Credit Union Wealth Group (CUWG), a leading provider of wealth management programs and investment solutions for credit unions, has announced the launch of its innovative credit union investment management services. This new suite of managed bond products is specifically designed…
UBS Investment Bank has announced coupon payments for 9 ETRACS Exchange-Traded Notes (ETNs) traded on NYSE Arca and the expected coupon payments for 3 ETNs traded on NASDAQ. These notes, collectively referred to as “ETNs,” are linked to various underlying…
MAI Capital Management Acquires Garrison Asset Management: A Strategic Growth Move Introduction MAI Capital Management, LLC (“MAI”), a leading registered investment adviser renowned for its comprehensive investment and financial planning services tailored to high-net-worth individuals and families, has announced its…
Ares Capital Corporation Announces Pricing of $1 Billion Public Offering of 5.800% Unsecured Notes Due 2032 Ares Capital Corporation (Nasdaq: ARCC), a leading specialty finance company, has officially priced an underwritten public offering of $1 billion in aggregate principal amount…
loanDepot, Inc. (“LDI” or “Company”) (NYSE: LDI), a leading provider of products and services supporting the homeownership journey, was included in the Orange County Business Journal’s (OCBJ) 2024 “Companies That Care” report. This recognition highlights businesses making significant contributions to…
Western Asset Inflation-Linked Opportunities & Income Fund (WIW)Notification of Sources of DistributionsPursuant to Section 19(a) of the Investment Company Act of 1940 Introduction: The Western Asset Inflation-Linked Opportunities & Income Fund (NYSE: WIW) has announced the estimated sources of its…
HomeStreet Bank, a prominent financial institution and the principal subsidiary of HomeStreet, Inc. (Nasdaq: HMST), recently announced a significant transaction involving the sale of $990 million in multifamily commercial real estate loans to Bank of America. This strategic move marks…
Bold Deal HomeStreet to Sell $990 Million in Multi-Family Loans to Bank of America HomeStreet, Inc. (Nasdaq: HMST), the parent company of HomeStreet Bank, has disclosed a strategic agreement with Bank of America to sell $990 million in multifamily commercial…
ICE Mortgage Performance Report: Delinquencies Hit 3-Year High at 3.74%, Prepayments Fall by 25% Due to Rising Rates Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, has released its “first look” at November 2024 month-end…
MFS Investment Management® (MFS®) has announced the distribution income sources for December 2024 for five of its closed-end funds. These funds are MFS® Charter Income Trust (NYSE: MCR), MFS® Government Markets Income Trust (NYSE: MGF), MFS® Intermediate High-Income Fund (NYSE:…
Leap Financial, a Miami-based fintech startup, has raised $3.5 million in seed funding, with Fuel Venture Capital leading the round. Additional investment came from Ascendo Venture Capital. Leap offers a seamless solution for financial and non-financial institutions to participate in…
FINRA Fines Three Firms Over $8.2 Million in Customer Restitution FINRA has mandated that Edward Jones, Osaic Wealth, Inc., and Cambridge Investment Research, Inc. collectively pay over $8.2 million in restitution to customers impacted by the firms’ failure to implement…
