Lastest from Businesswire
Citizens Financial Group, Inc. Declares Dividends on Preferred Stock
PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) announced that its board of directors has declared the following dividends on its preferred stock payable on July 6, 2026, to preferred shareholders of record at the close of business on June 18, 2026: a quarterly cash dividend of $17.54747944 per share on CFG’s 6.000% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series B (CUSIP No. 174610AP0); a quarterly cash dividend of $17.93675722 per share on
The Baldwin Group Announces First Quarter 2026 Results
TAMPA, Fla.--(BUSINESS WIRE)--The Baldwin Group, the brand name for The Baldwin Insurance Group, Inc. (“Baldwin” or the “Company”) (NASDAQ: BWIN), an independent insurance distribution firm delivering tailored insurance solutions to a wide range of personal and commercial clients, today announced its results for the first quarter ended March 31, 2026. FIRST QUARTER 2026 HIGHLIGHTS Total revenue increased 29% year-over-year to $532.2 million Organic revenue growth of 2% year-over-year GAAP net l
Schwab Announces Redemption of All Outstanding Depositary Shares Representing Interests in Its 4.000% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series I
WESTLAKE, Texas--(BUSINESS WIRE)--The Charles Schwab Corporation (“CSC”) today announced that, on June 1, 2026, it will redeem all of the 20,554 outstanding shares of its 4.000% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series I (“Series I Preferred Stock”, CUSIP 808513BK0), and the corresponding 2,055,433 depositary shares (“Depositary Shares”), each representing a 1/100th interest in a share of the Series I Preferred Stock. The Depositary Shares will be redeemed at a redempti
Paymentus Reports First Quarter 2026 Financial Results
CHARLOTTE, N.C.--(BUSINESS WIRE)--Paymentus Holdings, Inc. (“Paymentus”) (NYSE: PAY), a leading provider of cloud-based bill payment technology and solutions, today announced its unaudited financial results for the quarter ended March 31, 2026. “Paymentus had a very strong start to 2026 with record revenue in the first quarter up 30.2% year-over-year, reflecting increased billers and transactions. This helped drive contribution profit growth and adjusted EBITDA growth of 25.2% and 41.5% year-ov
Mesabi Trust Press Release
NEW YORK--(BUSINESS WIRE)--Quarterly Royalty Report and Royalty Payment On April 30, 2026, the Trustees of Mesabi Trust (NYSE: MSB) received the quarterly royalty report of iron ore shipments from Silver Bay, Minnesota during the quarter ended March 31, 2026 (the “Royalty Report”) from Cleveland-Cliffs Inc. (“Cliffs”), the parent company of Northshore Mining Company (“Northshore”). As reported to Mesabi Trust by Cliffs in the Royalty Report, based on shipments of iron ore products by Northshore
REPAY Rejects Unsolicited Proposal from Forager Capital
ATLANTA--(BUSINESS WIRE)--Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY” or the “Company”), a leading provider of integrated payment processing solutions, today announced that its Board of Directors (the “Board”) unanimously rejected the unsolicited, non‑binding proposal from Forager Capital Management, LLC (“Forager Capital”), a stockholder of the Company, to acquire the outstanding shares of the Company for $4.80 per share in cash. The Board, consistent with its fiduciary duties and in co
Neostella Opens NeoSummit 2026 This Week as Legal Leaders Face Rising Pressure to Operate Differently
MILWAUKEE--(BUSINESS WIRE)--Neostella will host NeoSummit May 6-7th in Fort Lauderdale. Legal leaders will come together to focus on the future of legal work.
DH Consulting Group of Raymond James Has Been Named as One of The Nation’s Top DC Advisor Teams
ARLINGTON, Va.--(BUSINESS WIRE)--DH Consulting Group of Raymond James has been named to the prestigious National Association of Plan Advisors’ (NAPA) list of the nation’s top defined contribution (DC) Advisor Teams with assets under advisement of at least $100 million. Unlike other lists, this focuses on individual firms, or what may, in a warehouse environment, be referred to as a team or office, and the assets under advisement related to their defined contribution (DC) practice, specifically
Sterlington Advises DMMS Purchaser, Inc. in Completion of Merger with MC Bancshares, Inc.
