Industry News

NMI Holdings, Inc., announces that Claudia Merkle has been named chief operating officer, effective September 12. Merkle will continue to report to CEO Bradley Shuster. A highly respected leader with more than 25 years of experience in the mortgage industry, Merkle has been with National MI since the company's inception in 2012 when she joined as senior vice president, underwriting and risk operations."/>
National MI's Claudia Merkle Named Chief Operating Officer
VersaBank and PWC Capital Inc. have entered into an agreement to merge by means of an amalgamation, the firm said. PWC Capital is a holding company that currently owns approximately 62.8% of VB's issued common shares. After the amalgamation, which is subject to regulatory and other approvals, the combined entity will continue to be named VersaBank."/>
Canada’s VersaBank to Merge with Largest Shareholder, PWC Capital
Clifton Bancorp Inc, Clifton Savings Bank, revealed on Tuesday that Diane Scriveri has been appointed as executive vice president and chief commercial loan officer. A New Jersey banking veteran, Scriveri has worked in a number of institutions within Bergen County mainly. During her community banking career, she has served in different senior management roles in the commercial and residential real estate areas."/>
CSBK names Diane Scriveri as chief commercial loan officer
PNC Financial Services Group Inc.. Faucher, who spoke Tuesday afternoon to a group of nearly 300 at PNC's 27th annual economic briefing in Erie, said he expects in 2017 to see Erie's economy grow, but more slowly than the rest of the nation as a whole, which has seen the..."/>
Erie economy likely to lag behind nation [Erie Times-News, Pa.]
Opus Bank announced today that Donika Schnell, Senior Managing Director, Head of Opus Bank’ s Healthcare Banking division, will participate at the 26th Annual National Investment Center For Seniors Housing and Care Fall Conference in Washington, D.C. Schnell will be joined at the conference by Sharmila Solanki, Managing Director, Healthcare Banking; Michael Kinnick, Managing Director, Healthcare Banking; and Bryan Nance, Director, Portfolio Manager."/>
Opus Bank’s Healthcare Banking Team to Attend National Investment Center for Seniors Housing and Care Fall Conference
Home Capital Group Inc. announced today that it has filed with the Toronto Stock Exchange a Notice of Intention to make a Normal Course Issuer Bid, as approved by Home Capital's Board of Directors, pursuant to which Home Capital may purchase for cancellation up to 3,251,743 of its Common Shares, representing approximately 5.0% of its 65,034,869 issued and outstanding Common Shares as of September 1, 2016. The average daily trading volume from March 1,..."/>
Home Capital Group Inc. Announces Normal Course Issuer Bid
Hilltop Securities Inc. announced today that Alan Lennick has joined the company’ s Private Client Group in Beverly Hills, Calif., as Regional Director for the West Coast and Senior Vice President, Practice Management. As Regional Director, Lennick will assist West Coast PCG branch managers with increasing advisor productivity and concentrate on recruiting new talent to the firm’ s wealth management business. In his role as SVP, Practice Management, Lennick will support..."/>
HilltopSecurities’ Private Client Group Welcomes Alan Lennick as West Coast Regional Director
Lazard Ltd announced today that it has acquired Verus Partners, an independent financial advisory boutique headquartered in Toronto. Brian Hanson, Co-founder and Managing Partner of Verus, has been named Chairman and CEO, Lazard Canada Investment Banking, effective immediately. “Brian and his team bring to Lazard’ s global network a number of Canada’ s most experienced and knowledgeable advisors, who have deep relationships with Canada’ s leading companies,” said..."/>
Lazard Expands Financial Advisory in North America with Acquisition of Canada-Based Verus Partners
Ellington Residential Mortgage REIT reported on Tuesday that its board of trustees approved a common stock dividend of USD0.40 per share for the third quarter of 2016.. All shareholders of record as of 30 September 2016 will be paid the dividend on 25 October 2016.. A mortgage real estate investment trust, Ellington Residential specialises in acquiring, investing in and managing residential mortgage- and real estate-related assets, with a primary focus on residential..."/>
Ellington Residential Mortgage declares dividend of USD0.40 per share for Q3 2016
Blackstone Mortgage Trust Inc on Tuesday declared a class A common stock dividend of USD0.62 per share for the third quarter of 2016.. Stockholders of record as of the close of business on 30 September 2016 will receive the dividend payment on 14 October 2016. A real estate investment trust, Blackstone Mortgage Trust originates and acquires senior loans collateralised by properties in North America and Europe."/>
Blackstone Mortgage Trust announces dividend of USD0.62 per share
Sumitomo Corporation have agreed to build a production facility for engineering and thermoplastics in Thailand in a joint venture with PTT Global Chemical Plc, the country's largest petrochemical firm. The agreement was signed yesterday in Tokyo for front-end engineering and design for the facility to make high-heat resistant polyamide and hydrogenated styrenic block copolymers. The project is expected to be located in..."/>
PTTGC signs thermoplastics JV [Bangkok Post, Thailand]
Aon plc, today released its biennial Health Care Workers' Compensation Barometer report, which explores trends in frequency, severity and overall loss rates related to workers' compensation in the health care industry. The report finds that for the 2017 accident year, health care systems will face a complex environment of emerging risks that will have a direct impact on workers' compensation."/>
Year ahead for health care systems will bring emerging risks, complex workers' compensation claims; An aging workforce and workplace violence are top-of-mind for health care systems
Presidio Bank disclosed on Tuesday that Michael Sinclair has been appointed as senior vice president/ relationship manager in the San Mateo Regional Office. With over 25 years' experience, Sinclair was in credit, finance, sales, real estate, mortgage underwriting and asset management in the banking and finance industry. Most recently he worked as SVP for Liberty Bank."/>
Presidio Bank names Michael Sinclair to San Mateo team

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