Latest news with #MichaelLyons
Yahoo
4 days ago
- Business
- Yahoo
West Northamptonshire Council and ECF sign deal for Greyfriars regeneration
West Northamptonshire Council and English Cities Fund (ECF), a joint venture between Legal & General, Homes England, and Muse, have formalised an agreement to initiate the Greyfriars regeneration project in Northampton, England. The scheme aims to revive a part of the town centre into an inclusive community space with over 1,000 new homes, as well as employment opportunities, green spaces, and cultural destinations. The 25-acre regeneration area encompasses several key sites, including the former Greyfriars Bus Station and the Corn Exchange. The development plans promise a diverse residential offering, with affordable housing, build-to-rent options, and student accommodation. The project will also introduce new retail, café, and restaurant spaces, alongside leisure facilities. A significant aspect of the Greyfriars scheme is the creation of a public realm, featuring an outdoor amphitheatre and revitalised green spaces. The development will also focus on improving pedestrian and cycling routes, fostering sustainable travel and better connecting Greyfriars with the wider town centre and adjacent communities. During the construction phase, up to 7,000 full-time equivalent jobs are expected to be created. The scheme is also anticipated to unlock over £1bn ($1.35bn) in economic value. Upon completion, the development could increase local spending by approximately £21m annually, offering a boost to businesses throughout Northampton and the broader West Northamptonshire region. ECF chair Sir Michael Lyons said: 'West Northamptonshire Council has set out a bold vision for Greyfriars and we are looking forward to our collaborative and positive partnership. 'Entering a development agreement will enable us to take the next important step in the delivery of this important opportunity. It's a chance to enhance Northampton town centre with new homes, workspaces, retail, culture, and public spaces. 'Together, we will move at pace to deliver a master plan proposal which delivers against this opportunity.' Community engagement with locals during the development process is stated to be integral to shaping the redevelopment of the Greyfriars area. This development agreement follows a development management services agreement signed this January. "West Northamptonshire Council and ECF sign deal for Greyfriars regeneration" was originally created and published by World Construction Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
15-05-2025
- Business
- Yahoo
Fiserv names Michael Lyons CEO
This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Payment processor Fiserv appointed Michael Lyons as CEO on Tuesday, replacing Frank Bisignano, who will become commissioner of the Social Security Administration. The U.S. Senate approved Bisignano's nomination to lead the Social Security Administration on a party-line 53-47 vote Tuesday, with all Republicans voting in favor and all Democrats voting against. President Donald Trump selected Bisignano for the role in December. Fiserv also named Doyle R. Simons, who has served as lead independent director on its board, as non-executive chairman, according to a news release posted on Fiserv's website minutes after the Senate vote. 'Together with my fellow board members, we look forward to working with Mike and the entire management team as they continue to drive growth, innovation, and industry leadership,' Simons said in the release. Before joining Fiserv in January as president and CEO-elect, Lyons was most recently president of PNC Financial Services Group, a position he took last year. Prior to that he was an executive vice president and the head of corporate and institutional banking at PNC, a post he held for about 12 years, his LinkedIn profile says. Bisignano became Fiserv's CEO in 2020. He took that role after serving as CEO of rival First Data, a position he held when that company was acquired by Fiserv in 2019. Before joining First Data, he worked for JPMorgan Chase, where he was promoted to co-chief operating officer in 2012. During a confirmation hearing on his nomination to lead the SSA, the outgoing CEO faced intense questioning from Senate Democrats over his ties to the Department of Government Efficiency (DOGE), an agency with the contentious goal of making deep cuts in government spending. A March 24 whistleblower report accused Bisignano of personally intervening to place a DOGE staffer at the Social Security Administration who allegedly was given access to Americans' personal information. Sen. Ron Wyden, Democrat of Oregon, contended that Bisignano lied about the whistleblower report. 'When pressed on it during his confirmation hearing, he lied to me and the Committee, saying he had no direct involvement with DOGE,' Wyden said in a floor speech ahead of the Senate vote. While Bisignano did not directly answer questions about protecting Social Security benefits from cuts or opposing the privatization of Social Security during his March confirmation hearing, he did provide a guarantee that he would preserve the safety net program. About 73 million Americans receive Social Security benefits that are available for those who are disabled or at least 62 years old. Recommended Reading Fiserv CEO vows to keep Social Security Administration intact
Finextra
07-05-2025
- Business
- Finextra
Michael P. Lyons assumes leadership of Fiserv as CEO
Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology solutions, today announced that Michael P. Lyons has been appointed Chief Executive Officer of Fiserv. 0 Lyons assumed the position upon the confirmation of Frank Bisignano, Fiserv's prior CEO, as Commissioner of the Social Security Administration. Lyons also joins the Fiserv Board of Directors. 'For more than 40 years, Fiserv has been a transformative force in financial technology driven by innovation and deep commitment to delivering best-in-class technology, value-added advice and service to our clients,' said Lyons. 'I am proud to lead an organization that provides exceptional solutions to financial institutions, merchants, and communities of all sizes while driving growth and long-term value for our shareholders.' Concurrently, Doyle R. Simons, previously the Lead Independent Director, has become non-executive Chairman of the Board. 'I am honored to take the role of Chairman,' said Simons. 'On behalf of the Fiserv Board of Directors, I want to thank Frank for his outstanding leadership, vision, and drive over the past five years, positioning Fiserv as the preeminent fintech in our industry. Together with my fellow board members, we look forward to working with Mike and the entire management team as they continue to drive growth, innovation, and industry leadership.'
Business Wire
25-04-2025
- Business
- Business Wire
Lyons & Simmons Partners Honored Among Dallas' Best
DALLAS--(BUSINESS WIRE)-- Lyons & Simmons, LLP co-founders Michael Lyons and Christopher Simmons have been recognized among the top plaintiffs' tort attorneys for 2025 by D Magazine. Partner P. Wes Black was also selected to the Best Lawyers in Dallas listing for his appellate work. Balancing their dedication to securing financial recovery for injured clients is the attorneys' commitment to highlighting matters of public safety in order to effect change. Share The attorneys were recognized based upon a relentless approach to trial work that has resulted in an impressive record of significant jury verdicts and settlements in catastrophic personal injury and wrongful death cases. Balancing their dedication to securing financial recovery for injured clients is the attorneys' commitment to highlighting matters of public safety in order to effect change. This dedication was most recently highlighted by a $109.5 million verdict against CPS Energy for its role in a catastrophic 2021 home explosion in San Antonio that left the residents with permanent, life-altering injuries. 'Of primary importance is making sure the ongoing financial needs of our client are met, but it is also vital to place the spotlight where it needs to be – on the responsibility of public utilities to address the aging gas distribution system that continues to hang over Texas. What happened to this family should not have happened and it certainly should never happen to anyone else. Everybody's life matters or nobody's life matters,' says Lyons. He and Simmons spoke about the importance of the jury verdict on the Great Trials Podcast. Lyons & Simmons' dedication to client and public safety has earned the firm professional recognition from numerous legal and business organizations. Most recently, the firm earned the distinction of being the only Dallas-based plaintiff-facing firm recognized on the 2025 Texas Chambers Spotlight's inaugural personal injury rankings. This is Lyons' 13 th selection among the Best Lawyers in Dallas, the seventh for Simmons and the fifth for Black. The Best Lawyers in Dallas is based on a comprehensive selection process involving peer nominations followed by extensive review by the magazine's editorial staff with the assistance of a blue-ribbon panel of attorneys. About Lyons & Simmons, LLP Dallas-based Lyons & Simmons, LLP, is an award-winning firm of nationally recognized plaintiff's trial lawyers. The firm represents clients in wrongful death, catastrophic personal injury, and product liability matters, securing record-setting verdicts and settlements in some of the most important and complex personal injury cases in the country.
Yahoo
24-04-2025
- Business
- Yahoo
Fiserv to acquire Brazilian fintech Money Money
This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Payments processing giant Fiserv has entered into an agreement to acquire Brazilian financial technology company Money Money, Fiserv said Wednesday. The move is expected to bolster Fiserv's point-of-sale unit, Clover, in providing financing to small businesses in the South American country, a news release said. Money Money's 'technology and expertise complement Clover's strategy of supporting the development of Brazilian (small and medium-sized businesses) in their payment, management, and cash flow needs,' the release said. Milwaukee-based Fiserv expects to close the acquisition in the second quarter of this year. The disclosure of the Money Money deal follows Fiserv's December announcement regarding the launch of Clover in Brazil. "This brings the total number of Clover countries to 13," Fiserv President Michael Lyons said during an earnings call Thursday. "We are particularly excited about the Brazil opportunity, given our size, scale and momentum in the country,' said Lyons, who is also the company's incoming CEO. A Fiserv spokesperson declined to say how much the company will pay to acquire Money Money. The Brazilian company provides capital and other financial services to small businesses, Fiserv said. Clover's capital services and those of Money Money will be integrated as part of the development of the offering for clients in Brazil, the release said. The aim is to pitch those services, including risk analysis technology, in personalized offers at competitive rates. Businesses that receive financing through Clover's financing arm, called Clover Capital, will be offered a range of payment plans, according to the release, which did not provide details. 'By adding this service to our portfolio, we take an important step to boost the growth of our acquiring clients, facilitating their access to the necessary resources to invest in improvements and processes,' Fiserv's general manager for Brazil, Jorge Valdivia, said in the news release. The deal will build off Fiserv's past success in countries like Brazil, analysts said. Clover launched in Brazil in December and entered Australia in March. Purchasing Money Money is the latest in a number of acquisitions the company has made in the past several years. Most recently Fiserv said it had acquired the Dutch payments solutions provider CCV. 'This appears to be a logical progression to build on the success of Clover Capital,' TD Cowen analyst Bryan Bergin said of the Money Money deal in a note to investors Wednesday. 'The acquisition appears small (likely adding about 0.1% to Fiserv's total revenue), but is an interesting addition to help accelerate Clover in Brazil,' Baird analyst David Koning wrote in a separate note to investors Wednesday. Koning estimated that Money Money generates $17 million in annual revenue and has financed 1,361 companies, citing publicly available data. Fiserv CEO Frank Bisignano has been nominated to lead the Social Security Administration. He testified in a confirmation hearing last month, but a Senate vote on his nomination has not yet been scheduled Recommended Reading Fiserv has ambitious goals for Clover. Can it meet them? Sign in to access your portfolio
