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Trade Tensions Reshaping U.S. Corporate Strategy, HSBC Survey Finds

Lastest from Businesswire - Wed, 05/28/2025 - 08:40
NEW YORK--(BUSINESS WIRE)--U.S. companies remain optimistic about future international expansion despite facing cost pressures, disrupted supply chains and ongoing uncertainty more acutely when compared to global peers, according to HSBC’s inaugural Trade Pulse survey. Despite current headwinds, American businesses remain optimistic about long term international growth and most are increasing reliance on the U.S. market in the immediate term. The survey captured responses from over 5,700 intern

Cantor Fitzgerald expands asset management capabilities with acquisition of UBS’s O’Connor alternatives investment platform

Lastest from Businesswire - Wed, 05/28/2025 - 08:40
NEW YORK--(BUSINESS WIRE)--Cantor Fitzgerald (“Cantor Fitzgerald” and the “Company”), a leading global financial services firm, today announced it has entered into a definitive agreement to acquire UBS’s O’Connor alternatives investment platform, which includes hedge funds, private credit and commodities, with approximately $11 billion in invested assets. This acquisition will significantly bolster Cantor Fitzgerald’s Asset Management (“CFAM”) capabilities and supports the Company’s broader gro

Fraudsters Have the Edge, but Financial Institutions Are Fighting Back: New DataVisor Report Unveils 2025’s Top Threats and Strategic Priorities

Lastest from Businesswire - Wed, 05/28/2025 - 08:40
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--DataVisor, the world’s leading AI-powered fraud and risk platform, released its 2025 Executive Report, highlighting the escalating challenges organizations face in combating sophisticated fraud schemes. The report underscores a significant shift in the fraud landscape, with 75% of surveyed institutions acknowledging that bad actors are leveraging generative AI more effectively than legitimate organizations. From deepfakes to synthetic identities, criminal

David Droga to Step Down as Accenture Song CEO, Appointed Accenture Vice Chair

Lastest from Businesswire - Wed, 05/28/2025 - 08:40
NEW YORK--(BUSINESS WIRE)--Accenture today announced that chief executive officer of Accenture Song, David Droga, has chosen to step down from day-to-day leadership.

Acrisure Acquires Payroll Business from Global Payments for $1.1 Billion to Expand its Fintech Product Offering

Lastest from Businesswire - Wed, 05/28/2025 - 08:40
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Acrisure today announced the signing of a definitive agreement to acquire Global Payments’ (NYSE: GPN) payroll business, Heartland Payroll Solutions (“Heartland Payroll”), one of the leading payroll and Human Capital Management (HCM) companies in the United States for $1.1 billion. Upon completion of the transaction, Heartland Payroll – which will be rebranded after closing – will significantly expand Acrisure’s current payroll and HCM capabilities and adva

Endace Secures FIPS 140-3 Validation for EndaceProbe Packet Capture and Network Recording Appliances

Lastest from Businesswire - Wed, 05/28/2025 - 08:40
AUSTIN, Texas & AUCKLAND, New Zealand--(BUSINESS WIRE)--Packet capture authority, Endace, today announced that EndaceProbe has achieved FIPS (Federal Information Processing Standard) 140-3 validation from the U.S. National Institute of Standards and Technology (NIST). The rigorous evaluation process formally validates that EndaceProbe hardware and software conforms to the latest cryptographic security framework, giving customers in government, defense, and regulated industries such as critical

The Latino Donor Collaborative Releases Preliminary Numbers from Part One of the 2025 Official LDC U.S. Latino GDP Report™: U.S. Latino Economy Hits $4 Trillion, Surpassing UK and India

Lastest from Businesswire - Wed, 05/28/2025 - 08:40
LOS ANGELES--(BUSINESS WIRE)-- #LatinoDonorCollaborative--The Latino Donor Collaborative Releases Preliminary Numbers from Part One of the 2025 Official LDC U.S. Latino GDP Report™

