Asset Management

Financial Institutions, Inc. to Release Q3 2024 Results and Address BaaS Wind Down
Capital, Risk & Assets Financial Institutions, Inc. to Release Q3 2024 Results and Address BaaS Wind Down

Financial Institutions, Inc. (NASDAQ: FISI) is set to disclose its financial results for the third quarter of 2024, an event that has generated considerable anticipation among stakeholders. Slated for release on October 24, 2024, after the market closes, the results will offer a window into the

Financial Pitfalls: Costs of Neglecting Debt, Budgeting, and Investing
Capital, Risk & Assets Financial Pitfalls: Costs of Neglecting Debt, Budgeting, and Investing

Many Americans enthusiastically set financial goals each New Year, yet a substantial number fail to achieve them. This trend has significant repercussions that extend beyond personal disappointment, affecting overall financial health and stability. By understanding these ramifications, individuals

Can Revolut, DZ Bank, and Louisiana Shape the Future of Digital Assets?
Capital, Risk & Assets Can Revolut, DZ Bank, and Louisiana Shape the Future of Digital Assets?

The digital asset and blockchain industry is rapidly evolving, with significant strides being made by various entities globally. Revolut, DZ Bank, and the U.S. state of Louisiana have recently taken notable steps towards integrating digital assets into mainstream financial systems and public

BCIC Boosts Stake in Bank of Montreal Amid Cautious Market Sentiment
Capital, Risk & Assets BCIC Boosts Stake in Bank of Montreal Amid Cautious Market Sentiment

The recent acquisition activities of BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp (BCIC) in the Bank of Montreal (BMO) have drawn considerable attention. The move underscores strong institutional confidence in BMO while highlighting a cautious sentiment prevailing in the market. Analyzing the

Oppenheimer Boosts Stake in Atlantic Union Amid Institutional Confidence
Capital, Risk & Assets Oppenheimer Boosts Stake in Atlantic Union Amid Institutional Confidence

Oppenheimer Asset Management Inc. made a significant move by increasing its shareholding in Atlantic Union Bankshares Co. (NASDAQ:AUB). This maneuver underscores the bank's solid market performance and the confidence that large institutional investors have in its potential. The following sections

Close Brothers Divests CBAM to Oaktree in £200M Strategic Realignment Plan
Capital, Risk & Assets Close Brothers Divests CBAM to Oaktree in £200M Strategic Realignment Plan

Close Brothers Group, a UK-based merchant bank, has recently signed an agreement to sell its wealth management division, Close Brothers Asset Management (CBAM), to funds managed by Oaktree Capital Management. The transaction is valued up to £200 million and signifies a notable strategic shift for

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