Page 14 - Stone Point News Today

Arthur J. Gallagher & Co. today said it has signed a definitive agreement with Cadence Bank to acquire Cadence Insurance, Inc. for $904 million cash.

Steward adds 1st team to IAR-only channel, Allworth Names New CEO, and other news from WEG, EP Wealth, Kestra PWS, Gaddis Premier Wealth Advisors and Pitcairn.

STORY: U.S. stocks closed higher on Tuesday to notch their third straight day of gains, after dovish comments from U.S. Federal Reserve officials pushed Treasury yields lower and investors cautiously...

The S&P 500 gained 0.5% on Tuesday, Oct. 10, 2023, following suggestions that the Fed may adopt a more cautious approach to raising interest rates.

Investors were pleased to see further gains from the stock market.

The 10-year Treasury yield came off its 16-year peak on Tuesday, and was tracking for its steepest single-day drop since August, as trading resumed in the U.S. bond market which had been closed for a holiday on Monday.

Private-equity firm Stone Point is seeking to buy the business in a deal that would free up capital for Truist after a run of midsized bank failures.

(Reuters) - Truist Financial Corp is in talks to sell its insurance brokerage unit to private equity firm Stone Point for about $10 billion, news webs...

Wall Streets main indexes were set for a subdued open on Tuesday as caution prevailed amid escalating tensions in the Middle East, while U.S. Treasury yields retreated following dovish comments from...

The bank is getting a boost as it simplifies its business.