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Resecurity Partners With Union of Arab Banks to Strengthen Cybersecurity and Fraud Prevention Across the Arab Financial Sector

Lastest from Businesswire - Mon, 03/17/2025 - 17:01
LOS ANGELES & BEIRUT--(BUSINESS WIRE)--Resecurity, a U.S.-based cybersecurity company protecting Fortune 500 companies and government agencies globally, has announced a strategic partnership with the Union of Arab Banks (UAB) to enhance cybersecurity capabilities, fraud prevention, and threat intelligence sharing across the Arab banking and financial sectors. The Union of Arab Banks (UAB), which represents over 330 Arab banking and financial institutions across the Middle East and North Africa

Wells Fargo Confirms Termination of 2021 OCC Loss Mitigation Consent Order

Lastest from Businesswire - Mon, 03/17/2025 - 17:01
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today confirmed that the Office of the Comptroller of the Currency (OCC) terminated its 2021 consent order related to loss mitigation practices in the company’s Home Lending business. This is the eleventh consent order closed by Wells Fargo’s regulators since 2019. Charlie Scharf, Wells Fargo’s CEO, said of today’s news: “We are pleased that the OCC has again validated our work and terminated this consent order in just three

DTF Tax Free Income 2028 Term Fund Inc. Announces Dividends

Lastest from Businesswire - Mon, 03/17/2025 - 17:01
CHICAGO--(BUSINESS WIRE)--The Board of Directors of DTF Tax-Free Income 2028 Term Fund Inc.. (NYSE: DTF) (the “Fund”), a closed-end fund advised by Duff & Phelps Investment Management Co. (the “Adviser), authorized the payment of dividends on the Fund’s common stock as follows: Per Share Amount Ex-Date Record Date Payable Date $0.0325 April 15, 2025 April 15, 2025 April 30, 2025 $0.0325 May 15, 2025 May 15, 2025 May 30, 2025 $0.0325 June 16, 2025 June 16, 2025 June 30, 2025 The Fund estimat

DNP Select Income Fund Inc. Announces Dividends

Lastest from Businesswire - Mon, 03/17/2025 - 17:01
CHICAGO--(BUSINESS WIRE)--The Board of Directors of DNP Select Income Fund Inc. (NYSE: DNP), a closed-end fund advised by Duff & Phelps Investment Management Co. (the “Adviser”), authorized the payment of dividends on its common stock as follows: Per Share Amount Ex-Date Record Date Payable Date $0.065 April 30, 2025 April 30, 2025 May 12, 2025 $0.065 May 30, 2025 May 30, 2025 June 10, 2025 $0.065 June 30, 2025 June 30, 2025 July 10, 2025 The Fund adopted a Managed Distribution Plan (the “P

VOYA GLOBAL ADVANTAGE AND PREMIUM OPPORTUNITY FUND & VOYA INFRASTRUCTURE, INDUSTRIALS AND MATERIALS FUND ANNOUNCES PAYMENT OF MONTHLY DISTRIBUTION

Lastest from Businesswire - Mon, 03/17/2025 - 17:01
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Voya Global Advantage and Premium Opportunity Fund (NYSE: IGA) and Voya Infrastructure, Industrials and Materials Fund (NYSE: IDE) (the “Funds”) today announced important information concerning the Funds’ distributions declared in February 2025. This press release is issued as required by the Funds’ Managed Distribution Plan (the “Plan") and an exemptive order received from the U.S. Securities and Exchange Commission. The Board of Trustees has approved the im

TPG Names Jennifer Chu as Chief Legal Officer and General Counsel

Lastest from Businesswire - Mon, 03/17/2025 - 17:01
SAN FRANCISCO & FORT WORTH, Texas--(BUSINESS WIRE)--TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm, today announced that Jennifer Chu has been named as a Partner, and Chief Legal Officer and General Counsel of TPG, effective March 31. Ms Chu will be succeeding Bradford Berenson, who will continue at TPG for a period of time as a Senior Advisor before retiring from the firm at year end. Ms. Chu joins from Debevoise & Plimpton LLP, where she served as Deputy Co-Cha

