Industry News

Heritage Global Inc., today announced the sale at public auction of the high-technology manufacturing facility in Trinity, Florida, directly north of Tampa. The plant is located at 7826 Photonics Drive and consists of a 47,480 square foot building on 6.5 acres. The high tech facility is fully climate controlled and is equipped with 4000 amps of power with backup generators."/>
Zetabid Announces Public Real-Estate Auction of a High-Technology Manufacturing Facility in Florida
Aon plc, today announces that the firm has been named Reinsurance Broker of the Year for the third year running at the Asia Insurance Industry Awards 2016 held this week at The Venetian in Macau. The awards recognise excellence in the insurance sector, acknowledging the people and firms that go above and..."/>
Aon Benfield named Reinsurance Broker of the Year at 20th Asia Insurance Industry Awards
Aon plc, has launched its Natural Catastrophe Report for China in Summer 2016 which highlights how China has witnessed its worst flooding since the 1- in-100 year flood event of 1998.. Aon Benfield observes how both 1998 and 2016 experienced severe flood events the year after a super El Nino."/>
Crop damage from major China floods reduces by 70% over 20 years, according to Aon report
Aon plc, has launched its Asia Pacific Solvency Regulation report for 2016 outlining the latest non-life solvency requirements for 20 markets in the region. Aimed at multi-national insurers and reinsurers, including firms looking to expand overseas, the reference guide provides an..."/>
Understanding Asia Pacific insurance regulation is key to growth, says Aon
Mortgage Rates Tick Higher
Sun Life Financial will be launching a new musical instrument lending program. This innovative program, which is the first in Montréal and in Quebec, will connect people to the world of music. Denis Coderre, Mayor of Montréal, and Jeff Stinco& Sébastien Lefebvre of Simple Plan will join us to announce this program. About the Montréal Public Libraries The Montréal Public Libraries has a network of 45 libraries..."/>
MEDIA ADVISORY - Montréal Public Library and Sun Life Financial to launch musical instrument lending library
First American Financial Corporation and leading provider of comprehensive solutions for lenders and servicers that cover the entire loan spectrum, today announced the availability of its FraudGuard ® product through Ellie Mae’ s Total Quality..."/>
First American Mortgage Solutions Helps Users of Ellie Mae Total Quality Loan Program Originate Compliant, Defect-Free Loans
Old Republic International Corporation today announced that it will hold a conference call on Thursday, October 27, at 3:00 p.m. Eastern Time to discuss third quarter 2016 results. The call can be accessed live on Old Republic's website at, or on a listen-only phone line at 888-329-8877.. Investors may also access a replay of the call by dialing 844-512-2921 passcode 1759253 which will be available through November 3,..."/>
Old Republic International Announces Third Quarter 2016 Conference Call
DNB Financial Corp. has closed its acquisition of East River Bank, Philadelphia, Pennsylvania, the company said. On 4 April DNB Financial and East River Bank of Philadelphia announced a deal under which DNB will acquire East River in a stock and cash transaction for total consideration valued at USD 49 m. DNB is the parent company of DNB First, National Association, a community bank headquartered in Downingtown, Pennsylvania."/>
DNB Financial Closes USD 49m Acquisition of Philadelphia’s East River Bank
Meta Financial Group, Inc. and its MetaBank subsidiary have signed a definitive agreement with privately-held Drake Enterprises, Ltd. and its EPS Financial LLC tax payment software subsidiary for MetaBank to acquire substantially all of the assets and certain liabilities of EPS Financial, LLC for approximately USD 42.5 m, the company said. The consideration is to be paid approximately half in Meta Financial common stock..."/>
MetaBank to Acquire Tax Payment Processing Specialist EPS Financial Assets for USD 42.5m
Medley Management Inc., a leading credit-focused asset manager, today announced that David G. Richards will join Medley as a Managing Director and Portfolio Manager of the Sierra Total Return Fund. Richards will be based in New York. Richards is member of the board of directors at American Capital LTD and serves on its executive, audit, and strategic review committees."/>
David G. Richards Joins Medley Management as a Managing Director and Portfolio Manager of Sierra Total Return Fund
Daily Mail, London, market report column [Daily Mail, London]
ICAP plc announced on Thursday that it has acquired Abide Financial, a regulatory reporting firm based in the UK, for an undisclosed amount. Abide will become a subsidiary of ICAP's Post Trade Risk& Information division and Abide's CEO Collin Coleman will report to CEO of PTRI Jenny Knott. The acquisition was led by the company's investment arm, Euclid Opportunities, which focuses on emerging financial technology companies."/>
ICAP announces acquisition of Abide Financial
PIPE Deals Rise 38% in Q3 2016
Daily Mail, London, Alex Brummer column [Daily Mail, London]
Chubb company, is encouraging consumers to consider additional protection during Breast Cancer Awareness Month— recognizing that while cancer survival rates have improved in recent years, people should consider the need for cancer insurance to provide additional coverage beyond existing major medical..."/>
Combined Insurance Educates Consumers During Breast Cancer Awareness Month
Bank of Montreal today announced a domestic public offering of $350 million of Non-Cumulative 5- Year Rate Reset Class B Preferred Shares Series 38 (Non-Viability Contingent Capital)."/>
Bank of Montreal Announces Preferred Share Issue
MarketAxess Holdings Inc., the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, will issue a press release announcing its 2016 third quarter results on Wednesday, October 26, 2016 before the financial markets open. Richard M. McVey, Chairman and Chief Executive Officer, and Antonio L. DeLise, Chief Financial Officer, will host a..."/>
MarketAxess to Host Conference Call Announcing 2016 Third Quarter Results on Wednesday, October 26, 2016

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