Finance News Releases

  • Today September 14
June 17, 2022 13:40
EIG and Aramco Sign MoU to Extend Energy Collaboration
EIG, a leading institutional investor to the global energy and infrastructure sectors, today announced it has signed a memorandum of understanding (“MoU”) with Aramco to collaborate on future energy p
June 16, 2022 14:10
MSCI Launches Next Generation of Equity Factor Models
MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, today announces the launch of the next generation of MSCI Equity Factor
June 14, 2022 14:00
Walton Global and Rockpoint Announce a $300M Joint Venture to Develop Build-to-Rent Communities
Walton Global, a real estate investment and land asset management company with US$3.6 billion under management, announced today a joint venture with Rockpoint, a real estate private equity firm based
June 13, 2022 13:15
DC Secretary Announces Annual Determinations Committees Outcome
DC Administration Services, Inc. has today announced the composition of five regional Determinations Committees (DCs), effective from June 10, 2022. Voting Dealers (for all regions): Bank of Ameri
June 13, 2022 10:10
Experian Outlines Its ESG Commitments Publishing New Global Reports Focused on Financial Inclusion, Diversity and Performance With Purpose
Experian, the global information services company, has today published two global reports reflecting its commitment to creating a better tomorrow for people and organisations around the world. With
June 10, 2022 16:20
Global Atlantic Announces Second Reinsurance Deal in Asia
Global Atlantic Financial Group (“Global Atlantic”), a leading financial services company, today announced its second reinsurance transaction in Asia, signing an asset-intensive flow reinsurance trans
June 10, 2022 16:10
Citi Global Wealth Investments Issues Mid-Year Outlook 2022: Investing in the Afterglow of a Boom
Citi Global Wealth Investments today released its Mid-Year Outlook 2022 report: Investing in the afterglow of a boom. This biannual report sets out Citi’s outlook on rapid developments in the global e
June 09, 2022 10:40
Orchard Global Asset Management announces Danny Jeon has joined the firm as Executive Director, Head of Client Solutions—Korea
Orchard Global Asset Management announced Danny Jeon has joined the firm as Executive Director, Head of Client Solutions—Korea and head of the firm’s newly opened liaison office in Seoul, South Korea.
June 08, 2022 11:40
Asia’s Largest Web3 Event TOKEN2049 Singapore Announces Title Sponsors
TOKEN2049, Asia’s premier crypto conference, has announced a number of high profile Title Sponsors for its much-anticipated Singapore debut. Taking place from 28-29 September 2022, this year’s event m
June 08, 2022 11:30
Interblock Announces Strategic Acquisition by Oaktree
INTERBLOCK d.d. (“Interblock” or the “Company”), the leading developer and supplier of luxury fully and semi-automated electronic table games (“ETG”) globally, announced today that it has been acquire
June 08, 2022 11:10
Ares Management Corporation Launches Dedicated Wealth Management Solutions in Asia
Ares Management Corporation (“Ares”) announced today that Henry Lee has joined Ares Wealth Management Solutions (“AWMS”) to lead its Asia efforts as part of the Firm’s commitment to build out dedicate
June 07, 2022 15:45
KoreFusion Capital Serves As Exclusive Financial And Strategic Advisor To Choice Financial Group In Their Investment In ModusBox
KoreFusion Capital, the fintech and payments investment banking boutique and sister company to KoreFusion, the leading global fintech and payments consultancy, acted as exclusive strategic and financi
June 07, 2022 13:55
Akur8 and MS&AD Insurance Group Announce Strategic Partnership
Akur8 and MS&AD Insurance Group are pleased to announce their new partnership to foster further innovation. With this deal, Akur8 continues to expand in Asia and beyond, hand-in-hand with a leading gl
June 07, 2022 11:10
The CEO of Tecnotree Corporation, Padma Ravichander, acquires 15 million shares from Fitzroy Investments Limited
Padma Ravichander, the CEO of Tecnotree Corporation (“Tecnotree”) has today entered an agreement, wherein Fitzroy Investments Limited (“Fitzroy”) will sell 15 million shares of Tecnotree to Padma Ravi
June 03, 2022 13:30
Walton Global Announces $100 Million Builder Land Financing with Fortress Investment Group
Walton Global, a real estate investment and land asset management company with US$3.6 billion under management, is pleased to announce the closing of a $100 million facility provided by affiliates of
June 02, 2022 13:45
Interactive Brokers Introduces Fractional Shares Trading in European Stocks and ETFs
Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, today announced the launch of fractional shares trading for European stocks and ETFs. Clients of Interactive Brokers can now
May 31, 2022 11:40
Consortium Led by Todd Boehly and Clearlake Capital Completes Acquisition of Chelsea Football Club
The consortium led by Todd Boehly, chairman and CEO of Eldridge, and Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced completion of the ownership transfer of
May 31, 2022 10:00
AXA Tianping Partners with Akur8 to Strengthen Pricing Process
AXA Tianping Property & Casualty Insurance Co., Ltd. (“AXA Tianping”), one of China’s largest and most diversified P&C insurers, and Akur8, an AI-driven insurance pricing technology company, are delig
May 26, 2022 13:30
Frazier Life Sciences Adds Highly Experienced Biopharmaceutical Executive to Team
Frazier Life Sciences announced the addition of Tao Fu as a Venture Partner. He has over 25 years of business development, general management, operations, strategy, and commercial leadership experienc
May 24, 2022 17:15
Akur8 Announces Silver Sponsorship of InsureTech Connect Asia 2022
Akur8, the next generation insurance pricing solution powered by transparent AI, is excited to announce its Silver sponsorship of InsureTech Connect Asia (ITC) 2022, the region’s largest gathering of
May 20, 2022 11:15
AGIC Capital Acquires a Majority Stake in Grafotronic
AGIC Capital, the European-Asian private equity fund focused on investments in high quality industrial and medical companies today announced the acquisition of a majority stake in Grafotronic AB and i
May 19, 2022 15:00
Guidewire Elysian Release Accelerates Insurers’ Speed to Market with Integration Gateway, Guidewire GO, and Embedded Travel Insurance Solution
Guidewire (NYSE: GWRE) today announced Elysian, the latest in a series of market-defining cloud releases. Elysian innovations equip insurers to quickly connect third-party apps, including insurtech so
May 19, 2022 10:35
Anterra Capital: Pandemic and Food Price Inflation Fuel Investor Interest to Accelerate Transformation of the Food and Ag Sector
A crushing pandemic and, more recently, the Ukraine war have convinced investors more than ever that the world needs to radically change how it produces, distributes and consumes food, says Adam Ander
May 18, 2022 17:40
Singapore’s Temasek Leads $160m Series D Funding Round in Thought Machine, the Uk-headquartered Company Putting the World’s Banks Into the Cloud
Thought Machine, the cloud native banking technology company, today announces it has closed its series D funding round, led by Temasek, the global investment company headquartered in Singapore, with p
Banks Shift to Eco-friendly Solutions Supported by Innovative Thales Cards, Certified Sustainable by Mastercard
May 18, 2022 17:30
Banks Shift to Eco-friendly Solutions Supported by Innovative Thales Cards, Certified Sustainable by Mastercard
The amount of plastic used to produce payment cards every year is equivalent to the weight of 125 Statues of Liberty[1]. With environmental challenges now a growing, global concern, Thales, the leader
May 18, 2022 17:20
Starr Insurance Companies Expands in Thailand
Starr Insurance Companies (Starr) announced an agreement with FPG Insurance Holdings Limited (HK) (FPG) and local Thai shareholders to purchase FPG Insurance Public Company Limited (FPG Thailand), a T
May 18, 2022 15:30
RMS Launches New Cloud-Based Application UnderwriteIQ
RMS®, a Moody’s Analytics company and world-leading risk modeling and solutions company, announces it will be launching a new application, UnderwriteIQ™, hosted on the cloud-based RMS Intelligent Risk
May 13, 2022 10:40
doola Launches Banking Product for Global Businesses, Allowing Founders Worldwide to Launch an LLC, DAO LLC, or C Corp and Remotely Open a US Bank Account, All In One Go
doola announced today that they have launched a banking product for global businesses that will allow founders to open a US bank account, remotely, from any continent, with no US Social Security Numbe
May 11, 2022 16:00
Indonesia Stock Exchange (IDX) Speeds Up Market Data Delivery to Their Clients Using Denodo Platform
Denodo, the leader in data integration and management, today announced that the Indonesia Stock Exchange (IDX) has chosen the Denodo Platform as a strategic component of their modern data management a
May 11, 2022 11:00
Alter Domus Launches Industry-Leading ESG Reporting Solution for Alternative Investment Managers
Alter Domus, a leading provider of integrated solutions for the alternative investment industry, today announced it has launched an industry-leading Environmental, Social & Governance (ESG) reporting
May 10, 2022 11:40
