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1st Colonial Bancorp, Inc. Announces Stock Repurchase Program
MOUNT LAUREL, N.J.--(BUSINESS WIRE)--1st Colonial Bancorp, Inc. Announces Share Repurchase Program
Generational Group Celebrates Its 20th Anniversary
DALLAS--(BUSINESS WIRE)--Generational Group, a leading investment banking firm for privately held businesses, is proud to announce its 20th anniversary. Founded in 2005 by Dr. John Binkley and his son Ryan Binkley—who now serves as CEO—Generational Group has grown from a boutique M&A advisory firm to one of the largest privately held investment banks in the U.S. A recognized industry leader, Generational now operates as a full-service M&A business advisory firm with a suite of offerings
Nymbus Appoints Ed Gross as Chief Product Officer to Lead Product and Innovation at Nymbus
JACKSONVILLE, Fla.--(BUSINESS WIRE)-- #finserv--Nymbus, Inc. Appoints Ed Gross as Chief Product Officer to Lead Product and Innovation at Nymbus
AM Best Affirms Credit Ratings of Hong Leong Insurance (Asia) Limited
HONG KONG--(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 Hong Leong Insurance (Asia) Limited (HLIA). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect HLIA’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management. HLIA’s very strong balance sheet st
AM Best Affirms Credit Ratings of Fubon Insurance Vietnam Co., Ltd.
SINGAPORE--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of B++ (Good), the Long-Term Issuer Credit Rating of “bbb+” (Good) and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional) of Fubon Insurance Vietnam Co., Ltd. (Fubon Vietnam) (Vietnam). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Fubon Vietnam’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profil
New Frontier Launches Next-Generation Dividend Income Indices with VettaFi and Franklin Templeton
BOSTON--(BUSINESS WIRE)--New Frontier Advisors, LLC, a global leader in portfolio optimization and an ETF investing pioneer, announces the launch of two next-generation dividend income indices: the VettaFi New Frontier US Dividend Select Index and the VettaFi New Frontier International Dividend Select Index. This groundbreaking initiative, developed in collaboration with VettaFi and Franklin Templeton, represents a significant advancement in dividend-focused investing. "Our collaboration with V
Wedgewood Names Dr. Rae Hutchins as Chief Veterinary Officer
SWEDESBORO, N.J.--(BUSINESS WIRE)-- #AnimalHealth--Wedgewood, the nation’s largest provider of compounded veterinary medications and pharmacy solutions, proudly announces Dr. Rae Hutchins, DVM, DACVIM (SAIM), as its inaugural Chief Veterinary Officer. This milestone appointment highlights Wedgewood’s commitment to strengthening its partnership with veterinarians and advancing the standard of care in veterinary medicine. “Dr. Hutchins is an exceptional leader whose expertise and dedication to veterinary care wi
AM Best Affirms Credit Ratings of Fubon Insurance Co., Ltd.
HONG KONG--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Fubon Insurance Co., Ltd. (Fubon Insurance) (Taiwan). The outlook of these Credit Ratings (ratings) is negative. The ratings reflect Fubon Insurance’s balance sheet strength, which AM Best assesses as adequate, as well as its adequate operating performance, favourable business profile and appropriate enterprise risk management. The ratings
AM Best Removes From Under Review With Negative Implications and Affirms Credit Ratings of Oxford Insurance Companies’ Members
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of the members of Oxford Insurance Companies (Oxford). The outlook assigned to these Credit Ratings (ratings) is stable. See below for a detailed listing of members and ratings. The ratings reflect Oxford’s balance sheet strength, which AM Best assesses as very
Valley Companies Celebrates 90 Years of Service and Family Legacy
HUDSON, Wis.--(BUSINESS WIRE)--Valley Companies, a North American logistics provider, is thrilled to announce its 90th anniversary—marking nearly a century of innovation, growth and an unwavering commitment to service and family. Founded in 1935 by Norman “Grandpa” Gilbert, with the motto “You call. We haul,” the company has grown from humble beginnings into a leading provider of customized logistics and supply chain solutions. “This milestone is a testament to the values instilled by Grandpa N
AM Best Downgrades Credit Ratings of Berking Re Limited; Places Credit Ratings Under Review With Negative Implications
HONG KONG--(BUSINESS WIRE)--AM Best has downgraded the Financial Strength Rating to B- (Fair) from B (Fair) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bb-” (Fair) from “bb+” (Fair) of Berking Re Limited (Berking Re) (Bermuda). Concurrently, AM Best has placed these Credit Ratings (ratings) under review with negative implications. The ratings reflect Berking Re’s balance sheet strength, which AM Best assesses as adequate, as well as its adequate operating performance, limited bus
