Customers Bank Adds 10 Banking Teams, Expedites Deposit Transformation, Grows East and West Coast Presence

Customers Bank, the $22 billion asset subsidiary of Customers Bancorp (NYSE:CUBI), has recently brought on board 10 seasoned commercial and business banking teams across New York, California, and Nevada. This strategic hiring initiative aims to bolster the Bank’s potential for…

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CFRA Unveils Strategic Leadership Transformations for Enhanced Growth; Promotes Theresa Torian to CEO

CFRA, a prominent provider of independent investment research, has announced significant leadership changes aimed at reinforcing its client-centric approach, strengthening leadership depth, and fostering continued growth. Peter de Boer, Executive Chairman of CFRA, expressed his confidence in Theresa Torian’s leadership,…

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“Priority Financial Group Chosen by Idaho Central Credit Union to Enhance Wealth Services Division

Priority Financial Group (PFG), a third-party registered investment advisor (TP-RIA) catering to financial advisors and institutions, has announced a strategic collaboration with Idaho Central Credit Union (ICCU), a prominent credit union serving Idaho and Washington, boasting assets totaling approximately $10…

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Arch Insurance North America to Acquire Allianz’s U.S. MidCorp and Entertainment Insurance Businesses

The transaction will enable further expansion into the middle-market property and casualty segment. Arch Insurance North America (Arch Insurance), part of Arch Capital Group Ltd. (Nasdaq: ACGL) (Arch), today announces it has entered into a master transaction agreement to acquire…

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AM Best Confirms Old Republic Subsidiaries’ Credit Ratings; Upgrades Outlook for Old Republic Life Insurance Company

AM Best has reaffirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “aa-” (Superior) for the members of Old Republic Insurance Companies (Old Republic). Concurrently, the agency affirmed the FSR of…

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Prudential Boosts Workplace Benefits with Focus on Mental Health and Family Growth

Prudential Financial, Inc. (NYSE: PRU) has rolled out new voluntary workplace insurance options aimed at supporting family expansion and mental health. These offerings include coverage for fertility treatments, extended hospital stays, screenings for substance use, and severe mental health conditions.…

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Bank of Marin Bancorp to Live Stream Q1 Earnings Presentation on Monday, April 29, 2024, at 8:30 a.m. Pacific Time

Bank of Marin Bancorp (Nasdaq: BMRC) will present its first quarter earnings call via webcast on Monday, April 29, 2024, at 8:30 a.m. PT/11:30 a.m. ET. All interested parties are invited to listen to President and Chief Executive Officer Tim…

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Americans Cut Back on Retirement Savings and Accumulate Debt in Response to Inflation

Allianz Life Study Reveals Inflation Challenges for Americans’ Financial Futures, Despite Optimism for Subsiding Rates Key Insights: Allianz Life’s Study Highlights Americans’ Financial Struggles Amid Ongoing Inflation According to the 2024 Q1 Quarterly Market Perceptions Study from Allianz Life Insurance…

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