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KeyBanks’ Vermont District named 2009 District of the Year

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first_imgKeyBanks’ Vermont District has been named the 2009 District of the Year among KeyBank N.A.’s 22 districts nationwide. The award recognizes the highest ranking district based on overall financial performance, service to clients and commitment to community. “Our employees are incredibly dedicated to our clients and the communities we serve,” said Scott Carpenter, president, Vermont District, KeyBank N.A. “Our bankers work as a team to provide strong financial solutions and advice, and Vermonters and Vermont companies have rewarded us with their business.”KeyBank Vermont District’s performance highlights include increasing loans and deposits over 2008, achieving excellent customer services survey scores, and demonstrating a commitment to the community through volunteerism and charitable support efforts. Key provides commercial banking, private banking, consumer banking, investment services and mortgage services through its 13 branches across Vermont.KeyBank N.A. is one of Vermont’s largest financial services companies. A strong proponent for local economic growth, Key companies provide investment management, retail and commercial banking, retirement, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. The company’s businesses deliver their products and services through KeyCenters and offices; a network of approximately 2,400 ATMs; telephone banking centers (1.800.KEY2YOU); and a Web site, Key.com, that provides account access and financial products 24 hours a day.Source: BURLINGTON, Vermont, March 19, 2010 — KeyBank.last_img read more

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Suspect Charged With Murder in Hempstead

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first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York A suspect was arrested Wednesday for allegedly killing a 31-year-old man in the victim’s hometown of Hempstead last month, Nassau County police said.Marvin Yanez, 42, of Mineola, was charged with second-degree murder and assault.Police said Yanez killed Luis Rustrian Estrada, who was found suffering from injuries in Brierley Park on Oct. 18 and died shortly later at a local hospital.Yanez will be arraigned Thursday at First District Court in Hempstead.last_img

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River Rose Cafe to close its kitchen Saturday

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first_imgEmployees say they will miss the memories they have shared with the customers and says the final day of serving food will be emotional. Owner Pat Hensen announced her retirement earlier this year as well as her decision to close her beloved store and cafe. Penfield’s daughter, Heather Macneill, reminisced on the Christmas childhood memories she had at the eatery. “We’d like dress up in matching Christmas coats and come here and we always ate at the cafe and we always got the same sandwich and so like we have so many memories of year after year coming here,” said Macneill. “It’s very sad really because it brings warmth to the store and it makes people feel cozy so when you don’t have the cafe you’re missing all those wonderful aromas and friendly feelings,” said Hensen. “For so many years me and my two daughters and friends have come here and this has always been our number one go-to place. When we say ‘where do we want to go for Christmas?’, it’s always this cafe and this store and the owner is such an amazing woman that we were just crushed when we heard it was closing,” said Dr. Lorrie Penfield from Elmira. The Hand of Man store, however, will remain open until April. The River Rose Cafe, located inside the Hand of Man store in Owego, will be making its final food orders on Saturday, December 28. Hensen says Upstate Shredding CEO Adam Weitsman will be purchasing the property to turn it into a new restaurant. The River Rose Cafe will serve food for the final time Saturday from 10:30 a.m. until 3:30 p.m. “Everyday for the past two months. Three months. There’s not a day that goes by where people don’t tell us how sad they are and how much they loved coming here,” said Blair. OWEGO (WBNG) – Longtime customers are saying goodbye to a local cafe after 20 years of business. Head chef Becky Blair says it will be a bittersweet day for her and the community. Longtime customers say they were devastated to hear the news of their favorite cafe closing. “There’s going to be some tears and probably some regulars that we probably won’t ever see again,” said Blair.last_img read more

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Amundi sets growth targets with market expansion, mid-size acquisitions

