Capital One

Peapack Private Announces New York City Expansion

Retrieved on: 
Monday, April 8, 2024

Andrew, fresh off his long tenure from Signature Bank and its successor Flagstar Bank, is now the President of the Commercial Bank in New York for Peapack Private.

Key Points: 
  • Andrew, fresh off his long tenure from Signature Bank and its successor Flagstar Bank, is now the President of the Commercial Bank in New York for Peapack Private.
  • “We are continuing to move aggressively into New York City due to the market disruption that occurred last spring,” said Doug Kennedy, President and Chief Executive Officer of Peapack-Gladstone Bank.
  • “We were attracted to the single-point-of-contact model that Peapack Private offers, along with the added value of its wealth management solutions,” commented Corrado.
  • Peapack Private fully expects to continue offering its private banking service model to the Tri-State area and to grow in the coming years.

Peapack Private Hires Joanne Gagliardi, Senior Managing Director

Retrieved on: 
Tuesday, April 2, 2024

BEDMINSTER, NJ, April 02, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private, a division of Peapack-Gladstone Bank, are proud to announce that Joanne Gagliardi has joined its commercial banking team as a Senior Managing Director.

Key Points: 
  • BEDMINSTER, NJ, April 02, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private, a division of Peapack-Gladstone Bank, are proud to announce that Joanne Gagliardi has joined its commercial banking team as a Senior Managing Director.
  • With the Bank’s expanded footprint in New York City, Joanne joins a team of high-skilled commercial bankers, helping to grow Peapack Private and its commercial and industrial business into the New York market.
  • She is responsible for providing customized banking solutions to small and medium-sized enterprises to achieve their long-term financial goals.
  • Joanne brings over 25 years of financial services experience to Peapack Private, most recently serving as Senior Vice President, Senior Relationship Manager at Capital One Bank where she was designated as top banker for eight consecutive years, increasing profitability through the generation of new business while expanding the portfolio of complex clients.

Dawn Kasulke Joins Peapack Private as Senior Managing Director, Team Leader

Retrieved on: 
Tuesday, April 2, 2024

BEDMINSTER, NJ, April 02, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private, a division of Peapack-Gladstone Bank, are proud to announce that Dawn Kasulke has been appointed to lead a team of experienced commercial bankers as a Senior Managing Director, Team Leader, for Peapack Private’s New York City location.

Key Points: 
  • BEDMINSTER, NJ, April 02, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private, a division of Peapack-Gladstone Bank, are proud to announce that Dawn Kasulke has been appointed to lead a team of experienced commercial bankers as a Senior Managing Director, Team Leader, for Peapack Private’s New York City location.
  • She will oversee building out the Bank’s presence in Manhattan.
  • Dawn has extensive experience leading high-performing commercial bankers whose primary focus is providing customized client solutions that meet individual and complex needs.
  • Prior to that as National Business Banking Sales Director and Business Banking Regional Director at Santander Bank, N.A.

Deep Sentinel Introduces FlashBang – A Groundbreaking Active Deterrent Feature to Combat Rising Crime Rates

Retrieved on: 
Tuesday, April 9, 2024

A waitlist is now available on the Deep Sentinel website with the product officially launching in May 2024.

Key Points: 
  • A waitlist is now available on the Deep Sentinel website with the product officially launching in May 2024.
  • With crime rates escalating and criminal tactics becoming increasingly brazen via flash mob robberies and car-ramming burglaries, Deep Sentinel is empowering businesses to finally subdue and impair criminals.
  • “Crime is growing exponentially and more aggressively," said David Selinger, CEO and founder of Deep Sentinel, emphasizing the critical role FlashBang will play in combating criminal threats.
  • For more information about Deep Sentinel and the FlashBang waitlist, visit https://www.deepsentinel.com/flashbang/ .

New Research Finds 90% of Lenders See Alternative Data as Key to Approve More Worthy Borrowers

Retrieved on: 
Tuesday, April 9, 2024

With 75% of lenders expecting that the CFPB’s proposed 1033 “Personal Financial Data Right” rule will eliminate data sharing obstacles for consumers—streamlining the way lenders collect and consider alternative data points in their credit risk assessments—the opportunities for widespread adoption of alternative data within credit underwriting practices are immense.

Key Points: 
  • With 75% of lenders expecting that the CFPB’s proposed 1033 “Personal Financial Data Right” rule will eliminate data sharing obstacles for consumers—streamlining the way lenders collect and consider alternative data points in their credit risk assessments—the opportunities for widespread adoption of alternative data within credit underwriting practices are immense.
  • However, only 43% of lenders currently supplement credit scores with alternative data in their risk assessments.
  • Despite promising results, barriers to alternative data adoption persist, including concerns about regulatory scrutiny, data reliability, and integration complexities.
  • To address this financial knowledge gap, many lenders are turning to alternative data sources to bolster their underwriting models.

HACU and TMCF Partner on Capital One Launchpad: Legacy & Leadership Program

Retrieved on: 
Monday, March 18, 2024

SAN ANTONIO, March 18, 2024 (GLOBE NEWSWIRE) -- The Hispanic Association of Colleges and Universities (HACU) and Thurgood Marshall College Fund (TMCF) have announced they will host the Capital One Launchpad: Legacy & Leadership Program.

