Customer Support - Crypto exchanges generate billions of dollars in annual profit but struggle to hire sufficient customer support agents [1] - Customer service issues and lack of responsiveness are apparent, as indicated by the user seeking a contact at Kraken [1]

InfraRed is part of Sun Life, a leading Canadian-based financial services company, and is an experienced digital infrastructure owner. Both organizations will work to ensure a seamless transition for Rogers Business customers. Rogers will continue to sell connectivity and data centre services into the facilities Proceeds will be used to pay down debt TORONTO, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B; NYSE: RCI) today announced it has entered into a definitive agreem ...

More than $4.3 million in scholarships granted since 2019 CHICAGO, Aug. 14, 2025 /PRNewswire/ -- CME Group Foundation today announced that 18 low-income, first-generation college students who are majoring in finance, technology and related fields have each been awarded up to $20,000 in scholarships, which are renewable for three years. Today, CME Group executives will host a Day of Recognition and Market Education for those receiving scholarships. Students will learn more about internship and career opportu ...

Core Viewpoint - Lufax Holding Ltd announced the resignation of Mr. Weidong Li as an independent non-executive Director and the appointment of Ms. Wai Ping Tina Lee to the same position, effective August 14, 2025, reflecting changes in personal work commitments and the company's ongoing governance adjustments [1][2]. Group 1: Management Changes - Mr. Weidong Li resigned from his roles as an independent non-executive Director, member of the Audit Committee, and chairman of the Nomination and Remuneration Committee due to personal work arrangements [1]. - Ms. Wai Ping Tina Lee has been appointed as an independent non-executive Director and a member of both the Audit Committee and the Nomination and Remuneration Committee, effective August 14, 2025 [2][4]. - Mr. David Xianglin Li also resigned as a member of the Nomination and Remuneration Committee, leading to the appointment of Mr. Dicky Peter Yip as the new chairman of that committee [4]. Group 2: Profile of New Director - Ms. Wai Ping Tina Lee, aged 63, has over 40 years of experience in legal and banking sectors, previously holding senior legal positions at The Hongkong and Shanghai Banking Corporation Limited from 2001 to 2023 [3]. - Her career includes roles such as Senior Legal Counsel and Regional Head of Legal for Commercial Banking in Asia Pacific, showcasing her extensive expertise in financial services [3]. - Ms. Lee's educational background includes a Professional Diploma in Business Studies (Banking) and legal qualifications from Hong Kong University SPACE and Manchester Metropolitan University [3]. Group 3: Company Overview - Lufax is recognized as a leading financial services enabler for small business owners in China, offering financing products tailored to their needs [5]. - The company has established partnerships with 85 financial institutions in China, many of which have collaborated with Lufax for over three years [5].

Collaborate with Polygon, Arbitrum and Solana to deliver scalable blockchain infrastructure for regulated tokenized yield product HONG KONG, Aug. 14, 2025 (GLOBE NEWSWIRE) -- SOLOWIN HOLDINGS (NASDAQ: SWIN) ("Solowin" or the "Company"), a leading financial services firm providing comprehensive solutions across traditional and digital assets, today announced its initiative to achieve US$1 billion in assets under management (AUM) for its USD Money Market Real Yield Token (RYT) by the end of 2025. Launched on ...

Financial Performance H1 2025 - MLP Group achieved a record high in total revenue of €529 million, driven by growth in all competence fields[3,6] - Assets under management reached a record high of €63.9 billion[3,12] - Non-life insurance premium volume also hit a record high of €785 million[3,12] - Recurring revenue accounted for 68% of the sales revenue in 2024[7] - EBIT for H1 2025 was €42.7 million, a decrease of 12% compared to €48.7 million in H1 2024[17] Strategic Developments - The company is developing an AI service agent to increase client benefit and improve process efficiency[19,20,21] - MLP Group is expanding its corporate client business through the :pxtra digital platform, already serving over 200 corporate clients and 10,000 users[23,24] - A new digital platform, RVM SmartProtect, is being launched to tap into the SME market[25,26] Forecast and Planning - The forecast for 2025 is confirmed, with an expected EBIT of €100 to €110 million[3,31] - The planning for 2028 is reaffirmed, projecting significant growth to an EBIT of €140 to €150 million[3,36] - The company aims to increase assets under management to €75 to €81 billion and non-life insurance premium volume to €1 to €1.1 billion by 2028[37]

