The RMR Group to Acquire Tremont Realty Capital
- 8 years 5 months ago
- M&A Deals
The RMR Group Inc announced the acquisition of the business of Tremont Realty Capital LLC, or Tremont, a firm that specializes in commercial real estate finance. Tremont principally raises debt and equity capital for owners of commercial real estate and serves as a manager of funds invested in commercial real estate loans. Since its founding in 2000, Tremont has completed over $4.6 billion worth of commercial real estate transactions and...
TIAA Reports Acquisition of EverBank
- 8 years 5 months ago
- M&A Deals
TIAA, a leading financial services provider, announced today an agreement to acquire EverBank, a nationwide consumer and commercial bank with $27.4 billion in total assets. This acquisition significantly expands TIAA’s banking and lending products and complements the company’s full suite of retirement, investment and advisory services available to help customers achieve financial well-being.
Calvert Investments Introduces Calvert Energy Research Index
- 8 years 5 months ago
- Investment Management
Calvert Investments launched the Calvert Energy Research Index (CALNRG), which marks the seventh addition to the firm’s growing suite of responsible indexes and its second research index. The new index focuses on investing in companies that manage either energy use in a sustainable manner or that are actively engaged in facilitating the transition to a more sustainable economy through the reduction of greenhouse gas emissions and the expanded...
NICE Releases Scenario Analyzer
- 8 years 5 months ago
- BPM, Infrastructure
NICE announced the launch of Scenario Analyzer, which allows organizations to conduct precise, in-depth analysis of various business challenges related to the cross-channel customer journey. Some specific business use cases that can be addressed include:
Technavio Investigates Top Three Trends Impacting the Global Mobile Payment Security Software Market
- 8 years 5 months ago
- Payments, Security
Technavio’s latest report on the global mobile payment security software market provides an analysis on the most important trends expected to impact the market outlook from 2016-2020. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.
LSEG: UnaVista Unveils MiFIR Transaction Reporting Test Environment
- 8 years 5 months ago
- Compliance
London Stock Exchange Group announced today that UnaVista, their award winning MiFID Approved Reporting Mechanism (ARM), has made user acceptance testing (UAT) available for MiFIR transaction reporting 17 months ahead of expected go-live. MiFIR transaction reporting, expected to go-live in January 2018, is replacing the existing MiFID reporting regime with an expanded scope and field list. Reporting firms will need to report up to 65 fields to...
Pacific City Financial Corporation Closes $15.3 Million Private Placement of Common Stock
- 8 years 5 months ago
- Investment Management
Pacific City Financial Corporation, the holding company of Pacific City Bank, today announced the closing of a private placement to accredited investors totaling $15.3 million of common stock. The proceeds from the capital raise will be used for general corporate purposes, including supporting the growth of Pacific City Bank. In the private placement, the Company issued 1,273,000 shares of common stock, no par value, at a price of $12.00 per...
Regions Financial Names Rick Ulmer President and CEO of Regions Insurance Group
- 8 years 5 months ago
- People Moves
Regions Financial has named Rick Ulmer President and CEO of Regions Insurance Group, Inc. with responsibility for Regions Insurance operations in 10 states. Regions Insurance Group, Inc.
StepStone Infrastructure and Real Assets Group Completes Integration
- 8 years 5 months ago
- Asset Management, Infrastructure
StepStone Group, a leading global private markets asset management and advisory firm, today announced that the expanded StepStone Infrastructure and Real Assets Group (“SIRA”) is now fully integrated into the firm and actively conducting business for StepStone clients. In May, StepStone announced that KPMG’s Infrastructure and Real Assets Investment Advisory Team would join StepStone.
Wells Fargo Increases Presence in Maine with New Office in Portland
- 8 years 5 months ago
- Banking
Wells Fargo & Company, the nation’s No. 1 lender to middle market companies, announced today that Portland will be home to its newest Middle Market Banking office, staffed with local, senior relationship managers who will serve Maine companies statewide. The Portland team will offer a full suite of commercial banking products and services, including commercial and real estate loans, treasury management, global banking, foreign exchange, and...
Metamako Appoints Kevin Covington CEO As Growth Escalates
- 8 years 5 months ago
- People Moves
Metamako, the leading specialist in deterministic network devices for the world’s financial institutions, announced today that it has expanded its team and appointed Kevin Covington CEO. Since the company’s launch at the end of 2013, Metamako’s presence worldwide has been increasing quickly and steadily.
Tullett Prebon Acquires CME Hybrid Trading Technology
- 8 years 5 months ago
- M&A Deals
Tullett Prebon, one of the world’s leading interdealer brokers, announces the acquisition from CME of a long term licence of a functionally rich hybrid trading technology. Tullett Prebon already utilises this proven technology widely across the group and now plans to develop it in-house to provide bespoke, proprietary, customer-facing capabilities, offering its clients a choice of trading methodologies including RFQ, CLOB and volume matching.
Technology Companies and Financial Institutions Opt Visa Direct for Real Time Payments
- 8 years 5 months ago
- Payments, Infrastructure
Visa announced that more companies in the United States are choosing Visa Direct to expand their real-time payment services. Visa Direct is a payments platform designed to allow financial institutions, developers and partners to offer secure real-time1 person-to-person (P2P) payments and business disbursements such as insurance claims payments, contractor payments, tax refunds and many other forms of business payment services.
KKR, Warburg Pincus, Farallon and Capital Group Private Markets Invest in GO-JEK
- 8 years 5 months ago
- Investment
A consortium of global investment firms announced today the signing of definitive agreements to make a substantial investment in GO-JEK, Indonesia’s leading on-demand mobile platform. This equity capital raise of over $550 million, which represents the company’s latest round of financing, is comprised of leading investors including KKR, Warburg Pincus, Farallon Capital and Capital Group Private Markets, as well as existing shareholders and other...
VUE Software Enters Asia-Pacific Market with Aviva
- 8 years 5 months ago
- Payments, Infrastructure
VUE Software announced that Aviva Financial Advisers, based in Singapore, has selected VUE Software for their industry-leading VUE Distribution Compensation module. This marks VUE Software's entry into the Asia-Pacific region.
