First Trust Advisors L.P. Announces Distribution for First Trust Enhanced Short Maturity ETF
First Trust Advisors L.P. (“FTA”) has announced the declaration of the monthly distribution for the First Trust Enhanced Short Maturity ETF, part of First Trust Exchange-Traded Fund IV. Key Dates for the Distribution: Fund Details: Ticker Exchange Fund Name Frequency…
Neo Financial Secures No. 1 Spot on The Globe and Mail’s 2024 List of Canada’s Fastest-Growing Companies
Neo Financial Technologies Inc. (“Neo”) proudly announces its achievement of the No. 1 spot on the 2024 Report on Business magazine’s annual ranking of Canada’s Top Growing Companies. Neo secured this position with an impressive three-year revenue growth of 38,431%,…
Amerant Bancorp Inc. Completes $165 Million Common Stock Offering
Amerant Bancorp Inc. (NYSE: AMTB) has announced the successful closing of its public offering of 8,684,210 shares of Class A voting common stock at a price of $19.00 per share, generating gross proceeds of approximately $165 million. This includes 784,210…
Europe Retail Banking Report 2024: Traditional Banks Face Rising Competition from New Providers like Revolut and N26 – ResearchAndMarkets.com
The “Retail Banking Regional Report: Europe 2024” has been added to ResearchAndMarkets.com. This report provides an in-depth analysis of key financials, the competitive landscape, and relationship drivers in European retail banking. The sector is seeing significant change, with traditional banks…
Wolters Kluwer Unveils CCH iFirm Validate: Enhancing Audit Efficiency Through Blockchain-Driven Validation and Confirmation
Wolters Kluwer Tax and Accounting (TAA) has expanded its award-winning cloud-based practice management and compliance platform, CCH iFirm, by launching a new module, CCH iFirm Validate. Bas Kniphorst, Executive Vice President and Managing Director of Wolters Kluwer TAA Europe, expressed…
Black Spade Acquisition II Co Announces Completion of Partial IPO Over-Allotment Option Exercise
Black Spade Acquisition II Co (NASDAQ: BSIIU), a special purpose acquisition company (SPAC), announced today that the underwriters of its initial public offering (IPO) have partially exercised their option to purchase an additional 300,000 units at $10.00 per unit, generating…
KBRA Publishes Research: Rate Cuts to Benefit Most, but Not All, Private Credit Borrowers
KBRA has released research following the Federal Reserve’s September 18 decision to begin its anticipated monetary easing cycle with a 50 basis point (bps) reduction in the target base rate. While lower rates will provide significant relief for most private…
LoanPro Appoints Industry Veteran Scott Johnson as President of Card Division
LoanPro, a modern credit platform, announced today that Scott Johnson has joined its executive team as President of Card, leading the company’s efforts to help providers launch personalized and innovative card programs. With over 20 years of experience in the…
Ramirez & Co., Inc. Expands National Public Finance Team with Key Hires in New York City, Houston, and South Florida
Samuel A. Ramirez & Co., Inc. (“Ramirez & Co.”), a leading investment banking, brokerage, and advisory firm, has strengthened its national public finance team with the addition of three experienced professionals: Cordelia Mendez, Ayanna Louis-Charles, and Courtney Okezie. “The need…
Axis Insurance Expands Calgary Presence Through Acquisition of Baker Insurance
Axis Insurance Managers Inc. (Axis Insurance) is pleased to announce the acquisition of Baker Insurance, a well-regarded property and casualty brokerage based in Calgary. This strategic acquisition bolsters Axis Insurance’s regional presence and enhances its ability to deliver expert risk…
Essent Group Ltd. Announces Closing of $363.4 Million Reinsurance Transaction and Related Mortgage Insurance-Linked Notes
Essent Group Ltd. (NYSE: ESNT) announced that its subsidiary, Essent Guaranty, Inc., has secured $363.4 million in fully collateralized excess of loss reinsurance coverage on mortgage insurance policies written between July 2023 and July 2024. The coverage was obtained from…
BankUnited Appoints New Leader for Treasury Management
BankUnited Inc. Appoints Beth Hosen as Executive Vice President and Head of Treasury Management BankUnited Inc. (NYSE: BKU) has announced the appointment of banking veteran Beth Hosen as executive vice president and head of treasury management, based in New York…