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OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” (Superior) of Sun Life Assurance Company of Canada (Sun Life) (Ontario, Canada) and Sun Life and Health Insurance Company (U.S.) (Lansing, MI). These companies are the core insurance subsidiaries of Sun Life Financial Inc. (SLF) (Ontario, Canada) [NYSE: SLF] (collectively referred to as Sun Life Group). Concurrently, AM Best ha

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases its Business Development Company Ratings Compendium, which looks at results for the quarter and year ended December 31, 2024. This quarter, KBRA observed that business development companies (BDC) maintained a strategic focus on liability management amid a challenging market landscape marked by tighter spreads, heightened competition, and an oversupply of capital relative to deal flow. Despite modest increases in non-accruals and several restructurings an

CHICAGO--(BUSINESS WIRE)--Grant Thornton, one of America and Ireland’s largest brands of professionals providing end-to-end audit, assurance, tax and advisory services, today announced that Martin Shanahan will serve as the head of Industry. In this role, he will oversee all operations, strategy and growth initiatives for Grant Thornton Advisor LLC’s multinational industry practice. Shanahan served as a partner and head of Industry for Grant Thornton in Ireland since 2023. With more than 25 yea

HOUSTON--(BUSINESS WIRE)--In a 2022 study of 320 controllers using the Jobs To Be Done framework, Excel was voted the #1 software over niche Record-to-Report (R2R) vendors. The study found that 80% of close and consolidation work still happens in Excel. Accountants spend less than 20% of their time in ERPs or specialist R2R software. Traditional close software can’t replace Excel - Companies rely on over 2,000 Excel sheets for close, reconciliation, and consolidation tasks. Each sheet reflects

HOUSTON--(BUSINESS WIRE)--Sheppard, Mullin, Richter & Hampton LLP is pleased to announce that Healthcare partner Tammy Woffenden has joined the firm in Houston. Woffenden was most recently a partner at Troutman Pepper Locke and served as co-chair of Locke Lord’s Health Care practice group prior to its merger with Troutman Pepper. Woffenden’s move to Sheppard Mullin comes on the heels of partner Todd Rosenberg, who joined the Healthcare industry team in Washington, D.C. last week. Sheppard M

NEW YORK--(BUSINESS WIRE)--Societe Generale announced the official opening of its new office on Sand Hill Road in Menlo Park, California. The office will serve as Societe Generale’s West Coast hub for corporate finance and investment banking activities and will primarily focus on supporting clients in the Technology Media Telecommunications sector. TMT is a key global sectorial pillar for Societe Generale. Krzysztof Walenczak, Societe Generale Americas Head of Investment Banking, said, “The ope

BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. Announces First Quarter 2025 Earnings Release Date, Conference Call and Webcast

NEW YORK--(BUSINESS WIRE)--DoubleVerify ("DV") (NYSE: DV), a leading software platform for digital media measurement, data, and analytics, will host Innovation Day 2025 on Wednesday, June 11, 2025, at the New York Stock Exchange in New York City. The event will begin at 1:00 p.m. ET and conclude by 4:00 p.m. ET. At Innovation Day, DoubleVerify's executive team, alongside industry leaders, will explore key trends shaping the digital advertising landscape and demonstrate how DV's integrated solut

MIAMI--(BUSINESS WIRE)--OnMed, the premier tech-enabled hybrid care company, is proud to announce the launch of its state-of-the-art OnMed CareStation at the Overtown Youth Center (OYC) in Miami. This milestone marks a significant step toward bringing high-quality, on-demand medical care to the community, reinforcing the message that top-tier healthcare belongs everywhere—not just in affluent areas. The official ribbon-cutting ceremony will take place on Thursday, April 10, 2025, at 10:00 AM ET

NEW YORK and TORONTO--(BUSINESS WIRE)--CC Capital, a private investment firm focused on investing in and operating high-quality businesses for the long term, and The Westaim Corporation (“Westaim”) (TSXV: WED) today announced the completion of their previously announced transaction that transforms Westaim into an integrated insurance and asset management platform. The transaction, which is fueled by a US$250 million investment in Westaim by CC Capital, brings together Westaim, Arena Investors,

OMAHA, Neb.--(BUSINESS WIRE)-- #MerchantAcquiring--TSG (The Strawhecker Group), a globally recognized analytics, intelligence, and solutions-focused firm in the payments industry, worked with payments companies to compile the industry’s most comprehensive resource on merchant acquirers. Collectively, the companies highlighted process over 95% of all card payment volume in the U.S. Looking at the top-ranked companies, JPMorgan Chase & Co. ranks first again this year for estimated U.S. total processing volume at

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--U.S. life/annuity (L/A) insurers allocated a higher share of new investment purchases toward bonds over mortgages and alternative assets through the first three quarters of 2024, when compared with the prior two years, according to a new AM Best report. The Best’s Special Report, “NAIC-2 Bond Purchases Climb in 2024; Mortgages and Alternatives Muted,” notes that reinvestment of cash flows by L/A insurers into higher yielding bonds and mortgages drove net investme

SPARTA, N.J.--(BUSINESS WIRE)--In response to rapid enterprise adoption of the tele, its groundbreaking agentic user interface, Mobeus today announced the elevation of Susan Lucas Collins to President. A former executive at Salesforce and Twilio, Collins brings decades of experience in scaling innovation across regulated industries and has quietly served in a senior leadership role at Mobeus over the past six months. This move reflects the company’s accelerated growth, as teles move from innova

FARGO, N.D.--(BUSINESS WIRE)-- #ruralhealth--OHT Workforce Solutions will serve as the dedicated staffing provider for Cibolo Health and its clinically integrated networks of rural hospitals.

NEW YORK--(BUSINESS WIRE)--Seward & Kissel LLP, a leading financial services-focused law firm, announced the publication of its first-ever Closed-End Fund Study, highlighting key terms and trends among private equity, private credit and growth equity managers. The Study’s release coincides with the firm’s 75th anniversary of forming its first private fund, highlighting the evolution of the firm and the exceptional growth of the firm’s closed-end practice, especially over the last decade. “T

BOSTON--(BUSINESS WIRE)--eClinical Solutions LLC, a global provider of digital clinical software and services, today unveiled insights from its 2025 Industry Outlook, an annual survey of clinical data experts from large, mid-sized, and small biopharmaceutical companies, contract research organizations (CROs), and biotechnology companies. In its third year, the research looked to uncover how organizations are preparing for the future of clinical data and the role technology, specifically artific

NEW YORK--(BUSINESS WIRE)--HALLMARK TO RELEASE ROBUST SLATE OF ORIGINAL MOVIES, INTRODUCING NEW GENRES, EXPANSIVE HOLIDAY CONTENT, & FAN EXPERIENCES FOR '25-'26 UPFRONTS

BOULDER, Colo.--(BUSINESS WIRE)-- #CleanTech--SEP publishes the US Cleantech Innovation Hubs Survey which ranks 100 top cleantech hubs, assessing their strengths, weaknesses, and potential impact.

SAN JOSE, Calif.--(BUSINESS WIRE)--Linqto, a leading financial technology platform providing accredited investors access to late-stage, privately held companies, today provided an update on ongoing regulatory investigations and business operations. On March 14, 2025, Linqto issued a press release announcing the following: A new senior leadership team had been appointed to run the Company and this team had been conducting an internal investigation into the Company’s operations and regulatory com

SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements re: SoundHound business and prospects, resulting in its stock trading at inflated prices.