Finance News Releases

  • Today September 14
November 07, 2022 11:00
Investing Platform Public Announces Global Launch
Public.com, an investing platform with more than 3 million members in the U.S. and distributed teams across 8 countries, has announced plans for a global launch in Q1 2023. The phased roll-out will
November 04, 2022 09:40
MSCI Launches First Suite of Digital Assets Indexes
MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, today announced the launch of digital-asset indexes, offering a way to h
November 02, 2022 17:15
UnionDigital Bank Partners with Thought Machine to Power its Digital Banking Platform
UnionDigital Bank, the digital banking subsidiary of Union Bank of the Philippines, today announces its partnership with cloud-native banking technology company Thought Machine and has deployed its co
November 02, 2022 17:10
American Express Travel’s 2023 Trending Destinations Unveils Top Trips for Every Type of Traveler
American Express Travel, today, published the 2023 Trending Destinations list[1], featuring the ten most popular destinations for travel next year, identified by global American Express Card® Member t
October 25, 2022 10:10
MultiBank Group Announces Two Additional Licenses in the UAE and Singapore
MultiBank Group, the largest financial derivatives institution worldwide, has consolidated its position as the world’s most regulated broker, announcing that its subsidiaries have been awarded new, co
October 24, 2022 16:58
Asante Capital Group Strengthens Strategic Focus in Asia
Asante Capital Group (“Asante”), a leading independent private equity placement and advisory group, today announced a series of strategic growth initiatives that will enhance the firm’s ability to con
October 21, 2022 14:50
Securities Commission Announces Inaugural Fintech Festival - D3 Bahamas
The Securities Commission of The Bahamas (“the Commission”), in partnership with the Government of The Bahamas, announced today that the country will host a global FinTech and Web3 Festival, from 24-2
October 20, 2022 16:05
Visa and Thunes Expand Visa Direct’s Reach to 1.5 Billion Digital Wallets
Visa (NYSE: V) is partnering with Thunes to help individuals and small businesses move money internationally to 78 digital wallet providers, reaching 1.5 billion digital wallets across 44 countries an
October 20, 2022 09:55
ICE Data Services Named Market Data Vendor of the Year in Asia Pacific Region by Asia Risk
Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced that Asia Risk has selected ICE Data Services as Market Data Vendo
October 19, 2022 13:50
HS Group forms strategic partnership with sustainability asset manager, Mercator Partners
HS Group, one of the largest long term capital providers in alternative investments, is pleased to announce a strategic partnership with sustainability focused asset manager, Mercator Partners. Est
October 19, 2022 13:10
MSCI Launches New Client-Driven Index Solutions for Asset Owners
MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, has announced the launch of Institutional Client-Designed Indexes (iCDI)
October 14, 2022 14:20
Visa Program Unlocks New Opportunities in the Creator Economy
Creators are driving a revolution in digital commerce and culture - producing content that entertains, engages, and educates online communities in powerful new ways. To serve this growing category of
October 14, 2022 09:30
Clayton, Dubilier & Rice and TPG Complete Acquisition of Covetrus
Covetrus (“Covetrus” or the “Company”), a global leader in animal-health technology and services, today announced the successful completion of its previously announced acquisition by funds affiliated
October 12, 2022 10:40
i2c Named “Best in Class” Credit-Card-as-a-Service Provider by Aite-Novarica
i2c Inc., a leading provider of digital payment and banking technology, today announced that it has been named “Best in Class” provider in the Credit-Card-as-a-Service (CCaaS) category by Aite-Novaric
October 11, 2022 11:50
Shinhan Asset Management Selects Burgiss for Private Capital Benchmarking Analytics
Burgiss, a leading provider of private capital market data and analytics, announced today that Shinhan Asset Management, one of the largest asset management companies in South Korea, has chosen Burgis
October 11, 2022 11:05
EIG’s MidOcean Energy to Acquire Tokyo Gas’ Interests in Portfolio of Four Australian Integrated LNG Projects for US$2.15 Billion
MidOcean Energy (“MidOcean”), an LNG company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced that it has entered into a def
