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Standard Chartered Enhances Fund Finance Capabilities in North America With Appointment of Robert Cammilleri

Lastest from Businesswire - 22 min 59 sec ago
NEW YORK--(BUSINESS WIRE)--Standard Chartered today announced the appointment of Robert Cammilleri as Managing Director, Fund Finance, North America. Based in New York, Robert will lead the Bank's North American Fund Finance business, reporting to Vicky Du, Global Head of Fund Finance. Robert brings more than 25 years of experience in financial services, spanning fund finance, financial institutions coverage, structured finance, and private markets. Vicky Du, Global Head of Fund Finance, Standa

Rainier Partners Acquires Apex Insurance Services, a Leading Automotive Insurance MGA Platform

Lastest from Businesswire - 22 min 59 sec ago
SEATTLE--(BUSINESS WIRE)--Rainier Partners, a private equity firm investing in lower middle-market services businesses, is pleased to announce its investment in Apex Insurance Services, a leading multi-brand managing general agency (MGA) platform focused on the Texas non-standard auto insurance market. Headquartered in Richardson, Texas, Apex manages five MGAs — Apollo MGA, Apollo Specialty, Newstar General Agency, Excellent Insurance Services, and Ignition Insurance Services — creating one of

Pramata Reveals 93% of Business Leaders Report Contract Data Challenges, Yet Nearly All Recognize the Value at Stake

Lastest from Businesswire - 22 min 59 sec ago
SAN FRANCISCO--(BUSINESS WIRE)-- #AI--Pramata, the leader in contract intelligence, today released its 2026 Contract Intelligence Index, revealing how gaps in contract data access and accuracy create costly challenges for enterprises, limiting the value organizations can realize across the business. The report finds that 91% of business leaders say three or more business processes, from renewals and billing to audits and compliance, depend on accurate, accessible contract data. Yet 93% of respondents

Forbright, Inc. Reports Third Quarter 2026 Results

Lastest from Businesswire - 22 min 59 sec ago
CHEVY CHASE, Md.--(BUSINESS WIRE)--Forbright, Inc. (Nasdaq FRBT): Fellow Shareholders, Forbright, Inc.(1) (Nasdaq FRBT), the parent company of wholly-owned subsidiary Forbright Bank (the "Bank"), today reported financial results for the third quarter ended September 30, 2026. Last quarter, we committed to writing to you plainly, so we will start with the headline: this was a strong quarter. The Company met or exceeded nearly every key performance metric we track relative to our expectations for

Monroe Capital Named to Inc.’s 2026 Founder-Friendly Investors List

Lastest from Businesswire - 22 min 59 sec ago
CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) has been named to Inc.”s 2026 Founder-Friendly Investors List. The annual list honors private equity firms, venture capital firms, and lenders with a track record of backing founder-led companies and helping them succeed. This marks Monroe's fourth consecutive year on the list since Inc. introduced its Lender category. As a founder-led firm itself, Monroe understands that success depends on supporting visionary leaders and the organization

Southside Bancshares, Inc. Announces Financial Results for the Third Quarter Ended September 30, 2026

Lastest from Businesswire - 22 min 59 sec ago
TYLER, Texas--(BUSINESS WIRE)--Southside Bancshares, Inc. (“Southside” or the “Company”) (NYSE: SBSI) today reported its financial results for the quarter ended September 30, 2026. “We reported excellent financial results for the third quarter ended September 30, 2026, highlighted by earnings per diluted common share of $0.93, a return on average assets of 1.27% and a return on average tangible common equity of 16.31%,” stated Keith Donahoe, President and Chief Executive Officer of Southside. “

Bdeo Takes Quality on Demand Live, Powered by Vonage, to Transform Insurance Claims Globally

