Quantalytix, a provider of cloud-based Enterprise Bank Management (EBM) software and an Enterprise Data Management (EDM) platform for financial institutions, announced that Will Bryant, its Chief Operating Officer (COO) and Co-founder, has been elected to the Board of Directors for…
Kestra Holdings announced that funds managed by Stone Point Capital LLC, a leading private equity firm specializing in global financial services, have agreed to acquire a majority interest in Kestra Holdings’ parent partnership. Stone Point will replace Warburg Pincus LLC,…
General Motors Co. (NYSE: GM) and Barclays US Consumer Bank have entered into a long-term agreement for Barclays to become the exclusive issuer of the GM Rewards Mastercard and GM Business Mastercard in the United States starting next summer. “Barclays…
To strengthen the pipeline of diverse real estate developers in Illinois and Wisconsin, the Federal Home Loan Bank of Chicago (FHLBank Chicago) has awarded over $3 million through its 2024 Community First® Diverse Developer Initiative. This funding will support 62…
KBRA has published new research on the issuance trends within the European securitisation market. Despite expectations of a summer slowdown, Q3 2024 maintained the strong momentum set in the first half of the year, making this the strongest post-global financial…
UBS Wealth Management USA has announced that Financial Advisor Jared Berault has joined the firm in Manchester, New Hampshire, where he manages over $400 million in client assets. He will be joined by Client Associate Fred Kline. “Jared and Fred…
SRM (Strategic Resource Management), a globally trusted advisory firm serving financial institutions, is pleased to announce the addition of Leanne Lange to its team. Lange will serve as Managing Director within SRM’s Banking and Payments practice, where she will lead…
Stonebriar Commercial Finance (“Stonebriar”), a leading provider of asset-based private credit solutions with $7.3 billion in assets under management, has announced the appointment of Nicholas Sandler as its new CEO. Sandler, who has served as the company’s president since June…
KBRA has announced the assignment of preliminary ratings to four classes of mortgage pass-through certificates from FREMF Series 2024-K757 and three classes from Freddie Mac’s structured pass-through certificates (SPCs), Series K-757. The FREMF 2024-K757 transaction amounts to $843.2 million and…
Vietnam Embedded Finance Business and Investment Opportunities Databook Now Available The “Vietnam Embedded Finance Business and Investment Opportunities Databook – 75+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments – Q2 2024 Update” report is now available on ResearchAndMarkets.com.…
Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) gathered with Prospera Housing Community Services (Prospera) and the Weslaco Chamber of Commerce to celebrate the grand opening of Weslaco Village Apartments. This project received significant support from a…
KBRA has assigned preliminary ratings to seven classes of Mortgage Participation Pass-Through Certificates from J.P. Morgan Mortgage Trust 2024-HE3 (JPMMT 2024-HE3), a $402.7 million residential mortgage-backed securities (RMBS) transaction. This transaction is sponsored by J.P. Morgan Mortgage Acquisition Corp. and…