Core Insights - The Invesco KBW High Dividend Yield Financial ETF (KBWD) is a passively managed ETF launched on December 2, 2010, aimed at providing long-term investors with exposure to the Financials sector [1][3] - The ETF has amassed over $424.82 million in assets, making it an average-sized fund in the Financials - Broad segment [3] - The fund seeks to match the performance of the KBW Nasdaq Financial Sector Dividend Yield Index, which includes 24 to 40 publicly listed financial companies in the US [4] Cost and Performance - The annual operating expenses for KBWD are 2.02%, which is considered high compared to other ETFs, but it offers a 12-month trailing dividend yield of 12.5% [5] - The ETF has gained approximately 3.66% year-to-date and 7.64% over the past year, with a trading range between $12.37 and $15.76 in the last 52 weeks [8] Sector Exposure and Holdings - KBWD has a 100% allocation in the Financials sector, providing diversified exposure while minimizing single stock risk [6] - The top holdings include Orchid Island Capital Inc (4.67%), Invesco Mortgage Capital Inc, and Armour Residential Reit Inc, with the top 10 holdings accounting for about 36.48% of total assets [7] Alternatives - Other ETFs in the Financials space include Vanguard Financials ETF (VFH) with $12.69 billion in assets and Financial Select Sector SPDR ETF (XLF) with $52.35 billion, both having significantly lower expense ratios of 0.09% and 0.08% respectively [10]

Group 1 - The core viewpoint of the article is the release of the "Implementation Plan" aimed at enhancing financial support for Nansha, which includes 88 measures to strengthen its role in the Guangdong-Hong Kong-Macao Greater Bay Area's high-quality development [1][4]. - The "Implementation Plan" focuses on seven areas: improving financial services for innovation and entrepreneurship, enhancing financial services in social welfare, developing specialized financial services, promoting interconnectivity in the Guangdong-Hong Kong-Macao financial markets, fostering cross-border financial innovation and exchanges, refining financial regulatory mechanisms, and ensuring supportive measures [4]. - The launch of the Nansha Futures Industry Park, the first comprehensive futures financial industry park in China, is a significant development, with its opening scheduled for September 30 [4][5]. Group 2 - A series of key projects were signed at the financial innovation and development conference, including the China-Africa Friendly Economic and Trade Development Fund project and the Climate Investment and Financing Platform project, which will inject strong momentum into Nansha's development as an international financial hub [4]. - The release of the "Nansha District Investment Navigation Guide Map 2.0" provides over 600,000 square meters of investment area and integrates the latest investment policies and supporting services, enhancing the attractiveness of the financial industry in Nansha [4]. - Nansha aims to leverage major policy opportunities to become a demonstration window for China's financial openness, a hub for financial innovation, and a key node in the international financial network of the Guangdong-Hong Kong-Macao Greater Bay Area [5].

Core Viewpoint - Yiren Digital Ltd. is set to release its unaudited financial results for Q2 2025 on August 21, 2025, before the U.S. market opens, indicating a focus on transparency and communication with investors [1]. Company Overview - Yiren Digital Ltd. operates as an AI-powered platform that provides a comprehensive suite of financial services in Asia, aiming to enhance customers' financial well-being and quality of life through digital financial services and tailored insurance solutions [2]. - The company supports clients at various growth stages, addressing financing needs related to consumption and production activities, with a goal to improve the overall well-being and financial security of individuals, families, and businesses [2]. Earnings Conference Call - An earnings conference call will be hosted by Yiren Digital's management at 8:00 a.m. U.S. Eastern Time on August 21, 2025, allowing stakeholders to engage directly with the company's leadership [1]. - Participants interested in joining the call must register online in advance to receive dial-in details, and a live and archived webcast will be available for broader access [2].

Core Insights - B. Riley Financial has made significant progress in realigning its operating businesses towards Financial Services and Capital Markets, improving its capital structure, and reducing debt [3][5]. Financial Update - The company is in the late stages of documenting the 2024 annual audit and expects to file the 10-K shortly, with the first and second quarter 10-Qs ready for auditor review after the 10-K filing [4]. Strategic Focus - The company has refocused its strategy on Financial Services, supported by strong cash flows from other subsidiaries, particularly in Telecom [5][6]. Operational Performance - Strong client retention has been achieved due to the commitment of employees, which has positively impacted the company's performance [5]. Capital Deployment - B. Riley Financial believes it is well positioned to deploy capital and leverage cash generation from its diversified operating company portfolio [6].