Thekey has launched a $20 million scientific research fund centered on improving the comprehension, innovation and promotion of a block chain-based social insurance application.
Northern Trust has improved its post-trade compliance platform with the aim to offer institutional investors with the flexibility and control in monitoring their investment activities across portfolios, which would be provided to investors globally.
MUFG Union Bank, N.A and Principal Real Estate Investors have created MUFG Principal Commercial Capital, a lending platform, which they will both co-manage.
On June 19, U.S. Magistrate Judge Sallie Kim ordered the Education Department to cease loan debt collections from defrauded for-profit college students.
Zurex Pharma Inc., a Baird Capital Portfolio company, has raised $9 million ahead of its pending New Drug Application submission and review by the U.S. Food and Drug Administration for its first product, ZurexPrep.
Previously available in some regions only, it will now be offered across the U.S., leveraging its existing SunTrust Robinson Humphrey Inc. and SunTrust Bank offices.
After the Federal Reserve announced an increase in the Federal Funds rate, SunTrust Bank has increased its prime lending rate from 4.75 to 5.00 percent, effective June 14.
May's jobs report was good news for the economy but also has many financial experts touting warnings of inflation, higher interest rates and other impacts it might have on the financial market.
The House Appropriations Committee has released its $674.6 billion defense spending bill, which includes $605 billion in base discretionary spending in the House version, a lower number than requested by the Trump Administration.
The positive employment report released by the Bureau of Labor Statistics last month shows good news for the economy, but one investment strategist is delving into the details of the report and its potential impact on economy.