Lastest from Businesswire

NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) today announced several senior leadership updates within its Real Estate business. BREIT and Core+ Leadership Katie Keenan has been appointed Chief Executive Officer and a Director of Blackstone Real Estate Income Trust, Inc. (“BREIT”) and Global Head of the Core+ Real Estate business. She succeeds Wesley M. LePatner, who served in both roles until her tragic passing on July 28, 2025. Ms. Keenan is a long-tenured Blackstone executive and has held

NEW YORK--(BUSINESS WIRE)--Octagon Credit Investors (“Octagon”), a leading credit-focused asset manager, today announced the expansion of its private credit platform with the appointment of Sean Sullivan as Managing Director and Head of Private Credit, and Michael Ahrens, who will join the firm on September 22nd as Principal. The formation of a dedicated team represents a significant step in the build-out of Octagon’s Private Credit business, which focuses on senior secured loans to upper middl

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (Nasdaq: FITB) today announced that it has submitted a redemption notice to the Depositary for redemption of (1) all of its outstanding 4.500% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series L (CUSIP 316773DC1) (the “Series L Preferred Stock”), and (2) all outstanding receipts evidencing depositary shares representing the Series L Preferred Stock (CUSIP No. 316773DB3) (the “Depositary Shares”). The Series L Preferred Stock will

AUSTIN, Texas--(BUSINESS WIRE)-- #btc--Empery Digital Inc. (NASDAQ: EMPD) (the “Company” or “Empery Digital”) today announced that it has increased its previously announced committed borrowing facility from $25 million to $35 million (the “Borrowing Facility”). Additionally, the Company entered into a $50 million borrowing pursuant to a Master Repurchase Agreement with a term of approximately one year (the “Repurchase Agreement”) that will be funded within five business days. The amount borrowed pursu

SAN FRANCISCO--(BUSINESS WIRE)--Forge Global Holdings, Inc. (“Forge”), a leading provider of marketplace infrastructure, data services, and technology and investment solutions for the private market, today announced the 2025 edition of the Private Magnificent 7 (“Private Mag 7”), reflecting the extraordinary surge in private market valuations and the rising dominance of artificial intelligence and frontier technologies that have pushed the private market to new heights. This year’s refreshed li

NEW YORK--(BUSINESS WIRE)--Hightower’s Treasury Partners, a wealth management team based in New York City, today announced that Founder and Chief Investment Officer Richard Saperstein has been named to the 2025 Barron’s Top 100 Independent Advisors list. Saperstein ranked #2 on the list, which recognizes the nation’s top independent wealth managers. He is also a Barron’s Hall of Fame advisor. Treasury Partners provides a wide range of financial services for clients, including wealth management,

PORTLAND, Maine--(BUSINESS WIRE)--ASA Gold and Precious Metals Limited (the “Company”) (NYSE: ASA) declared a distribution of $0.03 per common share of the Company. The distribution is payable on November 19, 2025 to shareholders of record as of the close of business on November 12, 2025. The Company has paid periodic distributions on an uninterrupted basis since 1959. The Company is a non-diversified, closed-end fund that seeks long-term capital appreciation primarily through investing in comp

CHICAGO--(BUSINESS WIRE)-- #ed--Validated Insights' newest report on trade school enrollments finds Gen Z is driving growth, with alternative providers benefitting the most.

NEW YORK--(BUSINESS WIRE)-- #mcb--Mark R. DeFazio, Founder, President & CEO of Metropolitan Commercial Bank (NYSE: MCB), was honored at the grand opening of the new Boro Park Jewish Community Council (BPJCC) Community Center in Boro Park, Brooklyn. The event marked a major milestone for the organization and celebrated the unveiling of a new facility that will significantly expand BPJCC’s ability to serve a broad cross-section of the local community. Metropolitan Commercial Bank played a pivotal ro

NEW YORK--(BUSINESS WIRE)--New research published today by Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan (NYSE: MMC), reveals that while there is widespread acknowledgment of climate risks, organizations are not conducting comprehensive cost-benefit analyses to justify further adaptation investments. This is resulting in significant gaps between the outcome of climate risk assessments and adaptation strategies. Marsh’s 2025 Climate Adaptation Surv

