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State Street Global Advisors Research Examines Investors’ Risk Awareness Amid Market Volatility
BOSTON--(BUSINESS WIRE)--State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today released its ETFs in Focus Study: Risk Management Attitudes & Behaviors and its ETF Impact Report 2025-2026. The study is part of State Street Global Advisors ETF Impact series, which was created to explore the evolving role of ETFs in portfolio construction, risk perceptions, and investor behavior. Conducted annually since 2022, this applied research provides
Lazard Asset Management Completes Conversion of Mutual Fund to Launch International Dynamic Equity ETF
NEW YORK--(BUSINESS WIRE)--Lazard today announced that it has completed the conversion of the Lazard International Equity Advantage mutual fund into the exchange-traded fund (ETF), Lazard International Dynamic Equity ETF (NYSE: IEQ), listed on the New York Stock Exchange. IEQ offers investors a way to invest in international equities through a more tax-efficient, lower fee solution. “We are seeing the pendulum start to swing toward international equities, which are becoming increasingly attract
SAS Executive and Global Head of MRM Solutions David Asermely Joins ValidMind as Vice President of Global Business Development and Growth Strategy
CARY, N.C. & PALO ALTO, Calif.--(BUSINESS WIRE)--ValidMind, a leading platform for model risk management and AI governance, is pleased to announce the appointment of David Asermely as Vice President, Global Business Development and Growth Strategy. Asermely brings more than two decades of experience in analytics, model risk, and financial services, most recently serving in leadership roles at SAS where he helped shape the firm’s Model Risk and AI Governance Solutions for global financial instit
MarketAxess Acquires Majority Control of RFQ-hub Holdings LLC
NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced the completion of its acquisition of a majority stake in the RFQ-hub platform, a bilateral multi-asset and multi-dealer request for quote (RFQ) platform with a focus on equity and fixed-income listed and OTC derivatives, structured products and exchange-traded funds (ETFs). Following the closing, MarketAxess holds approximately a
Beyond, Inc. Expands Strategic Investment in Kirkland’s Home
MURRAY, Utah--(BUSINESS WIRE)--Beyond, Inc. (NYSE:BYON) (the “Company”), owner of Bed Bath & Beyond, Overstock, buybuy BABY, and a blockchain asset portfolio, announced the closing of a $5.2 million expansion of the existing credit facility with Kirkland’s, Inc. (Nasdaq: KIRK). The upsized facility is intended to strengthen Kirkland’s financial position, provide flexibility for general working capital purposes and support an updated store conversion strategy. Additionally, the companies hav
Joseph Leone Joins Ducera Partners as a Managing Director in the Firm’s Capital Markets Group
NEW YORK--(BUSINESS WIRE)--Ducera Partners LLC (“Ducera”), a leading investment bank, today announced that Joseph Leone has joined the firm as a Managing Director. He will be based in the firm’s New York office and will focus on advising clients on their private capital financing efforts across an array of industry verticals. Mr. Leone brings more than 15 years of investment banking experience to Ducera and has significant expertise originating complex, bespoke financing structures ranging from
Cantilever Group Appoints Private Equity Veteran Randy Ralph to Advisory Board
NEW YORK--(BUSINESS WIRE)--Cantilever Group, an independent investment firm specializing in middle-market GP stakes, today announced the appointment of Randy Ralph to its Advisory Board, significantly enhancing the firm's strategic capabilities. Mr. Ralph joins Cantilever Group with over three decades of exceptional leadership in financial services. He currently serves on the board of Xylem/Kendall, a portfolio company of Sterling Investment Partners, and in advisory roles to both Audax Strateg
Lincoln Financial Announces Cash Tender Offer For Certain Outstanding Securities
RADNOR, Pa.--(BUSINESS WIRE)--Lincoln Financial (NYSE: LNC) (the “Company”) today announced the commencement of a cash tender offer (the “Offer”) for the following: (i) 4.375% Senior Notes due 2050 (the “2050 Notes”), (ii) 4.350% Senior Notes due 2048 (the “2048 Notes”), (iii) Capital Securities due 2067 (the “2067 Securities”), (iv) Capital Securities due 2066 (the “2066 Securities”), (v) Subordinated Notes due 2067 (the “2067 Subordinated Notes”), (vi) Subordinated Notes due 2066 (collectivel
Rothschild & Co Appoints Matthew J. Greenberger as Managing Director and Head of Real Estate, North America
NEW YORK--(BUSINESS WIRE)--Rothschild & Co is pleased to announce that Matthew J. Greenberger will join the firm as Managing Director and Head of Real Estate, North America, based in New York. In this role, Mr. Greenberger will be responsible for leading Rothschild & Co’s real estate advisory activities across the region, strengthening the firm’s capabilities in an expanding sector. Mr. Greenberger brings over 25 years of investment banking experience, most recently at Citigroup for 21
Apiture and Cornerstone Advisors Join Forces to Help Financial Institutions Evaluate Their Strategic Use of Data
WILMINGTON, N.C.--(BUSINESS WIRE)-- #CornerstoneAdvisors--Apiture unveiled new research in partnership with Cornerstone Advisors about financial institutions’ ability to manage data effectively.
