PennyMac Mortgage Investment Trust Announces Promotions of Executive Officers
PennyMac Mortgage Investment Trust Announces Promotions of Executive Officers PennyMac Mortgage Investment Trust (NYSE: PMT) today announced changes in the roles of certain of its executive officers in conjunction with organizational changes announced today by PennyMac Financial Services, Inc. (NYSE: PFSI), PMTs manager and service provider. Andrew S. Chang, currently Senior Managing Director and Chief Financial Officer, will assume the new role of Senior Managing Director and Chief Operating Officer. Daniel S. Perotti, currently Senior Managing Director and Deputy Chief Financial Officer, will become Senior Managing Director and Chief Financial Officer.
Taiwan to grow 1.64% this year: S&P
RISKS: Vaccine rollout has bolstered growth prospects, but downside risks, such as increasing global debt and slow demand, could affect a post-pandemic recovery
By Crystal Hsu / Staff reporter
S&P Global Ratings has raised Taiwan’s GDP growth forecast from 1 percent to 1.64 percent for this year, while trimming the pace from 3 percent to 2.9 percent for next year, amid the benefits of a stay-at-home economy and optimism that COVID-19 vaccines would reduce downside risks.
The rollout of vaccination programs against the COVID-19 outbreak would support a stable outlook for Taiwan’s economy this year and next year, despite global demand being ravaged by the pandemic, corporate credit analyst Raymond Hsu (許智清) at Taiwan Ratings Corp (中華信評), the local arm of S&P, told a news conference in Taipei yesterday.