Financial services

NorthMarq adds Investment Sales experts in Los Angeles and central Florida debt and equity offices

Thursday, January 23, 2020 - 3:06pm

MINNEAPOLIS, Jan. 23, 2020 /PRNewswire/ -- NorthMarq added Investment Sales experts in Los Angeles and central Florida debt and equity offices, continuing the company's platform expansion across the U.S. With these two additions, the company's investment sales platform extends across the U.S., covering nine offices in eight states.

Key Points: 
  • MINNEAPOLIS, Jan. 23, 2020 /PRNewswire/ -- NorthMarq added Investment Sales experts in Los Angeles and central Florida debt and equity offices, continuing the company's platform expansion across the U.S. With these two additions, the company's investment sales platform extends across the U.S., covering nine offices in eight states.
  • In Los Angeles: Bryan Schellinger joins the company as managing director-Investment Sales, bringing nearly 10 years of investment sales with $1 billion in transaction history, most recently with Marcus & Millichap.
  • The Los Angeles team will collaborate with the recently opened debt and equity office managed by Ory Schwartz, as well as coordinate client services throughout Southern California.
  • As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets.

EQ Bank increases its Savings Plus Account interest rate to 2.45%

Thursday, January 23, 2020 - 2:00pm

TORONTO, Jan.23, 2020 /CNW/ - Today, EQ Bank , the digital platform offered by Equitable Bank (TSX: EQB and EQB.PR.C), Canada's Challenger Bank,announces an increase to its already high interest rate, by now offering 2.45% interest1 on the EQ Bank Savings Plus Account to all new and existing customers.

Key Points: 
  • TORONTO, Jan.23, 2020 /CNW/ - Today, EQ Bank , the digital platform offered by Equitable Bank (TSX: EQB and EQB.PR.C), Canada's Challenger Bank,announces an increase to its already high interest rate, by now offering 2.45% interest1 on the EQ Bank Savings Plus Account to all new and existing customers.
  • "From its inception, EQ Bank has always been on a mission that challenges traditional banking conventions to give Canadians the best value," says Andrew Moor, President and CEO of EQ Bank.
  • EQ Bank, the digital banking platform launched in 2016 by Equitable Bank (a federally regulated Schedule I bank), provides state-of-the-art digital banking services.
  • The EQ Bank Savings Plus Account reimagines banking by offering an everyday high interest rate plus the flexibility of a chequing account, with unlimited transactions, no everyday banking fees, no minimum balances, fast,cheap and fully transparent international money transfers and moreall from one account.

BMO Harris Bank Offers Zelle® to Commercial Banking Customers

Thursday, January 23, 2020 - 2:00pm

CHICAGO, Jan. 23, 2020 /PRNewswire/ -BMO Harris Bank continues to expand its digital banking capabilities for its commercial customers with their recent launch of Payments with Zelle.

Key Points: 
  • CHICAGO, Jan. 23, 2020 /PRNewswire/ -BMO Harris Bank continues to expand its digital banking capabilities for its commercial customers with their recent launch of Payments with Zelle.
  • The service is available for all U.S. based BMO Harris commercial banking customers.
  • Over the past year, BMO launched its Online Banking for Business mobile app, innovative biometric authentication and a cash flow forecasting tool for commercial banking clients.
  • BMO Harris Bank's commercial banking team provides a combination of sector expertise, local knowledge and mid-market focus throughout the United States.

Wells Fargo Foundation and NFWF Announce Release of the Resilient Communities Program 2020 Request for Proposals

Thursday, January 23, 2020 - 4:00pm

WASHINGTON D.C., Jan. 23, 2020 (GLOBE NEWSWIRE) -- The National Fish and Wildlife Foundation (NFWF) and Wells Fargo today announced the release of the 2020 Request for Proposals for the Resilient Communities program, which provides grant funding to enhance community capacity to plan and implement resiliency projects, and improve the protections afforded by natural ecosystems, by investing in conservation and nature-based infrastructure.

Key Points: 
  • WASHINGTON D.C., Jan. 23, 2020 (GLOBE NEWSWIRE) -- The National Fish and Wildlife Foundation (NFWF) and Wells Fargo today announced the release of the 2020 Request for Proposals for the Resilient Communities program, which provides grant funding to enhance community capacity to plan and implement resiliency projects, and improve the protections afforded by natural ecosystems, by investing in conservation and nature-based infrastructure.
  • Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets.
  • With approximately 260,000 team members, Wells Fargo serves one in three households in the United States.
  • News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories .

Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of LIZHI INC.

Thursday, January 23, 2020 - 3:30pm

Deutsche Bank is Germanys leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific.

