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KBRA Assigns Ratings for Peoples Financial Services Corp.

Lastest from Businesswire - Wed, 05/21/2025 - 11:37
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a senior unsecured debt rating of BBB, a subordinated debt rating of BBB-, and a short-term debt rating of K3 to Peoples Financial Services Corp. (NASDAQ: PFIS)("Peoples" or “the company”). Additionally, KBRA assigns deposit and senior unsecured debt ratings of BBB+, a subordinated debt rating of BBB, and short-term deposit and debt ratings of K2 to its subsidiary, Peoples Security Bank and Trust Company. The Outlook for all long-term ratings is Stable. P

Affinity Plus Federal Credit Union's Annual Charitable Campaign Rallies Support for Special Olympics Minnesota

Lastest from Businesswire - Wed, 05/21/2025 - 11:37
ST. PAUL, Minn.--(BUSINESS WIRE)--Affinity Plus Federal Credit Union (Affinity Plus) today announced the continued success of its Polar Plunge “jump-start” promotion, its annual charitable campaign supporting Special Olympics Minnesota. In 2025, more than 2,100 Minnesotans registered for the Polar Plunge – Special Olympics Minnesota’s largest fundraiser – using Affinity Plus’s custom codes to receive either a general $50 donation toward the Polar Plunge’s $75 fundraising minimum or a campus-spe

KBRA Assigns Ratings to Wintrust Financial Corporation

Lastest from Businesswire - Wed, 05/21/2025 - 11:37
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a senior unsecured debt rating of A-, a subordinated debt rating of BBB+, a preferred stock rating of BBB, and a short-term debt rating of K2 to Rosemont, Illinois-based Wintrust Financial Corporation (NASDAQ: WTFC) (“the company”). KBRA also assigns deposit and senior unsecured debt ratings of A and short-term deposit and debt ratings of K1 to all 16 of WTFC's bank subsidiaries: Lake Forest Bank & Trust Company, N.A., Barrington Bank & Trust Comp

Focus Financial Partners Names Mark Israel as Chief Technology Officer

Lastest from Businesswire - Wed, 05/21/2025 - 11:37
NEW YORK--(BUSINESS WIRE)--Focus Financial Partners Inc., an interdependent partnership of wealth management, business management, and related financial services firms, today announced the appointment of Mark Israel as Chief Technology Officer, effective May 27, 2025. Mr. Israel joins Focus at a pivotal moment in its evolution as the company accelerates its technological and digital transformation in pursuit of reimagining the client and advisor experience. As Chief Technology Officer, Mr. Isra

HealthEZ Launches EZrx: Redefining Pharmacy Benefits Management

Lastest from Businesswire - Wed, 05/21/2025 - 11:37
MINNEAPOLIS--(BUSINESS WIRE)--HealthEZ, a national third-party benefits administrator, is proud to introduce EZrx, a next-generation pharmacy solution that leverages six cost-reduction strategies to deliver up to 50% savings compared to traditional pharmacy benefit plans. This solution supports self-funded plans by targeting high-cost prescriptions and optimizing pharmacy spend. EZrx places the clinical review outside of the Pharmacy Benefit Manager, ensuring employers pay the lowest net cost o

Gonzaga University and U.S. Bank Expand Partnership With a New Debit Card Design

Lastest from Businesswire - Wed, 05/21/2025 - 11:37
SPOKANE, Wash.--(BUSINESS WIRE)--Gonzaga University supporters can now show their school pride with the new U.S. Bank Visa® Debit Card with the Gonzaga University design from U.S. Bank. The card was launched on May 11, 2025, and features College Hall, the campus’ oldest building. Opened in 2006, the U.S. Bank branch and ATM is located inside Gonzaga’s John J. Hemmingson Center at 702 E Desmet Ave. Generously supporting the Gonzaga community, U.S. Bank provides $75,000 each year to Gonzaga’s gen

