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Jefferies and SMBC Expand and Strengthen Strategic Alliance, Broadening Joint Business Efforts Across EMEA

Lastest from Businesswire - Tue, 01/16/2024 - 05:54
NEW YORK & LONDON--(BUSINESS WIRE)--Jefferies Financial Group, Inc. (NYSE: JEF) (“Jefferies”) and Sumitomo Mitsui Financial Group, Inc. (NYSE: SMFG) (“SMFG”), Sumitomo Mitsui Banking Corporation (“SMBC”), and other group companies (collectively, “SMBC Group”) announced today that they have signed a memorandum of understanding to further expand their global strategic alliance to now include enhanced collaboration across Europe, the Middle East and Africa (“EMEA”) on future corporate and investme

Regula Survey Reveals 80% of Decision Makers Link Digital Nomad Movement to Increased Identity Fraud

Lastest from Businesswire - Tue, 01/16/2024 - 02:54
RESTON, Va.--(BUSINESS WIRE)-- #identity--According to the survey’s results, the number of foreign document verification cases in all parts of the world has grown by an average of 21% since the summer of 2021. It’s even higher in the US and UAE: these countries are experiencing a 25% increase. As for industries, Insurance appears to be dealing with the majority of foreign IDs (+27% compared to summer 2021), followed by Financial and Banking Services (+25%). The rise in foreign clients has led to a spike in

General Atlantic adds sustainable infrastructure strategy, as Actis joins platform to create a $96 billion AUM diversified global investor

Lastest from Businesswire - Tue, 01/16/2024 - 02:54
NEW YORK & LONDON--(BUSINESS WIRE)--General Atlantic, a leading global growth investor, and Actis, a leading global investor in sustainable infrastructure, today announce that the firms have entered into a definitive agreement under which General Atlantic will acquire Actis, creating a diversified, global investment platform with approximately $96 billion in combined assets under management (“AUM”). Financial terms for the transaction are not being disclosed. With approximately $12.5 billion in

EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of Cummins Inc. Investors – CMI

Lastest from Businesswire - Mon, 01/15/2024 - 20:54
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Cummins Inc. (NYSE: CMI) between April 30, 2019 and December 21, 2023, both dates inclusive (the “Class Period”). The lawsuit seeks to recover damages for Cummins investors under the federal securities laws. To join the Cummins class action, go to https://rosenlegal.com/submit-form/?case_id=21566 or call Phillip Kim, Esq. toll-f

L2 Capital Makes Strategic Investment in the Market Leading Franchise Consulting and Digital Marketing Platform

Lastest from Businesswire - Mon, 01/15/2024 - 17:54
DEVON, Pa.--(BUSINESS WIRE)--L2 Capital announced that it has made a strategic investment in The iFranchise Group and TopFire Media (“iFranchise” and “TopFire”, respectively or the “Company”, collectively) (https://www.ifranchisegroup.com/) (https://topfiremedia.com/). iFranchise is the market leader in franchise consulting and has been ranked as the #1 franchise consulting and development service provider in Entrepreneur magazine’s annual Top Franchise Suppliers rankings for the past five year

Butterfield Announces Senior Management Appointments

Lastest from Businesswire - Mon, 01/15/2024 - 17:54
HAMILTON, Bermuda--(BUSINESS WIRE)--The Bank of N.T. Butterfield & Son Limited ("Butterfield" or the "Bank") (BSX: NTB.BH; NYSE: NTB) today announced the promotion of Michael Neff to Group Chief Operating Officer. Jody Feldman has been promoted to Managing Director of Bermuda and joins the Executive Committee. Kevin Dallas, already the Group Head of Marketing & Communications, will take on additional responsibility as Butterfield’s Group Chief Experience Officer. Mr. Neff, who has serve

NBA Champion & Entrepreneur Giannis Antetokounmpo Launches Improbable Media

Lastest from Businesswire - Mon, 01/15/2024 - 14:54
MILWAUKEE & NEW YORK--(BUSINESS WIRE)--Giannis Antetokounmpo Launches Improbable Media, a next generation production and brand consulting company.

AM Best to Participate in a Pair of Sessions at Independent Insurance Agents of Texas Conference

Lastest from Businesswire - Mon, 01/15/2024 - 14:54
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best will participate in two sessions at the Independent Insurance Agents of Texas (IIAT) Joe Vincent Management Seminar, which will take place Jan. 28-30, 2024, in Austin, TX. Speaking at the seminar will be Richard Attanasio, senior director, AM Best. He first will join a panel discussion, titled, “Cracking the Code: Navigating the Trends and Complexities of the Hard Market,” scheduled for Monday, Jan. 29, 2024, at 10:30 a.m.-noon (CST). The session will exp

AM Best to Co-Sponsor and Participate at 2024 Emerging Leaders Conference

Lastest from Businesswire - Mon, 01/15/2024 - 14:54
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best will co-sponsor, participate and be recognized at the 6th Annual Emerging Leaders Conference, which acknowledges high-performing individuals and provides professional training to develop the next generation of insurance industry leaders. The event, which will take place February 4-6, 2024, in San Antonio, TX, is hosted jointly with the American Property Casualty Insurance Association (APCIA) and the Insurance Careers Movement. AM Best Director Daniel Jime

Mouser Electronics Opens New Customer Service Center in Australia to Support Electronic Design Engineers and Buyers

Lastest from Businesswire - Mon, 01/15/2024 - 11:54
DALLAS & FORT WORTH, Texas--(BUSINESS WIRE)--Mouser Electronics, Inc., the authorized global distributor with the newest electronic components and industrial automation products, is pleased to announce the opening of a new Customer Service Center in Melbourne to support its growing number of customers across Australia and New Zealand. "This is an exciting time for our business as we expand into Australia to better serve our customers in this part of the world," said Mark Burr-Lonnon, Mouser's S

WorkJam’s Super App Available on Google Cloud Marketplace

Lastest from Businesswire - Mon, 01/15/2024 - 11:54
MONTREAL--(BUSINESS WIRE)--WorkJam announced today at NRF: Retail’s Big Show that it is now available on Google Cloud Marketplace.