HCL Technologies to Acquire Digital Banking and Wealth Management Specialist Confinale
HCL Technologies UK Limited, a wholly owned subsidiary of HCL Technologies (HCL), a leading global technology company, has signed a definitive agreement for the acquisition of Confinale AG, a Switzerl
May 10, 2022 10:30
TA Associates Announces Strategic Growth Investment in Zifo RnD Solutions
TA Associates (“TA”), a leading global growth private equity firm, today announced that the firm has completed a strategic growth investment in Zifo RnD Solutions (“Zifo”), a leading provider of scien
May 04, 2022 17:20
Colleen Denzler, CFA, Joins Loomis Sayles as New Head of ESG
Loomis, Sayles & Company announced today that Colleen Denzler, CFA, has been named the firm’s head of ESG (environmental, social and governance). Colleen, who is based in Boston, will report to David
May 04, 2022 16:10
GoCardless Welcomes Paul Stoddart as President
GoCardless, a leader in direct bank payment solutions, today announced the appointment of Paul Stoddart as President. Stoddart joins from Mastercard where he was President of its New Payment Platforms
May 04, 2022 14:40
FTX Digital Markets Partners with Solidus Labs for Trade Surveillance and Transaction Monitoring Services
FTX Digital Markets (“FTX”), the Bahamian subsidiary of FTX Trading Ltd., today announced that it has partnered with Solidus Labs, a category-definer for crypto risk monitoring, to provide market surv
April 29, 2022 16:34
Following Over-Issuance of Securities Under Barclays Bank PLC US Shelf, and Subsequent Planned Amendments to Form 20-F Filings, Barclays Suspends Market Making Activities in its Own Debt Securities
As detailed in its Q1 2022 results announcement, Barclays determined that it had issued securities in excess of the amount registered under the Barclays Bank PLC (BBPLC) US shelf registration statemen
April 29, 2022 13:50
Molpus Woodlands Group Publishes 2021 Annual Sustainability Report
The Molpus Woodlands Group, LLC published its first annual sustainability report today. This report signals our commitment to becoming a signatory to the United Nations Principles for Responsible Inve
Personetics Launches Sustainability Insights, a Next-Generation Solution for Banks to Help Customers Reduce Their Carbon Footprint
April 27, 2022 17:10
Personetics Launches Sustainability Insights, a Next-Generation Solution for Banks to Help Customers Reduce Their Carbon Footprint
Personetics, the leading global provider of financial data-driven personalization, customer engagement, and advanced money management capabilities for financial institutions, today announces the launc
April 27, 2022 16:30
Vishal Gupta Joins TA Associates as Director in Mumbai
TA Associates, a leading global growth private equity firm, today announced the recent hiring of Vishal Gupta as a Director in its Mumbai office. “We are pleased to expand TA’s investment team in M
April 27, 2022 11:20
CapVest Acquires Second Nature Brands, the US Based Creator of Premium Snacks and Treats
Funds managed by CapVest Partners LLP (“CapVest”), a leading international private equity investor, have closed the acquisition of Second Nature Brands (“the Company”), a Michigan-based creator of pre
April 22, 2022 11:55
Interactive Brokers Appoints Jill Bright to its Board of Directors
Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, today announced the appointment of Jill Bright as an independent director of the firm effective immediately. With over 30
April 22, 2022 11:20
Standard & Poor's Assigns Tawuniya an “A-” Rating; Outlook “Stable”
Standard & Poor's Global Rating Agency has assigned Tawuniya Insurance Company an “A-” rating and outlook “stable”, which is one of the highest financial ratings amongst the insurance companies in the
April 21, 2022 17:15
Techstars Appoints Chief Human Capital Officer, Aparna Ramaswamy & Chief Capital Formation Officer, Kimberly Smith
Techstars, a global investment business that provides access to capital, one-on-one mentorship, and customized programming for early-stage entrepreneurs, announces two strategic and operational leader
April 20, 2022 15:30
InvestaX Tokenized Bored Ape #2371
InvestaX launched a new digital asset security tied to an NFT, another groundbreaking investment product that leverages the best of DeFi (Decentralized Finance) and CeFi (Centralized Finance) that cha
April 20, 2022 14:50
Principal Financial Group® Announces Global Financial Inclusion Index
Principal Financial Group® today announced it will launch the Global Financial Inclusion Index (“Index”) in collaboration with the Centre for Economics and Business Research (Cebr). The inaugural Inde
April 20, 2022 10:35
