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Swirlds Unveils SDK to Build Serverless, Secure Apps in the Cloud

Swirlds, building the trust layer for the internet, today released the Software Development Kit (SDK) for the 

Thursday, August 11, 2016 - 14:05
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LCM Partners Shortlisted for Fixed Income Boutique Manager of the Year

LCM Partners is delighted to announce that it has been shortlisted in Financial News' 15th annual Awards for Excellence, Institutional Asset Management, Europe.  

The company has been nominated in the 'Fixed Income Boutique Manager of the Year' category with the winner being announced in October.  As a new award category added this year, LCM is honoured to be one of the first Investment Managers selected by Financial News to represent this asset class.  

Thursday, August 11, 2016 - 14:03
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4finance Acquired TBI Bank in Bulgaria

4finance Holding S.A. (the “Group”), one of Europe’s largest online and mobile consumer lending groups, has completed the purchase of TBI Bank EAD through the acquisition of 100% of TBIF Financial Services B.V. (“TBI” or the “Bank”) from its parent company, Kardan N.V., following receipt of all regulatory approvals.

The total consideration comprises a sum of approximately EUR 69 million, which was paid on closing, plus an adjustment to be paid based on the reviewed results of the acquired assets since 1 January 2016.

Thursday, August 11, 2016 - 14:01
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OnDeck Appoints Gagan Kanjlia as a Leader of Product Group

OnDeck® announced the appointment of Gagan Kanjlia as Senior Vice President of Product. In the new role, Kanjlia will lead product design and channel management and oversee strategic business initiatives as OnDeck continues its focus on providing small businesses a complete credit solution, delivered simply online, with outstanding customer service.

Thursday, August 11, 2016 - 13:53
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What is a Bank Trust Account?

In most banks, trust accounts are offered as an option, and it comes with the possibility of controlling the funds and holding funds for specific purposes, such as paying for an exact bill. It is also an account for savings where you can administer the funds for the benefit of an individual or a group.

The bank trust account is used mostly to control assets on behalf of a third-party owner. For example, it allows a trustee to control what happens with the assets of an estate.

Thursday, August 11, 2016 - 13:51
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CIT Group Appoints Darrin Beer as Western Regional Sales and Portfolio Manager

CIT Group Inc, a leading provider of commercial lending and leasing services, today announced that CIT Commercial Services appointed Darrin Beer as Western Regional Sales and Portfolio Manager. In this role, Beer will lead CIT Commercial Services activities in the Western United States. He will continue to be based in Los Angeles and report to Marc Heller, President of CIT Commercial Services.

Thursday, August 11, 2016 - 13:43
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Scott Fisher Joins Treliant Risk Advisors as Managing Director, Chief Revenue and Strategy Officer

Treliant Risk Advisors is pleased to announce that Scott Fisher has joined the firm as Managing Director, Chief Revenue and Strategy Officer. Scott brings to the firm a depth of knowledge and range of skills developed over 30 years in executive positions at major US banks, including First Niagara Financial Group and Wachovia National Bank. At Treliant, Scott will direct sales strategy and business development.

Thursday, August 11, 2016 - 13:38
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Monroe Capital LLC Boosts Credit Facility to Cal Net Technology

Monroe Capital LLC today announced an increase in the credit facility to Cal Net Technology Group (“Cal Net”) to support the acquisition of inhouseIT, Inc. (“inhouseIT”). Cal Net is a portfolio company of Boathouse Capital and Olympic Valley Capital.

Thursday, August 11, 2016 - 13:24
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FIS Completes of Amendments to Existing Credit Facility and Term Loan Agreement

FIS™, a global leader in financial services technology, today announced the completion of an amendment and restatement of its existing credit agreement and an amendment of its existing term loan agreement.

Thursday, August 11, 2016 - 13:09
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KKR Releases Eco-Innovation Award for KKR portfolio companies

In the spirit of innovation and value creation, KKR, a leading global investment firm, today announced the launch of the Eco-Innovation Award for KKR portfolio companies as part of the Firm’s Green Solutions Platform(GSP), a global effort to identify, supp

Thursday, August 11, 2016 - 13:00
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