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Sandy Spring Bancorp, inc (SASR) Q2 2021 Earnings Call Transcript


Operator
Good afternoon and welcome to the Sandy Spring Bancorp Earnings Conference Call and Webcast for the Second Quarter of 2021. [Operator Instructions]
I would now like to turn the conference over to Daniel Schrider, President and CEO. Please go ahead.
Daniel J. Schrider
Vice Chairman, President and Chief Executive Officer
Thank you and good afternoon everyone. We appreciate you joining us today for our conference call to discuss Sandy Spring Bancorp s performance for the second quarter of 2021. Today, we re also bringing up to date on our response to and regarding the impact from the COVID-19 pandemic. This is Dan Schrider speaking and I m joined here today by my colleagues, Phil Mantua, Chief Financial Officer; and Aaron Kaslow, General Counsel for Sandy Spring Bancorp. ....

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Sandy Spring Bank Announces Executive and Senior Leadership Appointments


Sandy Spring Bank Announces Executive and Senior Leadership Appointments
Company Reorganizes and Prepares for Future Growth
OLNEY, Md., May 14, 2021 (GLOBE NEWSWIRE) Sandy Spring Bank today announced a series of leadership appointments and promotions. The individuals stepping into these executive and division executive roles will play a critical role in helping to develop future talent, build the Bank’s capacity, improve operational processes and grow the company.
“We have enjoyed an extended period of rapid growth and tremendous success. We know our market well, we have top talent and we offer a broad range of sophisticated services,” said Daniel J. Schrider, President and Chief Executive Officer of Sandy Spring Bank. “These leadership appointments will help us capitalize on our strengths and ensure that we are prepared to continue to grow organically and thrive as a larger, more complex institution.” ....

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Sandy Spring Bancorp Inc (SASR) Q1 2021 Earnings Call Transcript


Operator
Good afternoon, everyone, and welcome to the Sandy Spring Bancorp Incorporated Earnings Conference Call and Webcast for the First Quarter of 2021. All participants will be in a listen-only mode. [Operator Instructions] For your information, today s event is being recorded.
At this time, I would like to turn the conference call over to Mr. Dan Schrider. Sir, please go ahead.
Daniel J. Schrider
Vice Chairman, President and Chief Executive Officer
Thank you, and good afternoon, everyone. Thank you for joining us for our conference call to discuss Sandy Spring Bancorp s performance for the first quarter of 2021. Today, we will also bring you up-to-date on our response to an impact from COVID-19 pandemic. This is Dan Schrider speaking, and I m joined here by my colleagues Phil Mantua, Chief Financial Officer; and Aaron Kaslow, General Counsel for Sandy Spring Bancorp. ....

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Sandy Spring Bancorp, Inc. to Webcast First Quarter Earnings Conference Call on April 22, 2021


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OLNEY, Md., April 08, 2021 (GLOBE NEWSWIRE) Sandy Spring Bancorp, Inc. (NASDAQ:SASR) will announce its first quarter earnings on Thursday, April 22, 2021. The company will hold a conference call that day at 2:00 p.m. (ET) to discuss results and answer questions. The conference call will be webcast live through the Sandy Spring Bank website.  Those who wish to participate in order to ask questions may do so by calling 1-866-235-9910; a password is not necessary.  Those who wish to listen to the call should go to the Investor Relations page of
www.sandyspringbank.com and log on 10 minutes ahead of the scheduled start of the call. An internet-based replay will be available on the Investor Relations page of the website until May 6, 2021. A telephone voice replay will also be available during that same time period at 1-877-344-7529. Please use conference number 10153566 to access. ....

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Despite sanctions, millions flowed into DRC bank accounts linked to Israeli tycoon


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American law forbids banking institutions from providing service in American currency to people on the sanctions list. In effect, the U.S. authorities have found ways of imposing the rules on companies and banks that are not incorporated in the United States – as long as an American entity is also involved in the process of receiving the money. According to the legal precedent on the matter, it’s enough for the foreign bank to use a U.S. information system for the sanctions to apply to it.
Gertler claims in response to this report that based on a legal opinion he commissioned, the sanctions do not apply to the dollar activity attributed to his associates in DRC, one reason being that Afriland has no link to the United States. However, in an interview he recently gave to the French radio station RFI, Patrick Kafindo, director of the Afriland branch in the Congolese capital of Kinshasa, admitted that the ba ....

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