Guaranty Bancshares, Inc. Announces Q2 2024 Financial Results
Guaranty Bancshares, Inc. (NYSE: GNTY) (“Company”), the parent company of Guaranty Bank & Trust, N.A. (“Bank”), today announced financial results for the fiscal quarter ending June 30, 2024. The Company reported net income available to common shareholders of $7.4 million,…
Caro Investors Unveils Firm Launch and Strategic Alliance with TPG
Caro Investors Management, LLC (“Caro Investors” or “Caro”), a newly established investment management firm founded by Careina Williams, today announced its official launch and a strategic partnership with TPG, a global alternative asset management company. TPG NEXT will act as…
BNP Paribas and Ant International Promote Cross-Border Payments and Tokenized Deposits
BNP Paribas, Europe’s leading bank, and Ant International, a digital payment and financial technology leader, have entered a strategic partnership to enhance cross-border payment solutions for merchants and consumers in Europe. On July 3, 2024, in Zurich, Douglas Feagin, President…
AM Best Maintains Negative Outlook for Topa Insurance and Dorchester Insurance Ratings
AM Best has continued its under review with negative implications status for the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings of “bbb+” (Good) for Topa Insurance Company and Dorchester Insurance Company, Ltd., both subsidiaries of…
Calvert Impact Launches National Program to Fund Small Businesses
Calvert Impact unveiled Access by Calvert Impact, a nationwide initiative aimed at bolstering small businesses, supported by a $140 million warehouse credit facility from Goldman Sachs’ Urban Investment Group (UIG). Access leverages the State Small Business Credit Initiative (SSBCI) alongside…
AtlasClear Holdings Introduces New Online Account Application with Pacsquare
AtlasClear Holdings, Inc. (“AtlasClear Holdings”) (NYSE American: ATCH) has announced the launch of a new online account application in collaboration with Pacsquare Technologies LLC (“Pacsquare”). This next-generation application aims to streamline the onboarding process for clients in the U.S. market.…
America First Credit Union Teams Up with Loquat Inc. for Small Business Accounts
America First Credit Union has chosen Loquat Inc. to improve the onboarding experience for small business members. This partnership aims to provide small business owners with efficient mobile solutions, simplifying operations and ensuring greater control over their finances. Karey Thomas,…
1GLOBAL and Verint Launch Enhanced Mobile Compliance Solution for Financial Institutions
1GLOBAL, a leading Mobile Virtual Network Operator (MVNO), has announced a strategic partnership with Verint to transform compliance in the financial services and trading sector. This collaboration will upgrade 1GLOBAL’s mobile compliance recording solutions for financial institutions worldwide, providing a…
Assured Guaranty’s Financial Strength Unchanged Post-Merger: S&P, KBRA, Moody’s
Assured Guaranty Ltd. (NYSE: AGO) announced that S&P Global Ratings, Kroll Bond Rating Agency (KBRA), and Moody’s Ratings have confirmed that they see no change to Assured Guaranty’s financial strength following the expected merger of Assured Guaranty Municipal Corp. (AGM)…
Deutsche Bank Elevates Electronic FX Trading with Two Awards
Deutsche Bank has won the titles of Best Liquidity Provider for Non-Deliverable Forwards (NDFs) and Best Algo Provider at the e-FX awards hosted by FX Markets. These awards acknowledge the skill, dedication, and creativity that market participants invest in the…
BNP Paribas and Mistral AI Partner on All AI Models
BNP Paribas and Mistral AI have signed a multi-year partnership to provide access to Mistral AI’s current and future commercial models across all BNP Paribas business lines. This partnership builds on an initial collaboration that began in September 2023 with…
RBC Revamps Executive Leadership and Business Segments
Royal Bank of Canada (TSX: RY) and (NYSE: RY) announced several key executive appointments to accelerate growth and enhance client focus following the acquisition of HSBC Bank Canada. Effective September 1, 2024, these changes aim to leverage RBC’s scale, expedite…