Finance News Releases

  • Today September 20
October 05, 2023 10:35
Visa Launches $100 million Generative AI Ventures Initiative
Visa (NYSE: V), a global leader in payments, today announced a new $100 million generative AI ventures initiative to invest in the next generation of companies focused on developing generative AI tech
October 05, 2023 10:25
MSCI Completes Acquisition of Burgiss
MSCI Inc. (NYSE: MSCI), a leading provider of mission-critical decision support tools and services for the global investment community, today announced that it has completed its acquisition of The Bur
October 05, 2023 09:40
The Government Pension Investment Fund of Japan Uses ICE for Impact Bond and Avoided Emissions Assessment of its Portfolio
Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced it was selected by The Government Pension Investment Fund of Japan
October 04, 2023 15:00
Despite Continued Economic Volatility, Global Financial Inclusion Improved According to the Global Financial Inclusion Index from Principal®
Singapore is the world’s most financially inclusive market across 42 analyzed, alongside Hong Kong, Switzerland, the United States, and Sweden, according to the second edition of the Global Financial
October 04, 2023 09:20
KAL Releases a Full Acquiring Host System for Banks
The latest version of KTH (Kalignite Terminal Host) (https://www.kal.com/en/products/kth), from world-leading ATM software company KAL, provides banks with a highly scalable solution for processing tr
October 03, 2023 11:49
Finalists Announced for the 2023 BAI Global Innovation Awards
BAI (https://www.bai.org/) announced the finalists for the 13th Annual BAI Global Innovation Awards, the financial services industry’s leading innovation honor, celebrating organizational achievements
In the presence of the SFD Board of Directors Chairman, H.E. Ahmed Al-Khateeb, the SFD CEO, H.E. Sul
October 03, 2023 11:10
Saudi Fund for Development Supports Infrastructure Development in The Bahamas and Mauritius, and Explores Cooperation with San Marino
In the presence of the Saudi Fund for Development Board of Directors Chairman, H.E. Ahmed Al-Khateeb, the SFD Chief Executive Officer, signed today in Riyadh, two development loan agreements worth a t
(Graphic: Business Wire)
October 01, 2023 14:00
Trace Carbon Solutions and Molpus Woodlands Group Announce the Evergreen Sequestration Hub in Louisiana
Trace Carbon Solutions, LLC (Trace) and Molpus Woodlands Group (Molpus), on behalf of a client, announced today that they have signed a servitude agreement providing Trace with exclusive rights to dev
October 01, 2023 12:20
Interactive Brokers Group Consolidates EU Operations into Ireland
Interactive Brokers Group (https://www.interactivebrokers.com/en/home.php) (Nasdaq: IBKR), a leading global brokerage firm, today announced the consolidation of its European brokerage operations, with
September 26, 2023 11:45
Citi Foundation Announces Recipients of Inaugural Global Innovation Challenge
Today, the Citi Foundation announced the grant recipients of its first-ever Global Innovation Challenge, a new model to identify and provide philanthropic support to community organizations that are d
September 26, 2023 10:30
Corebridge Financial to Sell UK Life Insurance Business to Aviva plc
Corebridge Financial, Inc. (NYSE: CRBG) today announced that it has entered into a definitive agreement to sell its UK life insurance business (operating as AIG Life Limited), to Aviva plc for a total
September 26, 2023 10:00
SYNTAGMA CAPITAL Enters Into Exclusive Negotiations to Acquire Lennox’ European Commercial HVAC and Refrigeration Divisions
Syntagma Capital today announces that it has entered into exclusive negotiations with Lennox International (NYSE: LII) to acquire its European Commercial HVAC and Refrigeration businesses. The HVAC di
Equity International’s Portfolio Company, SAMHI Hotels Limited, Completes its IPO
September 24, 2023 12:00
