After relocating its corporate office last spring and undertaking almost 30,000 square feet of Boca Raton Real Estate, WCS Lending, LLC will be expanding its business operations again adding additional square footage at their 951 Yamato Road office location. At a time when most mortgage lenders are closing their doors or contracting, WCS Lending, LLC continues to grow despite the market conditions.
Northern Star Financial, Inc. (OTCBB: NSBK) Northern Star Financial, Inc., the parent company of Northern Star Bank, the Company announced today that it has entered into a agreement with Corporate Merchant Services Inc. who has tendered an offer to acquire fifty-one percent of Northern Star Financial, Inc. (the “Company”). Terms of the deal were not disclosed. The offer is subject to regulatory approval.
The Phoenix Companies, Inc. (NYSE: PNX) today announced that James D. Wehr, president and chief executive officer, will represent the company at the Credit Suisse Financial Services Forum on Friday, February 10, 2012, in Miami. Mr. Wehr’s presentation is scheduled for 9:30 a.m., Eastern Time, and will cover the company’s business strategy and performance.
John Gerspach, Chief Financial Officer of Citigroup, will present at the 2012 Credit Suisse Financial Services Forum on Wednesday, February 8, 2012. The presentation is expected to begin at approximately 12:30 PM (EST). A live webcast of the presentation will be available at www.citigroup.com/citi/fin. Presentation materials will be available for download 30 minutes prior to the event. A replay and transcript of the webcast will be available at www.citigroup.com/citi/fin/pres.htm.
Leerie T. Jenkins, Jr. Will Transition to Chairman of the BoardBrian P. Reed Named CEODavid Robertson Appointed President and COO
New York Community Bancorp, Inc. (NYSE: NYB) (the “Company”) today announced that President and Chief Executive Officer Joseph R. Ficalora will participate in the 13th Annual Credit Suisse Financial Services Forum to be held on Thursday, February 9th, in Miami.
Evans Bancorp, Inc. (the “Company”) (NYSE Amex: EVBN), a community financial services company serving Western New York since 1920, announced today that Gary A. Kajtoch, Executive Vice President and CFO, will present at the Sterne Agee Financial Institutions Investor Conference at the Peabody Hotel, Orlando, FL on Monday, February 13, 2012, at 8:45 a.m. ET.
Heartland Payment Systems® (NYSE: HPY), one of the nation’s largest payments processors, has named Moriah Murphy as a director of marketing. With broad marketing experience from her work with various companies and Florida associations, Murphy will lead Heartland’s launch of city-specific immersive marketing and recruitment campaigns, while also pursuing state government and other niche market business in the Tallahassee, Fla., region.
Huntington Bancshares Incorporated (NASDAQ: HBAN; www.huntington.com) will be participating in the 13th Annual Credit Suisse Financial Services Forum on February 9, 2012 at the Mandarin Oriental in Miami, Florida. Mr. Don Kimble, Senior Executive Vice President and CFO, is scheduled to present to analysts and investors at 8:45 am ET. He will discuss business and financial performance and strategies, and the presentation will include forward-looking statements.
The Bancorp, Inc. (“Bancorp”) (Nasdaq: TBBK) will present at the Stern Agee Financial Institutions Investor Conference in Orlando, Florida on February 13, 2012 at 1:45 pm (EST). Interested parties can access the LIVE webcast by visiting the “Presentations” page within the investor relations section of Bancorp’s website at www.thebancorp.com. For those who are not available to listen to the live broadcast, a replay will be available shortly following the presentation on Bancorp’s investor relations website within the “Presentations” section.
Lazard Ltd (NYSE: LAZ) announced today that Kenneth M. Jacobs, Chairman and Chief Executive Officer, is scheduled to deliver a presentation at the 2012 Credit Suisse Financial Services Forum on Wednesday, February 8, 2012, at 2:15 p.m. EST.
CIT Group Inc. (NYSE: CIT) cit.com, a leading provider of financing to small businesses and middle market companies, today announced that Nelson J. Chai, President, and Scott T. Parker, Chief Financial Officer, will present at the 13th Annual Credit Suisse Financial Services Forum on Thursday, February 9, 2012, in Miami, Florida. The presentation is scheduled for 2:15 PM EST.
Synovus (NYSE: SNV) Chairman and CEO, Kessel D. Stelling, will present at the 13th Annual Credit Suisse Financial Services Forum on Thursday, February 9, 2012 at 11:45 a.m. ET in Miami.
H.I.G. Capital LLC, a leading international private equity firm based in Miami, Florida, announced today that it has completed the sale of Service Net (the “Company”) to Chartis U.S., Inc. (“Chartis”), a wholly owned subsidiary of American International Group, Inc. (“AIG”). Service Net is a leading service management company that creates, administers and markets service warranty solutions for original equipment manufacturers (“OEMs”) and specialty retailers covering a wide array of consumer durable products.
Fifth Third Bancorp (NASDAQ: FITB) will present at the Credit Suisse Financial Services Forum in Miami on Wednesday, February 8, 2012 at approximately 10:15 AM EST.
H.I.G. Capital, a leading global private equity firm with more than $8.5 billion of equity capital under management, announced today that it has opened an office in Rio de Janeiro, and appointed Fernando Marques Oliveira as a Managing Director to lead its Brazil and Latin America team.
Captive Insurance Industry Plays a Key Role in Managing Exposures for Critical Risks
FXCM Inc. (NYSE: FXCM) today announces that Chief Executive Officer, Drew Niv and Chief Financial Officer, Robert Lande, are scheduled to present at the 13th Annual Credit Suisse Financial Services Forum to be held February 7-10, 2012 at the Mandarin Oriental Resort in Miami, Florida. Messrs. Niv and Lande will be speaking Wednesday, February 8 at 11:45 a.m. (EST).
Former Chief of Staff to Haley Barbour Will Lead Advocacy Efforts
A.M. Best Co. has downgraded the financial strength rating to A- (Excellent) from A (Excellent) and issuer credit rating to “a-” from “a” of FFVA Mutual Insurance Co. (FFVA) (Maitland, FL). The outlook for both ratings has been revised to negative from stable.
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