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Creates leading global wealth manager with USD 5 trillion of invested assets across the Group Extends UBS lead in Swiss home market UBS strategy unchanged, including focus on growth in Americas and APAC Attractive financial terms which include downside protection Annual run-rate of cost reduction of more than USD 8 billion expected by 2027 UBS remains strongly capitalized well above our target of 13% and committed to progressive cash dividend policy A focused Investment Bank,...

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Brankas is now a licensed payment service provider after acquiring the Bank Indonesia (BI) Payment Service Provider (PJP) Category 3 License and the Operator of Payment Systems (OPS) certificate from the Bangko Sentral ng Pilipinas (BSP). As a BI-registered PSP, Brankas is authorized by BI to conduct payment transactions after demonstrating compliance with the regulatory body’s standards for companies conducting remittance services. As a BSP-registered OPS, Brankas is now under the supervision of the BSP...

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Thread Bancorp, Inc. (Thread Bank) is pleased to announce that Andrew Montgomery has joined the team as its Senior Vice President/Director of FinTech Partnerships. In this role, Montgomery is responsible for identifying and building strategic partnerships with other financial technology companies and enhancing Thread Bank’s growing suite of digital products and services. Prior to joining Thread Bank, Montgomery was most recently Managing Director, Venture Banking at Live Oak Bank, where he helped lead the newly formed Venture...

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Alma Bank (the “Bank”) is pleased to announce the appointment of Nancy Papaioannou as Senior Advisor.  In her new role, Ms. Papaioannou will report directly to Michael Psyllos, the President and Chief Executive Officer, and will focus on business development and relationship growth. Ms. Papaioannou is a widely respected community bank leader who, most recently, served as President of The Atlantic Bank Division of New York Community Bank. She will work closely with Mr. Psyllos, as well as...

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