Commercial banking

The deal will repay investors on a hyrid pro rata, sequential basis. Credit enhancement ranges from 51.7% on the class A1A notes to the 2.25% on the class B2 notes.

The Florida-based brokerage The Okavage Group is challenging the dismissal of its antitrust suit against UWM, filing an appeal on Oct. 17 in the U.S. Court of Appeals for the Eleventh Circuit.

The Federal Deposit Insurance Corp. and Texas banking regulators issued consent orders against Industry State Bank, Fayetteville Bank and Citizens State Bank, requiring major overhauls of their management, capital and risk controls.

The Swiss Re global cat-bond index is up more than 13%, as investors emerge largely unscathed after what meteorologists had warned would be one of the most active hurricane seasons in recent memory.

Looking to raise €245 million ($264.2 million) in securitization bonds, Golden Ray will offer eight tranches maturing in December 2057.

Brandon Carl is executive vice president, AI and product strategy at Smarsh, a provider of compliance, supervision and e-discovery solutions for companies in highly regulated industries, including public sector and financial services.

Kevin Knull is president of TaxStatus, which offers IRS account monitoring and consent-based access to IRS tax records for financial professionals and the clients they serve.

A longtime industry executive, he earned a bachelor of science from the U.S. Coast Guard Academy and is a CFP professional.