Financial services

Boston Private Names Allison Baird Chief Marketing Officer

Monday, January 13, 2020 - 2:00pm

Boston Private , a leading provider of integrated wealth management, trust, and commercial and private banking services, today announced the appointment of Allison Baird as Chief Marketing Officer.

Key Points: 
  • Boston Private , a leading provider of integrated wealth management, trust, and commercial and private banking services, today announced the appointment of Allison Baird as Chief Marketing Officer.
  • A seasoned leader with deep expertise in wealth management, banking, retirement and asset management, Ms. Baird joined Boston Private in 2016 as Senior Vice President of Marketing and Client Development to lead strategic programs designed to drive awareness and affinity among Boston Private clients and prospects.
  • Allison is an innovative, data-driven marketer and her many talents will help Boston Private communicate the benefits of our bespoke, client-first approach, said Anthony DeChellis, CEO of Boston Private.
  • Boston Private is the corporate brand of Boston Private Financial Holdings, Inc. (NASDAQ: BPFH).

Regions Financial Corporation Declares Series C Preferred Stock Dividend

Monday, January 13, 2020 - 2:00pm

The Regions Financial Corporation (NYSE:RF) Board of Directors today declared a cash dividend of $14.25 per share of Series C Preferred Stock outstanding (equivalent to approximately $0.35625 per depositary share), payable on Feb. 18, 2020, to stockholders of record at the close of business on Feb. 3, 2020.

Key Points: 
  • The Regions Financial Corporation (NYSE:RF) Board of Directors today declared a cash dividend of $14.25 per share of Series C Preferred Stock outstanding (equivalent to approximately $0.35625 per depositary share), payable on Feb. 18, 2020, to stockholders of record at the close of business on Feb. 3, 2020.
  • Regions Financial Corporation (NYSE:RF), with $128 billion in assets, is a member of the S&P 500 Index and is one of the nations largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services.
  • Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,500 banking offices and 2,000 ATMs.
  • Additional information about Regions and its full line of products and services can be found at www.regions.com .

First Republic Bank Puts Clients First in Move to FIS Core Banking Platform

Monday, January 13, 2020 - 2:00pm

Financial technology leader FIS (NYSE: FIS) announced today that First Republic Bank, a leading provider of private banking, private business banking and wealth management services, has selected the FIS IBS platform as part of a core banking modernization program.

Key Points: 
  • Financial technology leader FIS (NYSE: FIS) announced today that First Republic Bank, a leading provider of private banking, private business banking and wealth management services, has selected the FIS IBS platform as part of a core banking modernization program.
  • In choosing the FIS IBS core platform, First Republic Bank gains a proven core processing platform that is widely used within the dynamic U.S. financial services market.
  • The new FIS solution will provide expanded functionality and data analytics to serve the specific needs of First Republic clients.
  • We are extremely excited to welcome First Republic Bank to the growing roster of FIS core processing clients, said Rob Lee, head of Digital and Banking at FIS.

ROTH Capital Partners Bolsters its Healthcare Franchise with Key Hires

Friday, January 10, 2020 - 7:55pm

ROTH Capital Partners (ROTH), www.roth.com , a full service investment bank focused on serving emerging growth companies and their investors, is pleased to announce the following hires to its healthcare equity research, investment banking and institutional sales teams.

Key Points: 
  • ROTH Capital Partners (ROTH), www.roth.com , a full service investment bank focused on serving emerging growth companies and their investors, is pleased to announce the following hires to its healthcare equity research, investment banking and institutional sales teams.
  • Jeff Smith, Ph.D., has joined ROTH as a Managing Director in the Healthcare Investment banking team.
  • We look forward to working with these highly experienced additions to our healthcare team, said Byron Roth, CEO of ROTH Capital Partners.
  • ROTH Capital Partners, LLC (ROTH), is a relationship-driven investment bank focused on serving emerging growth companies and their investors.

Luther Burbank Corporation Announces Fourth Quarter 2019 Earnings Release and Conference Call Dates

Friday, January 10, 2020 - 6:00pm

Luther Burbank Corporation is a publicly owned company traded on the NASDAQ Capital Market under the symbol LBC.

Key Points: 
  • Luther Burbank Corporation is a publicly owned company traded on the NASDAQ Capital Market under the symbol LBC.
  • The Company is headquartered in Santa Rosa, California with total assets of $7.2 billion, total loans of $6.3 billion and total deposits of $5.4 billion as of September 30, 2019.
  • It operates primarily through its wholly-owned subsidiary, Luther Burbank Savings, an FDIC insured, California-chartered bank.
  • Luther Burbank Savings executes on its mission to improve the financial future of customers, employees and shareholders by providing personal banking and business banking services.

Moelis & Company to Announce Full Year and Fourth Quarter 2019 Financial Results and Host a Conference Call on February 5, 2020

Friday, January 10, 2020 - 5:15pm

Moelis & Company (NYSE: MC), a leading global independent investment bank, will release its full year and fourth quarter 2019 financial results after the market closes on Wednesday, February 5, 2020.

