Finance, Banking & Insurance

Frankfurt – November 05, 2026 -- Baden-Württemberg-based medicalvalues GmbH won the federal title at the 29th KfW Award Gründen, taking home a total of €10,000 in prize money after a record 581 companies applied across all sectors.

medicalvalues wins federal title with AI diagnostics platform

Each of Germany's 16 federal states named one state winner, and each received €1,000. The 16 state winners then competed for the federal title, and medicalvalues secured an additional €9,000.

The company built an AI platform for integrated diagnostics. It links lab values, symptoms and pre-existing conditions with medical expertise to support physicians. The solution is approved as a medical device. It is already in use at leading laboratory chains and university hospitals in the DACH region and the Benelux countries.

Austin – November 05, 2026 -- Eventus won Best Market, Trade or Communications Surveillance Solution for its Validus platform at the ninth annual Regulation Asia Awards for Excellence, taking its tally in the program to eight honors since 2021.

Judges credit Validus with explainable alerts and multi-asset scale

A member of the independent judging panel said Eventus offers the best balance of detailed abuse detection, multi-asset scale, explainable alert automation and material advances over the past twelve months. Bradley Maclean, Chair of the Awards Committee at Regulation Asia, said: "Surveillance teams need to know why an alert fired." He added that Eventus backed every abuse typology with a clear detection mechanism and managed false positives with discipline.

NEW YORK – November 04, 2026 -- Fortinet shares opened 26.5% below their prior close on Oct. 29 after third-quarter results, leaving an unfilled price gap between $139.44 and $173.02, while the S&P 500 closed Tuesday at 7,568.92, below its 50-day average of 7,692.74 for a third straight session.

Indexes hold above 200-day lines but lag short-term trend

The S&P 500 rose 0.36% on Tuesday and sits about 3.5% under its 52-week intraday high of 7,844.52 set Oct. 6. Monday's close of 7,541.40 was its lowest since July 31. Its 200-day average stands at 7,315.89.

The Nasdaq Composite gained 0.83% to 25,372.01, nearly 1,170 points below its 50-day average of 26,541.66 and about 1.2% above its 200-day average of 25,073.21. The Dow Jones Industrial Average slipped 0.38% to 51,786.72, its third close beneath a 50-day average of 52,152.95. The Russell 2000 added 0.23% to 2,812.45, about six points above its 200-day average of 2,806.49.

DUBLIN – November 04, 2026 -- Aon plc (NYSE: AON) will raise co-insurance under its Aon Client Treaty (ACT) to 35% from 1 January 2027, up from 28.5% in 2026, after renewing the facility with market partners.

The facility covers eligible business placed through Aon's Global Broking Centre and facultative reinsurance placed by Aon's Reinsurance Solutions. Aon said market support matched growing client demand for committed capacity.

ACT Client Dividend of 1.5% will apply to the larger 35% share

Where local law and regulation permit, and subject to eligibility, the 1.5% ACT Client Dividend will apply to the enlarged 35% share of each eligible placement. The dividend therefore covers a larger portion of each placement than it did in 2026.

Frankfurt am Main – November 04, 2026 -- KfW Bankengruppe lifted new commitments in its core promotional business by €26.5 billion, or about 43%, to a record €87.9 billion in the first nine months of 2026, against €61.4 billion a year earlier. All business segments contributed to the increase.

Group profit reached €1,399 million, more than double the €647 million of January-September 2025. The economic result, defined as group profit before IFRS effects, promotional expense and taxes, rose to €2,032 million from €1,364 million.

Domestic promotion climbs 39% to €57.0 billion on building and SME demand

Domestic commitments totaled €57.0 billion, up from €40.9 billion. Demand spanned the full range of building-efficiency products, including heating support, while SME customers sought climate, environmental, digitalization and innovation financing. KfW Capital committed €631 million to fund investments, up 72% from €366 million.

Dallas – November 04, 2026 -- Prospera Financial Services has added Cornerstone Wealth Management, a Rochester, New York, practice with $600 million in assets under management and clients in 25 states, to its independent advisor platform.

Eight advisors and two support staff make the move

Cornerstone's founding members, Marc Johnson and Gene Richardson, are bringing six other financial advisors and associate advisors with them. Two members of the firm's support staff are also joining Prospera.

The practice focuses on retirement planning, estate strategies, risk management and multi-generational wealth management for families and individuals.

Johnson and Richardson bring nearly 75 years of combined experience

The two founders have worked through events ranging from Black Monday in 1987 to the COVID-19 pandemic. Their team's background spans large wire houses and independent wealth management firms.

Washington – November 04, 2026 -- Fannie Mae has awarded a pool of 1,179 non-performing loans with an aggregate unpaid principal balance (UPB) of $252,413,010 to TRF Loan Acquisition, LP, in its twenty-ninth non-performing loan sale. The transaction, announced on October 8, 2026, is expected to close by December 15, 2026. BofA Securities, Inc. marketed the sale with Fannie Mae.

Pool averages $214,091 per loan at a 50% BPO loan-to-value ratio

The weighted average note rate on the pool is 4.56%. The weighted average loan-to-value ratio, based on broker's price opinions (BPO), is 50%.

Cover bid reaches 97.084% of UPB, or 48.44% of BPO

The cover bid, the second-highest offer for the pool, came in at 97.084% of UPB. Against BPO values, it equaled 48.44%. The source does not disclose the winning bid price.

Chicago – November 04, 2026 -- Mesirow served as exclusive financial advisor to Canworks, Inc. in its sale to private equity firm Mason Wells. The release did not disclose financial terms.

Canworks operates five U.S. plants printing directly on aluminum cans

Brothers Ryan and Marshall Thompson founded Canworks in 2020. The company prints directly onto aluminum cans for beverage brands, co-packers, brokers and distributors. Its customers span energy, wellness, hydration, craft beer, CBD and cannabis, ready-to-drink cocktails, seltzers, ciders and kombucha.

Canworks runs facilities in Texas, Georgia, California, Missouri and Connecticut. It sells short-run flexibility, fast turnaround times, premium graphic design and technical support.

MIAMI – – November 04, 2026 -- American Bitcoin Corp. (Nasdaq: ABTC) swung to a third-quarter 2026 net income of about $126 million from a net loss of about $57.2 million in Q2, and reported Adjusted EBITDA of about $221 million versus an Adjusted EBITDA loss of about $45.0 million in the prior quarter.

The company raised its Bitcoin holdings by about 425 BTC, or roughly 5%, to about 8,427 BTC as of September 30, 2026, from about 8,002 BTC on June 30. Satoshis Per Share rose about 5%, from about 10,989 to about 11,572. Management said the gains came without issuing shares through its ATM program and without buying Bitcoin during the quarter.

New York – November 04, 2026 -- SVRN, Inc. (NASDAQ: SVRN) has appointed Patrick O'Kain as Chief Operating Officer, effective November 3, 2026, replacing David Schwed, who held the post since October 2025 and becomes Senior Advisor on January 1, 2027.

O'Kain brings 20 years across venture capital, advisory and law enforcement

O'Kain joins from Borderless Capital, a digital asset investment firm, where as General Partner he led development and management of the venture fund business, covering fundraising, investments and operations. Earlier, he helped establish and scale KPMG's crypto advisory practice, serving banks, fintechs and other institutional clients on digital asset products, blockchain infrastructure and regulatory strategy.