Key Points: 
  • Deutsche Bank is Germanys leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific.
  • This notice has been approved and/or communicated by Deutsche Bank AG New York.
  • The services described in this notice are provided by Deutsche Bank Trust Company Americas (Deutsche Bank) or by its subsidiaries and/or affiliates in accordance with appropriate local registration and regulation.
  • No part of this notice may be copied or reproduced in any way without the prior written consent of Deutsche Bank.

Morgan Stanley Launches CashPlus: A Modern Alternative to Banking that Offers Better Ways to Manage Cash Activities

Thursday, January 23, 2020 - 4:00pm

Morgan Stanley today announced the launch of CashPlus, a new brokerage account that offers clients a modern alternative to banking.

Key Points: 
  • Morgan Stanley today announced the launch of CashPlus, a new brokerage account that offers clients a modern alternative to banking.
  • Both account types also offer access to Morgan Stanley Cards from American Express, created exclusively for Morgan Stanley clients.
  • Morgan Stanley Wealth Management is a business of Morgan Stanley Smith Barney LLC.
  • American Express may share information about your Card Account with Morgan Stanley in support of Morgan Stanley programs and services.

Ameriprise Financial Welcomes Family-run Independent Broker-dealer With $177 Million in Assets Under Management

Thursday, January 23, 2020 - 2:26pm

The team, led by veteran advisor Joan Seidel, moved to Ameriprise to leverage the firms technology tools and resources to serve clients.

Key Points: 
  • The team, led by veteran advisor Joan Seidel, moved to Ameriprise to leverage the firms technology tools and resources to serve clients.
  • More than 4,000 financial advisors have joined Ameriprise since 2008.1 To find out why experienced financial advisors are joining Ameriprise, visit joinameriprise.com .
  • At Ameriprise Financial, we have been helping people feel confident about their financial future for more than 125 years.
  • For more information, or to find an Ameriprise financial advisor, visit ameriprise.com .

MoneyGram Launches Account Deposit Service in Egypt

Thursday, January 23, 2020 - 1:52pm

The new agreement strengthens the company's presence in Egypt as MoneyGram now has access to the bank's wide network of correspondent banks throughout the world.

Key Points: 
  • The new agreement strengthens the company's presence in Egypt as MoneyGram now has access to the bank's wide network of correspondent banks throughout the world.
  • Suez Canal Bank will be able to connect to the innovative MoneyGram platform to offer the new account deposit services to all of its customers to provide them with enhanced, digitally-enabled convenience and an improved experience.
  • "As we execute our digital transformation to lead the industry in the digital movement of money, a key strategic priority is expanding account deposit services in major international markets," said Grant Lines, Chief Revenue Officer at MoneyGram.
  • "We're excited about how this partnership with Suez Canal Bank will provide our customers in Egypt with cutting-edge capabilities that offer the industry's best service."

Wells Fargo, Scholarship America Call for Veterans Seeking Scholarships, Grants

Thursday, January 23, 2020 - 12:50pm

Wells Fargo & Co. (NYSE: WFC) and Scholarship America seek applicants for the 202021 Veteran Scholarship and Emergency Grant Programs.

Key Points: 
  • Wells Fargo & Co. (NYSE: WFC) and Scholarship America seek applicants for the 202021 Veteran Scholarship and Emergency Grant Programs.
  • Wells Fargo is committed to assisting veterans and spouses of veterans with disabilities succeed in getting the education they need for the careers of their choice.
  • Scholarship America is proud to collaborate with Wells Fargo on its Veterans Scholarship and Veterans Emergency Grant Programs for the fifth consecutive year, said Robert C. Ballard, president and CEO of Scholarship America.
  • Since 2016, Wells Fargo and Scholarship America have awarded 99 scholarships and 177 emergency grants.

Commerce Bank and Visa Power Progressive Insurance Digital Claims Payment Solution

Thursday, January 23, 2020 - 11:00am

Commerce Bank announced today it has worked with Progressive to implement CommercePayments PreferPay for claims payments.

Key Points: 
  • Commerce Bank announced today it has worked with Progressive to implement CommercePayments PreferPay for claims payments.
  • CommercePayments PreferPay provides customers, claimants and service providers with multiple claims payment options including ACH, check, or direct-to-debit card via Visa Direct.
  • Commerces solution offers faster payment methods, while leveraging the knowledge of a financial organization to facilitate the payment.
  • Commerces solution brings value for both Progressive and their customers through this automated, easy-to-use technology, says Lenny Richileau, Vice President, Insurance Industry Consultant at Commerce Bank.