NEW YORK--(BUSINESS WIRE)--
Bank (Nasdaq: SBNY), a New York-based full-service commercial bank,
announced today the appointment of a new private client banking team.
Indira Thomas-Maharaj, Group Director and Senior Vice President, heads a
new five-person team based at the Bank's Midtown Manhattan private
client banking office, located at 261 Madison Avenue. The team has
worked together at various financial institutions over the past decade.
Maharaj brings 17 years of banking-related experience to her new
position. She recently served as Senior Vice President and Director of
Middle Market and Business Banking at Popular Community Bank in
Manhattan, where she had oversight of all relationship managers
throughout the New York, New Jersey and Connecticut regions, and managed
a large portfolio of commercial clients. Earlier, she spent four years
at Capital One Bank in Floral Park, N.Y., as Senior Vice President,
Director, co-managing a team of business bankers serving commercial
Joining Maharaj, in the role of Vice President and Associate Group
Director are Gregory D'Orazio, Dustin Gash and Shiraz Kenny Mohammed.
Concurrently, Andrea Smith was named Senior Client Associate-Officer.
D'Orazio joins from Capital One in Floral Park, where he was a Senior
Relationship Manager, working with private banking clients. Earlier, he
was a Vice President at Popular Community Bank. D'Orazio has worked in
banking for 18 years.
Gash was an International Commercial Relationship Banker and Vice
President at HSBC in midtown Manhattan before joining Signature Bank. In
this role, he managed a portfolio of private clients. Earlier, he was a
Business Relationship Manager and Vice President at Capital One in
Floral Park. Over the course of his 16 years in banking, Gash garnered
expertise in catering to attorneys and real estate developers.
Mohammed, with a 14-year banking career, was an Assistant Vice
President, Relationship/Portfolio Manager at Popular Community Bank in
lower Manhattan for several years, working with private clients. Prior,
he was a Business Banker at Capital One in Floral Park.
Smith, with more than 12 years of banking experience, was an Analyst in
Strategic Planning for Popular Community Bank in lower Manhattan for two
years. Prior, she was a Sales Specialist working with commercial and
retail clients at Esquire Bank in downtown Brooklyn and Midtown
"We remain focused on identifying experienced bankers in the industry as
we further expand our private client banking team network, which has now
grown to 100 teams. Indira and her team have worked together over the
past 10 years, and here at Signature Bank, they look forward to
establishing a strong team serving a diverse client base of commercial
clients engaged in manufacturing, wholesaling and distribution as well
as professional services and non-profit entities.
We welcome them to Signature Bank, and look forward to the contributions
they will make to our institution. We are always seeking to add veteran
banking teams in keeping with our founding relationship-based model and
single-point-of-contact client approach, which continues to distinguish
Signature Bank amid a crowded commercial banking arena," said Joseph J.
DePaolo, Co-founder, President and Chief Executive Officer at Signature
About Signature Bank
Signature Bank, member FDIC, is a New York-based full-service commercial
bank with 30
private client offices throughout the New York metropolitan area,
including those in Manhattan, Brooklyn, Westchester, Long Island,
Queens, the Bronx, Staten Island and Connecticut. The Bank's growing
network of private client banking teams serves the needs of privately
owned businesses, their owners and senior managers.
Signature Bank offers a wide variety of business and personal banking
products and services. Its specialty finance subsidiary, Signature
Financial, LLC, provides equipment finance and leasing. Signature
Securities Group Corporation, a wholly owned Bank subsidiary, is a
licensed broker-dealer, investment adviser and member FINRA/SIPC,
offering investment, brokerage, asset management and insurance products
Since commencing operations in May 2001, the Bank has grown to $40.72
billion in assets, $30.39 billion in loans, $33.17 billion in deposits,
$3.80 billion in equity capital and $3.63 billion in other assets under
management as of June 30, 2017. Signature Bank's Tier 1 and risk-based
capital ratios are significantly above the levels required to be
considered well capitalized.
Signature Bank ranked on Forbes'
Best Banks in America list for the seventh consecutive year in 2017
and was recently named Best Private Bank and Best Attorney Escrow
Services provider and also ranked among the top three Best Business
Banks for the eighth consecutive year by the New
York Law Journal in the publication's annual
best of reader survey. Additionally, Signature Bank was cited among
the top three of the
nation's best private banking services providers in the 2017
Best of The National Law Journal reader rankings. The Bank
was also named Best Commercial Bank of the Year - U.S. by International
Banker in their International
Banker 2017 North and South American Awards program. Furthermore,
Signature Bank was the recipient of two gold Stevie Awards® in The
15th Annual American Business Awards for 2017: Company of
the Year in both Banking and Financial Services-Large categories.
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 of 1995 that are subject
to risks and uncertainties. You should not place undue reliance on those
statements because they are subject to numerous risks and uncertainties
relating to our operations and business environment, all of which are
difficult to predict and may be beyond our control. Forward-looking
statements include information concerning our future results, interest
rates and the interest rate environment, loan and deposit growth, loan
performance, operations, new private client teams and other hires, new
office openings and business strategy. These statements often include
words such as "may," "believe," "expect," "anticipate," "intend,"
"potential," "opportunity," "could," "project," "seek," "should,"
"will," "would," "plan," "estimate" or other 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 and can
change as a result of many possible events or factors, not all of which
are known to us or in our control. These factors include but are not
limited to: (i) prevailing economic conditions; (ii) changes in interest
rates, loan demand, real estate values and competition, any of which can
materially affect origination levels and gain on sale results in our
business, as well as other aspects of our financial performance,
including earnings on interest-bearing assets; (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; (iv) changes in monetary and fiscal policies of the U.S.
Government, including policies of the U.S. Treasury and the Board of
Governors of the Federal Reserve System; (v) changes in the banking and
other financial services regulatory environment and (vi) competition for
qualified personnel and desirable office locations. Although we believe
that these forward-looking statements are based on reasonable
assumptions, beliefs and expectations, if a change occurs or our
beliefs, assumptions and expectations were incorrect, our business,
financial condition, liquidity or results of operations may vary
materially from those expressed in our forward-looking statements.
Additional risks are described in our quarterly and annual reports filed
with the FDIC. 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171018006349/en/
R. Howell, 646-822-1402
Executive Vice President -
and Business Development
Susan J. Lewis, 646-822-1825
Source: Signature Bank
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