Finance, Banking & Insurance

Ericsson Buys Back 2.15 Million Shares for SEK 208 Million in Late August

STOCKHOLM -- September 01, 2026 -- Telefonaktiebolaget LM Ericsson repurchased 2,150,000 Class B shares for SEK 208,051,855 during the week of August 24-28, 2026, according to a filing released August 31. Goldman Sachs Bank Europe SE executed the trades on Nasdaq Stockholm on Ericsson's behalf. The purchases form part of a buyback program of up to SEK 15,000,000,000 that Ericsson launched on April 16, 2026, running through March 31, 2027.

UTF Pays Entire August Distribution From Capital Gains

SHERIDAN, WYOMING -- August 30, 2026 -- Cohen & Steers Infrastructure Fund, Inc. (NYSE: UTF) will pay shareholders a monthly distribution of $0.1650 per share on August 30, 2026, funded entirely by net realized long-term capital gains, according to a Section 19(a) notice released by Cohen & Steers, Inc. on August 28. The New York-based fund reported zero contribution from net investment income, short-term gains, or return of capital for the August payment. Year-to-date through August 31, the fund has distributed $1.2900 per share, with $0.7259 (56.27%) sourced from long-term capital gains and $0.5641 (43.73%) from net investment income.

First Horizon EVP Named Woman of Impact by Heart Association

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First Horizon EVP Named Woman of Impact by Heart Association

SHERIDAN, WYOMING -- August 30, 2026 -- First Horizon Corporation (NYSE: FHN) said Executive Vice President and Operations Executive Amy Perry has been named a 2026 Woman of Impact by the Mid-South Chapter of the American Heart Association and its Go Red for Women initiative. The Memphis-based bank confirmed the recognition on August 30, 2026, tying it to a fundraising campaign that pulled in a record $260,000 this year. Perry was one of 11 women selected for the sixth annual campaign, which channels donations toward heart disease and stroke prevention programs across the Memphis community.

Cohen & Steers Fund FOF Pays Aug. Distribution, Zero Return of Capital

SHERIDAN, WYOMING -- August 30, 2026 -- Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE: FOF) will pay shareholders a monthly distribution of $0.0870 per common share on August 30, 2026, funded entirely by net investment income and realized capital gains, according to a Section 19(a) notice the company issued August 28. None of the payout came from return of capital, the notice showed. The disclosure covers the fund's fiscal year-to-date distributions through August 31, which total $0.6960 per share.

The August payment breaks down as $0.0342 per share, or 39.31%, from net investment income and $0.0528 per share, or 60.69%, from net realized long-term capital gains. No portion came from short-term gains or return of capital. Year-to-date, net investment income accounts for $0.2481 per share (35.65% of total distributions) while long-term gains make up $0.4479 per share (64.35%), with return of capital again at zero.

insureNXT 2026 Expands Insurance Innovation Platform With Record Exhibitor Participation and AI Award Finalists

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insureNXT 2026 Expands Insurance Innovation Platform With Record Exhibitor Participation and AI Award Finalists

SHERIDAN, WYOMING - May 15, 2026 - insureNXT is preparing for its largest edition to date, with more than 230 exhibitors and partners confirmed for the 2026 event in Cologne. The international insurance innovation conference and trade fair is positioning itself as a growing operational and strategic meeting point for insurers, InsurTechs, technology providers, and cross-sector partners focused on transformation initiatives. Organizers also confirmed the finalists for the insureNXT Innovators Award 2026, which this year is centered entirely on artificial intelligence applications for the insurance sector. The combination of expanded exhibitor participation and AI-focused programming highlights increasing industry attention on automation, operational efficiency, and new customer service models.

Halcyon's True Solutions Suite Targets Lending Compliance and Fraud Risk with IRS-Direct Data

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SHERIDAN, WYOMING - April 14, 2026 - Halcyon, a U.S.-based financial technology provider, has positioned its True Solutions Suite as a comprehensive compliance and verification platform for lenders, banks, credit unions, and tax preparation firms. The suite combines direct IRS data access, AI-driven workflow automation, and real-time identity verification to reduce loan rejections, prevent investor buybacks, and maintain regulatory compliance from application to close. The platform addresses a financial services market in which synthetic identity fraud costs U.S. banks an estimated $3.2 billion annually, and where FinCEN's 2024 advisory is tightening detection obligations across participating institutions.

Hale Capital Closes Fund V at $334M AUM, Advances National Security and Technology Portfolio

SHERIDAN, WYOMING - April 14, 2026 - Hale Capital Management has closed Fund V, lifting total assets under management to $334 million and cementing its strategy of partnering with management teams to build and reinvent lower-middle-market national security and technology businesses. The close arrives alongside a cluster of portfolio transactions spanning defense software, real estate data analytics, critical infrastructure security, and AI-driven insurance risk management. Together, the developments position Hale Capital as an increasingly active participant across restructuring, growth equity, and structured debt in government-adjacent technology markets. Recent liquidity events and new platform acquisitions underscore how the firm is deploying capital ahead of and alongside Fund V.

VantagePoint Software Advances Patented AI Trading Platform to More Than 32,000 Users Globally

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SHERIDAN, WYOMING - April 14, 2026 - VantagePoint Software operates an artificial intelligence trading platform that the company states is trusted by more than 32,000 traders globally. The platform is built on patented AI technology and centers its market positioning on predictive forecasting accuracy, citing a stated rate of up to 87.4%. For trading professionals, fund operators, and institutional buyers evaluating analytical decision-support tools, the combination of a disclosed user base and a patent-protected methodology provides concrete reference points in a segment where differentiated performance claims are common but verifiable credentials are comparatively rare.

Bank of America Reports CashPro Payment Surge, $3 Billion Note Redemption, and 341 Merrill Advisor Rankings

SHERIDAN, WYOMING - April 14, 2026 - Bank of America has released a cluster of operational and financial disclosures in early April 2026, led by a 20% increase in CashPro mobile app usage and a client payment throughput rate of $38,000 per second. Alongside the digital milestone, the bank announced the redemption of $3 billion in fixed/floating rate senior notes originally maturing in April 2027 and reported that 341 Merrill advisors have been included on Barron's 2026 "Top 1,500 Financial Advisors" list. The announcements span corporate treasury services, capital structure management, and wealth management, signaling concurrent activity across multiple business lines.

Ashland Place Finance Claims Global Deal Award as Commercial Aviation Lending Activity Accelerates

SHERIDAN, WYOMING - April 14, 2026 - Ashland Place Finance LLC, a U.S.-based global lending platform operating exclusively in commercial aerospace, received the "Global Editor's Deal of the Year" award from Airline Economics on March 10, 2026. The recognition follows a sequence of notable transactions over the preceding eighteen months, including the pricing of a second aviation loan asset-backed securitization in September 2025 and the completion of multiple financing facilities for private equity sponsors and aircraft lessors. The award extends a run of industry recognition that also includes a "Structured Finance Deal of the Year" from Airline Economics in February 2024 and a "Best Americas Deal 2023" from Ishka in March 2024.