Finance, Banking & Insurance

NEW YORK – – October 29, 2026 -- Huron Consulting Group Inc. (NASD: HURN) will join the S&P SmallCap 600 before the opening of trading on Tuesday, November 3, one day later than the Monday, November 2 date first announced.

S&P Dow Jones Indices moves the effective date after a special dividend ex-date announcement

S&P Dow Jones Indices set the original November 2 date in its October 22, 2026 press release. It revised the date because of a special dividend ex-date announcement tied to the Supernus merger.

Huron replaces Supernus Pharmaceuticals Inc. (NASD: SUPN) in the index.

Indivior's acquisition of Supernus is expected to close soon

S&P SmallCap 600 constituent Indivior Pharmaceuticals Inc. (NASD: INDV) is acquiring Supernus. The transaction is expected to close soon, subject to final closing conditions.

ATLANTA – October 29, 2026 -- Invesco Ltd. (NYSE: IVZ), which manages US$2.5 trillion in assets as of October 29, 2026, is working with Anthropic to make its portfolio intelligence and practice management data available through Claude for Financial Advisors.

Invesco's connector targets advisors already using its Model Portfolios

Existing Invesco model advisors will be able to pull portfolio information directly into Claude within their daily workflows. They can work with Invesco's purpose-built portfolios or with custom models developed jointly with the firm, said Clint Harris, Global Head of Solutions & Custom Strategies.

The connector also gives advisors access to Invesco's proprietary practice management research, including a research-based referrals program that supplies personalized scripts for business development.

Lisbon – October 29, 2026 -- Movantis, whose network moves more than $60 billion a year, is adding the Stellar blockchain as a digital settlement rail, with USDC settlement for US-to-El Salvador payments as the first planned use case. The company announced the integration at Meridian 2026, the Stellar Development Foundation's annual conference.

Stellar handles settlement while Movantis runs conversion and payout

Stellar will accelerate the digital settlement leg. Movantis will supply connections to regulated local infrastructure and partners for liquidity, fiat conversion where needed, and last-mile payout. Through its regulated subsidiaries, Movantis plans to settle in USDC on Stellar, with local partners handling conversion and payout.

El Salvador is the starting corridor because it is a dollarized economy. Value settles in USDC and reaches recipients in US dollars, so there is no additional currency exposure along the way.

NAPA – October 29, 2026 -- AM Best has raised The Doctors Company's financial strength rating (FSR) to A+ (Superior) from A (Excellent), and its long-term issuer credit rating (ICR) to "aa-" (Superior) from "a+" (Excellent), with a stable outlook.

AM Best affirms A+ ratings across six TDC Group entities

The agency affirmed the A+ FSR, "aa-" ICR and stable outlook for The Doctors Company, an Interinsurance Exchange, and these subsidiaries of The Doctors Company Insurance Group (TDC Group):

New York – October 29, 2026 -- Shareholders of Better Home & Finance (NASDAQ: BETR) removed five of the company's eight directors, including Interim CEO Daniel Lewis, after holders of a majority of outstanding shares consented to founder Vishal Garg's solicitation, according to a commentary from proxy adviser Egan-Jones.

Better confirmed the majority consent on October 5, ending the board contest

The reconstituted board is now cut to five seats. The result does not by itself reinstate Garg as CEO. It gives the board access to his product and strategy expertise while the company settles its permanent leadership.

Egan-Jones recommended that shareholders consent FOR the solicitation in its September 15, 2026 research report. The two other leading proxy advisory firms sided with the incumbent board.

Los Angeles – October 29, 2026 -- Langar Investment Management, LLC will liquidate and close the Langar Global HealthTech ETF (Ticker: LGHT), a series of the Spinnaker ETF Series, after the Trust's Board of Trustees approved a Plan of Liquidation and Termination.

Board cites asset size and demand outlook in liquidation decision

The Adviser recommended the closure after evaluating the Fund's current asset size, historical growth, and ongoing outlook for investor demand, concluding that liquidation serves the best interests of the Fund and its shareholders.

Creation units halt October 28, trading ends October 30

Effective post-close on October 29, 2026, the Fund will stop accepting orders for new creation units from Authorized Participants. October 29, 2026 marks the final day of public trading on the Cboe BZX Exchange, with shares halted prior to market open on October 29, 2026 and subsequently de-listed.

Washington – October 29, 2026 -- Fannie Mae has launched a new non-performing loan sale covering 1,217 deeply delinquent mortgages with a combined unpaid principal balance of $259.9 million, alongside its twenty-ninth Community Impact Pool (CIP) targeting the Dallas-Ft. Worth market.

Larger pool carries $259.9 million in unpaid balances across 1,217 loans

Fannie Mae (OTCQB: FNMA) is marketing the larger pool in collaboration with BofA Securities, Inc., with bids due October 29, 2026. Qualified bidders can also submit offers for the smaller CIP tranche, which comprises approximately 27 loans totaling $5.7 million in UPB, by October 29, 2026.

Dallas-Ft. Worth loans anchor the 29th Community Impact Pool

The CIP structure directs smaller, geographically concentrated loan pools toward specific markets -- in this case Dallas-Ft. Worth -- to support targeted local loss mitigation and neighborhood stabilization efforts.

European Union – October 29, 2026 -- The European Securities and Markets Authority (ESMA) has updated its transparency manual with new guidance on identifying over-the-counter (OTC) derivatives subject to transparency requirements and on applying the tick-size regime.

ESMA specifies how OTC derivatives reference data must be supplied

The update clarifies how identifying reference data for OTC derivatives should be provided for transparency purposes. ESMA aims to make the data reported to, and published through, the consolidated tape more consistent.

The guidance on OTC identifying reference data remains a draft until the related technical standards enter into force: RTS 2 and the RTS on CTP input/output data.

Europe – October 29, 2026 -- The European Securities and Markets Authority (ESMA) has named geopolitical risks and uncertainties, and restructuring provisions and debt restructuring, as enforcement focus areas for listed issuers' 2026 annual financial reports under its European Common Enforcement Priorities (ECEP).

ESMA sets three reporting areas for 2026 annual reports

The ECEP cover IFRS financial statements, sustainability statements under the European Sustainability Reporting Standards (ESRS) and European Single Electronic Format (ESEF) digital reporting.

For IFRS financial statements, the two priorities are geopolitical risks and uncertainties, and restructuring provisions and debt restructuring.

EU – October 29, 2026 -- The European Banking Authority (EBA), an independent EU authority, describes its core remit as safeguarding the integrity and robustness of the EU banking sector to support financial stability.

EBA develops harmonised rules and promotes supervisory convergence

The authority writes harmonised rules for financial institutions and promotes convergence of supervisory practices. It also monitors and advises on the impact of financial innovation and the transition to sustainable finance.

EBA monitors risks for banks and investment firms through reporting and disclosure

To keep the EU financial system orderly and stable, the EBA monitors and analyses risks and vulnerabilities relevant to the regulation of banks and investment firms. It facilitates information sharing among authorities and institutions through supervisory reporting and data disclosure.