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New York Life Announces Expansion of Its Industry Leading Development Program for Financial Professionals

New York Life Announces Expansion of Its Industry Leading Development Program for Financial Professionals
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New York Life's Impact Investment Initiative Commits $50 million to IMPACT Community Capital in support of affordable housing preservation

New York Life's Impact Investment Initiative Commits $50 million to IMPACT Community Capital in support of affordable housing preservation
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New York Life Donates $300,000 to Help Fight India's COVID-19 Crisis | Coronavirus

NEW YORK (BUSINESS WIRE) May 11, 2021
New York Life, Americaâs largest and most admired 1 mutual life insurer, announced today that it has donated $150,000 to Project Hope and $150,000 to American-India Foundation (AIF) to support COVID-19 relief efforts in India.
âCOVID-19 has negatively impacted all people globally and we are proud to support efforts aimed at stopping the further spread of this terrible virus,â said Ted Mathas, Chairman and CEO. âAs a mutual life insurer, one of our core values is to act with humanity and we hope these contributions help ease the suffering of the people of India.â
Project HOPE is working with local partners and government officials in India to facilitate the rapid procurement and distribution of PPE, oxygen supplies, ICU equipment, ventilators, and other critical items to support the countryâs overwhelmed health care system. Initial plans target five states in India, coordinating with government officia ....

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New York Life Launches $1 Billion Impact Investment Initiative to Address Racial Wealth Gap by Investing in Underserved and Undercapitalized Communities over Next Three Years

1 and most admired
2 mutual life insurer, today announced a $1 billion impact investment initiative with the aim to address the racial wealth gap by investing in underserved and undercapitalized communities over the next three years with a focus on supporting small businesses, affordable housing, and community development. The company will partner with diverse asset managers, federally chartered community development financial institutions (CDFI), and other mission-driven organizations to amplify their efforts on the ground.
“The societal events of the past year have stirred an urgency to address America’s racial disparities, which the Covid-19 pandemic has only made more glaring. Now, more than ever, is the right time to make impact investments that drive change,” said Tony Malloy, chief investment officer at New York Life. “We are focused on investments that seek to not only deliver meaningful societal impacts, but also provide the potential to generate market re ....

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New Data from New York Life Reveals Americans Have Boosted Confidence in Short-Term Financial Goals One Year Since the Start of the COVID-19 Pandemic

Press release content from Business Wire. The AP news staff was not involved in its creation.
New Data from New York Life Reveals Americans Have Boosted Confidence in Short-Term Financial Goals One Year Since the Start of the COVID-19 Pandemic
April 28, 2021 GMT
NEW YORK (BUSINESS WIRE) Apr 28, 2021
New data released today by New York Life found that over the course of the past year, Americans feel more confident in their short-term financial goals, including in the status of their savings and the ability to pay their bills month-to-month. Despite increased confidence in their ability to achieve short-term financial goals, the COVID-19 pandemic has many feeling like their long-term goals are still out of reach. ....

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