Macquarie Capital Growth Continues with New Senior Hires
- 8 years 5 months ago
- People Moves
Macquarie Capital, the corporate advisory, principal investing and capital markets arm of Macquarie Group (“Macquarie”) (ASX:MQG; ADR:MQBKY), today announced the appointment of Sam Shah and Raghu Velamati as Managing Directors in its U.S. Technology, Media & Telecom Group (“TMT”) for Macquarie Capital. Mr. Shah and Mr. Velamati will be based in Macquarie’s Chicago office.
Diebold Completes Acquisition of Wincor Nixdorf
- 8 years 5 months ago
- M&A Deals
Diebold announced that it has successfully completed the acquisition of Wincor Nixdorf AG through its voluntary takeover offer for all the company's ordinary shares. The combined organization will begin operating as Diebold Nixdorf on Tuesday, Aug. 16. Offer consideration and other transaction details
GLAS Continues Global Expansion with Singapore Office
- 8 years 5 months ago
- Financial, Infrastructure
GLAS, the independent provider of finance administration services, has launched in Asia, with Paul Wilden appointed to spearhead the Singapore-based operations. This move has been driven by the increased demand for alternative loan and paying agency, and escrow service providers as banks reduce their involvement in the market.
Coors Credit Union Named “Best Bank/Credit Union in Golden by the Readers of the Golden Transcript
- 8 years 5 months ago
- Investment Management
For the fifth year in a row, Coors Credit Union has been voted “Best Bank/Credit Union in Golden” by the readers of the Golden Transcript, published by Colorado Community Media. Coors Credit Union was also voted “Best of the Best” in Customer Service.
Compass Plus Gets Accreditation for Faster Payments
- 8 years 5 months ago
- Payments
Compass Plus, an international provider of retail banking and electronic payments software for processors and financial institutions, has announced that it has been certified as one of only five companies to achieve aggregator accreditation for Faster Payments in the UK. Faster Payments is a system that enables customers in the UK to make secure and fast automated payments via mobile, internet, telephone or standing order 24/7/365 at the touch...
MIT Expands its Presence with Office in Singapore
- 8 years 5 months ago
- Trading Systems
MIT (Micro Informatique & Technologies SA) has just officially completed the opening of an office in Singapore, which will act as MIT operational centre for the Asia Pacific region. Yet another achievement for MIT following its recent announcement that its TRAC (Trade Risk Active Control) Collateral Management system had recently been selected by OCBC to support its growing Trade Commodity Finance business in Asia.
Misys Supports Banking Community with FRTB Compliance
- 8 years 5 months ago
- Compliance
Misys is supporting the banking community as it prepares for Basel’s Fundamental Review of the Trading Book (FRTB). The regulation, which overhauls the market risk capital charge calculation, has significant ramifications which must be addressed to ensure banks comply with new rules. The Misys FusionCapital Risk – FRTB solution will address the standardised approach (SA) requirements out of the box, as well as offering service applications as...
KIOSK Information Systems Uniting with Taiwan Posiflex
- 8 years 5 months ago
- M&A Deals
Taiwanese Point-of-Sales terminal brand leader Posiflex announced today that they have entered into a purchase agreement with KIOSK Information Systems (KIOSK), a world leader in self-service solutions.
Russ Fradin Joined Board of Directors of Hamilton Insurance Group
- 8 years 5 months ago
- People Moves
Hamilton Insurance Group ('Hamilton'), the Bermuda-based holding company for insurance and reinsurance operations that underwrite property and casualty risks in Bermuda, the U.S. and at Lloyd's, announced today that Russell P. Fradin has joined its Board of Directors. Mr. Fradin is the Lead Independent Director of Best Buy Co., Inc. and an Operating Partner of private equity firm Clayton, Dubilier & Rice (CD&R).
HomeStreet Acquired Certain Assets, Branches, and Deposits from Bank of Oswego
- 8 years 5 months ago
- M&A Deals
HomeStreet, Inc. (“the Company”) (NASDAQ:HMST) today announced that its wholly owned subsidiary, HomeStreet Bank, has completed its previously announced purchase of certain assets and liabilities, including two branches in Lake Oswego, Oregon, from Bank of Oswego.
Citizens Bank Appoints Lamont Young as Head of Digital
- 8 years 5 months ago
- People Moves
Citizens Bank recently announced the appointment of Lamont Young as Head of Digital. Young will also continue to manage his existing responsibilities for Multi-Channel Marketing. With more than 20 years of digital and marketing experience in the consumer goods and financial services industries, Young will oversee Citizens strategic investments in digital, online and mobile banking, digital marketing, user experience and social media. Young was...
Banner Bank Names Craig Miller as Executive Vice President and General Counsel
- 8 years 5 months ago
- People Moves
The Banner Bank executive leadership team is pleased to announce Craig Miller has joined the Bank as Executive Vice President and General Counsel. In this role, Miller is responsible for overseeing the company’s legal functions and is a member of the Executive Management Committee. This is a new position at the company. For 35 years, Miller was a senior litigation partner at Davis Wright Tremaine in Seattle. Just prior to joining Banner Bank, he...
Moti Ben-Moshe Joins Alon Blue Square as New Director
- 8 years 5 months ago
- People Moves
Alon Blue Square Israel announced that in accordance with the proposed debt reorganization and arrangement between the Company and its financial creditors under Section 350 of the Israeli Companies Law, 5759-199, the Company's board of directors has approved the appointment of Mr. Moti Ben-Moshe as a new director of the Company effective immediately.
Syncora Holdings and Syncora Holdings US Complete Comprehensive Restructuring Transactions
- 8 years 5 months ago
- Transaction Banking, Infrastructure
Syncora Holdings Ltd. ("SHL" or the "Company") and its wholly owned subsidiary, Syncora Holdings US Inc. ("SHI"), announced today that SHI completed its previously announced restructuring transactions, including the private exchange offers for Syncora Guarantee Inc.'s ("SGI") outstanding 6% Surplus Notes due 2024 and SGI's outstanding 5% Surplus Notes due 2011 (collectively, the "Existing SGI Surplus Notes") and variation of rights attached to...
FinTech and Social Trading Pioneer Ayondo Unveils New Educational Mobile App
- 8 years 5 months ago
- IT Innovations, Infrastructure
Financial technology group ayondo has launched a new mobile app, the ayondo academy, targeting investors who want to experiment and learn in a simulated trading environment. The ayondo academy, created by the group’s Mobile Lab in Singapore, allows users to trade virtual stocks, participate in trading competitions and learn about the latest news and tips within the app.