Industry News

State Bank of India and largest private sector lender ICICI Bank continue to be domestic systemically important banks, the central bank said Thursday. The Reserve Bank of India classification means their collapse could have a cascading impact on the entire financial system and the economy. This is a repeat of a similar classification for both these lenders, made by the central bank in August last year."/>
RBI retains too big to fail status for SBI, ICICI Bank [Mint, New Delhi]
Navigators Group, Inc. today announced a restructured leadership team for its global claims organization, effective September 1, 2016.. Glen Bronstein has been promoted to the newly created role of Global Chief Claims Officer. Bronstein joined Navigators to lead the U.S. claims organization in May 2013 and has held the role since."/>
Navigators Announces Global Claims Leadership 
OneMain Holdings Inc., America's premier consumer finance company offering responsible and transparent personal loan products, is proud to partner with Scholly, an easy-to-use mobile application that helps students find and apply for college scholarships. Together, they are offering OneMain customers free access to the Scholly app, where they can get the guidance and support they need to find college scholarships. “Attending college is an important step..."/>
OneMain Partners with Scholly to Help Students Attend College
Resource America, Inc., announced today Resource America stockholders, at a special meeting, approved the pending merger of Resource America with a subsidiary of C-III Capital Partners LLC. Approximately 80% of the shares of Resource America common stock that were outstanding as of the record date of June 13, 2016 approved the merger, and approximately 99.8% of the shares of Resource America common stock that were voted approved the merger."/>
Resource America Stockholders Approve Merger With C-III Capital Partners
Sun Life Financial, will present at the Scotiabank Financials Summit in Toronto, ON. To access the live audio webcast, please visit sunlife.com/scotiabank2016. The webcast will be archived on Sun Life's website following the event."/>
Dean Connor, President and Chief Executive Officer, Sun Life Financial, to speak at the 2016 Scotiabank Financials Summit
Stock Yards Bancorp, Inc., parent company of Stock Yards Bank& Trust Company, with offices in the Louisville, Indianapolis and Cincinnati metropolitan markets, today announced that its management will participate in two upcoming investor conferences. On Wednesday, September 7, 2017, James A. Hillebrand, President, and T. Clay Stinnett, Chief Strategic Officer, will attend the Raymond James U.S. Bank Conference in Chicago and participate in meetings with..."/>
Stock Yards Bancorp to Participate in Two Upcoming Investor Conferences
MB Financial, Inc. has closed its acquisition of American Chartered Bancorp, Inc. in a stock and cash transaction valued at approximately USD 449 m, or USD 9.30 per share, MB said. The companies signed a definitive merger agreement last November. Founded in 1987, American Chartered is a privately-held commercial bank focused on serving Chicago's middle-market and emerging middle-market business community."/>
Chicago’s MB Financial Closes USD 449m Acquisition of American Chartered
Fixed Mortgage Rates Unchanged
Everest Re Group, Ltd. announced today that it has finalized the sale of its U.S. crop managing general agent, Heartland Crop Insurance, Inc., to CGB Diversified Services, Inc., for $49 million. In conjunction with the sale, Everest has entered into a strategic long term reinsurance relationship with CGB DS, to provide quota share reinsurance capacity on the combined crop insurance portfolio of the Diversified/Heartland companies. Everest Re Group, Ltd. is a..."/>
Everest Re Group Closes Sale of Heartland to CGB Diversified Services and Enters Reinsurance Relationship for Combined Crop Insurance Portfolio
Allied World Assurance Company Holdings, AG announced today that Dale Chow has been appointed to Senior Vice President, Professional Lines for Allied World Bermuda. In this role, Dale will be responsible for the strategic direction, management, marketing and underwriting of Allied World Bermuda’ s professional lines, which include primary and excess Directors& Officers, Fiduciary, Financial Institutions, primary Employment Practices Liability, Cyber..."/>
Allied World Bermuda Appoints Dale Chow to Senior Vice President, Professional Lines
Nasdaq MarketSite in Times Square. In honor of National Dog Day and in celebration of the upcoming publication from Aperture, Rescue Me: Photographs by Richard Phibbs, Cathy Kaplan, Board Chair and Richard Phibbs, fine art Photographer will ring the Opening Bell. Additionally, dogs from the Humane Society of New York will be in attendance for adoption."/>
Aperture Foundation to Ring The Nasdaq Stock Market Opening Bell
Freshpet, Inc., the first and only fresh, refrigerated pet food brand, will visit the Nasdaq MarketSite in Times Square, in celebration of National Dog Day. In honor of the occasion, Scott Morris, Chief Pet Parent, will ring the Closing Bell. Where: Nasdaq MarketSite– 4 Times Square– 43 rd& Broadway– Broadcast Studio."/>
Freshpet, Inc. (Nasdaq: FRPT) to Ring The Nasdaq Stock Market Closing Bell
IL&FS Transportation Networks Ltd on Thursday said it will sell a road project in Andhra Pradesh to Cube Highways and Infrastructure Pte Ltd, a joint venture between I Squared Capital and International Finance Corp. for Rs.140.37 crore. The annuity-based project--Andhra Pradesh Expressways Ltd-- operates a 75- km four-lane road stretch on NH-7 across Andhra Pradesh and Telangana. APEL has a seven-year operating history."/>
ITNL to sell Andhra Pradesh road asset to Cube Highways [Mint, New Delhi]
Intercontinental Exchange, today celebrates the listing of two new ETFs from First Trust, marking the first time an issuer has utilized the new streamlined generic listing rules approved last month. Launched today on NYSE Arca, the First Trust Horizon Managed Volatility Domestic ETF and First Trust Horizon Managed Volatility Developed International ETF are two actively managed funds that were approved through the new..."/>
First Trust Uses New Generic Listing Standards for the Launch of Two New ETFs on NYSE Arca

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Most Popular Sectors in the News
Sectors Articles in the last 7 days
Consumer Discretionary577 Articles
Information Technology548 Articles
Financials453 Articles
Health Care326 Articles
Industrials326 Articles

Sponsored Financial Commentaries

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact , please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.