Financial services

Jefferies' Clients, Employees and Shareholders Contribute $4,000,000 AUD for Australia Wildfires Relief Efforts

Wednesday, January 22, 2020 - 11:45pm

Jefferies announced today a total donation of $4.0 million AUD to organizations providing needed assistance to victims of the wildfires in Australia.

Key Points: 
  • Jefferies announced today a total donation of $4.0 million AUD to organizations providing needed assistance to victims of the wildfires in Australia.
  • The firm's clients helped to generate $1.6 million AUD in donations through Asia Pacific trading commissions on January 22nd.
  • Voluntary donations from Jefferies 3,813 employees totaled $400,000 AUD and Jefferies as a firm matched these client and employee donations with an additional $2.0 million AUD.
  • We are proud of the entire Jefferies family and in particular, our newly expanded Pan Asian Team, for raising $4,000,000 AUD for relief efforts in Australia following the devastating wildfires, commented Rich Handler, CEO of Jefferies, and Brian Friedman, President.

Goldman Sachs BDC, Inc. Schedules Earnings Release and Conference Call to Announce Fourth Quarter and Fiscal Year 2019 Results

Wednesday, January 22, 2020 - 9:30pm

Goldman Sachs BDC, Inc. (GS BDC) (NYSE: GSBD) announced today that it will report its fourth quarter and fiscal year ended December 31, 2019 financial results after the market closes on Thursday, February 20, 2020.

Key Points: 
  • Goldman Sachs BDC, Inc. (GS BDC) (NYSE: GSBD) announced today that it will report its fourth quarter and fiscal year ended December 31, 2019 financial results after the market closes on Thursday, February 20, 2020.
  • GS BDC will also host an earnings conference call on Friday, February 21, 2020 at 9:00 am Eastern Time to discuss its financial results.
  • All participants are asked to dial in approximately 10-15 minutes prior to the call, and reference Goldman Sachs BDC, Inc. when prompted.
  • Please direct any questions regarding obtaining access to the conference call to Goldman Sachs BDC, Inc. Investor Relations, via e-mail, at gsbdc-investor-relations@gs.com .

Eagle Financial Services, Inc. Announces Quarterly Dividend

Wednesday, January 22, 2020 - 3:05pm

BERRYVILLE, Va., Jan. 22, 2020 /PRNewswire/ --Eagle Financial Services, Inc. (OTCQX: EFSI), the holding company for Bank of Clarke County, whose divisions include Eagle Investment Group, declared a regular cash dividend on January 22, 2020, of $0.26 per common share payable February 17, 2020 to shareholders of record on February 3, 2020.

Key Points: 
  • BERRYVILLE, Va., Jan. 22, 2020 /PRNewswire/ --Eagle Financial Services, Inc. (OTCQX: EFSI), the holding company for Bank of Clarke County, whose divisions include Eagle Investment Group, declared a regular cash dividend on January 22, 2020, of $0.26 per common share payable February 17, 2020 to shareholders of record on February 3, 2020.
  • The Bank of Clarke County offers a broad range of commercial banking, retail banking and trust and investment services through 12 bank branches located throughout Clarke and Frederick Counties, as well as the City of Winchester, Towns of Purcellville and Leesburg and Ashburn, VA.
  • The Company's common stock trades on the OTC Markets Group's OTCQX Market under the symbol EFSI.
  • View original content to download multimedia: http://www.prnewswire.com/news-releases/eagle-financial-services-inc-announces-quarterly-dividend-300991362.html

Rich Gardiner Transitions from Chief Investment Officer to Senior Advisor to The Johnson Company

Wednesday, January 22, 2020 - 2:00pm

NEW YORK, Jan. 22, 2020 /PRNewswire/ --The Johnson Company today announced Chief Investment Officer Richard Gardiner will be stepping down as CIO and transitioning to a new role as Senior Advisor this year.

Key Points: 
  • NEW YORK, Jan. 22, 2020 /PRNewswire/ --The Johnson Company today announced Chief Investment Officer Richard Gardiner will be stepping down as CIO and transitioning to a new role as Senior Advisor this year.
  • During Gardiner's tenure, the investment team successfully restructured the investment portfolio, outperformed its investment benchmarks, and implemented a new risk management and investment performance reporting system, among other accomplishments.
  • I look forward to serving as a Senior Advisor and to taking on new challenges," Gardiner said.
  • The Johnson Company, a private investment management company, was established in 1978 by Robert Wood "Woody" Johnson IV, the current United States ambassador to the United Kingdom.

Frost Investment Advisors Surpasses $5 Billion In Assets Under Management

Wednesday, January 22, 2020 - 2:00pm

SAN ANTONIO, Jan. 22, 2020 /PRNewswire/ --Frost Investment Advisors (FIA), the wholly owned subsidiary of Frost Bank that provides investment management services to Frost-managed mutual funds, institutions and individuals, announced this week that it has surpassed the milestone of having $5 billion in assets under management.

