Industry News

Morningstar Research, Inc., a Canadian subsidiary of Morningstar, Inc., a leading provider of independent investment research, has launched an iPad app for financial advisors. Morningstar for Advisors SM App is the free mobile companion to Morningstar ® Advisor Workstation SM, the company's portfolio analysis and investment research platform for financial advisors. Designed to be intuitive and engaging, the new Morningstar for Advisors App syncs..."/>
Morningstar for Advisors App Simplifies Client Engagement for Advisors Anywhere
Morningstar Research, Inc., a Canadian subsidiary of Morningstar, Inc., a leading provider of independent investment research, has launched an iPad app for financial advisors. Morningstar for Advisors SM App is the free mobile companion to Morningstar ® Advisor Workstation SM, the company's portfolio analysis and investment research platform for financial advisors. Designed to be intuitive and engaging, the new Morningstar for Advisors..."/>
Morningstar for Advisors App Simplifies Client Engagement for Advisors Anywhere
PHI Group, a U.S. diversified holding company engaged in mergers and acquisitions, announced today that the Company has received a large portion of the first drawdown of $2.75 million from the $50- million financing facility previously committed by Milost Global, Inc., a U.S. private equity firm, and expects to receive additional funds from Milost Global, Inc. for acquisition and working capital purposes.. The drawdown is in the form of a convertible note..."/>
PHI Group Receives the First Drawdown from the $50-million Milost Equity Subscription Agreement
Integrated Asset Management Corp. and its private debt division, IAM Private Debt Group, today announced the close of its Infrastructure Private Debt Fund with commitments of $347 million. The Fund will make loans with terms up to 25 years. John Robertson, President and CEO of IAM said "We are very pleased to have launched our first Infrastructure Debt Fund, not only because it meets a very specific need from investors but also because it allows us to expand..."/>
Over $ 1 Billion Raised in Fiscal 2016 Integrated Asset Management Corp. and IAM Private Debt Group Announce $347 Million Close of Long-term Infrastructure Debt Fund
Navient, the nation’ s leading loan management, servicing and asset recovery company, joins more than 30 local employers aboard the Battleship New Jersey to participate in an upcoming job fair for veterans, located on 100 Clinton St. in Camden, N.J. from 11 a.m. to 2 p.m. Sponsored by Veteran Recruiting and Penn Mutual, the event is free of charge to all active duty service members, veterans and military spouses."/>
Navient to participate in upcoming veterans job fair aboard Battleship New Jersey
First American Financial Corporation, today announced the completion of a series of integrations with LendingQB that will provide users of the loan origination system with streamlined access to First American's industry-leading products and services that support lenders' efforts to..."/>
Integration enables LendingQB® users to produce high-quality loans using First American services, including title and settlement, home equity, flood data and valuation, as well as data-based decision-support through FraudGuard
Zais Financial Corp. and commercial mortgage REIT Sutherland Asset Management Corp have approved the merger of the two companies in separate meetings, the companies said. This merger was announced in April. In the transactions described in the merger agreement, ZFC stockholders will continue to be stockholders of the surviving corporation and will be eligible to receive cash aggregating approximatelyUSD 64 min a..."/>
Shareholders of US Mortgage REITs Zais Financial, Sutherland Asset Management Approve Merger
First Community Financial Partners, Inc., the parent company of First Community Financial Bank, is pleased to announce that the Company has been named a member of the Sandler O’ Neill Sm-All Stars: Class of 2016. The Sm-All Stars reflect the top performing small-cap banks and thrifts in the country.. According to Sandler O’ Neill+ Partners, an investment banking firm and broker-dealer focused on the financial services sector, banks selected for the 2016 Sm-All..."/>
First Community Financial Partners, Inc. Named 2016 Bank & Thrift “Sm-All Star” by Sandler O’Neill + Partners
Frederick County Bancorp, Inc., the parent company for Frederick County Bank, announced today a quarterly cash dividend on its common stock of $0.07 per share declared on September 26, 2016. This cash dividend is payable on November 15, 2016 to shareholders of record on October 14, 2016.. “We are pleased to announce our 19th consecutive quarterly cash dividend, reflective of FCB’ s successful financial performance and the Board of Directors’ continued confidence..."/>
Frederick County Bancorp, Inc. Announces Dividend
Willis Towers Watson, a leading global advisory, broking and solutions company."/>
Six in 10 millennials would sacrifice pay for guaranteed retirement benefits
Standard Chartered bribed government officials in Indonesia. The alleged payments by Maxpower Group between 2012 and 2015 were intended to help it win work."/>
Daily Mail, London, business briefs column [Daily Mail, London]
Atrium Mortgage Investment Corporation expects to release its financial results for the three months ended September 30, 2016 at 5:00 p.m. EDT on Thursday, October 20, 2016, as previously announced. Interested parties are invited to participate in a conference call with management on Wednesday, October 26, 2016 at 9:00 a.m. EDT to discuss the results. To participate or listen to the conference call live, please call 1 241-0551 or 427-3415.."/>
Atrium Mortgage Investment Corporation Announces Q3 Investor Conference Call October 26, 2016
Daily Mail, London, market report column [Daily Mail, London]
S&P 500 Buybacks Fall 21% in Q2 2016
KeyCorp, today released the results of its latest advisor poll, which examines how the decisions business owners make can impact their wealth in retirement. The poll surveyed 137 Key Private Bank client-facing advisors who specialize in working with business owners to navigate exit strategies, manage succession planning and prepare for retirement. "Whether navigating family dynamics, finding..."/>
Poll Reveals Business Owners Overlook How Their Decisions Impact Wealth In Retirement
Northern Trust announced today that Shannon Morton has joined the company as a Senior Vice President and Senior Portfolio Manager for its Foundation and Institutional Advisors group. Morton will develop, implement and manage investment portfolios for foundations, endowments and nonprofit institutions. She reports to Patrick Everett, Senior Investment Officer for FIA’ s West Region."/>
Northern Trust Strengthens Foundation & Institutional Advisors Group in Houston

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