Feed aggregator

NEWARK, Del.NEWARK, Del.--(BUSINESS WIRE)--The Sallie Mae Fund today announced a $75,000 grant to the DC College Access Program (DC-CAP) to help increase higher education access and completion among students in the District. The contribution will also support DC-CAP’s 2050 Moonshot Goal of an 80% city-wide six-year college graduation rate. The Sallie Mae Fund grant comes ahead of DC-CAP’s College Signing Day event scheduled for Tuesday, April 30 from 11 a.m. to 12:45 p.m. at Capital One Arena.

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has removed from under review with developing implications and affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb-” (Good) and the associated Long-Term Issue Credit Ratings (Long-Term IR) of Argo Group International Holdings, Inc. (Argo Group) (headquartered in New York, NY). In addition, AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term

DALLAS--(BUSINESS WIRE)--INSTANT®, a leading data automation and generative technology company specializing in real-time business intelligence for global enterprises and financial institutions, is delighted to announce the appointment of Rob Melnyk as Executive Vice President, Financial Services. With his extensive experience in leadership at high-growth investment management and capital markets firms, Rob brings a wealth of knowledge and expertise to the INSTANT leadership team. As Executive Vic

DALLAS--(BUSINESS WIRE)--San Diego represents the latest office addition for Generational Group.

NEW YORK--(BUSINESS WIRE)--JPMorgan Chase leaders and community partners cut the ribbon on a new Community Center branch in the Grand Concourse neighborhood of the Bronx. This branch, the second of its kind in the city, is built to expand access to banking, tools and advice to help customers get on a path to financial health and resilience. The Grand Concourse Community Center branch features a team of local financial health experts focused on community engagement, mentorship and advice. The lo

NEW YORK--(BUSINESS WIRE)--Segal Marco Advisors, one of the largest U.S.-based investment consultancies, has received a 2024 Greenwich Quality Leader award for Overall U.S. Investment Consulting in the Large Consultants category by Coalition Greenwich, a leading global provider of data, analytics and insights to the financial services industry. This is the sixth time that Segal Marco has been given this honor, a direct reflection of the company’s dedication to outstanding client satisfaction. “

OKLAHOMA CITY--(BUSINESS WIRE)-- #FedermanSherwood--Federman & Sherwood Investigates Transamerica Life Insurance Company for Data Breach

OKLAHOMA CITY--(BUSINESS WIRE)-- #FedermanSherwood--Federman & Sherwood Investigates Moffitt Cancer Center & Research Institute for Data Breach

SEATTLE--(BUSINESS WIRE)--Milliman has just released the latest monthly results of its Pension Buyout Index.

CLEVELAND--(BUSINESS WIRE)--Ohio-based Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), which owns a large equity stake in Norfolk Southern Corporation (NYSE: NSC) (“Norfolk Southern” or the “Company”), today announced that its seven candidates (the “Shareholder Slate”) for election to the Company’s 13-member Board of Directors (the “Board”) have received support from the Brotherhood of Locomotive Engineers and Trainmen Division of the International Brotherhood o

SAN FRANCISCO--(BUSINESS WIRE)-- #commercialmortgage--Gantry reports steady commercial mortgage production in Q1 24, sourcing bank alternatives and optimized terms in a tough market cycle for CRE

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that it has again earned a gold rating in corporate social responsibility from EcoVadis, a leading third-party sustainability ratings platform. PPG ranked higher than 93% of the 130,000 evaluated companies. According to the EcoVadis rating methodology, PPG earned “advanced” scores in the categories of environment, labor and human rights, and sustainable procurement practices. Contributing to PPG’s rating, in 2023: 44% of PPG’s sales we

PHILADELPHIA--(BUSINESS WIRE)--Gopuff, the leading Instant Commerce company, today launched its largest-ever national brand campaign, titled “Bring The Magic.” In a category that delivers on functional needs, the campaign demonstrates Gopuff’s ability to transform everyday moments into magical experiences, be that getting a forgotten ingredient mid-dinner prep, accessing medicine in an instant while home sick, or virtually anything in-between. The 360° campaign is designed to build brand awaren

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases a report on U.S. commercial mortgage-backed securities (CMBS) loan performance trends observed in the April 2024 servicer reporting period. The delinquency rate among KBRA-rated U.S. commercial mortgage-backed securities (CMBS) in April increased moderately to 4.67%, up 17 basis points (bps) from March. However, the total delinquent and specially serviced loan rate (distress rate) markedly increased 79 bps to 8.29%. The jump in distress rate was largely

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--Publicly traded U.S. health insurance companies saw another year of growth, as total GAAP revenue rose in 2023 by 10.4% to $1.07 trillion. However, according to a new AM Best report, future results may be pressured as the profitability of government programs returns to more normal levels. The new Best’s Special Report, titled, “Revenue Grows but Margins Are Pressured for US Publicly Traded Health Insurers,” states that half of the 10 publicly traded health insure

DALLAS--(BUSINESS WIRE)--Ryan, a leading global tax services and software provider, is pleased to announce that Chitranjan Sharma has been appointed as Chief Data Officer (CDO). Sharma brings more than a decade of extensive experience in building technology and data platforms in capital markets and implementing innovative products, promoting a data-driven culture. “Chitranjan brings the expertise and innovation to ensure our technology practices, strategy, and mindset are nothing short of excep

LOS ANGELES--(BUSINESS WIRE)--CBB Bancorp, Inc. (the "Company') (OTCQX: CBBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.08 per common share. The dividend is payable on May 24, 2024, to all stockholders of record as of the close of business on May 10, 2024. About CBB Bancorp, Inc.: CBB Bancorp, Inc. is the holding company of Commonwealth Business Bank, a full-service commercial bank which specializes in small-to-medium-sized businesses and does business

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot, Inc. ("LDI" or "Company") (NYSE: LDI), a leading provider of home lending solutions that enables customers to achieve the dream of homeownership, announced that Senior Vice President of Accounting Systems Jennifer Edwards has received HousingWire’s Rising Star award, which spotlights leaders 40 years and younger who demonstrate leadership and innovation that inspires not only those within their organizations but in their communities and the industry a

LONDON--(BUSINESS WIRE)---- $SHCO--Soho House & Co Inc. (NYSE: SHCO) - the global membership platform comprised of Soho House, Soho Works, The Ned, Scorpios Beach Club, Soho Home, and The Line and Saguaro Hotels - will release its first quarter 2024 financial results on Friday, May 10, 2024. A conference call and live webcast will be hosted to discuss these results on Friday, May 10, 2024, at 9.00 am ET. To listen to the live conference call, please dial: USA: +1 (646) 307-1963 Toll-Free (800) 715-98

SAN FRANCISCO--(BUSINESS WIRE)-- #AIFinancialServices--Hearsay Systems, the trusted global leader in digital client engagement for the financial services industry, today announced that it held its 12th annual Hearsay Summit April 15-17 at the Essex House in New York City. Sponsored by LinkedIn, leaders at the intersection of financial services and technology convened to brainstorm, network, and learn. Through two days of motivating keynotes, engaging panel discussions, and interactive breakout sessions, attendees fro