Financial services
Leadway Holdings, a Nigerian financial services group, has completed a transaction to acquire 100 percent equity interest in Pensions Alliance Limited (PAL). The acquisition marks a significant milestone in Nigeria's pension industry, as the two companies combine to create one of the largest and most resilient pension fund
Financial services
Insigneo, a leading global wealth management firm, has introduced Alia 2.0, a comprehensive technology platform designed to streamline and modernize the advisor workflow. This sophisticated solution brings together essential elements of portfolio management, client onboarding, and compliance into a single digital environment, empowering investment professionals with greater clarity, control,
Financial services
The Ontario Real Estate Association (OREA) is urging the Real Estate Council of Ontario (RECO) to come under the oversight of the province's ombudsman following a high-profile scandal involving Mississauga-based brokerage iPro Realty Ltd. OREA's call for independent oversight comes as RECO faces criticism for its
Financial services
Bo Menkiti, the co-founder and CEO of Keller Williams Capital Properties (KWCP), has announced his transition out of the CEO role to focus on strategic initiatives across The Menkiti Group's portfolio. Menkiti founded KWCP in 2005 with a vision to create a real estate company by agents, for
Financial services
Triad Partners, a financial services organization, announced that its wealth management affiliate, Triad Wealth Partners, has reached a significant milestone by surpassing $1 billion in assets under management (AUM). This achievement reflects the fast-growing advisor network and the firm's commitment to delivering tailored investment strategies for high-net-worth individuals
Financial services
The recent infrastructure collapse in Gurgaon has caused a significant dip in real estate sales, with developers and brokerage firms reporting a sharp decrease in site visits by buyers. Experts believe that Noida may gain an edge over Gurgaon due to better infrastructure and the upcoming airport. The situation is
Financial services
AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of "a-" (Excellent) for Seguros Suramericana S.A. (Sura), a Panama-based insurer. The stable outlook reflects Sura's strong balance sheet, adequate operating performance, and appropriate enterprise risk management, supported
Financial services
Pagaya AI Debt Grantor Trust 2025-6 and Pagaya AI Debt Trust 2025-6, collectively known as PAID 2025-6, is an unsecured consumer loan ABS transaction that has received preliminary ratings from Kroll Bond Rating Agency, LLC (KBRA). The transaction features initial hard credit enhancement levels ranging from 82.04% for the
Financial services
JM Financial, a leading brokerage firm, has predicted a 67% upside in Piramal Pharma due to a major US deal and a strong financial outlook. The domestic brokerage house has given a 'Buy' rating on the CDMO player and set a target price of Rs 313 per share.
Financial services
Wedbush Securities, a prominent financial services firm, has strengthened its wealth management presence in Cleveland, Ohio, through the partnership with Goodman Wealth Advisors (GWA). The addition of GWA, led by Chairman and CEO John V. Goodman, will significantly enhance Wedbush's financial services offerings in the region. With a
Economic growth
The National Credit Guarantee Company (NCGC) has made a significant stride in Nigeria's economic journey by formalizing strategic partnerships with leading Participating Financial Institutions (PFIs) through a Memorandum of Understanding (MoU) at the Victoria Hall, Lagos Continental Hotel. This ceremony marks a crucial milestone in Nigeria's
Financial markets
The Depository Trust and Clearing Corporation's (DTCC) Fixed Income Clearing Corporation (FICC) subsidiary has formally filed with the Securities and Exchange Commission (SEC) a rule filing to enhance FICC's Sponsored Service with a new cleared tri-party offering known as the Sponsored General Collateral (GC) "Collateral-in-Lieu&