Equity International’s Portfolio Company, SAMHI Hotels Limited, Completes its IPO
SAMHI Hotels Limited (SAMHI), the third largest hotel ownership and asset management platform in India1, with operating brands including Courtyard by Marriott, Fairfield by Marriott, Hyatt Regency, Hy
Oliver Baete, Allianz CEO, speaking at the UN Climate Ambitions Summit on September 20, 2023. (Photo
September 22, 2023 13:55
Oliver Bäte, Allianz CEO, Addresses United Nations Climate Ambition Summit
Yesterday, leaders from 34 governments along with seven non-government bodies, including Californian governor Gavin Newsom, London mayor Sadiq Khan, the World Bank president, the Chief Executive of in
September 21, 2023 11:00
Moody’s Launches VIS Rating in Partnership with Vietnam’s Leading Financial institutions
Moody’s Corporation (NYSE:MCO) today announced the launch of Vietnam Investors Service And Credit Rating Agency Joint Stock Company (VIS Rating), a partnership between Moody’s and leading Vietnamese f
Visa and Swift team up to streamline global money movement (Graphic: Business Wire)
September 20, 2023 14:05
Visa and Swift Team Up to Enhance Transparency, Speed and Security in Global B2B Money Movement
Visa and Swift today announced a collaboration to streamline international business-to-business (B2B) payments by strengthening connectivity between their networks that move trillions in value globall
September 19, 2023 16:15
Recharge Capital Taps Bridgewater Associates Singapore Executive Margaret Wang as Managing Partner
Recharge Capital, the leading $6B thematic-first private investment firm, today announced former Executive Director and Head of Bridgewater Associates Singapore, Margaret Wang, has been appointed Mana
September 19, 2023 13:30
Visa Announces Fintech Finalists for the 2023 Visa Everywhere Initiative at TechCrunch Disrupt
Visa (NYSE: V), a global leader in payments, and leading online technology publication, TechCrunch will be hosting the Visa Everywhere Initiative (VEI) 2023 Global Finals during TechCrunch Disrupt at
September 15, 2023 15:00
Galvanize Climate Solutions Closes Over $1 Billion for First Venture and Growth Equity Fund
Galvanize Climate Solutions (https://galvanizeclimate.com/)(“Galvanize”), a global climate-focused investment firm, today announced the final close of its Innovation + Expansion Fund (“the Fund”) at
Visa and Paysend expand strategic collaboration (Graphic: Business Wire)
September 15, 2023 11:30
Paysend and Visa Strengthen Their Strategic Collaboration to Help Transform Global Money Movement
Paysend, the UK Fin-Tech innovator, and Visa, the world’s leader in digital payments, today announced a strategic collaboration enabling Paysend’s customers globally to send money in real-time[1] to e
September 14, 2023 13:20
Molpus Woodlands Group Expands Scholarship Program
Molpus has expanded the Molpus Woodlands Group Annual Scholarship Program to help bring further diversity to the forestry management profession. Through a partnership with five new universities, the e
Visa Releases First Growth Corporates Working Capital Index for the Middle-Market (Graphic: Business
September 14, 2023 10:10
Visa Releases First Growth Corporates Working Capital Index for the Middle-Market
Today, Visa (NYSE: V) released its first-ever 2023-2024 Growth Corporates Working Capital Index (https://visa-business-solutions.foleon.com/vbs/knowledge-hub/report-working-capital-index) (WCI). The s
September 13, 2023 15:35
H.I.G. Capital Closes Record $5.5 Billion H.I.G. Middle Market LBO Fund IV
H.I.G. Capital (“H.I.G.”), a leading global alternative asset management firm with $58 billion of capital under management, is pleased to announce the closing of H.I.G. Middle Market LBO Fund IV (the
September 13, 2023 15:27
Small Businesses Eye Global Expansion as Key to Growth, Visa Study Finds