MYPINPAD and SmartPesa Merge to Become the Global Leader in Mobile Payments Acceptance
MYPINPAD, a global leader in mobile-based payments acceptance and digital authentication solutions, and SmartPesa, a leading provider of payments and agency banking solutions, have agreed to merge. Th
April 19, 2022 16:30
Akur8 Launches Akur8 Academy, a New Global Training, Development and Upskilling Program on Insurance Pricing Advanced Practices
Akur8 is excited to announce the launch of its Akur8 Academy - a global training, development and upskilling program for insurance pricing advanced practices. This program is open to actuaries and pri
April 19, 2022 09:30
DC Administration Services Announces ISDA Determinations Committees 2022 Application Process
DC Administration Services, Inc. (DCAS) would like to invite all interested Members of ISDA to apply for a position as a Non-dealer Committee Member of the Determinations Committee for the relevant re
April 15, 2022 11:55
DOV Management Launches NFT Rental and Investment Platform and the Industry’s First NFT Credit Fund
DOV Management (DOV), a New York-based venture capital and private equity firm, today announced that the firm is launching the DOV NFT Hub, an NFT Rental and Investment platform, also a singular commu
April 15, 2022 10:40
HCL Technologies Expands Global Partnership with Avaloq to Accelerate Innovation in Digital Wealth Management
HCL Technologies (HCL), a leading global technology company, has expanded its global partnership with Avaloq, a leading provider of digital banking solutions. HCL will now develop a world-class lifecy
April 14, 2022 11:20
I Squared Capital Appoints a New Fund Partner and a New Senior Policy Advisor
The Management Committee of I Squared Capital is pleased to announce that two dynamic industry veterans are joining our global team. Damian Darragh is joining as a Fund Partner for the ISQ Global Infr
April 12, 2022 11:40
Visa Inc. Appoints Teri List to its Board of Directors
Visa Inc. (NYSE: V) announced today that Teri List has been appointed to its board of directors, effective April 11, 2022. Ms. List was executive vice president and chief financial officer of Gap I
April 12, 2022 11:35
I Squared Capital Names Three New Partners
The Management Committee of I Squared Capital is pleased to announce the appointment of Andreas Moon as Partner, Chenhua Shen as Fund Partner, and Enrico Del Prete as Fund Partner, bringing the total
April 11, 2022 11:00
Akur8 Releases New Research Paper “Credibility and Penalized Regression”
Akur8 released today a new research paper for the actuarial community entitled “Credibility and Penalized Regression.” Developed by a senior team of actuaries and data scientists at Akur8, the purpose
April 08, 2022 11:55
I Squared Capital Closes Its Largest Global Infrastructure Fund to Date at $15 Billion
I Squared Capital, a leading global infrastructure investment manager, has closed its ISQ Global Infrastructure Fund III at the $15 billion legal cap, exceeding an initial target of $12 billion. Inclu
April 08, 2022 10:00
American Express Increases Speed for Fintechs to Launch Cards on the Amex Network, Powered by i2c
American Express (NYSE:AXP) and i2c Inc, a provider of digital payment and banking technology, today announced an expanded global, multi-product agreement that will enable fintechs and financial insti
April 07, 2022 11:45
Lone Star Announces Acquisition of SENQCIA Corporation
Lone Star Funds (“Lone Star”) today announced that an affiliate of Lone Star has successfully acquired SENQCIA Corporation (“SENQCIA”). Terms of the transaction were not disclosed. Headquartered in
April 07, 2022 09:45
DXC Technology Named a Leader in Everest Group’s Life Insurance and Pensions Report
DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, has been named a Leader by research firm Everest Group in its PEAK Matrix® for Life and Pensions Insurance Busine
April 05, 2022 17:20
Gupshup Acquires Active.Ai, the Leading Conversational AI Platform for Banks and Fintech Companies
Gupshup, a global leader in conversational engagement, announced today the acquisition of Active.Ai, the leading Conversational AI platform used by banks and Fintech firms. The acquisition strengthens
March 29, 2022 15:00
Oil Insurance Limited (OIL) Board of Directors Declares $350 Million Dividend and its Shareholders Broaden the Definition of Energy Operations during the 2022 Annual General Meeting (AGM)
OIL held its March 2022 Board Meeting on Tuesday, March 22nd and its 2022 AGM by virtual means on Thursday, March 24th. During the Board meeting, the directors approved the Company’s 2021 financial
March 29, 2022 14:30
Techstars and J.P. Morgan Partner to Invest in Diverse Entrepreneurs
