Feed aggregator
Deephaven Mortgage Launches Equity Advantage HELOC, With Bank Statement Qualification Option for Self-Employed Borrowers
CHARLOTTE, N.C.--(BUSINESS WIRE)-- #BankStatementHELOC--Deephaven Mortgage, a leading non-QM lender, has launched its Equity Advantage HELOC product.
Virtus Total Return Fund Inc. Announces Preliminary Results of Tender Offer
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Total Return Fund Inc. (NYSE: ZTR) (the “Fund”) today announced preliminary results of its previously announced tender offer (“Tender Offer”) to acquire up to 10% of the Fund’s outstanding shares, which expired on December 3, 2025 at 5 p.m. (Eastern). Approximately 15,013,106 shares were tendered, including shares tendered pursuant to notices of guaranteed delivery, based on preliminary information. With the Tender Offer oversubscribed, the relative numb
F5 to Participate in Upcoming Financial Conference
SEATTLE--(BUSINESS WIRE)--F5, Inc. (NASDAQ: FFIV), the global leader in delivering and securing every app and API, today announced that it will participate in the Barclays 2025 Global Technology Conference. F5’s presentation will be webcast live on Wednesday, December 10, 2025, at 2:00 p.m. ET. Interested attendees can access the live webcast via the Events & Presentations tab within the Investor Relations section of f5.com or via this link. An archived version of the webcast will be availa
Total Economic Impact study finds ZoomInfo Delivers 316% ROI and $7.6 Million in Benefits Over 3 Years for Enterprises, with Payback in Under 6 Months
VANCOUVER, Wash.--(BUSINESS WIRE)-- #Customer--ZoomInfo (Nasdaq: GTM), the Go-To-Market (GTM) Intelligence Platform, today announced results from a commissioned Total Economic Impact™ (TEI) study conducted by Forrester Consulting that examines the potential return on investment (ROI) enterprises may realize by deploying ZoomInfo. The study found that a composite company achieved a 316% ROI, $7.6 million in total quantified benefits, and $5.8 million in net present value (NPV) from improved data quality, pr
Sardis Group Announces Launch of the Sardis Credit Opportunities Fund (SGSIX)
ATLANTA--(BUSINESS WIRE)-- #ABS--Sardis Group, LLC (“Sardis Group”), an investment management firm specializing in securitized credit, today announced the launch of the Sardis Credit Opportunities Fund (Ticker: SGSIX)(the “Fund”), a continuously offered, closed-end interval fund seeking total return through current income and capital appreciation. SGSIX is Sardis Group’s inaugural registered fund. SGSIX will invest in credit, focusing on a portfolio encompassing the asset-backed, residential and comme
T. Rowe Price Transitions to Charles River’s Enterprise Multi-Asset Investment Management Platform
BOSTON--(BUSINESS WIRE)--Charles River Development, a State Street Company, announced today the expansion of its relationship with T. Rowe Price through the migration to the SaaS-deployed Charles River Investment Management Solution (Charles River IMS). A Charles River client since 2002, T Rowe Price continues to deepen its engagement with Charles River Development to modernize front-office operations and streamline management of global equity, fixed income, and multi-asset portfolios. This lat
Delfi and CFO Consulting Partners Launch a Joint Advisory Package to Strengthen Balance Sheet Management for Banks and Credit Unions
NEW YORK--(BUSINESS WIRE)-- #AI--Delfi and CFO Consulting Partners LLC (CFOCP) have launched a joint effort to help banks and credit unions strengthen their balance sheets.
Starter-Home Sales Climb 5%, But Prices Are Staying in Check as Inventory Hits 9-Year High
SEATTLE--(BUSINESS WIRE)-- #housingmarket--Starter-home sales jumped 4.9% year over year in October as buyers benefited from more choices and modest price growth. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket. Mid-priced (+0.7%) and high-priced (+0.8%) home sales also rose from a year earlier, a notable change after a long stretch of year-over-year declines. Housing Data By Home Price Tier (October 2025) Redfin Home Tiers Home Price Percentile Median Sale Price Median
Cross-Border Private Credit Set to Surge, But Operational Complexity Threatens Momentum, CSC Finds
WILMINGTON, Del.--(BUSINESS WIRE)-- #csc--Cross-border private credit transactions are poised for strong growth, yet operational complexity is emerging as a critical hurdle. According to CSC, the leading provider of business administration and compliance solutions, an overwhelming 92% of limited partners (LPs) express concern over the complexity of these deals. Published in CSC’s latest report, Private Credit 2025: Global Strategies for a $1.5 Trillion Market, the findings highlight a growing disconne
Affiliates of Castle Creek Capital Acquire $40 Million Equity Position From Legacy Stockholders in FirstSun Capital Bancorp
SAN DIEGO & DENVER--(BUSINESS WIRE)--Castle Creek Capital, an alternative asset management firm focused on the financial services sector, with a specialization in the community banking industry, announced today that Castle Creek managed funds have acquired, from legacy stockholders, $40 million of common stock in FirstSun Capital Bancorp (the “Company” or “FirstSun”). In accordance with an agreement between affiliates of Castle Creek Capital and FirstSun, subject to satisfying all legal and reg
Horizon Announces Acquisition of Anfield Capital Management
CHARLOTTE, N.C.--(BUSINESS WIRE)--Horizon acquires Anfield Capital Management, California-based firms with institutional background in fixed income, OCIO offerings and range of funds.