Top Ranking First Trust RBA American Industrial Renaissance® ETF Reaches New Milestones in Growth and Performance over its 10+ Year History
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“First Trust”), a leading ETF provider and asset manager, announced that the First Trust RBA American Industrial Renaissance® ETF (NASDAQ: AIRR) has reached over $3 billion in net assets as of 1/6/2025 and continues to be a top performing fund. AIRR seeks investment results that correspond generally to the price and yield (before the fund’s fees and expenses) of an equity index called the Richard Bernstein Advisors American Industrial R
Oregon Bancorp Announces Fourth Quarter and Full-Year 2024 Financial Results
SALEM, Ore.--(BUSINESS WIRE)--Oregon Bancorp, Inc. (OTCBB: ORBN) (the “Company”), the parent company of Willamette Valley Bank, today reported financial results for the fourth quarter and full year ended December 31, 2024. Fourth-Quarter 2024 Results For the fourth quarter of 2024, the Company reported net income of $873,000, or $0.35 per share. This reflects a return on average assets of 0.7% and a return on average equity of 4.7%. In comparison, for the quarter ending September 30, 2024, the
AM Best Affirms Credit Ratings of Meiji Yasuda Life Insurance Company
HONG KONG--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” (Superior) of Meiji Yasuda Life Insurance Company (Meiji Yasuda) (Japan). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Meiji Yasuda’s balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, favourable business profile and appropriate enterprise risk management. Meiji Yasud
Blackstone Energy Transition Partners to Acquire Potomac Energy Center
LOUDOUN COUNTY, Va. & NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) announced today that Blackstone Energy Transition Partners (“Blackstone”) have agreed to acquire Potomac Energy Center (“Potomac”), a 774-megawatt natural gas power plant in Loudoun County, Virginia. The transaction represents Blackstone’s most recent investment in the power infrastructure supporting data centers and AI revolution – one of the firm’s highest-conviction areas. The Northern Virginia region currently represents
Modives and Connexion Mobility Partner to Bring Cutting-Edge Identity and Insurance Verification to Automotive Industry
CHARLOTTE, N.C.--(BUSINESS WIRE)-- #autoservice--Today Modives and Connexion Mobility announced an exciting new partnership to introduce identity and insurance verification into the automotive industry. Starting with courtesy transportation, Connexion Mobility’s thousands of dealership customers can now redefine their courtesy fleet risk management in a space exposed to tough-to-manage losses and increased regulation. According to Point Predictive, outdated verification processes enabled synthetic fraud to dr
EPIC Insurance Brokers & Consultants Grows Law Firm Group with Two Executive Hires
SAN FRANCISCO--(BUSINESS WIRE)--EPIC Insurance Brokers & Consultants (“EPIC”) continues its Law Firm Group expansion with the addition of Dan Knise and Eileen Garczynski, Esq. to the firm. Based in Washington D.C., Dan and Eileen will work with EPIC’s law firm clients to assess risk management and insurance needs. Dan joins EPIC as Principal following a 20-year term at Ames & Gough where he served in leadership roles including Executive Chair, Chief Executive Officer and President. Thro
Henry Crown and Company Announces New Board and Leadership
CHICAGO--(BUSINESS WIRE)--Henry Crown and Company (HCC), the family office for the Crown family, today announced a new governing board and leadership focused on ensuring the family business – and its various interests – perpetuates and succeeds for generations to come. This transition follows nearly a decade of deliberate, long-term planning undertaken by the Crown family, with the support of outside experts. The newly formed Business Board will oversee HCC business operations, including oversi
MVB Financial Corp. Names Glen W. Herrick as Director
FAIRMONT, W.Va.--(BUSINESS WIRE)-- #banking--The Board of Directors of MVB Financial Corp. has announced the appointment of Glen W. Herrick as a Member of the Board.
Eagle Point Institutional Income Fund Is Added to the Schwab Alternative Investment OneSource® Platform
GREENWICH, Conn.--(BUSINESS WIRE)--Eagle Point Credit Management LLC (“Eagle Point Credit”), a specialist credit asset manager with over $11 billion of assets under management,1 announced that Eagle Point Institutional Income Fund (the “Fund”) has been added to the Schwab Alternative Investment OneSource platform. The Schwab Alternative Investment OneSource platform provides investors with access to a diversified portfolio of non-listed alternative investments issued by well-known asset manager