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AM Best Places Credit Ratings of Puritan Life Insurance Company of America Under Review With Developing Implications
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has placed under review with developing implications the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Puritan Life Insurance Company of America (Puritan) (Scottsdale, AZ). These Credit Ratings (ratings) are being placed under review with developing implications due to the potential acquisition of Puritan by Amistad Financial Group, LLC. The ratings will remain under review until AM Best can assess the i
KBRA Assigns Preliminary Ratings to VRTX 2025-HQ
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA announces the assignment of preliminary ratings to five classes of VRTX 2025-HQ, a CMBS single-borrower securitization. The collateral for the transaction is a $600 million portion of a $1.0 billion fixed rate, interest-only first lien mortgage loan. The fixed-rate loan has a five-year term and requires monthly interest-only payments based on an assumed interest rate of 6.25%. The loan is secured by the borrower’s fee simple interest in Vertex HQ , two 15-story,
Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for July 2025, Includes Reg.-NMS Execution Statistics
GREENWICH, Conn.--(BUSINESS WIRE)---- $IBKR #IBKR--Interactive Brokers Group, Inc. (Nasdaq: IBKR) an automated global electronic broker, today reported its Electronic Brokerage monthly performance metrics for July. Brokerage highlights for the month included: 3.498 million Daily Average Revenue Trades (DARTs)1, 27% higher than prior year and 1% higher than prior month. Ending client equity of $685.8 billion, 35% higher than prior year and 3% higher than prior month. Ending client margin loan balances of $67.6
Lisa Detanna, Global Wealth Solutions Group of Raymond James, Named to Barron’s Top 100 Women Financial Advisors
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Congratulations to Lisa Detanna, Managing Director, of the Global Wealth Solutions Group of Raymond James located at 9595 Wilshire Blvd, Suite 801, Beverly Hills, CA 90212, on being recognized #8 on Barron’s 2025 Top 100 Women Financial Advisor lists, release July 2025. This recognition reflects Lisa’s decades-long commitment to delivering personalized, objective, and forward-thinking financial guidance to clients nationwide. “We are honored to have Lisa
Angel Oak Financial Strategies Income Term Trust Declares August 2025 Distribution
ATLANTA--(BUSINESS WIRE)---- $FINS--Angel Oak Financial Strategies Income Term Trust declares August 2025 Distribution.
Horizon Technology Finance to Announce Second Quarter 2025 Financial Results
FARMINGTON, Conn.--(BUSINESS WIRE)--Horizon Technology Finance Corporation (NASDAQ: HRZN) (“HRZN” or “Horizon”), an affiliate of Monroe Capital, and a leading specialty finance company that provides capital in the form of secured loans to venture capital and private equity-backed companies and publicly traded companies in the technology, life science, healthcare information and services, and sustainability industries, announced today that it plans to release financial results for the second qua
Republic Bank Announces New C-Suite Leaders
LOUISVILLE, Ky.--(BUSINESS WIRE)--Republic Bank & Trust Company ("Republic" or the “Bank") is proud to introduce two new members to the corporate leadership team. Promoted from within, Christy Ames now serves as Executive Vice President (EVP), Chief Legal Officer & General Counsel, and Scott Nardi takes on the role of Senior Vice President (SVP), Chief Risk & Compliance Officer. “Christy and Scott have been invaluable team members,” Republic Bank President and CEO Logan Pichel said.
FLR Investors Have Opportunity to Join Fluor Corporation Fraud Investigation with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)---- $FLR--FLR Investors Have Opportunity to Join Fluor Corporation Fraud Investigation with the Schall Law Firm
