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Troutman Pepper Ramps Up White Collar + Government Investigations Practice in North Carolina with Partner Addition

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星期二, 五月 2, 2023

CHARLOTTE, N.C., May 2, 2023 /PRNewswire/ -- Matthew "Matt" Orso, a white collar litigation attorney who has significant experience counseling clients facing government investigations, has joined Troutman Pepper's nationally recognized White Collar + Government Investigations Practice Group as a partner in Charlotte. He previously served as co-lead of the Bank Defense and Counseling team at McGuireWoods.

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Matthew Orso, Known for Representing Major Financial Institutions in High-Profile Enforcement Matters, Joins Firm
CHARLOTTE, N.C., May 2, 2023 /PRNewswire/ -- Matthew "Matt" Orso , a white collar litigation attorney who has significant experience counseling clients facing government investigations, has joined Troutman Pepper's nationally recognized White Collar + Government Investigations Practice Group as a partner in Charlotte.
His addition helps to expand our white collar and government investigations capabilities in North Carolina," added Jason Evans, managing partner of Troutman Pepper's Charlotte office.
"I am excited to join Troutman Pepper's sophisticated White Collar + Government Investigations team and to build upon its investigations and litigation offerings," Orso said.
Troutman Pepper's White Collar + Government Investigations Practice Group includes former government prosecutors, in-house compliance counsel, and seasoned white collar defense attorneys who proactively resolve sensitive government investigations and proceedings.

Sterling Bancorp Reports First Quarter 2023 Financial Results

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星期一, 五月 1, 2023

Sterling Bancorp, Inc. (NASDAQ: SBT) (“Sterling” or the “Company”), the holding company of Sterling Bank and Trust, F.S.B.

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Sterling Bancorp, Inc. (NASDAQ: SBT) (“Sterling” or the “Company”), the holding company of Sterling Bank and Trust, F.S.B.
(the “Bank”), today reported its unaudited financial results for the first quarter ended March 31, 2023.
“Sterling’s first quarter of 2023 results continue the very deliberate remediation and repositioning begun in 2020.
Consequently, margin pressures are being witnessed here and throughout the industry.”
Management will host a conference call on Monday, May 1, 2023 at 11:00 a.m. Eastern Time to discuss the Company’s unaudited financial results for the quarter ended March 31, 2023.

Century Next Financial Corporation Reports Results for 1st Quarter 2023

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星期三, 四月 26, 2023

RUSTON, La., April 26, 2023 (GLOBE NEWSWIRE) -- Century Next Financial Corporation (the “Company”) (OTCQX: CTUY), the holding company of Century Next Bank, with $696 million in assets, today announced financial results for the 1st quarter ended March 31, 2023.

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RUSTON, La., April 26, 2023 (GLOBE NEWSWIRE) -- Century Next Financial Corporation (the “Company”) (OTCQX: CTUY), the holding company of Century Next Bank, with $696 million in assets, today announced financial results for the 1st quarter ended March 31, 2023.
Total net loans at March 31, 2023 were $563.4 million compared to $537.9 million at December 31, 2022.
Deposit growth was strong for the quarter ended March 31, 2023 as total deposits increased by $50.9 million or 9.1% to $611.3 million at March 31, 2023 compared to $560.4 million at December 31, 2022.
Century Next Financial Corporation is the holding company for Century Next Bank (the “Bank”) which conducts business from its main office in Ruston, Louisiana.

Synchrony Joins Operation HOPE's National 'Financial Literacy for All' Initiative

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星期四, 四月 27, 2023

STAMFORD, Conn., April 27, 2023 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer financial services company, today announced it has become a member company of Financial Literacy for All (FL4ALL) – a national initiative dedicated to embedding financial literacy into American culture.

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STAMFORD, Conn., April 27, 2023 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer financial services company, today announced it has become a member company of Financial Literacy for All (FL4ALL) – a national initiative dedicated to embedding financial literacy into American culture.
Alongside member organizations, Synchrony will continue to champion financial resiliency, literacy, and capability.
America Saves Week: Synchrony participates in America Saves Week, an initiative of the nonprofit Consumer Federation of America.
Partnership with National Foundation for Credit Counseling: Synchrony continues its longtime partnership with the National Foundation for Credit Counseling (NFCC).

Orchard Global Announces Fredrik Gentzel is Joining the Firm as Chief Operating Officer

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星期一, 四月 17, 2023

Asset Management, Professional Services, Finance, Risk management, International finance, Multimedia, Deutsche Bank, Currency, Fixed income, Executive Committee, Corporate finance, Growth, CIO, Capula Investment Management, Management

Orchard Global today announced that Fredrik Gentzel is joining the firm as Chief Operating Officer based in London, adding key experience and leadership to the growing alternative asset manager.

Key Points:

Orchard Global today announced that Fredrik Gentzel is joining the firm as Chief Operating Officer based in London, adding key experience and leadership to the growing alternative asset manager.
View the full release here: https://www.businesswire.com/news/home/20230417005159/en/
Fredrik Gentzel COO Orchard Global (Photo: Business Wire)
In this role, Fredrik will lead Orchard Global's world-class operational teams, further strengthening the firm’s capabilities of enhancing client data and information delivery, while enabling further asset and product growth.
He will be a key contributor to our Executive Committee,” said Paul Horvath, Chief Executive Officer of Orchard Global.
He was most recently the Chief Executive Officer of Capula Investment Management, having previously joined as President & Chief Operating Officer.

BGC Partners Updates its Outlook for the First Quarter of 2023

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星期五, 三月 31, 2023

NEW YORK, March 31, 2023 /PRNewswire/ -- BGC Partners, Inc. (Nasdaq: BGCP) ("BGC Partners" or "BGC" or the "Company"), a leading global brokerage and financial technology company, today announced that it has updated its outlook for the quarter ending March 31, 2023.

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NEW YORK, March 31, 2023 /PRNewswire/ -- BGC Partners, Inc. (Nasdaq: BGCP) ("BGC Partners" or "BGC" or the "Company"), a leading global brokerage and financial technology company, today announced that it has updated its outlook for the quarter ending March 31, 2023.
Accordingly, BGC's revenue and pre-tax Adjusted Earnings for the first quarter of 2023 are now expected to be slightly below the midpoint of the range of its previously stated outlook.
The Company's outlook was contained in BGC's financial results press release issued on February 27, 2023, which can be found at http://ir.bgcpartners.com .
In addition, Adjusted Earnings calculations exclude certain gains and charges that management believes do not best reflect the ordinary results of BGC.

BGC Partners Updates its Outlook for the First Quarter of 2023

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星期五, 三月 31, 2023

NEW YORK, March 31, 2023 /PRNewswire/ -- BGC Partners, Inc. (Nasdaq: BGCP) ("BGC Partners" or "BGC" or the "Company"), a leading global brokerage and financial technology company, today announced that it has updated its outlook for the quarter ending March 31, 2023.

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NEW YORK, March 31, 2023 /PRNewswire/ -- BGC Partners, Inc. (Nasdaq: BGCP) ("BGC Partners" or "BGC" or the "Company"), a leading global brokerage and financial technology company, today announced that it has updated its outlook for the quarter ending March 31, 2023.
BGC continued to see broad-based revenue growth across all its asset classes as compared to the first quarter of 2022.
Accordingly, BGC's revenue and pre-tax Adjusted Earnings for the first quarter of 2023 are now expected to be slightly below the midpoint of the range of its previously stated outlook.
The Company's outlook was contained in BGC's financial results press release issued on February 27, 2023, which can be found at http://ir.bgcpartners.com .

CytoSorbents Reports Fourth Quarter and Full Year 2022 Results

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星期四, 三月 9, 2023

PRINCETON, N.J., March 09, 2023 (GLOBE NEWSWIRE) -- CytoSorbents Corporation (NASDAQ: CTSO), a leader in the treatment of life-threatening conditions in the intensive care unit and cardiac surgery using blood purification via its proprietary polymer adsorption technology, today reported financial and operating results for the quarter and year ended December 31, 2022 and provides its 2023 outlook.

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For the years ended December 31, 2022 and 2021, cost of revenue was approximately $13,956,000 and $11,047,000, respectively, an increase of approximately $2,909,000.
Product cost of revenues increased approximately $698,000 during the year ended December 31, 2022 as compared to the year ended December 31, 2021.
Product gross margins were approximately 70% for the year ended December 31, 2022 and approximately 80% for the year ended December 31, 2021.
The 2022 loss is directly related to the decrease of the exchange rate of the Euro as of December 31, 2022 as compared to December 31, 2021.

Brian Brooks Appointed to the Board of the HBAR Foundation

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星期三, 三月 1, 2023

DALLAS, March 1, 2023 /PRNewswire/ -- Brian Brooks, a fintech and global policy heavyweight, has joined the board of the HBAR Foundation, the organization helping drive adoption of the Hedera network. Brooks, who has substantial experience in financial policy, banking, digital assets and Web3, brings with him a wealth of experience to his new board duties. The HBAR Foundation to date has allocated funding of more than $408m and awarded over 225 grants to ground-breaking distributed ledger technology (DLT) projects, empowering entrepreneurs to build economies on the open source, leaderless proof-of-stake Hedera network.

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DALLAS, March 1, 2023 /PRNewswire/ -- Brian Brooks , a fintech and global policy heavyweight, has joined the board of the HBAR Foundation , the organization helping drive adoption of the Hedera network.
Brooks, who has substantial experience in financial policy, banking, digital assets and Web3, brings with him a wealth of experience to his new board duties.
Brooks joins existing board members Shayne Higdon , Jason Loh , and Robert Migliorino , with additional board members likely to be appointed in 2023.
Whether you're building something new or migrating an existing EVM-based application and community, the HBAR Foundation is here to support you.

Empower Inspires Americans to Boldly Take on “What’s Next” With New Empower.com Digital Experience, News Site, and Brand Campaign

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星期二, 二月 28, 2023

We’re meeting those needs by re-energizing the Empower brand with a single rallying cry: we help people find answers, plain and simple.

Key Points:

We’re meeting those needs by re-energizing the Empower brand with a single rallying cry: we help people find answers, plain and simple.
The brand revitalization comes on the heels of the company's expansion in consumer wealth management with the launch of its Empower Personal Wealth division earlier this month.
The commercials will run nationwide across primetime, lifestyle networks, sports and news channels, as well as audio and digital partnerships.
To check out the new TV ads “Live Forever” and “The Plan” , browse the latest articles on The Currency™ or subscribe to the newsletter, visit Empower.com .