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87% of American Borrowers are Overpaying for Their Mortgages, Costing Households $65B Annually

Lastest from Businesswire - 2 hours 15 min ago
NEW YORK--(BUSINESS WIRE)--87% of American Borrowers are Overpaying for Their Mortgages, Costing Households $65B Annually

AM Best Affirms Credit Ratings of Royal Bank of Canada Insurance Company Ltd.

Lastest from Businesswire - 2 hours 15 min ago
OLDWICK, N.J.--(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 Royal Bank of Canada Insurance Company Ltd. (RBCICL) (Cayman Islands). The outlook of these Credit Ratings (ratings) is stable.The ratings reflect RBCICL’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.RBCICL

Kalshi and ADI Predictstreet Announce Strategic Partnership to Expand Global Prediction Market Footprint during World Cup™ and Beyond

Lastest from Businesswire - 2 hours 15 min ago
NEW YORK--(BUSINESS WIRE)--ADI Predictstreet, the Official Prediction Market Partner of the FIFA World Cup 2026™, today announced a strategic branding and product partnership with Kalshi, the world's leading prediction market exchange. This collaboration will expand prediction markets globally, providing billions of fans with new ways to engage with the world's biggest sporting event. Heading into the knockout stage, Kalshi will be co-branded alongside ADI Predictstreet in stadium, TV, and onli

John Hope Bryant Available for Media Interviews Ahead of Austin African American Book Festival Appearance

Lastest from Businesswire - 2 hours 15 min ago
AUSTIN, Texas--(BUSINESS WIRE)--Operation HOPE Founder, Chairman and CEO John Hope Bryant will be available for media interviews Saturday morning, June 27, ahead of his featured appearance at the Austin African American Book Festival, to discuss his timely and nationally recognized book, Capitalism for All: Inclusive Economics and the Future-Proofing of America. A national bestseller praised by Oprah Winfrey and recognized by Forbes as one of the 250 Greatest Living Self-Made Americans, Capital

Blacktree Management Launches SBA and Esoteric Asset-Backed Finance Platform

Lastest from Businesswire - 2 hours 15 min ago
MIAMI--(BUSINESS WIRE)--Blacktree Management LLC (“Blacktree”), an independent asset manager focused on Small Business Administration (SBA) loan aggregation, securitization, and esoteric ABS strategies, today announced the launch of a new SBA and esoteric asset-backed finance platform. The platform will target investments across guaranteed and unguaranteed portions of SBA loans, whole loans, and other consumer and commercial esoteric ABS. The platform will be led by Founder and Managing Partner

SES AI Deadline Today: Rosen Law Firm Encourages SES AI Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – SES

Lastest from Businesswire - 2 hours 15 min ago
NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of SES AI Corporation (NYSE: SES) between January 29, 2025 and March 4, 2026, both dates inclusive (the “Class Period”), of the important June 26, 2026 lead plaintiff deadline in the securities class action first filed by the Firm.So what: If you purchased SES AI securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or cost

KBRA Assigns AAA Rating to County of Chesterfield, VA General Obligation Bonds, Series 2026 and Assigns AA+ Rating to the Economic Dev. Authority of Chesterfield County, VA Revenue Bonds, Series 2026 and Outstanding Parity Bonds

Lastest from Businesswire - 2 hours 15 min ago
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of AAA to the County of Chesterfield, VA General Obligation Public Improvement Bonds, Series 2026 and assigns a long-term rating of AA+ to the Economic Development Authority of Chesterfield County, VA Revenue Bonds, Series 2026 and assigns a AA+ rating to outstanding appropriation debt. KBRA additionally affirms the long-term rating of AAA on outstanding General Obligation Bonds. All ratings with a Stable Outlook. Key Credit Considerati

Clara Capital Completes Development of Clara Connect, a Fully Automated Platform Connecting Small Businesses With Capital Through Strategic Partner Ecosystems

Lastest from Businesswire - 2 hours 15 min ago
WOODBURY, N.Y.--(BUSINESS WIRE)--Clara Capital, a leading provider of working capital solutions for small and medium-sized businesses, today announced the successful completion and testing of Clara Connect, its fully automated marketplace platform designed to modernize how organizations connect business owners with access to capital. Clara Connect creates a seamless digital ecosystem that automates the entire funding workflow—from application intake and document collection to underwriting, appr

Sila Realty Trust, Inc. Stockholders Approve Acquisition by Affiliates of Blue Owl Capital Inc.

Lastest from Businesswire - 2 hours 15 min ago
TAMPA, Fla.--(BUSINESS WIRE)--Sila Realty Trust, Inc. Stockholders Approve Acquisition by Affiliates of Blue Owl Capital Inc.

Sinda to Begin Trading on NYSE

Lastest from Businesswire - 2 hours 15 min ago
NEW YORK--(BUSINESS WIRE)--Sinda Ltd. (the “Company” or “Sinda”), a silver exploration company with mineral projects in Mexico, will begin trading today on the New York Stock Exchange (the “NYSE”) under the ticker symbol “SIND”. Daniel Muñiz Quintanilla, Executive Chairman, said: “Silver mining has been an important component of Mexico's economy for centuries. Today silver is an essential metal for the global energy transition and remains an important monetary metal. Sinda’s silver/gold deposit

