Lastest from Businesswire
Marlin Mortgage Promotes Darren Halpern and Tyler Wichmann to Co-Presidents
SAINT PETERSBURG, Fla.--(BUSINESS WIRE)--Marlin Mortgage Holdings, LLC (together with its affiliates, “Marlin”) today announced the promotion of Darren Halpern and Tyler Wichmann to Co-Presidents, effective immediately. Andrew Weber, Founder & CEO, commented: “As Founder, CEO and majority shareholder, I am proud to elevate two of the architects who have been with us through the critical growth we have experienced over our first half-decade of operations. Darren and Tyler have earned this re
Webster Lowers Prime Lending Rate to 6.75 Percent
STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., announced today that it has lowered its prime lending rate to 6.75 percent from 7.00 percent, effective December 11, 2025. About Webster Webster Financial Corporation (“Webster”) (NYSE: WBS) is the holding company for Webster Bank, N.A. (“Webster Bank”). Founded in 1935 and headquartered in Stamford, CT, Webster is a values-driven organization with more than $80 billion in to
Citi Lowers Base Rate
NEW YORK--(BUSINESS WIRE)--Citibank, N.A. said today it has lowered its base lending rate to 6.75% from 7.00%, effective tomorrow, Thursday, December 11, 2025. About Citi Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in more than 180 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals wi
Victory Capital Reports November 2025 Total Client Assets
SAN ANTONIO--(BUSINESS WIRE)---- $VCTR--Victory Capital (NASDAQ: VCTR) today reported Total Client Assets of $317.7 billion, as of November 30, 2025.
Regions Bank Reduces its Prime Lending Rate
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Bank announced it is reducing the Regions prime lending rate to 6.75% effective Dec. 11, 2025.
Sverica Capital Management Announces Sale of Coastal to Tata Consultancy Services for $700 Million
AUSTIN, Texas--(BUSINESS WIRE)--Sverica Capital Management LP ("Sverica") announced today the sale of its Fund V portfolio company Coastal Cloud Holdings, LLC (“Coastal” or the "Company") to Tata Consultancy Services Limited (or "TCS") for $700 million. This marks the culmination of a five-year successful partnership with Coastal, during which the Company more than quadrupled in size while maintaining best in class profitability and solidified its market leadership as one of the largest and fas
Red River Bank and Federal Home Loan Bank of Dallas Celebrate $12M in Grants for Affordable Housing, Disaster Recovery and Economic Development
METAIRIE, La.--(BUSINESS WIRE)--The Federal Home Loan Bank of Dallas (FHLB Dallas) and Red River Bank are celebrating a milestone: $12 million in FHLB Dallas grants delivered over 25 years to support affordable housing, disaster recovery and economic development in communities across Louisiana. “These grants have allowed us to support affordable housing, help families and businesses rebuild after disasters and invest in long-term economic growth across Louisiana,” said Jannease Seastrunk, senio
Annaly Capital Management, Inc. Announces 4th Quarter 2025 Common Stock Dividend of $0.70 per Share
NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. Announces 4th Quarter 2025 Common Stock Dividend of $0.70 per Share
Jackson Awards $730,000 in Grants to Nonprofits Across Lansing, Nashville and Chicago
LANSING, Mich.--(BUSINESS WIRE)--Jackson National Life Insurance Company® (Jackson®), the main operating subsidiary of Jackson Financial Inc.i (NYSE: JXN), today announced it has awarded $730,000 to nonprofits serving the communities where Jackson has offices: Lansing, Michigan; Nashville, Tennessee; and Chicago, Illinois. These grants will fund a variety of initiatives led by the nonprofit recipients, including a senior meal kit program, career development for young adults and a grocery delive
Net Asset Value Restatement for Simplify Bond Bull ETF (RFIX)
NEW YORK--(BUSINESS WIRE)--Simplify announces NAV restatement.
