Accord Announces Second Quarter Financial Results
Accord Financial Corp. (TSX – ACD) has announced its financial results for the quarter ending June 30, 2024. All figures are presented in Canadian dollars and comply with International Financial Reporting Standards (IFRS). Financial Highlights Simon Hitzig, President and CEO,…
Arvest Bank and FHLB Dallas Grant $225,000 to Support Youth Homeless Shelter
The Federal Home Loan Bank of Dallas (FHLB Dallas) has awarded a $225,000 Affordable Housing Program (AHP) grant to Immerse Arkansas, facilitated through FHLB Dallas member Arvest Bank. The grant will fund the construction of a new homeless shelter for…
Calque and Mortgage Trust Collaborate to Launch The Trade-In Mortgage
Mortgage Trust, a boutique mortgage broker based in Oregon, has partnered with Calque to unveil The Trade-In Mortgage™, a groundbreaking loan program designed to assist homeowners across the nation. This innovative solution enables clients to use the equity from their…
KBRA Issues Ratings for Tricon Residential 2024-SFR3
KBRA Assigns Ratings to Four Classes of Tricon Residential 2024-SFR3 Single-Family Rental Pass-Through Certificates KBRA has assigned ratings to four classes of Tricon Residential 2024-SFR3 (TCN 2024-SFR3) single-family rental (SFR) pass-through certificates. TCN 2024-SFR3 is a securitization backed by a…
Retail Union UFCW Urges Federal Home Loan Banks to Address Housing Crisis Instead of Increasing Apollo’s Profits
The United Food and Commercial Workers International Union (UFCW) is calling on regulators to reform the Federal Home Loan Bank System (FHLB) to better address the housing crisis faced by retail workers. In a comment letter regarding the FHLB’s mission,…
Market Momentum Slows in Q2 Amid Ongoing Inflation Concerns, According to Northern Trust Universe Data
Global equity market returns were modest in the second quarter of 2024, marking a shift from the robust performance seen in the first quarter, largely due to ongoing concerns about global inflation. The median return for institutional asset owners in…
Top Bank Achieves Significant Customer Experience Boost with Verint AI-Powered Bots
Verint® (NASDAQ: VRNT), known as The CX Automation Company™, has announced a significant enhancement in customer experience for a leading bank, achieved through the deployment of Verint’s AI-powered Verint Quality Bot and Verint Coaching Bot. The bank’s contact center Net…
Uzum Increases Net Income by 50% in H1 2024, Gears Up for Series B Funding Round
Uzum Reports 50% Net Income Growth in H1 2024 and Plans Series B Funding Round Uzum, a leading digital services ecosystem in Uzbekistan, has announced its performance highlights for the six months ending June 30, 2024. Key Operating and Financial…
Lincoln Private Market Index Rises in Q2, But Private Company Earnings Growth Decelerates
The Lincoln Private Market Index (LPMI), the sole index tracking the enterprise value of U.S. privately held companies, climbed 1.9% in the second quarter of 2024, reaching a new peak. This growth, as with most periods since the index’s launch,…
Stronghold Becomes a Nacha Preferred Partner
tronghold, a leading fintech company, has joined Nacha’s Preferred Partner Program, marking a significant step in its commitment to enhancing digital payments. As part of this prestigious program, Stronghold will collaborate with Nacha to offer innovative solutions that improve the…
L4CP: New Debt Advisory Platform Launched by Private Credit Investors
Lane Four Capital Partners, LLC (L4CP), an independent debt capital markets advisory firm, was established on August 1, 2024, by private credit investors Rob Chuchla and Robert Buckwalter. L4CP acts as an outsourced director of capital markets for its clients,…
Russell Investments Introduces Global Equity ETF Series
Russell Investments Canada Limited (Russell Investments) has announced the launch of the Russell Investments Global Equity Pool ETF Series, set to begin trading on the Toronto Stock Exchange (TSX) under the ticker symbol RIGE on August 9, 2024. This new…