Finance News Releases

  • Today May 15
November 15, 2016 12:30
Point72 Doubles Office Space in Singapore’s OUE Bayfront; Affirms Commitment to Hiring Region’s Top Talent
Point72 Asset Management moved into a new office space in Singapore’s OUE Bayfront in Marina Bay on Monday. The 8,880 square foot space can seat up to 60 employees, doubling the capacity of the Firm’s
November 11, 2016 14:00
Citi Launches Global API Developer Hub to Enable Open Banking
Today, Citi announced the launch of a new global API Developer Hub (developer.citi.com) to rapidly connect with developers and enable them to build innovative client solutions faster than ever before.
November 04, 2016 13:30
Reinvented KYC Infrastructure for Fund Distribution to Cut Costs by up to 70%
KYC, a process of verifying the identity of investors, is mandatory in the financial sector and costs an estimated EUR 180 million annually only for the Luxembourg fund industry[1]. However, if the pr
November 02, 2016 14:40
Elliott to Acquire a Controlling Interest in Aeolus
Aeolus Capital Management Ltd. (“Aeolus” or “ACM”) today announced that it has reached an agreement in principle pursuant to which Elliott Management Corporation (“Elliott”), through an affiliate, wil
October 24, 2016 11:50
UniCredit Bank Austria, Raiffeisen Bank International and UniCredit Bulbank Granted an Expanded € 112.9 Million Senior Facility to Business Park Sofia
UniCredit Bank Austria AG and UniCredit Bulbank AD increased and amended its current senior facility with Business Park Sofia (BPS), the largest office park in Central and Eastern Europe, in order to
October 21, 2016 12:50
Saray Capital: Focused and Disciplined Value Investors from the Lands of Arabia
The following is a statement from Saray Capital Approaching the last quarter of 2016 - we are faced with two general market conditions in our two geographical focus areas - the Middle East North Af
October 18, 2016 13:50
Bank of America Reports Third-Quarter 2016 Financial Results
Bank of America today reported its third-quarter 2016 financial results. The news release, supplemental filing and investor presentation can be accessed in the following ways: · Bank of America new
October 13, 2016 14:15
BAI Announces Winners of 2016 Global Banking Innovation Awards
The winners for the 2016 BAI Global Banking Innovation Awards were announced at BAI Beacon in Chicago. Showcasing top innovators within the financial services industry, the recipients were chosen out
October 11, 2016 15:50
QNB Group, Financial Results for the Nine Months Ended 30 September 2016
QNB Group, the largest bank in the Middle East and Africa (MEA) region, announced its results for the nine months ended 30 September 2016. For the nine months ended 30 September 2016, Net Profit re
October 11, 2016 10:30
Point72 Asset Management Recruits Internationally for 2017 Academy Program
Point72 Asset Management (Point72), the family office managing the assets of investor and philanthropist Steve Cohen, is expanding its groundbreaking Point72 Academy Program to recruit students intern
October 06, 2016 18:40
UAE Exchange Associates With the Asian Football Confederation as Official Sponsor
The leading global remittance, foreign exchange and payment solutions brand, UAE Exchange recently announced that it has signed up with the Asian Football Confederation (AFC) as an official sponsor of
October 06, 2016 17:20
Janus Capital Group Inc. and Henderson Group plc Announce Recommended Merger of Equals
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. THIS ANNOUNC
September 29, 2016 10:00
Moody’s Analytics Tops 2016 Asia Risk Technology Rankings in Three Categories
Moody’s Analytics has again topped Asia Risk Magazine’s 2016 Technology Rankings. The company was named the leader in three categories: Regulatory Capital Calculation and Management, Economic Capital
September 21, 2016 20:55
The Rohatyn Group Opens Office in Seoul Korea
The Rohatyn Group (“TRG”), a leading emerging markets asset management firm, today announced that it has opened a new office in Seoul, Korea, the firm’s 15th office worldwide. The office will be dedic
September 21, 2016 19:55
Lombard International Introduces Transatlantic Solutions Team
Lombard International, a global leader in wealth-structuring solutions for the high net worth market, today announced the creation of a Transatlantic Solutions Team. The team is comprised of seasoned
September 21, 2016 15:15
Wells Fargo Announces Sale of its Fund Administration Business
Wells Fargo Securities, the investment banking and capital markets business of Wells Fargo & Company (NYSE: WFC), announced today that SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), a global provide
September 20, 2016 11:25
TA Associates Announces Significant Investment in Radixx International
TA Associates, a leading global growth private equity firm, today announced it has completed a significant investment in Radixx International, Inc., an industry-leading provider of travel distribution
September 09, 2016 16:00
SARES·REGIS Raises $300 Million for Value-Add Multifamily Fund Focused on the Western United States
On August 19, 2016, the Sares-Regis Multifamily Value-Add Fund II (the “Fund”) held a final close, having raised over $300 million in total equity commitments. Utilizing leverage, the Fund will seek t
September 08, 2016 17:30
Equity International Closes First Asian-Focused Fund
Equity International (EI), Sam Zell's investment firm focused on emerging markets, announced today the closing of ZEI Co-Invest 1 Fund, L.P. (ZEI Asia Fund), with $205 million of commitments. The ZEI
August 30, 2016 17:00
International General Insurance Holdings Limited Earnings Rise to US$ 19.8 Million for H1 2016
International General Insurance Holdings Limited today reported earnings for the first half of 2016. Overall, the Group announced gross written premiums of $126.8 million for the period ended 30 Ju
August 25, 2016 11:50
MENA’s Largest FDI Forum to Be Held in UAE’s Sharjah in September
Sharjah FDI: The Gateway to the Middle East, North Africa and South Asia is the title of the second Sharjah FDI Forum, MENA’s largest global foreign direct investment (FDI) event that takes place on S
August 17, 2016 10:00
Thomson Reuters Sees Successful Upswing in Eikon Messenger Clients in South Korea
Thomson Reuters has seen a surge in financial services clients joining Thomson Reuters signature messaging platform, Eikon Messenger, in South Korea. Following the announcement that Yahoo will begin s
August 11, 2016 12:10
A.M. Best Affirms Rating of Starr Insurance & Reinsurance Limited Headquartered in London, England
Starr Companies announced today that A.M. Best has affirmed the A rating with a stable outlook for Starr International (Europe) Limited, which, along with Starr Underwriting Agents Limited, is a subsi
August 08, 2016 13:15
StepStone Infrastructure and Real Assets Group Completes Integration
StepStone Group LP(‘StepStone’ or the ‘Firm’), a leading global private markets asset management and advisory firm, today announced that the expanded StepStone Infrastructure and Real Assets Group (‘S
August 02, 2016 14:05
Partners Group and Spear Street Capital LLC Form Joint Venture to Acquire Approximately 2.2 Million Square Feet of Class A U.S. Office Properties
Funds managed and/or advised by Partners Group AG or its affiliates (“Partners Group”) formed a joint venture with affiliates of Spear Street Capital LLC (“Spear Street”) to acquire approximately 2.2
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