Lastest from Businesswire

MILWAUKEE--(BUSINESS WIRE)--Ademi LLP is investigating Universal (Nasdaq: USAP) for possible breaches of fiduciary duty and other violations of law in its transaction with Aperam. Click here to learn how to join our investigation or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you. In the transaction, Universal shareholders will receive only $45.00 per share in cash. The transaction agreement unreasonably limits competing transactions for Universal by imposing a

HARTFORD, Conn.--(BUSINESS WIRE)--The Travelers Companies, Inc. (NYSE: TRV) today announced a commitment of $250,000 to assist relief efforts in states affected by Hurricanes Helene and Milton. Funds will support All Hands and Hearts, SBP, Team Rubicon and United Way Suncoast. “The towns and neighborhoods impacted by Hurricanes Helene and Milton are home to our customers, colleagues and friends,” said Alan Schnitzer, Chairman and Chief Executive Officer of Travelers. “We’re committed to being t

WASHINGTON--(BUSINESS WIRE)--DC metro business market flips after pandemic from cost-cutting office downsizing to maximizing profits thru office rightsizing

NEW YORK--(BUSINESS WIRE)--Morgan Stanley (NYSE: MS) today announced that Datos Insights, a global advisory firm providing mission-critical insights on technology, regulations, strategy, and operations to the Financial Services industry, has recognized Morgan Stanley’s Portfolio Risk Platform as a winner of the 2024 Digital Wealth Management Impact Innovation award for Advisor Enablement. The award for Advisor Enablement is given for excellence and innovation in how wealth managers are enabling

CHICAGO--(BUSINESS WIRE)--Kayne Anderson BDC, Inc. (NYSE: KBDC) (“KBDC”), a business development company externally managed by its investment adviser, KA Credit Advisors, LLC, announced today that it will release its financial results for the third quarter ended September 30, 2024 on Wednesday, November 13, 2024, after the close of financial markets. KBDC will host a conference call at 10:00 am ET on Thursday, November 14, 2024, to review its financial results. All interested parties are invite

MIAMI--(BUSINESS WIRE)--UBS Private Wealth Management today announced that John Hardin has joined the firm as a Financial Advisor in South Florida. He joins the UBS Miami Private Wealth Management market, led by Brad Rosenberg, and will be located in the Coral Gables office. John is joined by Senior Wealth Strategy Associate Katelyn O’Hara. John and Katelyn join Integra Partners, which is led by UBS Financial Advisors Vicente Del Rio, Brian Beraha and Horacio Aguirre. This Private Wealth team j

BOSTON & NEW YORK & LONDON--(BUSINESS WIRE)--Constitution Capital Partners (the “Firm”), a global alternative asset manager focused on middle market private equity and private credit, is pleased to announce that the Constitution Capital Access Fund (“Access Fund” or the “Fund”) is now available on CAIS Marketplace. This provides more than 32,000 advisors overseeing $4 trillion in network assets an opportunity to access the private markets. In October 2022, Constitution Capital Partners launched

SALT LAKE CITY--(BUSINESS WIRE)--LoanPro, the modern lending and credit platform, announced today the launch of Smart Verify, a new suite of data solutions that integrate third-party data sources into their platform for rapid identity verification and ongoing monitoring for business and consumer accounts. In today’s volatile market and ever-shifting regulatory landscape, financial institutions and other credit providers rely on outdated third-party data to make informed decisions when managing

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has downgraded the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “bbb” (Good) from “bbb+” (Good) and affirmed the Financial Strength Rating (FSR) of B++ (Good) of South Carolina Farm Bureau Mutual Insurance Company (Cayce, SC) and its reinsured affiliate, Palmetto Casualty Insurance Company (Cayce-West Columbia, SC). The outlook of the FSR has been revised to negative from stable while the outlook of the Long-Term ICR is negative. Both companies are

ROCKVILLE, Md.--(BUSINESS WIRE)-- #bigfix--Veterans Engineering wins a $50M VA contract to enhance endpoint security, compliance monitoring, and software assurance across 850,000+ devices.

HONG KONG--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Dah Sing Insurance Company Limited (DSI) (Hong Kong). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect DSI’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management. The ratings also reflect

CAMBRIDGE, Mass.--(BUSINESS WIRE)-- #SMBs--Cambridge Savings Bank has provided a new credit facility to Fabrizia Spirits, a leading citrus spirits manufacturer in the United States.

NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- #compliancemanagement--During Q3 2024, 46.43% percent of transactions on a $82bn portfolio comprising of residential, commercial and business purpose loans had issues leading to a risk of wire & title fraud. On average, problematic loans had 2.23 issues per loan indicating the lack of appropriate controls by closing agents and lenders to identify and fix issues. Q3 2024 saw record-high risk levels for CPL related errors (45.1% of transactions) for critical data points such

CONCORD, N.H.--(BUSINESS WIRE)--An association of banking leaders operating across the country has launched an industry-first, collaborative awareness campaign highlighting the community-minded benefits offered by mutual banks. Developed by a group of 10 founding mutual bank participants, Mutuals Matter is a national advertising, marketing and communications effort that aims to shine a spotlight on what sets mutual banks apart from other financial institutions. The campaign emphasizes the fact

TORONTO--(BUSINESS WIRE)--Viral Nation, a leading social media marketing and creator agency with a social-first approach powered by its proprietary technology, has teamed up with legendary producer Trip Taylor (Jackass, Nitro Circus, and Bad Grandpa) to launch Full Tilt Network at MIPCOM 2024 for a global audience. The platform will be home to over 1,000 hours of content and feature a full-throttle lineup of high-octane sports content and originals from iconic creators like Nick Pro, The Dudeso

OAKLAND, Calif.--(BUSINESS WIRE)--Primergy Solar closed commitments for $350 million in tax equity financing for the 408 MWac Ash Creek Solar project in Hill County, Texas.

MINNEAPOLIS--(BUSINESS WIRE)--To amplify the credit union movement and the value credit unions bring to their communities, Elan Credit Card (Elan) is celebrating International Credit Union Day with three, $15,000 donations on behalf of three credit union partners. “Supporting the needs of our credit card partners extends beyond our business partnership, which is why we launched the Elan Charitable Giving program in 2022. To date, we have donated over $1.7 million, positively impacting more than

AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, today announced the introduction of Symphonix, the evolution of its cloud-based digital lending solution. The Symphonix lending platform is designed specifically to help non-bank lenders build and grow profitable portfolios. Symphonix provides cloud-based loan origination, loan servicing, collections, and investor management applications across the globe

LOWELL, Mass. & WESTON, Fla.--(BUSINESS WIRE)--According to the fifth-annual survey on seasonal retail hiring trends from UKG, 88% of retailers have begun hiring for the expected seasonal surge.

RESTON, Va.--(BUSINESS WIRE)--Same Day ACH volume soared 67.5% in the third quarter of 2024, and total ACH Network payment volume rose 7.4% from a year earlier, new figures from Nacha showed. There were 355.2 million Same Day ACH payments in the third quarter; the value of those payments rose 38.8% to $844 billion. “These results are continued proof of the robust adoption of Same Day ACH. Since its debut, Same Day ACH has handled nearly 4 billion payments valued at $8 trillion,” said Jane Larim