Winston & Strawn Launches Financial Innovation & Regulation Practice

Lastest from Businesswire - Wed, 05/21/2025 - 11:37
MIAMI--(BUSINESS WIRE)--Winston & Strawn LLP is pleased to announce the launch of its Financial Innovation & Regulation Practice (FIR), a strategic response to the rapidly evolving financial services landscape and the increasingly complex legal and regulatory issues that confront companies at the forefront of innovation. With the increasing role of emergent technologies in financial services, the FIR collaborates closely with Winston’s top-tier talent from its nationally-ranked, cross-d

Churchill Stateside Group Closes $10,120,000 Tax-Exempt Permanent Loan for 122-Unit Senior Housing Development in Stonecrest, GA

Lastest from Businesswire - Wed, 05/21/2025 - 11:37
CLEARWATER, Fla.--(BUSINESS WIRE)-- #AffordableHousing--Churchill Stateside Group, LLC (“CSG”), a real estate and renewable energy financial services company, is pleased to announce the closing of a $10,120,000 tax exempt permanent loan on a new 122-unit affordable 4% Low Income Housing Tax Credit senior housing community located in Stonecrest, Georgia. The financing was provided by Churchill Mortgage Investment LLC (“CMI”) under CSG’s Churchill Private Tax-Exempt Loan Program (“Churchill PTEL”). The project will d

Eastern Bank Welcomes David Ciolfi To Cambridge Trust Private Banking, A Division Of Eastern Bank, As Senior Vice President, Team Lead For Business Development

Lastest from Businesswire - Wed, 05/21/2025 - 11:37
BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to welcome David Ciolfi as a Senior Vice President, Team Lead for Business Development with Cambridge Trust Private Banking, a Division of Eastern Bank. Mr. Ciolfi has over two decades of experience in financial and investment advisory services across private banking and wealth offerings. “David Ciolfi brings an entrepreneurial mindset and deep understanding of the private banking and wealth management needs in the Northeast region, and we are th

Money20/20 Unveils Global Powerhouse Jury for Inaugural Money Awards

Lastest from Businesswire - Wed, 05/21/2025 - 11:37
NEW YORK--(BUSINESS WIRE)--Money20/20, the world's leading fintech show, and the place where money does business, today announced its inaugural jury for The Money Awards, featuring an unprecedented assembly of distinguished leaders from across the global financial technology ecosystem from traditional banks, fintechs, neobanks, venture capitalists, and the world’s most influential brands. The jury represents in-depth knowledge and expertise from around the world spanning North America, Europe,

Figure Technology Solutions Secures Strategic Financing Partnership with Victory Park Capital

Lastest from Businesswire - Wed, 05/21/2025 - 11:37
NEW YORK & CHICAGO--(BUSINESS WIRE)--Figure Technology Solutions (“Figure”), a technology platform building the blockchain-based capital markets of the future, has entered into a financing agreement with Victory Park Capital (“VPC”), a leading global alternative investment firm specializing in private credit. The transaction includes the sale of Figure’s first – and the industry’s first – pool of Crypto-Backed Loans. This milestone accelerates Figure’s Crypto-Backed Loan business, which enables

SS&C GlobeOp Forward Redemption Indicator

Lastest from Businesswire - Wed, 05/21/2025 - 11:37
WINDSOR, Conn.--(BUSINESS WIRE)--SS&C GlobeOp Forward Redemption Indicator: May notifications 2.34%

Phillips 66 Updates Preliminary Results on Election of Directors

Lastest from Businesswire - Wed, 05/21/2025 - 11:37
HOUSTON--(BUSINESS WIRE)--Phillips 66 today updated the preliminary results for the election of directors at its annual meeting of shareholders held on May 21, 2025.

