Alerus Financial Corporation (Nasdaq: ALRS), or the Company, reported net income of $6.4 million for the first quarter of 2024, or $0.32 per diluted common share, compared to a net loss of $14.8 million, or ($0.73) per diluted common share,…
PennyMac Financial Services, Inc. (NYSE: PFSI) announced a net income of $39.3 million for Q1 2024, translating to $0.74 per share on a diluted basis, with revenue reaching $305.7 million. Notably, the book value per share dropped to $70.13 from…
TabaPay, a leading financial services company, has made headlines with its recent announcement of acquiring the assets of Synapse Financial Technologies, Inc. This strategic move marks a significant development in the fintech industry, signaling TabaPay’s commitment to expansion and innovation.…
UBS Wealth Management USA has announced the appointment of Christopher Toregas CFP® as a Managing Director and Senior Portfolio Manager at the Century City office. Christopher and his team are joining the Los Angeles Market, led by Market Executive Lauren…
Leading Prime of Prime liquidity provider, B2Broker, remains committed to excellence, continually attentive to customer needs to equip them with top-notch tools for attracting more end-users and gaining a competitive edge in the industry. In line with this commitment, B2Broker…
First Trust Advisors L.P. (“FTA”) has announced that the special shareholder meeting of First Trust Specialty Finance and Financial Opportunities Fund (NYSE: FGB) (the “Fund”), initially convened on April 18, 2024, has been adjourned. This decision allows for further solicitation…
Summit Financial Holdings, a trusted architect of advisor success and client satisfaction for over four decades, has unveiled significant enhancements to its private markets offering. This refined approach is meticulously designed to arm advisors with institutional-quality resources, merging the bespoke…
Boston Financial, a prominent syndicator of Low-Income Housing Tax Credits (LIHTC) in the United States, has once again secured the top spot as the largest LIHTC multifamily housing syndicator for the fourth consecutive year, as per the National Multifamily Housing…
UBS Private Wealth Management has announced the addition of Regina Bronson and Alex Gitomer as Managing Directors and Private Wealth Advisors in New York City. Joining them are Senior Wealth Strategy Associates Christina Brown and Hilary Stock. Upon completion of…
Jefferies Financial Group Inc. (NYSE: JEF) (“JFG”, “we” or “our”) announced the pricing of its public offering of $1.5 billion aggregate principal amount of 6.200% Senior Notes due 2034 (the “Notes”) with an effective yield of 6.222%, maturing April 14,…
UBS has launched Project Female Founder 2024, a year-long global program aimed at equipping early-stage female founders with the skills and resources necessary to access capital aligned with their goals. In collaboration with partners Fortuna, Coralus, and Live True, the…
S&P Global Ratings is thrilled to announce its recognition as the External Assessment Provider of the year at Environmental Finance’s Sustainable Debt Awards. These prestigious awards highlight outstanding achievements in green, social, sustainable, and sustainability-linked bonds and loans, as well…
