Finance

NAIFA to Hold New November Event Named "Belong" to Celebrate Membership

Friday, September 18, 2020 - 6:00pm

FALLS CHURCH, Va., Sept. 18, 2020 /PRNewswire-PRWeb/ -- The National Association of Insurance and Financial Advisors (NAIFA) will hold a new hybrid event called the "Belong Event" on November 17, 2020.

Key Points: 
  • FALLS CHURCH, Va., Sept. 18, 2020 /PRNewswire-PRWeb/ -- The National Association of Insurance and Financial Advisors (NAIFA) will hold a new hybrid event called the "Belong Event" on November 17, 2020.
  • Cammie Scott, NAIFA National President, will oversee the business meeting as she formally calls the association's annual meeting to order.
  • The celebration will be open to all NAIFA members via Zoom, and chapters located in states that allow for in-person gatherings may gather together to hold in-person watch parties to celebrate.
  • The YAT and Diversity awards are peer-reviewed honors given to NAIFA members who have demonstrated outstanding service to the association.

Huobi Vice President Share Opinions on Understanding Why Cryptocurrency Exchanges Can Face Outages

Friday, September 18, 2020 - 5:44pm

LONDON, Sept. 18, 2020 /PRNewswire/ -- On September 17, Ciara Sun, Vice President of Huobi Global Markets of Huobi Group shared an opinion article about her understandings of why cryptocurrency exchanges can face outage in response to the frequent exchange outages events happened to the recent market.

Key Points: 
  • LONDON, Sept. 18, 2020 /PRNewswire/ -- On September 17, Ciara Sun, Vice President of Huobi Global Markets of Huobi Group shared an opinion article about her understandings of why cryptocurrency exchanges can face outage in response to the frequent exchange outages events happened to the recent market.
  • Big price swings often lead to big trading volume and for some exchanges, this cannot be handled and an outage occurs.
  • This is a very basic understanding of why outages can happen, but we would like to educate further on other reasons that can cause outages in cryptocurrency exchanges.
  • Since its launch in 2018, Huobi Futures has maintained the zero clawback record even in the extreme market on Mar.

Forum Merger III Corporation Announces the Separate Trading of its Common Stock and Warrants, Commencing September 21, 2020

Friday, September 18, 2020 - 5:46pm

No fractional warrants will be issued upon separation of the units and only whole warrants will trade.

Key Points: 
  • No fractional warrants will be issued upon separation of the units and only whole warrants will trade.
  • The shares of Class A common stock and warrants that are separated will trade on The Nasdaq Capital Market (Nasdaq) under the symbols FIII and FIIIW, respectively.
  • Those units not separated will continue to trade on Nasdaq under the symbol FIIIU.
  • Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Companys transfer agent, in order to separate the units into shares of Class A common stock and warrants.

Financing Nature: Closing the Global Biodiversity Financing Gap

Friday, September 18, 2020 - 5:21pm

The Paulson Institute, The Nature Conservancy, and the Cornell Atkinson Center for Sustainability today revealed the findings of Financing Nature: Closing the Global Biodiversity Financing Gap report.

Key Points: 
  • The Paulson Institute, The Nature Conservancy, and the Cornell Atkinson Center for Sustainability today revealed the findings of Financing Nature: Closing the Global Biodiversity Financing Gap report.
  • Notably, by tackling harmful subsidies and implementing innovative financing mechanisms and economic policies, governments can play a pivotal role in reducing destructive practices and catalyzing additional financing from the private sector.
  • Continued global biodiversity loss will leave our planet, people, and economies in peril.
  • The Financing Nature report paints a sobering picture of how much new capital must be directed to biodiversity protection.

Veterans United Home Loans Named One of Nation’s Top Workplaces for Women by Great Place to Work® and Fortune

Friday, September 18, 2020 - 5:02pm

Veterans United Home Loans was named one of the nations Top Workplaces for Women by Fortune Magazine and Great Place to Work for the fifth consecutive year.

