Signature Bank Appoints Three Associate Group Directors; Bankers to Join Private Client Banking Teams in Bank's Brooklyn and Jackson Heights, Queens, Locations.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Signature Bank (Nasdaq:SBNY), a New York-based full service commercial bank, announced today the appointment of three Associate Group Directors to its network of 45 private client banking teams. Stella Alishayeva and Farzana Ghori were named Associate Group Directors at Signature Bank's Jackson Heights, Queens Jackson Heights is a neighborhood in north-western portion of the borough of Queens in New York City, USA. The neighborhood is part of Queens Community Board 3.[1] , location. The Bank also appointed Roman Rozenberg to serve as Associate Group Director for its Brooklyn, N.Y., office at 26 Court Street. Both Alishayeva and Ghori will join the Scott McGrath private client banking team, which will soon transition from Signature Bank's Long Island City location to a new office at 78-27 37th Avenue in Jackson Heights, Queens, N.Y. Signature Bank's previously announced Jackson Heights location is expected to open in October 2006. Alishayeva and Ghori join Signature Bank from JP Morgan Chase's Forest Hills, Queens Forest Hills is a neighborhood in central part of the New York City borough of Queens. It is bordered to the north by Rego Park, to the east by Flushing Meadows Park, the Grand Central Parkway and Kew Gardens, to the west by Middle Village and to the south by Forest Park. , N.Y., location, where Alishayeva worked for the past 12 years and Ghori for five. Most recently, Alishayeva served as Assistant Branch Manager - Assistant Vice President while Ghori was an Assistant Treasurer - Loan Officer. Roman Rozenberg joins the Kirk Meyerson private banking client team, which has operated from Signature Bank's 26 Court Street office in Brooklyn since joining the Bank in November 2005. Previously, Rozenberg was a Small Business Relationship Manager at JP Morgan Chase in the Williamsburg branch in Brooklyn. Rozenberg, with six years of banking experience, spent three of those years working with Meyerson in Williamsburg, Brooklyn Williamsburg is a neighborhood in the New York City borough of Brooklyn, bordering Greenpoint, Bed-Stuy, and Bushwick. . Commenting on the new appointments, Joseph J. DePaolo, Signature Bank President and Chief Executive Officer, said: "Complimenting our 55 Group Directors with talented and experienced individuals such as Stella, Farzana, and Roman is directly in line with our strategic business plan to create and attract the best banking professionals and teams available, especially in today's marketplace. Overall, we expect these new bankers will help enhance the strength of the teams they are joining and will prove beneficial to our growth." Alishayeva is a resident of Fresh Meadows, Queens Fresh Meadows is a primarily residential neighborhood in northeastern portion of the borough of Queens in New York City, which is bordered to the east by Francis Lewis Boulevard and Cunningham Park, to the south by Union Turnpike, to the north by Kissena Park, and to the west by , and a graduate of the Margilan College of Planning and Finance in Uzbeskistan, Russia. She is fluent in Russian and maintains close ties to that community. Ghori resides in Rego Park, Queens Rego Park is a diverse neighborhood in the central portion of the New York City borough of Queens. It is bordered to the north by Elmhurst and Corona, the east and south by Forest Hills and the west by Middle Village. The neighborhood is part of Queens Community Board 6. . She holds a Masters Degree in Economics and Accounting from Punjab University Punjab University can refer to one of the following:
Rozenberg earned a degree in finance from Touro College in Brooklyn, and is a resident of Brooklyn. He speaks Russian and Yiddish, and is involved in the Russian Community Center in Brighton Beach Brighton Beach is a community on Coney Island in the borough of Brooklyn in New York City. , Brooklyn. About Signature Bank Signature Bank, member FDIC FDIC See: Federal Deposit Insurance Corporation FDIC See Federal Deposit Insurance Corporation (FDIC). , is a New York-based full-service commercial bank with 17 private client offices located in the New York metropolitan area New York–Northern New Jersey–Long Island is the most populous metropolitan area in the United States and the third most populous in the world, after Tokyo and Mexico City. , serving the needs of privately owned businesses, their owners and senior managers through dozens of private client groups. The Bank offers a wide variety of business and personal banking products and services as well as investment, brokerage, asset management and insurance products and services through its subsidiary, Signature Securities Group Corporation, a licensed broker-dealer, investment adviser and member NASD/SIPC. Signature Bank's 17 offices are located throughout the metropolitan New York area. In Manhattan - 261 Madison Avenue Madison Avenue, celebrated street of Manhattan, borough of New York City. It runs from Madison Square (23d St.) to the Madison Bridge over the Harlem River (138th St.). In the 1940s and 50s, some of the major U.S. ; 1020 Madison Avenue; 300 Park Avenue; 71 Broadway; 565 Fifth Avenue; 950 Third Avenue; and 200 Park Avenue South. Brooklyn - 26 Court Street and 84 Broadway. Westchester - 1C Quaker Ridge Road The name Ridge Road can refer to multiple streets and roads. Canada
Since commencing operations in May 2001, the Bank has grown to approximately $4.7 billion in assets, $3.71 billion in deposits, $355 million in equity capital and approximately $1.9 billion in other assets other assets Assets of relatively small value. For financial reporting purposes, firms frequently combine small assets into a single category rather than listing each item separately. under management as of June 30, 2006. For more information, please visit www.signatureny.com. This press release and oral statements made from time to time by our representatives contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 that are subject to risks and uncertainties. Forward-looking statements include information concerning our future results, interest rates, loan and deposit growth, operations, new private client team hires, new office openings and business strategy. These statements often include words such as "may," "believe," "expect," "anticipate," "intend," "plan," "estimate" or similar expressions. As you consider forward-looking statements, you should understand that these statements are not guarantees of performance or results. They involve risks, uncertainties and assumptions that could cause actual results to differ materially from those in the forward-looking statements. These factors include but are not limited to: (i) prevailing economic conditions; (ii) changes in interest rates, loan demand, real estate values, and competition, which can materially affect origination levels and gain on sale results in our business, as well as other aspects of our financial performance; (iii) the level of defaults, losses and prepayments on loans made by us, whether held in portfolio or sold in the whole loan secondary markets, which can materially affect charge-off levels and required credit loss reserve levels; and (iv) competition for qualified personnel and desirable office locations. Additional factors are described in our quarterly and annual reports. You should keep in mind that any forward-looking statements made by Signature Bank speak only as of the date on which they were made. New risks and uncertainties come up from time to time, and we cannot predict these events or how they may affect the Bank. Signature Bank has no duty to, and does not intend to, update or revise the forward-looking statements after the date on which they are made. In light of these risks and uncertainties, you should keep in mind that any forward-looking statement made in this release or elsewhere might not reflect actual results. |
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