TURIN, Italy--(BUSINESS WIRE)--Cluster Reply, the Reply company specialised in digital platform solutions leveraging Microsoft technologies, has partnered with fintech company Riverty to accelerate the rollout of a pioneering customer service platform – delivered in record time of just 100 days. The initiative is part of Riverty’s broader strategy to become a leader in AI-powered financial services. The new solution empowers Riverty to deliver efficient, empathetic customer support across all c

EDISON, N.J. & BOSTON, Mass.--(BUSINESS WIRE)---- $LTTS #AI--L&T Technology Services today announced a multi-year membership agreement with the MIT Media Lab.

NEW YORK & TOKYO--(BUSINESS WIRE)--Jefferies Financial Group, Inc. (NYSE: JEF) (“Jefferies”) and Sumitomo Mitsui Financial Group, Inc. (NYSE: SMFG) (“SMFG”), Sumitomo Mitsui Banking Corporation (“SMBC”), and SMBC Nikko Securities Inc. (“SMBC Nikko”) (collectively, “SMBC Group”) announced today that they are significantly expanding their Global Strategic Alliance. SMBC Group and Jefferies initially entered into a Strategic Alliance in 2021 to collaborate on future corporate and investment bankin

LOS ANGELES--(BUSINESS WIRE)---- $CYTK--CYTK Investors Have Opportunity to Lead Cytokinetics, Incorporated Securities Fraud Lawsuit with the Schall Law Firm

VAN NUYS, Calif.--(BUSINESS WIRE)-- #braininjury--PSR attorneys secure $18M settlement from City of Los Angeles during trial for two elderly brothers injured in a collision with speeding LAPD officer.

NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE: RITM; “Rithm” or the “Company”) announced that it priced an underwritten public offering of 7,600,000 shares of its 8.75% Series E Fixed-Rate Cumulative Redeemable Preferred Stock (the “Preferred Stock”) with a liquidation preference of $25.00 per share, for gross proceeds of approximately $190,000,000, before deducting underwriting discount and other estimated offering expenses. The Company intends to apply to list the Preferred Stock on th

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a BBB rating to North Haven Private Income Fund LLC's ("North Haven" or "the company" or "PIF") $300 million, 5.125% senior unsecured notes due in 2028. The rating Outlook is Stable. The proceeds will be used for general corporate purposes. Key Credit Considerations The ratings and Outlook are supported by North Haven's strong ties to the ~$1.6 trillion in assets under management and/or supervision of Morgan Stanley Asset Management. The company benefits

LOS ANGELES--(BUSINESS WIRE)--On August 5, 2025, Co-Lead Counsel Glancy Prongay & Murray secured final approval of a $120 million settlement for ViacomCBS Inc. investors. The settlement resolves investors’ claims that certain underwriters of the March 2021 public offering of Viacom Class B and Viacom convertible preferred stock violated the Securities Act of 1933 by issuing false and misleading statements and failing to disclose that the underwriters had substantial holdings of Viacom commo

LOS ANGELES--(BUSINESS WIRE)--Korn Ferry (NYSE:KFY), a global consulting firm, today announced that its Board of Directors has approved an increase to the Company’s existing share repurchase program. The Board has authorized the purchase of up to an additional $250 million of the Company’s shares, bringing the total available capacity under the existing program to $331.4 million. “We are pleased to announce another increase in our stock repurchase program as part of our balanced capital allocat

HOUSTON--(BUSINESS WIRE)--Zehl & Associates founding partner Ryan Zehl, who over the last two decades has built a well-earned reputation as one of the nation’s top personal injury attorneys, has again been recognized in the Texas Super Lawyers legal guide. Mr. Zehl has earned a placement on this listing every year since 2009. In addition, Texas Super Lawyers has named several of the firm’s trial lawyers to its “Super Lawyers: Ones to Watch list,” which recognizes attorneys under age 40 or i