BNTX INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that BioNTech SE Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

Lastest from Businesswire - Mon, 01/15/2024 - 11:54
NEW YORK--(BUSINESS WIRE)---- $BNTX #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against BioNTech SE (“BioNTech” or “the Company”) (NASDAQ: BNTX) and certain of its officers. Class Definition: This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired BioNTech securit

Amini LLC Recovers Full Satisfaction of $52 Million Judgment Against Lynn Tilton

Lastest from Businesswire - Mon, 01/15/2024 - 11:54
NEW YORK--(BUSINESS WIRE)--In a landmark legal victory, Amini LLC announces the successful recovery of a full payment totaling $52 million, following its decisive judgment against Lynn Tilton on behalf of Trustee Salvatore LaMonica. The case was navigated by the team at Amini LLC, led by Bijan Amini, Avery Samet, and Jeffrey Chubak, in close collaboration with the Trustee’s firm, Lamonica Herbst and Maniscalco, and the legal counsel of Carter Phillips and his team at Sidley Austin. In June 2017

Phalanx Impact Partners Announces Strategic Investment in Dallas-Based FinTech Company CollateralEdge

Lastest from Businesswire - Mon, 01/15/2024 - 11:54
NEW YORK--(BUSINESS WIRE)--Phalanx Impact Partners (“Phalanx”), an innovative new investment firm dedicated to positive environmental and community change, proudly announces its investment in CollateralEdge, a revolutionary FinTech solution that enables community and regional banks to structure more competitive commercial loans for underserved communities and close more deals without compromising credit quality. This investment communicates Phalanx’s thesis that expanded access to middle market

Largest U.S. Pool Supply Retailer Creates Empowering Workplace Experiences with UKG

Lastest from Businesswire - Mon, 01/15/2024 - 11:54
LOWELL, Mass. & WESTON, Fla.--(BUSINESS WIRE)-- #HCM--UKG today announced that Leslie’s, Inc. is creating a great place to work by providing frontline employees with empowering experiences with UKG.

UKG Helps Two-Thirds of NRF Top 100 Retailers Create Great Workplaces

Lastest from Businesswire - Mon, 01/15/2024 - 11:54
LOWELL, Mass. & WESTON, Fla.--(BUSINESS WIRE)-- #HCM--The UKG HCM suite is built with the world’s largest collection of people, work, and culture data to transform the experience for the retail frontline.

Phoenix Capital Group Acquires Nearly 600,000 Net Mineral Acres From AgWest Farm Credit

Lastest from Businesswire - Mon, 01/15/2024 - 11:54
DENVER--(BUSINESS WIRE)--Phoenix Capital Group has acquired nearly 600,000 net mineral acres from AgWest Farm Credit. The assets acquired are spread across four states, with more than 50,000 net mineral acres in the oil-rich counties of Richland and Roosevelt on the Montana side of the Bakken formation. The transaction, which closed on January 5, 2024, represents one of the largest single acquisitions the company has ever made. The minerals acquired through this deal are currently producing app

United States International Remittance Market Sees Growth: Analysis Reveals Business and Investment Opportunities - Forecast to 2028 - ResearchAndMarkets.com

Lastest from Businesswire - Mon, 01/15/2024 - 11:54
DUBLIN--(BUSINESS WIRE)--The "United States International Remittance Market Business and Investment Opportunities - Analysis by Transaction Value & Volume, Inbound and Outbound Transfers to and from Key States, Consumer Demographics - Q2 2023" report has been added to ResearchAndMarkets.com's offering. An in-depth analysis of the United States international remittance market uncovers valuable insights into the transaction value, volume, and consumer demographics associated with both inbound

Retailers Optimistic About 2024 with Plans to Evolve Supply Chain and Invest in AI According to Carl Marks Advisors Survey of Middle Market Companies

Lastest from Businesswire - Mon, 01/15/2024 - 11:54
NEW YORK--(BUSINESS WIRE)--Executives and C-suite professionals at mid-market retail and consumer packaged goods (CPG) companies are nearly universally optimistic about 2024, with few anticipating a recession. According to a new survey sponsored by Carl Marks Advisors, a leading investment bank, almost 90% of survey respondents expect their sales to remain the same or increase in 2024. Having absorbed the shocks of the COVID-19 pandemic and subsequent inventory challenges, retail executives rem

Welcome to the Era of Open Money: Circle Launches 2024 State of the USDC Economy Report

Lastest from Businesswire - Mon, 01/15/2024 - 11:54
DAVOS, Switzerland & BOSTON--(BUSINESS WIRE)--Circle is proud to unveil its second annual State of the USDC Economy Report, entitled ‘Welcome to the Era of Open Money.’

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