Murchinson Proposes Two Highly Qualified Candidates for Nano Dimension’s Board of Directors
Murchinson Ltd. (along with its affiliates and advised funds), a major shareholder holding approximately 7.1% of the outstanding shares of Nano Dimension Ltd. (NASDAQ: NNDM), has announced the nomination of two director candidates, Robert (Bob) Pons and Ofir Baharav, for…
Virtus Total Return Fund Inc. Announces Distribution Sources – Section 19(a) Notice”
Virtus Total Return Fund Inc. (NYSE: ZTR) Confirms Monthly Distribution Details and Sources Virtus Total Return Fund Inc. previously announced a monthly distribution for shareholders, detailed as follows: As part of its Managed Distribution Plan, the Fund aims to maintain…
5C Investment Partners Launches Investment Operations with $1.6 Billion in Capital
5C Investment Partners (“5C”), an alternative investment firm specializing in private credit, has announced the launch of its senior direct lending platform with $1.6 billion in available capital. This capital comprises equity commitments, target leverage, and a co-investment program, allowing…
KBRA Issues Preliminary Ratings for GS Mortgage-Backed Securities Trust 2024-INV1
KBRA has assigned preliminary ratings to 52 classes of mortgage pass-through certificates from the GS Mortgage-Backed Securities Trust 2024-INV1 (GSMBS 2024-INV1). The collateral pool, comprised entirely of prime, investment-purpose mortgage loans, includes 722 first-lien, fixed-rate residential mortgages with a total…
76% of Financial Service Companies Report Launching AI Initiatives, Finds Acrew Capital and Money20/20 Index
A new report, “ALL IN ON AI: Financial Services Adoption Index 2024,” reveals that 167 of the world’s 221 leading financial service companies have launched AI initiatives since January 2023. The report, introduced by Acrew Capital and Money20/20 at the…
Transact Campus Expands Its Reach in Canada with Mobile Credential Launch at the University of Victoria
Transact Campus, Inc., a subsidiary of Roper Technologies, is excited to announce the launch of its Mobile Credential solution at the University of Victoria, marking the inaugural implementation of this technology in British Columbia. This deployment further cements Transact’s status…
AM Best Reaffirms Credit Ratings for Manulife Financial Corporation and Its Subsidiaries
AM Best has reaffirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “aa-” (Superior) for the life/health (L/H) insurance subsidiaries of Manulife Financial Corporation (MFC) based in Toronto, Canada [NYSE: MFC].…
KBRA Issues Preliminary Ratings for Research-Driven Pagaya Motor Asset Trust 2024-3 and Pagaya Motor Trust 2024-3
KBRA has assigned preliminary ratings to five classes of notes issued by Research-Driven Pagaya Motor Asset Trust 2024-3 and Research-Driven Pagaya Motor Trust 2024-3 (collectively referred to as “RPM 2024-3”), an auto loan asset-backed securities (ABS) transaction. The initial credit…
Uptiq Launches Innovative Enterprise AI Platform Tailored for Regulated Financial Services
Uptiq, a frontrunner in AI-driven financial solutions, is excited to introduce its latest innovation, the Uptiq AI Workbench. This vertically integrated platform is designed to revolutionize how banks, credit unions, and wealth management firms deliver AI-first experiences to their clients.…
KBRA Assigns Initial Ratings to Lugo Funding DAC
KBRA Europe (KBRA) has issued preliminary ratings for Lugo Funding DAC (Lugo), a static Spanish RMBS securitization backed by restructured and primarily reperforming mortgage loans (RPL), represented through mortgage participations and mortgage transfer certificates. The provisional collateral comprises a €664.6…
Pacer ETFs Named Best US Equity ETF Issuer ($10bn-$100bn) at 2024 ETF Express US Awards
Pacer ETFs (“Pacer”), a prominent U.S. ETF issuer known for its leadership in free cash flow-based ETFs*, proudly announces its recognition as the Best US Equity ETF Issuer in the $10bn-$100bn category at the 2024 ETF Express US Awards. This…
Asia Pacific Cashback Programs Market 2024-2029: Trends in Consumer Demand for Instant Rewards & Seamless Transactions
Asia Pacific Cashback Programs Market Opportunities Databook 2024-2029″ ResearchAndMarkets.com has recently added the report, “Asia Pacific Cashback Programs Market Opportunities Databook – Q3 2024 Update,” featuring over 50 KPIs on cashback market size across various segments. Key Highlights The Asia…