Visa (NYSE: V) today revealed findings from the seventh edition of its Global Back to Business Study (https://usa.visa.com/content/dam/VCOM/blogs/visa-back-to-business-7-one-pager-september-2023.pdf),
September 13, 2023 11:55
MSCI launches MSCI Sustainability Institute to drive progress on the role of capital markets in creating sustainable value
MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, today announced the launch of the MSCI Sustainability Institute (“the In
September 13, 2023 11:45
Morgan Stanley Expands Global Inclusive Ventures Lab with Largest Single Cohort of 23 Companies
Morgan Stanley (NYSE: MS) today announced the 2023 global cohort of the Inclusive Ventures Lab (https://www.morganstanley.com/about-us/diversity/inclusive-ventures-lab), with 23 companies selected acr
September 12, 2023 09:55
Lazard Appoints Sir Stephen Lovegrove as Senior Advisor
Lazard Ltd (NYSE: LAZ) announced today that Sir Stephen Lovegrove has joined the firm as a Senior Advisor serving clients in the U.K. Financial Advisory and Geopolitical Advisory businesses. He will b
September 08, 2023 09:14
Allianz Announces First Net-Zero Transition Plan With 2030 Intermediate Targets for Core Business Segments
Today, Allianz is publishing its first comprehensive net-zero transition plan, which substantiates the company’s long-term strategic climate commitment to achieve net-zero emissions by 2050 in its pro
Emigrant Bank Fine Art Finance Partner Suzanne Gyorgy (Photo: Emigrant Bank Fine Art Finance)
September 07, 2023 10:35
Suzanne Gyorgy Joins Emigrant Bank Fine Art Finance as Partner to Boost Global Growth
Emigrant Bank Fine Art Finance (EBFAF), a leading provider of innovative art finance solutions, today announced that Suzanne Gyorgy has joined the firm as a Partner. For the past fourteen years, Gyorg
September 06, 2023 14:35
Visa Expands Stablecoin Settlement Capabilities to Merchant Acquirers
Visa (NYSE: V), a global leader in payments, announced its next step in modernizing cross-border money movement. Visa is expanding its stablecoin settlement capabilities to the high-performing Solana
September 01, 2023 09:55
Thailand’s CP Group Family and LDA Capital Launch New Fund
The Jiaravanon Family, one of Asia’s wealthiest families who controls Charoen Pokphand Group (“CP Group”), Asia’s largest diversified holding company with over $82 billion in revenue and LDA Capital (
Christopher Magee, Vice President, International Head of Financial Lines and Professional Liability
August 31, 2023 11:20
Starr Names Christopher Magee Vice President, International Head of Financial Lines and Professional Liability
Starr Insurance today announced that Christopher Magee has joined Starr as Vice President, International Head of Financial Lines and Professional Liability, a new position focused on growing the busin
Sean Chen, CEO of Starr Singapore (Photo: Business Wire)
August 30, 2023 16:30
Starr Names Sean Chen CEO of Starr Singapore
Starr Insurance today announced that Sean Chen, a 14-year member of Starr’s global team, has been named chief executive officer of Starr International Insurance (Singapore) Pte. Ltd. (Starr Singapore)
Chairman Satish Sanpal, the guiding force behind ANAX Holding (Photo: AETOSWire)
August 25, 2023 09:50
Satish Sanpal Launching His Global Group of Companies, ANAX, to Redefine Multiple Industries
Satish Sanpal, an influential entrepreneur, is embarking on a new venture that promises to transform multiple sectors on a global scale. With his rich experience in hospitality, marketing, and real es
Molpus Woodlands Group Showcases Commitment to Sustainability With Release of Second Annual Sustaina
August 24, 2023 16:00
Molpus Woodlands Group Showcases Commitment to Sustainability With Release of Second Annual Sustainability Report
Molpus Woodlands Group (Molpus), a leading timber investment management organization (TIMO), is pleased to announce the publication of its second annual sustainability report. This comprehensive repor
August 22, 2023 09:30
