American Business Bank promotes Jeffrey Munson to Chief Credit Officer

American Business Bank (OTCQX: AMBZ) is proud to announce the promotion of Jeffrey Munson to Executive Vice President, Chief Credit Officer of the Bank. In his new role Munson will manage Credit Administration, along with the SBA and Real Estate departments for the Bank. “Since Jeff’s arrival in 2018, he has been an invaluable contributor […]

Australia’s new Islamic bank secures Series A Funds from Hejaz Group

Australia’s first-ever Islamic bank has successfully completed its recent capital-raising round with a strategic investment from Hejaz Group, Australia’s leading Islamic financial services group. The bank recently launched a $10m Series A capital raising round to allow the bank to continue building its products and systems, with a launch planned across Australia in 2024. Islamic […]

Lazard announces two leadership appointments

Peter R. Orszag(right), CEO Lazard and Kenneth M. Jacobs(left) Executive Chairman, Lazard

Lazard Ltd recently announced that Peter R. Orszag, currently CEO of Financial Advisory at Lazard, has been unanimously elected by its Board to serve as CEO of Lazard and as a Board Director. Kenneth M. Jacobs, Chairman and CEO of Lazard, will serve as Executive Chairman of the Board and will continue to advise clients […]

4th Annual Future Banks Summit & Awards 2023

The KSA Future Banks Summit is a highly anticipated event that will focus on the latest developments, trends, and innovations in the banking and financial sectors. This summit will provide attendees from all over the world with the opportunity to participate in discussions and gain insights into the future of banking. The event’s website offers […]

Tradeweb acquires Australian electronic trading platform Yieldbroker

Tradeweb CEO Billy Hult

Tradeweb Markets Inc., a leading, global operator of electronic marketplaces for rates, credit, equities and money markets ,yesterday announced that it has entered into a definitive agreement to acquire Yieldbroker, a leading Australian trading platform for Australian and New Zealand government bonds and interest rate derivatives covering the institutional, wholesale, and primary segments. The transaction […]

Synapse expands Policy & Regulatory Advisory Board

Synapse Financial Technologies, Inc., one of the leading embedded finance platforms that increases access to best-in-class financial products, yesterday announced the appointment of four new members to its Policy & Regulatory Advisory Board. These latest additions to the Board are directly linked to the Company’s broader vision to build an industry-leading platform informed by policy, […]

East West Bank appoints Dr. Jason Hsu as Chief Economist

East West Bancorp, Inc., parent company of East West Bank, yesterday announced the appointment of Dr. Jason Hsu, founder and Chief Investment Officer of Rayliant Global Advisors, as the Chief Economist for East West Bank. In tandem with Dr. Hsu’s appointment, East West Bancorp has signed a definitive agreement to acquire a non-controlling interest in […]

Northern Trust appoints Patrick Cowan Chief Banking Officer for the West Region

Northern Trust has appointed Patrick Cowan Chief Banking Officer for the West Region, where he will lead the strategic direction and execution of the banking business to accelerate growth in the region. Most recently, Cowan was the Chief Banking Officer for Ascent Private Capital Management and US Bank, where he initiated new campaigns to transform […]

BankUnited welcomes Dr. Germaine Smith-Baugh to its Board of Directors

Germaine Smith-Baugh, Ed.D. member of the Board of Directors, BankUnited

BankUnited Inc. yesterday announced the election of Germaine Smith-Baugh, Ed.D. to its Board of Directors. “Dr. Baugh has more than 25 years of experience in executive leadership, non-profit management, board governance and financial administration,” said Rajinder P. Singh, BankUnited President, Chairman and CEO. “We have collaborated with her in her capacity as President and CEO […]

BankUnited appoint financial executives to form a new Corporate Banking Team

Thomas M. Cornish, BankUnited Chief Operating Officer

BankUnited Inc. has announced the hiring of three financial executives to form a new corporate banking team serving the New York Metropolitan area. The three executives come from First Republic Bank. “We are excited to welcome Matt, Dan and Laura to the BankUnited family,” said Thomas M. Cornish, BankUnited Chief Operating Officer. “As a well-capitalized […]