First Data Chief Financial Officer Himanshu Patel to Present at the Deutsche Bank Technology Conference

First Data Corporation | August 31, 2016

First Data Corporation (NYSE: FDC), a global leader in commerce-enabling technology and solutions, announced today that Himanshu Patel, Chief Financial Officer, will present at the Deutsche Bank Technology Conference on Tuesday, September 13, 2016 at the Encore at Wynn Las Vegas in Las Vegas, NV. Mr. Patel is scheduled to present at 2:00 p.m. PT / 5:00 p.m. ET.

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FINANCIAL MANAGEMENT,INVESTMENT MANAGEMENT

Investment Banking Firm Outcome Capital Launches Advisory Practice

Outcome Capital | August 26, 2022

Outcome Capital, a highly specialized life science and healthcare investment banking group, today announced the formal launch of an Advisory Services Practice in response to demand from client companies and their Boards for earlier access to Outcome’s broad scientific, clinical, financial and strategy capabilities. The firm’s advisory services will include bespoke tax and accounting solutions provided by Michaele Esdale, PhD, CPA, who joined the firm earlier this year. “We are excited to offer our Advisory Practice as a complement to our investment banking services, and Michaele’s deep accounting background deepens the breadth of our services to enable full-scope analysis. Her additional services will provide our clients with end-to-end, strategy creation to financial service offerings that clients will benefit from significantly,” - Arnold Freedman To meet Outcome’s deep commitment to the life science sector, the firm has already assisted numerous innovative companies, family offices and venture firms seeking “pre-transaction” guidance and support in anticipation of future exit events and capital requirements. The company will now formally offer life science and healthcare management, Boards and investors with access to the firm’s strategic and financial expertise through the new Advisory Services Practice. Services provided will include proprietary data and analytics platforms, modeling and valuation frameworks, portfolio management expertise, financial statement analysis, earnings optimization, exit planning and scenario analysis, along with a myriad of corporate development services. In addition to Dr. Esdale, these services will be provided by Outcome’s legacy strategy and finance groups, led by Co-Founders and Managing Directors Oded Ben-Joseph, PhD, MBA and Arnold Freedman, along with senior management: Ellen Baron, PhD; Paul Mieyal, PhD, CFA; Karl Hess; Craig Steger; Michael Casasanta, PhD; Thomas Busby and Nicholas Frame, PhD. Dr. Ben-Joseph commented, Technologies can all too easily drift from what the market is truly seeking, and a strong corporate development function reduces extraneous costs and increases the likelihood of transacting. Curiously, however, one of the last positions filled for many life science companies is related to corporate development, which is an instrumental role in our industry. Since Outcome’s inception, we have found management teams at a disadvantage when initiating transaction work too late and we often represent clients who have conveyed their regret in not engaging sooner after seeing the benefits we can offer. Therefore, although our team has already been undertaking this strategic work routinely, we are looking forward to formally offering services to address these corporate development needs. Dr. Esdale is a CPA with over twenty years of experience spanning accounting and taxation in a variety of senior public and private roles. Prior to Outcome Capital, Dr. Esdale spent nearly two decades in academia, authoring over 30 publications in both academic and professional journals. Concurrent to her time in academia, Dr. Esdale was a national tax instructor for PwC and KPMG, where she taught a wide variety of topics including mergers and acquisitions, corporate tax and the ins and outs of net operating losses. Dr. Esdale’s operational expertise includes CFO and COO positions for a technology company that provided clinical trial data-sharing software to multinational pharmaceutical companies. She is a 2019 Boston Business Journal 40 Under 40 Honoree. Dr. Esdale commented, I am looking forward to the opportunity to assist growth-stage companies with business optimization strategies. The financial advisory services we provide assist in maximizing current profitability and instituting best practices, while also serving to implement necessary infrastructure for future growth and exit strategies. About Outcome Capital Outcome Capital is a highly specialized life science and healthcare advisory and investment banking firm, providing innovative companies with a value-added, market-aligned approach to mergers & acquisitions, partnering and corporate finance. The firm leverages its proven ‘strategy-led execution’ approach to value enhancement by assisting management teams and their boards in navigating both financial and corporate markets and implementing the best path for success. The firm’s strength stems from its multi-disciplinary, industry experts who draw from their broad relationships and a wide range of scientific, operational, strategic and transactional expertise across the value chain. Comprised of former CEOs, business development executives, venture capitalists, PhD/MD-level scientists and clinicians, and experienced commercialization experts, our team is driven to propel innovation from bench to bedside.

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FINANCIAL MANAGEMENT,FINTECH

BlackRock Expands Megatrends Platform with the Launch of the Future Financial and Technology ETF