MSCI announces acquisition of Burgiss, expanding private assets leadership and strengthening multi-asset class offering
MSCI Inc. (NYSE: MSCI), a leading provider of mission-critical decision support tools and services for the global investment community, today announced it has entered into a definitive agreement to ac
August 17, 2023 09:50
Bittrex Global Reaches Successful Settlement with the SEC
Bittrex Global released the following statement today after reaching a successful settlement with the US Securities and Exchange Commission (SEC) in relation to its 17 April charge against the company
August 16, 2023 10:30
Sun Capital Partners Affiliate Enters into Definitive Agreement to Acquire Koch Separation Solutions from Koch Engineered Solutions
Sun Capital Partners, Inc. (“Sun Capital”), a leading private investment firm focused on defensible businesses in growing markets with tangible performance improvement opportunities, today announced i
Chief Executive Officer of Allianz SE (Photo: Allianz SE)
August 10, 2023 16:42
Allianz Increases Operating Profit by 7.1% to 3.8 Billion Euros
August 10, 2023 2Q 2023: · Total business volume surges 5.9 percent to 39.6 billion euros · Operating profit increases 7.1 percent to 3.8 billion euros; strong performance particularly in Life/
WeMBA, which has been launched by Webcash Global in Vietnam, allows efficient and transparent fund m
August 10, 2023 11:17
Webcash Global Launches WeMBA in Vietnam
Webcash Global (CEO Lee Sil-kwon) announced the launch of WeMBA, a global B2B fintech fund management solution, in Vietnam. WeMBA is a solution that has tailored “Branch,” a fund management system
August 10, 2023 11:10
Now Health International Celebrates Another Service Success
Award-winning International Private Medical Insurance (IPMI) provider Now Health International is celebrating its latest customer service success, having won another prestigious award, Customer Servic
August 04, 2023 11:50
Corebridge Financial to Sell Laya Healthcare to AXA
Corebridge Financial, Inc. (NYSE: CRBG) today announced that it has entered into a definitive agreement to sell its subsidiary, Laya Healthcare Limited (“laya healthcare”), to AXA for a total consider
August 02, 2023 17:25
Interactive Brokers Introduces Fractional Shares Trading in Canadian Stocks and ETFs
Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, today announced the launch of fractional shares trading for Canadian stocks and ETFs. Clients of Interactive Brokers can now
August 02, 2023 16:55
MSCI appoints Hiromichi Mizuno as a Special Advisor to the CEO
MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, is pleased to announce the appointment of Hiromichi (Hiro) Mizuno as a S
July 31, 2023 11:05
MarketVector Indexes™ and Figment Partner on the Industry’s First Staking Rewards Indexes
MarketVector Indexes™ (“MarketVector”), a global index provider and long-time leader in digital assets indexing, announces a partnership with Figment, a leading provider of staking infrastructure, to
July 30, 2023 14:45
Sixth Street Welcomes Julian Salisbury as Partner and Co-Chief Investment Officer
Sixth Street, a leading global investment firm, today announced that Julian Salisbury will become a partner of the firm and serve as Co-Chief Investment Officer alongside Chief Executive Officer Alan
July 30, 2023 13:00
Settlement Administrator Angeion Group Announces Proposed Settlement In U.S. Dollar LIBOR-Based Instrument Class Action
There are lawsuits impacting individuals and institutions that entered into over-the-counter financial derivative and non-derivative instruments directly with 17 banks and that received payments tied
July 27, 2023 17:30
Technology Holdings advises DEK Technologies, a software engineering and embedded systems specialist, on its strategic sale to Endava
Technology Holdings, a global boutique investment bank with offices in North America, Europe and the Asia-Pacific is pleased to announce that it has acted as the exclusive financial advisor to DEK Tec
