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















