Industry News

Willis Towers Watson, a leading global advisory, broking and solutions company, has expanded development and support capabilities for its private benefit exchange solutions with the addition of a 92,000- square-foot, state-of-the-art technology and service center in Tempe, AZ. The service center will house software engineers, quality assurance specialists, product managers, licensed benefit advisors and service representatives dedicated to..."/>
Willis Towers Watson expands technology and service capabilities for its private benefit exchange solutions
Square 1 Bank Announces Credit Facility to HealPros
WisdomTree Investments, Inc., an exchange-traded fund and exchange-traded product sponsor and asset manager, today announced the appointment of Anita Rausch as Head of Capital Markets, bringing more than 20 years of industry experience to the role.. Rausch will be responsible for leading the capital markets efforts in the U.S., Canada and Japan. She will be the senior relationship manager to the trading community and chief educator on the trading ecosystem."/>
WisdomTree Names Anita Rausch as Head of Capital Markets
Heartland Financial USA, Inc. announced today that it has been ranked among the top U.S. commercial credit card issuers in terms of purchase volume according to the June 2016 issue of The Nilson Report. The Nilson Report is a leading publication covering payment systems worldwide.. According to the report, Heartland Financial USA, Inc., ended 2015 with $139.6 million in purchasing volume, a growth of 219% over the previous year- the highest among U.S."/>
Heartland Financial Commercial Card Volume Takes Giant Leap
Banc of California, Inc., announced today it is consolidating its Office of Finance organization under J. Francisco A. Turner and Brian Kuelbs. Turner, Chief Strategy Officer for Banc of California, who has current responsibility for strategic planning, development of the annual operating plan, corporate financial planning, budgeting, mergers and acquisitions, investor relations and capital offerings, will assume shared..."/>
Banc of California To Consolidate Its Office of Finance
Resource Capital Corp. announced today that it will pay a cash dividend on its 8.50% Series A Cumulative Redeemable Preferred Stock for the period from July 31, 2016 through and including October 30, 2016 in the amount of $0.53125 per share. The dividend will be payable on October 31, 2016 to holders of record on October 3, 2016.. The Company will also pay a cash dividend on its 8.25% Series B Cumulative Redeemable Preferred Stock for the period from July 31,..."/>
Resource Capital Corp. Declares Quarterly Cash Dividends for Preferred Stock
FXCM Inc./ FXCM Announces Latest Enhancements to its API Technology Solutions. Processed and transmitted by Nasdaq Corporate Solutions. The issuer is solely responsible for the content of this announcement."/>
FXCM Announces Latest Enhancements to its API Technology Solutions
Aflac, the leading provider of voluntary insurance sales at the worksite in the United States, today announced that the company has been chosen by the members of the Novarica Technology Research Council, a membership group of hundreds of insurance-related Chief Information Officers, as the winner of the 2016 Novarica Research Council Impact Award for a Core Systems Initiative at a Large Insurer. Aflac was recognized for its innovative One..."/>
Aflac Award-Winning One Day Pay Initiative Earns 2016 Novarica Research Council Impact Award
Origen Financial, Inc., announced today that it has entered into an agreement with Origen Phoenix LLC under which Origen has appointed Phoenix to identify possible assets or entities for investment by Origen that may enable Origen to maximize stockholder value. Origen also announced that on January 19, 2016 it redeemed all of its shares of outstanding preferred stock. As a consequence of this transaction, Origen's stock ownership..."/>
Origen Financial Announces Election Not To Be Taxed As A REIT And Plan To Seek Profitable New Business Investments
S&P Global Inc., Fiserv Inc., Convergys Corporation, and Acacia Research Corporation. On Monday, September 19, 2016, gains were broad based as seven out of nine sectors ended the session in positive."/>
Research Reports Coverage on Select Business Services Stocks -- S&P Global, Fiserv, Convergys, and Acacia Research
Travelers Companies, Inc., today will bring its Cyber: Prepare, Prevent, Mitigate, Restore? series to the National Association of Women Business Owners National Women's Business Conference at the Hyatt Regency Columbus. Cybersecurity professionals will discuss common cyber-related business risks and strategies to prepare for and respond to an incident. “Every business is at risk for cyber intrusions,..."/>
Travelers Institute Hosts Cybersecurity Panel at National Women’s Business Conference in Columbus, Ohio
Ares Dynamic Credit Allocation Fund, Inc. as of August 31, 2016 is now available via www.arespublicfunds.com. About Ares Dynamic Credit Allocation Fund, Inc.. Ares Dynamic Credit Allocation Fund, Inc. is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management, L.P."/>
Month-End Portfolio Data Now Available for Ares Dynamic Credit Allocation Fund, Inc.
