ICE Reports Record Open Interest Across Interest Rate Futures Markets
ICE Interest Rate Futures Markets Reach Record Open Interest Intercontinental Exchange, Inc. (NYSE: ICE), a leading global operator of financial exchanges and provider of financial market technology and data, has reported record open interest across its interest rate futures markets,…
Ethniki Insurance Completes Pricing of Inaugural €200 Million Tier 2 and RT1 Perpetual Bonds
Ethniki Insurance Prices Inaugural €200 Million Tier 2 and Restricted Tier 1 Perpetual Bonds Piraeus Bank S.A. (“Piraeus” or the “Bank”) has announced that its wholly owned subsidiary, “The Ethniki” Hellenic General Insurance Company S.A. (“Ethniki Insurance” or the “Issuer”),…
First International Bank & Trust Reveals Winners of 12th Annual Live First Giving Campaign
First International Bank & Trust Celebrates Winners of 12th Annual Live First Community Giving Campaign First International Bank & Trust (FIBT) has announced the recipients of its 12th Annual Live First Community Giving Campaign, distributing a total of $75,000 in…
AM Best Removes Credit Ratings of NEWGT Reinsurance Company, Ltd.
AM Best Withdraws Credit Ratings for NEWGT Reinsurance Company, Ltd. AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) of NEWGT Reinsurance Company, Ltd. (NEWGT), a…
AM Best Confirms Ratings of Zurich Insurance Group and Its Main Rated Entities
AM Best Reaffirms Credit Ratings of Zurich Insurance Group and Key Rated Subsidiaries AM Best has reaffirmed the strong financial strength and credit ratings of Zurich Insurance Group Ltd. (Zurich), reinforcing the global insurer’s position as a financially resilient organization…
The Bancorp Advances Apex 2030 Strategy With Ongoing Organizational Alignment
The Bancorp Strengthens Apex 2030 Strategy Through Continued Organizational Alignment The Bancorp Bank, N.A., a wholly owned subsidiary of The Bancorp, Inc. (NASDAQ: TBBK), is moving forward with the next phase of its long-term strategic transformation as the company continues…
Osaic Expands Advisor Network with Addition of Midwest Financial Group
Osaic Expands Advisor Network with Addition of Midwest Financial Group Osaic, Inc., one of the largest providers of wealth management strategies in the United States, is expanding its advisor network with the addition of Midwest Financial Group, a Madison, Wisconsin-based…
TabaPay Announces $155 Million Strategic Financing and Planned Acquisition of Transact Bank
TabaPay Secures $155 Million Growth Financing and Plans Acquisition of Transact Bank TabaPay, Inc., a leading provider of money movement infrastructure, has secured $155 million in strategic growth financing led by FTV Capital, a global growth equity investment firm with…
Lumin Digital Introduces Industry-First M&A Readiness Framework for Financial Institutions
Lumin Digital Launches Industry-First M&A Readiness Framework for Financial Institutions Lumin Digital, a digital banking platform focused on helping banks and credit unions drive sustained growth, has launched the M&A Readiness Advantage, a new end-to-end framework designed specifically to help…
FHLB Dallas and WestStar Award $6,000 Grant to Advance Innovation in El Paso
FHLB Dallas and WestStar Bank Award $6,000 Grant to Support El Paso Entrepreneurship and Innovation The Federal Home Loan Bank of Dallas (FHLB Dallas), together with its member WestStar Bank, has awarded a $6,000 Partnership Grant Program (PGP) grant to…
Bank of Hope Approved to Acquire Commercial Banking Operations of SMBC MANUBANK
Bank of Hope Receives Regulatory Approvals to Acquire SMBC MANUBANK’s Commercial Banking Unit Hope Bancorp, Inc. (NASDAQ: HOPE) announced that its wholly owned banking subsidiary, Bank of Hope, has secured all regulatory approvals required to move forward with its previously…
State Street Launches New UC Endowment Strategy Index ETF with Landmark Investment from UC Investments
State Street Investment Management Launches Endowment-Inspired ETF Backed by Record $2.5 Billion UC Investments Commitment State Street Investment Management has introduced a new exchange-traded fund designed to bring an institutional-style investment philosophy to a much broader audience. The asset manager…