Pension

First Busey Corporation and Merchants and Manufacturers Bank Corporation Announce Election Deadline

Retrieved on: 
Tuesday, March 26, 2024
Florida Trend, Culture, Letter, Busey Bank, Pension, M&M, Merchant, Sumitomo Mitsui Banking Corporation, American Banker

CHAMPAIGN, Ill. and OAKBROOK TERRACE, Ill., March 26, 2024 (GLOBE NEWSWIRE) -- First Busey Corporation (“Busey”) (NASDAQ:BUSE), the holding company for Busey Bank, and Merchants and Manufacturers Bank Corporation (“M&M”), the holding company for Merchants and Manufacturers Bank (“M&M Bank”), today jointly announced that the election deadline for M&M shareholders of record to make merger consideration elections in connection with the previously announced merger between Busey and M&M is 5:00 p.m., Eastern Standard Time, on March 29, 2024.

Key Points: 
  • CHAMPAIGN, Ill. and OAKBROOK TERRACE, Ill., March 26, 2024 (GLOBE NEWSWIRE) -- First Busey Corporation (“Busey”) (NASDAQ:BUSE), the holding company for Busey Bank, and Merchants and Manufacturers Bank Corporation (“M&M”), the holding company for Merchants and Manufacturers Bank (“M&M Bank”), today jointly announced that the election deadline for M&M shareholders of record to make merger consideration elections in connection with the previously announced merger between Busey and M&M is 5:00 p.m., Eastern Standard Time, on March 29, 2024.
  • As of December 31, 2023, First Busey Corporation (Nasdaq: BUSE) was a $12.28 billion financial holding company headquartered in Champaign, Illinois.
  • Busey Bank, a wholly-owned bank subsidiary of First Busey Corporation, had total assets of $12.25 billion as of December 31, 2023, and is headquartered in Champaign, Illinois.
  • Busey Bank is honored to be named among America’s Best Banks by Forbes magazine for the second consecutive year.

Intech Investment Management Announces Turnaround Two Years Post-Buyout, as Featured in Pensions & Investments

Retrieved on: 
Wednesday, March 13, 2024
Intech, Investment, PALM, Head, Culture, Crain Communications, Growth, Consultant, Pension

Two years following the management buyout, the company has made strides in reshaping its operations, as recently featured in a prominent article by Pensions & Investments.

Key Points: 
  • Two years following the management buyout, the company has made strides in reshaping its operations, as recently featured in a prominent article by Pensions & Investments.
  • Under the leadership of CEO Jose Marques, Intech has undergone a comprehensive transformation, addressing challenges head-on and pivoting towards a future-focused strategy.
  • Key initiatives have included overhauling the investment team, reducing trading costs, and refining investment models to better align with market dynamics.
  • The firm continues to explore new strategies and opportunities, aiming to stay at the forefront of the investment management industry.

HOOPP delivers 9.38% return in 2023: success bolstered by strong Canadian portfolio

Retrieved on: 
Wednesday, March 13, 2024
Climate change, Plan, Growth, Retirement, Pension, School, Hospital, Research, Health care, Entrepreneurship, Housing, Annual report, Fund, LDI, Pension fund

HOOPP delivered strong returns across many asset classes, including fixed income, public equities, private equity and private credit.

Key Points: 
  • HOOPP delivered strong returns across many asset classes, including fixed income, public equities, private equity and private credit.
  • The strong 2023 return was bolstered by our strong Canadian portfolio.
  • HOOPP is also one of the biggest investors in Canadian bonds, which comprise about half the Canadian portfolio.
  • “HOOPP had a successful year on many fronts and I’m proud of all that the team accomplished,” Wendling said.

Chase Buchanan Wealth Management Partners With Your Overseas Home at Free Virtual Event

Retrieved on: 
Tuesday, March 12, 2024
Pension, Reservation against Cancellation, Financial management, Chase Buchanan, Knowledge, Acquisition, Wealth, Tax, Investment advisory, Insurance

Global expat wealth management and financial advisory team, Chase Buchanan, has joined forces with Your Overseas Home to deliver complementary guidance and information to attendees of a virtual event considering an overseas property purchase.

