NEW YORK--(BUSINESS WIRE)--Motive Capital Corp II (the “Company”) today announced that commencing January 27, 2022, holders of the units sold in the Company’s initial public offering of 34,137,444 units may elect to separately trade the Class A ordinary shares and warrants included in the units. The Class A ordinary shares and warrants that are separated […]
Stratton Equities will underwrite loans upfront and reduce the loan origination processing times using Lendsmart’s AI underwriting platform. NEW YORK--(BUSINESS WIRE)--#banking--Please replace the release dated January 24, 2022 with the following corrected version due to multiple revisions. The updated release reads: STRATTON EQUITIES ANNOUNCES PARTNERSHIP WITH LENDSMART TO EXPEDITE ITS UNDERWRITING PROCESS Stratton Equities will […]
Record Full Year 2021 Net Income of $300.1 million, or $8.91 Per Diluted Share, Up 153% Over Full Year 2020 Record Deposit Growth of $5.5 billion, Up 48% Year-Over-Year Q4 2021 Net Income of $98.6 million, or $2.87 Per Diluted Share, Up 87% Over Q4 2020 Q4 2021 ROAA of 2.08% and ROCE of 33.2% Q4 […]
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the special shareholder meeting for First Trust Horizon Managed Volatility Domestic ETF (NYSE Arca: HUSV) and First Trust Horizon Managed Volatility Developed International ETF (NYSE Arca: HDMV), both series of First Trust Exchange-Traded Fund III (the “Trust”), has been adjourned in order to allow shareholders […]
NEW YORK--(BUSINESS WIRE)--#banking--Lendsmart, an AI-driven digital lending platform, today announced its partnership with Stratton Equities, the leading Nationwide Direct Hard Money and NON-QM Lender that specializes in fast and flexible lending processes for borrowers with real estate investment properties. Stratton Equities is integrating with Lendsmart’s AI-powered underwriting platform to underwrite loans upfront and reduce the […]
LONDON--(BUSINESS WIRE)--Al Rajhi Bank Malaysia (ARBM), a wholly-owned subsidiary of the world's largest Islamic bank by assets, Al Rajhi Bank of the Kingdom of Saudi Arabia (KSA), has selected Thought Machine, the cloud native core banking technology firm, to power their upcoming next-generation digital bank and strengthen their position as a leader in Islamic banking. […]
MCKINNEY, Texas--(BUSINESS WIRE)--Independent Bank Group, Inc. (NASDAQ: IBTX) today announced net income of $54.2 million, or $1.26 per diluted share, for the quarter ended December 31, 2021, compared to $58.3 million, or $1.35 per diluted share, for the quarter ended December 31, 2020 and $52.3 million, or $1.21 per diluted share, for the quarter ended […]
Partnership Provides Long Term Financing to Meat Alimentos, enabling the business to expand its production capacity and launch a new burger chain brand, expanding current operations from five outlets to twenty-three by 2023. SAN DIEGO--(BUSINESS WIRE)--ETHOS ASSET MANAGEMENT INC USA, announced a new long-term financing partnership with Meat Alimentos e Servicos Ltda., a successful food […]
With over two decades of experience in the hardware, sustainability and aerospace sectors, Mark will focus on ensuring Archer’s finance infrastructure robustly supports the company’s progress towards its goal of launching manufacturing operations in 2023 and achieving FAA Type Certification in 2024 After 11.5 years at Bloom Energy and 25 years in corporate finance, Mark […]
SANTA MONICA, Calif.--(BUSINESS WIRE)--Douglas Emmett, Inc. (NYSE: DEI), a real estate investment trust (REIT), announced today the tax treatment of its 2021 common stock dividends as described below. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Douglas Emmett dividends. Record Date Paid […]
CHICAGO--(BUSINESS WIRE)--RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. and RiverNorth Specialty Finance Corporation are each pleased to announce the declaration of preferred dividends for the first quarter of 2022, as detailed below. Ex Date Record Date Payable Date February 1, 2022 February 2, 2022 February 15, 2022 Fund Name Preferred Stock Series NYSE Distribution Per Share RiverNorth/DoubleLine […]
LOS ANGELES--(BUSINESS WIRE)--RBB Bancorp (NASDAQ: RBB) announced today that Royal Business Bank, the wholly-owned subsidiary of RBB, completed the acquisition of the Honolulu, Hawaii branch office the Bank of the Orient on January 14, 2022. Royal Business Bank acquired all the premises and equipment at the Branch, all deposits totaling approximately $81.7 million, selected performing […]
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