23 March 2017
Visit EBAday.com

Tungsten recruits industry veteran Rick Hurwitz to run Americas

01 April 2014  |  2747 views  |  0 Source: Tungsten

Tungsten Corporation plc (LSE:TUNG) is pleased to give an update to the market.

Further to our announcement last week, the UK's Prudential Regulation Authority has accepted as complete the formal change of control request to finalise the acquisition of FIBI Bank (UK) Plc (the "Bank") and has initiated the formal 60 business day period for assessment and approval. The Board remains hopeful of having the required approval to commence the Bank's operations by the end of May 2014. The Bank is now moving into the new Tungsten Group headquarters in Pountney Hill House, Laurence Pountney Hill, London, EC4R 0BL.

To bolster our resources in Financing, we have hired senior personnel as follows:
• Chief Operating Officer, Financing
• Head of Financing Operations
• Head of Credit Analytics
• Head of Compliance

We have also attracted the significant talents of Rick Hurwitz to lead Tungsten's overall efforts in the Americas. Rick recently sold his stake in Pictometry, having helped build that technology business over the last decade, and previously founded Bancorp Services and Bridge Information Systems. He is joined by Peter Schiff-Smith, former Director at Citibank Treasury and Trade Solutions, to complement Paul Frederick and the Atlanta-based team.
Results for the full year to 30th April 2014 will be announced in July.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit capgemini.comParticipate in the surveyvisit abe-eba.eu

Top topics

Most viewed Most shared
Bank of England sets up fintech Community; runs blockchain and AI trialsBank of England sets up fintech Community;...
15946 views comments | 33 tweets | 26 linkedin
hands typing furiouslyMachine Learning: Lessons for Banks From S...
10017 views 0 | 11 tweets | 8 linkedin
Samsung Galaxy S8 to use facial recognition for payments - BloombergSamsung Galaxy S8 to use facial recognitio...
8360 views comments | 35 tweets | 28 linkedin
satellite26 Japanese banks register for Exchange-ru...
7435 views comments | 2 tweets | 1 linkedin
Can banks really win in the payments business of the future? – new Finextra reportCan banks really win in the payments busin...
7244 views comments | 21 tweets | 36 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job