Finance, Banking & Insurance

Berlin – November 12, 2026 -- Some 52 percent of respondents say they know little or nothing about what happens on the stock market, according to a Bankenverband survey cited as the Economic Council of the CDU convened its financial market retreat in Berlin.

Only 39 percent of working-age people have seriously addressed retirement provision

The same Bankenverband study found that just 39 percent of people of working age have seriously engaged with their retirement planning. Wolfgang Steiger, secretary general of the Economic Council, says better financial education is essential to reduce reluctance toward capital markets, enable informed investment decisions and strengthen individual retirement provision.

HOUSTON – November 10, 2026 -- MSC Income Fund, Inc. (NYSE: MSIF) will pay $0.36 per share in dividends for the first quarter of 2027, after its Board of Directors declared regular monthly dividends totaling $0.33 and a $0.03 supplemental dividend.

Board sets $0.11 monthly dividends for January, February and March 2027

The regular cash dividends are $0.11 per share for each of the three months. The supplemental $0.03 per share dividend is payable in March 2027.

Supplemental dividend draws on taxable income left undistributed at September 30, 2026

The Fund will pay the $0.03 supplemental dividend out of undistributed taxable income, meaning taxable income in excess of dividends paid, as of September 30, 2026.

Wheeling, W.Va. – November 10, 2026 -- McKinley Carter Wealth Services (MCWS) ranked No. 98 on CNBC's 2026 Financial Advisor 100, making it the only West Virginia-based firm among 100 registered investment advisory firms selected from 41,578 nationwide.

CNBC cut 41,578 RIAs to 100 through a multi-stage screen

CNBC built the list, published Oct. 8, with data partner AccuPoint Solutions. The process began with every RIA in the SEC's regulatory database and narrowed the field to 1,015 firms that met CNBC's requirements and passed due diligence, including checks for regulatory disclosures. Finalists completed surveys, and AccuPoint ranked them on CNBC's weighted criteria.

Arlington – November 10, 2026 -- Eighty-seven percent of US bank executives expect their funding costs to rise over the next 12 months, according to the third quarter Bank Executive Business Outlook Survey by fintech IntraFi.

Survey of 411 bank leaders shows little relief in loan demand

IntraFi conducted the survey online from October 5 to October 19, 2026. It covers 411 bank CEOs, presidents, CFOs and COOs nationwide. IntraFi CEO and cofounder Mark Jacobsen said bankers face "pressure on both sides of the balance sheet" and must pursue growth without sacrificing profitability or overextending balance sheets.

Washington – November 10, 2026 -- More than 1,700 institutions holding approximately $40 trillion in assets have made fossil-fuel divestment commitments, a movement that helped earn Dr. Ellen Dorsey, Executive Director of Wallace Global Fund (WGF), a place on TIME's 2026 TIME100 Climate list of the 100 most influential climate leaders.

WGF's fossil-free endowment delivered top-decile returns

WGF moved its entire endowment out of fossil fuels and other harmful industries in 2010 and into a 100% mission-aligned portfolio. The portfolio posted top-decile investment returns in its last full decade. That record challenges the argument that institutions must choose between financial performance and climate commitments.

TORONTO – November 10, 2026 -- Royal Bank of Canada (TSX: RY; NYSE: RY) has agreed to acquire Yarra Capital Management Limited, an Australian active manager with about A$18 billion in assets under management, with completion expected in the first quarter of 2027.

RBC to take full ownership of Yarra, subject to regulatory approval

Under the agreement, RBC will acquire full ownership of Yarra, subject to closing conditions that include regulatory approval. RBC said the transaction is not expected to have a significant impact on its common equity Tier 1 (CET1) ratio or future run rate earnings. The announcement included no purchase price.

Stamford – November 10, 2026 -- Some 83% of U.S. consumers plan to do most of their holiday shopping with retailers they know and trust, according to new holiday findings from Synchrony's In Sync with Consumers survey. Rewards and financing are also gaining weight in purchase decisions, with several measures up double digits on 2025.

Favorite retailers get the first look at holiday budgets

Some 80% of respondents said they will check favorite retailers for holiday offers before considering other sources. Another 55% plan to support more local retailers and small businesses, up 5 percentage points from 2025. Meanwhile, 28% are taking a more selective approach to what and where they buy.

Darrell Owens, EVP and CEO, Lifestyle at Synchrony (NYSE: SYF), said trust earns retailers the first look, but clear, differentiated value converts interest into sales.

Plano, Texas – November 10, 2026 -- Alkami Technology (Nasdaq: ALKT) will put Chief Financial Officer Cassandra Hudson in front of investors at the 2026 Stephens Annual Investment Conference (NASH2026) on Tuesday, November 17, 2026.

Alkami makes CFO Cassandra Hudson its presenter at NASH2026

The company said its executive leadership will present at the event, with Hudson named as the sole presenter. A webcast and replay will be available on Alkami's investor relations website after the conference.

Alkami sells an integrated digital platform to U.S. banks and credit unions

Alkami provides a digital sales and service platform for U.S. financial institutions. Its unified platform combines onboarding, digital banking, and data and marketing solutions. Each module can run on its own, according to the company.

Alkami frames its strategy around "Anticipatory Banking," aiming to give data-informed bankers technology that drives action.

NEW YORK – November 10, 2026 -- Lazard Asset Management has entered the fixed income ETF market with three actively managed funds that began trading on NYSE Arca on launch day, lifting its US active ETF platform to 10 products.

The launches are the Lazard US High Yield ETF (HYB), the Lazard Hybrid Financial Income ETF (HYFY) and the Lazard Non-Dollar Active Income ETF (XDLR). The platform has passed $2 billion in assets under management since its April 2025 debut. Rob Forsyth, Global Head of ETFs at Lazard, said the three strategies offer access to "some of our highest-conviction ideas across bond markets."

New York – November 10, 2026 -- MSIG USA has appointed Andrew Pateyuk, a property underwriter with more than 20 years of experience, as head of retail and wholesale property, expanding its specialty underwriting bench as it pursues growth in the U.S. market.

Pateyuk takes charge of underwriting strategy and portfolio performance

Pateyuk will oversee MSIG USA's retail and wholesale property businesses. His remit covers underwriting strategy, portfolio performance and profitable growth. He will work with underwriting and distribution leadership, using data, analytics and technical expertise to support disciplined risk selection and execution.

MSIG USA CEO Peter McKenna said Pateyuk brings the "technical expertise, underwriting judgment and leadership experience" needed to advance the property business. McKenna also cited his background in underwriting and risk engineering and his understanding of the retail and wholesale markets.