Key Points: 
  • SAN ANTONIO, Jan. 22, 2020 /PRNewswire/ --Frost Investment Advisors (FIA), the wholly owned subsidiary of Frost Bank that provides investment management services to Frost-managed mutual funds, institutions and individuals, announced this week that it has surpassed the milestone of having $5 billion in assets under management.
  • "Today the Frost fund family is celebrating the client and shareholder support that was so instrumental in helping Frost Investment Advisors grow," said Tom Stringfellow, president and chief investment officer at Frost Investment Advisors.
  • Frost Investment Advisors' family of funds provides clients with diversification by offering separate funds for equity and fixed income strategies.
  • As of December 31, 2019, the firm has $5.2 billion in assets under management, including the mutual fund assets referenced above.

Victory Bancorp, Inc. Announces Quarterly Cash Dividend

Wednesday, January 22, 2020 - 2:20pm

LIMERICK Pa., Jan. 22, 2020 (GLOBE NEWSWIRE) -- Victory Bancorp, Inc. (OTC-QX:VTYB) (the Company) today announced that its Board of Directors has declared a quarterly cash dividend of $0.05 per outstanding share of common stock.

Key Points: 
  • LIMERICK Pa., Jan. 22, 2020 (GLOBE NEWSWIRE) -- Victory Bancorp, Inc. (OTC-QX:VTYB) (the Company) today announced that its Board of Directors has declared a quarterly cash dividend of $0.05 per outstanding share of common stock.
  • The dividend will be paid on or about February 14, 2020, to stockholders of record as of the close of business on January 31, 2020.
  • The Victory Bancorp, Inc. is traded on the OTCQX market under the symbol VTYB (http://www.otcmarkets.com) and is the parent company of The Victory Bank, a Pennsylvania state-chartered commercial bank, headquartered in Limerick, Pennsylvania.
  • Victory provides high-quality banking services to small and mid-sized businesses and professionals through its two offices located in Montgomery and Berks Counties, Pennsylvania.

Fiduciary Trust to Acquire Pennsylvania Trust, Bolstering its National Footprint and Suite of Client Solutions

Wednesday, January 22, 2020 - 2:00pm

Pennsylvania Trust was also named by The Philadelphia Inquirer to the newspapers annual Top Workplaces listing last year.

Key Points: 
  • Pennsylvania Trust was also named by The Philadelphia Inquirer to the newspapers annual Top Workplaces listing last year.
  • Fiduciary Trust will provide Pennsylvania Trust with access to investment solutions and specialized services typically available only to institutional-sized investors, as well as in-depth research on securities and companies from a global team of analysts.
  • The agreement to acquire Pennsylvania Trust is the latest milestone in Fiduciary Trusts ongoing growth.
  • Fiduciary Trust Company International, a global wealth management firm, has served individuals, families, endowments and foundations since 1931.

ACH Network Volume Grows 8.1% in Final Quarter of 2019

Wednesday, January 22, 2020 - 1:15pm

HERNDON, Va., Jan. 22, 2020 /PRNewswire/ -- The ACH Network closed out 2019 with a strong final quarter featuring impressive growth across several areas, particularly Same Day ACH.

Key Points: 
  • HERNDON, Va., Jan. 22, 2020 /PRNewswire/ -- The ACH Network closed out 2019 with a strong final quarter featuring impressive growth across several areas, particularly Same Day ACH.
  • Fourth quarter ACH Network volume was 6.4 billion payments.
  • "The fourth quarter was the first full quarter in which the volume of Same Day ACH payments exceeded 1 million per day.
  • In 2018, there were 27 billion ACH payments, and more than $51 trillion in value moved across the ACH Network.

Stifel Announces 2020 Partnership With Financial Women’s Association

Wednesday, January 22, 2020 - 1:30pm

ST. LOUIS, Jan. 22, 2020 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced an agreement to serve as a 2020 Presidents Circle sponsor of the Financial Womens Association (FWA) of New York.

Key Points: 
  • ST. LOUIS, Jan. 22, 2020 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced an agreement to serve as a 2020 Presidents Circle sponsor of the Financial Womens Association (FWA) of New York.
  • Under this partnership, Stifel employees will have access to all FWA offerings, which include networking events, professional development programs, and service projects.
  • Stifel Financial Corp. (NYSE: SF) is a financial services holding company headquartered in St. Louis, Missouri, that conducts its banking, securities, and financial services business through several wholly owned subsidiaries.
  • The Financial Womens Association was established in 1956 to address key needs in the financial workforce by bringing together high achieving professionals from every sector of the financial world.

Clarion Partners Real Estate Income Fund Inc. (CPREIF) Announces Results of Tender Offer

Wednesday, January 22, 2020 - 1:00pm

Any questions about the tender offer should be directed to SS&C Technologies, Inc., the Information Agent for the tender offer, toll free at (844) 534-4627.

Key Points: 
  • Any questions about the tender offer should be directed to SS&C Technologies, Inc., the Information Agent for the tender offer, toll free at (844) 534-4627.
  • The fund is managed by Legg Mason Partners Fund Advisor, LLC (LMPFA), a wholly-owned subsidiary of Legg Mason, Inc., and is sub-advised by Clarion Partners, LLC, an affiliate of LMPFA.
  • Western Asset Management Company, LLC, an affiliate of LMPFA and Clarion Partners, is the funds securities sub-adviser.
  • Clarion Partners, an SEC registered investment adviser with FCA-authorized and FINRA member affiliates, has been a leading U.S. real estate investment manager for more than 37 years.