Benefits of Short-Term Cash Advances
Payday loans might be an excellent solution if you find yourself in a bind and need some quick cash. You may acquire the money you need quickly by applying for these loans. However, did you realize that payday loans also provide several…
US indicts 2 asset managers in Venezuelan oil-related money laundering scheme
The United States Department of Justice accused two financial asset managers with laundered funds illegally obtained from Petróleos de Venezuela SA (PDVSA), a Venezuelan state-controlled oil and gas company, in a US$1.2 billion global…
Northstar Asset Management LLC reduces its position in Johnson & Johnson (NYSE:JNJ)
Northstar Asset Management LLC reduced its holdings in Johnson & Johnson (NYSE:JNJ - Get Rating) by 1.7% during the 1st quarter, according to the company in its latest filing with the SEC. The institutional!-->…
Oportun values $400 million in asset-backed securities | New
SAN CARLOS, Calif., July 15. 2022 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven financial…
Asset Servicing Industry News | Softek Expands Brokerage and RIA Services with Acquisition of…
Softek, a provider of capital and credit management solutions, announced the acquisition of Gentech (H2 FinTech), formerly part of GWM Holdings. Gentech is…
Kubota Prepares $648.4 Million Equipment Loan ABS
Kubota Credit Owner Trust, 2022-2, is gearing up to hit the market with $648.4 million in asset-backed notes secured by retail installment loans on new equipment.Agricultural, construction and turf equipment account for pool concentrations…
CWA Asset Management Group LLC reduces its position in JPMorgan Chase & Co. (NYSE:JPM)
CWA Asset Management Group LLC reduced its stake in JPMorgan Chase & Co. (NYSE:JPM) by 9.9% in Q1, according to the company in its latest filing with the Securities & Exchange Commission. The fund held!-->…
Dell Equipment Finance Trust to raise $940 million in general capital
Fitch Ratings is expected to assign a stable rating to nearly $940 million in notes issued by Dell Equipment Finance Trust to raise general finance funds. The transaction, DEFT 2022-2, includes $258 million in Class A-1 notes with an…
The MLC Asset Management approach to planning for every rainy day – Hans Lee
Just like the weather in Australia, no two days are ever alike. The same could be said for investing. Six months ago, global central banks were discussing the nature of inflation as "transient", with some factors like supply…
Pegasus Asset Management Inc. reduces its stake in Verizon Communications Inc. (NYSE:VZ)
Pegasus Asset Management Inc. trimmed its position in Verizon Communications Inc. (NYSE:VZ – Get Rating) by 0.4% during the first quarter, HoldingsChannel.com reports. The company held 69,328 shares of the mobile!-->…
Sumitomo Mitsui DS Asset Management Company Ltd holds $668,000 worth of shares in Whirlpool Co.…
Sumitomo Mitsui DS Asset Management Company Ltd reduced its position in Whirlpool Co. (NYSE: WHR – Get Rating) by 14.2% during the first quarter, HoldingsChannel.com reports. The institutional investor held 3,866!-->…
DH Property Holdings and Goldman Sachs Asset Management Complete Sale of Logistics Center at 640…
DH Property Holdings, LLC, a leading developer of urban infill industrial logistics facilities, and the real estate business of Goldman Sachs Asset Management (Goldman Sachs) have sold their interest in 640 Columbia Street, a three-story!-->…
Asset manager Victor Smorgon just bought carbon credits using ANZ’s stablecoin
Melbourne family-owned investment firm Victor Smorgon Group (VSG) has launched another digital transaction using ANZ Bank's stablecoin A$DC, this time buying carbon credits.
