Growth Surge: 468,000 New Companies Launched
In a strong indicator of the UK’s economic potential, 468,000 new businesses were launched in the first half of 2024, according to the New Startup Index by Beauhurst, supported by NatWest. This surge brings the total number of companies operating…
NatWest UK Regional Growth Report – July 2024
The latest NatWest UK Growth Tracker revealed an increase in private sector output across ten out of the twelve monitored nations and regions, a slight improvement from the nine recorded in June. The Business Activity Index, a key monthly indicator…
Bank Mandiri Expands One Account One Student for Youth Financial Inclusion
As a key player in advancing development, Bank Mandiri remains dedicated to accelerating financial inclusion among the younger generation. By introducing various innovative solutions and educational initiatives, the bank aims to broaden access to secure and convenient banking services, particularly…
Vogue Codes: Insights and Career Tips from Leading Women in Tech
Helen Lau, General Manager Engineering Delivery: “The best part of my job is using technology to solve everyday problems for the bank and seeing the real-world impact on Australians. Success in tech often comes down to attitude; view mistakes as…
WisdomTree plans a 9% Series A preferred stock buyback and a $300 million convertible notes offering with a $45 million greenshoe option
WisdomTree, Inc. (NYSE: WT) (“WisdomTree”) has announced the pricing of a $300 million private offering of convertible senior notes due 2029 (the “notes”) to qualified institutional buyers under Rule 144A of the Securities Act of 1933. The initial purchaser was…
Accord Announces Second Quarter Financial Results
Accord Financial Corp. (TSX – ACD) has announced its financial results for the quarter ending June 30, 2024. All figures are presented in Canadian dollars and comply with International Financial Reporting Standards (IFRS). Financial Highlights Simon Hitzig, President and CEO,…
Arvest Bank and FHLB Dallas Grant $225,000 to Support Youth Homeless Shelter
The Federal Home Loan Bank of Dallas (FHLB Dallas) has awarded a $225,000 Affordable Housing Program (AHP) grant to Immerse Arkansas, facilitated through FHLB Dallas member Arvest Bank. The grant will fund the construction of a new homeless shelter for…
Calque and Mortgage Trust Collaborate to Launch The Trade-In Mortgage
Mortgage Trust, a boutique mortgage broker based in Oregon, has partnered with Calque to unveil The Trade-In Mortgage™, a groundbreaking loan program designed to assist homeowners across the nation. This innovative solution enables clients to use the equity from their…
KBRA Issues Ratings for Tricon Residential 2024-SFR3
KBRA Assigns Ratings to Four Classes of Tricon Residential 2024-SFR3 Single-Family Rental Pass-Through Certificates KBRA has assigned ratings to four classes of Tricon Residential 2024-SFR3 (TCN 2024-SFR3) single-family rental (SFR) pass-through certificates. TCN 2024-SFR3 is a securitization backed by a…
Retail Union UFCW Urges Federal Home Loan Banks to Address Housing Crisis Instead of Increasing Apollo’s Profits
The United Food and Commercial Workers International Union (UFCW) is calling on regulators to reform the Federal Home Loan Bank System (FHLB) to better address the housing crisis faced by retail workers. In a comment letter regarding the FHLB’s mission,…
Market Momentum Slows in Q2 Amid Ongoing Inflation Concerns, According to Northern Trust Universe Data
Global equity market returns were modest in the second quarter of 2024, marking a shift from the robust performance seen in the first quarter, largely due to ongoing concerns about global inflation. The median return for institutional asset owners in…
Top Bank Achieves Significant Customer Experience Boost with Verint AI-Powered Bots
Verint® (NASDAQ: VRNT), known as The CX Automation Company™, has announced a significant enhancement in customer experience for a leading bank, achieved through the deployment of Verint’s AI-powered Verint Quality Bot and Verint Coaching Bot. The bank’s contact center Net…