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Banking & Financial Services
AIMA Digital Assets Working Group Co-Chair: U.S. crypto investment managers 'facing barriers due to systemic underservicing by banks'
John D'Agostino, Co-Chair of the Alternative Investment Management Association's (AIMA) Digital Assets Working Group, has raised concerns about the impact of debanking on innovation within the U.S. crypto industry.

By Business Daily | Jan 16, 2025

Banking & Financial Services
U.S. property/casualty insurance market sees profitability rise through improved underwriting
The U.S. property/casualty (P/C) insurance market showed improved underwriting results in 2024, with expectations for continued growth in 2025 and 2026, according to a report by the Insurance Information Institute (Triple-I) and Milliman.

By Business Daily | Jan 16, 2025

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Banking & Financial Services
Carlyle to release Q4 and full-year financial results on February 11

By Business Daily | Jan 16, 2025

The Carlyle Group Inc. has announced that it will release its financial results for the fourth quarter and full-year 2024 on February 11, 2025.
Banking & Financial Services
Gasoline prices rise as oil hits $80 per barrel

By A. A. Sanchez | Jan 16, 2025

Oil prices have reached approximately $80 per barrel, resulting in a four-cent increase in the national average price for gasoline, now at $3.10 per gallon.
Banking & Financial Services
Morgan Stanley announces conference call for Q4 and full year 2024 results

By Business Daily | Jan 16, 2025

Morgan Stanley has announced that it will hold a conference call to discuss its fourth quarter and full year 2024 results on January 16, 2025, at 8:30 a.m. Eastern Time.
Banking & Financial Services
Southern California wildfires prompt swift response from insurers

By Business Daily | Jan 10, 2025

The recent wildfires in Southern California have caused significant damage to numerous homes, businesses, and vehicles.
Banking & Financial Services
Morgan Stanley appoints 173 new managing directors across various sectors

By Business Daily | Jan 10, 2025

Morgan Stanley has announced the appointment of 173 new Managing Directors.
Banking & Financial Services
Morgan Stanley invests in ocean data firm XOCEAN through climate equity strategy

By Business Daily | Jan 9, 2025

Morgan Stanley Investment Management (MSIM) has announced that its 1GT private climate equity strategy participated in a €115 million fundraising effort for XOCEAN, a company specializing in ocean data for the offshore energy and civil hydrography...
Banking & Financial Services
Gas prices remain stable as U.S. maintains top global oil production

By A. A. Sanchez | Jan 9, 2025

The national average price for a gallon of gas remains unchanged at $3.06, according to recent data.
Banking & Financial Services
California insurers aid wildfire victims with immediate relief and claim-filing guidance

By Business Daily | Jan 9, 2025

California property insurers are stepping in to support their customers affected by the recent wildfires in the Los Angeles area.
Banking & Financial Services
Carlyle invests $250 million into Norwegian brand house Jordanes

By Business Daily | Jan 6, 2025

Global investment firm Carlyle has announced a strategic capital package of NOK 2,750 million ($250 million) for Jordanes ASA, a leading brand house in Norway.
Banking & Financial Services
E*TRADE releases monthly sector rotation study analyzing S&P 500 stock behavior

By Business Daily | Jan 6, 2025

E*TRADE from Morgan Stanley has published the results of its monthly sector rotation study.
Banking & Financial Services
Yaamava’ Resort and Aurelia join AAA's prestigious Five Diamonds list

By A. I. Benavidez | Dec 30, 2024

The AAA Diamond Program has expanded its Five Diamonds list with the addition of two new properties: Yaamava’ Resort and Casino at San Manuel in Highland, California, and Aurelia at Castle Hill in Newport, Rhode Island.
Banking & Financial Services
Commercial property insurance shows signs of recovery amid challenges

By Business Daily | Dec 19, 2024

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

By Business Daily | Dec 19, 2024

After several weeks of declining, the national average for a gallon of gasoline has increased by two cents, reaching $3.04.
Banking & Financial Services
Insurance Information Institute urges winter preparedness

By Business Daily | Dec 18, 2024

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

By Business Daily | Dec 18, 2024

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

By Business Daily | Dec 16, 2024

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

By Business Daily | Dec 13, 2024

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

By A. A. Sanchez | Dec 12, 2024

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.

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Columbia professor: J.P. Morgan 'facilitated client buying and selling of Bitcoin'
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AIMA Digital Assets Working Group Co-Chair: U.S. crypto investment managers 'facing barriers due to systemic underservicing by banks'