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,…
Asset-Map® Launches Visualized Planning and Advice-Led Solutions for LPL Financial Advisors via Strategic Partnership
Asset-Map Holdings Inc. (“Asset-Map”), a leading provider of modern financial planning tools for professionals, has announced a strategic partnership with LPL Financial, the largest independent broker-dealer in the U.S.* This collaboration will grant LPL Financial advisors discounted access to Asset-Map’s…
Milliman Report: Corporate Pension Funded Status Sees Largest Monthly Decline of 2024 in August
Milliman, Inc., a leading global consulting and actuarial firm, has released its latest Milliman 100 Pension Funding Index (PFI), which examines the performance of the 100 largest U.S. corporate pension plans. Largest Funded Ratio Drop of 2024 in August In…
Engine Capital Issues Letter to Dye & Durham’s Board Addressing Concerns Over Excessive Leverage
Engine Capital LP, which holds approximately 7.1% of Dye & Durham Limited’s (TSX: DND) outstanding shares, has issued a letter to the company’s Board of Directors expressing concerns about its rising debt and recent acquisitions. In the letter dated September…