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Marsh McLennan’s Mercer Completes Acquisition of SECOR Asset Management

Lastest from Businesswire - Fri, 05/02/2025 - 11:26
NEW YORK--(BUSINESS WIRE)--Mercer, a business of Marsh McLennan (NYSE: MMC) and a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people, today announced the completion of its previously announced acquisition of SECOR Asset Management. Terms of the transaction were not disclosed. SECOR serves the complex needs of institutional investors, with a range of end-to-end portfolio solutions, including i

The Standard Names Mike Nanz Regional Vice President in Retirement Plans

Lastest from Businesswire - Fri, 05/02/2025 - 11:26
PORTLAND, Ore.--(BUSINESS WIRE)--The Standard welcomes Mike Nanz as a regional vice president in Retirement Plans. In this role, he will collaborate with advisors, plan sponsors and third party administrators within an assigned territory in Pennsylvania. Nanz has more than 20 years of experience in the retirement industry and sales leadership, with previous roles as senior retirement sales executive at T. Rowe Price and regional sales director at Empower. He earned a bachelor’s degree in financ

Allvue Accelerates Investment in Data and AI, Bolstering Executive Team with Strategic Hires

Lastest from Businesswire - Fri, 05/02/2025 - 11:26
NEW YORK--(BUSINESS WIRE)--Allvue Systems, LLC, a leading provider of technology solutions for the alternative investment industry, today announced a significant investment in its data and artificial intelligence capabilities. Underscoring Allvue’s relentless drive to innovate, the company dramatically expanded its R&D budget over the past year, funneling a 70% year-over-year increase in R&D funding into AI, data, and analytics-driven initiatives for the alternatives market. To spearhea

Forge Regains Compliance with NYSE Continued Listing Standard

Lastest from Businesswire - Fri, 05/02/2025 - 11:26
NEW YORK & SAN FRANCISCO--(BUSINESS WIRE)--Forge Global Holdings, Inc. (“Forge”) (NYSE: FRGE), a leading provider of marketplace infrastructure, data services, and technology and investment solutions for the private market, today announced that it has regained compliance with the New York Stock Exchange ("NYSE") continued listing criteria for minimum share price under Section 802.01C of the NYSE Listed Company Manual. On May 1, 2025, the NYSE provided Forge with a notification letter of complia

Franklin Resources, Inc. Announces Second Quarter Results

Lastest from Businesswire - Fri, 05/02/2025 - 11:26
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Resources, Inc. (the “Company”) [NYSE: BEN] today announced net income1 of $151.4 million or $0.26 per diluted share for the quarter ended March 31, 2025, as compared to $163.6 million or $0.29 per diluted share for the previous quarter, and $124.2 million or $0.23 per diluted share for the quarter ended March 31, 2024. Operating income was $145.6 million for the quarter ended March 31, 2025, as compared to $219.0 million for the previous quarter and

Intellicheck To Announce First Quarter 2025 Financial Results on May 13, 2025

Lastest from Businesswire - Fri, 05/02/2025 - 08:26
MELVILLE, N.Y.--(BUSINESS WIRE)---- $IDN #InvestorRelations--Intellicheck, Inc. (Nasdaq: IDN), an industry-leading identity company delivering proprietary on-demand digital and physical identification validation solutions, will report financial results for the first quarter ended March 31, 2025 on May 13, 2025 after the close of the U.S. stock markets. The Company will hold an earnings conference call on May 13 at 4:30 p.m. ET/1:30 p.m. PT to discuss operating results. To listen to the earnings conference call, please dia

Bankrate Launches Bankrate Data Center, Providing Unprecedented Access to Decades of Financial Insights and Consumer Trend Research

Lastest from Businesswire - Fri, 05/02/2025 - 08:26
NEW YORK--(BUSINESS WIRE)--Bankrate, a trusted name in financial guidance since 1976, today announced the launch of the Bankrate Data Center. This comprehensive online platform offers a curated collection of interactive and embeddable data sets illustrating decades of proprietary financial trends. The Bankrate Data Center is a central resource for journalists, researchers and academics featuring detailed charts and data on a wide range of financial topics. Key data includes weekly national hist

AlTi Tiedemann Global Closes Previously Announced Kontora Acquisition

Lastest from Businesswire - Fri, 05/02/2025 - 08:26
NEW YORK--(BUSINESS WIRE)--AlTi Global, Inc. (NASDAQ: ALTI), (“AlTi” or the “Company”), a leading independent global wealth manager with over $76 billion in combined assets, today announced that it completed the previously disclosed acquisition of Kontora on April 30, 2025. Kontora is a multi-family office and asset management company headquartered in Hamburg, Germany focused on UHNW families, entrepreneurs and select institutions, with assets under advisement and management of approximately Є1

Regan Capital Launches the Regan Fixed Rate MBS ETF (NYSE: MBSX)

Lastest from Businesswire - Fri, 05/02/2025 - 08:26
DALLAS--(BUSINESS WIRE)--Regan Capital, an investment firm with approximately $2.6 billion in assets under management, today announced the launch of the Regan Fixed Rate MBS ETF (NYSE: MBSX), an actively managed exchange-traded fund that invests primarily in fixed rate Agency Residential Mortgage-Backed Securities (RMBS). Agency RMBS typically offer higher yields than Treasury bonds without significant additional risk, since Agency RMBS are backed by government sponsored entities, such as Fanni

WNS to Participate at Q2’25 Investor Conferences

Lastest from Businesswire - Fri, 05/02/2025 - 08:26
NEW YORK & LONDON & MUMBAI, India--(BUSINESS WIRE)---- $WNS #AI--WNS (Holdings) Limited today announced that it will participate in Q2’25 Investor Conferences.

