Industry News

Barclays Bank PLC today announced a reduction in the investor fee rate applicable to the iPath ® Pure Beta Broad Commodity Exchange Traded Notes. The ETNs currently trade on the NYSE Arca stock exchange under the ticker symbol“ BCM”."/>
Barclays announces reduction in investor fees on BCM ETNs
Daily Mail, London, market report column [Daily Mail, London]
Apple has provoked a multitude of different reactions across the Atlantic. In Congress and on the presidential election trail there has been mild approval. No-one likes tax cheats and there is strong US political momentum aimed at repatriating the trillions of dollars of reserves that US companies have been accumulating in Bermuda and elsewhere to reinvest in the domestic economy."/>
Daily Mail, London, Alex Brummer column [Daily Mail, London]
Principal Financial Group, Inc. announced today that Terry Lillis, executive vice president and chief financial officer, will participate in a fireside chat at the KBW Annual Insurance Conference on Sept. 8, 2016 at 8 a.m. in New York. The discussion will include in-depth information about the company’ s strategy and opportunities for continued growth. Those interested may listen LIVE via webcast at Principal’ s Investor Relations website."/>
Principal Financial Group Chief Financial Officer to Speak at the KBW Annual Insurance Conference
Prudential Financial, Inc... This Smart News Release features multimedia."/>
Jeff Becker appointed CEO of Jennison Associates
QCR Holdings, Inc. today announced it has completed its acquisition of Community State Bank, headquartered in Ankeny, Iowa, from Van Diest Investment Company. CSB is an Iowa-chartered bank that operates ten banking locations throughout the Des Moines metropolitan area. As of June 30, 2016, CSB had $571 million in assets, $433 million in loans and $481 million in deposits."/>
QCR Holdings, Inc. Announces the Closing of the Acquisition of Community State Bank of Ankeny, Iowa
MetLife, Inc. today announced that John C. R. Hele, executive vice president and chief financial officer, will participate in a fireside chat at the Barclays Global Financial Services Conference on Monday, Sept. 12, 2016, at approximately 2 p.m.. A live audio webcast of the presentation will be available over the Internet at https://cc.talkpoint.com/barc002/091216a_js/? Those who want to listen via the Internet should go to the website at least 15 minutes prior to the..."/>
MetLife Executive Vice President and Chief Financial Officer to Speak at Barclays Global Financial Services Conference
Fidus Investment Corporation today announced the promotion of Thomas C. Lauer to President of Fidus Investment Corporation. Edward Ross, who had held the title of President, will continue to serve as the Company’ s Chairman and Chief Executive Officer. Lauer will continue to serve as a director and member of the investment committee.."/>
Fidus Investment Corporation Announces Promotion of Thomas C. Lauer to President
Green Dot Corporation on Wednesday named Mary J. Dent as chief executive officer of Green Dot Bank, its wholly owned bank subsidiary. In this position, Dent will report to Green Dot CEO, Steven Streit and the company also stated that Lewis Goodwin will remain the bank's president and report to Dent. Based on her appointment as CEO of the bank, Dent has resigned as a member of Green Dot's board of directors but will remain on the board of Green Dot bank as an executive member."/>
Green Dot Bank appoints Mary J. Dent as CEO
W. R. Berkley Corporation on Wednesday revealed that Richard M. Lowery joins the company as senior vice president and chief information officer, reporting to executive vice president Lucille T. Sgaglione, with immediate effect. In this role, Lowery will oversee the development and implementation of strategic information technology solutions. With almost three decades of experience in information technology, Lowery most recently served in senior roles at Risk Solutions..."/>
W. R. Berkley Corporation appoints Richard M. Lowery as SVP and CIO
PNC Financial Services Group Inc., Great Western Bancorp. Inc., Mitsubishi UFJ Financial Group Inc., and LendingTree Inc.."/>
Financial Stocks on Investors' Radar -- PNC Financial Services, Great Western Bancorp, Mitsubishi UFJ Financial, and LendingTree
VersaBank authorised quarterly cash dividends of USD0.175 per share each on the company's 7.0% series 1 preferred shares and 7.0% series 3 preferred shares, respectively, the company reported on Wednesday. Both dividends are subject to the approval of the Toronto Stock Exchange and will be paid on 31 October 2016 to shareholders of record at the close of business on 7 October 2016. Also, the bank stated that these dividends are eligible dividends for tax..."/>
VersaBank announces series 1 and 3 preferred shares quarterly dividends
FXCM Inc./ Leucadia and FXCM Complete Long-Term Partnership Agreement. Processed and transmitted by Nasdaq Corporate Solutions. The issuer is solely responsible for the content of this announcement."/>
Leucadia and FXCM Complete Long-Term Partnership Agreement
Leucadia National Corporation and FXCM Inc. today announced that they have completed the process of deepening their partnership, with Leucadia now holding a membership interest in FXCM’ s operating entity, FXCM Group, LLC.. Rich Handler, Chief Executive Officer, and Brian Friedman, President of Leucadia, stated: "We are pleased to affirm our long-term commitment and investment in FXCM and are excited about our prospects for success. We look forward to our role..."/>
Leucadia and FXCM Complete Long-Term Partnership Agreement
LPL Financial Holdings Inc.. On December 10, 2015, LPL Financial announced the early completion of its accelerated share repurchase program. TPG Capital sold 4.3 million shares of LPL Financial common stock at $43.27 per share for..."/>
Purcell Julie & Lefkowitz LLP Is Investigating LPL Financial Holdings Inc. for Potential Breaches Of Fiduciary Duty By Its Board of Directors
Intercontinental Exchange, a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that ICE Benchmark Administration has successfully launched a crowdsourcing facility for the ISDA Standard Initial Margin..."/>
ICE Benchmark Administration Launches Crowdsourcing Facility for ISDA SIMM™
Compass Diversified Holdings has closed the acquisition of US-based tactical apparel and gear provider 5.11 Tactical for a purchase price ofUSD 400 m, the company said. This price excludes working capital and certain other adjustments upon closing. 5.11 is a designer and marketer of purpose-built tactical apparel and gear serving a wide range of global customers including law enforcement, military special..."/>
Compass Diversified Holdings Closes USD 400m Acquisition of Gear, Apparel Firm 5.11 Tactical
Canadian Western Bank-. "CWB's solid third quarter operating performance reflects the continued successful execution of our strategy. Our strategic objectives include strong, balanced growth of both loans and funding sources, as well as progress toward a more balanced geographic footprint and broader diversification within targeted sectors of Canada's commercial banking industry, "said Chris Fowler, President and CEO.""/>
CWB Reports Third Quarter Financial Performance

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