Finance News Releases

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

July 29, 2016 13:15

Finalists Announced for BAI’s Global Banking Innovation Awards

Finalists for the 2016 BAI Global Banking Innovation Awards have been announced - showcasing this year’s top innovators within the financial services industry worldwide. The 15 finalists selected repr

July 27, 2016 23:30

IBKR Announces the Latest Advances to Its Trader Workstation Trading Platform

Interactive Brokers Group, Inc. (NASDAQ:IBKR) has released its July IB Communiqué to inform clients worldwide about the latest enhancements to their trading platform, products and services. Trader

July 19, 2016 14:30

Bank of America Reports Second-Quarter 2016 Financial Results

Bank of America today reported its second-quarter 2016 financial results. The news release, supplemental filing and investor presentation can be accessed in the following ways: · Bank of America ne

July 19, 2016 13:40

A.M. Best Affirms Ratings of International General Insurance Holdings Limited and Its Subsidiaries

Insurance and reinsurance rating agency A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating (ICR) “A-” of International General Insurance Company Limite

July 19, 2016 09:00

Moody’s Acquires Full Ownership of Korea Investors Service (KIS)

Moody’s Corporation (NYSE:MCO) announced today that it has acquired full ownership of Korea Investors Service (KIS), a leading provider of domestic credit ratings in Korea. Founded in 1985, KIS ser

July 14, 2016 16:00

FlexTrade Wins Best Trading Technology Vendor Award for FX

FlexTrade Systems (@FlexTrade), a global leader in multi-asset execution and order management systems, today announced it has been named “Best Trading Technology Vendor” in the foreign exchange market

July 13, 2016 13:10

QNB Group: Financial Results for the Six Months Ended 30 June 2016

QNB Group, the leading bank in the Middle East and Africa (MEA) region, announced its results for the six months ended 30 June 2016. For the first half of 2016, Net Profit reached QAR6.2 billion, (

July 11, 2016 17:00

MultiBank Exchange Group Press Release

Mr. Naser Taher, the Chairman of IKON MultiBank Group, announced today the restructuring of the Group under a new trademark name of “MultiBank Exchange Group” (“MEX Group”), with a new holding company

July 07, 2016 10:40

Starr Companies’ Assist Card Smalline S.A. Signs Letter of Intent with Asistur S.A., a Cuban Domiciled Company

Starr Companies announced today that Assist Card Smalline S.A. “Assist Card,” a wholly owned subsidiary, signed a Letter of Intent with Asistur S.A. “Asistur,” domiciled in Cuba, to provide travel ass

July 05, 2016 13:45

S&P Reaffirms Its ‘A-’ Financial Strength and Counterparty Credit Ratings for IGI Bermuda and ‘A-’ Financial Strength Rating for IGI UK

Standard & Poor’s Ratings Services (S&P) reaffirmed the “A-” insurer financial strength and counterparty credit ratings on International General Insurance Company Ltd (IGI)’s Bermuda and “A-” insurer

July 05, 2016 09:30

FlexTrade Opens Representative Office in Sydney

FlexTrade Systems (@FlexTrade), a global leader in multi-asset execution management systems, is pleased to announce that it has opened a representative office in Sydney, Australia. With the propose

July 01, 2016 15:00

Wells Fargo Completes Acquisition of GE Capital’s Commercial Distribution Finance Business in Asia

Wells Fargo & Company (NYSE:WFC) announced today it has completed the purchase of the Asia segment of GE Capital’s Commercial Distribution Finance (CDF) business. The acquisition includes CDF assets a

June 30, 2016 22:00

Beechwood Bermuda Renames Old Mutual Bermuda as Beechwood OMNIA & Expands Offerings for Guaranteed Investment Plans

Beechwood Bermuda, which through its affiliates is one of the largest providers of international investment plans with more than $1 billion in assets, announces the renaming of Old Mutual (Bermuda) to

June 29, 2016 13:50

Lightspeed China Partners Closes Oversubscribed USD Fund III at $260 Million and Launches RMB Fund

Lightspeed China Partners (LCP) announced today that it has completed the final closing of Lightspeed China Partners III, L.P. with total committed capital of $260 million USD. Fund III was oversubscr

June 16, 2016 14:45

QNB Group: 27,300 Employees Operating at 1,200 Branches in 30 Countries; Following QNB’s Acquisition of Turkey’s Finansbank

QNB Group, a leading financial institution in the Middle East and Africa, announced today, that it has completed the acquisition of 99.81% stake in Finansbank A.Ş. in Turkey. This transaction is a

June 15, 2016 17:40

Results of MSCI 2016 Market Classification Review

MSCI Inc. (NYSE: MSCI), a leading provider of global equity indexes, announced today that it will delay including China A shares in the MSCI Emerging Markets Index. Over recent months, Chinese authori

June 10, 2016 17:00

Umpqua Holdings Announces International Innovation Collaboration with United Kingdom’s Nationwide Building Society

Umpqua Holdings Corporation today announced a new collaboration project between its subsidiary, Pivotus Ventures, and the UK’s Nationwide Building Society. The arrangement with Nationwide, the world’s

June 08, 2016 15:15

MSCI to Announce 2016 Market Classification Review

MSCI Inc. (NYSE:MSCI) will be releasing the results of its Annual Market Classification Review on June 14, 2016. The announcement will be posted shortly after 5:00 pm Eastern Daylight Time/11:00 pm Ce

May 26, 2016 13:45

IBKR Introduces the Latest Advances to Its Award Winning Trading Platform

Interactive Brokers Group, Inc. (NASDAQ:IBKR) has released its May IB Communiqué to inform clients worldwide about the latest enhancements to its Trader Workstation platform (TWS). Adaptive Algo Or

May 26, 2016 11:40

Taiyo Pacific Partners Becomes Major Shareholder in HITACHI MAXELL (6810) with Stake Over 5%

Taiyo Pacific Partners announced today that it has accumulated in excess of 5% in HITACHI MAXELL, LTD. (6810) to become the 2nd largest shareholder. Hitachi Maxell (the “Company” or “Maxell”) is a glo

May 12, 2016 16:00

StepStone Acquires Swiss Capital: Launches StepStone Private Debt and StepStone Hedge Funds

StepStone Group LP (“StepStone”), a leading global private markets advisory and asset management firm, today announced it will acquire Swiss Capital Alternative Investments AG (“Swiss Capital”), one o

May 12, 2016 16:00

StepStone Significantly Bolsters Global Infrastructure and Real Assets Team

StepStone Group LP (“StepStone”), a leading global private markets advisory and asset management firm, today announced that it has reached an agreement to add an established team of infrastructure inv

May 10, 2016 23:00

Madison Realty Capital Debt Fund III LP Closes with $695 Million Committed, Substantially Exceeding Initial Target

Madison Realty Capital (MRC), a vertically-integrated real estate private equity firm focused on real estate equity and debt investments in the U.S. middle markets, announced the final closing of Madi

May 10, 2016 17:15

Pembroke Resources Acquires Metallurgical Coal Assets in the Bowen Basin

Pembroke Resources, an Australian-based company backed by leading resources and energy-focused global private equity firm Denham Capital, announced today that it has acquired from various Australian s

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