Saba Capital Reaches Agreement with CQS Natural Resources Growth & Income PLC

Lastest from Businesswire - Wed, 05/28/2025 - 02:40
NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, “Saba” or “we”) today announced that it has entered into a standstill agreement (the “Agreement”) with CQS Natural Resources Growth & Income PLC (CYN:LSE) (“CYN” or the “Trust”) following constructive negotiations with the Board aimed at achieving an outcome that benefits all shareholders. Under the terms of the Agreement and subject to shareholder approval, the Trust will conduct a tender off

Saviynt Study: Majority of Cybersecurity Professionals See AI Certifications as Career Boost Amid Global Talent Shortage

Lastest from Businesswire - Wed, 05/28/2025 - 02:40
BANGALORE, India--(BUSINESS WIRE)--Saviynt, a leading provider of cloud-native identity and governance platform solutions, today released findings from its Identity Security for the AI Age (ISAA) program survey. The most striking insight: 94% of learners believe employers prefer hiring professionals with certifications – highlighting the growing importance of credentials in the evolving identity security landscape. To directly address this growing desire from employers, Saviynt launched the no

Kuwait’s Real-Time Payment Scheme WAMD Surpasses 1 Million Accounts in First Year

Lastest from Businesswire - Wed, 05/28/2025 - 02:40
OMAHA, Neb. & KUWAIT CITY--(BUSINESS WIRE)--ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, and KNET, Kuwait’s national electronic banking company, today announced that WAMD, Kuwait’s real-time payment system, recorded significant growth in the number of transactions processed since its launch in June of 2024, making WAMD one of the world’s most rapidly adopted real-time payment initiatives. KNET utilized ACI's Digital Central Infrastructure solution to build

Ladder Achieves Second Investment Grade Credit Rating

Lastest from Businesswire - Tue, 05/27/2025 - 20:40
NEW YORK--(BUSINESS WIRE)--Ladder Capital Corp (“Ladder,” the “Company,” “we” or “our”) (NYSE: LADR), a leading commercial real estate finance REIT, announced today that the Company received an investment grade rating from Moody's Ratings ("Moody's"). Moody’s has assigned a Baa3 issuer rating to Ladder Capital Corp and upgraded the backed senior unsecured rating of Ladder Capital Finance Holdings LLLP to Baa3 from Ba1, issuing a stable outlook for both entities. This upgrade follows Ladder’s in

RCAT Investors Have Opportunity to Lead Red Cat Holdings, Inc. Securities Fraud Lawsuit Filed by the Schall Law Firm

Lastest from Businesswire - Tue, 05/27/2025 - 20:40
LOS ANGELES--(BUSINESS WIRE)--RCAT Investors Have Opportunity to Lead Red Cat Holdings, Inc. Securities Fraud Lawsuit Filed by the Schall Law Firm

Adam Bass Member of the All-Star Faculty for Sandpiper Partner’s Annual Los Angeles Legal Market Conference

Lastest from Businesswire - Tue, 05/27/2025 - 20:40
LOS ANGELES--(BUSINESS WIRE)--Buchalter is pleased to announce that Adam Bass, President and Chief Executive Officer of Buchalter, will participate as a member of the all-star faculty of law firm partners during Sandpiper Partner’s 16th Annual Los Angeles Legal Market Conference 2025. Program highlights include, State of the LA Legal Market, State of the LA Real Estate Market, Financial Discipline and Profitability, and Why AI is Transformative. The conference takes place on Tuesday, June 4 fro

AM Best Assigns Performance Assessment to Ryan Specialty Underwriting Managers and Affiliates

