Bank of America

Grammy-Winning Rapper and Entrepreneur ‘Killer Mike’ to Speak at The DEC Network’s State of Entrepreneurship Event

by | Mar 14, 2023
The DEC Network, which marks its 10th anniversary this year, is gearing up for its 2023 State of Entrepreneurship event—the first-ever in Frisco. Dubbed 'the Super Bowl for Entrepreneurs' in North Texas, the annual gathering brings together game-changing startups and innovative business leaders.
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Home Loan Servicer Mr. Cooper Appoints EVP/Chief Legal Officer
by | Feb 23, 2023

Carlos M. Pelayo has been appointed executive vice president and chief legal officer of Coppell-based Mr. Cooper Group Inc.

Pelayo will lead the company’s legal department and corporate governance functions and will serve on the executive leadership team....

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Santander Consumer USA Names President of Chrysler Capital & Auto Relationships
by | Jan 27, 2023

Dallas-based Santander Consumer USA Inc. announced that Betty Jotanovic will be president of Chrysler Capital and Auto Relationships where she will be responsible for all aspects of Santander Consumer’s Chrysler Capital and Auto Relationships.

Jotanovic will report to Bruce Jackson who recently was named head of the Santander US Auto business and CEO of Santander Consumer....

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Bank of America Contributes Nearly $4M to North Texas Nonprofits in 2022
by | Dec 28, 2022
Bank of America has donated nearly $4 million to North Texas nonprofits this year, including local food banks and two 2022 Bank of America Neighborhood Builder® awardees.
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Bank of Montreal Taps North Texas for its Newest Tech Hub

by | Jul 25, 2022
With 50,000 employees and $820 billion in assets, the Bank of Montreal plans to add 50 new employees to its 250-person DFW workforce. Placing its newest tech hub in North Texas is part of the bank's plan to make the U.S. a major focus of its business. BMO joins JPMorgan Chase, Bank of America, and PNC Bank in having a significant tech presence in the Dallas-Fort Worth region.
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Follow the Money: Fort Worth Biotech Raises $16M, VC Firm Raises $25M for Debut Fund, S2 Capital Surpasses Blackstone as Region’s Most Active Multifamily Investor, and More
by | Jul 15, 2022
Plus, Dallas real estate startup Nada raises $5.7M, Arlington's Wonder Works Studios raises $5.53M, Exela Technologies in talks to sell off $200M-revenue business unit, PE firm Crossplane Capital closes $325M second fund, and more North Texas deals.
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New Age Capital Raises $25M for Debut Fund to Invest in ‘Historically Underfunded Founders’
by | Jul 14, 2022
Co-founded by Dallasite LaDante McMillon and Brooklyn-based Ivan Alo, New Age Capital has raised $25 million for its debut fund. Formed in 2016, New Age focuses on seed-stage rounds for startups with Black and Hispanic founders.

Looking ahead, New Age wants to be the “go-to institutional VC firm” in their space.
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Texan by Nature CEO Says ‘The Future Is Innovation.’ Here’s Why Today Is Our Slowest Day
by | Dec 16, 2021
The nonprofit is uniting industry and conservation as we move faster and faster towards progress.

How do we radically shape the future? In November, the Laura Bush-founded Texan by Nature hosted a conservation summit to tackle the topic. CEO Joni Carswell urged an audience of innovators, collaborators, and changemakers to “Ask yourself ‘what if?’ Do something different and new and more.”

Here are takeaways.
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Pam Seagle, Bank of America's manager of global women’s programs

New Bank of America Platform Helps Women-Owned Businesses Find Funding Sources

by | Oct 29, 2021
Women entrepreneurs in North Texas and across the U.S. have long faced challenges in finding funding for their businesses. Now Bank of America is stepping in to help "bridge the capital gap" with its new Access to Capital platform. The online resource educates women entrepreneurs on ways they can fund their businesses, and covers more than 350 sources of capital.
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Metro Dallas Homeless Alliance Raises $10M for Historic ‘Rapid Rehousing’ Program
by | Oct 18, 2021
The private donations by local companies and foundations are for the Dallas R.E.A.L. Time Rapid Rehousing initiative. Its goal: house more than 2,700 homeless people and families over the next two years. The $10M in private funds will complement $62M in federal funds allocated by local governments and DHA, the North Texas housing authority.
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Bank of America Set a Company Record for Patents Granted In the First Half of 2021. One Big Reason? Addison’s Manu Kurian.
by | Sep 1, 2021
Bank of America had a company-record 227 patents granted during the first half of 2021. One of its biggest inventors? Addison-based Global Banking SVP Manu Kurian, who ranks in the top 300 patent holders on earth. He's filed more than 360 patents since 2014, with more than 240 of those having been granted.
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Coworking Adapts to Survive and (Eventually) Thrive
by | Nov 29, 2020
Local coworking firms use different approaches to deal with COVID challenges.
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A Timeline for Action: Dallas ‘Roadmap’ Points the Way To Economic and Social Progress

by | Nov 13, 2020
The Community Transformation Action Roadmap is a new holistic framework of economic development that benefits everyone in Dallas, says Eric A. Johnson, Dallas' chief of economic development and neighborhood services.
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Bank of America Pledges $1B to Help Local Communities Fight Economic and Racial Inequality
by | Jun 3, 2020
The Dallas and Fort Worth market presidents for Bank of America share the increased commitment to communities of color in North Texas.
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Economy in Brief: New Dallas Region Economic Report Shows Initial Impact of COVID-19
by | May 14, 2020
The report, released by the DRC and presented by Bank of America, offers data and analysis to help the business community make better-informed decisions and give the public a better understanding of more-vulnerable workers in Dallas-Fort Worth.
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