Industry News

Sun Life Financial Inc. is pleased to announce the appointment of Kevin Morrissey as Senior Vice-President and Chief Actuary. As Sun Life Financial's Chief Actuary, Kevin has responsibility for the corporate oversight of actuarial practices enterprise-wide and provides leadership, direction and vision for the company's actuarial community globally. "Kevin has deep experience across business and corporate functions, most recently creating and..."/>
Sun Life Financial announces appointment of Chief Actuary
SB Financial Group, Inc. expects to release its third-quarter 2016 financial results on Thursday, October 20, 2016, after the close of the market. The company will hold a related conference call and webcast on Friday, October 21, at 11:00 a.m. EDT. Interested parties may access the conference call by dialing 1-888-338-9469. The conference call also will be webcast live at http://www.yoursbfinancial.com/investorrelations. html."/>
SB Financial Group, Inc. Announces Schedule for Third-Quarter 2016 Results
Building Homes, Building Hope - One Essay at a Time!
Umpqua Holdings Corporation, parent company of Umpqua Bank and Umpqua Investments, today announced that it will host its third quarter 2016 earnings conference call on Thursday, October 20, 2016, at 10:00 a.m. PT. During the call, the Company will provide an update on recent activities and discuss its third quarter 2016 financial results, which are expected to be released after the market closes on October 19, 2016. There will be a live question-and-answer..."/>
Umpqua Holdings Corporation Announces Third Quarter 2016 Earnings Conference Call on October 20, 2016
Pacific Mercantile Bancorp, today announced that it has extended a $5.8 million credit facility to Hyperikon to help finance the company’ s continued growth. In addition to the credit facility, Hyperikon will utilize a full suite of Pacific Mercantile Bank’ s cash management products.. Based in San Diego, Hyperikon is one of the leading U.S.-based manufacturers of LED lighting systems for..."/>
Pacific Mercantile Bank Provides $5.8 Million in Financing to Hyperikon
JMP Group LLC on Wednesday disclosed that Scott Margolis joined JMP Securities as a managing director and head of convertible sales and trading. In this role, Margolis will be based in the company's New York office. Most recently, Margolis was a managing director at Piper Jaffray, where he traded convertible and hybrid securities and provided institutional sales coverage as a senior member of the fixed-income services group."/>
JMP names Scott Margolis as head of Convertible Sales and Trading
TD Ameritrade Holding Corporation announced on Thursday that Brian Levitt has been elected to its board of directors, effective 1 October 2016.. A designee of The Toronto-Dominion Bank, Levitt will fill the vacancy created by the expiry of TD's waiver of its rights to designate one of its directors, which accommodated the election of TD Ameritrade president and chief executive officer elect, Tim Hockey as of 2 January 2016. He joins the board as CEO Fred Tomczyk retires from the..."/>
TD Ameritrade's board elects Brian Levitt as director
Alliance Data company, has signed a new, multi-year agreement with CNO Financial Group, Inc., a national holding company to insurance brands Bankers Life, Washington National and Colonial Penn. With this agreement, Epsilon will build a centralized marketing database solution for the full suite of CNO brands to enable more integrated, strategic and personalized communications across channels including direct mail, television,..."/>
Epsilon Signs New Multi-Year Agreement With CNO Financial Group For Enterprise Marketing Database Solution And Marketing Data Services
BankUnited Inc approved a common stock cash dividend of USD0.21 per share, the company disclosed on Thursday. Stockholders of record at the close of business on 17 October 2016 will receive the dividend payment on 31 October 2016.. A bank holding company, BankUnited is the parent of BankUnited NA, a national bank headquartered in Miami Lakes, Florida with 95 branches in Florida and six banking centres in the New York metropolitan area."/>
BankUnited announces dividend of USD0.21 per share for quarter
Northern Trust on Thursday revealed that Vignesh Vijayakumar and Yovan Dabee will join its Global Family& Private Investment Offices team in London, to support the complex needs of ultra-high net worth families in Europe, Middle East and Africa. This group that is growing in EMEA, increased its new client base by almost 20% in the first half of 2016, the company said and added that it was founded in 1982 and serves families of significant wealth, their private foundations and the..."/>
