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IBC Reports Strong Earnings for the First Quarter of 2026
LAREDO, Texas--(BUSINESS WIRE)--International Bancshares Corporation (NASDAQ:IBOC) today reported net income for the three months ended March 31, 2026 of $102.2 million.
Mark Farrah Associates Noted Record Lows and Highs for Medicare Advantage and PDPs
PITTSBURGH--(BUSINESS WIRE)--Mark Farrah Associates assessed MA and PDP performance, market share, and market growth as of April 1, 2026.
UBS Appoints Rick Penafiel as Market Executive for South Florida
NEW YORK--(BUSINESS WIRE)--UBS today announced that Rick Penafiel will be joining the firm as Market Executive for South Florida, a newly established market reflecting the firm’s continued growth and investment across Florida. Following the conclusion of his notice period, Rick will lead UBS’s wealth management business in South Florida, which includes key wealth centers Miami, Aventura, Fort Lauderdale, Boca Raton and Palm Beach. Rick will report to Julie Fox, Southeast Regional Director, and
JAMS Reports Rising Global Demand for ADR in 2025 Resolution Report
IRVINE, Calif.--(BUSINESS WIRE)--JAMS, the premier provider of alternative dispute resolution (ADR) services worldwide, is pleased to share its 2025 global caseload statistics. Now in its fourth year, the JAMS Resolution Report captures the number and types of international matters handled. In 2025, 21,939 new cases* were filed with JAMS, representing an increase over the prior year. JAMS handled a total of 28,345 active cases** during the year. Of the new cases, 308 were international, marking
KBRA Assigns Preliminary Ratings to Mulligan Asset Securitization III LLC, Series 2026-1
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to four classes of notes (the “Notes”) issued by Mulligan Asset Securitization III LLC, Series 2026-1. Mulligan Funding, LLC (“Mulligan” or the “Company”), provides financing to small and medium-sized business through the use of proprietary risk scoring models, transactional data and technology systems. Since inception, Mulligan has funded over $2.8 billion to more than 29,000 merchants. The Company is primarily owned by its senior man
Advisor Practice With $140 Million in Assets Joins Ameriprise Financial for Enhanced Client Experience and Long-Term Continuity
MINNEAPOLIS--(BUSINESS WIRE)--Strickoff Financial Services, LLC, led by Kive Strickoff, CPA, AIF®, recently joined the branch channel of Ameriprise Financial, Inc. (NYSE:AMP) from Commonwealth Financial Network where the team managed nearly $140 million in client assets. Strickoff, along with his long-time client service associates Rhonda Sossner and Colleen Barbato, have joined The Atlantic Group, a well-established Ameriprise financial advisory practice led by founding partners Andrew Lerner,
Fraud is Surging Across Consumer Lending as 93% of Lenders Report Credit-Loss Impact
BURBANK, Calif.--(BUSINESS WIRE)--A new industry report from Celent, commissioned by Zest AI, reveals that fraud has moved from an operational cost to a direct contributor to credit losses—one that lenders are finding increasingly difficult to detect and combat on their own. A survey of 115 U.S. financial institutions found that 93% of lenders say fraud contributes to their credit losses, and 82% report fraud losses increased in 2026 compared to the year prior. The findings point to an industry
emnify named a Visionary in the 2026 Gartner® Magic Quadrant™ for Managed IoT Connectivity Services, Worldwide
BERLIN--(BUSINESS WIRE)--emnify, a global provider of cloud-native IoT connectivity solutions, today announced it has been recognized as a Visionary in the 2026 Gartner® Magic Quadrant™ for Managed IoT Connectivity Services, Worldwide. Get the report As a first-time recognized vendor, emnify believes this recognition reflects its forward-looking approach to IoT connectivity, building a platform designed to anticipate where enterprise needs are heading rather than replicating the connectivity mo
VITL SHAREHOLDER ANNOUNCEMENT: Faruqi & Faruqi, LLP Reminds Vital Farms (VITL) Investors of Securities Class Action Deadline on May 26, 2026
NEW YORK--(BUSINESS WIRE)---- $VITL #ClassAction--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Vital Farms, Inc. (“Vital Farms” or the “Company”) (NASDAQ: VITL) and reminds investors of the May 26, 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 firm h
Private Equity & M&A Partner Mark Churchman joins Dorsey in London
LONDON--(BUSINESS WIRE)--Dorsey & Whitney appointed M&A and Private Equity attorney Mark Churchman as a Partner in its London office, strengthening the firm's capability to support mid-market sponsors on UK domestic and cross-border transactions. Mark joins Dorsey from Shoosmiths, where he was Partner in the M&A and Private Equity team. He brings over 15 years’ experience advising UK, US, and European sponsors on investment and M&A opportunities. His practice focuses on mid-mark
Quantum Health Showcases Continued Innovation that Lowers the Total Cost of Care
