Monthly Archives: July 2021

Kevin J. Pearson – Maryland Daily Record

By: Daily Records Staff July 23, 2021 Kevin J. Pearson Vice President M&T Bank After working for Citicorp Credit Services and Citibank Private Banking, Kevin J. Person joined M&T Bank in 1989 in the Private Banking division in New York. He held several executive positions at M&T in New York …

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EBRD and GTSOU promote hydrogen use and development in Ukraine

The European Bank for Reconstruction and Development (EBRD) and the Ukrainian Gas Transmission System Operator (GTSOU) are joining forces to promote the use and development of hydrogen in Ukraine. Revealed today (July 23), the partners signed an agreement to formalize cooperation on low carbon hydrogen and develop hydrogen supply chains, …

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US stocks rise as Dow extends rebound

US stocks rose on Wednesday, extending the rebound from the previous session as investors focused on the start of the corporate earnings season. The S&P 500 climbed 0.7%, a day after the broad gauge of the market posted its biggest one-day gain since late March. The two-day lead is on …

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Dolly Khanna slightly reduces her stake in this IT company

Recent shareholder data released after the end of the first quarter of FY22 showed that prominent Indian investor and stock trader Dolly Khanna slightly reduced her stake in the April to June 2021 quarter in Indian IT company Nucleus Software Exports Ltd. According to Nucleus Software’s BSE shareholding model, the …

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Signature Bank announces a public share purchase offer

NEW YORK–(COMMERCIAL THREAD) – Signature Bank (Nasdaq: SBNY), a New York-based full-service commercial bank, today announced a guaranteed offer of 2,100,000 common shares. The Bank will also grant the Underwriters a 30-day option to purchase up to 315,000 additional Common Shares. The Bank intends to use the proceeds of the …

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PSU banks remain relevant

The precipitous outcome of the nationalization policy may nullify the benefits that the PSU banks have provided Nationalization over the past five decades has contributed enormously to the influence of banks. It may be recalled that 20 banks were nationalized in two phases – 14 on July 19, 1969 at …

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Texas Capital Bancshares, Inc. appoints Jon M. Larson as

DALLAS, July 20, 2021 (GLOBE NEWSWIRE) – Texas Capital Bank, NA, and its parent company Texas Capital Bancshares, Inc. (NASDAQ: TCBI), collectively referred to herein as “Texas Capital Bank,” announced today that Jon M Larson has been appointed head of Homebuilder and Community Finance, formerly known as Specialized Residential Real …

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FINRA adds retail communications to private placement deposit requirements – Finance and Banking

United States: FINRA Adds Retail Communications to Private Placement Filing Requirements July 19, 2021 Cadwalader, Wickersham & Taft LLP To print this article, simply register or connect to Mondaq.com. FINRA adopted changes to private placement filing requirements to require members to file retail offering related communications. Amendments to FINRA Rule …

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Linking Triple Incentive Vouchers with E.SUN Commercial Bank’s Digital Payment Services Successfully Boosts Recognition and Acceptance of Mobile Payments

TAIPEI, July 19, 2021 / PRNewswire / – As m-payments became more prevalent, in 2015 E. SUN Commercial Bank began to lay the foundation for m-payment services business, achieving many firsts and milestones in the industry. It was the first company of Taiwan partner with Alipay to push QR code …

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1 Dow Jones Stock That Could Double Your Money

When we think of Dow Jones stocks, we think of strong companies that deliver stable earnings and income over time. We can also think of annual dividend payments. Certain stocks in the index, such as Johnson & johnson and Coca Cola – have even increased their dividends for 50 consecutive …

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MICROCAPITAL BRIEF: EBRD lends $ 2.4 million to ProCredit Bank of Bosnia and Herzegovina for energy efficiency, homeowners eligible for EU grants

the The UK-based European Bank for Reconstruction and Development (EBRD) recently announced that it is loaning € 2 million ($ 2.37 million) to ProCredit Bank Bosnia and Herzegovina (PCB BiH) for retrocede “residential investments in insulation, windows and heat pumps.” , solar panels and other improvements ”that reduce energy consumption. …

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Tech CU hires Christopher Morin as vice president of

SAN JOSE, Calif., July 15, 2021 (GLOBE NEWSWIRE) – Tech CU (Technology Credit Union) today announced that it has hired Christopher Morin as vice president of commercial banking to lead its new commercial and industrial loans program (THIS). An industry veteran, Morin has spent the past 25 years providing Small …

