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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.
Banking & Financial Services
Carlyle secures $7.1 billion for third credit opportunities fund

By Business Daily | Dec 12, 2024

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

By Business Daily | Dec 11, 2024

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

By Business Daily | Dec 11, 2024

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

By A. A. Sanchez | Dec 11, 2024

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

By Business Daily | Dec 10, 2024

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

By A. A. Sanchez | Dec 10, 2024

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

By Business Daily | Dec 10, 2024

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

By Business Daily | Dec 9, 2024

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

By A. I. Benavidez | Dec 5, 2024

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

By A. I. Benavidez | Dec 5, 2024

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

By Business Daily | Dec 3, 2024

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

By Business Daily | Dec 3, 2024

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

By Business Daily | Dec 2, 2024

E*TRADE from Morgan Stanley has published its monthly sector rotation study.
Banking & Financial Services
BACÁN Orlando joins prestigious AAA Four Diamonds list

By A. I. Benavidez | Nov 25, 2024

Orlando's BACÁN restaurant has been added to the AAA Four Diamonds list, recognized for its innovative approach influenced by the flavors of the Americas.
Banking & Financial Services
Morgan Stanley outlines key strategies for future-ready family offices

By Business Daily | Nov 21, 2024

Morgan Stanley Wealth Management has released a report highlighting essential focus areas for family offices to drive growth.
Banking & Financial Services
AAA expands fuel price tracking to include electric vehicle charging rates

By A. I. Benavidez | Nov 21, 2024

AAA has announced the inclusion of electric vehicle (EV) charging data on its newly rebranded "Fuel Prices" website, expanding beyond its traditional gasoline price information.
Banking & Financial Services
Morgan Stanley opens new Southeast Asia HQ in Singapore

By Business Daily | Nov 20, 2024

Morgan Stanley has officially opened its new Southeast Asia headquarters in Singapore.
Banking & Financial Services
Survey reveals top risk concerns for insurers in 2024

By Business Daily | Nov 20, 2024

The RiskScan 2024 survey, conducted by Munich Re US in collaboration with the Insurance Information Institute (Triple-I), has identified the primary risk concerns among various stakeholders in the insurance industry.

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