Permits to Build U.S. Apartments Drop Below Pre-Pandemic Levels

Lastest from Businesswire - Fri, 05/02/2025 - 08:26
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Developers obtained permits to build 12.4 multifamily housing units for every 10,000 people in the U.S. over the past year, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s down 27.1% from 17 units per 10,000 people during the pandemic building boom, and down 5.5% from 13.1 units in the years leading up to the pandemic. This is according to a Redfin analysis of U.S. Census Bureau data covering bui

Fifth Third Employees Fight Food Insecurity and Support Communities on Annual “Fifth Third Day”

Lastest from Businesswire - Fri, 05/02/2025 - 08:26
CINCINNATI--(BUSINESS WIRE)--Fifth Third employees will celebrate “Fifth Third Day” by tackling food insecurity within local communities across the Bank’s 11-state footprint.

Infobip and the MoneyGram Haas F1 Team Join Forces to Redefine F1 Fan Experiences

Lastest from Businesswire - Fri, 05/02/2025 - 08:26
MIAMI--(BUSINESS WIRE)--Global cloud communications platform Infobip has signed a multi-year partnership with the MoneyGram Haas F1 Team, helping the Team to create deeper connections with fans worldwide. Infobip’s technology will power a new era of digital engagement, delivering real-time, personalized experiences that bring fans closer to the action. With a shared commitment to engineering excellence and innovation, the partnership brings together two performance-driven teams focused on pushi

Piper Sandler Companies Reports First Quarter 2025 Results; Declares Quarterly Dividend of $0.65 Per Share

Lastest from Businesswire - Fri, 05/02/2025 - 08:26
MINNEAPOLIS--(BUSINESS WIRE)---- $PIPR--The complete earnings release can be found on the firm's website at pipersandler.com/earnings

WisdomTree Announces First Quarter 2025 Results

Lastest from Businesswire - Fri, 05/02/2025 - 08:26
NEW YORK--(BUSINESS WIRE)--WisdomTree, a global financial innovator, today reported financial results for the first quarter of 2025.

Assured Guaranty Ltd. Declares Quarterly Dividend of $0.34 per Common Share

Lastest from Businesswire - Fri, 05/02/2025 - 08:26
HAMILTON, Bermuda--(BUSINESS WIRE)--Assured Guaranty Ltd. (NYSE:AGO) today declared a quarterly dividend of $0.34 per common share. The dividend is payable on May 30, 2025 to shareholders of record at the close of business on May 16, 2025. Assured Guaranty Ltd. is a publicly traded (NYSE: AGO) Bermuda-based holding company. Through its subsidiaries, Assured Guaranty provides credit enhancement products to the U.S. and international public finance, infrastructure and structured finance markets.

Doppel Raises $35 Million Series B to Fuel Enterprise Momentum in Social Engineering Defense and Digital Risk Protection

Lastest from Businesswire - Fri, 05/02/2025 - 08:26
SAN FRANCISCO--(BUSINESS WIRE)--Doppel, the AI-powered social engineering defense platform, is announcing a Series B funding round after a year of rapid growth following its Series A, bringing the total amount raised to $54.4M. The Series B round of $35 million at $205 million valuation is led by Bessemer Venture Partners, along with additional first-time Doppel investors 9Yards Capital and Sozo Ventures, and repeat investors a16z, South Park Commons, Strategic Cyber Ventures, Script Capital, a

Trust & Will’s ‘Make It Count’ Campaign Wins Creative Awards

Lastest from Businesswire - Fri, 05/02/2025 - 08:26
MINNEAPOLIS--(BUSINESS WIRE)--Digital estate planning leader Trust & Will earns recognition for a campaign developed in partnership with TV agency Marketing Architects.

Avolon Raises US$1.0 Billion in New Unsecured Bank Facility With Middle East Financial Institutions

Lastest from Businesswire - Fri, 05/02/2025 - 02:26
DUBLIN--(BUSINESS WIRE)--Avolon Holdings Limited (‘Avolon’), a leading global aviation finance company, announces it has raised US$1.0 billion in a new unsecured dual tranche bank facility (the ‘Facility’) with a syndicate of six banks in the Middle East. The facility will contain a conventional and an Islamic tranche, with a four-year tenor. The transaction builds on the US$750 million credit facility Avolon raised in June 2024, which had significant Middle East bank participation, and establi

Cartesian Growth Corporation III Announces Pricing of Upsized $240 Million Initial Public Offering

Lastest from Businesswire - Fri, 05/02/2025 - 02:26
NEW YORK--(BUSINESS WIRE)--Cartesian Growth Corporation III (the “Company”) announced today the pricing of its initial public offering of 24,000,000 units, upsized from 20,000,000 units, at a price of $10.00 per unit. The units are expected to commence trading on May 2, 2025 on The Nasdaq Stock Market LLC (“Nasdaq”) under the symbol “CGCTU”. The Company’s sponsor is an affiliate of Cartesian Capital Group, LLC, a global private equity firm specializing in providing growth capital to transnation

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