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Rakesh Jhunjhunwala buys stake in PSU metal company

Indian investor and trader Rakesh Jhunjhunwala bought a stake in PSU Steel Authority of India (SAIL), as the company’s shareholding model shows its name to appear in the June 2021 quarter. of “Big Bull” as well as “Warren Buffett” in India, Jhunjhunwala’s investments are closely monitored by market players. In …

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China’s growth slows as pandemic fears persist

BEIJING – After a year of pulling the global economy out of the pandemic crisis, China’s growth is now starting to stabilize, as the world tries to determine whether the country’s recovery will continue or falter. The signs are mixed, with consumers and businesses showing signs of both weakness and …

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Barclays steps up private banking game in Asia

A recent senior hire by Barclays for its private bank in Singapore shows how the UK-listed bank is tackling UHNW and family office clients in the Asian city-state and the wider region, a senior executive explained. . Barclays targets high net worth individuals and family offices in Asia, and a …

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Why Ray Dalio is wrong about China

Andrew Hunt is CEO of Hunt Economics and former Advisor to Dresdner Asset Management in Asia. Ben Ashby is a former Managing Director of the Chief Investment Office at JPMorgan. What do Goldman Sachs’ new wealth management joint venture with Industrial and Commercial Bank of China (ICBC) and hedge fund …

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The Minister of Finance proposes to share the CoWIN platform free of charge with other countries

Minister of Finances Nirmala Sitharaman Saturday offered to share India CoWIN vaccine distribution platform with other nations for free, claiming that humanitarian needs outweigh business benefits. Participation on the second day of the current course G20 Finance Ministers and Central Bank Governors Meeting, Sitharaman highlighted India’s successful experience in integrating …

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Are PepsiCo’s shares properly valued?

KIEV, UKRAINE – 2018/09/12: In this photo illustration, the logo of the PepsiCo Food company seen … [+] displayed on a smartphone. (Photo Illustration by Igor Golovniov / SOPA Images / LightRocket via Getty Images) LightRocket via Getty Images PepsiCo shares (NASDAQ: PEP) has risen nearly 12% in the past …

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Why Axon shares jumped 25.8% in June

What happened Law Enforcement Products Company Shares Axon (NASDAQ: AXON) jumped 25.8% in June, according to data provided by S&P Global Market Intelligence, as the company continued to move forward with its growth initiatives. It also didn’t hurt the fact that growth stocks rallied last month after falling on inflation …

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It’s probably coming home, says Goldman Sachs

England are set to beat Spain and win the Euro this weekend, Goldman Sachs analysts say. “With Belgium out of the competition now, our model sees England as the favorite to win the Euro after their 4-0 win over Ukraine,” read the July 4th note. The bank’s statistical model, which …

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Hong Kong investment bankers must reinvent themselves

The transition to clean energy means international banks are making tough decisions, but it also presents an opportunity for junior bankers to shine. Natural resources, metals and mining bankers have been through tough times in Asia in recent years, with many struggling to stay within their budgets. Now that major …

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4 ultra-high dividend stocks to buy now

The stock market is great in that there are many ways for investors to build wealth on Wall Street. But if there’s one almost constant among the world’s top-performing fund managers, it’s that they flock to dividend-paying stocks. Companies that pay a dividend are generally profitable and have proven operating …

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EBENEZER ONYEAGWU: Take Zenith Bank to Zenith

Mr. Ebenezer Onyeagwu MONEY Regardless of the difficult macroeconomic environment caused by the COVID-19 pandemic, among others, Zenith Bank, under the leadership of its group chief executive, Ebenezer Onyeagwu, has maintained its leadership position, writes Oluchi Chibuzor. Last month, it was two years since Mr. Ebenezer Onyeagwu assumed the role …

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Zhaojin Mining Industry Company Limited (HKG: 1818) Stocks have fallen but fundamentals look correct: will the market correct the stock price in the future?

With its shares down 15% over the past month, it’s easy to overlook Zhaojin’s mining industry (HKG: 1818). However, stock prices are usually determined by a company’s long-term financial data, which in this case looks pretty respectable. Specifically, we decided to study the ROE of Zhaojin Mining Industry in this …

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