Northern Trust names Vignesh Vijayakumar and Yovan Dabee to its Global Family & Private Investment Office Group in London
Moody's Corporation will release third quarter 2016 results before the start of NYSE trading on Friday, October 21, 2016."/>
Dates Set for Moody's Earnings Release and Investor Teleconference
Eaton Vance Management, a subsidiary of Eaton Vance Corp., announced today the expansion of its Singapore-based subsidiary, Eaton Vance Management International Pte. Ltd. with the hiring of Shivramakrishnan, CFA, as Vice President and Senior Global Income Trader. Iyer is responsible for identifying, recommending and executing trades for Eaton Vance's global income and other strategies."/>
Eaton Vance Bolsters Presence in Singapore
Howard Hughes Corporation ® announced today that it has successfully completed a $238 million refinancing of the debt maturing September 29, 2016 with an affiliate of Wells Fargo& Co. for its acclaimed urban master planned community- Ward Village ®- in Honolulu, HI. The new non-recourse term loan bears interest at..."/>
The Howard Hughes Corporation® Completes Refinancing of Ward Village® Term Loan
Radian Group Inc. today announced Peter Danna has rejoined the company as Senior Vice President, Structured Products. In his new role, Danna will seek to foster new business while leading and managing a cross-functional group supporting the development of structured residential mortgage credit products and related services outside of traditional mortgage..."/>
Radian Appoints Peter Danna as SVP, Structured Products
Assured Guaranty Corp., a subsidiary of Assured Guaranty Ltd.. The purchase price consists of the transfer to MBIA UK Holdings of notes issued by Zohar II 2005-1 CLO with an aggregate outstanding principal amount of approximately $347 million and a cash payment by MBIA UK Holdings to Assured of $23..."/>
MBIA Insurance Corporation Announces Agreement to Sell Subsidiary
Assured Guaranty’ s Insured Portfolio. HAMILTON, Bermuda---- Assured Guaranty Ltd., the leading financial guaranty insurance company, announced that its subsidiary Assured Guaranty Corp. has entered into an agreement to acquire MBIA UK Insurance Limited, the European operating subsidiary of MBIA Insurance Corporation. The parties expect the transaction to close in early January 2017, subject to receipt of regulatory approvals..."/>
Assured Guaranty to Acquire MBIA UK Insurance Limited
CapStar Financial Holdings, Inc. has closed the initial public offering of 2,972,750 shares of its common stock, including 387,750 shares purchased by the underwriters pursuant to the full exercise of their purchase option, the company said. The shares were sold at a public offering price of USD15.00 per share, resulting in aggregate gross proceeds of approximately USD44.6 million. The net proceeds are expected to be approximately USD22 million."/>
CapStar exercises purchase option, closes IPO
ZAIS Financial Corp. and Sutherland Asset Management Corporation, have received the necessary stockholder approvals to move forward with their previously announced merger, the companies said. At two separate special meetings of the stockholders of ZFC and Sutherland held today, the ZFC stockholders voted in favor of the proposal to issue shares to Sutherland stockholders in connection with the merger, and the Sutherland stockholders voted in favor of the proposal to..."/>
ZAIS Financial, Sutherland Asset Management report stockholder approvals on merger
M&T Bank Corporation has acknowledged the passing of Richard G. King, a member of the company's board of directors since 2000, the company said. King joined the boards of both M&T and its subsidiary M&T Bank in 2000, following M&T's acquisition of Pennsylvania-based Keystone Financial. He was a member of the board's audit, examining, and trust and investment committees."/>
M&T Bank director passes away
Camden National Corporation has declared a dividend of USD0.20 per share, the company said. The declared dividend is payable on October 31, 2016, for shareholders of record on October 17, 2016.. Camden National Corporation is the holding company of Camden National Bank and Acadia Trust, N.A."/>
Camden National declares dividend

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