment to transparency, innovation, and excellence in decentralized finance.”
    To learn more about WOO X, download our app or visit our WOO X

LKQ Corporation Announces Pricing of €750,000,000 Senior Notes

Retrieved on: 
Wednesday, February 28, 2024

CHICAGO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ), together with its indirect, wholly-owned subsidiary, LKQ Dutch Bond B.V., a private company with limited liability (besloten vennootschap met beperkte aansprakelijkheid) incorporated under the laws of The Netherlands (“LKQ Finance”) announced today that it has priced an offering by LKQ Finance of €750,000,000 aggregate principal amount of 4.125% senior notes due 2031 (the “notes”).

Key Points: 
  • CHICAGO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ), together with its indirect, wholly-owned subsidiary, LKQ Dutch Bond B.V., a private company with limited liability (besloten vennootschap met beperkte aansprakelijkheid) incorporated under the laws of The Netherlands (“LKQ Finance”) announced today that it has priced an offering by LKQ Finance of €750,000,000 aggregate principal amount of 4.125% senior notes due 2031 (the “notes”).
  • The offering is expected to close on or about March 13, 2024, subject to the satisfaction of customary closing conditions.
  • The notes will be fully and unconditionally guaranteed on a senior unsecured basis by the Company and certain of the Company’s U.S. subsidiaries (the “guarantees”).
  • LKQ Finance intends to use the net proceeds from the offering of the notes, together with cash on hand, to (i) pay outstanding indebtedness, including the redemption of all of the outstanding €500,000,000 aggregate principal amount of the 3.875% senior notes due 2024 issued by the Company’s indirect wholly-owned subsidiary, LKQ Italia Bondco di LKQ Italia Bondco GP S.r.l e C.S.A.P.A.

WTW Prices Offering of $750,000,000 of Senior Notes

Retrieved on: 
Wednesday, February 28, 2024

LONDON, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Willis Towers Watson Public Limited Company (NASDAQ: WTW) (the “Company” or “WTW”), a leading global advisory, broking and solutions company, today announced the pricing of a registered offering (the “Offering”) by Willis North America Inc. (“Willis North America”), an indirect wholly-owned subsidiary of the Company, of $750,000,000 aggregate principal amount of 5.900% senior unsecured notes due 2054 (the “notes”).

Key Points: 
  • LONDON, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Willis Towers Watson Public Limited Company (NASDAQ: WTW) (the “Company” or “WTW”), a leading global advisory, broking and solutions company, today announced the pricing of a registered offering (the “Offering”) by Willis North America Inc. (“Willis North America”), an indirect wholly-owned subsidiary of the Company, of $750,000,000 aggregate principal amount of 5.900% senior unsecured notes due 2054 (the “notes”).
  • The Company expects the Offering to close on March 5, 2024, subject to the satisfaction of customary closing conditions.
  • Willis North America intends to use the net proceeds of the Offering to (i) repay approximately $650 million aggregate principal amount of the 3.600% Senior Notes due 2024 and related accrued interest, when due, which will result in the repayment in full of the 3.600% Senior Notes due 2024, and (ii) for general corporate purposes.
  • The Offering was made pursuant to an effective shelf registration statement on file with the Securities and Exchange Commission.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of HSBC Holdings plc - HSBC

Retrieved on: 
Wednesday, February 28, 2024

NEW YORK, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of HSBC Holdings plc (“HSBC” or the “Company”) (NYSE: HSBC).

Key Points: 
  • NEW YORK, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of HSBC Holdings plc (“HSBC” or the “Company”) (NYSE: HSBC).
  • The investigation concerns whether HSBC and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.
  • The Firm has recovered billions of dollars in damages awards on behalf of class members.

City National Bank Names Adey Tesfaye as Head of Community Reinvestment Act (CRA) Department

Retrieved on: 
Monday, February 26, 2024

LOS ANGELES, Feb. 26, 2024 (GLOBE NEWSWIRE) -- City National Bank has named Adey Tesfaye as the new head of its Community Reinvestment Act (CRA) department.

Key Points: 
  • LOS ANGELES, Feb. 26, 2024 (GLOBE NEWSWIRE) -- City National Bank has named Adey Tesfaye as the new head of its Community Reinvestment Act (CRA) department.
  • City National is committed to investing in its communities through its CRA initiatives that include providing loans and investments for affordable housing and economic development.
  • “Adey’s wealth of experience in community reinvestment will help City National make a significant impact through our community development initiatives in areas that need it most,” said David Cameron, executive vice president of Personal & Business Banking, City National Bank.
  • Prior to City National, she worked at Sterling Bank & Trust, where she served as senior vice president and CRA officer.

