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Corebridge Financial Enhances The Power Series of Index Annuities with New Accumulation and Diversification Capabilities

Lastest from Businesswire - Mon, 07/27/2026 - 09:16
HOUSTON--(BUSINESS WIRE)--Corebridge Financial today announced the addition of Protected Growth Benefit and preset allocation options to select versions of The Power Series of Index Annuities®, enhancing the accumulation and diversification capabilities of the company’s index annuity lineup. Corebridge research found that protecting and growing retirement savings are both key goals for pre-retirees ages 45+, with 73% saying it is very important to make sure their retirement nest egg does not de

i2c CEO Recognized as Fintech Leader of the Year by Juniper Research

Lastest from Businesswire - Mon, 07/27/2026 - 09:16
REDWOOD CITY, Calif.--(BUSINESS WIRE)--i2c Inc., a global financial technology innovator, today announced its Founder and CEO Amir Wain has been recognized as Fintech Leader of the Year in the Juniper Research Future Digital Awards for Fintech & Payments 2026. The award recognizes Wain's leadership in building i2c's unified banking and payments platform, distinguished by its configurability, global scalability, and operational resilience. For more than 26 years, Wain has pushed payments inf

Lincoln Property Company Surpasses $2 Billion in 2026 Capital Formation, Anchored by Strategic Family Office Partnerships

Lastest from Businesswire - Mon, 07/27/2026 - 09:16
DALLAS--(BUSINESS WIRE)--Lincoln Property Company ("Lincoln"), a global full-service real estate firm, today announced the formation of a $400 million strategic investment program led by commitments from affiliates of HF Capital and SGF Capital. The discretionary investing relationship brings together Lincoln and two of the nation's most respected family office investors in a long-term alignment focused on pursuing compelling real estate investment opportunities across Lincoln's national platfo

Valtris Specialty Chemicals Announces New Executive Leaders

Lastest from Businesswire - Mon, 07/27/2026 - 09:16
INDEPENDENCE, Ohio--(BUSINESS WIRE)--Valtris Specialty Chemicals, a leading global manufacturer of a comprehensive portfolio of specialty additives, announced the recent appointments of several senior executives. Each will play a key role driving improved service and reliability to our customers and fueling Valtris’ growth and profitability over the next several years. Each leader has decades of experience delivering growth and profitability at global blue-chip chemical companies. These leaders

Most Popular Best's Review Articles Include Rankings of Top US Insurers and Global Brokers

Lastest from Businesswire - Mon, 07/27/2026 - 09:16
OLDWICK, N.J.--(BUSINESS WIRE)--In the past 30 days, Best’s Review readers have been most interested in the following insurance news coverage: “Top Global Insurance Brokers – 2026 Edition” ranks the top 20 global brokers based on 2025 total revenue. While this year's list maintained some consistency with past rankings, it also featured notable changes. “Top 200 US Property/Casualty Writers – 2026 Edition” lists top performers in the property/casualty space, including one insurer that jumped fro

Acxiom Recognized as a World’s Top Disability Inclusive Business

Lastest from Businesswire - Mon, 07/27/2026 - 09:16
CONWAY, Ark.--(BUSINESS WIRE)--Acxiom®, the connected data and technology foundation for the world’s leading brands, today announced that it has been recognized as a World’s Top Disability Inclusive Business based on its performance on the Disability Index®, the leading global benchmark for disability inclusion in business. Acxiom was recognized in the Advanced category, which reflects strong leadership and the successful integration of disability inclusion practices throughout the organization

Pagaya Issues AAA-Rated Upsized $900 Million Personal Loan ABS Transaction

Lastest from Businesswire - Mon, 07/27/2026 - 09:16
NEW YORK--(BUSINESS WIRE)--Pagaya Technologies Ltd. (NASDAQ: PGY) (“Pagaya”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the closing of an upsized $900 million AAA-rated personal loan ABS transaction (PAID 2026-5). “Upsizing this transaction to $900 million – one of the largest in our company’s history – underscores the acceleration of our personal loan platform and the endurance of our PAID shelf,” said Sahil Chandiramani, He

Octagon Calls on Fellow XFLT Shareholders to Vote AGAINST the Appointment of a New Sub-Adviser and Demand a Better Path Forward

Lastest from Businesswire - Mon, 07/27/2026 - 09:16
NEW YORK--(BUSINESS WIRE)--Octagon Credit Investors, LLC (“Octagon”, “we”, “our” or “us”), a leading credit-focused asset manager with over 30 years of experience, today issued an open letter urging its fellow shareholders of XAI Floating Rate & Alternative Income Trust (NYSE: XFLT) (the “Fund” or “XFLT”) to vote AGAINST the proposal to approve a new sub-advisory agreement (the “New Sub-Adviser Proposal”) at the Fund’s special meeting of shareholders (the “Special Meeting”) on July 30, 2026

Bank of Marin Bancorp Reports Second Quarter Financial Results

Lastest from Businesswire - Mon, 07/27/2026 - 09:16
NOVATO, Calif.--(BUSINESS WIRE)--BANK OF MARIN BANCORP REPORTS SECOND QUARTER FINANCIAL RESULTS; QUARTERLY EPS OF $0.58, 14 BASIS POINT EXPANSION OF NET INTEREST MARGIN

Intercontinental Exchange Announces Launch of ICE IDs for Private Credit

Lastest from Businesswire - Mon, 07/27/2026 - 09:16
ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), one of the world's leading providers of financial market technology and data powering global capital markets, today announced the launch of a new classification service that creates unique, persistent identifiers (IDs) for private credit instruments for the first time. The new identifiers, ICE IDs, are a key part of ICE Private Credit Intelligence, an industry-wide initiative started by ICE and Apollo to build the

