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Banking & Financial Services
Morgan Stanley announces MAKERS Class of 2025 honorees

By Business Daily | May 21, 2025

Morgan Stanley Wealth Management has announced the 11 professionals who will join its MAKERS Class of 2025.
Banking & Financial Services
Allstate CFO to speak at William Blair conference on June 5

By Business Daily | May 21, 2025

The Allstate Corporation has announced that its Chief Financial Officer, Jess Merten, will present at the William Blair Growth Stock Conference.
Banking & Financial Services
Insurers respond swiftly after devastating tornadoes hit multiple states

By Business Daily | May 20, 2025

U.S. property, auto, and business insurers are responding to a recent outbreak of tornadoes that have caused significant damage across multiple states.
Banking & Financial Services
Harvey Schwartz to present at Bernstein Strategic Decisions Conference

By Business Daily | May 19, 2025

Carlyle has announced that its Chief Executive Officer, Harvey Schwartz, will be presenting at the 41st Annual Bernstein Strategic Decisions Conference.
Banking & Financial Services
Carlyle launches new energy platform focused on sustainable infrastructure

By Business Daily | May 19, 2025

Global investment firm Carlyle has announced the launch of Revera Energy, an independent energy infrastructure solutions platform.
Banking & Financial Services
Carlyle, SK Capital update tender instructions for bluebird bio stockholders

By Business Daily | May 16, 2025

Carlyle, SK Capital Partners, and bluebird bio have updated their instructions for stockholders in the ongoing tender offer.
Banking & Financial Services
Morgan Stanley announces winners of annual strategy challenge aiding nonprofits

By Business Daily | May 15, 2025

Morgan Stanley has announced the winners of its 16th Annual Strategy Challenge, a pro bono program aimed at helping nonprofits tackle strategic challenges.
Banking & Financial Services
Allstate reports April catastrophe losses totaling $594 million

By Business Daily | May 15, 2025

The Allstate Corporation has reported estimated catastrophe losses for April 2025, amounting to $594 million or $469 million after tax.
Banking & Financial Services
Gas prices increase ahead of summer driving season

By Business Daily | May 15, 2025

Gas prices are on the rise as the summer driving season approaches.
Banking & Financial Services
Morgan Stanley announces dividends on multiple preferred stock series

By Business Daily | May 15, 2025

Morgan Stanley has announced dividends for its preferred stock issues.
Banking & Financial Services
Carlyle finances €280M package for Fitness Park expansion

By Business Daily | May 15, 2025

Global investment firm Carlyle has announced a financing package of €280 million for Fitness Park, the largest "Full Service Best Price" operator and franchisor of fitness clubs in France.
Banking & Financial Services
U.S. P/C insurance reports best underwriting results since 2013 despite looming challenges

By Business Daily | May 15, 2025

The U.S. property/casualty insurance industry reported its best underwriting results since 2013, with a net combined ratio of 96.6 in 2024, according to a report from the Insurance Information Institute (Triple-I) and Milliman.
Banking & Financial Services
bluebird bio amends merger agreement with Carlyle and SK Capital

By Business Daily | May 14, 2025

bluebird bio, Inc., Carlyle, and SK Capital Partners have amended their merger agreement.
Banking & Financial Services
Tender offer for bluebird bio extended by Carlyle and SK Capital Partners

By Business Daily | May 13, 2025

Carlyle and SK Capital Partners have announced an extension of the tender offer to acquire all outstanding common stock of bluebird bio, Inc. The new expiration date is set for one minute after 11:59 p.m., New York City time, on May 28, 2025.
Banking & Financial Services
Allstate provides over $37 billion for customer loss recovery

By Business Daily | May 13, 2025

Allstate's Chief Claims Officer, Mike Fiato, testified before the U.S. Senate to discuss the company's efforts in assisting customers with recovery from unexpected losses.
Banking & Financial Services
Morgan Stanley report highlights trends in private company liquidity planning

By Business Daily | May 12, 2025

Morgan Stanley at Work has released its second edition of the "Liquidity Trends: Perspectives from Private Company Leaders" report, which examines the state of liquidity events among private companies.
Banking & Financial Services
Wildfire insurance access analyzed for underserved California communities

By Business Daily | May 12, 2025

The Insurance Information Institute (Triple-I) has released a new whitepaper addressing the issue of wildfire insurance access in underserved areas of California.
Banking & Financial Services
AAA forecasts record Memorial Day travel despite economic concerns

By Business Daily | May 12, 2025

AAA anticipates a record 45.1 million Americans will travel at least 50 miles from home during the Memorial Day holiday period, spanning from May 22 to May 26.
Banking & Financial Services
Carlyle reports first quarter earnings for fiscal year 2025

By Business Daily | May 8, 2025

Global investment firm The Carlyle Group Inc. has released its unaudited financial results for the first quarter of 2025, ending March 31.
Banking & Financial Services
Gas prices fall as OPEC+ increases oil output

By Business Daily | May 8, 2025

In Washington, D.C., the national average for gas prices has decreased by three cents to $3.15 amid a reduction in demand between spring and summer travel seasons.

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