Finance & Banking · Week of Oct 26, 2026
Deals close as Q3 reporting begins: the week in finance
Completed acquisitions at S&P Global and CopperPoint led a week otherwise filled with third-quarter results, earnings dates and a financing deal.
Two deals closed this week. S&P Global completed its acquisition of OpenZeppelin, which it describes as the security standard for onchain finance, and CopperPoint Insurance Companies completed its purchase of General Indemnity Group, adding surety and specialty insurance capabilities. iQSTEL also closed up to $3 million in non-convertible debt financing tied to Ultranet, and Metallium's U.S. subsidiary signed a non-binding MOU with Traxys North America.
Third-quarter reporting season shaped much of the rest of the week. Touchmark Bancshares reported a 39% rise in quarterly net income. Fannie Mae and Burford Capital set dates for their results, on October 28 and November 4, 2026. On the personnel side, M&T Bank and Wilmington Trust named Brian Green chief investment officer.
S&P Global
S&P Global Completes Acquisition of OpenZeppelin
S&P Global says it has completed its acquisition of OpenZeppelin, which it calls the security standard for onchain finance, a transaction first announced on September 17, 2026. The company says the deal complements its risk assessment capabilities, extending its reach into onchain finance.
iQSTEL
IQST - IQSTEL Closes Two-Year Non-Convertible Financing for Ultranet, a Profitable $131 Million-Revenue West African Telecom Platform Expected to Make IQSTEL Cash-Flow Positive on a Consolidated Basis
iQSTEL says it closed up to $3 million in two-year senior secured, non-convertible promissory notes for Ultranet, a West African telecom platform that generated $130.9 million in 2025 revenue, up 30%, with $5.0 million in EBITDA and $4.6 million in net income. The company says Ultranet is expected to make iQSTEL cash-flow positive on a consolidated basis, and the notes carry no conversion feature.
M&T Bank Corporation; Wilmington Trust
M&T Bank and Wilmington Trust Name Brian Green New Chief Investment Officer
M&T Bank Corp. says Brian Green has been named Chief Investment Officer for M&T Bank and Wilmington Trust. M&T Bank says Green will direct investment strategy across both businesses.
Burford Capital Limited
Burford Announces Date for Release of 3Q26 Financial Results and Results Call Registration and Participation Details
Burford Capital Limited says it will release its financial results for the three and nine months ended September 30, 2026 on Wednesday, November 4, 2026, at 8.00am. The company describes itself as a finance and asset management firm focused on law, and has published registration details for its results call.
CopperPoint Insurance Companies
CopperPoint Completes Acquisition of General Indemnity Group, Expanding Nationwide Surety and Specialty Insurance Capabilities
CopperPoint Insurance Company and General Indemnity Group say CopperPoint has completed its acquisition of GIG. CopperPoint says the transaction adds commercial and contract surety expertise and nationwide reach for agents, brokers and customers.
Metallium Ltd.
Metallium's US Subsidiary Flash Metals USA Signs Non-Binding MOU with Traxys North America to Advance U.S. Critical Metals Commercialization of Metallium's Flash Joule Heating Platform
Metallium Limited says its wholly owned U.S. subsidiary, Flash Metals USA, Inc., signed a non-binding Memorandum of Understanding with Traxys North America LLC. Metallium says the two will evaluate opportunities to develop U.S. critical metals commercialization of its Flash Joule Heating platform.
Fannie Mae
Fannie Mae Plans to Report Third Quarter 2026 Financial Results on October 28, 2026
Fannie Mae says it plans to report its third quarter 2026 financial results on Wednesday morning, October 28, 2026, before the opening of U.S. financial markets. The company says it will host a webcast to discuss the results.
Touchmark Bancshares, Inc.
TOUCHMARK BANCSHARES, INC. REPORTS THIRD QUARTER 2026 RESULTS
Touchmark Bancshares, the holding company for Touchmark National Bank, says it reported third-quarter 2026 net income of $849,000, or $0.19 per diluted share. That compares with $609,000, or $0.13 per share, in the year-earlier period, which the company says is a 39% increase.
This roundup is written with AI assistance from the press releases listed above, using only what they state. The releases are the companies' own announcements, not Super Growth Media reporting.