RBC Revamps Executive Leadership and Business Segments
Royal Bank of Canada (TSX: RY) and (NYSE: RY) announced several key executive appointments to accelerate growth and enhance client focus following the acquisition of HSBC Bank Canada. Effective September 1, 2024, these changes aim to leverage RBC’s scale, expedite…
StrategyCorps Partners with Estancia Capital to Boost Solutions and Growth
StrategyCorps, LLC (“SC”), a leading provider of deposit analytics and retail and small business checking solutions, has announced the successful closure of a capital partnership with Estancia Capital Partners. Estancia, a respected private equity firm specializing in the financial services…
Cross River and MassPay Expand Domestic Instant Payment Access
Cross River Bank (“Cross River”), a technology infrastructure provider specializing in embedded financial solutions, and MassPay, a leading provider of business payment solutions, are expanding access to domestic instant payments. This collaboration aims to simplify complex real-time payment operations for…
X9 Invites Participants for Standardization of Single-Use Virtual Purchase Cards
The Accredited Standards Committee X9 Inc. (X9) has launched an initiative today aimed at standardizing the creation and efficient acceptance of virtual single-use purchase card accounts (SUA). This initiative seeks to streamline processes and reduce overhead costs for suppliers. SUAs…
Delos Capital Forms Financial Advisory Group, Expands Investing Operations
Delos Capital Management announced today the appointment of Ari Lefkovits and Andrew Schweibold as co-managing partners alongside current managing partner Matt Constantino. Together, they aim to offer a distinctive value proposition for companies addressing their capital structure and strategic needs.…
BTIG Welcomes Flavio Paparella to Emerging Markets Fixed Income Team
BTIG has announced the appointment of Flavio Paparella as Managing Director in its Global Emerging Markets Fixed Income group, focusing on Latin American (LATAM) markets. Based in BTIG’s New York office, Mr. Paparella will report to Stuart Kasdin and Pablo…
Payden & Rygel Launches Digital Ad Campaign for Mutual Funds
Payden & Rygel is launching a digital ad campaign to introduce its funds to financial advisors, institutional investors, and consultants. Ads will appear in Barron’s and the Wall Street Journal, highlighting the Payden High Income Fund (PYHRX), Emerging Markets Bond…
Affinity Credit Union Golf Outing Raises $200K for Foundation
Affinity Federal Credit Union (“Affinity”) recently held its annual President’s Invitational Golf Outing, raising over $200,000 for the Affinity Foundation (“Foundation”). The event, which took place on June 10, 2024, welcomed 116 golfers along with additional guests and had the…
Fifth Third Named Best Treasury & Cash Management Bank
Fifth Third has been named a Best Treasury and Cash Management Bank (US, Regional) by Global Finance magazine as part of its 24th annual Best Treasury and Cash Management Banks awards for 2024. “Transformation in treasury and cash management is…
BNP Paribas and QuantumStreet AI Launch Cross Asset Trend & AI Index in Brazil
BNP Paribas, Europe’s leading global bank, and QuantumStreet AI, a global leader in AI-powered investment solutions, have announced the launch of a proprietary BNP Paribas Cross Asset Trend and AI Index in Brazil, with global expansion plans. This index combines…
Archwest Capital Secures Growth Investment from Bain Capital
Archwest Capital, a lender specializing in non-owner-occupied residential real estate loan solutions, announced a significant growth investment from Bain Capital. Bain Capital and its affiliates will acquire a controlling stake in Archwest Capital, with the management team, led by CEO…
Introducing Balance+: Fee-Free Overdraft Protection for Debit Card Transactions by Discover
Discover has unveiled Balance+, an innovative addition to its Cashback Debit Checking account, aimed at offering customers fee-free discretionary overdraft coverage for everyday debit card transactions. This initiative addresses a common pain point for many Americans living paycheck-to-paycheck, underscoring Discover’s…