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News
US attorney in Dallas launches securities fraud unit as 'Y'all Street' booms
5+ day, 2+ min ago (329+ words) Ryan Raybould's new white-collar unit signals that Dallas's rapid rise as a financial hub comes with sharper law enforcement scrutiny. Dallas has spent the last few years poaching financial firms from New York with the pitch of lower taxes, cheaper…...
Palmer Square Capital Management explores sale of $37B credit business
5+ day, 4+ hour ago (267+ words) The Kansas-based CLO powerhouse has tapped banking advisors as consolidation sweeps through credit asset management Palmer Square Capital Management, one of the largest US issuers of collateralized loan obligations, is exploring a sale of its roughly $37 billion credit business. The…...
Target Hospitality secures $250M data center contract through 2030
2+ week, 5+ day ago (287+ words) The workforce housing company is quietly becoming one of the most important picks-and-shovels plays in AI infrastructure Target Hospitality just locked in a $250 million contract with a top-five hyperscaler to house the construction and operations workforce behind a new data…...
Texas Stock Exchange secures first primary listings from two ETFs
3+ week, 6+ day ago (482+ words) Westwood Holdings Group's PWRX ETF filing marks a concrete first step for the Dallas-based challenger exchange as it prepares to take on NYSE and Nasdaq. The Texas Stock Exchange has spent years as a compelling idea on paper. Now it…...