NEA Appoints Schoen and Wu, Promotes Sharata to Partner
June 14, 20246 min
Several Investing Team Members Elevated to Principal and Senior Associate Roles, Reflecting Firm’s Decades-Long Emphasis on Mentorship and Development
Pathfinder Bancorp, Inc., announced that its banking subsidiary, Pathfinder Bank, has received the required regulatory agency approvals from both the New York State Department of Financial Services and the Federal Deposit Insurance Corporation to complete its pending acquisition of the East Syracuse, New York branch of Berkshire Bank, Pittsfield, MA located on 6611 Manlius Center Road. The purchase and assumption agreement provides for the transfer by Berkshire Bank to Pathfinder of the facility and other...
Voyager Therapeutics Appoints Nathan Jorgensen as CFO
June 13, 20244 min
Voyager Therapeutics, Inc., a biotechnology company dedicated to advancing neurogenetic medicines, announced the appointment of Nathan Jorgensen, Ph.D., MBA, as Chief Financial Officer (CFO), effective July 8, 2024. Jorgensen brings to Voyager a breadth of experience spanning investment banking, public and private healthcare investing, sell-side research, and operational roles in biotech, as well as expertise in neuroscience. He most recently served as Chief Financial Officer for Vor Biopharma Inc. “Voyager has built a strong financial...
Banco Latinoamericano de Comercio Exterior, S.A. announced the recent closing of a US$100 million three-year syndicated facility in favor of the Guatemalan bank Banco Promerica, S.A.. Bladex was the Sole Lead Arranger and Bookrunner, and Administrative Agent for the Facility. Banco Promerica Guatemala is one of the main subsidiaries of Promerica Financial Corporation (“PFC Group”), a leading financial banking group in Central America with operations in Panama, Guatemala, Costa Rica, Honduras, El Salvador and Honduras, as well as in the Dominican Republic, Ecuador and Cayman Islands. The Bank is...
OneAZ Credit Union Joins Metal Blockchain Innovation
June 12, 20245 min
Exploring Blockchain Use Cases for Enhanced Financial Services
Airstar Bank Introduces Futu as New Shareholder
June 10, 20242 min
AMTD Group Inc. together with AMTD IDEA Group (“AMTD IDEA”) and AMTD Digital Inc. (“AMTD Digital”), altogether known as (“AMTD”), jointly welcome that Airstar Bank, a Hong Kong virtual bank jointly co-established by AMTD and Xiaomi Corporation, has successfully introduced Futu Holdings Limited (“Futu”) as a new shareholder through its investment into Gravitation Fintech HK Limited, the parent company of Airstar Bank. Airstar Bank, steadfast in its commitment to leveraging financial technology, is devoted to...
Acquisition adds premier fundraising, secondary solutions and direct investment capital capabilities to the firm’s market-leading private equity M&A and capital markets franchises
CCF Group Successful €225m AT1 Issuance
June 7, 20243 min
On Wednesday, June 5th, CCF Group successfully closed its first Additional Tier 1 (AT1) issuance following the acquisition of HSBC’s retail banking activities in France. The Group issued €225 million of AT1 further enhancing its very strong capital position. As a result, the Group’s proforma Total Capital Ratio now exceeds 20%. Concurrently, the Group launched a tender offer for the existing €100 million of AT1 instruments issued in 2019. Prior to announcing this operation on...
Security and reliability emerge as top priorities, with more than half of consumers saying they would leave their bank if they were involved in an AI-related scam
Edelman Analyzes 20 Years of 401(k) Data, Trends
June 6, 20246 min
Managed accounts are helping employees of all ages with optimal benefit and uptake closer to retirement age The percentage of managed account members sharing personal data and goals has doubled in the last decade, enabling a more personalized experience to better meets their needs