Nexbank recently made a release of their last quarter financial report for the year 2015. According to the release, it is fair to say that the bank is doing quite well, having witnessed a steady financial growth for the last four years, consecutively.
NexBank Reports Strong Fourth Quarter and Full Year 2015 Results
The company’s president and CEO seemed to be quite satisfied with last year’s financial results of the company. He quoted that the company had observed an enormous growth in its total assets. This is all attributed to the increased earnings in this year.
In the same financial year, the company recorded a growth in their deposits. The growth is deposits was as a result of acquiring College Savings Bank. This acquisition added to their total deposits for the year.
Overall, the continuous growth of the company is attributed to their strategic positioning within the market. The company, being dedicated to commercial clients, has seen them develop products that efficiently suit the needs of their clients.
NexBank Capital Inc. in Brief
NexBank is a leading regional provider for financial services to both commercial and individual clients. The company history can be traced back to the year 1922, when they started serving the banking community in the United States. The company is led by John Dondero, who is also the co-founder and president of Highland Capital Management.
NexBank majors in three core lines of business. The company offers mortgage banking. Mortgage banking services by the company are in two forms, wholesale and warehouse. They also offer commercial and investment banking services on various platforms. For the past four years, the company has been witnessing massive growth in all aspects of its business.
Securus Technologies is a technology company that works with criminal and civil justice institutions across the United States. The services offered by the company are there for more than a million inmates in thousands of different correctional facilities, mostly located within northern America. Securus Technologies is currently based in Dallas, Texas. They offer a variety of different services, including incident management, emergency response, biometric analysis, communication, information management, and more.
As of late, Securus Technologies has stated that they have discovered evidence of bad activity from Global Tel Link and that they will be sharing information with the general public. Global Tel Link is also a company that offers communication services to inmates. Richard Smith, the current Chief Executive Officer for Securus Technologies, has stated he believes institutions like his own should be prioritizing their services with law enforcement, inmates, and the general public. The goals for this sector are critical, and the firms experts should be making sure the clients interest remain a top priority. Securus plans to release its information on Global Tel Links misconduct through various press releases over the coming 6 months.
Securus plans to make their first press release showing dishonest practice from GTL about them offering their services to the Louisiana Department of Corrections, which they have a 17 page publication that has already been approved. On top of this there were many unknown charges be added to and increasing the overall bills. There was also double billing on calls, and all of this misconduct was performed intentionally with the intention of overcharging their customers. This means GTL illegally took hundreds of thousands of dollars in tax money from people.
Securus Video Visitation – Everyday from Securus Technologies on Vimeo.
Danilo Diaz Granados, a businessman and financier who has several ventures under his belt has went above and beyond to create an unforgettable experience for some of Miami’s wealthiest residents. One of those ventures is called Toys For Boys Where Danilo Diaz Granados is a co-founder and major player in. Toys For Boys is a luxury boutique for upscale residents founded in 2013 in the city of Miami. It offers vintage contemporary art, one of a kind jewelry, collector watches and exotic cars for preview and sale.
Getting back to the special event Mr. Diaz Granados held for Miami’s rich and famous, he took them out on a trip that whisked them out on the ocean, the air and through a racetrack. The day began with a group of hand picked guests at the exclusive Dame Zaha Hadid’s One Thousand Museum sales center having breakfast at the new luxury development’s leasing center. This is new high rise luxury center located just outside of downtown Miami and that has breathtaking ocean and city views. The guests were given a private tour of the development.
Next followed a private helicopter ride that took the guests to the Palm Beach Race Track. Each guest was allowed to get behind an automobile and take it for a ride around the racetrack, getting a feeling of what professional race car drivers experience. After getting a thrill at the Palm Beach Race Track, the wealthy guests were taken by helicopter back to the mainland of Florida. This time their destination was the River Yacht Club on the banks of the Miami River from which the city gets its name from.
Among their arrival at the River Yacht Club, the guests were greeted by bottles of Dom Perignon which is one of the finest champagne from France. The guests and Danillo Diaz Granados had an exquisite lunch at the club. After lunch was over, the guests boarded private yachts and headed out on the ocean for a private sunset outing on the Atlantic Ocean. The two new yachts were given by the sponsors of the event which were Van Dutch and Technomar. Additional sponsors of the event included the One Thousand Museum Housing development, Gryphon Racing and Air Commander Aeorspace who helped organize the helicopter ride. Find Danilo on his Twitter.
Laidlaw & Company
is an investment banking firm with a long history in the investment arena. Laidlaw specializes in raising capital among its many financial responsibilities. Relmada Therapeutics recently added to a previous suit against Laidlaw & Company and their executive leaders, James Ahern
and Matthew Eitner
. The suit alleges that Laidlaw has stolen trade secrets from Relmada and has violated their agreement to help raise needed capital. Laidlaw had worked to raise capital for Relmada as part of the financial agreement entered into by both parties.
Laidlaw has answered the suit by countersing Relmada claiming that the funds they raised for the drug company constitute an ownership position for Laidlaw.
A quick perusal of Relmada’s stock chart since their inception signifies they have serious problems. Relmada appears to have its back to a wall, and Laidlaw
may succeed with its hostile takeover.
All too often investment banks are held in low regard by their clients who have become unhappy that an investment or a series of investments has not performed as well as they had imagined. In troubled economic times, these accusations of fiscal irresponsibility get worse and more plentiful. For many firms and investors, it is a no-win situation.
The judge, in this case being brought forth in Nevada, will need to have the wisdom of a Solomon in determining who is at fault in this contentious matter.