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…
SmartMetric Sees Growing Market for Biometric Credit Cards SmartMetric, Inc. (OTC: SMME), targeting the expansive U.S. credit card market of 518 million issued cards, anticipates robust demand for biometric-enhanced cards based on recent consumer insights. “We foresee significant growth ahead…
First Northern Community Bancorp (OTCQX: FNRN), the holding company for First Northern Bank, recently announced the election of Sean Quinn to a three-year term as Chairman and Rick Martinez to a one-year term as Vice Chairman at the 2024 Organization…
Wedbush Securities, a prominent diversified independent financial services provider, has announced the appointment of Joel Funderburk as Senior Vice President, Market Manager. In his new role, Funderburk will lead Wedbush’s efforts to expand into new markets across the Southeast region,…
Award-winning online trading broker, AvaTrade, has launched AvaFutures, a groundbreaking futures trading platform designed to transform the retail futures trading space. “As the retail investment market continues to expand, we are pleased AvaTrade clients will now have access to our…
