Finance News
Discover the latest in finance with press releases highlighting industry news, trends, and innovations shaping financial management and investment strategies. Explore opportunities in capital markets, personal finance, and financial planning.
Jun 12, 2025 at 10:00 AM
iA Financial Group Named Canada’s Best Auto Insurance Company for 2025 by Forbes
QUEBEC CITY--(BUSINESS WIRE)--iA Financial Group has been named by Forbes magazine as Canada’s best auto insurance provider in its “World’s Best Auto Insurance Companies” list. This prestigious award is presented in collaboration with Statista, the world-leading market research firm. The “World’s Best Insurance Companies” 2025 ranking is based on an independent survey of over 45,000 consumers in 15 different countries. The survey considered customers’ overall recommendation, their general satis...
Jun 12, 2025 at 10:00 AM
Synovus expands presence in Florida with new talent
COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus is accelerating its growth in Florida by adding new relationship managers in commercial and middle market banking and wealth services....
Jun 12, 2025 at 10:00 AM
ProShares Launches First ETFs to Target 2x and -2x Daily Returns of Nasdaq-100 Mega Index
BETHESDA, Md.--(BUSINESS WIRE)--ProShares, the world’s largest provider of leveraged and inverse ETFs, expands its lineup with products investing in top Nasdaq-100 companies....
Jun 12, 2025 at 10:00 AM
CFP Board Appoints Barry Gersten as Head Technology Officer
WASHINGTON--(BUSINESS WIRE)--CFP Board today announced the appointment of Barry S. Gersten as its Head Technology Officer. Gersten will oversee CFP Board’s information technology and digital initiatives. As Head Technology Officer, Gersten plays a critical role in shaping the technology vision and aligning information technology (IT) capabilities with the organization’s mission, strategic objectives and operational needs. He also provides leadership in evaluating the utility of emerging technol...
Jun 12, 2025 at 9:53 AM
AM Best Downgrades Credit Ratings of Kentucky Farm Bureau Group Member
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has downgraded the Financial Strength Rating to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Rating to “a-” (Excellent) from “a” (Excellent) of Kentucky Farm Bureau Mutual Insurance Company (KFB Mutual) (Louisville, KY), which is a member of Kentucky Farm Bureau Group. The outlook of these Credit Ratings (ratings) has been revised to stable from negative. The ratings reflect KFB Mutual’s balance sheet strength, which AM Best assesses...
Jun 12, 2025 at 9:45 AM
Volantis Unveils Photonic Compute Platform for the AI Era; Raises $9M in Seed Round With Alex Wang, Trevor Blackwell, and Others
SAN MATEO, Calif.--(BUSINESS WIRE)--Volantis unveils photonic compute platform for the AI era and announces $9M in seed funding from Alex Wang, Trevor Blackwell, and others....
Jun 12, 2025 at 9:30 AM
Andersen Consulting Adds Sidat Hyder Morshed to Platform Through Collaboration Agreement
SAN FRANCISCO--(BUSINESS WIRE)--Andersen Consulting enters into a Collaboration Agreement with Sidat Hyder Morshed Associates (Sidat Hyder)....
Jun 12, 2025 at 9:30 AM
DiligentIQ Announces Name Change to ToltIQ
NEW YORK--(BUSINESS WIRE)--AI due diligence leader DiligentIQ changes name to ToltIQ reflecting its strategic positioning and productivity gains up to 85% for investment teams....
Jun 12, 2025 at 9:23 AM
Citizens Launches New Suite of Mastercard Credit Cards Designed to Meet the Evolving Needs of Every Customer
PROVIDENCE, R.I.--(BUSINESS WIRE)--As part of its commitment to empowering customers at every stage of their financial journey, Citizens has launched a new suite of Mastercard credit cards designed to address the distinct financial needs and preferences of today’s consumers. Built on years of customers' insights and feedback, the new credit cards offer tailored features that range from establishing credit to maximizing rewards and lifestyle benefits. As customers grow in financial experience an...
Jun 12, 2025 at 9:20 AM
Ancora Comments on Clear Mandate from Forward Air Shareholders That a Well-Run Sale Process is Urgently Needed
CLEVELAND--(BUSINESS WIRE)--Ancora Holdings Group, LLC (together with its affiliates, “Ancora” or “we”), a significant shareholder of Forward Air Corporation (NASDAQ: FWRD) (“Forward Air” or the “Company”), today issued the following statement regarding the announced voting results of the Company’s 2025 Annual Meeting of Shareholders. “This vote is a clear mandate that shareholders expect Forward Air to expeditiously complete a credible strategic review that leads to a sale at a meaningful prem...
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