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Prudential transfers US$7 billion in reserves to Prismic Life
Prudential Financial, Inc. is transferring approximately US$7 billion in reserves from its recently issued USD-denominated ...
Affirm Stock Rallies After 'Buy-Now-Pay-Later' Lender Gets Big Check
Shares of Affirm rose roughly 2% Friday morning after The Wall Street Journal reported the lender has lined up $750 million in funding from insurer Liberty Mutual. The deal brings in additional capita ...
Affirm Surges on $750 Million Liberty Mutual Deal, Eyes $34 Billion Lending Target for 2025
Buy Now, Pay Later (BNPL) firm Affirm Holdings (NASDAQ:AFRM) will avail $750 million in funding from Liberty Mutual Investments (LMI) through June 2027. LMI expects to invest up to $5 billion in the ...
Black farmers call for action to prevent Ithala Bank Liquidation
Emerging businesses in KwaZulu-Natal are calling on the government to intervene and prevent the liquidation of Ithala Bank, ...