Cowen Group, Inc. today announced that Craig E. Zaph has joined Cowen and Company’ s investment banking team as the Head of Debt Capital Markets. Zaph is based in New York and reports to Kevin Raidy, Head of Investment Banking. “Craig Zaph rounds out a series of important investment banking hires in recent months and brings momentum to Cowen’ s debt capital markets practice,” said Kevin Raidy, Head of Investment Banking.“ Providing clients with a full range of innovative debt..."/>
Cowen Appoints Craig E. Zaph as New Head of Debt Capital Markets
Pacific Mercantile Bancorp, today announced that it has provided a $5 million term loan to Salon Republic to help finance the expansion of the company’ s network of innovative salon studios across the country. In addition to the term loan, Salon Republic will utilize a customized suite of cash management products including Pacific Mercantile Bank’ s commercial credit card.."/>
Pacific Mercantile Bank Provides $5 Million in Financing to Salon Republic
Midland States Bancorp, Inc. announced today that Leon J. Holschbach, President and Chief Executive Officer, and Jeffrey G. Ludwig, Executive Vice President and Chief Financial Officer, will participate in the 6 th Annual Stephens Bank CEO Forum on September 21, 2016 in Little Rock, AR. During the conference, the management team will hold a series of meetings with institutional investors.. A copy of the investor presentation that will be used at the..."/>
Midland States Bancorp to Participate in the 6th Annual Stephens Bank CEO Forum
Southern Michigan Bancorp, Inc. announced that its board of directors approved a quarterly cash dividend of $0.20 per share payable October 21, 2016 to shareholders of record as of October 7, 2016. The $0.20 per share dividend is an increase of $0.02 per share, or 11.1%, over the July 2016 cash dividend payment. The new annualized cash dividend rate of $0.80 per share represents a dividend yield of 3.04% based on the current market price of..."/>
Southern Michigan Bancorp, Inc. Announces Increase In Quarterly Dividend
Principal Financial Group ® announced today that, in preparation for the retirement of current chief financial officer and executive vice president Terry J. Lillis in April 2017, Deanna D. Strable-Soethout will assume the role of chief financial officer effective February 14, 2017. In addition, she is promoted to executive vice president of Principal ®..."/>
Principal Names Next CFO
State Street Global Advisors, the investment management arm of State Street Corporation, announced on Monday that it has expanded its solutions with a new fixed income smart beta strategy that seeks to capture maximum returns during rising rates and higher fixed income volatility. With these strategies, investors have more control over their objectives and generates results through exposure to credit, term or liquidity factor premia. For decades, the company said it has been..."/>
State Street Global Advisors declares expansion of its smart beta solutions with new fixed Income strategy
Kemper Corporation on Monday named Christine Theros Mullins as its senior vice president and chief human resources Officer, as of October, replacing the retiring Lisa M King. Mullins will report directly to the company's president and chief executive officer Joseph P. Lacher Jr. For the past two years Mullins was a partner at CEO.works where she was a senior executive in the HR practice."/>
Kemper names Christine Theros Mullins as new SVP and chief HR officer
International Bancshares Corporation authorised a common stock cash dividend of USD0.31 per share, the company reported on Monday. All shareholders of record as of the close of business on 30 September 2016 will be paid the dividend on 17 October 2016.. A financial holding company, International Bancshare provides commercial and retail banking services through 204 facilities and more than 310 ATMs serving 88 communities in Texas and Oklahoma."/>
International Bancshares declares higher dividend of USD0.31 per share

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