Strong Financial Results and Share Buyback Program Approved
Nexi SpA’s Board of Directors gave the green light on March 6 to the consolidated financial results for the group as of December 31, 2023. “In 2023, we continued our growth journey across all geographies, further increasing our margins and…
Meet Ask Redfin: AI Home Inquiry Tool
Redfin, known for its innovative approach to real estate, has introduced Ask Redfin, a beta version of its AI-powered virtual assistant designed to assist homebuyers with inquiries about properties listed for sale. Through the Ask Redfin tool, house hunters can…
Hancock Whitney Appoints Shane Loper as President of Hancock Whitney Bank
Following Joe Exnicios’ official retirement on March 1, 2024, after 46 years of dedicated service, Hancock Whitney has appointed D. Shane Loper, the current Chief Operating Officer, to succeed Exnicios as the President of Hancock Whitney Bank. In his new…
360 View Welcomes Former Fiserv Senior Sales Director to Their National Sales Team
360 View, a renowned provider of customer relationship management software tailored for banks and credit unions, proudly announces the appointment of Mark Schiefelbein as National Sales Representative. This strategic addition to their sales team aligns with 360 View’s commitment to…
Templeton Emerging Markets Income Fund (“TEI” or the “Fund”) Declares Distribution
Templeton Emerging Markets Income Fund [NYSE: TEI] today announced a monthly distribution from net investment income of $0.0475 per share, payable on March 28, 2024, to shareholders of record on March 19, 2024 (Ex-Dividend Date: March 18, 2024). The Fund’s Board…
AM Best Adjusts Outlook of Issuer Credit Rating to Stable for Middle East Insurance Company Plc
AM Best has upgraded the outlook for Middle East Insurance Company Plc (MEICO) from negative to stable for its Long-Term Issuer Credit Rating (Long-Term ICR) while affirming its Financial Strength Rating (FSR) of B (Fair) and the Long-Term ICR of…
AM Best Maintains Credit Ratings of Halyk Insurance Company JSC
AM Best has affirmed Halyk Insurance Company’s Financial Strength Rating at B++ (Good) and its Long-Term Issuer Credit Rating at “bbb” (Good), with a stable outlook. These ratings reflect the company’s robust balance sheet strength, strong operating performance, limited business…
XAI Octagon Trust Announces $0.085 Monthly Share Distribution
The XAI Octagon Floating Rate & Alternative Income Trust (XFLT) has announced its regular monthly distribution of $0.085 per share on its common shares (NYSE: XFLT), with payment scheduled for April 1, 2024, to shareholders of record as of March…
AM Best Maintains Credit Ratings for Virginia Surety Seguros de México, S.A. de C.V.
AM Best has reaffirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) for Virginia Surety Seguros de México S.A. de C.V. (VSSM) in Mexico City, Mexico. The outlook for…
SABA Declares Dividend of $0.029
Saba Capital Income & Opportunities Fund II (NYSE: SABA), a registered closed-end management investment company traded on the New York Stock Exchange, has announced a monthly dividend of $0.029 per share on February 29, 2024. This dividend will be payable…
FGIC Enters Transaction Support Agreement for Run-Off Plan
Financial Guaranty Insurance Company (FGIC) has made an announcement regarding its entry into a transaction support agreement with an ad hoc group of certain holders of FGIC-insured securities. The agreement, dated February 29, 2024, aims to accelerate the run-off of…
Metropolitan Commercial Bank Strengthens Risk and Finance Teams with Veteran Bank Professionals
Metropolitan Commercial Bank (the “Bank,” “MCB”), a New York City-based full-service commercial bank, announced today the appointment of Gregory Gaare as Senior Vice President and Chief Risk Officer, Theodore George Andreades as Senior Vice President and Bank Secrecy Act/Anti-Money Laundering…