KKR Real Estate Finance Trust Inc. Declares Quarterly Dividend of $0.25 Per Share of Common Stock
NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (the “Company” or “KREF”) (NYSE: KREF) announced that the Board of Directors has declared a dividend of $0.25 per share of common stock with respect to the fourth quarter of 2025. The dividend is payable on January 15, 2026 to KREF’s common stockholders of record as of December 31, 2025. About KKR Real Estate Finance Trust Inc. KREF is a real estate finance company that focuses primarily on originating and acquiring senior loans secu
Independent Bank Corp. Announces Quarterly Dividend
ROCKLAND, Mass.--(BUSINESS WIRE)--The Board of Directors of Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced a $0.59 per share dividend. The dividend will be payable on January 7, 2026, to stockholders of record as of the close of business on December 29, 2025. ABOUT INDEPENDENT BANK CORP. Independent Bank Corp. (NASDAQ Global Select Market: INDB) is the holding company for Rockland Trust Company, a full-service commercial bank headqu
First Trust Enhanced Equity Income Fund Declares its Quarterly Distribution of $0.3875 Per Share
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA) has declared the Fund's regularly scheduled quarterly distribution of $0.3875 per share. The distribution will be payable on December 31, 2025, to shareholders of record as of December 22, 2025. The ex-dividend date is expected to be December 22, 2025. The quarterly distribution information for the Fund appears below. First Trust Enhanced Equity Income Fund (FFA): Distribution per share: $0.38
First Trust Advisors L.P. Announces Distribution for First Trust Income Opportunities ETF
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of the Monthly distribution for First Trust Income Opportunities ETF, a series of First Trust Exchange-Traded Fund VIII. The following dates apply to today's distribution declaration: Expected Ex-Dividend Date: December 11, 2025 Record Date: December 11, 2025 Payable Date: December 31, 2025 Ticker Exchange Fund Name Frequency Long-T
Rosen Law Firm Encourages Coupang, Inc. Investors to Inquire About Securities Class Action Investigation – CPNG
NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Coupang, Inc. (NYSE: CPNG) resulting from allegations that Coupang may have issued materially misleading business information to the investing public. So What: If you purchased Coupang securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Ros
Chime Announces Executive Promotions, Reflecting Company’s Continued Expansion, Innovation, and Growth
SAN FRANCISCO--(BUSINESS WIRE)--Chime® (Nasdaq: CHYM), a leading consumer financial technology company, today announced three promotions within its executive leadership team. Effective immediately, Mark Troughton has been promoted to the role of President, Janelle Sallenave to Chief Operating Officer, and Vineet Mehra to Chief Growth Officer. These leaders have been key drivers of Chime’s mission and continued growth, including the company’s expansion into new products such as MyPay and Chime C
Federal Home Loan Bank of Dallas Awards More Than $4.3M in Grants to Address Heirs’ Property Issues
DALLAS--(BUSINESS WIRE)--The Federal Home Loan Bank of Dallas (FHLB Dallas) has awarded more than $4.3 million in Pathway Fund grants to assist 42 organizations with preventing or remediating heirs’ property issues, such as resolving issues with a property title or establishing a will. The grants, awarded through 15 participating FHLB Dallas members, will be used to clear an estimated 3,020 titles and prevent heirs’ property issues by executing wills or deeds for more than 7,520 individuals. Th
AM Best Affirms Credit Ratings of Investors Title Company and Its Subsidiaries
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of both subsidiaries of Investors Title Company (ITC) [NASDAQ: ITIC]: Investors Title Insurance Company and National Investors Title Insurance Company (Austin, TX). These subsidiaries collectively are referred to as Investors Title Company Group (ITC Group). Concurrently, AM Best has affirmed the Long-Term ICR of “bbb” (Go
Defence, Security and Resilience Bank (DSRB) Development Group – Official Statement
LONDON--(BUSINESS WIRE)--On 8 September 2025, the Defence, Security and Resilience Bank (DSRB) Development Group convened a high-level meeting in the City of London with representatives from 37 nations, including all G7 members, alongside the European Commission, NATO, European Parliament, Global Banks, and Ratings Agencies to discuss the DSRB. A number of countries have now indicated their intention to begin the formal steps required to bring the DSRB into existence. This phased pattern of eng
Fifth Third Bank to Decrease Prime Lending Rate to 6.75%
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bank, National Association (Nasdaq: FITB) today announced it will decrease its prime lending rate to 6.75%, effective immediately. The rate was last changed on October 29, 2025, when Fifth Third decreased its prime lending rate from 7.25% to 7.00%. About Fifth Third Fifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services