Vitable Health’s Direct Primary Care Plan Expands to All 50 States, Bringing Quality Care to Millions of Uninsured Americans

Lastest from Businesswire - Wed, 05/21/2025 - 11:37
PHILADELPHIA--(BUSINESS WIRE)--Vitable Health, the nation’s leading health benefits platform, announced today that its Direct Primary Care plan is now available in all 50 states – enabling businesses to offer their employees unlimited virtual primary care visits, mental health coaching, specialty care navigation, and over 1,000 prescriptions and labs for a flat monthly fee. The expansion marks a major leap forward in the company’s mission to make healthcare affordable and accessible for employe

AM Best Assigns Indicative Issue Credit Ratings to MetLife, Inc.’s New Shelf Registration

Lastest from Businesswire - Wed, 05/21/2025 - 11:37
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned indicative Long-Term Issue Credit Ratings of “a-” (Excellent) to senior unsecured issues, “bbb+” (Good) to subordinated issues, and “bbb” (Good) to preferred stock to the recently filed shelf registration of MetLife, Inc. (MetLife) (headquartered in New, NY) [NYSE: MET]. The outlook assigned to these Credit Ratings (ratings) is stable. Concurrently, AM Best has withdrawn the ratings on the previous shelf registrations, which expired. MetLife’

Allstate to Present at William Blair Growth Stock Conference on June 5

Lastest from Businesswire - Wed, 05/21/2025 - 11:37
NORTHBROOK, Ill.--(BUSINESS WIRE)--Allstate to present at William Blair Growth Stock Conference on June 5

Walker Reid Strategies and Blue Energy Group Merge to Form Walker Blue, LLC

Lastest from Businesswire - Wed, 05/21/2025 - 11:37
BOCA RATON, Fla. & LOUISVILLE, Ky.--(BUSINESS WIRE)--Walker Reid Strategies and Blue Energy Group, two nationally recognized leaders in energy tax incentives, announce their merger and the formation of a new company: Walker Blue, LLC. Walker Blue, LLC brings together the strengths of both firms to form a unified organization focused on delivering 179D and 45L tax certifications, ITC, domestic content and prevailing wage compliance along with energy engineering services. The combined firm will s

Legora Attracts $80 Million Series B Funding as Top Global Law Firms and Legal Teams Rush to Adopt Its Collaborative AI

Lastest from Businesswire - Wed, 05/21/2025 - 11:37
LONDON & NEW YORK & STOCKHOLM--(BUSINESS WIRE)--Today, Legora announces an $80 million funding round led by ICONIQ and GeneralCatalyst, with continued support from existing investors Redpoint Ventures, Benchmark, and Y Combinator. This latest round is a strong endorsement of Legora’s product quality, velocity and the remarkable traction it has achieved globally—underscored by its rapid progression from inception to Series B in under two years. The deal comes as adoption of legal AI surges acros

The Mather Group, LLC (TMG) Enters a Strategic Alliance with Pillar Wealth Management Inc., Expanding Presence in the San Francisco Bay Area

Lastest from Businesswire - Wed, 05/21/2025 - 11:37
CHICAGO--(BUSINESS WIRE)--The Mather Group, LLC (TMG), one of the nation’s fastest growing Registered Investment Advisory firms, with 12 offices nationwide and more than $14 billion (AUM/AUA as of 3/31/2025), today announced it has entered a strategic alliance with Pillar Wealth Management Inc., a Walnut Creek, California-based wealth management firm with over $200 million in assets under management. This marks TMG’s fourth acquisition in the San Francisco Bay Area and reflects the firm’s conti

Owens Corning Continues to Improve Worker Safety and Compliance Through Collaboration with ISN®

Lastest from Businesswire - Wed, 05/21/2025 - 11:37
DALLAS--(BUSINESS WIRE)--ISN, the global leader in contractor and supplier information management services, has strengthened its collaboration over the last six years with Owens Corning, a global residential and commercial building products leader. Since implementing ISNetworld in 2019, Owens Corning continues to enhance its contractor management process by requiring individual contractor workers to complete training through the ISNetworld Online Training tool, helping increase hazard awareness

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