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…
The Church Pension Group (CPG), a financial services organization serving The Episcopal Church, announced the release of its Report to the 81st General Convention (cpg.org/R2GC). The report emphasizes two crucial connections between CPG and the General Convention: the election of…
The Wells Fargo Foundation has announced a $500,000 grant to Neighborhood Housing Services of Chicago, Inc. (NHS) to support its Chicago Flats Initiative. This initiative aims to preserve and rehabilitate two- and four-flat buildings, maintain rental affordability, and help homeowners…
XTM Inc is providing an update regarding its previously announced management cease trade order (the “MCTO”) granted by the Ontario Securities Commission (the “OSC”) under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203”). Under the MCTO, the Corporation’s…
Commonwealth Bank (CBA) today announced its leadership in a $190 million syndicated structured asset-backed lending facility for Team Global Express (TGE). This initiative aims to meet increasing consumer demands for environmentally friendly logistics solutions amid a surge in national delivery…
