Banking industry

Amalgamated Source

Global Alliance for Banking on Values (GABV) commits to work with its members to disclose the climate impact resulting from their portfolio of loans and investments within the next three years

At the end of every year, people often take time to reflect on the year that was and what can be done to improve in the year ahead. The slate is wiped clean and resolutions are made, often complete with gym memberships, diet plans or book clubs.

Amalgamated Source

Amalgamated becomes first US bank to commit to measuring, reporting, and reducing financed emissions.

Amalgamated Source

Tyler Nickerson has been appointed as First Vice President of Commercial Banking at Amalgamated Bank

Amalgamated Source

Amalgamated Bank (Nasdaq: AMAL) – which owns New Resource Bank – announced a commitment to double the amount of assets New Resource has dedicated to financing socially responsible businesses over the next two years, moving from its current commitment of $350 million to at least $700 million by 2020.

Recently, Amalgamated Bank enjoyed a banner day. Our brand was prominently displayed in the heart of Times Square, employees pointed out colleagues who appeared live on Bloomberg and CNBC and the NASDAQ floor was bustling with Amalgamated Bank veterans, board members and countless others who were in attendance to witness history as the bank went public.

Amalgamated Source

Maryann Bruce and Patricia Diaz Dennis join Amalgamated Bank’s Board of Directors following the Bank’s initial public offering

Amalgamated Source

Amalgamated Bank (“Amalgamated”), a commercial bank and a chartered trust company that specializes in providing banking services for socially responsible and values-based clients, today celebrated its first day as a public company trading on the Nasdaq Stock Market under the ticker symbol “AMAL”. The company’s leadership team will join with employees from all levels of the bank to ring the opening bell at Nasdaq on Friday, August 10, 2018 to mark the milestone.

Amalgamated Source

Amalgamated Bank (“Amalgamated”) (Nasdaq: AMAL) today announced the pricing of its initial public offering of 6,718,729 shares of Class A common stock at a public offering price of $15.50 per share. The underwriters have also been granted a 30-day option to purchase up to an additional 1,007,809 shares of Class A common stock. All of the shares in the offering are to be sold by the selling stockholders. Amalgamated will not receive any proceeds from the offering.

Amalgamated Source

Amalgamated Bank (“Amalgamated”) today announced the launch of its initial public offering of 6.7 million shares of Class A common stock. The initial public offering price is expected to be between $15.00 to $17.00 per share. The shares will be offered by certain selling stockholders. Amalgamated’s common stock is expected to trade on the Nasdaq Global Market under the ticker symbol “AMAL.”