Lastest from Businesswire

MIAMI--(BUSINESS WIRE)--Ocean Bank announced today total assets increased by $98 million in the quarter ended March 31, reaching a record $7.54 billion. Net income was $20 million in the quarter, a 29 percent increase over 2025, on net interest income of $61 million. “We had continued strong results in the first quarter through aggressive lending and operating efficiencies,” said Agostinho Alfonso Macedo, President, Chairman and CEO. “This resulted in an increase in stockholder’s equity to $714

NEW YORK--(BUSINESS WIRE)--UBS today announced that Harlan S. Levinson and Louis F. Vargas have joined the firm as Financial Advisors. The Levinson Vargas Group joins the UBS Manhattan Market, led by Market Executive Kellie Brady, and is based in the firm’s 299 Park Avenue location. They report to Market Director Demie Kommatas. “We’re excited and proud to welcome Harlan and Louis to UBS,” said Kellie Brady. “Their strong track records and deep commitment to client service make them a great fit

NEW YORK--(BUSINESS WIRE)--LibreMax Capital, LLC (“LibreMax”), an asset management firm specializing in securitized products and asset-backed finance, today announced the launch of the LibreMax Asset-Backed Income Fund (“LMIFX” or the “Fund”), its first interval fund that provides investors with access to private asset-backed finance (“ABF”) and traded structured credit opportunities. LMIFX seeks to generate attractive risk-adjusted returns and current income through a portfolio of asset-backed

STAMFORD, Conn.--(BUSINESS WIRE)-- #ISG20Years--ISG will ring the closing bell at the Nasdaq MarketSite in New York’s Times Square on May 5 to mark the 20th anniversary of the firm’s founding.

SAN FRANCISCO--(BUSINESS WIRE)--A judge ruled Navigators Insurance was not entitled to require a policyholder to reimburse attorney’s fees and costs incurred in its defense.

NEW YORK--(BUSINESS WIRE)--UBS today announced that Jeremy Autry has joined the firm as a Market Director in the Manhattan Market. He will be based in UBS’s 1285 Avenue of the Americas location and report to Manhattan Market Executive Kellie Brady. In his new role, Jeremy will partner closely with financial advisors and teams across the market to drive growth, strengthen collaboration and further enhance the client experience by leveraging the full breadth of UBS’s global wealth management plat

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating the sale of Modiv Industrial, Inc. (NYSE: MDV) to Global Net Lease, Inc. Upon closing of the proposed transaction, Modiv shareholders are expected to own approximately 11% of the combined company. Halper Sadeh encourages Modiv shareholders to click here to learn more about their rights and options or contact Daniel Sadeh or Zachary Halper free of charge at (212) 763-0060 or sadeh@halpersadeh.com or zhalpe

TULSA, Okla.--(BUSINESS WIRE)-- #gatewaymortgage--Gateway Mortgage, a division of Gateway First Bank, is proud to announce that 12 of its team members have been named Top Women Originators by Scotsman Guide. This award is based on 2025 mortgage production. The Scotsman Guide introduced the inaugural Top Women Originators ranking in 2018 to celebrate outstanding women in the mortgage industry. These rankings draw upon thousands of submissions by mortgage professionals in the magazine’s annual Top Originators list.

LOS ANGELES--(BUSINESS WIRE)--Broadshore Capital Partners, LLC ("Broadshore") announced the closing of a $32.1 million floating-rate multifamily senior bridge loan secured by a newly delivered Class A multifamily community located in the Huntsville, Alabama MSA. The loan was completed in partnership with an institutional investor with whom Broadshore maintains an active lending relationship focused on sourcing and executing bridge financing opportunities across the United States. The JLL Capita

CHICAGO--(BUSINESS WIRE)--Origami Risk, the industry-leading risk, safety and insurance Software as a Service (SaaS) technology firm, has been distinguished as the definitive market leader in the 2026 RMIS Report, released this week by Redhand Advisors, a risk management technology consulting firm. This marks the eighth consecutive year Origami Risk has been recognized as a leader in the report, underscoring its sustained excellence and position as a stable, long-term partner for risk professio