Pace selected by Prudential Financial to help automate its insurance operations with agentic AI
NEW YORK--(BUSINESS WIRE)--Pace, the agentic workforce for insurance, was chosen by Prudential’s Individual Life Insurance (ILI) business to help simplify and improve its service delivery. Pace’s AI-powered agents are now streamlining policy servicing and supporting quality assurance efforts within Prudential’s ILI business. The first set of automated systems is now live taking on thousands of hours of work. “Our work with Prudential is an example of how AI can be used as a strategic advantage,
KLAR INVESTIGATION ALERT: Robbins Geller Rudman & Dowd LLP Launches Investigation into Klarna Group plc, and Encourages Investors and Potential Witnesses to Contact Law Firm
SAN DIEGO--(BUSINESS WIRE)---- $KLAR--The law firm of Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Klarna Group plc.
Monroe Capital Supports Renovus Capital Partners’ Acquisitions of K2 Services, Epiq GBTS and Forrest Solutions
CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisitions of K2 Services (“K2”), Epiq Global Business Transformation Services (“Epiq GBTS”), and Forrest Solutions (“Forrest”) by private equity sponsor Renovus Capital Partners. Together, K2, Epiq GBTS and Forrest will combine to redefine how businesses mobilize, creating a scaled, integrated platform that serves
QC Ally Appoints Scott Ingram as Chief Information Officer to Accelerate Technology, Security, and Innovation
ROCK HILL, S.C.--(BUSINESS WIRE)-- #ChiefInformationOfficer--QC Ally, the leader in tech-enabled enterprise loan quality and audit services, today announced the appointment of Scott Ingram as its new Chief Information Officer (CIO). Scott brings more than two decades of experience in cybersecurity, cloud infrastructure, and enterprise technology leadership across the mortgage, fintech, and global technology sectors. Scott’s appointment follows a thorough search for a technology leader to support the company’s next stage
James R. Boyle, Former John Hancock President and CEO, Joins Star Mountain Capital as Senior Advisor
NEW YORK--(BUSINESS WIRE)--Star Mountain Capital, LLC ("Star Mountain"), a rapidly growing, employee-owned investment firm with ~$4.5 billion in assets under management (“AUM”), is pleased to announce that Jim Boyle has joined the firm as a Senior Advisor. Mr. Boyle will leverage his extensive leadership experience transforming major financial institutions to advance Star Mountain's mission of creating long-term value in the lower middle-market. “Jim’s extensive experience navigating complex ec
FICO UK Credit Card Market Report: September 2025
LONDON--(BUSINESS WIRE)--The latest credit card data analysis from global analytics software leader FICO, for September 2025, underlines the financial balancing act households have faced this year. Following the Autumn Budget, there are clear signs that cardholders with accumulated debt (three missed payments) are falling into deeper delinquency. This is particularly pronounced for customers who have had their credit card for five years plus. Highlights The most significant year-on-year decline
Smartstream Introduces Agentic AI ‘Smart Agents’ for Investigations and Exceptions Handling
LONDON--(BUSINESS WIRE)--Smartstream Introduces Agentic AI ‘Smart Agents’ for Investigations and Exceptions Handling
Klarna Launches Global ‘AI for Climate Resilience Program’ to Empower Communities on the Climate Frontlines
STOCKHOLM--(BUSINESS WIRE)--Klarna, the global digital bank and payments provider, today launched its AI for Climate Resilience Program, a pioneering initiative using artificial intelligence to strengthen climate adaptation and community resilience across some of the world’s most affected regions. The AI for Climate Resilience Program is a global initiative by Klarna to accelerate the use of AI in tackling the local effects of climate change. It identifies and supports innovators developing pra
GoWit One: The Unified AI Operating System Set to Revolutionize Commerce & Retail Media
NEWARK, Del. & ISTANBUL & DUBAI, United Arab Emirates--(BUSINESS WIRE)-- #AI--GoWit, a global AdTech leader in omnichannel Commerce and Retail Media, announced the launch of GoWit One, the unified AI operating system that brings automation, unification, and real-time intelligence into a single ad platform for agencies operating across multiple retailers, channels, and markets. By bringing these three elements into one dashboard, GoWit One addresses the industry's most critical bottleneck: operational
