Commercial banking

Beth Haddock is chief legal officer for wealthtech leader AdvisorEngine and an independent board director and advisor for emerging tech leaders.

With over 25 years of experience leading the design and successful implementation of modern governance programs, she fosters a culture of risk ownership, partnership and creative problem-solving, repositioning governance and compliance as powerful business drivers. She is the author of "Triple Bottom-line Compliance: How to Deliver Protection, Productivity and Impact" and is an active industry leader, serving as co-chair for the Web3 subcommittee of the Digital Tech Taskforce for the New York City Bar Association, the Regulatory Advisory Committee for the National Society of Compliance Professionals and on the Advisory Board for ADVISE AI.

In a speech, the Federal Reserve governor said she would have liked to see the Federal Open Market Committee move more quickly to reduce its holdings. The central bank is poised to begin slowing the pace of balance sheet runoff this week.

Marlette Funding partnered with Cross River Bank to originate the Prime loans, which account for 86.3% of the pool.

Raymond Leclercq is CFO of Board International, a provider of intelligent planning solutions for analytics and reporting to ensure companies are tracking and sustaining their ESG promises.

Firstrust Savings Bank and First Citizens Bank originated the loans, all of which are in-school, and a vast majority of the loans in the pool, 82.0%, are fixed rate.

The existing notes, known as non-standard debt and held by insurers, were swapped this month into newly issued commercial mortgage-backed securities in equal proportions.

SouthState Corp. plans to purchase Independent Bank Group in a $2 billion deal, marking an end to the latter bank's long run of buying companies. Chairman and CEO David Brooks pointed to a challenging interest rate environment and heightened regulatory scrutiny as reasons he decided to sell.

House Financial Services Committee Chair Rep. Patrick McHenry, R-N.C., told Federal Deposit Insurance Corp. Chairman Martin Gruenberg to make himself available for a June 12 hearing on the agency's workplace culture.

Executives at the Toronto-based bank said last year that they planned to add 150 branches in the United States. But when pressed on Thursday, they could not say how much they'll scale back their ambitions due to investigations over TD's anti-money laundering practices.

Kellie Johnson is SVP for the Americas at payments modernization specialists RedCompass Labs. Kellie previously worked at Payments Canada, Citi, Finastra and National Bank of Canada and has over 20 years of experience in payments with a focus on business development, strategy and product management.

Companies are seeing evidence of income falsification, which previous research shows is the most common type of fraud or defect risk.

This is the inaugural deal for the Texas-based, state-chartered lender, which offers a prime portfolio of auto contracts from total assets of $2.5 billion.

Anne Maltese is the Director of People Insights at Quantum Workplace. She is passionate about making work better every day by coaching organizations on how to design engaging employee experiences that drive business success. Before joining Quantum Workplace, Anne was a consultant at Gallup, working with organizations to solve their most pressing business problems. Anne has a master's degree in I/O Psychology from the University of Akron and nearly two decades of experience specializing in employee engagement, performance management, and workplace cultures.

Underwriting league tables of asset-backed securities through May 23, 2024

Issuance volume of asset-backed securities for the year through May 23, 2024

Martin Taylor is the co-founder and deputy CEO of Content Guru, a global cloud communications and customer experience technology provider. Martin's responsibilities include product innovation and strategic market development.

Fitch gave the resort a B+ property quality grade, and it increased its loan-to-value hurdles by 8.75% to reflect the collateral quality.

Shawn Goheen, CSA, LUTCF, is a partner at Goheen Insurance, A Simplicity Company, providing solutions to estate tax issues and helping high-net-worth individuals preserve their financial legacy. He is a 33-year veteran in the insurance industry.

Michael Spataro is the chief customer officer at Legion Technologies, an innovator in workforce management (WFM). His expertise lies with workforce management strategic planning for across multiple business sector with an emphasis on retail. Considered a thought leader in the Workforce Management space, he has a detailed understanding of workforce management space and the changing dynamics of the workforce.

Professionals also must grapple with the issue of wanting liquidity on assets in an era of low production.