August is generally a time for vacation, summer relaxation, and the limited window in the Northeast to enjoy the beaches. In honor of the season, we thought it would be interesting to examine the increase in shark sightings and attacks that have occurred this summer and how that relates to today’s financial markets. What does this have to do with financial markets? Read our latest Market Update to find out.
Read the full Private Bank Market Update – August 2022
Michael Zaremsky is the Head of U.S. Private Banking at Valley Bank. You can reach him at 212-407-4372 or by email at mzaremsky@valley.com
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Valley Financial Management, Inc. (“VFM”) is a wholly-owned subsidiary of Valley National Bank (“Valley Bank”), chartered as a national banking association. Valley Bank, in turn, is a wholly-owned subsidiary of Valley National Bancorp, a publicly traded company. Banking products and services are provided through Valley Bank. Brokerage products and services are provided by VFM. Pershing LLC is the clearing br oker for VFM. VFM is a member of FINRA (www.finra.org) and SIPC (www.sipc.org).
This letter is not intended to be a recommendation or investment advice and is not an offer to buy or sell securities. The information provided does not take into account the specific objectives or circumstances of any client investor, or suggest any specific course of action. You should make investment decisions based on your objectives and circumstances and in consultation with your advisors.
Non-deposit investment products offered through Valley Bank and VFM are:
* Not insured by the FDIC or any other federal or government entity
* Not guaranteed by Valley Bank or any other bank
* Subject to investment risks, including possible loss of the principal amount invested
The information contained in this material has not been filed with, reviewed by, or approved by any regulatory or self-regulatory authority and recipients are advised to consult with their own independent advisors, including tax advisors, regarding a potential investment. This is not a product of the Research Department of Valley Bank or any Valley National Bancorp unit. Opinions expressed may differ from those of other Valley divisions. VFM has developed policies designed to manage conflicts of interests.
This Newsletter includes information that has been obtained from third party sources believed to be reliable but is not guaranteed. We make no representation on the accuracy of the information
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