Search Results for: finance and insurance

Financial Advisors Report 40 Percent of Their Clients Were Forced to Retire, Edward Jones Survey Finds
Finance News

Financial Advisors Report 40 Percent of Their Clients Were Forced to Retire, Edward Jones Survey Finds

PR Newswire
by PR Newswire0
Inflation and Financial Assistance to Loved Ones Among the Greatest Financial Shocks for Retirees Financial advisors across the industry report 40% of their retiree clients were forced into retirement, according to a new survey by financial services firm Edward Jones. Almost all financial advisors surveyed (97%) agree that retirement involves more surprises......
Accel-KKR to Sell Kerridge Commercial Systems Ltd
Investment Services News

Accel-KKR to Sell Kerridge Commercial Systems Ltd

PR Newswire
by PR Newswire0
Accel-KKR, a global technology-focused private equity firm, announced that it has signed a definitive agreement to sell Kerridge Commercial Systems Ltd, an ERP and business management software provider for distributors, wholesalers and related trades, to CapVest Partners LLP, an international private equity firm. KCS, headquartered in Berkshire, England, provides software to over......
Slide Secures Additional $100 Million Cat Bond with Closing of Purple Re Ltd.
InsurTech News

Slide Secures Additional $100 Million Cat Bond with Closing of Purple Re Ltd.

Business Wire
by Business Wire0
Slide expands its collateralized reinsurance protection with the help of capital market investors Slide Insurance, the full-stack insurtech focused on providing affordable, effective homeowners coverage, announced it has finalized pricing for its latest catastrophe (cat) bond, closing the $100 million Purple Re Ltd. (Series 2023-2). This is the second cat......
Artificial Intelligence News

LGBTQ+ Consumers Skeptical AI Like ChatGPT Will Improve Their Financial Experiences, Achieve Survey Finds

PR Newswire
by PR Newswire0
Wide-ranging survey on the personal finance experiences and challenges of the LGBTQ+ community reveals access to financial opportunities is strong, but many consumers still struggle to reach their financial goals In a future where ChatGPT and other forms of generative AI may become ubiquitous in banking, many LGBTQ+ consumers believe they......
Messagepoint Enters into Strategic Partnership with Newbold Advisors
Mortgage News

Messagepoint Enters into Strategic Partnership with Newbold Advisors

Business Wire
by Business Wire0
Messagepoint Inc. announced that it has signed Newbold Advisors as a referral partner for its customer communications management (CCM) solution. Newbold Advisors provides business, technology and staffing consulting and professional services to the mortgage servicing sector and will introduce Messagepoint to clients looking to improve borrower communications operations and experiences.......
Sheridan Capital Partners Fund III Closes at Its Hard Cap of $575 Million
Investment Services News

Sheridan Capital Partners Fund III Closes at Its Hard Cap of $575 Million

Business Wire
by Business Wire0
Sixpoint Partners served as exclusive global placement agent Sixpoint Partners, a leading global investment bank serving the middle market, announced the successful closing of Sheridan Capital Partners Fund III, L.P. (together with its parallel fund, “Fund III” or the “Fund”), at the hard cap with $575 million of total capital......
Customers Bank Onboards Former Signature Venture Banking Team
Banking Finance News

Customers Bank Onboards Former Signature Venture Banking Team

Business Wire
by Business Wire0
Customers Bank, the $21 billion asset subsidiary of Customers Bancorp, announced it has completed the onboarding of a nearly 30-member venture banking team formerly employed by Signature Bank. Initially, this team will handle the transfer and servicing of about 150 loans in Customers Bank’s recently acquired $631 million venture banking......
HSBC Launches Global Private Banking in India to Serve Fast-Growing Economy
Banking News

HSBC Launches Global Private Banking in India to Serve Fast-Growing Economy

Business Wire
by Business Wire0
HSBC has launched its Global Private Banking (GPB) business in India to serve high-net-worth (HNW) and ultra-high-net-worth (UHNW) professionals, entrepreneurs and their families. The new business is aimed at clients with investable assets of more than $2 million. “Entrepreneurialism and innovation are fuelling both economic growth and significant wealth creation......
Global Millennial Capital Launches Web3 Investment Program for Pre-Seed to Series A Companies
Digital Asset Management Fintech News

Global Millennial Capital Launches Web3 Investment Program for Pre-Seed to Series A Companies

PR Newswire
by PR Newswire0
The program aims to invest in companies operating in verticals such as data ownership, Web3 privacy tools, NFTs, cryptocurrency platforms, blockchain technology, and DeFi According to McKinsey’s Web3 report, the financial-services industry has primarily adopted some of these nascent digital technologies and assets. At its peak, the daily volume of transactions......
1