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Sky Peak Capital Forms Excelus Holdings, One of the Nation’s Leading Independent Precision Manufacturing Platforms
BOSTON--(BUSINESS WIRE)--Sky Peak Capital (“Sky Peak”) today announced the formation of Excelus Holdings (“Excelus”), a scaled precision manufacturing platform created through the combination of Excelus Manufacturing Solutions, D&G Machine Products, and Millennium Precision. With more than 200,000 square feet of combined manufacturing space and over 200 employees, Excelus serves mission-critical aerospace, defense, medical device, power generation, and high-reliability industrial customers....
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Schroders Study Reveals How Retirees Are Responding to the Affordability Crisis
NEW YORK--(BUSINESS WIRE)--More than five years after the onset of the worst US inflation outbreak in a generation, the impact of rising prices continues to trouble retirees. According to Schroders’ 2026 US Retirement Survey, 49% of retirees report that their expenses in retirement are higher than they expected, and more than half (58%) don’t know how long their savings will last. The top five concerns weighing on retired Americans in 2026 include (% at least slightly concerned): Inflation less...
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Wells Fargo to Present at the Bernstein Strategic Decisions Conference
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) said today that Chairman and Chief Executive Officer Charlie Scharf will present at the Bernstein Strategic Decisions Conference on Wednesday, May 27, 2026 at 4:30 p.m. ET. The live webcast will be available online at https://www.wellsfargo.com/about/investor-relations/events. A replay of the webcast will be available for three months following the presentation. About Wells Fargo Wells Fargo & Company (NYSE: WFC) is a lea...
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Stephens Group Announces Exit of IMA Financial Group Via Equity Recapitalization Led by Oak Hill Capital, New Mountain Capital, and HarbourVest
DENVER--(BUSINESS WIRE)--The Stephens Group, LLC (“Stephens Group”) announced today that it has exited its investment in IMA Financial Group, Inc., a North American insurance brokerage firm specializing in risk management, employee benefits and investment advisory services, via the completion of an equity recapitalization transaction. Oak Hill Capital and New Mountain Capital are each taking minority positions, with additional participation from HarbourVest and a select group of prominent insti...
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BitGo presenta una plataforma operativa modular de activos digitales para bancos
NUEVA YORK--(BUSINESS WIRE)--BitGo Holdings, Inc. (NYSE: BTGO) (“BitGo”), la empresa de infraestructura para activos digitales, presentó hoy una plataforma operativa modular diseñada para bancos, creada para ayudar a las instituciones financieras a evaluar, implementar y ampliar capacidades vinculadas a activos digitales dentro de un entorno operativo alineado con requisitos legales, normativos, de riesgo y de gestión operativa. La plataforma integra billeteras de custodia, compraventa, liquida...
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Non-Bank Lenders Close Satisfaction Gap with Banks as Consumer Loan Satisfaction Remains Flat, JD Power Finds
TROY, Mich.--(BUSINESS WIRE)--JD Power: Non-Bank Lenders Close Satisfaction Gap with Banks as Consumer Loan Satisfaction Remains Flat...
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Acumen Financial Advantage Expands Leadership Team, Deepening Commitment to the Credit Union Movement
LA JOLLA, Calif.--(BUSINESS WIRE)--Acumen Financial Advantage expands its leadership team with two new Regional Vice Presidents, deepening its commitment to the credit union movement....
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Lauxera Capital Partners Raises €520 Million Fund II to Scale a New Generation of European Healthtech Leaders
PARIS & SAN FRANCISCO--(BUSINESS WIRE)--Lauxera Capital Partners, a growth-buyout and growth equity firm focused on innovative and fast-growing Healthtech companies, today announced the successful close of its Lauxera Growth II fund at €520 million, surpassing its €500 million hard cap and nearly doubling the size of the firm’s debut fund. Finalized less than 18 months after its first closing, the oversubscribed fund reflects strong support from both returning and new Limited Partners and under...
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BitGo revela modelo operacional modular de ativos digitais para bancos
NOVA YORK--(BUSINESS WIRE)--A BitGo Holdings, Inc. (NYSE: BTGO) (“BitGo”), empresa de infraestrutura de ativos digitais, apresentou hoje um modelo operacional modular pronto para bancos, projetado para ajudar instituições financeiras a avaliar, lançar e expandir recursos de ativos digitais dentro de uma estrutura legal, de conformidade, de risco e operacional estabelecida. O modelo modular reúne carteiras de custódia, negociação, liquidação, staking, stablecoins, gestão de patrimônio, licenciam...
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BitGo Unveils Modular Digital Asset Operating Model for Banks
NEW YORK--(BUSINESS WIRE)--BitGo Holdings, Inc. (NYSE: BTGO) (“BitGo”), the digital asset infrastructure company, today introduced a modular bank-ready operating model designed to help financial institutions evaluate, launch, and scale digital asset capabilities within an established legal, compliance, risk, and operational framework. The modular model brings together custodial wallets, trading, settlement, staking, stablecoins, wealth management, licensing and API infrastructure in a modular o...