Key Points: 
  • Veterans United Home Loans was named one of the nations Top Workplaces for Women by Fortune Magazine and Great Place to Work for the fifth consecutive year.
  • This year we have already hired more than 1,000 employees, Larissa Wollard, Associate Director of People Services at Veterans United said.
  • The Best Workplaces for Women is one of a series of rankings by Great Place to Work and Fortune based on employee feedback from Great Place to Work-Certified organizations.
  • To learn more about Great Place to Work Certification and recognition on Best Workplaces lists published with Fortune, visit Greatplacetowork.com .

Snowflake Announces Closing of Initial Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares

Friday, September 18, 2020 - 5:02pm

Snowflake, the cloud data platform, today announced the closing of its initial public offering of 32,200,000 shares of Class A common stock, including the full exercise by the underwriters of their option to purchase 4,200,000 additional shares of Class A common stock, at a price to the public of $120.00 per share.

Key Points: 
  • Snowflake, the cloud data platform, today announced the closing of its initial public offering of 32,200,000 shares of Class A common stock, including the full exercise by the underwriters of their option to purchase 4,200,000 additional shares of Class A common stock, at a price to the public of $120.00 per share.
  • The shares are listed for trading on the New York Stock Exchange under the ticker symbol SNOW.
  • Goldman Sachs & Co. LLC, Morgan Stanley, J.P. Morgan, Allen & Company LLC, and Citigroup acted as lead book-running managers for the offering.
  • Credit Suisse, Barclays, Deutsche Bank Securities, Mizuho Securities, and Truist Securities acted as book-running managers, and BTIG, Canaccord Genuity, Capital One Securities, Cowen, D.A.

StepStone Announces Closing of Initial Public Offering

Friday, September 18, 2020 - 4:54pm

NEW YORK, Sept. 18, 2020 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP) today announced the closing of its initial public offering of 20,125,000 shares of its Class A common stock, which includes the exercise in full by the underwriters of their option to purchase up to 2,625,000 additional shares of Class A common stock, at a public offering price of $18.00 per share.

Key Points: 
  • NEW YORK, Sept. 18, 2020 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP) today announced the closing of its initial public offering of 20,125,000 shares of its Class A common stock, which includes the exercise in full by the underwriters of their option to purchase up to 2,625,000 additional shares of Class A common stock, at a public offering price of $18.00 per share.
  • The shares began trading on the Nasdaq Global Select Market on September 16, 2020 under the ticker symbol STEP.
  • J.P. Morgan, Goldman Sachs & Co. LLC and Morgan Stanley acted as joint lead book-running managers for the offering.
  • Barclays and UBS Investment Bank acted as joint book-running managers for the offering.

KBRA Releases Research – The Graying of Japan and ESG Credit Implications

Friday, September 18, 2020 - 5:00pm

Environmental, Social and Governance (ESG) Considerations by Sector: Sovereigns

Key Points: 
  • Environmental, Social and Governance (ESG) Considerations by Sector: Sovereigns
    KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.
  • In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus.
  • KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider and is a certified Credit Rating Agency (CRA) with the European Securities and Markets Authority (ESMA).
  • Kroll Bond Rating Agency Europe is located at 6-8 College Green, Dublin 2, Ireland.

Global Payment Processing Solutions Market (2020 to 2025) - Rising Financial Inclusion Across the Globe Presents Opportunities - ResearchAndMarkets.com

Friday, September 18, 2020 - 4:48pm

The global payment processing solutions market is expected to grow from USD 74,396 million in 2020 to USD 1,20,774 million by 2025, at a CAGR of 10.2%, during the forecast period.

Key Points: 
  • The global payment processing solutions market is expected to grow from USD 74,396 million in 2020 to USD 1,20,774 million by 2025, at a CAGR of 10.2%, during the forecast period.
  • Normally, an e-Wallet is a payment service through which individuals and businesses can send and receive money through a mobile device.
  • Moreover, the increasing market of retail in APAC has enabled the payment processing solutions provider to focus more in this region for providing advanced solutions.
  • In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the payment processing solutions market.