MFS Announces Income Distribution Sources for Select Closed-End Funds
MFS Investment Management® (MFS®) has announced the income distribution sources for five of its closed-end funds for June 2024: MFS® Charter Income Trust (NYSE: MCR), MFS® Government Markets Income Trust (NYSE: MGF), MFS® Intermediate High-Income Fund (NYSE: CIF), MFS® Intermediate…
Joel Funderburk Appointed Senior Vice President and Southeast Market Manager at Wedbush Securities
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,…
Generational Group Awarded Investment Banking Firm of the Year
Generational Group, a leading full-service business advisory firm for middle-market, privately held businesses, is pleased to announce that it has won several honors at the 2024 6th Annual USA Middle Market M&A Atlas Awards. “This was the strongest field of…
BDO USA Appoints Natalie Kotlyar as New Board Chair, Welcomes New and Re-elected Board Members
BDO USA, one of the nation’s leading accounting and advisory firms, today announced the election of Natalie Kotlyar to her first term as chair of the Board of Directors. Kotlyar, who has been a board member since November 2020, was…
2024 South Africa Prepaid Card and Digital Wallet Business Databook
The “South Africa Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend – Q1 2024 Update” report has been added to ResearchAndMarkets.com’s offering. Report Highlights According to the…
AM Best Reaffirms Credit Ratings for The Hanover Insurance Group, Inc. and Its Subsidiaries
AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) for the property/casualty subsidiaries of The Hanover Insurance Group, Inc. [NYSE: THG], collectively known as The Hanover.…
Quarter Addresses Home Affordability
Quarter Inc., the nation’s first technology platform that finances home purchases using fractional equity instead of debt, is launching the Quarter Launch Fund to expand operations, including financing approximately 300 additional homes. “The Quarter Launch Fund is particularly appealing to…
AM Best Maintains Credit Ratings for ERIKA Försäkringsaktiebolag
AM Best Reaffirms ERIKA Försäkringsaktiebolag’s Credit Ratings with Stable Outlook AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) for ERIKA Försäkringsaktiebolag (publ) (Erika), based in Sweden. The stable…
PeoplesBank and Cornerstone Bank Announce Holding Company Merger
PeoplesBank and Cornerstone Bank have unanimously agreed to merge their holding companies, a decision announced following a vote by both boards. While PeoplesBancorp, MHC and SSB Community Bancorp MHC will unite their holding companies, both banks will retain their individual…
Dwight Capital and Dwight Mortgage Trust Secure $357.4 Million in Financing for May 2024
Dwight Capital and its affiliated REIT, Dwight Mortgage Trust (DMT), successfully closed $357.4 million in real estate financing deals. Key transactions included a bridge loan for a portfolio of ten skilled nursing facilities, a bridge refinance for Elements at Saratoga…
Crescent Capital Group Introduces New Senior Leadership Adjustments
Crescent Capital Group LP Announces New Senior Leadership Team” Crescent Capital Group LP, a prominent alternative credit investment firm, has announced significant leadership changes effective immediately: Christopher Wright, Managing Director and former Head of Private Credit, has been appointed President…
FIS CEO Stephanie Ferris Honored as One of American Banker’s Most Influential Women in Fintech 2024
FIS® (NYSE: FIS), a global leader in financial technology, announced today that its CEO and President Stephanie Ferris has been named an honoree in American Banker’s Most Influential Women in Fintech 2024. Ferris is the only CEO of a publicly…