Western Alliance Bancorporation (NYSE: WAL) announced today that Kenneth A. Vecchione, President and Chief Executive Officer, and Dale Gibbons, Vice Chairman and Chief Financial Officer, have been recognized as Best CEO and Best CFO, respectively, in Extel’s 2024 All-America Executive…
AM Best Upgrades Credit Ratings for Provident Insurance Corporation Limited AM Best has upgraded Provident Insurance Corporation Limited’s (PICL) Financial Strength Rating (FSR) from B (Fair) to B+ (Good) and its Long-Term Issuer Credit Rating (ICR) from “bb+” (Fair) to…
Polen Capital Recognized as One of the Best Places to Work in Money Management for Ninth Consecutive Year Polen Capital is proud to announce its recognition for the ninth consecutive year in Pensions & Investments’ 2024 Best Places to Work…
Fortress Appoints Leadership Team for New Client and Product Solutions Group Fortress Investment Group has announced key leadership appointments within its newly formed Client and Product Solutions Group (CPSG), marking a significant shift in the firm’s organizational structure as it…
Lithic Introduces Commercial Revolving Credit API, Offering Unmatched Flexibility for Business Credit Card Programs Lithic, a prominent financial technology platform known for empowering businesses with custom card solutions and seamless money movement, has announced the launch of its Commercial Revolving…
Sound Credit Union (Sound), a prominent financial institution headquartered in Tacoma, Washington, has officially completed its acquisition of Washington Business Bank (OTCPK: WBZB), based in Olympia, Washington. This significant transaction, finalized late last week, marks a strategic milestone for both…
Gantry, Inc. (Gantry), a leading national full-service commercial mortgage banking firm, has bolstered its presence in Southern California by integrating the operations of Westcap Corp (Westcap) into its platform. This strategic move significantly enhances Gantry’s correspondent-driven loan production, adding more…
United Bankshares, Inc. (“United”) (NASDAQ: UBSI), the parent company of United Bank, has announced it has received all necessary regulatory approvals for its proposed merger with Piedmont Bancorp, Inc. (“Piedmont”), the parent company of The Piedmont Bank. “We are pleased…
Commonwealth Bank of Australia (CBA) has highlighted the transformative impact of artificial intelligence (AI) on its services, improving customer experiences for its 10 million-plus customers. At a strategic update in Sydney, CBA showcased how AI is delivering a range of…
CIBC Innovation Banking has announced a US$13 million growth capital investment in Practice Better, a leading all-in-one practice management platform tailored for health and wellness professionals. The funding will accelerate Practice Better’s expansion into new markets and foster advancements in…
Danske Bank, Denmark’s largest financial institution, has reinforced its partnership with ActiveViam to enhance its capabilities in advanced analytics for liquidity stress testing. This collaboration is set to deliver cutting-edge solutions, enabling the bank to strengthen its risk management framework…
Nexo, a leading digital asset investment platform, has announced the launch of the industry’s first personal USD accounts. This new service allows customers in over 150 countries to seamlessly make bank transfers to and from their personal USD account in…
