Bank of Hawai‘i Elevates James C. Polk to President and Appoints Matthew K.M. Emerson as Chief Retail Banking Officer
Bank of Hawai‘i Elevates James C. Polk to President, Names Matthew K.M. Emerson Chief Retail Banking Officer Bank of Hawai‘i Chairman and CEO Peter S. Ho has announced the promotion of James C. Polk to President of Bank of Hawai‘i…
Lucid Capital Markets Launches REIT Equity Research Group with Industry Veteran Craig Kucera at the Helm
Lucid Capital Markets, LLC (“Lucid”), a comprehensive broker-dealer and investment bank, is pleased to announce the launch of its REIT Equity Research Franchise with the appointment of Craig Kucera as Managing Director. In this role, Craig will oversee research coverage…
AM Best Reaffirms Credit Ratings for Everest Group, Ltd. and Its Subsidiaries
AM Best has reaffirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (ICR) of “aa-” (Superior) for the operating subsidiaries of Everest Group, Ltd. (Bermuda), collectively known as Everest. Additionally, the Long-Term ICRs of…
SMArtX Advisory Solutions Launches Premier Select Manager List Showcasing Top Investment Strategies for Q2 2024
SMArtX Advisory Solutions Reveals Premier Select Manager List for Q2 2024, Showcasing Top Investment Strategies SMArtX Advisory Solutions (“SMArtX”), a leading innovator in managed accounts technology and the creator of the SMArtX Turnkey Asset Management Platform (TAMP), proudly announces the…
Fifth Third Bank Awarded ‘Best Super-Regional Bank in the U.S.’ by Euromoney
Fifth Third Bank Recognized as ‘Best Super-Regional Bank in the U.S.’ by Euromoney Fifth Third Bank is honored to be named “U.S. Best Super-Regional Bank” in Euromoney’s 2024 Awards for Excellence. “Our well-balanced and diversified portfolio positions us strongly to…
Republic Bancorp, Inc. Reports $25.2 Million Net Income for Q2 2024
Republic Bancorp, Inc. Reports $25.2 Million Net Income for Q2 2024 Republic Bancorp, Inc. (“Republic” or the “Company”) announced a net income of $25.2 million for the second quarter of 2024, translating to Diluted Earnings per Class A Common Share…
AM Best Reaffirms Credit Ratings for Quanta Insurance Company, Inc
AM Best has reaffirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (ICR) of “a-” (Excellent) for Quanta Insurance Company, Inc. (QIC) based in Houston, TX. The outlook for these ratings remains stable. The…
MUFG Bank, Ltd. Announces Document Submission Details for Financial Services Agency Administrative Actions
MUFG Bank and MUMSS Address Financial Services Agency’s Business Improvement Orders and Reporting Requests The Financial Services Agency (FSA) of Japan has issued business improvement orders to MUFG Bank and MUMSS under Articles 51, paragraph 2 and 51 of the…
Absa Bank Appoints LTIMindtree as Strategic Technology Partner for Transformation
LTIMindtree Expands Multi-Million Dollar Partnership with Absa Bank to Drive Digital Transformation LTIMindtree [NSE: LTIM, BSE: 540005], a global leader in technology consulting and digital solutions, has announced the extension of a multi-million dollar contract with Absa Bank, Africa’s leading…
KBRA Issues Preliminary Ratings for BX 2024-BIO2
KBRA has assigned preliminary ratings to four classes of BX 2024-BIO2, a single-borrower CMBS securitization. The transaction is backed by a $560.0 million portion of a $760.0 million non-recourse, first lien mortgage loan. This fixed-rate loan has a five-year term…
State Street Corporation Announces Dividends for Common Stock and Non-Cumulative Perpetual Preferred Stock Series G, H, and I
State Street Corporation (NYSE: STT) has announced a quarterly cash dividend of $0.76 per share on its common stock. This dividend, representing a 10% increase from the previous quarter’s $0.69 per share, will be payable on October 11, 2024, to…
Citigroup Announces Dividend for Common Stock and Preferred Stock
Citigroup Inc. announced today that its Board of Directors has declared a quarterly dividend of $0.56 per share on Citigroup’s common stock. This dividend is payable on August 23, 2024, to stockholders of record as of August 5, 2024. The…