VSG used A$DC to purchase the BCAU carbon tokens…
Seelaus Asset Management LLC trims position in Johnson & Johnson stock (NYSE:JNJ)
Seelaus Asset Management LLC reduced its stake in Johnson & Johnson (NYSE:JNJ - Get Rating) by 8.2% during the 1st quarter, reports HoldingsChannel.com. The fund held 4,478 shares of the company after selling!-->…
Guinness Atkinson Asset Management Inc increases stake in Chevron Co. (NYSE:CVX)
Guinness Atkinson Asset Management Inc increased its stake in Chevron Co. (NYSE:CVX - Get Rating) by 26.4% in the first quarter, HoldingsChannel reports. The company held 6,346 shares of the oil and gas company!-->…
JELD-WEN Holding, Inc. (NYSE: JELD) Major Shareholder Turtle Creek Asset Management Acquires 50,000…
Major shareholder of JELD-WEN Holding, Inc. (NYSE:JELD - Get Rating), Turtle Creek Asset Management, purchased 50,000 shares in a transaction on Tuesday, June 21. The shares were acquired at an average cost of $13.15 per share, with a…
The government will clarify the tax on virtual digital assets this week; employers may have to pay…
New Delhi: The government is set to issue detailed clarifications regarding the Virtual Digital Asset (VDA) tax this week. Additionally, employers will have to pay a 30% tax on the cryptocurrencies they offer their employees as…
Brookfield Asset Management Year – GuruFocus.com
BROOKFIELD, NEWS, May 19, 2022 (GLOBE NEWSWIRE) -- Brookfield (:BAM, TSX:BAM.A) announced today that it has received approval from the Toronto Stock Exchange ("TSX") for the renewal of its normal course issuer bid to purchase up to…
California Fingers Digital Financial Asset Firms for Licensing – Financial Services
June 16, 2022
Allen Matkins Leck…
Grubhub adds instant payment option for delivery drivers
Diving brief:
Grubhub launched a new featurecalled Instant Cashout via Direct to Debit, which gives its drivers immediate access to their earnings. The offer is enabled by Paypal's…
As Bitcoin and Other Cryptos Fall, Digital Asset Firms Chill Bids
Falling cryptocurrency prices are beginning to upend the plans of companies that deal in bitcoin and related fields, amplifying the impact of an already steep market pullback. As 2022 approached, crypto deal making was all the rage as…
Asset manager Ninepoint offers deal to unfreeze investor redemptions for largest private debt fund
Five months into its cash crunch, Toronto-based asset manager Ninepoint Partners LP has proposed a restructuring to unfreeze redemptions of its iconic private debt fund — a plan that would allow the investment vehicle to continue while…
The best inflation stocks? This asset manager calls Visa and Mastercard “the purest…
Visa (V), MasterCard (MA) could benefit from an inflationary environment as "people are looking to maintain their current standard of living, they can also put more on their credit card." – Photo: Shutter Stock VISA (V) and…
Instant Pay Critical in War for Freelancers
In an age of scarce talent, quick payment options can be a competitive advantage.
Businesses' outdated payment systems can be plagued with delays and errors that can quickly lead to financial hardship for employees. And for freelancers…
Brookfield Asset Management Inc (TSE:BAM.A) Receives Consensus “Buy” Rating from…
Brookfield Asset Management Inc (TSE:BAM.A - Get Rating) (NYSE:BAM) received a consensus "Buy" recommendation from the seven brokerages that currently cover the business, MarketBeat Ratings reports. One investment analyst gave the stock a…
Asset Finance and Leasing Software Market: Introspective Market Research Reveals Reasons for Market…
Market overview
Asset Finance & Leasing Software Market Size is expected to reach USD 2,345.82 Million by 2028, from an estimated USD 1,074.49 Million in 2021, growing at a CAGR of 11.8 % in the world.
Asset leasing software, often…
NMAI CEF – Nuveen Multi-Asset CEF, 9.4% Yield (NYSE: NMAI)
gorodenkoff/iStock via Getty ImagesThesis Nuveen Multi-Asset Income Fund (NYSE: NMAI) is a new closed-end fund from Nuveen. CEF began trading on the NYSE on November 22, 2021, following the reorganization of Nuveen Diversified Dividend…
Kansas cops have taken $21 million through civilian asset forfeiture over the past two years
Kansas law enforcement agencies have raised $21 million through civil asset forfeiture over the past two years, according to a report released this week by the Americans for Prosperity Foundation (AFPF).
