Insurance
Goldman Sachs Alternatives Acquires FGI Worldwide
Goldman Sachs Alternatives has acquired FGI Worldwide LLC, a provider of working capital financing and trade credit insurance solutions. The transaction aims
Insurance
AM Best Maintains Stable Outlook for Italy's Non-Life Insurance Segment
AM Best has maintained a stable outlook for Italy’s non-life insurance segment through 2026, with moderating GWP growth and stronger momentum in non-motor lines. Discover the impact of the 2026 Budget Law and key opportunities for reinsurers and insurers.
Banking
Fifth Third Closes Mechanics Bank DUS Acquisition, Joins Elite Group of Fannie Mae Multifamily Lenders
Fifth Third Bancorp (NASDAQ: FITB) has closed its acquisition of Mechanics Bank's Delegated Underwriting and Servicing (DUS®) business line, adding
Insurance
Pelagos Rebrands to Signal Strategic Evolution
Pelagos Insurance Capital, formerly Fidelis Insurance Holdings Limited (NYSE:FIHL), has completed its official rebranding. The legal name change became effective May
Banking
Two Harbors and CrossCountry’s Revised Deal Shows Mortgage Finance Consolidation Is Heating Up
Two Harbors and CrossCountry’s revised $12 per share deal shows how mortgage finance companies are using M&A to build stronger origination and servicing platforms.
Prime Capital Financial Completes Cornerstone Wealth Management Rebrand
Prime Capital Financial has completed the rebrand of Nevada-based Cornerstone Comprehensive Wealth Management, marking the final phase of integration after its 2023 acquisition.