Banking & Financial Services News

Banking & Financial Services

Commercial property insurance shows signs of recovery amid challenges

Despite facing challenges from climate risk and inflation, the U.S. commercial property insurance sector is showing signs of improvement, according to a new brief by the Insurance Information Institute (Triple-I), affiliated with The Institutes.
Banking & Financial Services

Gas prices rise slightly as holiday travel increases

After several weeks of declining, the national average for a gallon of gasoline has increased by two cents, reaching $3.04.

Latest News


Banking & Financial Services

Insurance Information Institute urges winter preparedness

With the official start of winter on December 21, the Insurance Information Institute (Triple-I) is advising homeowners, renters, and drivers across the United States to prepare for snow, ice, and cold temperatures.

Banking & Financial Services

Morgan Stanley partners with Brightview Senior Living in new acquisition

Morgan Stanley Investment Management has announced a partnership with Brightview Senior Living to acquire eight senior housing communities.

Banking & Financial Services

Carlyle sells aerospace supplier Forgital Group to Stonepeak

Global investment firm Carlyle has announced an agreement to sell Forgital Group, a provider of advanced aerospace and industrial forged products, to Stonepeak.

Banking & Financial Services

Morgan Stanley sells stake in Höegh Evi to Igneo Infrastructure Partners

Morgan Stanley Investment Management has announced the sale of its 50% ownership stake in Larus Holding Limited, which fully owns Höegh Evi Ltd., to funds managed by Igneo Infrastructure Partners.

Banking & Financial Services

Gas prices remain steady as decline stalls near $3 mark

Going nowhere fast is an apt description of the national average for a gallon of gas, which shed less than a penny since last week to reach $3.02.

Banking & Financial Services

Carlyle secures $7.1 billion for third credit opportunities fund

Global investment firm Carlyle has announced the final close of its third Carlyle Credit Opportunities Fund (CCOF III), securing $7.1 billion in investable capital.

Banking & Financial Services

AlpInvest and Mubadala launch global senior fund financing partnership

AlpInvest Partners, a global private equity investor and subsidiary of Carlyle, has announced a new credit co-investment partnership with Mubadala Investment Company.

Banking & Financial Services

MMG's Matt McHatten appointed chair of Insurance Information Institute

Matt McHatten, president and CEO of MMG Insurance, has been elected chair of the Insurance Information Institute's (Triple-I) Executive Leadership Committee (ELC).

Banking & Financial Services

Record-breaking holiday travel predicted by AAA for end-of-year period

AAA anticipates a record number of holiday travelers this year, with 119.3 million people expected to travel 50 miles or more from home between December 21 and January 1.

Banking & Financial Services

Carlyle sells digital employee experience firm 1E to TeamViewer for $720 million

Global investment firm Carlyle has reached an agreement to sell 1E, a company specializing in Digital Employee Experience (DEX) software solutions, to TeamViewer SE.

Banking & Financial Services

AAA and NAPA Autotech introduce new mentorship program for aspiring auto technicians

AAA and NAPA Autotech have launched a new automotive apprenticeship program to develop future professionals in the auto repair industry.

Banking & Financial Services

Morgan Stanley Capital Partners acquires healthcare service provider Prescott's

Investment funds managed by Morgan Stanley Capital Partners (MSCP) have announced an agreement to acquire Prescott’s, a company specializing in healthcare-focused outsourced clinical engineering services.

Banking & Financial Services

Carlyle acquires majority stake in Waste Services Group from Livingbridge

Global investment firm Carlyle has announced an agreement to acquire a majority stake in Waste Services Group (WSG), a waste management business in Australia, from Livingbridge.

Banking & Financial Services

AAA report highlights prevalent risky driving behaviors contributing to road fatalities

In 2023, traffic crashes claimed nearly 41,000 lives in the United States, underscoring the persistent public health crisis on the nation's roads.

Banking & Financial Services

Gas prices near three-year low as national average drops to $3.03

Gas prices in the United States are approaching a three-year low, with the national average for a gallon of gas dropping to $3.03.

Banking & Financial Services

Harvey Schwartz to present at Goldman Sachs financial services conference

Carlyle has announced that its Chief Executive Officer, Harvey Schwartz, will present at the Goldman Sachs 2024 US Financial Services Conference.

Banking & Financial Services

Institutional investors foresee rise in sustainable assets despite facing challenges

A recent survey conducted by the Morgan Stanley Institute for Sustainable Investing reveals that most institutional investors anticipate growth in sustainable assets over the next two years.

Banking & Financial Services

Morgan Stanley's E*TRADE publishes latest sector rotation study

E*TRADE from Morgan Stanley has published its monthly sector rotation study.