$478,000 Floating Rate Senior Debt Funding Notes Linked to the Consumer Price Index due February 13, 2030. The Issuer's estimated value of the notes on the Trade Date is $971.06 per $1,000 Principal Amount of notes, which is less than the Issue Price. Neither the Securities and Exchange Commission nor any state securities commission has approved or…
Newswires
U.S. stocks drifted to a mixed close following President Donald Trump’ s latest tariff escalation and after the Federal Reserve hinted interest rates may not change for a while. The S&P 500 ended flat Tuesday in its first trading since Trump imposed 25% tariffs on foreign steel and aluminum. Treasury yields inched higher after Federal Reserve Chair Jerome…
ATLANTA, February 11, 2025- Assurant, Inc., a premier global protection company that safeguards and services connected devices, homes and automobiles in partnership with the world's leading brands, today announced results for the fourth quarter and full-year ended December 31, 2024. "2024 was a testament to the power of our differentiated business model as we…
American International Group, Inc. today reported financial results for the fourth quarter and full year ended December 31, 2024. “Against the backdrop of an extremely challenging natural catastrophe environment, I want to acknowledge the devastating impact of the recent wildfires in California on the families, communities and businesses affected.
Assurant, Inc., a premier global protection company that safeguards and services connected devices, homes and automobiles in partnership with the world’ s leading brands, today announced results for the fourth quarter and full-year ended December 31, 2024. “2024 was a testament to the power of our differentiated business model as we delivered strong results,…
Brighthouse Financial, Inc. announced today its financial results for the fourth quarter and full year ended December 31, 2024. The company reported net income available to shareholders of $646 million in the fourth quarter of 2024, or $10.79 per diluted share, compared with a net loss available to shareholders of $942 million in the fourth quarter of 2023,…
The Distribution Marketing team at Jackson National Life Distributors LLC, the marketing and distribution business of Jackson National Life Insurance Company ® 1, and Jackson’ s Corporate Communications and Responsibility team were honored with several awards in 2024 highlighting the impact and quality of the company’ s marketing and communications…
In addition, certain statements may be contained in our future filings with the Securities and Exchange Commission, in press releases, and in oral and written statements made by Old National Bancorp that are not statements of historical fact and constitute forward-looking statements within the meaning of the Act. There are a number of factors that could…
The bill comes five months after the General Assembly, by veto override, enacted a law prohibiting "payments to the state using Central Bank digital currency or participation by the state in Federal Reserve Branch testing of Central Bank digital currency." Nationally last year, the Financial Innovation and Technology for the 21st Century Act– known as FIT21–…
But their position as the minority party- by a margin of three members in both the House and Senate- has allowed President Donald Trump and billionaire Elon Musk to carry on, so long as Republican members toe President Donald Trump's line. Richard Neal, the ranking member of the House Ways and Means Committee, co-signed a letter to Treasury Secretary Scott Bessent…
WASHINGTON- Over the weekend, some staff members at the Consumer Financial Protection Bureau saw a sign of trouble to come. It was fresh evidence that the agency, which was created to protect Americans from financial fraud, abuse and deceptive practices, was the newest target of Elon Musk and his Department of Government Efficiency, known as DOGE.
However, as Elon Musk's Department of Government Efficiency sweeps into one agency after another with the directive to slash wide swaths of government funding, the new assault on the CFPB has sparked concerns from consumer advocacy groups and Democratic lawmakers about just how far the administration will go this time. "I think everyone assumes this is the…
The U.S. Securities and Exchange Commission is seeking to pause its high-profile lawsuit against the cryptocurrency exchange Binance as the regulator tries to present itself as more crypto-friendly under a new administration. Binance and the SEC filed a joint motion Monday asking for a 60- day stay in a lawsuit the regulator filed with significant fanfare…
The notes are being issued by The Bank of Nova Scotia. The initial estimated value of the notes as of the pricing date is expected to be between $9.21 and $9.51 per unit, which is less than the public offering price listed below. None of the U.S. Securities and Exchange Commission, any state securities commission, or any other regulatory body has approved or…
The securities are the unsecured obligations of Bank of Montreal, and, accordingly, all payments on the securities are subject to the credit risk of Bank of Montreal. If Bank of Montreal defaults on its obligations, you could lose some or all of your investment. The securities are not insured by the Federal Deposit Insurance Corporation, the Deposit Insurance…
AM Best has assigned a Long-Term Issue Credit Rating of“ a-” to the $500 million, 8.125% surplus notes, due February 2045, issued by CSAA Insurance Exchange. The outlook assigned to this Credit Rating is negative. The notes are callable at par any time after 10 years from the issue date, in whole or in part, with 30 days prior notice and prior approval by the California…
A pharmaceutical company and life insurance firm will not receive North Carolina tax incentives for their promised expansions and job creations in the Charlotte region. BestCo in Mooresville and Equitable Financial Life Insurance Co. in Charlotte each failed to meet the requirements to receive Job Development Investment Grant payments, Economic…
FHLBank Chicago expects to report net income of $620 million for 2024 when it files the Form 10- K with the Securities and Exchange Commission next month. In total, FHLBank Chicago provided $168 million in 2024 to support the affordable housing and economic development needs of its members, helping to create thriving communities across Illinois and…
Federal Reserve Chairman Jerome Powell testified on Capitol Hill Tuesday for the first of two hearings this week. Powell told the panel that the Federal Reserve is in no hurry to adjust its monetary policy as it continues towards its goal of 2% annual price growth. The Federal Reserve lowered interest rates by a percentage point last year in a series of…