Key Points: 
  • SAN ANTONIO, March 18, 2024 (GLOBE NEWSWIRE) -- The Hispanic Association of Colleges and Universities (HACU) and Thurgood Marshall College Fund (TMCF) have announced they will host the Capital One Launchpad: Legacy & Leadership Program.
  • This experience will bring together students from HACU-member Hispanic-Serving Institutions (HSIs), and TMCF Historically Black Colleges and Universities (HBCUs) and Predominantly Black Institutions (PBIs).
  • Sophomore, junior, or senior college students who have participated in leadership of campus activities or comparable groups are encouraged to apply.
  • “Our partnership with HACU and TMCF will ultimately allow us to produce long lasting relationships with these HBCUs and HSIs.”
    “We are thrilled to partner with HACU and TMCF on the Capital One Launchpad: Legacy & Leadership Program.

Greystone Real Estate Capital Adds Key Hires to LIHTC Platform

Retrieved on: 
Monday, March 18, 2024

NEW YORK, March 18, 2024 (GLOBE NEWSWIRE) -- Greystone , a leading national commercial real estate finance company, announced that its Low Income Housing Tax Credit (LIHTC) Syndication Platform, Greystone Real Estate Capital, has added four senior members to its team.

Key Points: 
  • NEW YORK, March 18, 2024 (GLOBE NEWSWIRE) -- Greystone , a leading national commercial real estate finance company, announced that its Low Income Housing Tax Credit (LIHTC) Syndication Platform, Greystone Real Estate Capital, has added four senior members to its team.
  • “It’s gratifying to grow a team of committed professionals who have such deep experience in affordable housing equity and finance, and we are energized to make an impact on the sector as we develop Greystone’s LIHTC syndication platform,” said Mr. Greg Voyentzie, head of Greystone Real Estate Capital.
  • Mr. Egidi, with over 15 years of affordable housing industry experience, is responsible for asset selection, fund placement, structuring, marketing, and management of institutional investor relationships for Greystone Real Estate Capital.
  • Mr. Gordon, bringing over 12 years of affordable housing experience, provides Credit & Underwriting direction and guidance for all of Greystone Real Estate Capital’s investments.

Santander Names Swati Bhatia Head of Retail Banking and Transformation

Retrieved on: 
Wednesday, March 27, 2024

(“Santander Bank” or “the Bank”) announced today that Swati Bhatia has joined as head of Retail Banking and Transformation, effective immediately.

Key Points: 
  • (“Santander Bank” or “the Bank”) announced today that Swati Bhatia has joined as head of Retail Banking and Transformation, effective immediately.
  • Bhatia reports to Tim Wennes, Santander Bank CEO and Santander US country head, and to Daniel Barriuso, global head of Retail and Commercial Banking and Group Transformation.
  • “Santander is a respected and innovative global banking leader, and I am excited to be joining the Retail Bank business at this pivotal moment of transformation and growth.
  • Santander’s globally connected technology platforms and depth of digital expertise provides a competitive advantage and positions the business for profitable growth in the U.S. market,” said Swati Bhatia, head of Retail Banking and Transformation in the U.S.

Matador Resources Company Announces Amendment to Its Credit Facility and Completion of Natural Gas Pipeline Connections

Retrieved on: 
Monday, March 25, 2024

Matador is also pleased to announce that five new banks joined the credit facility, bringing the total bank group to 19 banks.

Key Points: 
  • Matador is also pleased to announce that five new banks joined the credit facility, bringing the total bank group to 19 banks.
  • “Both pipeline additions, which include over 20 miles of natural gas pipeline, will enable Matador to more effectively gather and transport natural gas production from the 21 Dagger Lake South wells, which are expected to be turned-to-sales in the second quarter of 2024.
  • The natural gas pipeline connection between Pronto Midstream and San Mateo can flow natural gas in either direction to optimize market conditions.
  • These natural gas pipeline connections will assist in the execution of our strategic priorities for our production, including record Matador production in 2024, as our guidance has indicated.”

Pandion Secures $41.5M in Series B Funding, Announces New Executive Team Members to Accelerate the Growth of its Residential Parcel Delivery Network

Retrieved on: 
Thursday, March 21, 2024

Pandion , the parcel network designed for e-commerce residential delivery and founded by Amazon Air founder Scott Ruffin, today announced a $41.5 million Series B funding round led by Revolution Growth.

Key Points: 
  • Pandion , the parcel network designed for e-commerce residential delivery and founded by Amazon Air founder Scott Ruffin, today announced a $41.5 million Series B funding round led by Revolution Growth.
  • Pandion will use the new funding to accelerate the growth of its residential parcel delivery network, including building new technology offerings, expanding its geographic reach, and increasing delivery speed for customers like Saks Fifth Avenue.
  • As part of the funding, Kristin Gunther, partner at Revolution Growth, will join Pandion’s board of directors.
  • At a time when retailers are diversifying their carrier portfolios and searching for options beyond the parcel duopoly, Pandion can offer a more flexible and responsive shipping network.