07/28/2022
Chubb’s net income falls 46% to $1.2b
The P&C combined ratio was 84.2% compared to 88.6% prior year, and the current accident year P&C combined ratio excluding catastrophe losses was 83.5% compared to 85.3% prior year.
Alternative Investments
07/27/2022
Jane Fischer Asset Management Launches the Exclusive Services of Account Management Services
JFTfunds offers managed accounts, a category of trading service that chooses a collection of funds and puts them together in a portfolio for a specific client.
07/27/2022
PNC Bank Launches Community Advisory Council With 17 New Members Appointed
Community Leaders Selected to Help Steer Bank's $88 Billion Community Benefits Plan
07/27/2022
Truist continues to deliver on rural investment, lending and services commitments
Ongoing rural initiatives a critical component of Truist's $60 billion Community Benefits Plan
07/27/2022
Citizens Business Conditions Index™ moderates from Q1 peak
Business activity remains healthy, but is clearly cooling from the prior quarter.
07/26/2022
CION Investment Group Acquires Full Stake in Seven Group
This acquisition expands the value-add services available for financial advisors that work with CION and builds on its successful and growing retail distribution platform.
07/25/2022
Apollo Asset Management and Athene Receive Strong A2/A1 Investment Grade Ratings from Moody’s Investors Service
The Moody’s A1 IFS rating for Athene’s insurance subsidiaries reflects the strong market position in its core retirement services products.
07/25/2022
How Manulife is helping to democratize real assets
Eric Menzer of Manulife Investment Management sheds light on firm's alternative income and inflation protection solution
07/25/2022
FAF Wealth Management Advisor launches LWS Financial & Affiliates with MassMutual and MMLIS
As a recognized industry leader specializing in wealth management for closely held businesses and high-net-worth individuals and families, Weinstein has grown his practice to serve a diverse client base.
07/25/2022
BMO Global Asset Management Expands Investment Capabilities with Experienced Global Equity Team
The new Global Equity team are the latest among 50 recent hires across BMO GAM to accelerate growth in key areas
07/22/2022
1832 Asset Management announces sub-advisor change
There will be no change to the investment objective of the Fund resulting from this change.
07/22/2022
J.P. Morgan Re-Appointed by Florida SBA as Manager on Florida Growth Fund
The firm will commit to private equity funds based in Florida, as well as making investments directly in companies with a significant presence in the state.
07/21/2022
J.P. Morgan: Working capital of S&P 1500 companies returns to pre-pandemic range
An estimated $523 billion in liquidity remain trapped in the supply chains of the companies, according to J.P. Morgan’s 2022 Working Capital Index report
07/21/2022
What portfolio risks should advisors be paying attention to?
Top portfolio manager walks through some factors that should be considered in evaluating asset and sector exposures
07/21/2022
Truist Foundation Grants 5 Million to First Step Staffing to Aid in Paving a Path Out of Poverty and Homelessness
Partnership will contribute to the expansion of First Step Staffing to new markets, providing job solutions to end homelessness across the U.S.
07/20/2022
M&T bank expands commercial real estate lending capabiities with creation of innovation office and hiring of key new executives
Based in New York City and Led by Brooke Cianfichi, the Commercial Real Estate (CRE) Innovation Office Brings a Wide Range of Expertise to CRE Financing
07/20/2022
Hamilton enters US E&S energy and life sciences
That growth continues with Turner and Blackwell building out their respective lines of business.
07/20/2022
Key Private Bank Selects Proteus to Offer Alternative Investment Solutions for Accredited Investor Wealth Management Clients
The Proteus technology platform has been designed and developed to offer client-specific product offerings and investment vehicles.
07/19/2022
Truist Reports Second Quarter 2022 Results
Following our stress test results we announced a strong 8% increase in our quarterly cash dividend, subject to approval by the board of directors at our July meeting.
07/19/2022
Citizens Financial Group, Inc. Reports Second Quarter 2022 Net Income of $364 Million and EPS of $0.67
Underlying Net Income of $595 million and EPS of $1.14