Financials

CRISIL Research has launched India’s first index to act as a benchmark for performance of investments of foreign portfolio investors (FPI) in the fixed-income market, in both rupee and dollar versions. The composite index is constructed based on the regulatory...

Old Second Bancorp, Inc. and Greater Chicago Financial Corp. jointly announced the signing of a definitive agreement and plan of merger (the "Agreement") whereby Old Second Bancorp, Inc. will acquire Greater Chicago Financial Corp. and its wholly-owned bank subsidiary,...

Hub International Limited (Hub), a leading global insurance brokerage, announced that it has acquired the assets of Contractor's Services, Inc. and Surety Services, LLC . Terms of the acquisitions were not disclosed. Headquartered in Timonium, Maryland, CSI and SS provide...

Totten Insurance Group , a leading national insurance managing general agency, announced today that it has acquired the shares of Canadian Resources Insurance Solutions, Inc. (CRIS), a Sudbury, Ontario-based insurance wholesaler. Terms of the acquisition were not disclosed. This...

GSO Diamond Portfolio Fund LP , a newly formed $950 million investment fund sponsored by GSO Capital Partners LP, the global credit investment platform of Blackstone, successfully closed on the previously announced acquisition of approximately $2.4 billion in corporate...

Direct Line Insurance Group plc ("Direct Line Group" or the "Group") announces a 15% equity stake in Canopy, a rental market disruptor founded in 2016, which is targeting the traditional rental market head-on. Canopy offers an alternative to costly security...

Navient, a leading provider of asset management and business processing solutions, announced it has entered into an agreement to acquire Earnest, a leading financial technology and education finance company. “Combining Earnest’s best-in-class data science, digital marketing, and technology with Navient’s...