Techstars today announced a new accelerator program powered by J.P. Morgan that will invest more than $80 million in diverse entrepreneurs and founders across the country. Techstars and J.P. Morgan be
March 25, 2022 16:40
BridgeTower Capital Partners with Global Industry-Leading Art Fund Artemundi to Release NFT Series of Master Spanish Artist Francisco Goya
BridgeTower Capital, an innovator in connecting blockchain markets globally, announced a partnership with Artemundi, a leading global art fund, to release a series of NFTs featuring the work of acclai
March 24, 2022 17:00
Invesco Developing Markets Fund Welcomes Bombay High Court’s Ruling
Invesco Developing Markets Fund (“Invesco”), Zee Entertainment’s (NSI: ZEEL) (“Zee” or the “Company”) largest shareholder with an ownership interest of nearly 18%, today issued the following statement
March 24, 2022 16:30
BridgeTower Capital Teams with Securitize and Chainlink to Expand Offerings in Staking, DeFi and Permissioned Markets on Avalanche
BridgeTower Capital, an innovator in connecting blockchain markets globally, is partnering with Securitize, the leader in digital assets securities, to launch the BridgeTower Global Platform offering
March 24, 2022 14:05
Global Processing Services Announces New Partnership With Mastercard to Power ‘Next Generation Payments’ Technology to Global Fintechs
Global Processing Services (“GPS”), a leading global payment technology platform, today announced a new strategic partnership with Mastercard. Today’s announcement expands on the two firms’ longsta
March 24, 2022 10:40
Alter Domus Appoints Vincent Georgel O’Reilly as Head of FI Strategic Partnerships
Alter Domus, a leading provider of integrated solutions for the alternative investment industry, announces the appointment of Vincent Georgel O’Reilly as Head of Financial Institutions Strategic Partn
March 23, 2022 11:10
Western Union Partners with Artajasa to Offer Money Transfer Payouts into Bank Accounts and Wallets
Western Union, a global leader in cross-border, cross-currency money movement and payments, has announced PT Artajasa Pembayaran Elektronis (Artajasa) as its newest bank account and wallet payout part
March 22, 2022 13:45
American Express Travel: 2022 Global Travel Trends Report Shows People are Ready and Eager to Travel and Booking Trips with More Purpose Than Ever
American Express (NYSE:AXP) released the American Express Travel: 2022 Global Travel Trends Report[1] today, which shows people are looking forward to more trips than last year and planning to spend m
March 21, 2022 11:30
Telenor Myanmar Sale to M1 Group’s Investcom Approved: Providing Essential Telecoms Infrastructure as a Vital Service
M1 Group has been informed that the Myanmar Investment Commission has approved Telenor Group’s application for the sale of Telenor Myanmar to Investcom PTE Ltd., an M1 Group affiliate. M1 Group wil
March 18, 2022 15:10
InvestaX Secures Funding From Major Crypto Investment and Capital Markets Firms
InvestaX, a leading MAS (Monetary Authority of Singapore) licensed digital securities platform, announces today that new strategic investors including Coinbase Ventures, Gate Ventures, Token Bay Capit
March 18, 2022 11:30
Société Générale’s GEFA BANK Taps DXC Technology in Journey to Public Cloud
GEFA BANK, a leading financing partner for German SMEs and subsidiary of Société Générale, has selected DXC Technology (NYSE:DXC) for a ground-breaking digital transformation project. With the "G-Rock
March 17, 2022 09:40
Venture Capital Firm, Galaxy Interactive, Appoints Ryan You, 游镕畅, as Partner and Managing Director
Galaxy Interactive, a subsidiary of Galaxy Digital Holdings, Ltd., the largest fund dedicated to the interactive sector, today announced the appointment of 游镕畅, Ryan (Rongchang) You as Partner and Man
March 15, 2022 15:50
Encina Announces $55 Million of Committed Financing Supported by IMM Investment Global Limited
Encina Development Group (“Encina” or the “Company”), a producer of circular chemicals from waste materials, announced today that it has secured a total of $55 Million of equity capital which included
March 11, 2022 15:50
Western Union Suspends Operations in Russia and Belarus
The Western Union Company (NYSE: WU) stands with the world in condemning the unprovoked and unjustified invasion of Ukraine. All of us share the shock, disbelief, and sadness around this tragedy and h
March 11, 2022 10:40
Visa Completes Acquisition of Tink
Visa (NYSE: V) today announced it has completed its acquisition of Tink - an open banking platform that enables financial institutions, fintechs and merchants to build financial products and services
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