BlackRock’s iShares Ethereum Trust ETF (ETHA) begins trading today on Nasdaq. ETHA aims to track the price of Ethereum’s native token, ether, and carries a 0.25% sponsor fee, with a one-year waiver reducing the fee to 0.12% on the first…
Lucid Capital Markets, LLC (“Lucid”), a comprehensive broker-dealer and investment bank, is pleased to announce the launch of its REIT Equity Research Franchise with the appointment of Craig Kucera as Managing Director. In this role, Craig will oversee research coverage…
Citigroup Inc. announced today that its Board of Directors has declared a quarterly dividend of $0.56 per share on Citigroup’s common stock. This dividend is payable on August 23, 2024, to stockholders of record as of August 5, 2024. The…
Capstack Technologies, the leading loan trading platform for financial institutions, today announced the acquisition of Edge Tradeworks Inc. (“Edge”), an institutional-grade whole loan-trading and bank analytics platform. Together, the two companies will offer a first-of-its-kind platform that brings whole loan…
KBRA has assigned preliminary ratings to six classes of Bridge 2024-SFR1 single-family rental pass-through certificates. Bridge 2024-SFR1 is a single-borrower, single-family rental (SFR) securitization collateralized by a $265 million loan secured by first-priority mortgages on 1,130 income-producing single-family homes. The…
Harleysville Financial Corporation (OTCQX ) announced today that its board of directors has declared a regular quarterly cash dividend of $0.31 per share on the company’s common stock. The dividend is payable on August 14, 2024, to stockholders of record…
Webster Financial Corporation (NYSE: WBS) announced significant appointments and elections to its leadership team and board. The Board of Directors approved the appointment of William (Neal) Holland as Executive Vice President, Finance of both Webster Financial Corporation and Webster Bank,…
BNP Paribas, Europe’s leading bank, and Ant International, a digital payment and financial technology leader, have entered a strategic partnership to enhance cross-border payment solutions for merchants and consumers in Europe. On July 3, 2024, in Zurich, Douglas Feagin, President…
1GLOBAL, a leading Mobile Virtual Network Operator (MVNO), has announced a strategic partnership with Verint to transform compliance in the financial services and trading sector. This collaboration will upgrade 1GLOBAL’s mobile compliance recording solutions for financial institutions worldwide, providing a…
Assured Guaranty Ltd. (NYSE: AGO) announced that S&P Global Ratings, Kroll Bond Rating Agency (KBRA), and Moody’s Ratings have confirmed that they see no change to Assured Guaranty’s financial strength following the expected merger of Assured Guaranty Municipal Corp. (AGM)…
Cross River Bank (“Cross River”), a technology infrastructure provider specializing in embedded financial solutions, and MassPay, a leading provider of business payment solutions, are expanding access to domestic instant payments. This collaboration aims to simplify complex real-time payment operations for…
KBRA UK assigns preliminary ratings to seven classes of notes issued by RRE 20 Loan Management DAC, a cash flow collateralised loan obligation (CLO) backed primarily by a diversified portfolio of Euro-denominated corporate loans. RRE 20 Loan Management DAC is…