SmartBiz Acquires Centrust Bank, N.A. and Receives Regulatory Approval to Become a Bank and Bank Holding Company

Lastest from Businesswire - Mon, 03/17/2025 - 17:01
SAN FRANCISCO--(BUSINESS WIRE)--SmartBiz announced today the closing of its acquisition of United Community Bancshares, Inc. and its wholly-owned subsidiary, Centrust Bank, N.A. The combined company, renamed SmartBiz Bank, N.A. (“SmartBiz BankSM”), will operate under the bank holding company, SmartBiz Bancshares, Inc. This transaction recently received regulatory approval from the Office of the Comptroller of the Currency and the Federal Reserve Bank of Chicago. SmartBiz’s evolution into a bank

TCW Strategic Income Fund Announces Quarterly Distribution

Lastest from Businesswire - Mon, 03/17/2025 - 17:01
LOS ANGELES--(BUSINESS WIRE)--TCW Strategic Income Fund, Inc. (NYSE: TSI) today announced a quarterly distribution of $0.065 per share payable to shareholders of record on March 31, 2025, with the payable date of April 11, 2025. The distribution is based on a policy that was approved by the Board of Directors in December 2013 which was to pay distributions out of the Fund’s accumulated net investment income and/or other sources subject to the requirements of the Investment Company Act of 1940,

DISCO Appoints Tom Bogan to Board of Directors

Lastest from Businesswire - Mon, 03/17/2025 - 17:01
AUSTIN, Texas--(BUSINESS WIRE)--DISCO (NYSE: LAW), a creator of industry-leading litigation technology, today announced that technology and finance veteran Tom Bogan has been appointed to its Board of Directors. “Tom brings a deep background in software technology, finance and as a public company board member that will be extremely valuable as we continue to operate at the forefront of litigation technology and eDiscovery. He will add a keen perspective as we expand our complete offering for le

Voya Equity Closed End Funds Declare Distributions

Lastest from Businesswire - Mon, 03/17/2025 - 17:01
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today the distributions on the common shares of five of its closed-end funds: Voya Global Advantage and Premium Opportunity Fund (NYSE: IGA), Voya Global Equity Dividend and Premium Opportunity Fund (NYSE: IGD), Voya Infrastructure, Industrials and Materials Fund (NYSE: IDE), Voya Asia Pacific High Dividend Equity Income Fund (NYSE: IAE), and Voya Emergin

Bakkt Reschedules Release of Fourth Quarter and Full Year 2024 Earnings Results and Conference Call

Lastest from Businesswire - Mon, 03/17/2025 - 17:01
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) today announced that it has changed the date for its previously announced earnings conference call. The company will now host a conference call at 8:30 A.M. ET on Tuesday, March 18, 2025, to review the results for the quarter and full year. Investors and analysts interested in participating in the earnings conference call are invited to join at https://events.q4inc.com/attendee/258383643 or dial in at (833) 470-1428 or (404) 97

BrightSpire Capital Announces $0.16 Per Share Dividend for First Quarter 2025

Lastest from Businesswire - Mon, 03/17/2025 - 17:01
NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced that the Company’s Board of Directors has declared a dividend of $0.16 per share of Class A common stock for the quarter ending March 31, 2025. The dividend is payable on April 15, 2025 to stockholders of record as of March 31, 2025. About BrightSpire Capital, Inc. BrightSpire Capital, Inc. (NYSE: BRSP) is internally managed and one of the largest publicly traded commercial

WSFS Announced First-Quarter Call of $70 Million Legacy Bryn Mawr Trust Subordinated Debt

Lastest from Businesswire - Mon, 03/17/2025 - 17:01
WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Financial Corporation (NASDAQ: WSFS), the parent company of WSFS Bank, announced today that it has called the $70 million of fixed-to-floating rate subordinated notes due 2027 (the 2027 Notes) acquired from Bryn Mawr Trust. The 2027 Notes were repaid using operating cash flows of the Company. “We are pleased to announce our payoff of the 2027 Notes,” said David Burg, WSFS' Executive Vice President and Chief Financial Officer. “Our strong capital and liqui

