12/31/2024
Manulife Investment Management Announces Final Reinvested Capital Gains
Distributions for Manulife Exchange Traded Funds and ETF Series of Manulife Funds
Alternative Investments
12/31/2024
Manulife Investment Management Announces Final Reinvested Capital Gains
Distributions for Manulife Exchange Traded Funds and ETF Series of Manulife Funds
12/31/2024
Statement of CFPB Director Rohit Chopra, Member, FDIC Board of Directors, on Developments Regarding Large Asset Manager Ownership of Banks
Federal law also blocks bank insiders, including major shareholders, from getting special rates that are unavailable to others.
12/31/2024
Raymond James upgrades American Airlines to 'outperform'
Competitive domestic capacity and planned cabin reconfigurations should help align supply with price-sensitive demand.
12/30/2024
Drama-Prone Fintechs Face Mixed Regulatory Environment in 2025
The incoming US administration has made financial deregulation a policy priority for the next four years, and the future of the powerful Consumer Financial Protection Bureau is in question.
12/30/2024
Bank of America Announces Full Redemption of Its Series MM Preferred Stock and Related Depositary Shares
The Depositary Shares will be redeemed simultaneously with the Preferred Stock on the upcoming dividend payment date on January 28, 2025
12/30/2024
CI Global Asset Management Announces Confirmed Annual Reinvested Capital Gains Distributions for CI ETFs
Each of the CI ETFs is required to distribute net income and capital gains earned during the year.
12/27/2024
Canadian Imperial Bank of Commerce stock falls Monday, underperforms market
Canadian Imperial Bank of Commerce closed C$3.19 below its 52-week high of C$95.50, which the company reached on December 11th.
12/27/2024
Downing & Co. Elevates Financial Legacy With Expert Estate Planning Services in Portland
The firm offers specialized estate planning services, designed to ensure their clients' wealth is preserved and passed down seamlessly to future generations.
12/24/2024
MetLife to Buy Li’s PineBridge in Asset Management Push
MetLife will also pay $200 million subject to achieving certain financial goals in 2025, and an additional $200 million subject to a multiyear earnout.
12/24/2024
Sia Partners secures €250 million in funding from Blackstone
Following 25 years of privately-funded growth, Sia Partners has turned to the world of private equity to fast-track its future growth ambitions.
12/23/2024
Hedge Funds Cut Nuclear Technology Exposure After 'Hard' Rally
Money managers remain positive about sector’s long-term future as demand for clean energy picks up.
12/21/2024
State Street Announces Three Additional Bank Partnerships to Support Minority Depository Institutions and Community Development Financial Institutions
Latest placements mark the completion of the firm’s $100 million initiative that launched earlier in 2024
12/20/2024
Setting up a business in the United States
The US has a uniquely large and affluent domestic market that makes it attractive to businesses worldwide.
12/20/2024
CAPTRUST Welcomes Campbell Wealth Management & TruNorth Wealth Partners
Campbell is unapologetically a growth-minded organization, just like CAPTRUST.
12/19/2024
Captrust Adds $1.97B in Double Deal
Captrust has acquired Virginia-based Campbell Wealth Management and St. Paul, Minn.-based TruNorth Wealth Partners.
12/19/2024
Summit Financial Finishes 2024 Strong with Minority Stake in Gordon Asset Management, Representing Over $1.3 Billion in Combined Advisory and Retirement Plan Assets
Summit amplifies presence in the Southeast, bolstering expertise in qualified retirement plans
12/18/2024
Payroll provider remote enables companies to pay contractors with stablecoins
Contractor management is one of the fastest-growing capabilities of the Remote platform as businesses shift toward tapping global talent pools and adopting more flexible workforce models.
12/18/2024
Corient to Acquire H.M. Payson, Maine’s Largest Registered Investment Advisor
Portland-based firm with $7.9 billion in assets and 170-year legacy to join Corient, expanding its presence in the U.S. Northeast
12/18/2024
MA Asset Management announces the launch of interval fund MA Specialty Credit Income Fund (SCISX)
The Fund aims to deliver attractive risk-adjusted returns through various market cycles while providing daily pricing, monthly income distributions and quarterly repurchases.