Tag: General Business

Pinnacle Financial Partners Announces Dates for Second Quarter 2022 Earnings Release and Conference Call

NASHVILLE, Tenn., July 05, 2022–(BUSINESS WIRE)–Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced it will release its second quarter 2022 financial results on Tuesday, July 19, 2022, after market close. It will also host a live webcast on Wednesday, July 20, at 8:30 am CT to review its financial results, business outlook for the firm and other matters. The second quarter 2022 earnings release and all information needed to join the webcast will be available on the investor relations page of Pinnacle’s website at PNFP.com.

For those who engage in the Q&A portion of the call, the process for doing so has changed. These callers will first need to register for the call using this linkwhich is also available on the investor relations page of PNFP.com. Registrants will receive an email with the link and personal access code needed to join the audio and

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FCTI, Inc. Brings Aboard Bennett Robinson as New Vice President of Finance

LOS ANGELES, July 5, 2022 /PRNewswire/ — FCTI, Inc.a nationwide ATM solutions provider, today announced its hire of new Vice President of Finance, Bennett Robinson. As the lead financial officer, Robinson will be responsible for conducting thorough economic analysis, managing the finance team, and working with business development to structure deals that meet financial targets.

Robinson has over three decades of experience in financial planning and analysis. Throughout his career, he has worked for large, well-known companies, including Travelocity.com, American Airlines, and 7-Eleven.

Prior to joining the FCTI team, Robinson spent fifteen years with global ATM provider, Cardtronics/NCR. During his tenure, he led financial assessment and structuring of large retail and financial institution deals, including contracts such as 7-Eleven Canada, Target, Fifth Third, and Citibank.

“The financial industry provides unique challenges when it comes to planning, deal structures, and profitability,” said Robinson. “I look forward to working

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KPMG’s business in UAE split by partner infighting and coup attempt

KPMG’s business in the United Arab Emirates has been split by infighting, with the chief executive surviving an attempted coup after two senior partners raised governance concerns and were subsequently fired.

The accounting group’s Lower Gulf business was pitched into turmoil last week as a group of partners planned a secret ballot to determine whether Nader Haffar, KPMG’s chief in the region since 2018, had lost their support, according to current and former insiders.

Haffar would have faced removal if three-quarters of the firm’s 60 partners had said they had lost confidence in him, the insiders said.

However, the momentum for the uprising had stalled on Friday and the vote was called off, according to one of the people. “It looks like Nader has survived for now,” the person said.

The two senior partners who lost their jobs over the past month sat on KPMG Lower Gulf’s executive committee. Insiders

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Funding Circle, DreamSpring Partner to Increase Access to Capital for Small Business Owners in Underserved Communities

Online lending platform‘s lending-as-a-service program expands nonprofit community development financial institution’s equitable lending reach and impact

DENVER, July 05, 2022–(BUSINESS WIRE)–Funding Circleone of the nation’s leading online small business loans platforms, and DreamSpring, a nonprofit community development financial institution (CDFI) with nearly 30 years of experience in community lending, has launched a new partnership to increase access to funding for small business owners in underserved communities across the nation. The new partnership aligns with both organizations’ shared commitment to advancing entrepreneurship and innovation by providing equitable access to capital to small businesses.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220705005130/en/

through this lending-as-a-service program, DreamSpring will be able to expand its distribution and impact throughout the nation and originate more loans faster and at a lower cost, all while ensuring a seamless experience for customers. DreamSpring small business customers who

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New UK finance minister Zahawi inherits faltering economy, soaring inflation

British new Finance Minister Nadhim Zahawi leaves 10 Downing Street, in London, Britain, July 5, 2022. REUTERS/Henry Nicholls

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LONDON, July 5 (Reuters) – Britain’s new finance minister Nadhim Zahawi takes the reins of an economy struggling under the strain of nearly double-digit inflation and a slowdown that looks set to be more severe than in most of the world’s other big nations.

Like his predecessor Rishi Sunak, Zahawi will face pressure to spend more and cut taxes from lawmakers in Prime Minister Boris Johnson’s Conservative Party who has been stung by a slump in the party’s popularity.

The former education minister – who co-founded opinion polling firm YouGov before entering parliament – will also be expected to play a key role in settling the still-unfinished business of Brexit with Britain and the European Union.

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