Lyceus Group Nominated for PR Campaign of the Year at the 2024 Mutual Fund & ETF Awards
Lyceus Group, a leading boutique public relations firm specializing in financial and professional services communications, is delighted to announce its selection as a finalist for the prestigious “PR Campaign of the Year” award at the upcoming With Intelligence 2024 Mutual…
Growth and EBITDA margin up. Plus, a €500M share buyback program launched
In Q1 2024, turnover reached €781.6 million, marking a 6.0% year-on-year increase. EBITDA for the same period was €361.7 million, up 8.6% year-on-year, resulting in an EBITDA margin increase of approximately +112 basis points. Forecasts for 2024 remain confirmed. Additionally,…
AM Best Under Review: North End Re (Cayman) SPC Credit Ratings with Developing Implications
AM Best has initiated a review with developing implications for the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of North End Re (Cayman) SPC (NERC) based in the Cayman Islands. The recent…
Chesterbrook Community Foundation Receives $25,000 Donation from Cambridge Savings Bank to Support Local Youth Empowerment
Cambridge Savings Bank (CSB), a customer-centric full-service mutual bank boasting nearly $7 billion in assets, has announced a $25,000 donation to the Chesterbrook Community Foundation. The donation aims to support the renovation of the Chesterbrook Community Center, nestled within the…
Nick Stonestreet Appointed President of Financial Services at DLP Capital
DLP Capital, a renowned private real estate investment and financial services firm, has announced the appointment of Nick Stonestreet as its new President of Financial Services. With an extensive background spanning over 30 years in the financial services industry, Stonestreet…
Steven Wrappe of Grant Thornton Honored with Bloomberg Tax Author Award
Steven Wrappe, the managing director and transfer pricing technical leader at Grant Thornton’s Washington National Tax office, has been honored with the Federal Tax Contributing Author of the Year award as part of the Bloomberg Tax Author Awards. This recognition…
Wealth Stewards Partners with Concurrent
Concurrent Investment Advisors, LLC (“Concurrent”), a hybrid RIA with multiple custodians, is pleased to welcome The Wealth Stewards to its network of independent financial advisory firms. Managing partners Jeff Breese and Brent Mekosh merged their respective Arizona-based practices to join…
Expanding Financial Wellness: EarnUp Empowers Lenders & Servicers with Text-to-Pay Capabilities
EarnUp, Inc., a fintech company specializing in financial wellness, has unveiled a new feature allowing lenders and servicers to integrate text-to-pay functionality via debit card into its platform. This advancement responds to the increasing demand for convenient mortgage payment options…
Experian’s Latest Tool Enhances Financial Inclusion with Open Banking Insights
Experian® has unveiled Cashflow Attributes™, a revolutionary solution designed to broaden access to fair and affordable credit, especially for consumers with thin credit files or no credit history. With an extensive array of over 900 income, cash flow, and affordability…
Lazard Appoints Michele Colocci as Vice Chairman and Managing Director of Healthcare Investment Banking
Lazard, Inc. (NYSE: LAZ) has announced that Michele Colocci will join the firm on June 3, 2024, as Vice Chairman of Investment Banking and Managing Director of Healthcare. Based in London, Mr. Colocci’s appointment marks an acceleration in the growth…
Eagle Point Credit Company Inc. Initiates 7.00% Convertible and Perpetual Preferred Stock Offering
Eagle Point Credit Company Inc. (NYSE: ECC) has announced the launch of a continuous public offering for up to 4,000,000 shares of its 7.00% Series AA Convertible and Perpetual Preferred Stock and 7.00% Series AB Convertible and Perpetual Preferred Stock…
AG Mortgage Investment Trust, Inc. Sets Pricing for Senior Notes Public Offering
AG Mortgage Investment Trust, Inc. (NYSE: MITT) disclosed today the pricing of its underwritten public offering of $65 million aggregate principal amount of senior notes due 2029 (the “Notes”). The offering is anticipated to close on May 15, 2024, pending…