Lastest from Businesswire - 22 min 59 sec ago
HOLMDEL, N.J.--(BUSINESS WIRE)--Vonage, a part of Ericsson (NASDAQ: ERIC), today announced that Bdeo, a global AI-powered insurance technology company, has deployed Vonage’s network-powered solutions — a purpose-built combination of the Quality on Demand (QoD) Network API, Vonage Video API, and Vonage Messages API. The deployment enables Bdeo to deliver faster, more accurate insurance claims and underwriting experiences for policyholders worldwide. Bdeo’s deployment marks one of the world's fir

Grupo BC Rebrands to BC Technologies as a Leading AI-Powered Technology Processor for Mortgage and Credit Markets in Iberia and Latin America

Lastest from Businesswire - 3 hours 23 min ago
MADRID--(BUSINESS WIRE)--Grupo BC today announced a group rebranding to BC Technologies to reflect its successful multi-year evolution to become a leading AI-powered technology processor and software provider across the end-to-end mortgage and credit life cycle, powering mission-critical workflows for financial institutions across Iberia and Latin America. Over several decades, BC Technologies has successfully built the proprietary software platform that has become the operating system for the

U.S. Bancorp Announces New U.S. Bancorp Global Funds Brand

Lastest from Businesswire - 3 hours 23 min ago
MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp today announced its new fund platform, U.S. Bancorp Global Funds, and its first offering, an offshore liquidity fund domiciled in Ireland, the U.S. Bancorp Liquidity – USD Treasury CNAV Fund. U.S. Bancorp Global Funds was created to support U.S. Bancorp’s growing international presence. It establishes a framework for future investment offerings and reflects U.S. Bancorp’s expanding presence in global markets. Investment products offered under the brand

InfraCap MLP ETF (NYSE Arca: AMZA) Tax Update

Lastest from Businesswire - 3 hours 23 min ago
NEW YORK--(BUSINESS WIRE)--InfraCap MLP ETF (NYSE Arca: AMZA or the “Fund”) has modified the estimate of its deferred tax liability. The deferred tax liability represents an estimate of the Fund’s potential tax expense if it were to recognize the unrealized gains or losses in the portfolio. Changes in the deferred taxes are based on sales, market conditions, and information reported by the Master Limited Partnerships (MLPs). The Fund recorded a reduction to the tax accrual of approximately $2.1

PRIMERICA HOUSEHOLD BUDGET INDEX™ (HBI™): Purchasing Power for Middle-Income Americans Fell Slightly in September as Gas and Heating Costs Rose

Lastest from Businesswire - 6 hours 23 min ago
DULUTH, Ga.--(BUSINESS WIRE)--The latest Primerica Household Budget Index™ (HBI™) data, a monthly economic metric that examines how inflation and wage trends impact the ability of middle-income families to afford life’s everyday necessities, is estimated at 100.0% in September, a decrease of 0.6% from August and down 0.4% from a year ago. Gas prices and home heating fuel costs rose sharply in September and were the primary drivers for the decline in spending power for middle-income households.

Deadline Alert: D-Wave Quantum, Inc. Investors Have Until December 15, 2026 to Seek Lead Plaintiff Role in Securities Fraud Class Action, Glancy Prongay Wolke & Rotter LLP Reminds Investors

Lastest from Businesswire - 6 hours 23 min ago
LOS ANGELES--(BUSINESS WIRE)--Investors in D-Wave Quantum, Inc. ("D-Wave" or the "Company") (NASDAQ: QBTS) have until December 15, 2026 to ask the Court to appoint them lead plaintiff in a securities fraud class action lawsuit filed on behalf of investors who purchased or otherwise acquired D-Wave Quantum, Inc. securities between February 26, 2026 and August 25, 2026, inclusive. Glancy Prongay Wolke & Rotter LLP ("Glancy") today reminded investors of the upcoming deadline. The D-Wave Quantum

Labaton Keller Sucharow LLP and Saxena White P.A. File Securities Class Action Against Everest Group, Ltd. and Certain of Its Executives

