Amrita Patel will lead Wells Fargo Equipment Finance
SAN FRANCISCO–(BUSINESS THREAD)–Wells Fargo & Company (NYSE: WFC) announced that Amrita Patel will lead Wells Fargo Equipment Finance (WFEF), which provides specialty financing for the purchase, acquisition or lease of assets related to equipment fleets, transportation and rental, as well as a comprehensive service. reseller and distributor programs. Patel will report to Mary Katherine DuBose, head of the bank’s secured lending and leasing businesses in Wells Fargo Commercial Banking. Bill Mayer, who has led WFEF since 2015, has announced his retirement after 34 years in financial services. “Amrita’s experience, previous leadership positions and strong history of delivering outstanding results that…
Read More »B2Gnow appoints Guzin Caglayan as CFO
PHOENIX, August 2, 2022 /PRNewswire/ — B2Gnowthe phoenixAn industry leader in supplier diversity management, procurement and grant management software solutions to more than 400 state, local and educational organizations, today announced the appointment of Guzin Caglayan as financial director. Guzin Caglayan joins B2Gnow with over 20 years of finance experience, most recently as CFO of high-growth SaaS companies. Ms. Caglayan has a proven track record of driving substantial growth in the content, business services and SaaS technology sectors, and will be responsible for leading the company’s financial functions. “It’s a privilege to join a company that is leading the way…
Read More »US ambassador to Japan warns of Chinese economic coercion
TOKYO (AP) — The United States is working with Japan and other allied countries to counter China’s efforts to use its economic power to force political change around the world, the U.S. ambassador to Japan said Tuesday. in an interview with The Associated Press. Rahm Emanuel, formerly the mayor of Chicago and chief of staff to President Barack Obama, is pushing what he calls “commercial diplomacy,” the idea that the U.S. and Japan will be more willing to do business with each other and with a similar security. and stable countries amid concerns caused by the COVID pandemic, the war…
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Love Island fans shocked when they discover Davide’s job and rumored financial situation
‘Of all the things I expected him to do for a living’: Love Island fans are shocked to discover Davide’s job and financial situation as owner of a shisha business By Milly Veitch for Mailonline Published: 03:34 EDT, August 2, 2022 | Updated: 03:44 EDT, August 2, 2022 Love Island fans have admitted to being shocked by Davide Sanclimenti’s employment and rumored financial situation. The Love Island winner, 27, runs a shisha business that supplies hookah products to restaurants and nightclubs. He has avoided talking about his work while on the show, which leaves many fans unaware of his occupation….
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This week’s financial news: from the PM fight to cheeseburgers
Rishi Sunak and Liz Truss fight to lead the country, while the cost of a McDonald’s cheeseburger has risen; Virgin Money’s M account could boost your bank balance (Image: Getty) In the last seven days, Rishi Sunak has pledged to remove VAT from energy bills, another rate of interest is on the horizon and McDonald’s has raised the price of its cheeseburger for the first time in 14 years. But what does all this mean for you? In the latest installment of our Making Money Make Sense series, consumer champion Sarah Davidson breaks down the numbers and news that matter….
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Central Bank of Kenya orders financial institutions to stop dealing with two Nigerian fintechs – Regulation Bitcoin News
In a letter addressed to CEOs of financial institutions, the Central Bank of Kenya (CBK) has said that financial institutions operating in the country must cease and desist from dealing with two Nigerian fintechs, Flutterwave and Chipper Cash. The letter reiterates claims by CBK Governor Patrick Njoroge and the Asset Recovery Agency (ARA) that the two companies are not licensed to operate in Kenya. Flutterwave and Chipper’s clash with the CBK The Central Bank of Kenya (CBK) has ordered the country’s financial institutions to cease and desist from dealing with two Nigerian fintech startups Flutterwave and Chipper Cash. The order…
Read More »Snowflake to announce financial results for the second quarter of fiscal year 2023 on August 24, 2022
No-Headquarters/BOZEMAN, Mont.–(BUSINESS THREAD)–Snow flake (NYSE: SNOW), the Data Cloud company, today announced that it will release its financial results for the second quarter of fiscal year 2023, which ended on July 31, 2022, after the close of US markets on Wednesday, August 24, 2022. Snowflake will host a conference call to discuss financial results. Details of the conference The conference call will begin at 3:00 p.m. Mountain Time on August 24, 2022. Investors and participants may attend the call by dialing (844) 200-6205 (passcode: 880899), or if they are outside the United States, dialing +1 (833). ) 950-0062 (password: 880899)….
Read More »KBRA assigns preliminary ratings to Mercury Financial Credit Card Master Trust Series 2022-2
NEW YORK–(BUSINESS THREAD)–KBRA assigns preliminary ratings to four classes of notes issued by Mercury Financial Credit Card Master Trust, Series 2022-2 (“MFCCMT 2022-2”), a credit card asset-backed securitization issued from Mercury Financial Credit Card Master Trust (“Master Trust”). The 2022-2 MFCCMT Notes are secured by and repaid by a portfolio of revolving general purpose credit card accounts in the trust portfolio (“Trust Portfolio”) to which the Series 2022-2 Notes are assigned a percentage of interest in the trust portfolio. The accounts originated through Mercury Financial and legacy accounts purchased from a Delaware banking corporation. MFCCMT 2022-2 will include a 24-month…
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