Finance, Banking & Insurance

DETROIT – November 02, 2026 -- Ally Financial (NYSE: ALLY) earned the top overall spot in two Money Best Banks 2027 categories, National Bank and Online Bank, and collected recognition from five other organizations covering workplace culture, leadership and corporate trust.

Money ranks Ally Bank best overall among national and online banks

Money evaluated more than 115 retail banks, credit unions and regional institutions for its national bank category. It cited Ally's competitive rates, absence of monthly maintenance fees and strong JD Power customer satisfaction scores.

WASHINGTON – November 02, 2026 -- Kirk M. Goehring, chief executive officer of Decatur County Bank in West Tennessee, is one of 11 recipients of the American Bankers Association's 2026 Emerging Leader Awards, which honor leadership, professional achievement and community service in banking.

ABA selects 11 winners through a competitive multi-round review

Banking industry professionals evaluated nominations submitted from across the country in a multi-round process. Goehring and the other members of the Class of 2026 were recognized during the ABA Annual Convention in Salt Lake City, Utah, in October.

Selection criteria include dedication to the profession, innovative thinking, leadership skills, mentoring ability, personal integrity and sustained career growth. The committee also weighs each nominee's commitment to a long-term banking career, professional experience and academic training.

Greenwich – November 03, 2026 -- Leverage Shares by Themes is preparing three leveraged and inverse single-stock ETFs tied to Anthropic, which is expected to trade under the ticker ANT after its anticipated IPO.

Three funds target long and short daily exposure to Anthropic stock

The lineup comprises the Leverage Shares 2x Long Anthropic Daily ETF (ANUU), the 2x Short Anthropic Daily ETF (ANDD) and the 1x Short Anthropic Daily ETF (ANSS). ANUU seeks 200% of Anthropic's daily performance before fees and expenses. ANDD targets -200% and ANSS targets -100% of the same daily move.

The funds give investors leveraged bullish or inverse exposure through an exchange-traded structure, with no need to open a leveraged or short position in the stock directly. The funds do not invest directly in the underlying stock. The provider says they use derivatives such as futures contracts and swaps.

DALLAS – November 03, 2026 -- The Highland Opportunities and Income Fund (NYSE: HFRO) declared a regular monthly distribution of $0.0385 per common share, payable on November 30, 2026.

HFRO sets November 23 record date for shareholders

Shareholders of record at the close of business on November 23, 2026, will receive the payment. The closed-end fund declares and pays distributions monthly.

Fund spreads investments across real estate, credit and floating-rate assets

HFRO seeks capital growth alongside income in a registered fund format. It invests directly and indirectly, including through derivatives that are the economic equivalent of direct holdings, in three categories:

TEL AVIV – November 03, 2026 -- Elron Ventures Ltd. (TASE: ELRN) has appointed three new directors and an interim chairman, and is searching for a new CFO, as it prepares to deploy up to $300 million in a defense and dual-use acquisition program with Rafael Advanced Defense Systems.

Dan Hoz returns as interim chairman after prior stint at the helm

Board member Dan Hoz becomes Interim Chairman. He previously chaired Elron and is familiar with its portfolio companies and strategy. Hoz was Managing Director of Siemens EDA in Israel, Vice President at Siemens Digital Industries Software, and earlier CEO of Valor.

Former Cellebrite CFO Dana Gerner joins as external director

Dana Gerner, previously Chief Financial Officer of Cellebrite, takes an External Director seat. Elron cites her record in growth strategy, capital markets activity and investor relations at global, publicly traded technology companies.

LUXEMBOURG – November 03, 2026 -- Asset managers' profit per unit of assets under management has fallen 19% since 2018 and is projected to drop another 9.1% by 2030, according to PwC's Global Asset Management Infrastructure report. Decisions on what to build, buy or access through partners now shape how firms compete.

Fee compression limits the ability to invest for 67% of respondents. Only 23% direct most of their technology budget to new capabilities, while 29% spend more than 70% of it maintaining legacy systems. The survey covered 150 asset managers and 50 infrastructure providers.

Munich – November 03, 2026 -- Continentale is urging its sales partners to promote special payments into the Basisrente, as 2026 tax-deductible contributions reach up to EUR 30,826 for single filers and EUR 61,652 for jointly assessed couples.

Continentale tells brokers to approach clients with unused tax headroom

Clients who have not exhausted their deductible limit can make a one-off top-up, the insurer says. The actual tax relief depends on each client's income and pension situation. Continentale also wants intermediaries to explain how the Basisrente and the new retirement savings account (Altersvorsorgedepot) will work together from 2027.

Stockholm – November 03, 2026 -- Svea Mining AB has appointed DNB Carnegie Investment Bank AB as liquidity provider for its shares on Spotlight Stock Market, at a cost of SEK 25,000 per month excluding VAT. DNB Carnegie took up the role on October 27, 2026, the company's first day of trading under the ticker SVEA.

DNB Carnegie must quote both sides of the market for 85% of trading hours

Under Spotlight's liquidity provider rules, DNB Carnegie will post bid and ask prices for at least 85 percent of trading hours each day. Each quote must be for at least SEK 5,000 on both sides, with a maximum spread of 6 percent. The aim is to improve liquidity in the share and narrow the gap between bid and ask prices.

London – November 03, 2026 -- PRIMA founder Alexander Zhardanovsky has pledged £10 million across 2027-2028 to expand the CC (Climate Change) Investment Forum globally, under a Letter of Intent signed with forum founder Max Studennikoff.

Letter of Intent was signed at the 27-30 October London forum at the Mayfair Hotel

Zhardanovsky is a serial tech entrepreneur whose PRIMA aims to monetise the Recommendation Economy. The pledge is meant to fund the forum's work bringing people of influence together to tackle climate change and other global challenges. Studennikoff said the money will help the forum "accelerate and amplify" its work.

London – November 03, 2026 -- Neudata has appointed Tom Fletcher-Manuel as Chief Revenue Officer, handing him responsibility for global sales, account management and go-to-market execution across its products and services.

Former Third Bridge executive led a commercial team of about 90

Fletcher-Manuel brings more than 15 years of commercial leadership across financial information, investment research and data businesses. He joins from Third Bridge, where he spent more than six years, most recently as Head of Commercial for Public Equities & Credit across Europe and North America.