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first_imgAt the time of the merger, Amundi held some €439bn in AUM, which has since grown to €777bn, Crédit Agricole’s latest update said.The French bank’s plans for the manager, however, include exponential growth over the next two years.It set targets to reach €1trn of assets by 2016, through organic expansion and consolidating mid-sized rivals in acquisitions.In its update to investors, Crédit Agricole said Amundi was to “strengthen commercial resources in Germany and the UK”.Organic expansion will also see the firm develop more products for clients, including debt funds and corporate savings vehicles, along with office openings in Sweden and the Netherlands.Crédit Agricole also said Amundi would “play a key role in sector consolidation in Europe” via the acquisition of mid-sized asset management firms to open up additional platforms and distribution networks, while driving the development of “high-priority business and geographical areas”.The bank also provided details on the manager’s strategic focus for the next two years.It said Amundi was to consolidate its lead position in the French market while targeting high-priority customers, including institutional investors. Crédit Agricole, the parent to Amundi, has set the French asset manager a strong medium-term growth target, with expectations for it to break the €1trn AUM mark by 2016.Along with the manager’s expansion, Crédit Agricole will also see its share in Amundi increase by 5 percentage points to 80%, as it moves to complete control of the merged company.Amundi, in 2009, was created by the merging of Crédit Agricole’s and rival Société Générale’s asset management businesses.Société Générale will continue to own the remaining 20%.last_img read more

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Sweden roundup: Alecta, Skandia look beyond Q1

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first_imgTwo of Sweden’s main pension providers revealed depleted solvency levels at the end of the first quarter after March’s pandemic-triggered financial markets sell-off, but, publishing interim results, both pointed to developments beyond the end of the reporting period.Alecta, the country’s largest pension fund, posted a 10.5% investment loss in the first quarter for the default option in its Alecta Optimal Pension defined-contribution scheme, with the firm’s solvency ratio falling to 149% at the end of March from 162% at the same point a year before.Alecta chief executive officer Magnus Billing said: “During the first quarter, the capital markets were very strongly marked by the spread of the coronavirus worldwide.”He said this had had a negative impact on the firm’s return, but that the company’s finances were strong and it was well equipped to meet its commitments to all customers despite the current financial turmoil. Alecta’s defined benefit (DB) scheme ended the quarter with a 7.1% loss, while the collective consolidation of its DB insurance weakened to 133% from 144% a year before.Total assets under management stood at SEK893bn (€83.2bn) at the end of March, Alecta stated. This is down from the SEK963bn the firm reported for the end of December.“The return on the portfolio has also improved sharply in April, thanks to the rebound in the stock markets,” Billing said.In times of financial turmoil and rapid stock market declines, he said it became clear that Alecta’s long-term, very low fee level and products with built-in consumer protection contributed to great security for it customers. “The coronavirus pandemic’s real consequences will not be seen until the second quarter.”Frans Lindelöw, CEO of SkandiaMeanwhile, pensions and life insurance firm Skandia reported an overall investment loss of 4.4% in the first three months of the year with group solvency falling to 162% at the end of March from 175% at then end of last year.Frans Lindelöw, CEO of Skandia, said the end of the first quarter had been challenging as a result of the coronavirus pandemic, but added: “Its real consequences will not be seen until the second quarter.”He also said: “But we are stable and well-equipped even in troubled times, as our figures for the first quarter reflect.”Total assets under management in the traditional life portfolio fell to SEK475bn at the end of the quarter from SEK498bn at the turn of the year, according to the interim results statement.Lindelöw ascribed the relative narrowness of the traditional life portfolio’s first quarter loss to its diversification, the fact it contained many alternative investments and had a low proportion of listed shares.“In addition, the weakening of the krona contributed positively to the return on foreign assets,” he said.last_img read more

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IMCA Sets Up Freelance Competence E-Portfolios

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first_imgThe International Marine Contractors Association (IMCA) has developed an electronic document that enables freelance or agency professionals to demonstrate their experience and competence.The IMCA freelance e-portfolio, made available initially for offshore survey roles in April 2018, provides competence assurance to contractors and their clients. Similar material for ROV personnel is being prepared for release before the end of 2018, and there is said to be a considerable interest in extending the concept for use by diving personnel.Steve Benzie of Subsea 7 and chairman of IMCA’s Competence & Training Committee, said: “The need to demonstrate competence, in addition to experience, means that CVs are no longer enough for IMCA members, or their clients. There is far greater emphasis now on the need for evidence clearly demonstrating that a freelance professional is competent for the role to be undertaken. “Some IMCA member companies have already instigated e-portfolios for their own personnel, so it is natural that there should be something freely available and easy to use and update for the freelance population and the agencies and contractors they represent. This is a significant step forward for our industry.”last_img read more