Lastest from Businesswire - Wed, 10/28/2026 - 19:18
NEW YORK--(BUSINESS WIRE)--Labaton Keller Sucharow LLP (“Labaton”) and Saxena White P.A. (“Saxena White”) have filed a securities class action lawsuit (the “Action”) on behalf of the City of Detroit General Retirement System (“Detroit General”) and the City of Plantation Police Officers’ Retirement System (“Plantation Police” and, together with Detroit General, “Plaintiffs”) against Everest Group, Ltd. (“Everest” or the “Company”) (NYSE: EG) and certain of its executives (collectively, “Defendan

InfraCap MLP ETF (NYSE Arca: AMZA) Tax Update

Lastest from Businesswire - Wed, 10/28/2026 - 19:18
NEW YORK--(BUSINESS WIRE)--InfraCap MLP ETF (NYSE Arca: AMZA or the “Fund”) has modified the estimate of its deferred tax liability based on changes in its valuation allowance offsetting capital losses. Changes in the valuation allowance are based on sales and to some extent on the information reported by the Master Limited Partnerships (MLPs). The Fund recorded a reduction to the tax accrual of approximately $1.3 million (approximately $0.13 per share), which will increase the net asset value

Virtus Investment Partners Reschedules Third Quarter 2026 Financial Results to Monday, November 9

Lastest from Businesswire - Wed, 10/28/2026 - 19:18
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NYSE: VRTS), which operates a multi-boutique asset management business, today announced that it has rescheduled the release of its financial results for the third quarter of 2026 to allow additional time to complete its quarter-end financial reporting process. The company will now release its results before the market opens on Monday, November 9, 2026. George R. Aylward, president and chief executive officer, and Michael A. Ang

Gateway Fiber Announces $578 Million Financing

Lastest from Businesswire - Wed, 10/28/2026 - 19:18
O’FALLON, Mo.--(BUSINESS WIRE)--Gateway Fiber, a leading fiber broadband provider backed by CBRE Investment Management, today announced the successful closing of a $578 million financing platform, attracting strong interest from banks and institutional bond investors. The platform combines Gateway Fiber’s inaugural $333 million asset-backed securitization (“ABS”) with a $245 million development financing facility. Together, these transactions strengthen the company’s capital structure, enhance

Hagens Berman Secures $212.5 Million Settlement in Zillow Investor Class Action

Lastest from Businesswire - Wed, 10/28/2026 - 19:18
SEATTLE--(BUSINESS WIRE)---- $Z #classaction--Investor-rights attorneys at Hagens Berman today announced a $212.5 million settlement reached with Zillow on behalf of investors.

FCBC Stock Alert: Halper Sadeh LLC is Investigating Whether First Community Bankshares, Inc. is Obtaining a Fair Price for its Shareholders

Lastest from Businesswire - Wed, 10/28/2026 - 19:18
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating the merger of First Community Bankshares, Inc. (NASDAQ: FCBC) and Main Street Financial Services Corp. Halper Sadeh encourages First Community shareholders to click here to learn more about their rights and options or contact Daniel Sadeh or Zachary Halper free of charge at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether First Community and its board

Update to Previously Announced Special Dividend and Monthly Dividend

Lastest from Businesswire - Wed, 10/28/2026 - 19:18
NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, previously announced: (a) on October 1, 2026 a regular dividend (the “October Regular Dividend”) of $0.058 per share, declared on September 30, 2026, and payable on October 30, 2026 to shareholders of record as of October 9, 2026 and (b) on October 27, 2026, a special dividend (the “October Special Divi

Deutsche Bank appointed as Successor Depositary Bank for the American Depositary Receipt Program of Aviva plc

Lastest from Businesswire - Wed, 10/28/2026 - 19:18
NEW YORK--(BUSINESS WIRE)--Deutsche Bank announced today its appointment as successor depositary bank for the sponsored American Depositary Receipt program of Aviva plc. Aviva plc (OTC: AVVIY) is a financial services company with a diverse offering across insurance, wealth and retirement. This includes motor and home insurance, health and protection insurance, pensions and savings products, and more. Aviva serves over 25 million customers across the UK, Ireland and Canada. They employ around 36

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