Lastest from Businesswire
Edge Focus Closes Second EDGEX Deal: $200 Million 144A Consumer Loan ABS
    NEW YORK--(BUSINESS WIRE)--Edge Focus, a technology-enabled private-credit firm focused on consumer assets, today announced the closing of EDGEX 2025-2, its second asset-backed securitization, a $200 million Rule 144A transaction backed by unsecured consumer loans. The transaction advances Edge Focus’s multi-platform capital markets strategy and leverages its proprietary underwriting and analytics platforms, Origin and Lens. The transaction was led by Performance Trust Capital Partners (Structu  
Webster Bank Celebrates 90th Anniversary
    STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A. (“Webster Bank”), celebrates its 90th anniversary on Saturday, October 11. Since its founding in 1935, Webster has grown to a national financial services company with over $80 billion in assets. Founder Harold Webster Smith opened First Federal Savings and Loan Association of Waterbury in Connecticut with $25,000 from friends and family to help people build and buy homes durin  
LoanGeek Awarded 2025 Broker of the Year by the National Private Lenders Association
    RED BANK, N.J.--(BUSINESS WIRE)--LoanGeek, a technology platform that connects real estate investors with private, non-bank lending options nationwide, has been named the 2025 Broker of the Year by the National Private Lenders Association at the recent NPLA conference in Scottsdale, Arizona. The award recognizes excellence in broker leadership, client outcomes, lender partnerships, and industry impact. “We are honored to receive this award,” said Christopher Pepe, Co-Founder & CEO of LoanGe  
DSWD Announces Strategic Investment from 119th Street Capital
    CHICAGO--(BUSINESS WIRE)--DSWD, LLP (“DSWD”) is pleased to announce a strategic investment by 119th Street Capital, an Indiana-based family office that exclusively invests in privately-owned financial services firms. The investment marks an exciting new chapter for DSWD’s professional service offerings - one that will fuel continued growth, support its people-first culture, and expand its ability to serve clients with excellence. Since its founding in 2009 by Joseph DeMarco, John Sciaccotta and  
Sirion Unveils Next-Gen Agentic CLM Platform with Industry’s First 360 Conversational Contracting Experience
    LEHI, Utah--(BUSINESS WIRE)--Sirion, the global leader in AI-native contract lifecycle management (CLM), today launched its next-generation agentic CLM platform. The platform, powered by practitioner-grade AI agents, introduces the industry’s first 360 conversational contracting experience, AskSirion, built for enterprise-grade trust, speed, and scale. AskSirion unlocks the full spectrum of the platform’s agentic capabilities, giving users instant access to expert agents across every step in th  
Pryor Cashman Welcomes Partner Caitlin Connolly to Family Law Group in New York
    NEW YORK--(BUSINESS WIRE)--Pryor Cashman announced today that Caitlin Connolly has joined the firm’s New York office as a partner in the Family Law Group. Caitlin is an experienced litigator whose practice spans all aspects of divorce, custody, and family law matters. Her broad and deep skill set includes negotiation, mediation, and drafting of prenuptial, postnuptial, cohabitation, and modification agreements, as well as trials, post-judgment enforcement proceedings, and appeals involving comp  
Interactive Brokers Expands Tax Planning Suite with New Professional Tools
    GREENWICH, Conn.--(BUSINESS WIRE)-- #IBKR--Interactive Brokers (Nasdaq: IBKR) introduced enhancements to its professional tax planning toolkit with the launch of Tax Planner.  