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MP concedes defeat over paid parental leave bill

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first_imgNZ Herald 4 November 2014Labour MP Sue Moroney has been forced to concede defeat over her paid parental leave bill and instead is asking National to support a severely watered down version.The new version gives extra leave to parents of twins or triplets, premature babies or those born with a disability.Ms Moroney’s members’ bill to lift paid parental leave to 26 weeks will go before Parliament again tomorrow but the election result means she no longer has the numbers to pass it.Instead she introducing an amendment to replace the universal extension in the bill with a much narrower provision to extend paid parental leave to 22 weeks in June for parents of babies born prematurely, with a disability or in the case of multiple births. It would lift further to 26 weeks in 2017.Ms Moroney said she sent her proposal to the all the other parties in Parliament yesterday but was yet to hear back. Her decision to water down her original bill so significantly were forced by “political reality” – after the election National now had the numbers to vote it down.http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11353154last_img read more

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GOtv Boxing Night mini debuts

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first_imgRelatedPosts AAAN Board visits new APCON Registrar Flykite announces postponement of GOtv Boxing Night 21 Real One, Baby Face, Esepo to headline GOtv Boxing Night 21 A mini version of the hugely successful GOtv Boxing Night, tagged GOtv Boxing Night Mini, is set to start. The inaugural edition will hold on 16 November at the Rowe Park, Yaba, Lagos. This was announced yesterday by the organisers, Flykite Productions, at a media sit-in in Lagos.Jenkins Alumona, CEO Flykite, explained that GOtv Boxing Night Mini is conceived to provide more frequent opportunities for boxers as a means of ensuring that they get requisite number of fights to make them eligible for sub-regional, continental and international title bouts.“Our boxers have, despite the best efforts of GOtv Boxing Night, inadequate opportunities to fight and build their fight records, which they need to become eligible for international titles. GOtv Boxing Night Mini, which will be staged with more frequency than the main event, will address this challenge,” he said.Alumona also explained that the 20th edition of GOtv Boxing Night, which was planned to hold last Saturday, has been fused into the mega edition of the event slated for December. The development, he said, was imposed by the injury suffered in training by Oto “Joe Boy” Joseph, African Boxing Union lightweight champion, who was scheduled to defend his title against Rilwan “Real One” Oladosu, West African Boxing Union champion in the much-anticipated headline bout.He added that hopes that the injury would heal on time proved misplaced, as sports medicine experts advised that the injury-a shoulder breach-be allowed a longer recuperation period to avoid aggravation.Some of the other boxers slated to fight at GOtv Boxing Night 20 will, however, feature at GOtv Boxing Night Mini. These include Rilwan “Baby Face” Babatunde, Kabiru “KB Godson” Towolawi and Cynthia “Baby Girl” Ogunsemilore. Also lined up to be in action is Waheed “Skoro” Usman, former ABU featherweight champion.Tags: GOtv Boxing NightGOtv Boxing Night MiniJenkins Alumonalast_img read more

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Greaves hits maiden first class ton to rescue Barbados Pride

