Citibank

TerraPay appoints Ruben Salazar Genovez, former Head of Visa Direct, as President

Retrieved on: 
星期二, 二月 20, 2024

LONDON, Feb. 20, 2024 /PRNewswire/ -- TerraPay , a global money movement company, is pleased to announce the appointment of Ruben Salazar Genovez, recently the Global Head of Visa Direct, as President.

Key Points: 
  • LONDON, Feb. 20, 2024 /PRNewswire/ -- TerraPay , a global money movement company, is pleased to announce the appointment of Ruben Salazar Genovez, recently the Global Head of Visa Direct, as President.
  • As President of TerraPay, Mr Salazar Genovez will be responsible for defining the company's strategic vision for global expansion and the development of its payments infrastructure and non-card network capabilities.
  • Ruben Salazar Genovez, President, TerraPay, said: "I am truly honored to join TerraPay as President during such an exciting phase of its journey.
  • Ambar Sur, Founder and Chief Executive Officer, TerraPay, said: "Ruben Salazar is an exceptional addition to our leadership team, and we are thrilled to welcome him as President of TerraPay.

Top 5 Most Bizarre Expense Claims in 2023, as Revealed by BrightHR

Retrieved on: 
星期一, 二月 19, 2024

In 2023, HR technology provider BrightHR had some particularly interesting expenses submitted using their software utilised by 100,000 businesses worldwide and more than 1.3 million employees.

Key Points: 
  • In 2023, HR technology provider BrightHR had some particularly interesting expenses submitted using their software utilised by 100,000 businesses worldwide and more than 1.3 million employees.
  • Some of which have left us scratching our heads, stifling our laughter, and marvelling at the gall of some employees out there.
  • Going the extra mile: One expense recorded a whopping mileage claim of 132,640 miles, equating to £51.12 billion.
  • And it’s little wonder why, as recent findings suggest that businesses are losing over £2bn in employee expense fraud.

Norsk Hydro: Hydro signs new USD 1,000 million revolving credit facility

Retrieved on: 
星期五, 二月 16, 2024

Norsk Hydro ASA has on February 15, 2024, signed a USD 1,000 million revolving multi-currency credit facility.

Key Points: 
  • Norsk Hydro ASA has on February 15, 2024, signed a USD 1,000 million revolving multi-currency credit facility.
  • The facility, which is available for general corporate purposes, carries a two-year tenor with a one-year extension option and replaces Hydro’s undrawn USD 1,300 million revolving credit facility.
  • Credit Agricole CIB and DNB acted as the coordinating Mandated Lead Arrangers and Bookrunners on the transaction.
  • DNB will act as Facility Agent and Documentation Agent.

LianBio Announces Completion of Strategic Review

Retrieved on: 
星期二, 二月 13, 2024

“In October 2023, the Board of Directors initiated a comprehensive strategic review of the Company, including numerous options for the future of the Company, as our commitment to represent the best interests of LianBio and shareholders,” said Konstantin Poukalov, Founder and Executive Chairman of LianBio’s Board.

Key Points: 
  • “In October 2023, the Board of Directors initiated a comprehensive strategic review of the Company, including numerous options for the future of the Company, as our commitment to represent the best interests of LianBio and shareholders,” said Konstantin Poukalov, Founder and Executive Chairman of LianBio’s Board.
  • However, there is no guarantee that any shareholder’s original investment, or any material amount, will be recovered.
  • The Company expects to pay the dividend to its holders of record of ordinary shares on or about March 11, 2024.
  • The Depositary will re-open the books for ADS cancellations at the close of business in New York City on March 18, 2024.

Notice of the Annual General Meeting of Nokia Corporation

Retrieved on: 
星期四, 二月 8, 2024

A holder of nominee-registered shares has the right to participate in the Annual General Meeting by virtue of such shares, based on which they on the record date of the Annual General Meeting, i.e.

Key Points: 
  • A holder of nominee-registered shares has the right to participate in the Annual General Meeting by virtue of such shares, based on which they on the record date of the Annual General Meeting, i.e.
  • For more information, please refer to the privacy statement of the Annual General Meeting on the Company’s aforementioned website.
  • The written questions may be considered in the Annual General Meeting in connection with each agenda item to the extent deemed appropriate by the Chair of the meeting.
  • On the date of this notice of the Annual General Meeting the total number of shares in Nokia Corporation is 5 613 496 565, representing the same number of votes.