Rainbow Expands Beauty & Wellness Insurance to Texas and Illinois
SAN FRANCISCO--(BUSINESS WIRE)-- #insurtech--Rainbow, a digitally-enabled managing general underwriter best known for insuring restaurants, today announced the expansion of its Beauty & Wellness insurance program into Texas and Illinois. These new state launches follow successful rollouts in Arizona and Michigan earlier in 2025, and mark a significant step forward in Rainbow’s mission to serve niche industries. Texas and Illinois are among the nation’s top five states for salon and fitness studio densit
Paul Roberts Joins Alliant Insurance Services’ Employee Benefits Team in Boston
IRVINE, Calif.--(BUSINESS WIRE)-- #AlliantInsurance--Paul Roberts has joined Alliant Insurance Services as Senior Vice President within its Employee Benefits Group. Based in Boston, the veteran consultant will deploy his breadth of expertise in employee benefits, risk management, and retirement consulting to service a diverse national client base. “Paul understands the intersection of health, wealth, and risk, and brings deep insight to every engagement. His ability to bring people together, solve complex problems
Premier Liquidity Performance Event KyribaLive Showcases Treasury Leaders
SAN DIEGO--(BUSINESS WIRE)-- #AI--Kyriba kicks off its Partner Summit, the annual customer conference bringing together treasury and finance experts from around the world.
FHLBank Chicago Announces $52 Million Available through 2025 Affordable Housing Program
CHICAGO--(BUSINESS WIRE)--The Federal Home Loan Bank of Chicago (FHLBank Chicago) has opened the application period for its 2025 Affordable Housing Program (AHP) General Fund. With $52 million available and up to $2 million per project, the program continues to advance the development and preservation of affordable housing throughout Illinois and Wisconsin. AHP grants subsidize the acquisition, new construction, or rehabilitation of rental or owner-occupied housing. Delivered in partnership wit
GLMX Reports First Quarter 2025 Activity
NEW YORK--(BUSINESS WIRE)--GLMX, a leading global provider of transformative technology solutions for securities financing, money markets, and total return swaps, reported its first quarter platform activity along with significant developments in the company’s overall growth. Platform Activity: Average Daily Volume (ADV) of $1.26 trillion, up 80% year-on-year. Average Daily Balance (ADB) of $3.26 trillion, up 51% year-on-year. 1Q 2025 Highlights: GLMX supported record daily volume over $1.5 tri
MirrorWeb Unveils Sentinel - Intelligent Communications Supervision Solution that Cuts False Positives by 90%
AUSTIN, Texas--(BUSINESS WIRE)--MirrorWeb has launched Sentinel, an intelligent compliance solution that cuts false positive alerts by up to 90%.
The Homes Americans Are Buying Are Older Than Ever
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The typical home bought in the U.S. hit a record age of 36 years in 2024, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s nine years older than the median age of homes purchased in 2012, highlighting how a lack of new construction over the past 15 years has fast-tracked the aging of America’s housing stock. This is according to a Redfin analysis of MLS data on the age of homes bought between 2012
Alliance Catholic Credit Union Goes Live with Scienaptic’s AI-Powered Credit Underwriting Platform
NEW YORK--(BUSINESS WIRE)--Leading global AI-powered credit underwriting platform provider Scienaptic AI, announced today that Michigan-based Alliance Catholic Credit Union has implemented its AI-based underwriting platform and is now live. This deployment is significantly streamlining the credit union’s underwriting process, leading to an increase in approval rates and a notable enhancement in the member experience. Importantly, all these advancements have been achieved while ensuring fairness
Chinese Competition and EV Delays Automakers Top Concerns in 2025 Kerrigan OEM Survey
INCLINE VILLAGE, Nev.--(BUSINESS WIRE)-- #autoindustry--Kerrigan Advisors today released the results of its third annual OEM survey, sharing insights into the thinking of automotive manufacturers. Conducted prior to the Trump Administration’s April 2nd tariff announcement, the 2025 Kerrigan OEM Survey reveals growing concern among automaker executives about China’s rapid expansion in the global automotive sector – especially in electric vehicles (EVs) – and a slower-than-expected US EV rollout. Additionally, p
Sole Source Capital Portfolio Company Peak Technologies Acquires Automation Intelligence
DALLAS--(BUSINESS WIRE)--Sole Source Capital LLC, an industrial-focused private equity firm, today announced that its portfolio company, Peak Technologies, a leading system integrator in the Automatic Identification and Data Capture (“AIDC”) market, has acquired Automation Intelligence, LLC. The acquisition marks Sole Source Capital’s 18th add-on acquisition for Peak Technologies since Sole Source acquired the company in 2021. Automation Intelligence enhances Peak Technologies’ portfolio with a