DeVry University Expands DeVryPro’s AI Learning Courses
    LISLE, Ill.--(BUSINESS WIRE)-- #AI--DeVry University Expands DeVryPro’s AI Learning Courses  
Unum Group Declares Quarterly Dividend of $0.460 Per Share of Its Common Stock
    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Effective October 9, 2025, the Unum Group (NYSE: UNM) Board of Directors declared a quarterly dividend of $0.460 per share on its common stock to be paid November 14, 2025, to stockholders of record as of October 24, 2025. About Unum Group Unum Group (NYSE: UNM), a leading international provider of workplace benefits and services, has been helping workers and their families thrive for more than 175 years. Through its Unum and Colonial Life brands, the compan  
Crow Holdings Recapitalizes National Retail Portfolio of 194 Properties
    DALLAS--(BUSINESS WIRE)--Crow Holdings, a leading national real estate investment and development firm, announced today the recapitalization of a 194-property, 4.5 million square foot national retail portfolio (the “Portfolio”) across 30 states. Facilitated by Crow Holdings Capital (“CHC”), the firm’s investment management business, the transaction brings in a new investment partner to the platform, building on the joint-venture CHC had previously formed with a global institutional investor in  
Bankwell Financial Group, Inc. Announces Date of Third Quarter Earnings Conference Call
    NEW CANAAN, Conn.--(BUSINESS WIRE)--Bankwell Financial Group, Inc. (NASDAQ: BWFG), the holding company for Bankwell Bank, today announced that it will issue its earnings release for the quarter ended September 30, 2025, on Thursday, October 23, 2025. Management will also host an audio webcast and conference call at 11:00 a.m. Eastern Time, on Thursday, October 23, 2025, to review the Company's financial performance and operating results. The audio webcast link, along with the corresponding pres  
Grayscale Selects Figment as a Staking Provider for U.S. ETH ETPs and SOL Trust
    NEW YORK--(BUSINESS WIRE)--Figment, the leading independent institutional staking provider, has been selected as a staking partner for Grayscale Investments® in the first U.S. launch of staking in Ethereum (ETH) ETPs and a Solana (SOL) Trust. Grayscale’s staking launch in ETPs marks a significant milestone for staking adoption in the U.S. Figment is proud to partner with Grayscale, bringing security, compliance, and performance expertise to support the continued growth of staking at an institut  
Stratus Financial Fund Reaches $20 Million Milestone, Delivering $2.7 Million in Returns to Investors
    NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- #AccreditedInvestor--Stratus Financial, a leading provider of aviation-training financing solutions, today announced that its investment fund has reached $20 million in assets and has distributed over $2.7 million in returns to investors since its inception in 2021. The milestone underscores Stratus Financial’s continued growth and success in providing financing for aspiring pilots while delivering attractive returns to investors. Launched in 2021, the Stratus Financial Fund  
Ameriprise Financial Celebrates 20th Anniversary as an Independent, Publicly Traded Company
    MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) debuted on the New York Stock Exchange in October of 2005 as the sixth largest spin-off in U.S. history—emerging as a new company and new brand with the distinction of being among the few firms in the U.S. with more than a century of corporate history. Over the last 20 years, the senior leadership team led by Jim Cracchiolo, chairman and chief executive officer, established Ameriprise Financial as a leading diversified financi  
Andersen Consulting Enhances Leadership Development Expertise with Addition of Insight Experience
    SAN FRANCISCO--(BUSINESS WIRE)-- #AndersenConsulting--Andersen Consulting continues to build out its platform through a Collaboration Agreement with Insight Experience, a leadership development firm.  
Phenom Named CODiE Awards Finalist for Best Human Capital or Talent Management Solution
    PHILADELPHIA--(BUSINESS WIRE)-- #HRTech--Phenom Named CODiE Awards Finalist for Best Human Capital or Talent Management Solution  
Wealthtech Trailblazer Orion Unveils Modern Visual Identity to Match Its Strong Market Momentum
    OMAHA, Neb.--(BUSINESS WIRE)--Orion announced today a refreshed visual identity that reflects the company’s innovation, momentum, and commitment to advisor success. The updated branding comes on the heels of a landmark year for Orion, as the firm surpassed $5 trillion in platform assets and the advisors and firms using its wealthtech solutions grew faster, both organically1 and through M&A2, than their industry peers. In tandem with the new look, Orion introduced a unified investment framew  
Energy Vault Closes $300 Million Preferred Equity Investment with Orion Infrastructure Capital (OIC), Officially Launching "Asset Vault" Platform in Move to Energy Asset Management and Long-Term Asset Development
    WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)---- $NRGV--Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault" or the "Company"), a global leader in grid-scale energy storage solutions, today announced the successful closing of its $300 million preferred equity investment with leading North American infrastructure investment firm OIC L.P. ("OIC"), officially launching "Asset Vault," the Company's fully consolidated subsidiary dedicated to developing, building, owning and operating energy storage assets gl  
Balance Wins Tearsheet’s Most Innovative Payments Award 2025
    NEW YORK--(BUSINESS WIRE)--Balance, a leading financial infrastructure platform, announced today that it has been named the winner of Tearsheet’s 2025 Most Innovative Payments Award. This accolade is one of the annual Power of Payments Awards presented by financial media platform Tearsheet, which recognize the firms and products shaping the future of digital finance and fintech. Balance’s win reflects the company’s pioneering use of AI in credit underwriting and fully autonomous Accounts Receiv  
Media Advisory: Goldman Sachs 10,000 Small Businesses Summit, October 29-30
    WASHINGTON--(BUSINESS WIRE)--Media credentialing is now open for the Goldman Sachs 10,000 Small Businesses Summit. To RSVP, please fill out this online form: https://forms.gle/UuXRdz3HBSMkPxSz9. Goldman Sachs will convene more than 2,000 small business owners from across the country at the 2025 10,000 Small Businesses Summit–the largest gathering of small business owners in the U.S.–from October 29–30, 2025, in Washington, D.C. These small business owners will hear from inspiring speakers, part  
          
