Business Wire Professional Services: Finance News
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Latest posts
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American Business Bank Announces Quarterly Cash Dividend
LOS ANGELES--(BUSINESS WIRE)--AMERICAN BUSINESS BANK ANNOUNCES QUARTERLY CASH DIVIDEND
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Penzance Breaks Ground on Ballston One Office-to-Multifamily Redevelopment in Arlington, Virginia
ARLINGTON, Va.--(BUSINESS WIRE)--Penzance, a leading owner, operator, developer, and fund manager of properties in the Mid-Atlantic for three decades, today announces the groundbreaking of Ballston One, a transformative redevelopment of the existing office property at 4601 N.…
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Ave Maria Rising Dividend Fund Names New Portfolio Management Team
PLYMOUTH, Mich.--(BUSINESS WIRE)--Schwartz Investment Counsel, Inc. (The Firm), the investment advisor to the Ave Maria Mutual Funds, announced that Timothy S. Schwartz, CFA, and Ryan M. Kuyawa, CFA, have been named the portfolio management team for the Ave Maria Rising Dividend…
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Marsh Acquires Triton Insurance Agency
NEW YORK--(BUSINESS WIRE)--Marsh, a leading global professional services firm, today announced the acquisition of Triton Insurance Agency, LLC, a Newport, Rhode Island-based agency specializing in marine and yacht insurance. Terms of the acquisition, which will become part of…
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Eagle Point Credit Management Hires Sarah Meehan as Head of Corporate Communications
GREENWICH, Conn.--(BUSINESS WIRE)--Eagle Point Credit Management LLC (“Eagle Point”), an innovative private credit investment manager, announced today that Sarah Meehan has joined the firm as Head of Corporate Communications. She will report to Kenneth Onorio, Chief Operating…
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Major U.S. Regional Bank Selects Matera Digital Twin to Become a Real-Time Bank Without Replacing Its Core
PHILADELPHIA--(BUSINESS WIRE)--A major U.S. regional bank selects Matera Digital Twin to run real-time, 24/7/365 banking and prepare for digital assets without replacing its core.
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OFG Bancorp Increases Regular Quarterly Common Stock Cash Dividend to $0.40
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) today announced its Board of Directors increased the regular quarterly cash dividend by 14% to $0.40 per common share for the quarter ending December 31, 2026. The dividend is payable January 15, 2027, to holders of…
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Vision Innovation Partners Opens New Ambulatory Surgery Center in Frederick, Maryland
ANNAPOLIS, Md.--(BUSINESS WIRE)--Vision Innovation Partners ("VIP"), a leading Mid-Atlantic eye care platform, today announced the opening of a new ambulatory surgery center ("ASC") in Frederick, Maryland. The new center will provide patients with expanded access to specialized…
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Avantos Named to 2026 CB Insights’ 100 Most Promising Fintech Startups
NEW YORK--(BUSINESS WIRE)--Avantos, an artificial intelligence (AI)-native financial technology company providing an operating system designed to reimagine how financial institutions onboard and service clients, was named by CB Insights to its ninth annual Fintech 100 ranking,…
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ORIX USA Appoints Lourdes (Fisher) Solis as Managing Director, Head of Capital Formation - Americas
NEW YORK--(BUSINESS WIRE)--ORIX Corporation USA ("ORIX USA") today announced the appointment of Lourdes (Fisher) Solis as Managing Director, Head of Capital Formation - Americas. Based in New York, Ms. Solis will join ORIX USA's Capital Formation & Investor Relations leadership…
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Panacea Financial Expands Payments Capabilities with PlexPay, an Integrated Payments Platform Built for Doctor-Owned Practices
LITTLE ROCK, Ark.--(BUSINESS WIRE)--Panacea Financial, the financial platform for doctors and their practices, today announced the expansion of its capabilities with PlexPay, a healthcare payments platform that integrates merchant processing, point-of-sale and digital payments,…
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Ocean Bank Net Income Surges; Assets Reach Record $7.6 Billion
MIAMI--(BUSINESS WIRE)--OCEAN BANK EARNINGS SURGE
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Beacon Financial Group Joins Osaic's Empowered Independence Channel
SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- #EmpoweringWealth--Brent Bessinger and Beacon Financial Group rejoin Osaic through the firms Empowered Independence Channel with $1 billion in client assets.
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BRW Announces $0.085 Dividend
NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund (NYSE: BRW) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend of $0.085 per share on October 30, 2026, payable on November 30,…
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SABA Announces $0.058 Dividend
NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend of $0.058 per share on October 30, 2026, payable on November…
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ATL Partners Appoints Melissa Imperiale as Head of Investor Relations and Marketing
NEW YORK--(BUSINESS WIRE)--ATL Partners (“ATL”), a premier sector-focused private equity firm investing in commercial aerospace, national security and transportation and logistics, today announced that Melissa Imperiale has joined the firm as Head of Investor Relations and…
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Colony Bankcorp, Inc. Announces Completion of Merger With First Reliance Bancshares, Inc.
FITZGERALD, Ga. & FLORENCE, S.C.--(BUSINESS WIRE)--Colony Bankcorp, Inc. (NYSE: CBAN) (“Colony” or the “Company”), the holding company for Colony Bank, today announced the completion of its previously announced merger with First Reliance Bancshares, Inc. (OTCQX: FSRL) (“First…
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Radoff-JEC Group Issues Open Letter Condemning Seer’s Unexplained and Seemingly Illogical Decision to Remain a Public Company
HOUSTON--(BUSINESS WIRE)--Bradley L. Radoff and Michael Torok, who collectively own approximately 7.7% of the outstanding shares of Seer, Inc. (NASDAQ: SEER) (“Seer” or the “Company”), today issued the following open letter. *** November 2, 2026 Fellow Stockholders and Members…
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Churchill Asset Management Closes Record $1.54 Billion Junior Capital Opportunities Fund III, More Than Doubling Predecessor
NEW YORK--(BUSINESS WIRE)--Churchill Asset Management LLC (“Churchill”), the U.S. asset management company of Nuveen Private Capital, today announced the final close of Junior Capital Opportunities Fund III (“JCOF III” or the “Fund”) with $1.54 billion in total commitments. The…
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Schwab Q4 Retail Client Sentiment Report: Investors Turn More Bearish on the U.S. Stock Market but Confidence in Reaching Financial Goals Remains High
WESTLAKE, Texas--(BUSINESS WIRE)--Stock market sentiment turned net bearish for the quarter according to the Q4 2026 Retail Client Sentiment Report from Charles Schwab, a leader in investing and trading with $13.33 trillion in total client assets, 48.6 million client accounts,…