The…
Pimco Dynamic Income Fund: 11.8% return, marginal net asset premium
da-kuk/E+ via Getty Images The 2022 stock market sell-off weighed heavily on the PIMCO Dynamic Income Fund (New York Stock Exchange: PDI). As a result of this liquidation, PDI is now trading at a negligible premium to the fund's net asset…
Holy Redeemer Credit Union Holds 78th Annual General Meeting; Reports asset growth of over $25…
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Posted: Saturday, May 28, 2022. 2:46 p.m. CST. By Aaron Humes: It's safe to say that the Holy Redeemer Credit Union (HRCU) is one of the few institutions that can fill the Civic Center to…
Gold’s performance as a safe asset has improved: Rbi’s annual report
Gold's performance as a safe asset among other asset classes has improved during recent phases of financial cycles, the Reserve Bank of India (RBI) said in its annual report for 2021 on Friday. -22.…
Mastercard executive says widespread adoption of digital assets will eventually come to fruition…
jbk_photography/iStock Editorial via Getty Images MasterCard (NYSE: MA) Harold Bossé, vice president of new product development and innovation, believes that the widespread adoption of blockchain technology and digital assets will…
Hybrids: the active turbocharger returns for Yarra Capital – Angus Kennedy
When you think of a capital structure, you have senior debt on one side and equity on the other. Middle titles can be unloved at times, but those who know how to find value here just can't get enough.
It is in this region that…
Brian William Kingston Sells 400,000 Shares of Brookfield Asset Management Inc (TSE: BAM.A) Stock
Brookfield Asset Management Inc (TSE:BAM.A - Get Rating) (NYSE:BAM) Senior executive Brian William Kingston has sold 400,000 shares of the company in a trade dated Monday, May 16. The stock was sold at an average price of CA$61.30, for a…
2022-05-20 | TSX:PSU.U | Press release
TORONTO, May 20, 2022 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (Purpose Investments) today announced corrections to the Record Date, Ex-Distribution Date and May 2022 Distribution Rate for Purpose US Cash ETF (TSX: PSU.U; the…
Operation HOPE brings together leading regulators and digital asset companies to define how to…
The conference aims to encourage companies to sign the Investor Bill of Rights and get started first Cryptocurrency Financial Literacy Program
ATLANTE, May 20, 2022 /PRNewswire/ -- Today, Operation HOPE hosted a Cryptocurrencies and…
Asset Services Clearing and Settlement News
State Street has partnered with Paxos, through which it will integrate State Street custodial services into the Paxos Settlement Service.As part of the…
Asset Servicing Industry News | Matrix Applications Updates Multi-Asset Trading Lifecycle System
Matrix Application has announced an update to its QTIX business lifecycle and warranty management system, which has been rebranded as “Elevate”. Elevate is…
Western banks explore asset swaps as way out of Russia
UniCredit and Citigroup are considering asset swaps with Russian financial institutions as Western banks leaving the country scramble to avoid steep writedowns on their operations, according to people with knowledge of their…
Deutsche Bank Aktiengesellschaft cuts Brookfield Asset Management (NYSE:BAM) price target to $60.00
Brookfield Asset Management (NYSE: BAM – Get Rating) (TSE: BAM.A) had its price target reduced by Deutsche Bank Aktiengesellschaft equity research analysts from $62.00 to $60.00 in a report on Friday, reports The!-->…
Conning Announces New Focus Series
HARTFORD, Conn., May 11, 2022 /PRNewswire/ -- Annuity insurers affiliated with asset managers ("AM-affiliated annuity insurers") have gained significant market share in direct premiums and reserves for individual fixed and indexed…
Zacks Investment Research upgrades Brookfield Asset Management (NYSE: BAM) to “Hold”
Brookfield Asset Management (NYSE: BAM – Get Rating) (TSE: BAM.A) was upgraded by Zacks Investment Research from a "sell" rating to a "hold" rating in a research report released on Monday, Zacks.com reports.!-->…
Brookfield Asset Management sells 750,000 shares of Brookfield Asset Management Inc. (NYSE:BAM)…
Brookfield Asset Management Inc. (NYSE:BAM – Get Rating) (TSE:BAM.A) insider Brookfield Asset Management In sold 750,000 shares in a trade that took place on Wednesday, May 4. The stock was sold at an average price!-->…
CIFAR Flags to Monitor Asset Quality as Loan Portfolio Grows for Affordable Housing Finance…
The loan portfolio of Affordable Housing Finance Companies (AHFCs) is expected to grow 17-20% in fiscal 2023, ratings agency ICRA said in a report. But, he also warned that asset quality should be monitored.He said growth in the loan…
Direct analysis: Brookfield Asset Management Reinsurance Partners (NYSE: BAMR) and Assurant (NYSE:…
Brookfield Asset Management Reinsurance Partners (NYSE:BAMR – Get Rating) and Assurant (NYSE:AIZ – Get Rating) are both finance companies, but which company is better? We will compare the two companies based on the!-->…
Metrobank obtains P8 B in the first quarter; higher lending with better asset quality – Manila…
Metropolitan Bank & Trust Company (Metrobank) recorded a net profit of P8.0 billion infirst quarter of 2022. Metrobank's strong performance is attributed to net stabilityinterest income supported by the resumption of loans, a slight…
Downside risks to global growth are real, many
The predictable cycle of downgrading the global economic outlook has officially begun. That's the message of the semi-annual World Economic Outlook just released by the International Monetary Fund (IMF), which reinforces earlier…
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Why poor IT asset lifecycle management is fast becoming a serious cyber vulnerability
Earlier this year, banking giant Morgan Stanley agreed to pay plaintiffs $60 million to settle a class action lawsuit stemming from a pair of data breaches uncovered in 2019.