October 07, 2022 15:30
New Visa Reports Underscore Importance of Cybersecurity Amid Shifting Threats
Visa Inc. (NYSE:V), the world leader in digital payments, today shared an updated look at how fraud has evolved since the height of the pandemic, with criminals simultaneously targeting online and off
October 07, 2022 11:40
Fortitude Re Continues to Build Japan Franchise Through Flow Reinsurance Transaction
FGH Parent, L.P (“Fortitude Re”), parent company of Bermuda’s largest multi-line reinsurer, today announced the signing of a flow reinsurance transaction with a leading Japanese life insurance company
October 06, 2022 11:45
Brijesh Jeevarathnam to Succeed Kelly Meldrum as Global Head of Fund Investments at Adams Street Partners
Adams Street Partners, LLC, a private markets investment firm with more than $50 billion of assets under management, announced today that Brijesh Jeevarathnam will be promoted to Partner & Global Head
October 05, 2022 14:30
Frazier Life Sciences Adds Experienced Biopharmaceutical Executive to Team
Frazier Life Sciences announced the addition of Jan Møller Mikkelsen as a Senior Advisor. He has over 30 years of experience as a biopharmaceutical executive. Mr. Mikkelsen founded Ascendis Pharma
October 04, 2022 14:55
The XDC Network Secures $50M From LDA Capital to Drive Ecosystem Development
The founders of the XDC Network have leveraged a portion of their personal token allocations to secure a $50 million commitment from global alternative investment group LDA Capital Limited to accelera
September 29, 2022 14:30
HSBC and Nova Credit Launch Partnership to Offer Customers Borderless International Credit Checking
Nova Credit, the world’s leading consumer-permissioned credit bureau, today announced that it has partnered with HSBC to provide the bank with global access to its cross-border credit data product, Cr
September 28, 2022 13:20
Wasabi Technologies Closes $250 Million in New Funding to Usher In the Future of Cloud Storage
Wasabi Technologies, the hot cloud storage company, today announced it has achieved unicorn status following $250 million in new funding. Wasabi raised $125 million in Series D equity led by L2 Point
September 27, 2022 17:40
True Global Ventures Invests a Total of US$38m in Web3 Leader Animoca Brands
True Global Ventures 4 Plus Fund and Follow On Fund (TGV 4 Plus FoF) today announce a total investment of US$38m including a US$16m bought from the secondary market. TGV has previously communicated an
September 27, 2022 15:00
Stonepeak Forms Strategic Logistics Investment Partnership with Equalbase
Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced that certain of its associated investment vehicles have formed a strategic investment p
September 27, 2022 13:15
Adams Street Hires James Charalambides and Launches European Private Credit Strategy
Adams Street Partners, LLC, a private markets investment firm with $50 billion in assets under management, announced the launch of its Private Credit platform in Europe with the appointment of James C
September 26, 2022 13:45
AV AirFinance Expands to Singapore with New Executive Appointment
AV AirFinance Limited (“AV AirFinance”), a global commercial aviation loan servicer, announced today that Kiel Garcia has joined AV AirFinance as Senior Vice President-Loan Origination (APAC). Based i
September 23, 2022 09:30
Qredo Unlocks Industry-leading Specie Crypto Insurance Cover
Qredo is delighted to be able to offer comprehensive custody insurance to interested Qredo Wallet users. The cover, which protects assets held in wallets and in secure transmission throughout the t
September 22, 2022 11:40
Cleareye.ai Announces Strategic Alliance with J.P. Morgan
Cleareye.ai announces a new global strategic alliance with J.P. Morgan’s Trade and Working Capital group. The alliance leverages an industry-leading digital solution, ClearTrade, to solve both the cha
September 22, 2022 11:20
Global Financial Inclusion Index from Principal® Develops Benchmark for Financial Security and Inclusion Across Global Economies
Singapore is the world’s most financially inclusive market, alongside the U.S., Nordic Europe, and Hong Kong, according to the inaugural Global Financial Inclusion Index (Index) sponsored by Principal
September 21, 2022 09:50
True Global Ventures 4 Plus Follow On Fund’s First Investment is in web3 Leader Animoca Brands
True Global Ventures 4 Plus (TGV 4 Plus) Fund and TGV 4 Plus Follow On Fund (TGV 4 Plus FoF) today announce a US$17.2m convertible note investment into Animoca Brands out of a total raise of US$110m.
September 20, 2022 10:10
Netcetera and Mastercard Simplify Digital Payments: Digital First Partner in the Mastercard Engage Program
Netcetera, a global software company and expert for secure and convenient digital payment solutions, has been welcomed as a Digital First partner by Mastercard. Engage, Mastercard’s global partner net
September 16, 2022 17:25
Akur8 Releases its first Global Insurance Pricing Survey, Revealing a Desire Across the Insurance Industry for Convergence Between Actuarial and Data Science
Akur8, the AI insurance pricing company, published today results from its first global pricing report, “Akur8 Global Pricing Survey: convergence between actuarial and data science awaited!” Sheddin
September 15, 2022 17:25
Ownera Announces $20M Series A Financing including J.P. Morgan and LRC Group
Ownera, the company delivering an extensive interoperability trading network for tokenized assets, is today announcing Series A funding of $20M including J.P. Morgan and LRC Group. Ownera’s objecti
September 14, 2022 15:30
Citi Private Bank Finds Family Offices’ Priorities Transcend Preserving the Value of Financial Assets and include Fostering Family Unity and Continuity
Citi Private Bank’s Family Office Group today released the results of its 2022 Family Office Survey, capturing the thinking and behaviors of some of the most diverse family offices and ultra-high net
September 14, 2022 13:30
Payhawk opens New York office and launches US credit card
Payhawk, the spend management solution with a presence across the UK and Europe, officially launches in the US today. The unicorn has opened an office in New York and is introducing a US credit card t
September 13, 2022 16:30
MSCI Launches Insights Aiming to Streamline Investors’ Risk Management Processes
MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, has announced the launch of Risk Insights, the first module of a new ana
September 13, 2022 15:30
Syntagma Capital Enters Into Exclusive Negotiations to Carve out a Significant Part of Imerys’ Business Serving the Paper Markets for an Enterprise Value of €390m
Syntagma Capital today announces that it has entered into exclusive negotiations to acquire certain assets of Imerys producing kaolin, ground calcium carbonate (“GCC”), precipitated calcium carbonate
September 13, 2022 14:35
Carnegie Mellon University and Mastercard Foundation Partner to Drive Youth-Led Digital Transformation in Africa
Carnegie Mellon University (CMU) and the Mastercard Foundation, in collaboration with the Government of Rwanda, today announced a transformational investment in higher education and innovation in Afri
September 08, 2022 17:20
Liquidnet Enhances VWAP Trading With New VWAP Cross Offering
Liquidnet, a leading technology-driven agency execution specialist, today announced the launch of a new VWAP Cross trading capability allowing pre-market block trading at the full day VWAP price. The
September 08, 2022 16:10
Citi Private Bank and Cambridge Family Enterprise Group Offer a Roadmap for Family Enterprises to Navigate Through the Turbulent 2020s
Citi Private Bank today released The Future of Family Enterprise: Turbulence and Transformation in the 2020s, a report that’s the result of a year-long study in collaboration with the research and edu
September 08, 2022 15:30
MetaProp Expands in APAC Region with Appointment of Industry Leader Satoshi Murakami as Director
MetaProp—the world’s leading venture capital firm focused on the PropTech industry—today shared plans to accelerate its growth in APAC by appointing Satoshi Murakami as Region Director. Murakami joins
September 08, 2022 15:00
Daniel Hanna joins Barclays as Global Head of Sustainable Finance for the Corporate and Investment Bank
Barclays has appointed Daniel Hanna as Global Head of Sustainable Finance for the Corporate and Investment Bank with the responsibility for creating a market-leading center of excellence for sustainab
September 08, 2022 14:00
EIG to Acquire 25% Of Repsol’s Entire Global Upstream Business in New Partnership
EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced that it has entered into a definitive agreement with Repsol S.A. (“Repsol”) to acquire a 25% stak
September 07, 2022 17:30
Morgan Stanley Selects 10 Companies for Inaugural Global Cohort of the Multicultural Innovation Lab
Morgan Stanley today announced the eighth cohort of the Multicultural Innovation Lab. The in-house accelerator program for technology and technology-enabled startups in the post-seed to Series A fundi
September 01, 2022 16:30
Jefferies to Host Asia Forum September 7-9
The Jefferies Asia Forum - a virtual gathering of global thought leaders, offering attendees original content, comprehensive corporate access and actionable investment insights - will take place on Se
August 30, 2022 14:10
MetLife Investment Management to Acquire Specialist ESG Manager, Affirmative Investment Management
MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), announced that it has entered into a definitive agreement to acquire Affirmative Investme
August 24, 2022 11:30
Everen Limited (formerly Oil Insurance Limited) reveals its brand identity
Following a rebranding announcement, Everen reveals its brand-new visual identity. The new logo and elements of the brand have been designed to reflect the company’s heritage and its future commitment
August 19, 2022 14:40
Arbor Ventures Establishes Strategic Partnership With Tokio Marine to Accelerate Innovation in the Insurance Industry
Tokio Marine Asia Pte. Ltd. (“Tokio Marine”) today announced a strategic partnership with Arbor Ventures (“Arbor”), a leading global Fintech / InsurTech-focused venture capital firm, headquartered in
August 18, 2022 16:30
Carbon Opportunities Fund Launches First-of-its-Kind Investment Platform to Issue Tokenized Carbon Credits
The International Finance Corporation, Cultivo, Aspiration, and Chia Network, today announced the launch of the Carbon Opportunities Fund (the Fund), a global investment platform that will raise priva
August 10, 2022 15:40
Nonprofit Funding Platform Heroe5 Launches The Good Society, Embracing Web3 Approach to the Sustainable Financial Benefit for Charities
Nonprofit funding platform Heroe5™ announced today the creation of The Good Society™ to address the growing need for sustainable funding platforms for charitable organizations. The Good Society become
August 04, 2022 17:15
Balbec Capital Raises Over $1.5 Billion for Fifth Global Credit Fund
Balbec Capital, LP (“Balbec”), a global alternative asset manager with over $11 billion in platform assets, today announced the closing of its fifth global flagship fund, InSolve Global Credit Fund V,
August 03, 2022 17:20
WorldQuant Launches BRAIN Platform and Inaugural Global Alphathon Competition
WorldQuant, a global quantitative asset management firm, today launched its first Global Alphathon on its new BRAIN platform. The Global Alphathon is a quant competition in which individuals can build
August 03, 2022 15:10
Axonic Capital Hires Michael Gordon as Head of Insurance Solutions
Axonic Capital, New York-based structured credit, commercial real estate, and systematic fixed income specialist with $4.8 billion in assets under management, announced the addition of Michael Gordon,
July 26, 2022 11:55
FINEOS and New York Life Group Benefit Solutions Issue Digital Transformation Case Study
The FINEOS Corporation (ASX:FCL), a leading global provider of end-to-end SaaS core systems, in partnership with New York Life Group Benefit Solutions[1] (Group Benefit Solutions), today released a ca
July 21, 2022 14:41
FINEOS Announces GroupTech Connect 2022
The FINEOS Corporation (ASX:FCL) today announced that registration is open for GroupTech Connect, a unique half-day forum for industry leaders to explore the Group Benefits ecosystem, core systems, ex
July 20, 2022 17:30
Jefferies Announces Strategic Transactions to Simplify Operations to Continue Focus on Building the Leading Independent, Full-Service Global Investment Banking Firm
Jefferies Financial Group Inc. (NYSE: JEF) announced today that, adhering to its long-standing fundamental strategy of focusing on building its investment banking and capital markets businesses and re
July 20, 2022 14:45
Leading Fund Administrator Alter Domus Appoints Gus Harris to its Group Executive Board
Alter Domus, a leading provider of integrated solutions for the alternative investment industry, today announced it has appointed Gus Harris, Head of AD Data & Analytics, to its Group Executive Board
July 14, 2022 17:15
Celsius Network Initiates Financial Restructuring to Stabilize Business and Maximize Value for All Stakeholders
Celsius Network (“Celsius” or “the Company”) today announced that it initiated voluntary Chapter 11 proceedings to provide the Company with the opportunity to stabilize its business and consummate a c
July 14, 2022 16:20
DriveWealth Global Investor Study: Millennials Move Beyond Meme Stocks, Demand More Choices as Trading Remained High Despite Market Lows
DriveWealth, LLC, a global fintech investment rail and pioneer in fractional investing, today released its new DriveTrends study, “The Year of The Millennial Trader: Trading Remained Trendy Despite Ma
July 13, 2022 17:45
Lightspeed Raises Over $7 Billion to Fund Early and Growth-Stage Entrepreneurs Around the Globe
Lightspeed Venture Partners (“Lightspeed”) today announced the closing of Lightspeed Venture Partners XIV-A/B, L.P. (“Fund XIV”) with $1.98 billion, Lightspeed Venture Partners Select V, L.P. (“Select
Personetics provide personalized insights to regional bank customers partners with Japan’s leading innovator in digital banking, iBank
July 13, 2022 17:40
Personetics provide personalized insights to regional bank customers partners with Japan’s leading innovator in digital banking, iBank
Personetics, the leading global provider of financial data-driven personalization and customer engagement solutions for financial institutions, today announced a new partnership with iBank Marketing C
July 12, 2022 13:30
Whiskey & Wealth Club Wins Landmark Dismissal and Retraction of False Allegations by Texas State Securities Board
In a rare securities law u-turn in the United States, the Texas State Securities Board has dismissed its own case against the Whiskey & Wealth Club. The Securities Commissioner delivered a landmark
July 12, 2022 11:20
BAI Opens Nominations for the 2022 Global Innovation Awards Honoring Financial Leaders and Organizations Making a Significant Impact on Financial Services
For the 12th year, BAI, a nonprofit independent organization that delivers the financial services industry’s most actionable insights, is celebrating innovative achievements in the financial services
July 11, 2022 11:10
EIG Completes Distribution of Harbour Energy plc Shares
EIG, a leading institutional investor to the global energy and infrastructure sectors, today announced that it has distributed shares of Harbour Energy plc (HBR.L or the “Company”) held by Harbour Nor
July 07, 2022 13:30
MSCI Schedules Earnings Call to Review Second Quarter 2022 Results
MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, announced today it will release its results for the second quarter 2022
July 06, 2022 11:15
True Global Ventures Closes New US$146m Follow On Fund, with GP Commit of US$62m to Invest Into Late Stage Web3 Winners
True Global Ventures 4 Plus (TGV4 Plus) Fund today announces its first closure of its US$146m Follow On Fund. The TGV4 Plus Follow On Fund has a group of 15 General Partners (GP), who lead the fund
June 30, 2022 16:00
Europ Assistance Group Chooses Akur8 to Strengthen Its Pricing Process
Europ Assistance Group and Akur8 are delighted to announce their collaboration to strengthen Europ Assistance‘s pricing process for its Travel Insurance and Car Assistance programs. By joining forces
June 30, 2022 15:30
Molpus Woodlands Group Purchases 117,773 Acres in East Texas and Northwest Louisiana
The Molpus Woodlands Group, LLC (Molpus), a timberland investment management organization headquartered in Jackson, Mississippi, has, on behalf of a client, successfully purchased approximately 117,77
June 29, 2022 14:45
EIG Hires De La Rey Venter as CEO of MidOcean Energy
EIG, a leading institutional investor to the global energy and infrastructure sectors, today announced that De la Rey Venter has joined the firm as Chief Executive Officer of MidOcean Energy (“MidOcea
June 28, 2022 10:30
Walton Global Makes Distributions of $137 Million to its Investors during Second Quarter 2022
Walton Global, a real estate investment and land asset management company with US $3.6 billion under management, announced distributions made to investors will total more than US $137 Million in the s
June 28, 2022 09:50
Molpus Woodlands Group Announces New President and Enhancements in its Senior Leadership Team
The Molpus Woodlands Group, LLC (Molpus) today announced Terrell Winstead will become Molpus’s new President on August 1, 2022. Bob Lyle, Molpus’s current President, will transition from day-to-day ma
June 27, 2022 14:30
MSCI 2022 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 2022 Market Classification Revie
June 24, 2022 14:08
Blackstone Completes Acquisition of Crown Resorts in the Firm’s Largest Investment to Date in Asia
Blackstone (NYSE: BX) today announced that real estate funds and private equity funds managed by Blackstone (“Blackstone”) have completed the acquisition of Crown Resorts Limited (“Crown”) in the larg
June 17, 2022 14:45
Mythical Games Announces Partnership with Leading South Korean Gaming Publisher Kakao Games as Part of APAC Expansion
Next-generation blockchain gaming studio Mythical Games has announced a partnership with Kakao Games, South Korea’s leading publisher of online and mobile games. Moving forward, Mythical will integrat
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