The First Trust Specialty Finance and Financial Opportunities Fund (NYSE: FGB) announced the results of its special shareholder meeting held on August 29, 2024. Shareholders were asked to vote on a proposal to reorganize the Fund with the abrdn Total…
Securian Financial is strengthening its presence in the digital lending market through a strategic partnership with Aven, a fintech company that offers the Aven Home Card, a consumer credit card backed by home equity. As part of this partnership, Securian…
Square Financial Services, a Utah state-chartered industrial bank and a subsidiary of Block, Inc., has announced the launch of its 24 Squared grant initiative, in collaboration with the Community Foundation of Utah (CFU). Building on the success of the 22…
On August 9, KBRA DLD, a division of KBRA Analytics, added Khoros, LLC (formerly Lithium Technologies, LLC) to its Default Radar Red List. This move followed a significant markdown by Goldman Sachs BDC, which reduced its fair value mark on…
MultiBank Group, one of the world’s largest financial derivatives institutions based in Dubai, has announced its most successful financial year to date, with a record-breaking revenue of $306,636,717 in 2023. According to the latest audited financial statements, MultiBank Group achieved…
Adyen and the BMW Group have expanded their successful global partnership to include point-of-sale (POS) systems, enhancing the payment experience for BMW customers both online and offline. Building on their established e-commerce collaboration, Adyen will now provide integrated POS solutions…
Adyen, a leading global payments platform, has announced its expansion into India following authorization from the Reserve Bank of India to operate as an Online Payment Aggregator for both domestic and cross-border transactions. This expansion includes the establishment of a…
CaixaBank Hotels & Tourism, the bank’s dedicated unit for the tourism industry, provided €1.75 billion in loans to hotels and tourist accommodations during the first half of 2024. This represents a 43% increase in loan volume compared to the same…
Singaporean consumers are showing increased optimism about both the local economy and their personal finances, despite ongoing concerns about inflation and gaps in financial preparedness among younger people, according to UOB’s ASEAN Consumer Sentiment Study (ACSS) 2024. The study reveals…
Deutsche Bank has announced the closing of an AUD 348 million debt and bank guarantee facility for the Goorambat East Solar Farm. The bank will serve as the Initial Financer, Bank Guarantee Facility Provider, and Hedge Provider for this project.…
In a strong indicator of the UK’s economic potential, 468,000 new businesses were launched in the first half of 2024, according to the New Startup Index by Beauhurst, supported by NatWest. This surge brings the total number of companies operating…
As a key player in advancing development, Bank Mandiri remains dedicated to accelerating financial inclusion among the younger generation. By introducing various innovative solutions and educational initiatives, the bank aims to broaden access to secure and convenient banking services, particularly…