Dynex Capital, Inc. Declares First Quarter 2025 Series C Preferred Stock Dividend

Lastest from Businesswire - Mon, 03/17/2025 - 17:01
GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. (NYSE: DX) announced today that the Company’s Board of Directors has declared the dividend on shares of its 6.900% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (NYSE: DXPRC) for the first quarter of 2025. The Company will pay the quarterly dividend of $0.43125 per share on April 15, 2025, to shareholders of record of the Series C Preferred Stock as of April 1, 2025. The Series C Preferred Stock pays a cumulative cash

Kent Lake Urges Quanterix Management to Address Key Questions Regarding its Proposed Transaction with Akoya Biosciences During Today’s Earnings Call

Lastest from Businesswire - Mon, 03/17/2025 - 17:01
RINCON, Puerto Rico--(BUSINESS WIRE)--Kent Lake PR LLC (“Kent Lake”) is a holder of 7.47% of the outstanding common stock of Quanterix Corporation (“Quanterix” or the “Company”) (NASDAQ: QTRX). Kent Lake has previously issued a public presentation detailing its opposition to the Company’s proposed transaction (the “Transaction”) with Akoya Biosciences (“Akoya”) (NASDAQ: AKYA), and has also nominated three highly qualified, independent candidates for election to the Company’s Board of Directors

Rosen Law Firm Encourages Bitfarms Ltd. Investors to Inquire About Securities Class Action Investigation – BITF

Lastest from Businesswire - Mon, 03/17/2025 - 17:01
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 Bitfarms (NASDAQ: BITF) resulting from allegations that Bitfarms may have issued materially misleading business information to the investing public. So What: If you purchased Bitfarms securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rose

SWKS INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Skyworks Solutions, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Lastest from Businesswire - Mon, 03/17/2025 - 17:01
NEW YORK--(BUSINESS WIRE)---- $SWKS #ClassAction--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Skyworks Solutions, Inc. (“Skyworks” or “the Company”) (NASDAQ: SWKS) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Skyworks securities betwee

Scale Asia Ventures (SAV) Founding Partner on Silicon Valley AI Investment Trends and Corporate LP Expansion at AVCJ Private Equity Forum 2024

Lastest from Businesswire - Mon, 03/17/2025 - 17:01
PALO ALTO, Calif.--(BUSINESS WIRE)-- #aiinfra--Scale Asia Ventures (SAV) Founding Partner Wally Wang spoke at the AVCJ Private Equity Forum 2024, joining investment leaders from Carlyle, Warburg Pincus, Apollo, and other top global firms to discuss AI investment trends and corporate LP expansion in Asia. As a firm specializing in AI-native infrastructure and applications, SAV sees a fundamental shift in enterprise software—AI-native applications are replacing traditional SaaS, delivering real-time intelli

Ant International Launches Embedded Finance Service for E-Commerce SMEs in Brazil

Lastest from Businesswire - Mon, 03/17/2025 - 17:01
SÃO PAULO--(BUSINESS WIRE)--Bettr, a leading AI-driven lending business under Ant International, today announced its official launch in Brazil to expand small and medium-sized enterprise (SME) lending to support local and regional economic development by working with local partners. As a first move, it formed a strategic partnership with AliExpress to bring a new financing solution, Bettr Working Capital, to local merchants operating on AliExpress. This enables simple and streamlined access to

KBRA Assigns AAA Rating, Stable Outlook to DASNY State Personal Income Tax Revenue Bonds (General Purpose) Series 2025A (Tax-Exempt) and Series 2025B (Federally Taxable)

Lastest from Businesswire - Mon, 03/17/2025 - 17:01
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of AAA with a Stable Outlook to the Dormitory Authority of the State of New York (DASNY) State Personal Income Tax Revenue Bonds (General Purpose) Series 2025A (Tax-Exempt) and State Personal Income Tax Revenue Bonds (General Purpose) Series 2025B (Federally Taxable). Concurrently, KBRA affirms the AAA rating and Stable Outlook on outstanding DASNY State Personal Income Tax Revenue Bonds (General Purpose). Key Credit Considerations The

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