July 27, 2023 09:15
Technology Holdings Wins Boutique Investment Bank of the Year and M&A Deal of the Year ($100M - $250M) at the 14th Annual International M&A Awards
Technology Holdings, a global boutique investment bank with offices in North America, Europe and the Asia-Pacific has been named the Boutique Investment Bank of the Year at the 14th Annual Internation
July 26, 2023 11:35
Interactive Brokers Expands Overnight Trading to Over 10,000 US Stocks and ETFs
Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, announced the expansion of its Overnight Trading Hours service, which now lists over 10,000 US stocks and ETFs. Interactive B
July 25, 2023 16:35
An Affiliate of Walton Street Closed on the Acquisition of Advance Real Estate, an Industrial Real Estate Development and Operating Company in México With a Portfolio of Over 10.4 Million Square Feet of Industrial and Logistics Leasable Area
An affiliate of Walton Street Capital, L.L.C (“Walton Street”) closed on the acquisition of Advance Real Estate, an industrial and logistics real estate development and operating company in México wit
(from left to right) Deputy Prime Minister and Minister of The Bahamas Ministry of Tourism, Investme
July 23, 2023 11:59
Saudi Fund for Development Signs a $10 Million Loan Agreement to Construct Business Incubation Centers in the Bahamas
The Saudi Fund for Development (SFD) Chief Executive Officer, H.E. Sultan Al-Marshad, signed the first development loan agreement worth $10 million in SFD’s headquarters in Riyadh with Hon. Isaac Ches
July 20, 2023 16:45
With Intelligence Announces That Motive Partners Has Acquired a Majority Stake
With Intelligence, a leading provider of investment data and intelligence for allocating, fund-raising and business development in the public and private markets, announced that it has received a majo
July 20, 2023 14:15
Interactive Brokers Offers Trading on the Taiwan Stock Exchange
Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, today announced access to the Taiwan Stock Exchange, letting clients invest in the Taiwanese market without maintaining a rel
(Graphic: Business Wire)
July 20, 2023 11:35
MultiBank Group Secures a European CySEC Broker License, Becoming the Most Regulated Financial Derivatives Institution Worldwide With 12 Regulators
MultiBank Group, the largest financial derivatives institution worldwide, announced that its latest subsidiary, MEX Europe Ltd, has been granted a license by the Cyprus Securities and Exchange Commiss
July 19, 2023 17:50
Sims Limited Debuts on the FTSE4Good Index Series
Sims Limited (ASX: SGM), a global leader in sustainability and an enabler of the circular economy, announced today that it has been included in the FTSE4Good Index Series. Created by the global ind
Mr. Anisur Rahman Chief Information Officer (CIO), Information Technology Division at NCC Bank (Phot
July 19, 2023 15:36
NCC Bank of Bangladesh Ensures Secure and Seamless Real-Time Binimoy Transactions with Thales Luna HSMs
National Credit and Commerce Bank (NCC) of Bangladesh has rolled-out Thales Luna Hardware Security Modules (HSMs) across its existing infrastructure to meet the complex security requirements of the re
July 18, 2023 13:30
Ares Management Corporation to Acquire Crescent Point Capital
Ares Management Corporation (NYSE: ARES) (“Ares”) announced today that Ares has entered into a definitive agreement to acquire 100% of Crescent Point Capital (“CPC”), a leading Asia-focused private eq
July 18, 2023 10:10
Experian Releases 2023 Market Survey on Predictive Analytics and ModelOps for Financial Institutions
Experian, the leading global information services company, today unveiled its in-depth market survey on the state of predictive analytics and the future of ModelOps (model operations) for financial in
July 14, 2023 13:15
JA Mitsui Leasing Acquires Katsumi Global, LLC.
