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Articles by 166293

Citi Announces Agreement to Sell Philippines Consumer Bank to UnionBank of the Philippines

23rd December 2021
Citi Continues to Execute on Global Consumer Bank Strategic Actions MANILA, Philippines--(BUSINESS WIRE)--Citi today announced it has reached agreement with UnionBank of the Philippines (hereafter “UnionBank”) on the acquisition of Citi’s consumer banking franchise in the Philippines. The transaction covers Citi’s local credit card, unsecured lending, deposit and investment businesses, as well as Citicorp Financial […]
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KBRA Releases Research – November Unemployment Rates—30 States Reporting Below Pre-Pandemic Levels; NY, CA, and NJ Continue to Lag

22nd December 2021
NEW YORK--(BUSINESS WIRE)--#KBRA--Kroll Bond Rating Agency (KBRA) releases commentary on the trends in the November 2021 state-level unemployment data. In this installment of our series on state unemployment rates, KBRA examines November 2021 state data released on December 17. State unemployment rates have reached yet another milestone in their recovery, with 30 states recording unemployment […]
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ixFintech Group Limited Announces Launch of ixWallet 2.0 and Plans to Launch New Asset-backed TeaCoin

22nd December 2021
HONG KONG--(BUSINESS WIRE)--IX Fintech Group Limited (ixFintech) is honoured to announce the successful integration of privacy identity authentication and post quantum computing security into ixWallet to safeguard users' identity against cybersecurity risk. In Q1 2022, the company also aims to launch ixPoint, the company's first-ever reward point scheme, as well as the first asset-backed TeaCoin. […]
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First Farmers and Merchants Corporation Declares Quarterly Cash Dividend of $0.21 Per Share

22nd December 2021
COLUMBIA, Tenn.--(BUSINESS WIRE)--First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that its Board of Directors has declared the Company’s regular quarterly cash dividend of $0.21 per share, which will be paid on January 14, 2022, to shareholders of record as of December 31, 2021. […]
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Western Asset Mortgage Capital Corporation Declares Fourth Quarter Dividend of $0.06 Per Share; Announces Focus on Residential Real Estate Related Investments

22nd December 2021
PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (the “Company”) (NYSE: WMC) announced today that its Board of Directors has declared a cash dividend of $0.06 per share for the fourth quarter of 2021. Today’s dividend is payable on January 26, 2022 to common shareholders of record as of December 31, 2021, with an ex-dividend date […]
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CORRECTING and REPLACING Starlight Capital Announces 2022 Cash Distributions for Listed ETFs

22nd December 2021
TORONTO--(BUSINESS WIRE)--Please replace the release dated 12/20/21 with the following corrected version. The updated release reads: STARLIGHT CAPITAL ANNOUNCES 2022 CASH DISTRIBUTIONS FOR LISTED ETFS Starlight Investments Capital LP (“Starlight Capital”), announced today the 2022 monthly distributions for its exchange-traded funds (ETFs) - The Starlight Global Infrastructure Fund (NEO:SCGI.UN) and Starlight Global Real Estate Fund […]
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California to offer financial support for cannabis equity businesses through fee waivers

21st December 2021
Emergency regulations for the equity license fee waiver program were approved today SACRAMENTO, Calif.--(BUSINESS WIRE)--Cannabis entrepreneurs affected by the War on Drugs can have their license or renewal fee waived, following the approval of emergency regulations issued by the Department of Cannabis Control (DCC). These regulations implement Senate Bill (SB) 166, signed into law on […]
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Larkspur Health Acquisition Corp. Prices $75 Million Initial Public Offering

21st December 2021
NEW YORK--(BUSINESS WIRE)--Larkspur Health Acquisition Corp., a newly organized blank-check special purpose acquisition company formed as a Delaware corporation, today announced the pricing of its initial public offering of 7,500,000 units at an offering price of $10.00 per unit, with each unit consisting of one share of common stock and three-fourths of one redeemable warrant. […]
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CC Industries Announces Acquisition of CIE

21st December 2021
Leading global producer of high-quality, specialty alcohols maintains family ownership CHICAGO--(BUSINESS WIRE)--CC Industries, Inc. (“CCI”) announced today it acquired CIE (the “Company”) from a widely held shareholder group. Founded in 2004, CIE is one of the largest producers of grain-based, high-quality, specialty alcohols in the United States. This acquisition expands CCI’s portfolio of industry-leading businesses […]
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Bank of Hope Enters Atlanta Market With New Branch Opening in Duluth, Georgia

21st December 2021
LOS ANGELES & ATLANTA--(BUSINESS WIRE)--Hope Bancorp, Inc. (the “Company”) (NASDAQ: HOPE), the holding company of Bank of Hope (the “Bank”), today announced the opening of a full-service branch in Duluth, the epicenter of Atlanta’s growing Korean American community. Bank of Hope’s Duluth Branch, located at 3764 Old Norcross Road, Duluth, Ga. 30096, increases the number […]
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Apella Announces $21 Million Series A Funding to Digitize the Operating Room

21st December 2021
Funding to Support Development and Deployment of AI Technology Platform for Surgery SAN FRANCISCO--(BUSINESS WIRE)--Apella, a technology company dedicated to improving surgery, has announced completion of $21 million in Series A funding. The financing was led by Casdin Capital, who was joined by Vensana Capital, PFM Health Sciences, Twine Ventures, Upside Partnership, and Operator Partners […]
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Dominic Barton to succeed Simon Thompson as Chair

20th December 2021
MELBOURNE--(BUSINESS WIRE)--The Board of Rio Tinto has selected Dominic Barton to succeed Simon Thompson as the company’s new Chair. Dominic will join the Board with effect from 4 April, 2022 and be appointed to the role of Chair at the conclusion of the Rio Tinto Limited annual general meeting on 5 May 2022. Simon Thompson […]
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