SAN JOSE, CA--(Marketwired - May 14, 2014) - Bridge Capital Holdings (NASDAQ: BBNK), whose subsidiary is Bridge Bank, a full-service professional business bank headquartered in Silicon Valley and with offices located nationwide, announced today that Ken Rosenberg has joined its International Banking Division as senior vice president and group manager.
Mr. Rosenberg will be responsible for managing and growing Bridge Bank's International Banking Group, the services of which include foreign exchange and currency hedging, letters of credit and export/import working capital lines of credit.
Ken brings over 30 years of experience in international banking and trade finance to Bridge Bank, including having founded and held executive-level positions at several international banking and trade finance firms. He has conducted business in over 35 countries, and has worked across a broad range of industries including technology, clean energy, and logistics. Additionally, Ken has extensive experience in the creation and delivery of international financial products and services, having developed the concept of using trading company techniques to finance international trade transactions. Most recently, Mr. Rosenberg was vice president of Trade Services at Wells Fargo and was also founder and chief operating officer of Lightning Trade Group, LLC, a management consulting firm specializing in structuring innovative supply chain financing.
"I am delighted to join such a dynamic and entrepreneurial organization," said Ken Rosenberg, senior vice president and manager of Bridge Bank's International Banking Division. "Bridge Bank currently offers a strong suite of international banking services and I expect to build additional capabilities on that foundation," he added.
"We are thrilled to have Ken join the Bridge Bank team," said Tim Boothe, executive vice president and chief operating officer at Bridge Bank. "Through founding his own firm as well as being involved with international financial services for over 40 years, Ken has demonstrated the innovative and entrepreneurial values we look for in a different breed of banker. We look forward to seeing the team continue to grow with him," he added.
Bridge Bank is a High Delegated Authority Lender through the Export-Import Bank of the United States.
About Bridge Bank, National Association
Recognized by The Findley Reports as a Super Premium Performing Bank, and designated "Superior" by BauerFinancial and IDC, Bridge Bank is a full-service professional business bank founded in the highly competitive climate of Silicon Valley in 2001. From the very beginning, our goal has been to offer small-market and middle-market businesses from across many industries a better way to bank. We provide a surprisingly broad range of financial solutions, enabling us to meet our clients' varied needs across all stages -- from inception to IPO and beyond. It's how we go about doing so that differentiates us from our competition. Bridge Bank's product offering includes growth capital, equipment and working capital credit facilities and treasury management solutions, along with a full line of international products and services and financing secured by domestic, government and foreign receivables. Learn more at the new www.bridgebank.com. Follow us @BridgeBank.
About Bridge Capital Holdings
Bridge Capital Holdings is the holding company for Bridge Bank, National Association. Bridge Capital Holdings was formed on October 1, 2004 and holds a Global Select listing on the NASDAQ stock market under the trading symbol BBNK. Bridge Bank Holding Company was recently admitted to Sandler O'Neill's Class of 2012 "Sm-All Stars" -- a select group of 25 top-performing publicly traded banks and thrifts from throughout the U.S. with market capitalization of up to $2 billion. For additional information, visit the Bridge Capital Holdings website at www.bridgecapitalholdings.com.
Certain matters discussed in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and are subject to the safe harbors created by that Act. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words "believe," "expect," "anticipate," "intend," "plan," "estimate," or words of similar meaning, or future or conditional verbs such as "will," "would," "should," "could," or "may." Forward-looking statements describe future plans, strategies and expectations. Forward-looking statements are based on currently available information, expectations, assumptions, projections, and management's judgment about the Company, the banking industry and general economic conditions. These forward-looking statements are not guarantees of future performance, nor should they be relied upon as representing management's views as of any subsequent date. Future events are difficult to predict, and the expectations described above are necessarily subject to risk and uncertainty that may cause actual results to differ materially and adversely.
Forward-looking statements involve significant risks and uncertainties and actual results may differ materially from those presented, either expressed or implied, in this press release. Factors that might cause such differences include, but are not limited to: the Company's ability to successfully execute its business plans and achieve its objectives; changes in general economic, real estate and financial market conditions, either nationally or locally in areas in which the Company conducts its operations; changes in interest rates; new litigation or changes in existing litigation; future credit loss experience; increased competitive challenges and expanding product and pricing pressures among financial institutions; legislation or regulatory changes which adversely affect the Company's operations or business; loss of key personnel; changes in accounting policies or procedures as may be required by the Financial Accounting Standards Board or other regulatory agencies; and the ability to satisfy requirements related to the Sarbanes-Oxley Act and other regulation on internal control.
The reader should refer to the more complete discussion of such risks in Bridge Capital Holdings' annual reports on Forms 10-K and quarterly reports on Forms 10-Q on file with the Securities and Exchange Commission. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances.