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Interactive Brokers Launches Securities Lending Dashboard
Lending News

Interactive Brokers Launches Securities Lending Dashboard

Business Wire
by Business Wire0
New Tool Helps Better Inform Short Traders Interactive Brokers, an automated global electronic broker, announced the launch of the Securities Lending Dashboard designed to help clients assess the short-selling activity for specific securities and inform trading decisions. The new Securities Lending Dashboard allows sophisticated individual and institutional investors, including hedge......
Middle-Income Americans’ Credit Card Usage, Debt on Rise
Finance News

Middle-Income Americans’ Credit Card Usage, Debt on Rise

Business Wire
by Business Wire0
Despite current high cost of living, families slightly more optimistic about future than year ago. Primerica, a leading provider of financial services in the United States and Canada, released the Middle-Income Financial Security Monitor for the second quarter of 2023 — a national survey that measures changes in the sentiments......
Ault Alliance Is Exploring Initiative to Distribute Special Dividend Payable in Bitcoin
Digital Payments News

Ault Alliance Is Exploring Initiative to Distribute Special Dividend Payable in Bitcoin

Business Wire
by Business Wire0
Ault Alliance, a diversified holding company, announced that it plans to explore a pathway that will allow it to issue a special dividend payable in Bitcoin to stockholders. The Company intends to collaborate with regulatory authorities, its transfer agent and others, which may include a trusted custodian, to determine what......
Customers Bank Onboards Former Signature Venture Banking Team
Banking Finance News

Customers Bank Onboards Former Signature Venture Banking Team

Business Wire
by Business Wire0
Customers Bank, the $21 billion asset subsidiary of Customers Bancorp, announced it has completed the onboarding of a nearly 30-member venture banking team formerly employed by Signature Bank. Initially, this team will handle the transfer and servicing of about 150 loans in Customers Bank’s recently acquired $631 million venture banking......
First Bank and Malvern Bancorp, Announce Receipt of Regulatory Approvals for Strategic Combination
Banking News

First Bank and Malvern Bancorp, Announce Receipt of Regulatory Approvals for Strategic Combination

GlobeNewswire
by GlobeNewswire0
First Bank and Malvern Bancorp, the parent company of Malvern Bank, National Association (“Malvern Bank”), announced receipt of regulatory approvals from the Federal Deposit Insurance Corporation, the New Jersey Department of Banking and Insurance and the Pennsylvania Department of Banking and Securities, as well as non-objection from the Board of......
GTJAI Brought ESG Considerations into its Credit Risk Policy
Lending News Risk Management

GTJAI Brought ESG Considerations into its Credit Risk Policy

Business Wire
by Business Wire0
Guotai Junan International Holdings Limited announced that the Group has incorporated ESG risk factors into its Newest Credit Risk Policy to control and manage the ESG risks at the business operation level more efficiently. Latest Fintech Interview : Global Fintech Interview with Anndy Lian, Intergovernmental Blockchain Expert, Partner at Blockchain Technology The......
Sonida Senior Living Strengthens Financial Position and Enhances Leadership Team
Fintech News

Sonida Senior Living Strengthens Financial Position and Enhances Leadership Team

Business Wire
by Business Wire0
Completes initial phase of debt restructuring covering 49 assets financed by Fannie Mae and Ally Bank Fannie Mae agreement will result in approximately $40 million of additional free cash flow over the next three years Conversant Capital, Sonida’s largest shareholder, provides $13.5 million equity commitment, available to Sonida at its......
Community Bank System, Announces CEO Succession Plan
Banking News

Community Bank System, Announces CEO Succession Plan

Business Wire
by Business Wire0
Community Bank System, announced that Mark E. Tryniski will retire as the Company’s President and Chief Executive Officer (“CEO”) effective as of December 31, 2023. Since August 2006, Mr. Tryniski has served as the President, CEO and Director of the Company and its wholly owned banking subsidiary, Community Bank, N.A.......
Catalent Provides Business Update and Names Ricky Hopson as Interim Chief Financial Officer
Fintech News

Catalent Provides Business Update and Names Ricky Hopson as Interim Chief Financial Officer

Business Wire
by Business Wire0
Catalent, the leader in enabling the development and supply of better treatments for patients worldwide, announced a business update. While complete financial information and operating data for the Company’s third fiscal quarter ended March 31, 2023 are not yet finalized, the Company expects that productivity issues and higher-than-expected costs experienced......
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