Industry News

Financial Institutions, Inc., continues to expand and strengthen its management team with the hiring of Edward S. Oexle as Buffalo Regional President. In this role, Oexle will serve as the bank’ s senior executive in one of its largest growth markets, further accelerating momentum in serving communities across Western New York.. Oexle, who started work at Five Star today, is a highly-respected banker with more than 25 years of..."/>
Five Star Bank Names Ted Oexle Buffalo Regional President
LM Funding America, Inc., a specialty finance company offering unique funding solutions to community associations, has been invited to present at two conferences in October.. The Dawson James Securities 2nd Annual Growth Stock Conference is being held October 19-20 at the Wyndham Grand Hotel in Jupiter, Florida. LM Funding CEO Bruce Rodgers is scheduled to present on Thursday, October 20 at 3:30 p.m. Eastern time, with one-on-one meetings held throughout..."/>
LM Funding to Present at the Dawson James Growth Stock Conference on October 20 and the MicroCap Conference on October 25
Daily Mail, London, Alex Brummer column [Daily Mail, London]
Apollo Commercial Real Estate Finance, Inc. today announced the conversion rate applicable to its outstanding 5.50% Convertible Senior Notes due 2019 has been adjusted to 56.5584 from 55.9411, effective September 28, 2016 and subject to further adjustment as provided in the governing indenture. The adjustment has been made pursuant to the terms of the notes as a result of the cash dividend to be paid on October 17, 2016 and recognition of carried-forward..."/>
Apollo Commercial Real Estate Finance, Inc. Announces Adjustment of Conversion Rate for 5.50% Convertible Senior Notes Due 2019
TCP Capital Corp. announced today that it will report its financial results for the third quarter ended September 30, 2016 on Tuesday, November 8, 2016, prior to the opening of the financial markets. TCP Capital Corp. will host a conference call at 1:00 p.m. Eastern Time on Tuesday, November 8, 2016 to discuss its financial results. All interested parties are invited to participate in the conference call by dialing 393-0571;..."/>
TCP Capital Corp. Schedules Earnings Release and Conference Call for the Third Quarter Ended September 30, 2016
Onex Corporation today announced Brian Horton has joined Onex Credit as a Portfolio Manager. Brian brings approximately 25 years of experience and will work with Paul Travers to continue growing the collateralized loan obligation platform."/>
Onex Credit Hires CLO Veteran Brian Horton
Houlihan Lokey, Inc., the global investment bank, today announced that it will release its second quarter results for the 2017 fiscal year on Tuesday, November 1, 2016, after the close of trading on the New York Stock Exchange. Houlihan Lokey will host a conference call at 5:00 p.m. that same day to review the results. On the call, Scott Beiser, Chief Executive Officer, and Lindsey Alley, Chief Financial Officer, will discuss the fiscal 2017 second quarter results..."/>
Houlihan Lokey Announces Release Date for Second Quarter Results for Fiscal Year 2017
Citi Launches Alternative Trading Facility: CitiBLOC
Noah Holdings Limited, a leading wealth and asset management service provider with a focus on global services for high net worth individuals and enterprises in China, today announced that for the third consecutive year, Fortune has named Noah to its 2016 "100 Fastest-Growing Companies" list recognizing public companies with the best three-year performance in profits, revenue, and stock growth. Noah ranks 12 th this year on this prestigious list."/>
Noah Ranks 12th on Fortune's Global Top 100 Fastest Growing Companies List
Fifth Third Bank Launches New Consumer Credit Cards
Great Western Bancorp, Inc., the parent company of Great Western Bank, announced today that it will release fourth quarter, full-year financial results on Thursday, October 27, 2016.. The company’ s earnings will be discussed during a live conference call, beginning at 8:30 AM, by President and Chief Executive Officer Ken Karels, Chief Financial Officer Peter Chapman, Chief Risk Officer Steve Ulenberg, and Head of Investor Relations David Hinderaker."/>
Great Western Bancorp, Inc. Announces Fourth Quarter & Full-Year Fiscal 2016 Earnings and Conference Call Date
INTL FCStone Inc. today announced that its London-based subsidiary, INTL FCStone Ltd's Global Payments Division, will serve as a General Sponsor for both the Association for Financial Professionals Annual Conference and Money 20/ 20, each taking place October 23-26, 2016, in Orlando, FL and Las Vegas, NV, respectively. Attendees can visit GPD at AFP's Annual Conference on the exhibit floor at Booth #244, and at Money 20/ 20 at Booth #2338. The..."/>
INTL FCStone Ltd's Global Payments Division to Showcase Cross-Border Payments Solutions at Industry-Leading U.S.-Based Conferences
eHealth report, Medicare shoppers that compared plans based on personal prescription drug needs could save an average of $75 per month by switching to optimal Medicare insurance plan. MOUNTAIN VIEW, Calif.---- According to the latest Medicare Choice and Impact study from eHealth, only 9% of Medicare shoppers using eHealth’ s prescription drug coverage comparison tool were enrolled in the Medicare Part D or Medicare Advantage Prescription Drug plan that provided them with..."/>
EHealth Drug Coverage Comparison Tool Helps Medicare Beneficiaries Identify Medicare Plans With Optimal Drug Coverage and Potentially Save An Average of $898 Per Year
First National Financial Corporation today commented on the Department of Finance's recently announced new mortgage rules. These rules include most significantly, an increase in the qualifying rate on fixed rate mortgages with terms of five years or greater and changes in the eligibility rules for newly issued low-ratio mortgages for portfolio insurance. While all mortgage lenders, including First National, will see a decrease in single family..."/>
First National Financial Corporation Comments on New Mortgage Rules
Enterprise Financial Services Corp announced today that it has entered into a definitive merger agreement to acquire Jefferson County Bancshares, Inc.."/>
Enterprise Financial Services Corp to Acquire Jefferson County Bancshares, Inc.
BOK Financial Corporation announced that Brad Emmons, CFA, has been named treasurer of the company, effective immediately. Emmons replaces Marty Grunst, who was promoted to chief risk officer earlier this year.. Emmons is a 19- year veteran of BOK Financial and served under Mr."/>
Brad Emmons named Treasurer of BOK Financial
Ares Dynamic Credit Allocation Fund, Inc. announced the declaration of monthly distributions for the next three months of $0.1025 per common share, payable as noted below. Based on the Fund’ s current share price of $14.75, the distribution represents an annualized distribution rate of 8.34%. Information regarding the distribution rate is included for informational purposes only and is not necessarily indicative of future results, the achievement of which cannot be..."/>
Ares Dynamic Credit Allocation Fund Declares Monthly Distributions of $0.1025 Per Share
Marsh names Rich Drab as head of Dovetail Insurance
First American Financial Corporation disclosed on Tuesday that it acquired TD Service Financial Corporation, the parent company of several subsidiaries such as TD Service Company, Security Connections Inc and TD Quality Control Services, included in the acquisition. TD Service Financial and its subsidiaries will become part of the company's First American's Mortgage Solutions division, which provides solutions for residential lenders and service providers in the..."/>
First American announces acquisition of TD Service Financial Corporation for undisclosed amount
Raymond James Financial Services, Inc., announced today that Jim Connors, has joined Steward Partners as Divisional President. Connors has over 30 years of senior leadership experience in the financial services industry, with 17 of those years managing in the New England market for Wells Fargo. "Jim has an incredible reputation..."/>
Steward Partners Global Advisory Hires Jim Connors to be Divisional President in New England

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