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KBRA Releases Research – From Origination to Stabilization: Can CRE CLOs Bridge the Gap?

Lastest from Businesswire - Mon, 03/31/2025 - 11:08
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research analyzing recent vintage loans in commercial real estate (CRE) collateralized loan obligations (CLO). CRE CLO issuance reached $8.4 billion year-to-date (YTD) through Q1 2025—nearly matching the total volume for all of last year. At this pace, annual issuance could exceed all prior years, except 2021’s $45 billion. This would represent a strong turnaround from the recent low of $6.7 billion in 2023. As CRE CLO issuance looks to regain its footin

Principal Asset Management℠ Appoints Matthew Peron as Deputy CIO of Equities

Lastest from Businesswire - Mon, 03/31/2025 - 11:08
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Asset ManagementSM, the investment management unit of Principal Financial Group®, appointed Matthew Peron as Deputy CIO of Equities and Portfolio Manager, a newly established role aimed at further strengthening the equities platform, optimizing performance, and fostering innovation across global equity strategies at Principal. In this leadership role, Peron will serve as a strategic partner to George Maris, chief investment officer and global head of

COOP Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Mr. Cooper Group Inc. Is Fair to Shareholders

Lastest from Businesswire - Mon, 03/31/2025 - 11:08
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Mr. Cooper Group Inc. (NASDAQ: COOP) to Rocket Companies for 11.0 Rocket shares for each share of Mr. Cooper common stock is fair to Mr. Cooper shareholders. Upon completion of the proposed transaction, Mr. Cooper shareholders will own approximately 25% of the combined company. Halper Sadeh encourages Mr. Cooper shareholders to click here to learn more about their legal rights and opti

KBRA Assigns Preliminary Ratings to PMT Loan Trust 2025-INV4 (PMTLT 2025-INV4)

Lastest from Businesswire - Mon, 03/31/2025 - 11:08
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 62 classes of mortgage backed notes from PMT Loan Trust 2025-INV4 (PMTLT 2025-INV4), a prime RMBS transaction sponsored by PennyMac Corp. (PennyMac), an indirect, wholly-owned subsidiary of PennyMac Mortgage Investment Trust (PMT). PMTLT 2025-INV4 comprises 993 fixed-rate mortgages (FRMs) with an aggregate principal balance of $355,517,432 as of the April 1, 2025 cut-off date1. The underlying pool consists of agency-eligible loans t

Point B Appoints Consulting Veteran David Hanfland as Chief Executive Officer

Lastest from Businesswire - Mon, 03/31/2025 - 11:08
SEATTLE--(BUSINESS WIRE)--Business innovation firm Point B announced today that David Hanfland will join its leadership team as Chief Executive Officer.

Sundara Partners Completes Sale of Airbrasive Jet Technologies to Private Investor

Lastest from Businesswire - Mon, 03/31/2025 - 11:08
NEW YORK--(BUSINESS WIRE)--Sundara Partners announced today that it has successfully completed the sale of its portfolio company, Airbrasive Jet Technologies.

Popular, Inc. to Report First Quarter Results and Hold Conference Call on Wednesday, April 23, 2025

Lastest from Businesswire - Mon, 03/31/2025 - 11:08
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (NASDAQ:BPOP) announced today that it expects to report its financial results for the first quarter ending March 31, 2025, before the market opens on Wednesday, April 23, 2025. Popular will hold a 60-minute conference call to discuss the financial results the same day at 11:00 a.m. Eastern Time. The call will be broadcast live over the Internet and can be accessed through the investor relations section of the Corporation’s website: www.popul

Pioneer Closed-End Funds Required Notice to Shareholders Sources of Distribution Under Section 19(a)

Lastest from Businesswire - Mon, 03/31/2025 - 11:08
BOSTON--(BUSINESS WIRE)--The following closed-end funds reported sources of distribution for March and this fiscal year to date. Distribution Period: March 2025 Ticker Taxable Fund Distribution Amount Per Share PHD Pioneer Floating Rate Fund, Inc. $0.0750       Ticker Tax-Exempt Fund Distribution Amount Per Share MIO Pioneer Municipal High Income Opportunities Fund, Inc. $0.0500 The following tables set forth estimates of the character of the current distribution and the cumulative distribution

Banner Corporation Announces First Quarter 2025 Conference Call and Webcast

Lastest from Businesswire - Mon, 03/31/2025 - 11:08
WALLA WALLA, Wash.--(BUSINESS WIRE)--Banner Corporation (NASDAQ: BANR) (“Banner”), the parent company of Banner Bank, today announced that it will report its first quarter results after the market closes on Wednesday, April 16, 2025. Management will host a conference call on Thursday, April 17, 2025, at 8:00 a.m. PT (11:00 a.m. ET) to discuss the results. The call will also be broadcast live via the internet. Interested investors may listen to the call live at www.bannerbank.com. Investment pro

Fifth Third Small Business Catalyst Fund Awards Nearly $250,000 in Grants

Lastest from Businesswire - Mon, 03/31/2025 - 11:08
CINCINNATI--(BUSINESS WIRE)--Nearly 50 small businesses across the U.S. have been awarded $5,300 grants from the Fifth Third Small Business Catalyst Fund to help them grow.