BlackRock and iShares | August 19, 2022

BlackRock has expanded its Megatrends platform with the launch of the BlackRock Future Financial and Technology ETF. The Fund is actively managed by BlackRock’s Fundamental Equity (FE) franchise and seeks to maximize total return by investing in companies delivering innovative and emerging technologies that are driving disruption within the financial services industry. “In the United States alone, the use of fintech increased by 30% during the pandemic1, Through BPAY, investors are granted direct access to global companies that are driving the next leg of growth and leading the digital revolution in areas across the entire value chain such as payment systems, banking, investments, lending, and insurance and software.” - Vasco Moreno, Lead Portfolio Manager of BPAY BPAY is the sixth active ETF in BlackRock’s U.S. Megatrends platform, and the fifth from the FE franchise, which includes other future-focused actively managed thematic ETFs targeting technology, innovators, health, and environmental economy. The FE organization harnesses the power of human intellect, industry-leading technology and the global scale of BlackRock in their mission to deliver consistent, risk-managed alpha. With a long history in thematic investing, BlackRock is committed to providing access to forward-looking investment themes via targeted, transparent and cost-effective vehicles, BPAY is representative of the firm’s deep fundamental research expertise, strong active and index platforms, and focus on innovation,said Jay Jacobs, U.S. Head of Thematics and Active Equity ETFs at BlackRock. BlackRock offers the largest active and index thematic platform in the world, spanning 44 products with over $50 billion in AUM2. About BlackRock BlackRock’s purpose is to help more and more people experience financial well -being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. About iShares iShares unlocks opportunity across markets to meet the evolving needs of investors. With more than twenty years of experience, a global line-up of 900+ exchange traded funds (ETFs) and $2.78 trillion in assets under management as of June 30, 2022, iShares continues to drive progress for the financial industry. iShares funds are powered by the expert portfolio and risk management of BlackRock.

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FINTECH

BlackRock Launches Industry’s First BuyWrite Fixed Income ETFs

BlackRock | August 23, 2022

BlackRock today launched a first-of-its-kind suite of fixed income ETFs that provide access to buy-write investment strategies on baskets of fixed income securities: the iShares 20+ Year Treasury Bond BuyWrite Strategy ETF, iShares High Yield Corporate Bond BuyWrite Strategy ETF and the iShares Investment Grade Corporate Bond BuyWrite Strategy ETF. Each ETF packages two potential income sources into one ticker – premiums generated by selling monthly call options on the underlying ETFs and the yields from each of the underlying ETFs themselves. “The iShares’ bond ETF platform has the world’s largest, comprehensive toolkit1 for individuals and institutions by providing access to the $124 trillion fixed income market with essential building blocks for a wide variety of macroeconomic climates, Market participants have used a buy-write strategy on equities since options were first listed more than 50 years ago. The iShares Bond BuyWrite ETFs introduce these capabilities to fixed income, pioneering new possibilities for an asset class sitting at the center of so many long-term portfolios.” -Carolyn Weinberg, Global Head of Product for ETF and Index Investments, BlackRock Helping Investors; Capital Markets Innovation The iShares BuyWrite ETFs aim to increase yield potential for investors, debuting during the most challenging environment for fixed income in decades due to inflation, hawkish central banks and interest rate volatility. Each iShares BuyWrite ETF seeks to track a designated index from Cboe Global Indices by owning shares of the underlying ETF and selling one-month call options at a strike price at or near the closing price of the ETF the day before the strategy writes the call options. Each month, the iShares BuyWrite ETFs will distribute to shareholders both the call option premiums collected and the underlying funds’ monthly distributions. TLT, HYG and LQD have grown into important financial instruments in the fixed income markets and have some of the most liquid options markets of any ETF2, Our buy-write exposures expand the functionalities of bond ETFs by unlocking a sophisticated use case with a potential to enhance income for investors in this volatile yield environment,said Stephen Laipply, U.S. Head of Bond ETFs at BlackRock. BlackRock pioneered bond ETFs in 2002 with the launch of four products and this space has since grown 23% annually into a $1.7 trillion industry with more than 1,400 offerings.3 Over 20 years, bond ETFs have become fundamental to fixed income investing and BlackRock estimates they will reach $5 trillion in AUM by the end of the decade. About BlackRock BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. About iShares iShares unlocks opportunity across markets to meet the evolving needs of investors. With more than twenty years of experience, a global line-up of 900+ exchange traded funds (ETFs) and $2.78 trillion in assets under management as of June 30, 2022, iShares continues to drive progress for the financial industry. iShares funds are powered by the expert portfolio and risk management of BlackRock.

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CORE BANKING,PAYMENTS

PNC BANK SIGNIFICANTLY EXPANDS SURCHAGE-FREE ATM ACCESS THROUGH NCR'S ALLPOINT NETWORK

PNC BANK and NCR Corporation | August 17, 2022

PNC Bank announced today a new partnership with NCR Corporation and its Allpoint ATM network, providing customers with surcharge-free access to cash through more than 41,000 machines across the United States, including Hawaii and Alaska. PNC customers now have surcharge-free access to nearly 60,000 PNC Bank and PNC partner ATMs across the country. "As a Main Street Bank, PNC is committed building a platform that empowers the financial well-being of our customers. A key part of that is making our solutions available to customers no matter where they live or where they may travel, Partnering with NCR's Allpoint ATM network allows us to more than triple our already expansive network, providing our customers with significantly greater surcharge-free access to their cash from coast-to-coast." - Alex Overstrom, head of Retail Banking for PNC NCR's Allpoint network, the largest retail-based surcharge-free ATM network in the United States, provides banks like PNC with access to ATMs at top retail establishments including grocery and convenience stores, pharmacies, and big-box stores. We know consumers prefer a financial services provider that delivers convenient account access and management, including surcharge-free cash access, Through NCR's robust Allpoint ATM network, PNC can help meet their customers' cash access needs in the places that work best for them – the conveniently located stores that already are part of their lives, said Don Layden, EVP, Payment & Network, NCR. PNC Bank National Association PNC BankNational Associationis a member of The PNC Financial Services Group, Inc. PNC is one of the largest diversified financial services institutions in the United States, organized around its customers and communities for strong relationships and local delivery of retail and business banking including a full range of lending products; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management.

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Spotlight

J.P. Morgan is a leader in financial services, offering solutions to clients in more than 100 countries with one of the most comprehensive global product platforms available. We have been helping our clients to do business and manage their wealth for more than 200 years. Our business has been built upon our core principle of putting our clients' interests first.

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