Finance News

OKLAHOMA CITY--(BUSINESS WIRE)--Oklahoma City's Professional Soccer Club Unveiled as OKC United...

PHOENIX--(BUSINESS WIRE)--Western Alliance Bank (NYSE: WAL) has been named one of Arizona’s “Most Admired Companies” for 2026 by Az Business magazine and BestCompaniesAZ, recognizing the company’s reputation and impact in five areas: workplace culture, innovation, social responsibility, customer opinion and leadership. The annual “Most Admired Companies” awards recognize the contributions and impact that Arizona’s best employers bring to the state. For Western Alliance Bank, the recognition ref...

ATLANTA--(BUSINESS WIRE)--Centurion Foundation today announced the completion of its purchase of Northlake Mall in suburban Atlanta, including an adjacent building formerly occupied by Macy’s. The adjacent J.C. Penney site was not part of this transaction. The $95 million acquisition will transform the mall into a new Northlake Campus for Emory Healthcare, as the Atlanta-based healthcare system becomes its primary tenant through a long-term agreement with Centurion.Emory Healthcare has had a pre...

NEW YORK--(BUSINESS WIRE)--D.A. Davidson & Co. (“D.A. Davidson”) announced today that it served as exclusive strategic and financial advisor to Qolo, Inc. (“Qolo”), a leading provider of modern treasury solutions and payments infrastructure, in connection with its sale to Computer Services, Inc. (“CSI”), a portfolio company of Centerbridge Partners, L.P. (“Centerbridge”), TA Associates (“TA”), and Bridgeport Partners (“Bridgeport”). Qolo’s unified platform provides virtual account managemen...

ATLANTA--(BUSINESS WIRE)--QumulusAI, a neocloud infrastructure provider purpose-built for the AI computing era, today announced that it expects its common stock to begin trading tomorrow, Thursday, July 16, 2026, on the Nasdaq Global Market under the ticker symbol “QMLS.” The direct listing follows the U.S. Securities and Exchange Commission declaring the company's registration statement on Form S-1 effective on July 14, 2026. "Listing on the Nasdaq marks a transformative milestone for QumulusA...

BOSTON--(BUSINESS WIRE)--HarbourVest Partners ("HarbourVest"), a global private markets asset manager, today announced that Brian Taranto has joined the firm as Managing Director and Chief Operating Officer of Global Private Wealth, a newly created role that underscores HarbourVest's continued investment in scaling its global wealth platform. As private markets become an increasingly important component of wealth portfolios, HarbourVest continues to invest in the leadership, technology, and ope...

BOSTON--(BUSINESS WIRE)--HarbourVest Partners (“HarbourVest”), a global private markets asset manager, today announced that Kaitlin May has joined the firm as Managing Director and Head of Product Management, a new role focused on strengthening the way closed-end commingled products are managed, supported, and scaled. In this role, May will oversee the stewardship of HarbourVest’s closed-end commingled product platform, ensuring the firm’s investment offerings are effectively supported and opti...

SARASOTA, Fla.--(BUSINESS WIRE)--Batterymarch Financial Management Founder Dean LeBaron has died at age 92. At its 1980s peak, Batterymarch managed 2.5 percent of all U.S. stocks....

NEW YORK & LONDON & HONG KONG & SINGAPORE & SYDNEY--(BUSINESS WIRE)--The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that it successfully converted assets held at The Depository Trust Company (DTC) into tokens that were then used in real production trades, a notable milestone that marks the largest tokenization production initiative in breadth of use cases, asset classes and number o...

NEW YORK--(BUSINESS WIRE)--Sterlington advised the CEO of Janus Henderson Group Ltd. on the completion of its take-private transaction with an investor group led by Trian Fund Management and General Catalyst Group Management, together with Qatar Investment Authority and other strategic investors. Sterlington advised the Janus Henderson CEO on the transaction and go-forward equity compensation arrangements. Janus Henderson is a global active asset manager, with approximately half a trillion doll...