NEW YORK--(BUSINESS WIRE)--Sterlington advised the management team and investor group behind DMMS Purchaser, Inc. ("DMMS"), led by former IBERIABANK Corp. leaders Daryl Byrd, Mark Tipton, Michael Brown, and Scott Price, on the closing of its merger with MC Bancshares, Inc., the holding company for M C Bank & Trust Company ("MCBANK"). Upon completion of the merger, DMMS will change its name to MC Bancshares, Inc. ("MCBI").In connection with the transaction, DMMS secured more than $225 million
Regulatory Affairs Attorney Scott Thomas Joins Dorsey in Phoenix
PHOENIX--(BUSINESS WIRE)--Scott Thomas has joined Dorsey & Whitney LLP as Of Counsel in the Firm’s Regulatory Affairs group in Phoenix, the international law firm announced today. With an emphasis on surface and ground water quality, Scott advises clients on regulatory compliance, administrative proceedings, enforcement, and legislative matters. He represents clients in obtaining and complying with National Pollutant Discharge Elimination System (NPDES) and Arizona Pollutant Discharge Elimi
Pretium Surpasses $3B in Financing to Homebuilders and Multifamily Developers
NEW YORK--(BUSINESS WIRE)--Pretium, a specialized investment firm with over $60 billion in assets under management, today announced a milestone of $3 billion in residential lending to homebuilders and multifamily developers since the launch of its residential debt platform in December 2024. In partnership with Anchor Loans, one of the Firm’s strategic real estate lending businesses, the capital provided by Pretium has supported the construction of more than 13,000 housing units to date. “The na
Anthem, SOCA Mark Decade of Helping Ohio Small Businesses Lower Healthcare Costs
CINCINNATI--(BUSINESS WIRE)--Anthem Blue Cross and Blue Shield in Ohio and the Southern Ohio Chamber Alliance (SOCA), along with four other chamber alliances, are celebrating the 10th anniversary of their landmark partnership, the SOCA Benefit Plan, an innovative health plan that has transformed access to affordable health coverage for small businesses across Ohio. In addition to SOCA, the Northern Ohio Area Chambers of Commerce, the Central Ohio Chambers of Commerce, the Dayton Area Chamber of
Quantum Leap Acquisition Corp Announces Closing of $200 Million Initial Public Offering
MENLO PARK, Calif.--(BUSINESS WIRE)--Quantum Leap Acquisition Corp (“Quantum Leap” or the “Company”) today announced the successful closing of its previously announced initial public offering ("IPO") of 20,000,000 units at an offering price of $10.00 per unit. The units began trading under the ticker symbol “QLEPU” on The New York Stock Exchange (“NYSE”), on May 1, 2026. Each unit consists of one Class A ordinary share and one redeemable warrant. Each whole warrant entitles the holder thereof t
FSK DEADLINE ALERT: Faruqi & Faruqi, LLP Reminds FS KKR Capital (FSK) Investors of Securities Class Action Deadline on July 3, 2026
NEW YORK--(BUSINESS WIRE)---- $FSK #Capital--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against FS KKR Capital Corp. (“FS KKR Capital” or the “Company”) (NYSE: FSK) and reminds investors of the July 3, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The f
Morgan Stanley Investment Management Introduces Wealth Education Center
BOSTON--(BUSINESS WIRE)--Morgan Stanley Investment Management (MSIM) today announced the launch of the Wealth Education Center, a centralized education platform designed to help financial advisors translate growing market, tax and investment complexity into clear, practical guidance for their clients. “Advisors face a growing challenge as financial markets, products and tax considerations become more interconnected,” said Ben Huneke, Head of Morgan Stanley Investment Management. “They have acce
OCC Announces New Board Member and Member Elections at Annual Stockholder Meeting
CHICAGO--(BUSINESS WIRE)--OCC, the world's largest equity derivatives clearing organization, today announced the addition of Jeffrey S. Davis, senior vice president and senior deputy general counsel of Nasdaq, Inc., to its Board of Directors as an Exchange Director. OCC also re-elected Stephen Luparello as chairman and re-elected Andrej Bolkovic, OCC chief executive officer, as Management Director. Two Member Directors and one Public Director were also re-elected, and four Exchange Directors we
Glenmede Appoints Andy Paterson as Pittsburgh Regional Director
PITTSBURGH--(BUSINESS WIRE)--Glenmede, a privately held and independently owned wealth and investment management firm, today announced the appointment of Andy Paterson as Managing Director and Regional Director of its Pittsburgh office, reporting to Adam Douberly, Director of Regional Markets. In this role, Mr. Paterson will lead Glenmede’s strategy and business execution across the Pittsburgh region, overseeing a multidisciplinary team of planning, fiduciary, and investment professionals. He w
Investor Notice: Robbins LLP Informs Investors of the FS KKR Capital Corp. Class Action
SAN DIEGO--(BUSINESS WIRE)---- $FSK #Banking--Robbins LLP informs stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired FS KKR Capital (NYSE: FSK) securities between May 8, 2024 and February 25, 2026. FS KKR Capital is a private credit firm, also known as Business Development Company, which specializes in making private loans to companies.For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.The Allegations: Ro
First Internet Bank to Join Risk Management Panel at Indiana Bankers Association MEGA 2026 Conference
FISHERS, Ind.--(BUSINESS WIRE)-- #SBA--First Internet Bank announced today that Anne Sharkey, Senior Vice President and Chief Risk Officer, will speak at the Indiana Bankers Association (IBA) MEGA 2026 Conference in Indianapolis. Ms. Sharkey will participate in the panel discussion, “Elevating Risk Management: Building Strong Risk-Business Partnerships and Integrating Risk into Strategic Decision-Making,” taking place on Wednesday, May 20, from 10:30 AM to 11:30 AM ET. The session will examine how com
KBRA Assigns Preliminary Ratings to AB Issuer LLC, Series 2026-1 Senior Secured Notes and Places Series 2021-1, Class A-2 and Advance Funding Facility Notes on Watch Upgrade
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to AB Issuer LLC (the Issuer), Series 2026-1 (AB 2026-1), a whole business securitization. AB 2026-1 represents the Issuer’s third securitization following the establishment of the master trust in 2021. In conjunction with the issuance of the Series 2026-1 Notes, KBRA is placing the ratings on the outstanding Series 2021-1 Advance Funding Facility and Series 2021-1, A-2 Notes on Watch Upgrade and anticipates withdrawing the ratings on