Hazelcast Achieves Record Year with Leading Brands Choosing its Platform for Application Modernization, AI Initiatives

Retrieved on: 
Thursday, February 22, 2024

More recently, Hazelcast earned broad industry recognition from analysts , including Forrester, as a leader in the emerging unified real-time data processing category.

Key Points: 
  • More recently, Hazelcast earned broad industry recognition from analysts , including Forrester, as a leader in the emerging unified real-time data processing category.
  • Analysts identified Hazelcast’s strengths in data enrichment, resilience, and throughput, which are critical to enterprise AI efforts.
  • Hazelcast Platform is unlike other streaming data platforms because its “strategic innovation lies in also providing an extremely low-latency transactional platform.
  • Rather than ripping and replacing existing infrastructure, the Hazelcast Platform fits within the existing stack to enable ultra-fast storage and compute.

AllBright Alliance Welcomes Industry Powerhouses—British Airways, Guggenheim Investments and Tapestry (Coach, Kate Spade, Stuart Weitzman)—as It Marks a Year of Substantial Growth and Gender Equity Impact

Retrieved on: 
Friday, March 8, 2024

The milestone comes one year after the programme's inception, highlighting a period of significant growth and impact in supporting gender equity across the world.

Key Points: 
  • The milestone comes one year after the programme's inception, highlighting a period of significant growth and impact in supporting gender equity across the world.
  • With the addition of these new partners, AllBright Alliance now reaches over 750,000 employees across various sectors.
  • “We are thrilled to be partnering with AllBright, underscoring our significant commitment to strengthening gender equality in the workplace,” said Dina DiLorenzo, Co-President of Guggenheim Investments.
  • This helps us become a more sustainable organisation and further reduce our gender pay gap.”
    For more information on AllBright Alliance visit www.allbrightcollective.com/business ; or for interview/ further commentary, contact [email protected]

Goldman Sachs BDC, Inc. Prices Public Offering of $400 Million of 6.375% Unsecured Notes Due 2027

Retrieved on: 
Wednesday, March 6, 2024

Goldman Sachs BDC, Inc. (the “Company”) (NYSE: GSBD) announced today that it has priced an offering of $400 million aggregate principal amount of 6.375% notes due 2027 (the “2027 Notes”).

Key Points: 
  • Goldman Sachs BDC, Inc. (the “Company”) (NYSE: GSBD) announced today that it has priced an offering of $400 million aggregate principal amount of 6.375% notes due 2027 (the “2027 Notes”).
  • The 2027 Notes will mature on March 11, 2027 and may be redeemed in whole or in part at the Company’s option at any time at par plus a “make-whole” premium, if applicable.
  • The Company intends to use the net proceeds of this offering to pay down debt under its revolving credit facility.
  • The offering is subject to customary closing conditions, and the 2027 Notes are expected to be delivered on or about March 11, 2024.

 Wolters Kluwer wins Best Regulatory Compliance Solution for IFRS 9 at the RegTech Insight APAC Awards

Retrieved on: 
Wednesday, March 6, 2024

Wolters Kluwer, a global leader in professional information, software solutions and services, today announced that its Finance, Risk and Regulatory Reporting (FRR) business has been recognized by RegTech Insight, with OneSumX winning the Best Regulatory Compliance Solution for IFRS 9, in its APAC Awards, 2024.

Key Points: 
  • Wolters Kluwer, a global leader in professional information, software solutions and services, today announced that its Finance, Risk and Regulatory Reporting (FRR) business has been recognized by RegTech Insight, with OneSumX winning the Best Regulatory Compliance Solution for IFRS 9, in its APAC Awards, 2024.
  • Angela Wilbraham, CEO at A-Team Group, and host of the 2nd annual RegTech Insight Awards APAC 2024, commented: “These awards celebrate providers of leading RegTech solutions, services and consultancy across Asia-Pacific.
  • The winners were selected by A-Team Group’s RegTech Insight community and demonstrated exceptional creativity in building solutions that solve regulatory challenges.
  • Our congratulations go to Wolters Kluwer for winning Best Regulatory Compliance Solution for IFRS 9.”
    Wolters Kluwer also won the RegTech Insight honor in 2022 .