NEW YORK–(BUSINESS WIRE)–Nevis, the AI operating system for wealth management, today announced its $70 million Series B led by EQT Ventures, bringing total funding to $110 million in two years since founding. New strategic investors in the round include The Charles Schwab Corporation, which serves more than 48 million client accounts, $13 trillion in total client assets and supports more than 17,000 independent RIAs; and QuantumLight, the fund of Revolut founder and CEO Nik Storonsky. All exi

ATLANTA–(BUSINESS WIRE)–Elavon, a wholly owned subsidiary of U.S. Bank and a global payments leader, today announced plans to embed its payments capabilities into SAP’s Digital Payments Add-On and Open Payment Framework applications, helping enterprises reduce the complexity of managing payments across finance, commerce and other core business operations. Elavon also has joined the SAP PartnerEdge program to support the development and delivery of integrated products and services.Elavon has e

OLDWICK, N.J.–(BUSINESS WIRE)– #insurance–AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” (Excellent) to TMHCC (CI) Insurance SPC Ltd. [TMHCC (CI) or the company] (Cayman Islands). The outlook assigned to these Credit Ratings (ratings) is stable.The ratings reflect TMHCC (CI)’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk ma

BOSTON et PARIS–(BUSINESS WIRE)–Berkshire Hathaway Specialty Insurance (BHSI) a annoncé aujourd’hui la nomination de Virginie Pelletier au poste de responsable de la responsabilité civile des dirigeants et des professionnels (E&P) en France. « Virginie apporte à ce poste de direction une expertise approfondie, de solides relations avec les clients et les courtiers, ainsi qu’une approche hautement collaborative », déclare Louis Du Ché, directeur national de BHSI pour la France. « Elle est

LONDON–(BUSINESS WIRE)–  FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: Charles Schwab Investment Management, Inc. (CSIM) in its capacity as investment advisor to clients. CSIM expressly disclaims beneficial ownership of the shares described in this form 8.3. (b) Owner or controller of interests and short positions

MIAMI, Fla. & LONGVIEW, Texas–(BUSINESS WIRE)–Right Lane Industries (“RLI”), a private industrial holding company, today announced that it has completed the acquisition of Capacity Trucks and LayMor from Terex Corporation (NYSE: TEX). Both businesses are headquartered in Longview, Texas and will operate as standalone companies under RLI ownership. Financial terms of the transaction were not disclosed. The acquisition marks RLI’s latest carve-out of a non-core division from a large public indus

ATLANTA–(BUSINESS WIRE)–FBR Solutions, LLC (“FBR”), a national telecommunications infrastructure services provider backed by FVLCRUM Funds (“FVLCRUM”), today announced the appointment of T.W. Shannon to its Board of Directors. Shannon joins FBR at an important point in the company’s growth as it continues expanding its capabilities in network design, engineering, construction, and deployment to meet rising demand for broadband and connectivity infrastructure across the United States. Shannon

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