Target date funds (TDFs) are a core investment option in 401(k) plans, according to a study by the Employee Benefit Research Institute (EBRI) and Investment Company Institute (ICI). TDFs offer age-app...
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The American Property Casualty Insurance Association (APCIA) said it supports reforms to thwart legal system abuse in New York state’s 2027 budget. APCIA praised New York Gov. Cathy Hochul for e...
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During the first four months of 2026, 7,417 new limited liability companies (LLCs) were formed in New Hampshire, an 18 percent year-over-year increase, according to the secretary of state’s office. ...
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Scotiabank is acquiring Maple Financial Holdings, the parent company of MapleMark Bank. "Our acquisition of MapleMark Bank allows Scotiabank to offer FDIC deposit insurance to our clients, which ...
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Synopsys inked a cooperation agreement with Elliott Investment Management and appointed Jesse Cohn to its board of directors, effective June 1. Cohn is a managing partner at Elliott and a member of...
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The Bank of N.T. Butterfield & Son is acquiring CIBC’s 91.7 percent interest in CIBC Caribbean Bank Limited, which serves communities across the Caribbean. Butterfield will maintain both orga...
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The Commodity Futures Trading Commission (CFTC) recently filed a complaint in the U.S. District Court for the Southern District of New York against Swiss resident Michele Spagnuolo, alleging insider t...
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MISMO, the standards organization for the real estate finance industry, released a white paper this week on Fee Standardization in the Mortgage Industry. The paper is designed to showcase how MISMO...
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SoFi Technologies has issued a new bank-issued U.S. dollar stablecoin called SoFiUSD, The stablecoin is now available for SoFi members to buy, sell, hold, and convert directly within the SoFi app. ...
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The board of the Federal Deposit Insurance Corporation (FDIC) approved a notice of proposed rulemaking related to the Bank Secrecy Act (BSA). Specifically, the proposed rule would implement Bank Se...
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