Bank of North Dakota and Fiserv Partner to Launch “Roughrider Coin,” North Dakota’s first Stablecoin
Bank of North Dakota Teams Up with Fiserv to Introduce ‘Roughrider Coin,’ the State’s First Stablecoin Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, in partnership with the Bank of North Dakota, today announced…
Wynnchurch Capital Exits Clyde Industries
Wynnchurch Capital Completes Exit from Clyde Industries Wynnchurch Capital, L.P. (“Wynnchurch”), a leading middle market private equity firm, announced the sale of Clyde Industries (“Clyde” or the “Company”). Headquartered in Atlanta, Georgia, Clyde is a leading designer and manufacturer of…
Integrated Technology and Elevated Client Experience Draws Advisor Team with $260 Million in Assets To Ameriprise Financial
Advisor Team Managing $260 Million in Assets Joins Ameriprise Financial, Citing Advanced Technology and Superior Client Experience Financial advisory practice, Oakwood Financial Group, recently joined the branch channel of Ameriprise Financial, Inc. (NYSE: AMP) from Wells Fargo Clearing Services, Inc. with $260…
Net Asset Value Restatement for Bitwise GME Option Income Strategy ETF
Net Asset Value Updated for Bitwise GME Option Income Strategy ETF Bitwise announced that the net asset value (“NAV”) for the Bitwise GME Option Income Strategy ETF (Ticker: IGME) was restated as shown below. The NAV restatement is a result…
Principal® Partners With Barings on New $1 Billion Portfolio Finance Initiative to Strengthen Private Credit Platform
Principal® and Barings Launch $1 Billion Portfolio Finance Initiative to Expand Private Credit Platform Principal Financial Group® (Nasdaq: PFG), a global financial company, announced a strategic partnership with Barings to expand the general account portfolio at Principal® through an allocation of up…
Altera, An Alternative Asset Manager, Completes Nearly $60M GP Stakes Investment.
Altera Completes Nearly $60 Million GP Stakes Investment Altera, an alternative asset manager with nearly $550M in committed capital, announced that it oversubscribed its lower middle market focused GP stakes fund. The strategy targets to provide investors both meaningful annual…
Slope Launches SlopeScore: The Cashflow Score for Businesses
Slope Unveils SlopeScore, a Cashflow Scoring Tool for Businesses Slope today announced the launch of SlopeScore, the firstcash flow underwriting system purpose-built for small and medium-sized businesses (SMBs). SlopeScore uses a patent-pending categorization engine with an LLM at its core…
American Banker Names Fifth Third Commercial Payments Leaders to Annual Most Powerful Women in Banking Lists
American Banker Recognizes Fifth Third Commercial Payments Leaders Among Most Powerful Women in Banking Fifth Third Bank (Nasdaq: FITB) is pleased to announce that Bridgit Chayt, head of commercial payments, has again been named to American Banker’s list of Most…
Pool Partners With First Internet Bank and Visa to Offer Multi-User Consumer Financial Accounts
Pool Teams Up with First Internet Bank and Visa to Launch Multi-User Consumer Accounts Pool United, Inc., a San-Francisco-based consumer payments company, is launching a new multi-user financial account in partnership with First Internet Bank, Member FDIC and Visa®. This…
AM Best Assigns Issue Credit Rating to Liberty Mutual Group Inc.’s New Senior Unsecured Notes
AM Best Assigns Credit Rating to Liberty Mutual Group’s New Senior Unsecured Notes AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of “bbb” (Good) to the EUR 750 million, 3.875% senior unsecured notes, due 2035, issued by Liberty…
Schwab Trading Activity Index™: STAX Score Keeps Rising in September
Schwab Trading Activity Index™ Shows Continued Growth in September The Schwab Trading Activity Index™ (STAX) increased to 46.12 in September, up from its score of 43.69 in August. The only index of its kind, the STAX is a proprietary, behavior-based…
NPLA Appoints Eric Abramovich, Co-Founder of Roc360, as Chairman of the NPLA Advisory Council
Outgoing Chair Jeff Tennyson, honored for three years of service, will remain active on the Advisory Council. The National Private Lenders Association (NPLA) announced today that Eric Abramovich, Co-Founder and Chief Revenue Officer of Roc360 (parent of Roc Capital), has been selected Chairman of…