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Business · United StatesHanwha Life, South Korea’s first life insurance company, has officially completed the acquisition of a 75% stake in U.S.-based global financial services firm Velocity Clearing, LLC on July 30 (EST). The majority of the stake acquired was owned by an affiliate of Cerberus Capital Management, L.P. The deal marks a bold strategic move into the North American capital markets—beyond Hanwha Life’s traditional insurance business. With this transaction,…See the Story
Hanwha Life Acquires Velocity Clearing
64% Center coverage: 28 sources

New York City · New YorkNEW YORK, July 30, 2025 /PRNewswire/ -- StoneCastle Securities, a leading broker-dealer specializing in private-credit trading with institutional investors, today announced that Colin Ives has joined the firm as Managing Director. In this role, Ives will enhance the firm's reach…See the Story
StoneCastle Securities, LLC Appoints Colin Ives as Managing Director to Bolster Private-Credit Trading
58% Center coverage: 17 sources