Aquila Air Capital Upsizes Credit Facility to $400 Million

Lastest from Businesswire - 2 hours 15 min ago
DUBLIN--(BUSINESS WIRE)-- #airctraftleasing--Aquila Air Capital (“Aquila”), a leading lessor based in Ireland and backed by funds managed by global alternative asset manager Wafra Inc., announced today the closing of a $400 million refinancing and upsizing of its Warehouse Facility with ATLAS SP Partners (“ATLAS”), the warehouse finance and securitized products business majority owned by Apollo funds. With this expanded facility, Aquila is well positioned to grow its already robust and diversified engine portfolio

Léa Dunand-Chatellet Appointed Chief Executive Officer of Mirova

Lastest from Businesswire - 2 hours 15 min ago
PARIS--(BUSINESS WIRE)--Natixis Investment Managers (Natixis IM) today announces the appointment of Léa Dunand-Chatellet as Chief Executive Officer of Mirova, its affiliate dedicated to sustainable investing. Léa Dunand-Chatellet’s appointment was approved today by Mirova’s Board of Directors. She will assume her role on July 1, 2026, succeeding Philippe Zaouati. With over twenty years of experience in sustainable investing, Léa Dunand-Chatellet has worked for leading asset management firms, in

ICE First Look at Mortgage Performance: Mortgage Performance Holds Steady Despite Calendar-Driven Rise in Delinquencies

Lastest from Businesswire - 2 hours 15 min ago
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 released the May 2026 ICE First Look at mortgage performance trends. The analysis found that while overall mortgage delinquencies increased modestly in May, the rise was largely driven by calendar-related factors rather than broad-based deterioration in mortgage performance. “While the headline incre

Morgan Stanley Wealth Management Expands Access to Private Markets and Alternatives with PMAX - Balanced and PMAX - Growth Funds

Lastest from Businesswire - 2 hours 15 min ago
NEW YORK--(BUSINESS WIRE)--Morgan Stanley Wealth Management announced that it has expanded access to the Morgan Stanley Private Markets and Alternatives Fund ("PMAX") by registering it as PMAX - Balanced. This change removes the accredited investor requirement, lowers minimum investment amounts, and introduces daily subscriptions, making private market strategies accessible to a broader range of clients through a simplified, professionally managed investment vehicle. Morgan Stanley Wealth Manag

New research from Voya sheds light on the opportunities public sector employees have to improve their retirement confidence

Lastest from Businesswire - 5 hours 15 min ago
NEW YORK--(BUSINESS WIRE)--Voya Financial, Inc. (NYSE: VOYA) today released new research1 examining the factors shaping retirement confidence among public employees, finding that while government workers report higher levels of retirement preparedness than their private-sector peers, opportunities remain to improve outcomes through greater engagement, education and access to guidance. The research, Beyond the Pension: What Really Drives Retirement Confidence for Public Employees, found that 89%

Wolters Kluwer Enablon is Recognized as a Leader in Verdantix Green Quadrant for Process Safety Management Software

Lastest from Businesswire - 5 hours 15 min ago
NEW YORK--(BUSINESS WIRE)--Wolters Kluwer, a global provider of professional information, software solutions, and services, today announced that its Enablon platform is recognized as a Leader in the recently published 2026 Green Quadrant for Process Safety Management (PSM) software report by independent research firm Verdantix.The report assesses 11 leading PSM software providers and offers a comprehensive evaluation of solution capabilities and market momentum.Enablon PSM software’s strong capa

Marqeta to Announce Second Quarter 2026 Results on August 4, 2026

Lastest from Businesswire - 5 hours 15 min ago
OAKLAND, Calif.--(BUSINESS WIRE)--Marqeta, Inc. (NASDAQ: MQ), the modern card issuing platform, today announced that it will host a conference call and webcast to discuss second quarter 2026 financial results on Tuesday, August 4, 2026 at 4:30 pm ET. Hosting the call will be Mike Milotich, Chief Executive Officer, and Patti Kangwankij, Chief Financial Officer. A press release with the second quarter 2026 financial results will be issued after the market closes that same day. The conference call

GoldenTree Asset Management Announces Closing of $726 Million CLO Under GLM Strategy

Lastest from Businesswire - 5 hours 15 min ago
NEW YORK--(BUSINESS WIRE)--GLM III, LP (“GLM III”) and its affiliated investment manager GoldenTree Asset Management LP (along with other affiliated investment managers “GoldenTree”), announced the closing of a $726 million collateralized loan obligation (“CLO”) to be managed by GLM III. With the closing of this CLO, GoldenTree Loan Management US CLO 30 (“GLM US CLO 30”), GoldenTree has issued 39 CLOs totaling nearly $22 billion under its GLM CLO strategy. Since its inception in January 2017, t

Novak Djokovic Joins General Atlantic as Global Strategic Advisor

Lastest from Businesswire - 5 hours 15 min ago
NEW YORK & LONDON--(BUSINESS WIRE)--General Atlantic, a leading global investor, today announced that Novak Djokovic is joining the firm as Global Strategic Advisor. One of the most accomplished athletes in history and a global advocate for high performance and wellness, Mr. Djokovic will work closely with the firm's leadership, portfolio companies, and investors, bringing perspectives on leadership, resilience, and innovation that reflect General Atlantic's commitment to excellence. As Global

Best’s Market Segment Report: U.S. Cyber Market’s Premium Grows Slightly; Surplus Lines Writers Continue to Increase Role

Lastest from Businesswire - 5 hours 15 min ago
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--A pair of distinct sub-markets have evolved within the U.S. cyber insurance space, one dominated by surplus lines carriers writing primary and excess cyber-specific policies and the other focused on endorsements to commercial policies, according to a new AM Best report. The results between the two vary, with third-party claims growing more rapidly within the surplus lines side of the market.The combined overall premiums generated from cyber insurance coverage incr

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