NEWARK, Del.--(BUSINESS WIRE)--Prismm, an estate orchestration infrastructure platform for banks and credit unions, today announced that it has joined the Jack Henry™ Fintech Integration Network (FIN). Participation in the program will provide Prismm with access to Jack Henry’s technical resources to enable Prismm Anchor™ to integrate with SilverLake®, CIF 20/20®, Core Director® and Symitar®. The Fintech Integration Network is designed to help ensure that Jack Henry’s customers can easily deplo

MINNEAPOLIS--(BUSINESS WIRE)--With combined business spend on loyalty, employee recognition, and channel incentives projected to exceed $80 billion by the 2030s, the incentive industry is entering a period of rapid scale and strategic pressure. In response, the Incentive Marketing Association (IMA) launched a new suite of resources designed to help incentive professionals navigate an environment that’s becoming more specialized, fragmented, and central to business performance. “It’s not just mo

FAIRFAX, Va.--(BUSINESS WIRE)--FVCbank, a subsidiary of FVCBankcorp, Inc. (the “Company”) (NASDAQ:FVCB), is pleased to announce the opening of a Loan Production Office in Virginia Beach, Virginia. Terri Ruby has joined FVCbank as Senior Vice President/Regional President- Hampton Roads. Terri has worked in Hampton Roads for her entire banking career and brings extensive experience in market expansion, business development, and treasury services. Terri's background includes leadership roles at Ne

BOCA RATON, Fla.--(BUSINESS WIRE)--Performance Improvement Partners (PIP), a technology-focused M&A advisory and IT consulting firm serving middle-market private equity, today announced the acquisition of AlphaAdvisors, a leading AI and Data advisory firm. The acquisition scales and strengthens PIP's AI and Data capabilities, deepening its ability to deliver AI solutions and enterprise-wide data strategies tied directly to measurable value creation outcomes. PIP has integrated AI across its

SEATTLE--(BUSINESS WIRE)--ShareBuilder 401k announced a 50% off setup promotion on all 401(k) retirement plans to help small business owners establish tax-advantaged savings to help owners and employees alike build for a secure retirement. With the multifaceted issues of AI implementations, difficultly attracting skilled talent, and managing complex tax burdens in today’s business climate, small businesses are actively seeking effective strategies to build their business, reduce taxes and be in

NEW YORK--(BUSINESS WIRE)--New Chase survey data shows a significant gap between small business owners’ retirement timelines and their readiness to transition leadership. While nearly half expect to step away within the next decade, only a small share say they have a fully developed succession plan. Conducted nationally - with market-level analysis in Austin, Detroit, New York City, Salt Lake City, and San Francisco - the survey asked owners about their business operations, goals, and readiness

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating the merger of ACRES Commercial Realty Corp. (NYSE: ACR) and ACRES Capital Corp. Halper Sadeh encourages ACRES Commercial shareholders to click here to learn more about their rights and options or contact Daniel Sadeh or Zachary Halper free of charge at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether ACRES Commercial and its board of directors violated

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Stephens today announced that Bascome Majors has joined the firm’s institutional equity research practice as a Managing Director and Senior Research Analyst covering the Transportation sector. He brings nearly two decades of experience across the freight transportation industry, including railroads, parcel, asset-light logistics, trucking, and rail equipment. Based in Atlanta, Majors will lead the firm’s transportation coverage, supported by its integrated ca

SAN DIEGO--(BUSINESS WIRE)--Thirdpath, LLC (“Thirdpath” or “Firm”), a next-generation private markets solutions platform, today announced its public launch after its formation last year. Thirdpath is built to serve the evolving needs of institutional allocators by creating bespoke private markets investment solutions through Separately Managed Accounts (“SMAs”). Founded by industry veterans and Managing Partners Brey Jones and John McGuinness, Thirdpath’s principles are rooted in partnership, a

SAN FRANCISCO--(BUSINESS WIRE)--Andersen Group Inc. will announce its financial results for the first quarter 2026 after the market closes on Tuesday, May 12, 2026.