Fifth Third Named Best Treasury & Cash Management Bank
Fifth Third has been named a Best Treasury and Cash Management Bank (US, Regional) by Global Finance magazine as part of its 24th annual Best Treasury and Cash Management Banks awards for 2024. “Transformation in treasury and cash management is…
BNP Paribas and QuantumStreet AI Launch Cross Asset Trend & AI Index in Brazil
BNP Paribas, Europe’s leading global bank, and QuantumStreet AI, a global leader in AI-powered investment solutions, have announced the launch of a proprietary BNP Paribas Cross Asset Trend and AI Index in Brazil, with global expansion plans. This index combines…
Archwest Capital Secures Growth Investment from Bain Capital
Archwest Capital, a lender specializing in non-owner-occupied residential real estate loan solutions, announced a significant growth investment from Bain Capital. Bain Capital and its affiliates will acquire a controlling stake in Archwest Capital, with the management team, led by CEO…
Introducing Balance+: Fee-Free Overdraft Protection for Debit Card Transactions by Discover
Discover has unveiled Balance+, an innovative addition to its Cashback Debit Checking account, aimed at offering customers fee-free discretionary overdraft coverage for everyday debit card transactions. This initiative addresses a common pain point for many Americans living paycheck-to-paycheck, underscoring Discover’s…
KBRA Issues Initial Ratings for RRE 20 Loan Management DAC
KBRA UK assigns preliminary ratings to seven classes of notes issued by RRE 20 Loan Management DAC, a cash flow collateralised loan obligation (CLO) backed primarily by a diversified portfolio of Euro-denominated corporate loans. RRE 20 Loan Management DAC is…
Natcap Raises $10 Million to Integrate Nature into Business Decision-Making
Natcap Secures $10 Million to Expand Nature Integration in Business Decision-Making Natcap, a pioneering nature tech firm, has successfully raised $10 million in an oversubscribed Series A funding round. This funding is aimed at scaling Natcap’s innovative nature data platform,…
H.I.G. Capital Enters Definitive Agreement to Purchase CGH Group
H.I.G. Capital, a prominent global alternative investment firm managing $64 billion in capital, has announced the signing of a definitive agreement to acquire CGH Group S.A. (CGH), a key player in the production of large, engineered storage tanks and tank…
Amundi US Announces Monthly Distributions for the Pioneer Closed-End Funds
Amundi US has announced the dividend declarations for six Pioneer closed-end funds for July 2024. Ex-Date: July 19, 2024 Record Date: July 19, 2024 Payable Date: July 31, 2024 Taxable Funds: Tax-Exempt Funds: Market Price and NAV: Fund Name Market…
AM Best Maintains Credit Ratings for New York Life Insurance Company and Its Subsidiaries
AM Best has reaffirmed New York Life Insurance Company, New York Life Insurance and Annuity Corporation (NYLIAC), Life Insurance Company of North America (LINA), New York Life Group Insurance Company of NY (NYLGICNY), and NYLIFE Insurance Company of Arizona with…
AM Best Rates Performance of Edward William Insurance Services LLC
AM Best has assigned a Performance Assessment (assessment) of PA-4 (Fair) to Edward William Insurance Services LLC (EW) of the United States, with a stable outlook. The assessment highlights EW’s strengths in underwriting capabilities, particularly in the marine yacht coverage…
Old Glory Bank Launches $100,000 Line-of-Duty Death Benefit for Old Glory Protectors
”Old Glory Bank Launches $100,000 Line-of-Duty Death Benefit for Old Glory Protectors” Old Glory Bank, the dedicated online community bank celebrating American values, proudly introduces Old Glory Protect, a $100,000 line-of-duty death benefit designed for our Protectors who make the…
Ant Group and Mastercard Expand International Consumer Friendly Zones Program to Enhance Inbound Travel to China
The International Consumer Friendly Zones initiative broadens to Chengdu and Chongqing after successful introductions in Beijing, Guangzhou, and Shanghai. Ant Group collaborates with prominent international card networks and top Asian e-wallet providers to enrich the digital payment experience for visitors…