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The business value of social sustainability

CIO

It can help to unlock new markets, attract and retain customers, build trust and credibility, and spark innovation. For instance, the World Bank estimates a $160.2 trillion loss in human capital wealth from gender inequality. Innovation Social sustainability is good for business.

Business 557
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4 perils of being an IT pioneer

CIO

A senior IT leader from a bank confronted this challenge while working with a fintech provider. “We We were building a solution through which a third party could open current accounts on our bank’s behalf. For the technology leader from the bank, it served as a valuable lesson.

IT 523
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Silicon Valley Bank Collapse: Why it Happened and What to Expect

Alpha Sense BI

It’s no surprise that Silicon Valley Bank (SVB) catered to a specific type of startups, venture capitalists, and tech firms. For 40 years, SVB has provided banking services to nearly half of the country’s venture capital-backed tech and life-science companies. Two days is far from what anyone would call a slow fall from grace.

Banking 98
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Mutual of America Capital Management’s MoA Funds Win 10 2024 LSEG Lipper Fund Awards for Best-in-Class Mixed-Asset Target-Date Funds

Wink Intel

NEW YORK , March 14, 2024 /PRNewswire/ — Mutual of America Capital Management LLC (“Capital Management”) is pleased to announce that its target-date series of funds, the MoA Clear Passage Funds , received 10 2024 LSEG Lipper Fund Awards. Capital Management also won best overall small firm in the U.S. .

Capital 40
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FDIC should not sell Silicon Valley Bank assets to Apollo, as long as Apollo’s Athene remains a creditor to the bank’s parent company, says UFCW International Union

Wink Intel

WASHINGTON–( BUSINESS WIRE )–United Food and Commercial Workers International Union is calling on the Federal Deposit Insurance Corporation not to sell Silicon Valley Bank assets to Apollo Global Management [NYSE: APO], as long as Apollo’s insurance subsidiary Athene remains a creditor to SVB Financial Group, the bank holding company. “We

Banking 40
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Brighthouse Financial Announces First Quarter 2024 Results

Wink Intel

First Quarter 2024 Results The company reported a net loss available to shareholders of $519 million in the first quarter of 2024, or $8.22 per diluted share, compared with a net loss available to shareholders of $525 million in the first quarter of 2023. billion, or $39.88 billion, or $126.35 per common share.

Loss 40
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Next Generation of Innovative Insurtech Companies to Join Accelerator

Wink Intel

The OnRamp Insurance Accelerator is an important way for Allianz Life to support entrepreneurial growth and innovation in our industry,” said Chad Virgin, managing director, Allianz Life Ventures, corporate venture arm of Allianz Life. OnRamp Insurance Accelerator 2022 Cohort. . Karl Falk, CEO | kfalk@botdoc.io | botdoc.io.