Lastest from Businesswire - Tue, 05/27/2025 - 20:40
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Performance Assessment of PA-1 (Exceptional) to a group of nine affiliates of Ryan Specialty Underwriting Managers (RSUM) (Chicago, IL). (See below for a detailed list of affiliate companies.) The outlook assigned to the Performance Assessments (assessment) is stable. At the same time, AM Best has upgraded the assessments to PA-1 (Exceptional) from PA-2 (Excellent) of Ryan Specialty Underwriting Managers International Limited (RSUMI) (Unite

Walker & Dunlop Arranges Debt Financing and JV Equity for Long Branch NJ Multifamily Conversion

Lastest from Businesswire - Tue, 05/27/2025 - 20:40
BETHESDA, Md.--(BUSINESS WIRE)--Walker & Dunlop, Inc. announced today that it arranged $121.5 million in equity and debt financing for the acquisition of Ocean Gate, a recently built, luxury Class-A apartment community with 170 multifamily located in Long Branch, New Jersey. Walker & Dunlop Capital Markets, led by Aaron Appel, Jonathan Schwartz, Keith Kurland, Mo Beler, Adam Schwartz, Ari Hirt, Jackson Irwin, and Stanley Cayre, acted as an exclusive advisor to Lincoln Equities Group and

FES Super Extends Partnership with SS&C

Lastest from Businesswire - Tue, 05/27/2025 - 20:40
WINDSOR, Conn.--(BUSINESS WIRE)--FES Super Extends Partnership with SS&C

Docebo Named to Newsweek’s 2025 Global Most Loved Workplaces® List

Lastest from Businesswire - Tue, 05/27/2025 - 17:40
TORONTO--(BUSINESS WIRE)--Docebo Inc. (NASDAQ: DCBO; TSX: DCBO), a leading learning platform provider with a foundation in artificial intelligence (AI) and innovation, today announced its inclusion on Newsweek’s 2025 Global Most Loved Workplaces® list. This recognition reflects Docebo’s dedication to cultivating a culture where employees feel deeply connected, respected, and empowered to grow. The Global Most Loved Workplaces® list, produced in collaboration with the Best Practice Institute (BP

Ares Capital Corporation Prices Public Offering of $750 Million 5.500% Unsecured Notes Due 2030

Lastest from Businesswire - Tue, 05/27/2025 - 17:40
NEW YORK--(BUSINESS WIRE)--Ares Capital Corporation (Nasdaq: ARCC) announced that it has priced an underwritten public offering of $750 million in aggregate principal amount of 5.500% notes due 2030. The notes will mature on September 1, 2030 and may be redeemed in whole or in part at Ares Capital’s option at any time at par plus a “make-whole” premium, if applicable. BofA Securities, Inc., J.P. Morgan Securities LLC, RBC Capital Markets, LLC, SMBC Nikko Securities America, Inc., Wells Fargo Se

Cyberwrite Partners with Samsung Fire & Marine Insurance on Cyber Insurance

Lastest from Businesswire - Tue, 05/27/2025 - 17:40
SEOUL, South Korea & NEW YORK--(BUSINESS WIRE)--Cyberwrite has partnered with Samsung Fire & Marine Insurance (SFMI) to strengthen the insurer’s cyber insurance capabilities. Following a comprehensive global evaluation by Samsung Financial C-Lab Outside, Cyberwrite was selected for its expertise in next-generation cyber catastrophe modeling, AI-driven real-time cyber underwriting analytics, and broker enablement abilities. The collaboration will focus on strengthening SFMI’s ability to asse

Cherry Hill Mortgage Investment Corporation Appoints Apeksha Patel as Interim Chief Financial Officer

Lastest from Businesswire - Tue, 05/27/2025 - 17:40
TINTON FALLS, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that it has appointed Apeksha Patel as Interim Chief Financial Officer, effective June 22, 2025. Ms. Patel will be replacing current Chief Financial Officer Michael Hutchby, who will help effect a smooth and orderly transition before departing Cherry Hill effective June 22, 2025 to pursue other professional opportunities. “With the appointment of Apeksha as our interim CFO, we are able

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