Industry News

HomeTrust Bancshares, Inc. and TriSummit Bancorp, Inc. jointly announced today the signing of a definitive agreement under which HomeTrust will acquire TriSummit. Upon the completion of the transaction, the combined company is expected to have assets in excess of $3.0 billion.. Dana Stonestreet, Chairman, President, and Chief Executive Officer of HomeTrust said,“ We are excited about the opportunity to continue to expand our..."/>
HomeTrust Bancshares, Inc. and TriSummit Bancorp, Inc. Announce Highly Accretive In-Market Combination
Signature Bank, a New York-based full-service commercial bank, announced today it has been named Best Business Bank by the New York Law Journal in the publication’ s seventh annual reader survey. The Bank also ranked second in the Best Private Bank and Best Attorney Escrow Services categories."/>
Signature Bank Named Best Business Bank by New York Law Journal for Third Consecutive Year
Timbercreek Financial is pleased to announce that its board of directors has declared a monthly cash dividend of $0.057 per common share of the Company to be paid on October 14, 2016 to holders of Common Shares of record on September 30, 2016.. The Company also offers a Dividend Reinvestment Plan, which is eligible to holders of Common Shares and provides a convenient means to purchase additional Common Shares by reinvesting cash dividends at a potential..."/>
Timbercreek Financial Declares September 2016 Dividend
NewStar Financial, Inc., an internally-managed commercial finance company and asset manager, announced today that its liquid credit platform, NewStar Capital LLC, completed a $410 million broadly syndicated loan securitization known as Arch Street CLO. Arch Street represents the second CLO issued by NewStar this year and its twentieth securitization since inception. The notes were backed by a diversified portfolio of syndicated bank loans."/>
NewStar Capital Sponsors Seventh Loan Fund
Gaming and Leisure Properties Inc., STORE Capital Corp., Blackstone Mortgage Trust Inc., and Lamar Advertising Co.. Following an impressive first seven months, REITs underperformed the S&P 500 Index by 3.4% in August 2016 due to economic data and talks of interest rate hike."/>
How These REIT Stocks are Faring? -- Gaming and Leisure Properties, STORE Capital, Blackstone Mortgage Trust, and Lamar Advertising
SS&C Technologies Holdings, Inc. company Primatics Financial has signed a multi-year agreement with East West Bancorp to prepare the firm for the recently released current expected credit loss requirements, the company said. SS&C Primatics will assist East West in implementing EVOLV, its cloud-based integrated risk and finance solution, to provide end-to-end reserving and credit processing of the bank's loan portfolio. East West Bancorp is a publicly owned bank in..."/>
East West Bancorp selects SS&C to support transition to CECL
S&P Global Inc. has offered senior notes in a private placement guaranteed by S&P Global's subsidiary Standard& Poor's Financial Services LLC, the company said. The company said it intends to use the net proceeds of this offering to fund all or a portion of the redemption of the outstanding USD400 million aggregate principal amount of its 5.900 percent senior notes due 2017, and the balance for general corporate purposes. S&P Global is a provider of transparent and independent..."/>
S&P Global offers senior notes
Sun Life Financial Inc. has completed the public offering in Canada of CAD1.0 billion principal amount of Series 2016-2 subordinated unsecured 3.05 percent fixed/floating debentures due 2028, the company said. The company said it intends to use net proceeds for general corporate purposes of Sun Life Financial, which may include investments in subsidiaries and repayment of indebtedness. Sun Life Financial is an international financial services organization providing..."/>
Sun Life Financial completes subordinated unsecured debentures offering
American Capital Agency Corp. has declared cash dividends for the third quarter 2016 on its 8.000 percent Series A cumulative redeemable preferred stock and its 7.750 percent Series B cumulative redeemable preferred stock, the company said. The company declared a USD0.50 per share dividend on Series A preferred stock payable on October 17, 2016 to shareholders of record as of October 1, 2016. The company declared a USD0.484375 per share dividend on..."/>
American Capital Agency declares Q3 2016 dividend on Series A, Series B preferred stock
Voya Financial, Inc. has expanded leadership roles with appointments that will increase and diversify the experience and talent on the company's executive committee, the company said. Carolyn M. Johnson has been named chief executive officer of Insurance Solutions, which now includes Voya's annuities business. Johnson most recently served as president of annuities, a role she has held since she joined the company in April 2014.."/>
Voya Financial appoints CEO, 3 EVPs
Flagstar Bancorp, Inc. is a USD13.7 billion savings and loan holding company headquartered in Troy, Mich."/>
Flagstar Bank names SVP to lead subservicing business development
MidSouth Bancorp, Inc. has named Jake Delhomme as chairman of the board for both the holding company and its subsidiary, MidSouth Bank, N.A., effective December 31, 2016, the company said. Joe Tortorice Jr., a member of the holding company's board of directors since 2004, will be appointed vice chairman of the board, also effective December 31, 2016.. Delhomme, a retired Pro Bowl quarterback who has served on the bank's board for more than four years will replace Will Charbonnet Sr., who..."/>
MidSouth Bancorp names board chair
Moody's management team and showcase important aspects of the business. A copy of the presentation will be posted on Moody’ s Investor Relations website, http://ir.moodys.com, at the..."/>
Moody's Corporation to Webcast 2016 Investor Day
Chesswood Group Limited announced today a cash dividend of $0.065 per share for the month of September. The dividend will be payable to shareholders of record at the close of business on September 30, 2016, and will be paid on October 17, 2016.. Chesswood Group Limited has designated its dividends as eligible dividends for the purposes of the Income Tax Act."/>
Chesswood Group Limited Announces September 2016 Dividend
Voya Financial, Inc. has been named to the 2016 Dow Jones Sustainability Index, an independent benchmark that assesses and ranks the economic, environmental and social performance of companies, the company said. Considered the gold standard for corporate sustainability, the index ranking serves as a key reference point for investors and businesses. The company said out of 30 companies in the diversified financial services category invited to apply, Voya Financial is one of..."/>
Voya Financial named to Dow Jones Sustainability Index 2016
Willis Towers Watson, the global advisory, broking and solutions company, today announces the availability of proprietary Willis Re hazard data to its clients via partnership with SpatialKey.. The Willis Re View of Risk assists our clients in developing their own view of risk, through a combination of enhancing and evaluating existing models, and developing new models where there are none. Constantly advancing..."/>
Hazard Data From Willis Re View of Risk Now Available to Willis Re Clients Via SpatialKey®
Analyst upgrades U.S. Steel stock [The Times, Munster, Ind.]

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