Finance of America Expands Executive Team to Support Next Phase of Growth

Lastest from Businesswire - Mon, 07/27/2026 - 09:16
PLANO, Texas--(BUSINESS WIRE)--Finance of America Reverse LLC ("FOA" or the "Company"), the nation's leading provider of home equity-based financing solutions for modern retirement, today announced the appointments of Maury Pipkin as Chief Information Security Officer and Bryan Summerhays as Senior Vice President, Revenue Growth and Channel Strategy. The appointments reflect Finance of America's continued investment in the technology, cybersecurity and commercial capabilities needed to support

Payward to Acquire Magic Labs' Wallet Infrastructure Business to Expand B2B Offering with Embedded Wallets

Lastest from Businesswire - Mon, 07/27/2026 - 09:16
CHEYENNE, Wyo.--(BUSINESS WIRE)--Payward, Inc., a unified financial infrastructure platform advancing an open, global financial system, today announced it has entered into a definitive agreement to acquire the wallet-as-a-service business of Magic Labs ("Magic"), a leading non-custodial wallet infrastructure provider that has powered more than 60 million wallets and $10 billion-plus in stablecoin volume for over 200,000 developers. The acquisition expands Payward Services, the company's B2B inf

KBRA Releases Research – KBRA Global Cumulative Default Rate Study: 2011-2025

Lastest from Businesswire - Mon, 07/27/2026 - 09:16
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research that analyzes its cumulative default rates (KCDR) by rating category across 1-, 3-, 5-, and 10-year horizons, using data from 2011 through 2025. As part of KBRA's broader review of ratings performance, the report expands on the perspectives in our Global Rating Stability and Transition Study: 2011-2025, providing insight into cumulative default experience across sectors, geographies, and market environments. Key Takeaways KBRA’s observed KCDRs w

Sierra Bancorp Reports Financial Results for Second Quarter and First Six Months of 2026

Lastest from Businesswire - Mon, 07/27/2026 - 09:16
PORTERVILLE, Calif.--(BUSINESS WIRE)--Sierra Bancorp Reports Financial Results for Second Quarter and First Six Months of 2026

Pitney Bowes Strengthens Board of Directors with Appointment of La Vonda Williams

Lastest from Businesswire - Mon, 07/27/2026 - 09:16
SHELTON, Conn.--(BUSINESS WIRE)--Pitney Bowes Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), a technology-driven company that provides digital shipping solutions, mailing innovation, and financial services to clients around the world, today announced the appointment of La Vonda Williams to its Board of Directors (the “Board”), effective immediately. This stems from the Board’s Governance Committee continually focusing on identifying and evaluating highly qualified, independent director can

Hope Bancorp Declares Quarterly Cash Dividend of $0.14 Per Share

Lastest from Businesswire - Mon, 07/27/2026 - 09:16
LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (the “Company”) (NASDAQ: HOPE) today announced that its Board of Directors declared a quarterly cash dividend of $0.14 per common share. The dividend is payable on or about August 20, 2026, to all stockholders of record as of the close of business on August 6, 2026.About Hope Bancorp, Inc.Hope Bancorp, Inc. (NASDAQ: HOPE) is the holding company for Bank of Hope, with $18.99 billion in total assets as of June 30, 2026. Following the addition of Ter

UBS Hires Financial Advisor Team of Four in Tampa, FL

Lastest from Businesswire - Mon, 07/27/2026 - 09:16
TAMPA, Fla.--(BUSINESS WIRE)--UBS today announced that Private Wealth Advisors Jesse Flatt, Lea Ann Drew, Brandon Burns and Carlos Rodriguez will join the firm in Tampa, Florida. Along with their team, they oversee approximately $1.3 billion in client assets, serving ultra-high net worth families and business owners. Following the conclusion of their notice period, the team will join the UBS Greater Florida/Gulf Coast Market and report to Tampa Bay Senior Market Director Jack Heiss. The market

Hope Bancorp Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2026

Lastest from Businesswire - Mon, 07/27/2026 - 09:16
LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (the “Company”) (NASDAQ: HOPE), the holding company of Bank of Hope (the “Bank”), today reported unaudited financial results for its second quarter and six months ended June 30, 2026. For the second quarter of 2026, the Company reported net income of $33.0 million, or $0.26 per diluted common share, up 12% from net income of $29.5 million, or $0.23 per diluted common share, for the first quarter of 2026, and up from a net loss of $24.8 million, o

CIM Group and Bryant Group Ventures Affordable Housing Impact Fund Secures Commitment from KeyBank

Lastest from Businesswire - Mon, 07/27/2026 - 09:16
LOS ANGELES--(BUSINESS WIRE)--CIM Group, a leading real estate and infrastructure owner, operator, lender and developer, and Bryant Group Ventures, founded by influential leader and entrepreneur John Hope Bryant, announced today that its Affordable Housing Impact Fund (AHIF, the Fund) completed its latest closing with a capital commitment from KeyBank. This commitment has triggered upsizes from Truist Bank and Flagstar Bank, bringing the Fund’s total investment capacity to over $315 million thr

Provider Network Solutions Appoints Gustavo Leon Jr., HCMBA, as President and Chief Strategy Officer to Accelerate Strategic Growth

Lastest from Businesswire - Mon, 07/27/2026 - 09:16
MIAMI--(BUSINESS WIRE)--Provider Network Solutions (PNS), a leading specialty care managed services organization dedicated to transforming healthcare through innovative provider solutions, is pleased to announce the appointment of Gustavo Leon Jr., HCMBA, as President and Chief Strategy Officer. With nearly three decades of executive leadership experience in managed care, Leon brings an extensive background in strategic growth, provider partnerships, and value-based care initiatives. Throughout

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