Outgoing Chair Jeff Tennyson, honored for three years of service, will remain active on the Advisory Council. The National Private Lenders Association (NPLA) announced today that Eric Abramovich, Co-Founder and Chief Revenue Officer of Roc360 (parent of Roc Capital), has been selected Chairman of…
Arch Capital Group Ltd. (NASDAQ: ACGL) (“Arch” or the “Company”) announced that its Board of Directors has increased the authorization for its existing share repurchase program by $2.0 billion, which, as in the past, may be effected from time to…
Yodlee, a pioneer in open finance and trusted technology and data ally to the world’s leading financial institutions, today announced the close of its acquisition by STG, a private equity firm recognized for scaling transformational software, data, and analytics companies.…
Compliance Risk Concepts (CRC), an enterprise risk, compliance and business consulting firm for the financial services industry, has acquired Oyster Consulting, LLC (Oyster), a strategic consulting and operations partner for financial services organizations. The combined firm, which will be known in the marketplace…
Old Glory Bank Surpasses $200 Million in Deposits, Solidifying Its Role as a Financial Home for America’s Freedom Economy In a significant milestone that underscores the power of values-driven banking, Old Glory Bank announced it has officially surpassed $200 million…
Dfns, a leading wallet-as-a-service platform for crypto assets, has successfully raised $16 million in Series A funding. The investment round was led by Further Ventures, the venture arm of Abu Dhabi’s largest sovereign wealth fund, ADQ. The funding also saw…
The Indigenomics Institute, an Indigenous economic advisory, proudly announces the 6th Annual Indigenomics 2024 ‘10 to Watch’ List at its Bay Street Conference Gala. “We are thrilled to see Indigenous businesses breaking down barriers,” said Clint Davis, CEO of Cedar…
Wells Fargo & Company (NYSE: WFC) has announced the appointment of Andrew Barnes as the inaugural Military and Veteran Segment Leader within its Commercial Banking Diverse Segments team. In this new role, Barnes will focus on supporting veteran-owned and -led…
New Mountain Finance Corporation (NASDAQ: NMFC), also known as “New Mountain” or the “Company,” has released its financial results for the second quarter ending June 30, 2024. Second Quarter Highlights: Financial Summary: Q2 2024 Q2 2023 Net Investment Income per…
The parent company of CommerceWest Bank, CW Bancorp, reported consolidated net income of $3,084,000 or $1.00 per diluted share for Q2 2024, a decrease from $4,214,000 or $1.27 per diluted share in Q2 2023. This represents a 21% drop in…
Blackstone Real Estate and MRP Group have announced an extension of their all-cash tender offer for Terrafina (BMV 13). Effective July 10, 2024, a Mexican trust formed by their affiliates has extended the offer until 14:00 Mexico City time on…
CMG Mortgage, Inc. Implements FICO’s Most Predictive and Innovative Score FICO, a leading analytics software firm, has announced that CMG Mortgage, Inc., the retail lending arm of the well-capitalized and privately held mortgage banking firm CMG Financial, has adopted FICO®…