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first_imgBRIDGETOWN, Barbados, (CMC) – Justin Greaves struck a maiden first class hundred to help prop up Barbados Pride on the opening day of their final round game in the Regional four-day championship against Jamaica Scorpions.Sent in at Kensington Oval, Pride were in danger of collapse at 98 for five before Greaves arrived to pummel an attractive unbeaten 104 which propelled the hosts to 297 for six at the close here Saturday.Kenroy Williams chipped in with a career-best 82 while opener Kyle Corbin added 51 and West Indies one-day player Ashley Nurse, 33 not out.Seamer Derval Green (2-36) and left-arm spinner Dennis Bulli (2-86) both finished with two wickets apiece.Fielding a weakened side with most of their first team players on West Indies duty, Pride endured a rocky start as they lost several early wickets.Left-hander Anthony Alleyne perished for one with the score on 25 in the fifth over of the morning, edging a defenisve prod at fast bowler Jerome Taylor to Jermaine Blackwood at second slip.One-day batsman Jonathan Carter edged a drive at Green and was taken behind for 10 at 43 for two on the stroke of the first hour and soon afterward, Ryan Wiggins on debut was caught at slip by Blackwood off left-arm spinner Fabian Allen for one at 50 for three.Kevin Stoute fell for 11 and Corbin, after facing 96 balls and striking six fours, was caught at leg slip by Blackwood off Bulli.With Pride in turmoil, Greaves came to the fore, anchoring two critical partnerships to turn the innings around. He added 124 for the sixth wicket with Williams and 75 with Nurse in an unbroken seventh wicket stand.The 23-year-old, better known for his right-arm pace, faced 182 balls in just over 3-1/2 hours at the crease and counted eight fours.Williams, meanwhile, struck eight fours in a knock spanning 155 deliveries in just under three hours at the crease.When Bulli had him caught at square leg in the first hour after tea, Nurse entered to further frustrated Scorpions, ensuring that Greaves also went past three figures for the first time in 10 first class matches.PRIDE 1st inningsK Corbin c Blackwood b Bulli 51A Alleyne c Blackwood b Taylor 1J Carter c wkp Thomas b Green 10R Wiggins c Blackwood b Allen 1*K Stoute c Blackwood b Green 11K Williams c Griffith b Bulli 82J Greaves not out 104A Nurse not out 33Extras (b1, lb3) 4TOTAL (6 wkts, 97 overs) 297Fall of wickets: 1-25, 2-43, 3-50, 4-65, 5-98, 6-222.To bat: +M. Rampersaud, S. Benn, J. Warrican.Bowling: Taylor 13-4-25-1, Green 10-2-36-2, Allen 16-3-52-1, Miller 24-4-51-0, Bulli 23-0-86-2, Campbell 11-0-43-0.SCORPIONS – *N. Miller, F. Allen, P. Palmer, J. Campbell, J. Blackwood, D. Bulli, +D. Thomas, C. Walton, T. Griffith, J. Taylor, D. Green.last_img read more

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Super Falcons to Land in France Today for World Cup

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first_imgAfrican champions Super Falcons are expected to land in France today ahead of the 8th FIFA Women’s World Cup finals starting this weekend.The players and officials departed their Avita Resort in Bad Tatzmannsdorf in Austria, where they were on a two-week residential camping. Falcons spent Monday night in Vienna ahead of the trip to the host country of the women’s Mundial.NFF’s Communications Director, Ademola Olajire confirmed yesterday that “spirit is high in the team’s camp after handsome wins in two friendly matches against top clubs in eastern Europe. “On Tuesday, they defeated Hungarian Premier Division side, Halandas Viktoria 5-1 in Hungary and on Sunday, put three past ZNK Pormuje in Slovenia,” he noted.Asisat Oshoala, who scored a brace in each of the friendly matches, has secured a substantive contract with FC Barcelona Ladies in Spain. Only weeks ago, she became the first African to score in the final of the UEFA Women’s League even as FC Barcelona lost to defending champions Olympique Lyon in France.Uchenna Kalu, who scored the other goal against Pormuje on Sunday, is in a rich vein of form, after scoring nine goals to emerge top scorer of the WAFU Women Cup of Nations in Abidjan just before the trip to Austria.“There is a new bounce to the steps of power forward Desire Oparanozie, who has been made captain of the squad, and energetic winger Franciscca Ordega is rearing to go after fully settling down to football life in China.Petite forward Rasheedat Ajibade will be attending her first major finals as a foreign-based professional, and Chinwendu Ihezuo, who scored against Viktoria in Hungary, is also in great mood after settling down in China,” concludes Olajire.Goalkeeper Tochukwu Oluehi, defenders Onome Ebi, Osinachi Ohale and Ngozi Ebere, and midfielders Ngozi Okobi and Halimatu Ayinde, who played key roles in Nigeria’s triumph at the Women Africa Cup of Nations finals in Ghana late last year, are all confident the Falcons can pull surprises in France.The Falcons are up against Norway in their first match of the 8th FIFA Women’s World Cup at the Stade Auguste Delauney in Reims on Saturday, before other Group A matches against Korea Republic (Grenoble, 12thJune) and host nation France (Rennes, 17th June).Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

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