BBVA Compass and Opportunity Finance Network Enter Into Strategic Partnership
- 8 years 9 months ago
- Alternative Finance
BBVA Compass and Opportunity Finance Network are joining forces to cultivate the next generation of leaders for Community Development Financial Institutions, organizations that are critical engines of opportunity in low-income communities.
ABB Appoints Timo Ihamuotila as New Chief Financial Officer
- 8 years 9 months ago
- People Moves
ABB announced that Timo Ihamuotila has been named Chief Financial Officer and member of the Executive Committee, effective April 1, 2017. Ihamuotila succeeds current CFO Eric Elzvik in an orderly transition process. Elzvik will pursue career opportunities outside of ABB after a thorough handover in second quarter of 2017.
Situs Names Christian Bearman as CEO of Situs Europe
- 8 years 9 months ago
- People Moves
Situs, the premier global provider of strategic business solutions for the finance and commercial real estate industries, today announced it has hired Christian Bearman as CEO of Situs Europe, effective 1st February 2017. Mr. Bearman also joins the Situs Group Executive Management Team. Situs is owned by funds managed by Stone Point Capital and the company’s senior management team. Stone Point is a leading private equity firm based in Greenwich...
Amenda Markets Reveals Negative Spreads for Spot FX
- 8 years 9 months ago
- Trading Systems
Amenda, the provider of Pure-DMA, which delivers aggregated liquidity feeds from multiple liquidity providers, has made it possible to trade on "Negative spreads," reversing the bid/ask prices by maintaining prices as-is. This has led Amenda to achieve some of the tightest spreads for spot FX available around the world according to internal market research.
Assertiva and Pagar.me Join New Simility Anti-Fraud Partner Program
- 8 years 9 months ago
- Security
Global fraud prevention technology provider Simility welcomes the trusted information security provider Assertiva and award-winning payments technology provider Pagar.me to the new, global Simility Anti-Fraud Partner Program.
MUFG Launches Aviation Finance Business in the Americas & Hires Industry Expert Olivier Trauchessec to Head New Group
- 8 years 9 months ago
- Infrastructure, People Moves
Mitsubishi UFJ Financial Group, Inc. (MUFG), one of the world’s leading financial institutions, today announced it is starting an aviation finance business in the Americas, and that long-time industry expert, Olivier Trauchessec, has been hired as a Managing Director to lead the effort. Mr. Trauchessec, who joins MUFG after a long career at BNP Paribas, will report to Lance Markowitz, Group Head of Leasing and Asset Finance in the Americas, a...
David A. Call Joins Fifth Third Bank as Florida Regional President
- 8 years 9 months ago
- People Moves
Fifth Third Bancorp (Nasdaq: FITB) announced today that David A. Call has been named its regional president for Florida. He will report to Mike Michael, group regional president. Call currently serves as president of the South Florida region, which now will be united with the North Florida under one statewide organization.
Mooreland Partners Continues Deal Momentum in Enterprise Software and Security
- 8 years 9 months ago
- M&A Deals
Mooreland Partners, the leading independent investment bank providing M&A and private capital advisory services to the global technology industry, today announced that it acted as the exclusive financial advisor to AGNITiO on its sale to Nuance Communications. The sale of AGNITiO further strengthens Mooreland Partners' position as a leading global M&A advi
AX Trading Group Secures $20 Million Financing
- 8 years 9 months ago
- Investment
AX Trading Group, Inc. announced today that it has entered into an agreement which secures a $20 million investment. Source and terms of the investment were not disclosed. The transaction is the first in a series of anticipated strategic moves to expand the firm's global market position. The investment enables AX to expand its global technology footprint into Europe and Asia. Using the proprietary AX technology, market participants worldwide...
Associated Bank Makes Leadership Changes
- 8 years 9 months ago
- Banking
Associated Banc-Corp announced changes involving its executive committee. James (Jim) Yee, executive vice president and chief information and operations officer, has announced his plans to retire in the second quarter of 2017. Yee, who joined Associated in 2012, had a successful career in information technology and back office operations in the financial services industry spanning four decades. He played an integral role in aligning...
Deutsche Bank Enters into Agreement to Sell Its Banking and Securities Subsidiaries in Mexico to InvestaBank S.A., Institución de Banca Múltiple
- 8 years 9 months ago
- M&A Deals
Deutsche Bank today announced that as part of the bank’s Strategy 2020 plan to rationalize its global footprint, it has entered into an agreement to sell its subsidiaries (Deutsche Bank Mexico, S.A. Institucion de Banca Multiple and Deutsche Securities, S.A. de C.V., Casa de Bolsa) in Mexico to InvestaBank S.A., Institución de Banca Múltiple. Deutsche Bank will centralize its Mexican Global Markets and Corporate & Investment Banking coverage...
Northern Trust Recognized Best Private Bank in U.S.
- 8 years 9 months ago
- Banking
Northern Trust, a leading global provider of wealth management services, has been named the nation’s best private bank by Professional Wealth Management and The Banker magazines, publications of the Financial Times Group. Northern Trust Wealth Management is a leading provider of services to affluent individuals, family offices and business owners, with US$242 billion in assets under management.
Alec Ellison Joins OurCrowd Advisory Board
- 8 years 9 months ago
- People Moves
OurCrowd, the world’s leading equity crowdfunding platform, has announced that Alec Ellison, former Vice Chairman of Jefferies, LLC, and Chairman of the Technology Investment Banking group, has joined the OurCrowd Advisory Board. Prior to Jefferies, Ellison was President of Broadview International (which Jefferies acquired). He began his banking career at Morgan Stanley. Mr. Ellison holds a B.A. from Yale and an M.B.A. from Harvard, where he was...
NICE Continues to Expand Its Contact Center WFO Market Share Lead According to DMG Report
- 8 years 9 months ago
- Infrastructure
NICE announced that it has again been acknowledged by DMG Consulting LLC as the worldwide leader in the contact center Workforce Optimization (WFO) market.
Wolters Kluwer Introduces New CCH® Accounting Research Manager Interface
- 8 years 9 months ago
- Accounting
During the CCH Connections User Conference, Wolters Kluwer Tax & Accounting showed its new user interface for CCH® Accounting Research Manager (ARM), the complete research solution dedicated to accounting, financial reporting and audit professionals.