02/22/2023
BMO Financial Group and BNP Paribas Announce Global Commercial Agreement
This bi-lateral agreement between the two groups will provide commercial banking clients with continuity of service, leasing services and global coverage
Alternative Investments
02/21/2023
Higher Interest Rates Fuel Sale-Leaseback Activity
The rates on sale-leasebacks are attractive compared to financing terms some middle market companies can get from other sources.
02/21/2023
A New Retirement Plan for Millions of Americans Ready for Something Different
U.S. career professionals expect better from their 401(k) plans. But they’re not getting it.
02/20/2023
Hedge fund Galois Capital shutters business after FTX losses
Zhou also said: “Although this is the end of an era for Galois, the work we have done together for the past few years has not been in vain.
02/20/2023
Europe in vogue for fixed income investors
The positive flows into European managers mark a change in fortunes from last year, where total net outflows for the year stood at $320 billion (€299.4 billion).
02/17/2023
Mercer International Inc. reports fourth quarter and year end 2022 results
In the fourth quarter of 2022, net income was $20.0 million
02/17/2023
TD Bank Group Included in 2023 Bloomberg Gender-Equality Index
The GEI drives transparency and progression in gender equity at public companies
02/17/2023
IG Wealth Management Announces Wind-up of Corporate Class Mutual Funds Français
Changes to tax legislation and evolving market trends have eliminated many of the benefits that were previously available to corporate class funds.
02/17/2023
Three Teams Managing More Than $600 Million Join Cetera Advisors LLC
Industry-leading teams depart OneAmerica to join Totus Wealth Management amid continued growth
02/16/2023
Regions Bank and CRE FinTech Blooma Collaborate to Modernize Lending Workflow
Digital underwriting platform powered by artificial intelligence streamlines CRE lending.
02/16/2023
First Miami Bank to be acquired for roughly $116M
This would mark United Community Banks’ second acquisition of 2023. Its purchase of Huntsville, Alabama-based Progress Financial closed in January.
02/16/2023
Sequoia Financial Group to Acquire Zeke Capital Advisors, Forming Wealth Manager With $15 Billion in Client Assets
The acquisition will double the size of Sequoia's Family Wealth practice, both in assets under management and in client households, with the combined teams offering a full suite of services to ultra-high-net-worth families and institutions.
02/15/2023
US equity rally stalls as Fed stays the course
But Fed officials, too, have been hinting that a higher end point for interest rates may be necessary given the recent robust jobs data, which showed the unemployment rate falling to a 53-year low in January.
02/15/2023
Focus Shareholders ‘Frustrated’ by PE Firm’s Offer
Some shareholders say the $4.1 billion price tag for Focus Financial is too low and doesn’t reflect the trajectory and future of the business—and many hope for a way to remain invested.
02/15/2023
Charlotte-based Bragg Financial Advisors earns top rank for mutual fund
U.S. News & World Report recently ranked Bragg Financial's Queens Road Small Cap Value Fund at No. 1 of 461 small value funds nationwide.
02/14/2023
Wall Street’s Mutual Fund-to-ETF Magic Trick Is Failing to Wow
By converting an existing fund, issuers hope to bring an established track record and assets to the ETF market, giving each strategy a head start.
02/13/2023
Hightower Makes Strategic Investment in Bickling Financial Services
Founded in 1984, the firm, which has approximately $625 million in assets under management and three offices in Massachusetts, provides full-service wealth management to individuals and families
02/13/2023
Capital One, Bank of America top financial firms winning the most patents in 2022
Capital One Financial received the most patents of any financial company in 2022 with 708 patents in 2022.
02/10/2023
Risk Strategies buys Ladmar Group
The firm also offers Medicare products in the small employer and individual market.
02/10/2023
Apollo Reports Fourth Quarter and Full Year 2022 Results
We generated record fee related earnings, record normalized spread related earnings, and record organic inflows as our clients recognized our differentiated investing capabilities and entrusted us with their capital.