Apex Tech Acquisition Inc. announced the appointment of Florence Ng as its chief executive officer on July 20, 2026, while retaining Shaoren Liu in key leadership positions, including chief financial officer, board chair, and director. Ng’s extensive background in mergers, acquisitions, and public company …
Digital Brands Group appointed David Sosnowski as an independent director, marking the first board addition since the firm’s founding. The appointment comes with a $100,000 annual cash retainer. This infusion of governance may provide a fresh perspective as the company navigates the challenges of …
KORE Group Holdings announced the closure of a $300 million term loan and a $25 million revolving credit facility, both secured on the assets of its subsidiaries. The facilities, which mature on the sixth anniversary of their execution, give the company fresh liquidity to …
TFIN, a diversified financial services company trading on the NYSE, disclosed its second quarter 2026 financial results on July 21, 2026, covering the six-month period ending June 30, 2026. The company operates through multiple segments including banking, factoring, payments, and intelligence services, alongside real …
CoastalSouth Bancshares, Inc. (NYSE: COSO) delivered earnings per share of $0.51 for the quarter, missing the $0.56 consensus forecast. The shortfall reflects a modest earnings decline despite a solid balance‑sheet expansion and improved asset yields. Investors see a net earnings squeeze, yet the bank’s …
Finwise Bancorp announced the purchase of Tallied Technologies’ credit‑card platform, converting roughly $50 million of previously third‑party‑managed balances into assets held directly by its banking subsidiary. The move gives the company complete control over issuance, processing and servicing, while removing revenue sharing with external …
Goldman Sachs is opening a private markets platform customized for wealthy investors and family offices, giving them direct access to stakes in high-growth private companies. The move comes as demand surges for pre-IPO opportunities in startups like SpaceX and Stripe, which have captured the …
PayPal, once hailed as a benchmark of fintech success, is now confronting unsolicited merger discussions that have eroded its standing among investors. The sudden pivot reflects a broader reassessment of growth prospects within the digital payments space, prompting traders to trim exposure to the …
John Healey has been sworn in as the United Kingdom’s finance minister, a development that immediately set off a ripple through the City of London and beyond. Traders across forex desks noted an early swing in the pound, while investors in gilts tightened spreads …
General Motors Financial reported a second‑quarter net profit of $432 million, marking a decline from the $510 million earned in the same period last year. Total originations, combining retail loans and operating leases, rose to $14.2 billion, while earning assets stood at $125.5 billion …