JA Mitsui Leasing Ltd. (headquarter: Chuo-ku, Tokyo; Keito Shimbu, President and CEO; hereinafter referred to as “JAML”) announces, that through our subsidiary, JA Mitsui Leasing Capital Corporation (
IBKR's Securities Lending Dashboard (Graphic: Business Wire)
July 13, 2023 15:05
Interactive Brokers Launches Securities Lending Dashboard
Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, today announced the launch of the Securities Lending Dashboard designed to help clients assess the short-selling activity for
July 11, 2023 11:45
AlphaSights Celebrates 15 Years of Turning Dispersed Knowledge Into Systematic Success
AlphaSights, the global leading knowledge on-demand firm, recently celebrated its fifteenth anniversary reinforcing the value of human knowledge in today’s age of digitization and rapidly advancing AI
July 06, 2023 10:30
SYNTAGMA CAPITAL Completes the Acquisition of Erasteel, the High-Speed Steels and Recycling Division of Eramet S.A. (Euronext Paris: ERA)
Syntagma Capital today announces that it has completed its acquisition of Erasteel (https://www.erasteel.com). The company, which will continue to operate under the Erasteel brand, is a global leader
June 30, 2023 11:45
Moody’s and Microsoft Develop Enhanced Risk, Data, Analytics, Research and Collaboration Solutions Powered by Generative AI
Moody’s Corporation (NYSE:MCO) and Microsoft (NASDAQ: MSFT) today announced a new strategic partnership to deliver next-generation data, analytics, research, collaboration and risk solutions for finan
June 30, 2023 10:10
Fidelis Insurance Holdings Limited Announces Pricing of Initial Public Offering
Fidelis Insurance Holdings Limited, a global (re)insurance company, headquartered in Bermuda with offices in Ireland and the United Kingdom (the “Company”), announced today the pricing of its initial
June 30, 2023 09:45
Visa to Acquire Pismo
Visa (NYSE: V) today announced it has signed a definitive agreement to acquire Pismo, a cloud-native issuer processing and core banking platform with operations in Latin America, Asia Pacific and Euro
The Empire State Building and Space Needle Team Up to Celebrate the 30th Anniversary of Sleepless in
June 29, 2023 14:45
The Empire State Building and Space Needle Team Up to Celebrate the 30th Anniversary of Sleepless in Seattle
The Empire State Building and Space Needle announces a special collaboration today to celebrate 30 years since the June 1993 theatrical release of the movie Sleepless in Seattle. The coast-to-coast co
June 27, 2023 11:10
MSCI 2023 Market Classification Review
MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, announced today the results of the MSCI 2023 Market Classification Revie
June 27, 2023 09:55
Vertex Ventures HC Announces $200 Million Fund III to Drive Innovation in Healthcare
Vertex Ventures HC (VVHC), a women-led global healthcare investment firm, is excited to announce the launch of its third and largest fund of $200 million. Fund III will be deployed to support and empo
June 27, 2023 09:45
Calastone Collaborates With Schroders to Make Tokenisation a Reality
Calastone, the largest global funds network, today announces it is collaborating with Schroders to explore the capabilities of a tokenised investment vehicle for variable capital companies (VCCs). The
June 27, 2023 09:30
Sumitomo Mitsui DS Asset Management Selects Burgiss’ Full Suite of Private Capital Data and Analytics to Support Its Asset Management Business
Burgiss, a leading provider of private capital data and analytics, announced today that Sumitomo Mitsui DS Asset Management (SMDAM)—one of the largest asset management companies in Japan—has chosen Bu
June 25, 2023 11:50
Allianz SE Supervisory Board Extends Mandates for Barbara Karuth-Zelle and Christopher Townsend through 2028
The Supervisory Board of Allianz SE announced today that it has extended the mandates of Allianz SE Board Members Barbara Karuth-Zelle (54), Group Chief Operating Officer, and Christopher Townsend (55
June 22, 2023 11:10
MSCI Launches Portfolio Customization Solution to Enable Portfolio Managers to Personalize SMAs for Clients
MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, today announced the launch of Quantitative Investment Solutions (QIS) -
June 21, 2023 18:20
Visa Appoints Chris Suh as New Chief Financial Officer
Visa (NYSE: V) today announced the appointment of Chris Suh as Chief Financial Officer (CFO). Suh, who succeeds longstanding Visa CFO Vasant Prabhu, will serve as CFO Designate from July 10 until Augu
June 16, 2023 11:30
CSC Acquires Eddystone Financial Services, Expanding Loan Agency Offering in Australasia
CSC, a leading provider of business, legal, tax, and digital brand services, announced today the acquisition of Eddystone Financial Services, a provider of corporate loan agency services. The acquisit
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