Farmers & Merchants Bank of Long Beach Commits $2 Million Investment in Clearinghouse CDFI Farmers & Merchants Bank of Long Beach (F&M Bank) has announced a significant $2 million capital investment in Clearinghouse Community Development Financial Institution (Clearinghouse CDFI), reinforcing…
KKR Income Opportunities Fund Finalizes Acquisition of Insight Select Income Fund Assets The Board of Trustees of KKR Income Opportunities Fund (NYSE: KIO) has officially announced the successful completion of KIO’s previously disclosed acquisition of the assets of Insight Select…
Savant Growth Fuels Qount’s AI-Driven Revolution in Accounting Practice Management with $17 Million Investment The landscape of accounting and tax practice management is undergoing a profound transformation, with AI-driven solutions paving the way for increased efficiency, automation, and enhanced service…
Northern Trust Asset Management Expands Global Quantitative Investment Strategies Team to Drive Innovation and Growth Northern Trust Asset Management (NTAM), one of the world’s leading global investment management firms with assets totaling US$1.3 trillion as of December 31, 2024, has…
iCapital® Enhances Portfolio Tools for Seamless Alternative Investment Integration iCapital, a leading global fintech platform revolutionizing the alternative investment marketplace for the wealth and asset management sectors, has unveiled significant enhancements to its highly regarded portfolio construction tool, iCapital Architect.…
Reports Virtus Investment Partners Q4 2024 Results Virtus Investment Partners, Inc. (NYSE: VRTS) reports its financial results for the quarter ending December 31, 2024, showcasing strong revenue growth despite a slight decline in assets under management (AUM). While the company…
Aldar to Receive $500M Hybrid Capital Solution from Apollo Apollo (NYSE: APO) has announced a major investment deal where Apollo-managed affiliates, funds, and clients will invest USD $500 million in subordinated notes issued by Aldar Properties PJSC (“Aldar”). This transaction…
Cedar Money Secures $9.9M Seed Round Led by QED Investors for Cross-Border Stablecoin Payments Cedar Money, a company focused on facilitating seamless cross-border payments using stablecoins, has raised $9.9 million in a seed funding round. Led by QED Investors, the…
Payments Survey: 69% of Canadians Want Scam Protection in Real-Time Transactions A recent survey conducted by global analytics software leader FICO reveals a significant shift in consumer behavior, particularly with regard to real-time payments (RTP) in Canada. The study highlights…
Partners Haven Capital Invests in TMC to Boost Microsoft Cloud Innovation Technology Management Concepts (TMC), a leading Microsoft partner specializing in the full Microsoft technology stack—including Dynamics 365, Office 365, Azure, and the Power Platform—has announced a significant growth investment…
Xetra ETF & ETP Stats 2024: Growth in AUM and Product Diversity Deutsche Börse’s Exchange Traded Funds (ETFs) and Exchange Traded Products (ETPs) segment saw significant growth in 2024, with assets under management (AUM) reaching a record €1.83 trillion, marking…
Investment Banking Leader Jon Weiss, Co-CEO of Corporate & Investment Banking, to Retire Wells Fargo & Company (NYSE: WFC) has announced that Jon Weiss, Co-CEO of Corporate & Investment Banking (CIB), will retire from the company after nearly two decades…
