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Reich & Tang Expands Senior Leadership

May 7, 2019

NEW YORK--(BUSINESS WIRE)--May 7, 2019--Reich & Tang, one of the nation’s leading liquidity specialists, hired Jason Blair as an Executive Managing Director, where he will oversee, product and business development, strategic partnerships and key client relationships. Jason will report directly to CEO Michael Lydon. He has a 20+ year career in sales, client relationships, enhancing portfolio management and bank asset liability management.

“Jason’s expertise in designing corporate process improvement coupled with his extensive knowledge of brokerage and banking industries we serve make him a valued addition to an already strong management team,” said Lydon. “We’re thrilled to have him on board to champion our initiatives and support us in meeting our growth objectives.”

“I am excited by the opportunity to add my expertise at such an innovative company. I respect and admire Reich & Tang’s industry knowledge, strong client relationships and professional business approach” said Blair.

Prior to Reich & Tang, Jason spent 3 years at Incenter expanding the company’s growth. His focus was on advisory services, capital markets, and creating/implementing new and exclusive product offerings. Before that he spent eight years at Promontory Interfinancial Network, where he directed the Residential Mortgage Network. He also headed their National Sales Division and managed the treasury desk.

“Jason is a leader in our industry,” said Steve Genereau, Executive Vice President and Chief Deposit Officer. “We expect his broad experience and passion for the deposit business combined with his strong work ethic will drive results for Reich & Tang and its customers.”

About Reich & Tang

Reich & Tang provides balance sheet and cash management solutions to US banks and other financial institutions. Reich & Tang provides a complete suite of bespoke liability solutions to our network of banks around the country. Reich & Tang’s FDIC-insured cash sweep programs offer competitive rates and cash security through our sponsoring banks, broker-dealers, trust companies, and clearing platforms.

Reich & Tang ensures ease of use by streamlining technology with an unyielding focus on client partnerships. Serving as consultants to our clients allows us to develop flexible solutions to meet the deposit, liquidity, or short-term investment needs of any organization.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190507005130/en/

CONTACT: Lyceus Group

Tucker Slosburg, 1.206.652.3205

tslosburg@lyceusgroup.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE

SOURCE: Reich & Tang

Copyright Business Wire 2019.

PUB: 05/07/2019 01:30 PM/DISC: 05/07/2019 01:30 PM

http://www.businesswire.com/news/home/20190507005130/en