FLEETCOR® Upsizes Credit Facility by $600 million; Establishing 10b5-1 Plan to Repurchase Shares

Retrieved on: 
星期三, 二月 7, 2024

The transaction was leverage neutral and results in a $600 million increase in the Company’s capacity under its facilities.

Key Points: 
  • The transaction was leverage neutral and results in a $600 million increase in the Company’s capacity under its facilities.
  • This amendment resulted in an increase to the Company’s revolver from $1.5 billion to $1.775 billion.
  • In addition, the Company increased its borrowings under its Term Loan A facility by $325 million and used those proceeds to paydown its revolver balance.
  • FLEETCOR anticipates using the increased debt facility to drive earnings growth through both M&A and repurchasing FLEETCOR stock in 2024.

Capitaliz Hires Former Business Enterprise Institute CEO to Lead Americas

Retrieved on: 
星期三, 二月 7, 2024

In this role, Johnson will oversee the company's operations, strategy, and regional growth as Capitaliz aims to expand its business development and client success teams through advisory relationships.

Key Points: 
  • In this role, Johnson will oversee the company's operations, strategy, and regional growth as Capitaliz aims to expand its business development and client success teams through advisory relationships.
  • As CEO of the Business Enterprise Institute (BEI), he built resources and tools for advisors, increased membership, and expanded advocacy for exit planning.
  • Capitaliz's suite of insights and valuation tools helps quantify current business valuation, identify key value drivers, and make recommendations for strategic actions for enhancing business value.
  • The platform is built by industry professionals for business owners and advisors, including accountants, financial advisers, wealth managers, bankers, and business coaches.

Cenlar SVP of Default Operations Ingrid Jaschok to Speak on Panel at MBA Servicing Solutions Conference & Expo

Retrieved on: 
星期二, 二月 6, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240206674266/en/
    Cenlar Senior Vice President of Default Operations Ingrid Jaschok to Speak on Panel at MBA Servicing Solutions Conference & Expo (Photo: Business Wire)
    The session will discuss the numerous risks and challenges associated with protecting and preserving our nation’s most prized assets, residential housing, which could impact future homeownership and fulfillment.
  • As SVP of Default Operations, Ingrid oversees all of Cenlar’s business segments within the default servicing portfolio including early and late-stage default.
  • Prior to joining Cenlar, Ingrid was Senior Director and Senior Vice President of Default Servicing at Flagstar Bank.
  • Before Citibank, Ingrid was Executive Vice President of online auction operations at Auction.com where she managed merchandising to transaction servicing processing.

James Elwood and Michael Anzola Join Wealth Access’ Executive Team

Retrieved on: 
星期四, 二月 1, 2024

Wealth Access , the leading customer data insights platform that unifies and enriches data that powers hyper-personalized experiences for financial institutions, today announced two appointments to its executive team: James Elwood, Chief Technology Officer (CTO) and Michael Anzola, Head of Strategy and Product.

Key Points: 
  • Wealth Access , the leading customer data insights platform that unifies and enriches data that powers hyper-personalized experiences for financial institutions, today announced two appointments to its executive team: James Elwood, Chief Technology Officer (CTO) and Michael Anzola, Head of Strategy and Product.
  • Founder and CEO of Wealth Access David Benskin said, “2023 was an exceptional year of growth for us, and 2024 is starting off with the exciting additions of James and Michael to our well-established leadership team alongside Brandi Zinn, Jeff Bloedorn and myself.
  • Having James and Michael join us will be beneficial to sustaining our momentum as the business expands and we strengthen our brokerage, trust and retail banking capabilities.
  • Both individuals have unprecedented business acumen that complements our executive team and further bolsters our industry presence.

Keith Krach-Led US-Taiwan Business Council Delegation Expands Trusted Collaboration with Taiwan

Retrieved on: 
星期三, 一月 31, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240131359736/en/
    The mission, which was timed shortly after Taiwan’s elections, focused on the importance of trust in the close relationship between the United States and Taiwan.
  • You partner with people you trust, and you love the people you trust,” observed Krach during the visit.
  • “The US-Taiwan Business Council’s chairman’s delegation, led by Keith Krach, was the first major international business organization to visit Taiwan after the January 13 election.
  • “We will continue to be ambitious in advancing the US-Taiwan ties based on trust, and expanding the Global Trusted Tech Network, a growing coalition of global leaders committed to trusted economic and technological collaboration.”