AM Best Assigns Credit Ratings to Continental General Insurance Co
AM Best has assigned a Financial Strength Rating of B+ (Good) and a Long-Term Issuer Credit Rating of “bbb-” (Good) to Continental General Insurance Company (CGIC), based in Austin, Texas. The outlook for these ratings is stable. Key Factors Behind…
Marathon Asset Management and Webster Bank Secure Financing for Littlejohn’s Acquisition of Sunbelt Modular
Marathon Asset Management (“Marathon”), a global credit manager with over $23 billion in assets under management, and Webster Bank, N.A. (“Webster Bank”), a leading commercial bank in the Northeast with $79 billion in total assets, have successfully closed a senior-secured…
FHLB Dallas and Eight Members Grant $283K to Support DFW Nonprofits
The Federal Home Loan Bank of Dallas (FHLB Dallas) and eight of its member institutions have collectively granted $283,000 to eight nonprofit organizations in the Dallas-Fort Worth (DFW) area. These awards, part of the $1.2 million distributed through the Partnership…
UBS Announces Quarterly Coupon Payments for AMUB Exchange Traded Note
UBS Investment Bank has declared quarterly coupon payments for the ETRACS Alerian MLP Index ETN Series B (NYSE Arca: “AMUB”), traded on the NYSE Arca. Below are the details: Ticker ETN Name Coupon Valuation Date Ex-Date Record Date Payment Date…
TFS Financial Corporation Announces Dividend Declaration
TFS Financial Corporation (NASDAQ: TFSL), the holding company for Third Federal Savings and Loan Association of Cleveland, has announced that its Board of Directors declared a quarterly cash dividend of $0.2825 per share. The dividend will be payable on December…
Barclays Bank PLC Extends Four Cash Tender Offers and Consent Solicitations
Barclays Bank PLC (the “Issuer”) has announced an extension to the expiration deadline for its ongoing cash tender offers (“Offers”) and consent solicitations (“Consent Solicitations”) for four series of its exchange-traded notes (ETNs). The new expiration date is January 29,…
Taos Housing Partnership Receives $30K Grant from Federal Home Loan Bank of Dallas and Centinel Bank of Taos
Taos Housing Partnership Receives $30K Grant to Support Economic Development The Federal Home Loan Bank of Dallas (FHLB Dallas) and Centinel Bank of Taos have awarded $30,000 in Partnership Grant Program (PGP) funding to the Taos Housing Partnership, supporting efforts…
New Open Finance Guidelines to Enhance Financial Inclusion
Global Organizations Launch Open Finance Guidelines to Advance Financial Inclusion A coalition of international organizations has unveiled high-level guidelines to assist governments in leveraging open finance to enhance digital financial services, drive innovation, and broaden access to diverse financial products.…
CoinFlip, Leading Bitcoin ATM Provider, Launches Wallet App in Australia and New Zealand to Elevate User Experience
CoinFlip, a global leader in digital currency platforms, has introduced its new CoinFlip Wallet in Australia and New Zealand, aimed at simplifying cryptocurrency transactions and making digital assets more accessible. The CoinFlip Wallet is designed to enhance user experience by…
SMBC MANUBANK Announces Key Hires in Credit, Accounting, and Technology to Drive Growth
SMBC MANUBANK, a wholly owned subsidiary of SMBC Americas Holdings, Inc. and part of SMBC Group, has announced the appointment of three new executives to lead its Credit, Accounting, and Information Technology functions as the bank continues its business transformation.…
Uzzi & Lall Announces Key Appointments: Colin Adams, Chris Boas, and Jonathan Wang
Uzzi & Lall, a leading independent boutique financial advisory firm, has announced three key appointments aimed at accelerating its growth and strengthening its presence both domestically and internationally. The new additions include Colin Adams as Partner and Chief Operating Officer,…
NatWest Group Upgrades Self-Service Banking with NCR Atleos
NCR Atleos Corporation (NYSE: NATL), a leader in enhancing self-service financial access for financial institutions, retailers, and consumers, has announced an expanded partnership with NatWest Group, one of the UK’s largest banking institutions serving over 19 million customers. This collaboration…