Key Points: 
  • Global expat wealth management and financial advisory team, Chase Buchanan, has joined forces with Your Overseas Home to deliver complementary guidance and information to attendees of a virtual event considering an overseas property purchase.
  • During the March 2024 event, Chase Buchanan will be exhibiting alongside experts in international property markets, global removals and shipping, visa application processes, and residency requirements.
  • The schedule includes the following slots:
    Each presentation will be delivered by a qualified, experienced Private Wealth Manager based in the local Chase Buchanan office.
  • Chase Buchanan Wealth Management and Your Overseas Home share a common goal of educating, supporting and guiding clients throughout, making the wealth management specialist an excellent addition to the roster of exhibitors at this latest event.

IRHYTHM 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against iRhythm Technologies, Inc. - IRTC

Retrieved on: 
Saturday, April 6, 2024
Class Action Lawsuit, Professional Services, Legal, Zio, Letter, KSF, Risk, District court, Patient, News, Pension, Arrhythmia, Special warfare combatant-craft crewmen, Marketing, FDA, Court, IRTC

This action is pending in the United States District Court for the Northern District of California.

Key Points: 
  • This action is pending in the United States District Court for the Northern District of California.
  • The case is Glazing Employers and Glaziers’ Union Local #27 Pension and Retirement Fund v. iRhythm Technologies, Inc., No.
  • About Kahn Swick & Foti, LLC
    KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms.
  • KSF has offices in New York, Delaware, California, Louisiana and New Jersey.

Jackson’s Joe Caruso Receives Insured Retirement Institute’s Inaugural Rising Star Award

Retrieved on: 
Thursday, April 4, 2024
Professional Services, Thought Leadership, Legal, Insurance, Finance, Consulting, Organization, Conference, Comment, Assistant, Jackson National Life, Retirement, Risk, Conduct, Public policy, Policy, Rising Star Award, Pension, IRI, JXN, Ministry of Labour

Jackson National Life Insurance Company ® (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), today announced that Joe Caruso, J.D., LL.M, Assistant Vice President, Government Relations and Public Policy, received the Insured Retirement Institute’s (IRI’s) 2024 Rising Star Award.

Key Points: 
  • Jackson National Life Insurance Company ® (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), today announced that Joe Caruso, J.D., LL.M, Assistant Vice President, Government Relations and Public Policy, received the Insured Retirement Institute’s (IRI’s) 2024 Rising Star Award.
  • “We are pleased to present this award to Joe in recognition of his leadership and work to advance IRI’s mission and vision,” said Wayne Chopus, President and CEO, Insured Retirement Institute.
  • He is also a participant in several other committees including State Affairs, Standard of Conduct and Retirement Plans and Tax.
  • IRI's rising star award recognizes an emerging leader who shows exemplary service to their profession, colleagues and the insured retirement industry.

NewRetirement Raises $20 Million in Series A Funding to Scale Enterprise Partnerships and Increase Access to Comprehensive Financial Planning

Retrieved on: 
Wednesday, March 27, 2024
Technology, Personal Finance, Insurance, Finance, Fintech, Professional Services, Software, Internet, Asset Management, Social Security, Tax, Pension, General partnership, Knowledge, News, Social, Investment, Progress, API, Financial adviser

NewRetirement , a comprehensive, digital-first financial planning platform for consumers and enterprise partners, today announced that it has closed its Series A round with $20 million in funding.

Key Points: 
  • NewRetirement , a comprehensive, digital-first financial planning platform for consumers and enterprise partners, today announced that it has closed its Series A round with $20 million in funding.
  • Today’s news arrives at a time when access to holistic financial planning is more critical than ever.
  • The majority of Americans – as many as 65%, per Charles Schwab’s Modern Wealth Survey 2023 – have no formal financial plan.
  • Further, while 37% of respondents work with a financial advisor, two-thirds of Americans (66%) believe their financial planning needs improvement, according to Northwestern Mutual’s Planning and Progress Study 2023 .

