Andrew Barnes Appointed to Lead Military and Veteran Segment at Wells Fargo Commercial Banking
Wells Fargo & Company (NYSE: WFC) has announced the appointment of Andrew Barnes as the inaugural Military and Veteran Segment Leader within its Commercial Banking Diverse Segments team. In this new role, Barnes will focus on supporting veteran-owned and -led…
CloudPay Enhances Payroll Solutions with Workday Integration, Advancing Global Payroll Innovation
CloudPay, a global leader in payroll and payment solutions, has partnered with Workday, Inc. (NASDAQ: WDAY) to introduce the highly anticipated Global Payroll Connect solution. This new offering is set to deliver a seamless, end-to-end payroll experience, ensuring customers benefit…
Banner Bank Appoints Borrecco as Chief Banking Officer, Expanding Leadership Team
Banner Bank has expanded its executive leadership team by appointing Mark Borrecco as Chief Banking Officer. In this role, Borrecco will oversee the Bank’s key business sectors, including commercial, commercial real estate, community banking, and mortgage operations. He will be…
Esker Announced as Finalist in Three Categories for the 2024 SaaS Awards
Esker, a global cloud platform and leader in AI-powered process automation for Finance, Procurement, and Customer Service, announced today that it has been named a finalist in three categories of the 2024 SaaS Awards. The company was recognized for its…
Novatus Global Secures $40 Million Investment from Silversmith Capital Partners
Novatus Global Limited, a leading provider of regulatory technology solutions for global financial institutions, has announced a $40 million investment from Silversmith Capital Partners, a Boston-based growth equity firm. Since its founding in 2019, Novatus has become a trusted partner…
Best’s Market Segment Report: U.S. Workers’ Compensation Insurance Segment Maintains Strong Performance
The U.S. workers’ compensation segment continues to outperform all other lines of business in the property/casualty (P/C) industry, driven by ongoing declines in loss frequency and favorable reserve development, according to a new report from AM Best. The Best’s Market…
AM Best Reaffirms Credit Ratings of China BOCOM Insurance Company Limited
AM Best Reaffirms Credit Ratings of China BOCOM Insurance Company Limited AM Best has reaffirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) for China BOCOM Insurance Company Limited (CBIC) (Hong Kong).…
New Low-Income Apartments Open in Dallas Thanks to $750K Grant from FHLB Dallas and Veritex Community Bank
Dallas now boasts a new LGBTQIA+-friendly affordable apartment complex, made possible by a $750,000 Affordable Housing Program (AHP) grant from the Federal Home Loan Bank of Dallas (FHLB Dallas), awarded through its member, Veritex Community Bank. The grand opening of…
Scott Myers Appointed Head of Wholesale Banking at Tri Counties Bank
Tri Counties Bank has announced the appointment of Scott Myers as its new Head of Wholesale Banking. “Scott’s extensive market knowledge and deep industry experience in Wholesale Banking will be a valuable asset to our senior leadership team,” said Dan…
Northern Trust Announces New Leadership Appointments
Northern Trust Corporation Announces Leadership Changes Effective October 1, 2024 “Northern Trust’s leadership changes reflect our One Northern Trust strategy, designed to drive growth, enhance resiliency, and improve productivity,” said Michael O’Grady, Chairman and Chief Executive Officer. “These appointments highlight…
Boyd Watterson and Amber Infrastructure Complete Strategic Merger, Creating a Leading Global Alternatives Investment Platform
Boyd Watterson and Amber Infrastructure Complete Strategic Merger, Launching Leading Global Alternatives Investment Platform Boyd Watterson Asset Management (“Boyd Watterson”) and Amber Infrastructure Group Holdings Limited (“Amber”) have successfully finalized their strategic merger, with the transaction closing on August 30…
How to Know When It’s Time to Consider Filing for Bankruptcy
Understanding When Bankruptcy Might Be the Right Choice Overwhelming debt can affect every aspect of life, prompting many to consider bankruptcy as a solution. “Both forms of bankruptcy have significant impacts on short- and long-term financial goals,” notes Amy Robbins,…