Tag : Financial Corporation

Peapack Private Expands Specialty Lending Capabilities with Launch of Yacht Financing Business
Banking Finance News

Peapack Private Expands Specialty Lending Capabilities with Launch of Yacht Financing Business

GlobeNewswire
by GlobeNewswire0
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private announced today its entrance into the yacht financing business, further expanding the Bank’s suite of customized lending solutions for high-net-worth individuals, families and their advisors. As part of the launch, Peapack Private has hired industry veterans, Jim Velez, and......
Bakari Sellers Joins the Boards of Optus Financial Corporation and Optus Bank
Banking Finance News

Bakari Sellers Joins the Boards of Optus Financial Corporation and Optus Bank

EIN Presswire
by EIN Presswire0
Optus Financial Corporation, the parent company of Optus Bank, today announced the appointment of Bakari Sellers to the Boards of Directors of both Optus Financial Corporation and Optus Bank, effective immediately. A South Carolina native and distinguished attorney, nationally recognized author, CNN political commentator, and former South Carolina state legislator,......
Oportun and Column Announce New Lending Partnership to Expand Access to Responsible Credit
Finance News

Oportun and Column Announce New Lending Partnership to Expand Access to Responsible Credit

GlobeNewswire
by GlobeNewswire0
Oportun Financial Corporation (Nasdaq: OPRT), a mission-driven financial services company that puts its members’ financial goals within reach, today announced a lending partnership with Column N.A. to support Oportun’s unsecured personal loan program. Column, a nationally chartered bank that provides regulated financial infrastructure for technology companies, will originate unsecured personal......
Wintrust to Purchase Northern Trust Guardianship Services Business
Finance News

Wintrust to Purchase Northern Trust Guardianship Services Business

GlobeNewswire
by GlobeNewswire0
Northern Trust Corporation (NASDAQ: NTRS) and Wintrust Financial Corporation (NASDAQ: WTFC) today announced that Wintrust Private Trust Company, N.A., has entered into an agreement to purchase the guardianship services business of Northern Trust. The transaction is expected to close later this year. Terms of the transaction were not disclosed. Guardianship......
Lendbuzz Welcomes Steve Linehan to Board of Directors
Fintech News

Lendbuzz Welcomes Steve Linehan to Board of Directors

Business Wire
by Business Wire0
Lendbuzz, an AI-based fintech company that helps consumers obtain better access to credit when purchasing a vehicle, is proud to announce Stephen Linehan has joined its board of directors, serving in the role of chairman of the audit committee. Mr. Linehan brings over forty years of experience in the financial......
First American Financial Corporation Provides Update on Cybersecurity Incident
Finance Fintech News

First American Financial Corporation Provides Update on Cybersecurity Incident

Business Wire
by Business Wire0
First American Financial Corporation has experienced a cybersecurity incident. In response, the company has temporarily taken certain systems offline and is working to return to normal business operations as soon as possible Fintech Insights: Hyper-personalization in Banking: The Tech Journey to Serving a Segment of One First American Financial Corporation is......
Muthoot Fincorp Limited Announces New NCDs, Aims to Raise ₹225 Crores
Digital Payments News

Muthoot Fincorp Limited Announces New NCDs, Aims to Raise ₹225 Crores

PR Newswire
by PR Newswire0
Muthoot FinCorp Limited (“Company”), the flagship company of the 136-year-old Muthoot Pappachan Group (Muthoot Blue) has announced the XVI Tranche II series of secured, redeemable, non-convertible debentures (“NCDs”) to raise an amount aggregating up to ₹225 crores, which is within the shelf limit of ₹1,100 crore. The second tranche issuance......
Home Capital Announces Receipt of Final Regulatory Approvals and Expected Closing Date for Acquisition by Smith Financial Corporation
Fintech Lending News

Home Capital Announces Receipt of Final Regulatory Approvals and Expected Closing Date for Acquisition by Smith Financial Corporation

Business Wire
by Business Wire0
Home Capital Group is pleased to announce that the required regulatory approvals under the Bank Act (Canada) and Trust and Loan Companies Act (Canada) have been granted by the Federal Minister of Finance in respect of the previously announced acquisition of Home Capital by a wholly owned subsidiary of Smith Financial Corporation (“SFC”)......
AM Best Affirms Credit Ratings of Members of Northbridge Financial Corporation
Finance News

AM Best Affirms Credit Ratings of Members of Northbridge Financial Corporation

Fintech News Desk
by Fintech News Desk0
AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) of the members of Northbridge Financial Corporation (Northbridge), which include Federated Insurance Company of Canada (Manitoba, Canada), Northbridge General Insurance Corporation, Zenith Insurance Company and Verassure Insurance Company. The outlook of......
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