While…
Solar Energy Company Prepares $647 Million ABS
Solar panel provider Sunrun is preparing a $647.6 million asset-backed security that bundles loans related to residential solar leases and power purchase agreements."A Solar Power Purchase Agreement (PPA) is a financial agreement in which a…
Quitting smoking could be an ‘instant pay raise’ amid cost of living crisis, urges North…
A leading health organization in the North East has urged smokers to quit - and reminded them it could 'feel like an instant pay rise'. Amid a cost of living crisis and rising inflation, regional tobacco control organization Fresh has!-->…
Call for QE, elimination of central bank assets adds new market risks
April 19 (Reuters) - Major central banks, which are already preparing interest rate hikes in the fight against inflation, are also preparing a joint withdrawal from major financial markets in a first-ever round of "tightening". global…
HDFC Bank in the fourth quarter up 22.8% net thanks to better asset quality and higher interest…
HDFC Bank on Saturday reported net profit of Rs 10,055.2 crore on a stand-alone basis for the quarter ended March 2022 (Q4FY22), up 22.8% from Rs 8,186.51 crore a year ago. year.
Net interest income (NII), the difference between interest…
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Combine flexible working with free instant pay – 7shifts and Clair team up to redefine how…
NEW YORK, April 13, 2022--(BUSINESS WIRE)--7 teamsintuitive employee scheduling and management software designed for the restaurant industry, announced a partnership with Claire, a mission-driven, New York-based digital banking platform.…
DWS backs asset mix to harness Asia’s rebound
Positive signs have emerged for the Chinese stock market, allowing the country to play a key role in creating opportunities in Asia as the region reopens in the coming months.
According to Sean Taylor, Director of Apac Investments…
An Uber for Asset-Backed Lending – Is the Future of Secured Lending Branchless?
In today's technologically advanced world, lending has reduced the complexities of a time-consuming process from…
The New UK Qualifying Asset Holding Company Regime – A Quick Overview | Vinson & Elkins…
The UK Qualifying Asset Holding Company ("QAHC") tax regime came into effect on 1 April 2022. The regime provides a generous relaxation of certain UK tax rules for UK resident investment vehicles that meet certain qualifying criteria.…
Memphis has become Ground Zero for predatory lending
According to a recent report on predatory lending published by the HOPE Policy Institute and the Black Clergy Collaborative of Memphis (BCCM).
According to the HOPE-BCCM report, there are currently 114 high-cost loan storefronts in…
UK Buyers at Westfield Shopping Centers Benefit from BNPL Option
Customers at more than a dozen stores in London's Westfield shopping centers and Stratford City can now use a buy it now, pay later (BNPL) option when shopping, Bloomberg reported on Wednesday (April 6).
Clearpay Finance Solutions, a…
AESOP prepares 400 million dollars in ABS
Avis Budget Rental Car Series 2022-1 financing prepares to hit the market with a $400 million asset-backed securities (ABS) deal, secured by a revolving pool of Avis Budget Car Rental vehicles available at location.In a change from previous…
Slick Cash Loan Offers Instant Loans Guaranteed Approval Online Across the United States
Slick Cash Loan makes it easy for anyone to get a loan with instant loans online with guaranteed approval.Slick Cash Loan, the leading online loan service renowned for its fast and reliable loan services, now offers online instant loans…
6 things to look for in payday loan companies
We all face financial challenges at some point and that's when credit comes in handy. When you need money to cover unexpected expenses, you can consider a payday loan. However, it can be quite difficult to access the best payday…
MoneyMutual Review – Legit Bad Credit Loan Provider or Fake Lender?
