Three former executives of Valley Bank, a defunct financial institution based in Moline, Illinois, and the President of Vital Financial Services (Vital Financial), a lending service provider, have pleaded guilty to scheming to defraud the Small Business Administration (SBA) in connection with its programs to guarantee loans made to small […]
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ROSEMONT, Ill., Nov. 01, 2021 (GLOBE NEWSWIRE) — Wintrust Financial Corporation (“Wintrust”) (Nasdaq: WTFC) and its wholly-owned subsidiary, Lake Forest Bank & Trust Company, N.A., today announced they have agreed to purchase approximately $570 million of loans from The Allstate Corporation (NYSE: ALL). The portfolio is comprised of approximately 1,800 […]
LONDON & NEW YORK & TEL AVIV, Israel–(BUSINESS WIRE)–Pyramid Analytics (Pyramid), a pioneering decision intelligence platform provider – next-generation business analytics for the enterprise – announced today that it has closed a Series E funding round of $120 million, bringing the company’s total venture capital raise to more than $200 […]
A startup enabling employees to choose their own benefits raised $4 million from Hoxton Ventures. London-based Juno offers over 5,000 services, from childcare to food delivery, to clients globally. Founder and CEO Ally Fekaiki took Insider through the pitch deck used to raise the funds. A startup that’s curated an […]
The Women’s National Basketball Association has raised $75 million from a group of investors that includes Nike Inc., NKE 0.06% businessman Michael Dell, and former U.S. Secretary of State Condoleezza Rice in an effort to revamp the league. The $75 million infusion is the largest-ever capital investment for a women’s […]
A guerrilla projection by the artist-activist groups Artists for Workers and the Illuminator on the Guggenheim Museum’s facade in 2020. (image courtesy of the Illuminator) Last spring, at the height of the COVID-19 pandemic in New York City, the Guggenheim Museum furloughed 92 employees, projecting a steep shortfall in revenue […]