Wilson Sonsini Expands Elite Antitrust Practice with Prominent Attorneys Bonnie Lau and Brian J. Smith

Lastest from Businesswire - Mon, 03/31/2025 - 11:08
SAN FRANCISCO & CHICAGO--(BUSINESS WIRE)--Wilson Sonsini Goodrich & Rosati, the premier provider of legal services to technology, life sciences, and growth enterprises worldwide, is pleased to announce the addition of prominent antitrust attorneys Bonnie Lau and Brian J. Smith as partners in the firm’s Regulatory and Compliance Department. Lau, who joins from Morrison & Foerster, will be based in San Francisco, while Smith, formerly with K&L Gates, will be in Chicago. Both will prov

Radiant Credit Union Offers Investment Services with Unifimoney

Lastest from Businesswire - Mon, 03/31/2025 - 11:08
AUSTIN, Texas--(BUSINESS WIRE)-- #creditunions--Unifimoney, the leading investment platform as a service, announced today that Radiant Credit Union, a not-for-profit financial institution proudly serving the north-central Florida community since 1957, has added the Unifimoney platform to its already robust suite of digital financial products and services. As an institution that constantly pursues new technology to keep up with evolving financial trends and exceed member expectations, Radiant views Unifimoney a

Dow Jones Launches Premium News Product for Risk & Compliance Professionals

Lastest from Businesswire - Mon, 03/31/2025 - 11:08
NEW YORK--(BUSINESS WIRE)--Dow Jones today announced the launch of Dow Jones Risk Journal, a premium news solution from its risk and compliance business providing personalized and actionable insights to enable leaders to manage risk and make informed business decisions. Dow Jones Risk Journal provides comprehensive news and intelligence from a dedicated newsroom of expert journalists who specialize in covering risk and compliance issues, as well as in-depth and nuanced analysis of regulations a

Level All Surpasses 100,000 Users, Accelerates Growth With New and Expanded Partnerships

Lastest from Businesswire - Mon, 03/31/2025 - 11:08
NEW YORK--(BUSINESS WIRE)-- #career--Level All surpasses 100K users, expands partnerships, and launches new content, tools, and videos to enhance career and college readiness for all.

Travelers Announces 2025 Personal Insurance Agent of the Year Award Honorees

Lastest from Businesswire - Mon, 03/31/2025 - 11:08
HARTFORD, Conn.--(BUSINESS WIRE)--The Travelers Companies, Inc. (NYSE: TRV) today announced the 2025 Agent of the Year Award honorees, recognizing a select group of Personal Insurance independent agents for their outstanding customer service, dedication to their communities, long-term profitable growth and commitment to Travelers. Recipients were recently recognized at the Travelers annual leadership conference for top independent agents and brokers. “Independent agents are the backbone of our

BlackRock Launches High Yield Municipal Interval Fund with 5.75% Tax-Exempt Yield

Lastest from Businesswire - Mon, 03/31/2025 - 11:08
NEW YORK--(BUSINESS WIRE)---- $MUNEX--BlackRock Advisors, LLC announced today the launch of BlackRock Municipal Credit Alpha Portfolio, Inc. (“Interval Fund” or “Fund”), expanding its suite of interval funds providing alternative investment solutions for retail wealth clients. The Fund seeks to provide attractive after-tax total return, through income and capital appreciation, by investing in municipal securities. The Fund’s Institutional Share Class (“MUNEX”) is launching with a 5.75% annualized rate on

Imprint Secures $500 Million Credit Facility with Mizuho, Truist, and HSBC to Increase Lending Capacity and Accelerate Growth

Lastest from Businesswire - Mon, 03/31/2025 - 11:08
NEW YORK--(BUSINESS WIRE)--Imprint, the leading provider of modern co-branded credit cards, today announced the closing of a $500 million warehouse facility led by Mizuho, Truist Bank, and HSBC. This facility brings Imprint’s total lending capacity to approximately $1 billion, enabling Imprint to increase lending to the iconic partner brands in its portfolio, as well as the numerous brand partnerships in the pipeline. Building off tremendous revenue, brand partner, and cardholder growth in 2024

Wolters Kluwer analysis shows regulatory enforcement pivot: Fewer actions with substantially higher penalties

Lastest from Businesswire - Mon, 03/31/2025 - 08:08
NEW YORK--(BUSINESS WIRE)-- #deregulatory--Wolters Kluwer Compliance Solutions has released its latest Regulatory Violations Intelligence Index, analyzing regulatory enforcement activity in the U.S. financial services sector from the second half of 2024. The findings reveal a significant strategic shift in enforcement approach just prior to the current administration's deregulatory agenda, with agencies pursuing fewer but substantially higher-value enforcement actions. Across the three monitored categories, re

Siebert Reports Full Year 2024 Financial Results

Lastest from Businesswire - Mon, 03/31/2025 - 08:08
MIAMI--(BUSINESS WIRE)---- $Nasdaq #Nasdaq--Siebert Financial Corp. (NASDAQ: SIEB) (“Siebert”), a diversified provider of financial services, today reported financial results for the year ended December 31, 2024. Full Year 2024 Financial and Operational Highlights Revenue increased 17% to $83.9 million, compared to $71.5 million in 2023. Commissions and fees increased 32% to $9.6 million, compared to $7.3 in 2023. Stock borrow/stock loan increased by 19% to $19.2 million, compared to $16.2 million in 2023. Net inc

WEX SPARK Health & Benefits 2025 Gathers Industry Leaders to Drive Innovation, Business Growth

Lastest from Businesswire - Mon, 03/31/2025 - 08:08
PORTLAND, Maine--(BUSINESS WIRE)--WEX gathers business leaders in San Diego March 31-April 3 for WEX SPARK Health & Benefits 2025, a premier event for the health and benefits industry.

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