MoneyMutual is a payday loan company that allows a customer to borrow money ranging from $200 to $5000 within 24 hours of applying, even someone with bad credit.
Loans are obtained by filling out a simple form on…
Pintec enables Wagepay to upgrade digital credit services
Melbourne, Australia, April 6, 2022 /PRNewswire/ -- Pintec Technology Holdings Limited ("Pintec"; NASDAQ: PT), a leading provider of financial technology solutions, today announced that its partner Wagepay Pty. ltd.…
GoDo and Highnote Bring Financial Inclusion to Millions of Americans Living Paycheck to Paycheck |…
SAN FRANCISCO, April 05, 2022 (GLOBE NEWSWIRE) -- Go doa fintech offering free same-day advances to…
Unreasonable Conduct in Asset Based Lending: Stubbings v Jams 2 Pty Ltd [2022] HCA 6
Recently, the High Court of Australia found impermissible conduct by a lender in an asset-based lending and ruled that the lender could not rely on certificates of legal and financial advice obtained from the borrower to immunize the…
3 Workable Policy Ideas for Nevada Jobs Reform
This opinion column was submitted by Jose Vasquez-Maldonado, Democratic candidate for Assembly District 24.My name is Jose Vasquez-Maldonado and I am running for Assembly District 24 to raise awareness of the unhealthy and unsafe conditions…
Pawnshop firm to refund £2million to customers over unaffordable loans
THOUSANDS of borrowers could be repaid for unaffordable loans made between April 2014 and October 2019.
Lender H&T said he would repay customers over £2million after finding more than one in 10 loans should never have been made in the…
5 Strategies I Used to Boost My Credit Score from 400 to Over 650
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I suffered from drug addiction for a decade and destroyed my credit during those years.…
Q1 2022 results for UAE banks will reinforce recent asset gains and profitability
Dubai: UAE banks could see strong profit growth in Q1 2022 with continued improvement in margins, asset quality and operational efficiencies.
The strong recovery in operating conditions in the UAE economy will be reflected in…
Why asset allocation funds are a good bet for FY23
Nimesh Shah: Why do we come with so many thematic funds? We believe mutual funds or funds of funds are a great way to invest in thematic funds. I started something called a thematic advantage fund. He has a good track record.Suppose you…
From housing assistance to repairs, there’s no quick fix for decades of economic racism…
About Us is a forum to explore issues of race and identity in the USA. Register to receive the newsletter.You learn a lot by writing a book, as I did with my latest effort: "Solving the Racial Wealth Gap: Racism and discrimination put us…
Riot at the Capitol: the man behind a truck full of Molotovs gets four years
An Alabama man who parked a van full of weapons and Molotov cocktail components near the U.S. Capitol on the day of last year's riot was sentenced Friday to nearly four years in prison.
U.S. District Judge Colleen…
New vehicles should average 40 mpg by 2026, up from 24 mpg
DETROIT –
New vehicles sold in the United States will have to average at least 40 miles per gallon of gasoline in 2026, compared to about 24 mpg, under new federal rules unveiled Friday.
The National Highway Traffic Safety…
This dynamic asset allocation fund has produced over 48% returns in 3 years
IDFC Balanced Advantage Fund - Direct Plan - Growth It is a dynamic asset allocation hybrid mutual fund, launched on October 10, 2014 by the IDFC mutual fund. Under the Direct Plan-Growth program of this fund, its…
London payday lenders targeted by protesters calling for change
Local members of a national group representing low- and middle-income families demonstrated Thursday against payday loan and check cashing operators. ACORN Canada members conducted an awareness campaign aimed at putting…
It’s high time to act on payday loans
Sometimes the demands made on governments seem so eminently reasonable that it's amazing they need to be repeated over and over again.In a report released last week, ACORN, a nonprofit group that advocates for low- and middle-income…
A deeper asset history opens up new lending opportunities
Until recently, lenders took a “less is more” approach to collecting asset documentation, and that’s understandable. The process of requesting, reviewing and (often) re- requesting statements can be cumbersome and time-consuming for…
GOP Ads Attack Lamont’s Integrity, Democrats Respond In Kind
The first television ad for a super PAC complements presumptive Republican gubernatorial nominee Bob Stefanowski's attacks on the integrity and transparency of the first Democratic governor, Ned Lamont.
The 30-second CT Truth PAC…