NASHVILLE, Tenn.--(BUSINESS WIRE)--Quantum Health, the leading healthcare navigation company, today highlighted a series of expanded capabilities designed to help employers lower their healthcare costs. Announced from a sold-out Quantum Health Connect conference, these advancements reflect the company’s continued focus on addressing the most urgent challenge facing employers today: reducing total cost of care while improving outcomes and the member experience. “From pharmacy to advanced therapi
EA SPORTS FC™ and LALIGA Launch New York Community Pitch as Part of FC FUTURES Program, Designed by Local Artist BG183
REDWOOD CITY, Calif.--(BUSINESS WIRE)--EA SPORTS FC™ and LALIGA have unveiled a newly refurbished community football pitch in the South Bronx, New York, as part of FC FUTURES – EA SPORTS’ grassroots initiative to expand access to the game and connect football communities around the world. Marking the 10th pitch delivered through the program with LALIGA globally, the project brings together soccer, creativity and community to create a safe, inclusive space for young people and local families to
HomeServices of America Names Lane McCormack President of Berkshire Hathaway HomeServices Beach Properties of Florida
MINNEAPOLIS--(BUSINESS WIRE)--HomeServices of America, a leading provider of homeownership services, today announced the appointment of Lane McCormack as President of Berkshire Hathaway HomeServices Beach Properties of Florida. A highly respected real estate executive with more than 28 years of industry experience, McCormack brings a proven track record of strategic leadership, operational growth and deep expertise in the luxury sector. She joins Beach Properties following seven years with Ansl
Consertus Appoints Amer Jeambey to Lead Middle East and North Africa (MENA)
MIAMI--(BUSINESS WIRE)--Consertus, Inc., a portfolio company of RTC Partners, has appointed Amer Jeambey as Executive Vice President and Managing Director, MENA. In this role, he will lead the firm’s Middle East and North Africa Division, driving regional growth through acquisitions, deepening client relationships, and expanding its integrated delivery capabilities. Amer brings more than 20 years of experience across the MENA region, spanning investment management, corporate strategy, advisory,
Fazeshift Raises $22M to Power the Future of Autonomous Finance
SAN FRANCISCO--(BUSINESS WIRE)--Fazeshift, an AI-native platform deploying autonomous agents to execute end-to-end accounts receivable workflows, today announced $17M in Series A funding, bringing total funding to $22M. The Series A was led by F-Prime, with participation from Gradient (Google’s early-stage AI fund), Y Combinator, Wayfinder, Pioneer Fund, Ritual Capital, and prominent angels. Already automating invoicing, collections, and reconciliation for enterprise finance teams, Fazeshift is
The Lincoln Private Market Index: Broader Private Market Trends Were Stable Despite Software-Driven Decline
CHICAGO--(BUSINESS WIRE)--Lincoln International, a global investment banking advisory firm, announced today that the Lincoln Private Market Index (LPMI), an index that tracks changes in the enterprise value of U.S. privately held companies, decreased by 2.2% in Q1, driven primarily by a 7.8% decrease for technology companies (driven by an 8.8% decrease for software companies) and a 1.5% decrease for business services companies while all other industries remained flat or modestly up quarter-over
Empower Grows Earnings 23% to Record High
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Empower announced today strong momentum across its business in the first quarter of 2026, highlighted by the company surpassing 20 million investors served. The retirement services and wealth management provider saw continued growth in sales and net flows during the quarter. Empower announced it has achieved base earnings of $314 million for the first quarter of 2026, up 23% from the same period in 2025. Empower released results as part of a broader qu
The Baldwin Group Q1 2026 Market Pulse: Insurance Market Fragments as Property Softens and Casualty Pressures Persist
TAMPA, Fla.--(BUSINESS WIRE)--The Baldwin Group ("Baldwin" or the “Company”) (NASDAQ: BWIN), a leading independent insurance brokerage and advisory firm, today released its Q1 2026 Market Pulse Report, documenting the sharpest divergence between property and casualty pricing trends since the report was launched in Q4 2024. Commercial property deepened to its steepest negative reading on record while key casualty lines re-accelerated or maintained their upward trend. Based on aggregated data and
Andersen Consulting Strengthens Organizational Transformation Capabilities with Afiniti
SAN FRANCISCO--(BUSINESS WIRE)-- #Afiniti--Andersen Consulting announces a Collaboration Agreement with Afiniti, a global business transformation consultancy.
Fidelis Insurance Group Declares Quarterly Dividend
PEMBROKE, Bermuda--(BUSINESS WIRE)--Fidelis Insurance Holdings Limited (NYSE:FIHL) (“Fidelis Insurance Group” or the “Company”), a strategic capital allocator and risk selector in specialty insurance and reinsurance, announced today that its Board of Directors has approved and declared a dividend of $0.15 per share, payable on June 26, 2026, to common shareholders of record on June 15, 2026. About Fidelis Insurance Group Fidelis Insurance Group, which expects to rebrand as Pelagos Insurance Cap