Key Points: 
  • Moelis & Company (NYSE: MC), a leading global independent investment bank, will release its full year and fourth quarter 2019 financial results after the market closes on Wednesday, February 5, 2020.
  • Ken Moelis, Chairman and Chief Executive Officer, and Joe Simon, Chief Financial Officer, will also host a related conference call at 5:00pm ET on the same day (February 5, 2020) to review the financial results.
  • Investors and analysts may participate in the live conference call by dialing 1-877-510-3938 (domestic) or 1-412-902-4137 (international) and referencing the Moelis & Company Fourth Quarter 2019 Earnings Call.
  • The conference call will also be accessible as a listen-only audio webcast through the Investor Relations section of the Moelis & Company website at www.moelis.com .

Hon. Lisa Raitt to join CIBC as Vice-Chair, Global Investment Banking

Friday, January 10, 2020 - 3:00pm

TORONTO, Jan. 10, 2020 /CNW/ - CIBC (TSX: CM) (NYSE: CM) today announced that the Honourable Lisa Raitt will be joining the bank as Vice-Chair, Global Investment Banking, effective January 27, 2020.

Key Points: 
  • TORONTO, Jan. 10, 2020 /CNW/ - CIBC (TSX: CM) (NYSE: CM) today announced that the Honourable Lisa Raitt will be joining the bank as Vice-Chair, Global Investment Banking, effective January 27, 2020.
  • Ms. Raitt brings proven leadership experience in the public and private sector, and deep expertise in key sectors of the economy to her new role.
  • "Lisa's experience leading key government portfolios coupled with her proven leadership capabilities in the private sector will offer unique value to our clients," said Roman Dubczak, Managing Director and Head, Global Investment Banking.
  • CIBC is a leading Canadian-based global financial institution with 10 million personal banking, business, public sector and institutional clients.

CitiDirect BE® Ranked #1 Globally in Greenwich Associates Digital Banking Benchmarking Study

Friday, January 10, 2020 - 2:00pm

CitiDirect BE, Citi's institutional online and mobile banking platform is ranked #1 in the 2019 Greenwich Associates Digital Banking Benchmarking study for the fourteenth consecutive year.

Key Points: 
  • CitiDirect BE, Citi's institutional online and mobile banking platform is ranked #1 in the 2019 Greenwich Associates Digital Banking Benchmarking study for the fourteenth consecutive year.
  • Citi received the highest rating globally and across all regions included in the study North America, Asia and Europe across nearly 40 categories, including:
    Securing the top ranking in the Greenwich Associates Digital Banking Benchmarking study reflects our commitment to put clients at the center of our business, driving our investments and solutions.
  • Chris McDonnell, Managing Director at Greenwich Associates and global manager for the Digital Banking Benchmarking study added, Our experiences as consumers are increasingly determining our expectations of corporate banking.
  • Greenwich Associates is a leading global provider of data, analytics and insights to the financial services industry.

Chelsea Financial Services' Baron "Barry" Willis Leverages His Financial Advisor Experience for Positive Political Change

Friday, January 10, 2020 - 1:38pm

"I have been a Financial Advisor and Insurance Broker for over 25 years.

Key Points: 
  • "I have been a Financial Advisor and Insurance Broker for over 25 years.
  • I knew my experience in finance could really translate to government, especially in helping Boards and Committees make appropriate financial decisions for our communities," said Willis.
  • Willis, a Financial Advisor who has been with Staten Island-based Chelsea Financial Services since 2015, started to campaign in Alpine in July 2018to challenge an incumbent who hadn't been challenged for many years.
  • As a Financial Advisor, Willis focuses on Retirement Planning, but also handles Life and Health insurance for his many clients.

HilltopSecurities Names John R. Muschalek to Lead Wealth Management Division

Friday, January 10, 2020 - 1:00pm

Hilltop Securities Inc. announced today the promotion of John R. Muschalek to Head of Wealth Management, overseeing the firms private client group, independent advisor network, securities lending, and clearing services businesses.

Key Points: 
  • Hilltop Securities Inc. announced today the promotion of John R. Muschalek to Head of Wealth Management, overseeing the firms private client group, independent advisor network, securities lending, and clearing services businesses.
  • View the full release here: https://www.businesswire.com/news/home/20200110005049/en/
    John R. Muschalek, HilltopSecurities Head of Wealth Management (Photo: Business Wire)
    Muschalek has been with the firm for more than 27 years and has served in a variety of leadership roles, most recently as chief administrative officer.
  • With nearly three decades of proven leadership, John has been instrumental in establishing HilltopSecurities as a leader in the industry and understands our value in the marketplace.
  • I look forward to leading our firms combined wealth management effort as we expand our businesses and pursue new opportunities to serve our clients, Muschalek said.