Equitable Announces New Leadership Appointments

Retrieved on: 
Wednesday, March 27, 2024
Professional Services, Small Business, Insurance, Human Resources, Finance, Consulting, Fairfield University, Congress, Investment management, Slavic studies, Equitable Holdings, Growth, Bähr, Retirement, Prudential, Business administration, European studies, Merrill (company), Education, Policy, Small business, MEP, Head, Ursinus College, Pension, Ameritas, PEPS, FINRA, American Council, ADP, Kais, Financial adviser

Company veteran Jessica Baehr, who served as the Head of Group Retirement since 2021, has assumed a new leadership position as the President of Equitable Investment Management.

Key Points: 
  • Company veteran Jessica Baehr, who served as the Head of Group Retirement since 2021, has assumed a new leadership position as the President of Equitable Investment Management.
  • “Equitable Investment Management is a differentiator for Equitable.
  • Her previous leadership roles also include serving as the Chief Operating Officer for the company’s Life and Employee Benefits businesses and Head of Investor Relations for Equitable Holdings.
  • Prior to Equitable, Baehr started her career in the non-profit sector working in higher education and international development.

Pragmatic Welcomes HRH The Princess Royal to Pragmatic Park for the Opening of the UK's First 300mm Semiconductor Wafer Manufacturing Facility

Retrieved on: 
Wednesday, March 27, 2024
Wearables, Mobile Technology, Other Manufacturing, Environment, Technology, Semiconductor, Other Technology, Manufacturing, Green Technology, IOT (Internet of Things), HRH, Intelligence, UKIB, Internet of things, Recycling, Pension, Princess Royal, Bank, News, Plaque, Carbon, Simon Little, Water, Ecosystem, Avery Dennison, Multimedia, Silicon, Industrial design

Today, Pragmatic Semiconductor was honoured to welcome HRH The Princess Royal to officially open the UK’s first 300mm semiconductor wafer fabrication line (fab) at Pragmatic Park in Durham.

Key Points: 
  • Today, Pragmatic Semiconductor was honoured to welcome HRH The Princess Royal to officially open the UK’s first 300mm semiconductor wafer fabrication line (fab) at Pragmatic Park in Durham.
  • The advanced manufacturing facility produces chips based on Pragmatic’s innovative and unique flexible integrated circuit technology.
  • HRH The Princess Royal was hosted by David Moore, CEO, Pragmatic Semiconductor, with a tour of the clean room and facilities, followed by an unveiling of a site plaque to mark the occasion.
  • Pragmatic Park has capacity to host up to nine fabrication lines, each capable of producing billions of chips per year.

Nicolet National Bank Hires William Bohn to Lead Wealth Management and Private Client Services

Retrieved on: 
Tuesday, March 26, 2024
Banking, Asset Management, Professional Services, Finance, Culture, Investment management, Risk management, Associated, EVP, Marquette University, Insurance, Wealth management, Marquette University Law School, Head, Nicolet Bankshares, Associated Banc-Corp, Pension, Trust, Bohn, Feeding America, NIC, Bellin, National bank, Management

Nicolet National Bank (“Nicolet”), the operating entity of bank holding company Nicolet Bankshares, Inc. (NYSE: NIC), today announced the hiring of William Bohn as Executive Vice President, Wealth Management, Private Client and Trust Services.

Key Points: 
  • Nicolet National Bank (“Nicolet”), the operating entity of bank holding company Nicolet Bankshares, Inc. (NYSE: NIC), today announced the hiring of William Bohn as Executive Vice President, Wealth Management, Private Client and Trust Services.
  • He will report directly to Mike Daniels, Chairman, President, and CEO, overseeing Wealth Management, Retirement Plan Services, Private Client Services, and Trust and Investment Management.
  • “He brings leadership expertise to a Wealth and Private Client team that is growing quickly and will continue to be a key strategic focus at Nicolet.
  • He has successfully led numerous teams, including Wealth Management, Private Client Services, Retirement Plans, and Trust and Investment Services.