AM Best has reaffirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a” (Excellent) for the members of Mercury Casualty Group (Mercury). Concurrently, AM Best has also reaffirmed the Long-Term ICR…
Wells Fargo has confirmed today that the Office of the Comptroller of the Currency (OCC) has terminated a consent order issued in 2016 regarding sales practices misconduct. The consent order mandated Wells Fargo to overhaul its approach to offering and…
Axos Bank, the nationwide bank subsidiary of Axos Financial, Inc. (NYSE: AX), has been recognized in Forbes Advisor’s “Best Business Checking Accounts of February 2024,” specifically for its top-notch QuickBooks Compatibility. Forbes Advisor meticulously assessed 50 checking accounts across 20…
Guild Mortgage (NYSE: GHLD), a prominent mortgage lending company with a history dating back to 1960, has reached an agreement to acquire the retail lending assets of Academy Mortgage Corporation, a privately held lender based in Utah. “The addition of…
GeoWealth, a leading proprietary technology and turnkey asset management platform (TAMP), has announced that it surpassed $28 billion in platform assets as of December 31, 2023, marking a remarkable 45 percent year-over-year growth rate. This substantial increase in assets is…
Rockefeller Global Family Office, the wealth management arm of Rockefeller Capital Management (“Rockefeller”), has proudly announced the inclusion of Variant Path Group, a respected team of 10 professionals based in Charlotte, NC. With a track record of delivering exceptional financial…
MeridianLink, Inc. (NYSE: MLNK), a leading provider of cutting-edge software solutions for financial institutions and consumer reporting agencies, has announced that A+ Federal Credit Union (A+FCU) has chosen MeridianLink® to modernize its loan origination system. Utilizing MeridianLink® One, the credit…
Today marks the release of the Climate Action 2024 report by the RBC Climate Action Institute, presenting an unprecedented assessment of Canada’s climate journey and preparedness. The findings underscore a concerning trend: Canada may not be on course to achieve…
Platts, a division of S&P Global Commodity Insights, the foremost independent provider of information, data, analysis, benchmark prices, and workflow solutions for commodities, energy, battery metals, and energy transition markets, has introduced groundbreaking daily assessments for spot market US lithium…
ETRADE, now part of Morgan Stanley, has revealed its plans to showcase a 30-second advertisement during the second quarter of a significant game event. The commercial will star the iconic ETRADE Baby, this time venturing into the world of Pickleball—the…
On March 15, 2024, Wells Fargo & Company (NYSE: WFC) disclosed its plans to redeem all 33,600 outstanding shares, termed the “Redeemed Series R Preferred Shares,” of its 6.625% Fixed-to-Floating Rate Non-Cumulative Perpetual Class A Preferred Stock, Series R (referred…
South Australia has claimed the top spot in economic performance, marking a historic first in the 15-year history of CommSec’s State of the States report. This ascent is attributed to robust construction activity and a thriving job market. Leading across…
