Tri Counties Bank has announced the appointment of Scott Myers as its new Head of Wholesale Banking. “Scott’s extensive market knowledge and deep industry experience in Wholesale Banking will be a valuable asset to our senior leadership team,” said Dan…
Engine Capital LP, which holds approximately 7.1% of Dye & Durham Limited’s (TSX: DND) outstanding shares, has issued a letter to the company’s Board of Directors expressing concerns about its rising debt and recent acquisitions. In the letter dated September…
WisdomTree, Inc. (NYSE: WT) (“WisdomTree”) has announced the pricing of a $300 million private offering of convertible senior notes due 2029 (the “notes”) to qualified institutional buyers under Rule 144A of the Securities Act of 1933. The initial purchaser was…
Uzum Reports 50% Net Income Growth in H1 2024 and Plans Series B Funding Round Uzum, a leading digital services ecosystem in Uzbekistan, has announced its performance highlights for the six months ending June 30, 2024. Key Operating and Financial…
The Lincoln Private Market Index (LPMI), the sole index tracking the enterprise value of U.S. privately held companies, climbed 1.9% in the second quarter of 2024, reaching a new peak. This growth, as with most periods since the index’s launch,…
A $510,000 Affordable Housing Program (AHP) grant from the Federal Home Loan Bank of Dallas (FHLB Dallas), in collaboration with its member Texas Capital, will support the construction of a 34-unit affordable housing development for veterans in Waco, Texas. The…
Lincoln Financial Group (NYSE: LNC) announced today that the board of directors of Lincoln National Corporation has declared the following dividends on preferred stock: These dividends will be payable on September 1, 2024, to shareholders of record as of August…
Ledyard Financial Group, Inc. (OTCQX®: LFGP), the parent company of Ledyard National Bank, has released its financial results for the second quarter of 2024. The company demonstrated a quarter-over-quarter improvement in net income, underscoring the effectiveness of its strategic initiatives.…
MNT-Halan, Egypt’s largest non-bank financial institution and fintech, has acquired Tam Finans, a prominent commercial finance company in Turkey with a loan portfolio exceeding US $300 million. The acquisition was made from Actera Group, Turkey’s leading private equity firm, and…
Wolters Kluwer has been distinguished for its expertise in key governance, risk, and compliance areas, according to the 2024 Integrated GRC Solutions, Market Update, and Lender Landscape report by Chartis Research. The company secured five “Category Leader” designations and two…
Bank of Hawai‘i Elevates James C. Polk to President, Names Matthew K.M. Emerson Chief Retail Banking Officer Bank of Hawai‘i Chairman and CEO Peter S. Ho has announced the promotion of James C. Polk to President of Bank of Hawai‘i…
KBRA has assigned preliminary ratings to four classes of BX 2024-BIO2, a single-borrower CMBS securitization. The transaction is backed by a $560.0 million portion of a $760.0 million non-recourse, first lien mortgage loan. This fixed-rate loan has a five-year term…
