Travelex Unveils Comprehensive ATM Technology Overhaul with NCR Atleos
Travelex, a leading brand in foreign exchange services, has announced a significant upgrade to its global ATM network, overhauling both hardware and software for its 600 ATMs across eight countries. This initiative introduces a suite of innovative features for Travelex…
Tradeweb and Tokyo Stock Exchange Partner to Enhance Liquidity in Japanese ETFs
Tradeweb Partners with Tokyo Stock Exchange to Enhance Access to Japanese ETF Liquidity New Collaboration Aims to Streamline Japanese ETF Trading for Institutional Investors Tradeweb Markets Inc. (Nasdaq: TW), a leading global operator of electronic trading platforms across rates, credit,…
Centana Growth Partners Acquires Majority Stake in First Connect Insurance Services from Hippo
Centana Growth Partners Acquires Majority Stake in Insurtech Platform First Connect Insurance Services Centana Growth Partners, a growth equity firm focused on the financial services sector, has announced the acquisition of a majority stake in First Connect Insurance Services, an…
Corebridge Financial Sets Pricing for Secondary Offering of Common Stock by AIG
Corebridge Financial Announces Pricing of Secondary Offering of Common Stock by AIG Corebridge Financial, Inc. (NYSE: CRBG) has announced the pricing of its previously disclosed secondary offering of common stock by American International Group, Inc. (NYSE: AIG). The offering is…
CVC Credit Launches Its Tenth CLO of the Year with $500M Apidos L (50)
CVC Credit Prices $500M Apidos L (50), Marking Tenth New CLO Issuance of the Year CVC Credit, the $45 billion global credit management arm of CVC, has announced the successful pricing of Apidos L (50), a new $500 million (€460…
Sallie Mae Marks Veterans Day with $50,000 Grant to Folds of Honor
In observance of Veterans Day, The Sallie Mae Fund has announced a $50,000 grant to Folds of Honor, further cementing its long-standing commitment to supporting military servicemembers and their families. This significant donation will provide vital scholarships for the children…
MSIM Introduces New Parametric Equity Plus Strategy to $3.3 Billion ETF Platform
Morgan Stanley Investment Management (MSIM) today introduced its newest exchange-traded fund (ETF), the Parametric Equity Plus ETF (Ticker: PEPS), which focuses on a US large-cap equity strategy. Since the launch of MSIM’s inaugural ETFs in 2023, the platform has expanded…
UBS Appoints Financial Advisor Anibal Drelichman in Washington, D.C.
UBS has announced the addition of Anibal Drelichman as a Financial Advisor in its Washington, D.C. office. With a wealth of experience in the financial services industry, Anibal and his team will operate within the UBS Philadelphia D.C. Wealth Management…
AM Best Changes Outlook to Stable and Affirms Credit Ratings of Mercantil Seguros y Reaseguros, S.A.
AM Best has revised the outlook for Mercantil Seguros y Reaseguros, S.A. (Mercantil Seguros) from negative to stable and affirmed its Financial Strength Rating of B++ (Good) and Long-Term Issuer Credit Rating of “bbb” (Good). These ratings reflect the company’s…
Amerant Bancorp Inc. Finalizes Sale of Texas Operations to MidFirst Bank
Amerant Bancorp Inc. Completes Sale of Houston Banking Operations to MidFirst Bank, Refocusing on Core Florida Markets Amerant Bancorp Inc. (NYSE: AMTB), a prominent financial institution, has finalized a strategic decision to streamline its operations by selling its banking assets…
MidFirst Bank Finalizes Acquisition of Amerant Bank Branches in Houston
MidFirst Bank, recognized as the largest privately owned bank in the United States, has completed its acquisition of the Houston, Texas banking locations of Amerant Bank, N.A., a subsidiary of Amerant Bancorp Inc. (NYSE: AMTB). This strategic acquisition includes six…
AM Best Reaffirms Credit Ratings for Houston Casualty Group and Affiliates
AM Best Reaffirms Superior Credit Ratings for Houston Casualty Group and Affiliates AM Best has reaffirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa+” (Superior) for the property/casualty (P/C) members…