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Articles by 166293

People’s Bank Hires EVP/Chief Credit Officer

10th March 2022
MEDFORD, Ore.--(BUSINESS WIRE)--People's Bank of Commerce is pleased to announce the recent hiring of William (Bill) Whalen as executive vice president and chief credit officer. Whalen joins People's Bank with almost 33 years of experience in the banking industry, of which 30 have been in Oregon. He most recently worked as senior vice president and […]
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Best’s Market Segment Outlook: AM Best Maintains Stable Outlook on Philippine Non-Life Insurance Segment

10th March 2022
SINGAPORE--(BUSINESS WIRE)--#insurance--AM Best is maintaining a stable market segment outlook for the Philippine non-life insurance segment, citing signs of recovery in 2021 regarding premium growth and improved investment conditions. In its new Best’s Market Segment Report, “Market Segment Outlook: Philippines Non-Life Insurance,” AM Best also notes the strong growth experienced in microinsurance, improving the affordability […]
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Rescission Unitholders to Advance Their Interests in Bridging Receivership

9th March 2022
TORONTO--(BUSINESS WIRE)--On February 18, 2022, PriceWaterhouseCoopers Inc. in its capacity as Receiver and Manager of various Bridging Finance Inc. funds reported that it would be seeking advice and direction from the Court relating to distribution issues, including the claims of priority of statutory rescission rights and rights of action for damages by certain unitholders in […]
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Enterprise Financial Services Corp Announces Addition to Board of Directors

9th March 2022
ST. LOUIS--(BUSINESS WIRE)--Enterprise Financial Services Corp (Nasdaq: EFSC) today announced the appointment of Stephen P. Marsh and Daniel A. Rodrigues as directors of Enterprise Financial Services Corp (the “Company”) effective March 8, 2022. Each of Messrs. Marsh and Rodrigues currently serve as directors of the Company’s wholly-owned subsidiary Enterprise Bank & Trust (“EB&T”). In addition, […]
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Delaware Investments® Dividend and Income Fund, Inc. Announces Distributions

9th March 2022
PHILADELPHIA--(BUSINESS WIRE)--Today, Delaware Investments Dividend and Income Fund, Inc. (the “Fund”), a New York Stock Exchange–listed closed-end fund trading under the symbol “DDF,” declared a monthly distribution of $0.0676 per share. The monthly distribution is payable March 25, 2022, to shareholders of record at the close of business on March 18, 2022. The ex-dividend date […]
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Delaware Investments National Municipal Income Fund Announces Dividend Distribution

9th March 2022
PHILADELPHIA--(BUSINESS WIRE)--Today, Delaware Investments National Municipal Income Fund (NYSE American: VFL) (the “National Muni Fund”) a New York Stock Exchange–listed closed-end fund trading under the symbol “VFL,” declared a monthly distribution of $0.0450 per share. The monthly distribution is payable March 25, 2022, to shareholders of record at the close of business on March 18, […]
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Delaware Enhanced Global Dividend and Income Fund Announces Distributions

9th March 2022
PHILADELPHIA--(BUSINESS WIRE)--Today, Delaware Enhanced Global Dividend and Income Fund (the “Fund”), a New York Stock Exchange–listed closed-end fund trading under the symbol “DEX,” declared a monthly distribution of $0.0632 per share. The monthly distribution is payable March 25, 2022, to shareholders of record at the close of business on March 18, 2022. The ex-dividend date […]
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Oasis Announces “Women’s Director Training Scholarship” Initiative for International Women’s Day in Cooperation with BDTI of Japan

8th March 2022
Investment firm Oasis to sponsor board director training courses through The Board Director Training Institute of Japan for all qualified women who enroll in March.   TOKYO--(BUSINESS WIRE)--In honor of International Women’s Day, Oasis Management Company Ltd. (“Oasis”) and the Board Director Training Institute of Japan (“BDTI”) have announced a new month-long initiative to sponsor […]
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Discover Statement on Russian Banks and Payments Acceptance

8th March 2022
RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover and Diners Club International do not have any active partners in Belarus and Russia. There is no acceptance of Discover, Diners Club, Network Alliance Partners and PULSE® in these countries and no cards are being issued there. Before Russia’s invasion of Ukraine, Discover/Diners Club International was in the process of establishing a […]
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KBRA Assigns Preliminary Ratings to FREMF 2022-K140 and Freddie Mac Structured Pass-Through Certificate Series K-140

8th March 2022
NEW YORK--(BUSINESS WIRE)--#KBRA--KBRA is pleased to announce the assignment of preliminary ratings to four classes of FREMF Series 2022-K140 mortgage pass-through certificates and three classes of Freddie-Mac structured pass-through certificates (SPCs), Series K-140. FREMF 2022-K140 is a $1.27 billion CMBS multi-borrower transaction. Freddie Mac will guarantee six classes of certificates issued in the underlying Series […]
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KBRA Assigns a Preliminary Rating to Upstart Structured Pass-Through Trust, Series 2022-1A

8th March 2022
NEW YORK--(BUSINESS WIRE)--#KBRA--KBRA assigns a preliminary rating to one class of notes issued by Upstart Structured Pass-Through Trust, Series 2022-1A (“USPTT 2022-1A”), a $476.989 million consumer loan ABS transaction. The rating reflects initial credit enhancement of 30.00%. Credit enhancement consists of overcollateralization and excess spread. This transaction represents the 33rd ABS securitization collateralized by unsecured […]
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Fiserv Hires Miriam Park as General Manager for Korea

8th March 2022
Fiserv strengthens its payment services business in Asia Pacific with appointment of cards veteran Miriam Park as General Manager for Korea BROOKFIELD, Wis. & SEOUL, South Korea--(BUSINESS WIRE)--#Career--Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, today announced that Mi Ryung (Miriam) Park has joined the organization as General […]
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