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Core Insights - Truist Financial Corporation is enhancing its Commercial and Corporate Banking business through strategic hires and appointments to support its nationwide, industry-focused strategy [1][3] - The company aims to attract and retain top talent across major industry verticals to deliver superior solutions to clients [1][3] Company Strategy - Truist is implementing a regional delivery strategy for commercial and middle-market companies while focusing on an industry-centric model for large corporate clients [2] - The company is expanding its coverage in key segments such as Consumer and Retail, Energy and Infrastructure, Financial Institutions, Healthcare, Industrials and Services, Media and Telecom, and Technology [3] Leadership Appointments - Jim Pirouz, appointed head of Corporate Banking in January 2025, has over 30 years of financial services experience and previously led Capital Markets for Truist Securities [4] - New senior leaders include Rob Chesley and Evelyn Kudelski as Co-Heads of the Financial Institutions Group, Benjamin Wright as Head of Industrials and Services, and Laura Chittick as Head of Healthcare [6] Company Overview - Truist Financial Corporation, headquartered in Charlotte, North Carolina, has total assets of $536 billion as of March 31, 2025, and is a top-10 commercial bank in the U.S. [5]

Core Insights - Hanover Community Bank has opened its tenth branch in Port Jefferson, New York, marking a significant step in its strategic growth and commitment to serving the Long Island region [1][4] - The new branch offers a full range of commercial banking services and robust consumer banking services, catering to both businesses and individual consumers [2][4] Company Expansion - The Port Jefferson branch is strategically located to serve the thriving Suffolk County area and is Hanover Bank's second branch in this county [2][4] - This expansion is part of Hanover Bank's broader strategy to deliver tailored, community-focused financial support across Long Island and the New York metropolitan area [4] Services Offered - The new branch provides commercial lending, treasury management, cash flow solutions, checking and savings accounts, personal loans, and digital banking tools [2][4] - Hanover Bank emphasizes a relationship-focused banking approach, aiming to empower local residents and businesses while contributing to long-term economic development [3][4] Community Engagement - The bank is committed to hiring professionals from the communities it serves, reinforcing its dedication to understanding local needs [5] - A formal Grand Opening event will be held to engage with business leaders, residents, and community stakeholders [6] Company Background - Hanover Bancorp, Inc. is the holding company for Hanover Community Bank, which focuses on personalized and efficient banking services [7] - The bank offers a complete suite of financial products, including multi-family and commercial mortgages, residential loans, and business lines of credit [7]

NEW YORK, June 24, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Strategy Incorporated ("Strategy Incorporated" or the "Company") (NASDAQ: MSTR) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Strategy Incorporated investors who were adversely affected by alleged securities fraud between April 30, 2024 and April 4, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/str ...

For second consecutive year, Allegiant wins for its exceptional customer serviceLAS VEGAS, June 23, 2025 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has been named   2025's Best Low-Cost Airline in North America by Skytrax, the international air transport rating organization. This is the second consecutive year Allegiant has won this award.The Las Vegas-based airline received the recognition during Skytrax's World Airline Awards ceremony held at the Paris Air Show in June. Known as the "Oscars o ...

Core Viewpoint - Mortgage REITs offer a double-digit yield, making them appealing to income investors, while the broader REIT sector has faced challenges in recent years [1] Group 1 - Mortgage REITs are traditionally attractive to income investors due to their ability to generate high yields [1] - The REIT sector has been largely inactive in recent years, indicating potential challenges or shifts in market dynamics [1]

Core Insights - True value in investments is derived from growth rather than short-term gains, emphasizing the importance of a long-term perspective [1] - Great businesses provide significant societal value and demonstrate durability, which is a key factor in their valuation [1] - Companies that offer products and services significantly superior to competitors are positioned for substantial growth [1] Business Characteristics - Selection, convenience, and value are critical attributes sought in businesses [1] - Durability acts as a multiplier for value, with a preference for non-cyclical businesses [1] - The ability to innovate and maintain competitive advantages is essential for long-term success [1] Revenue and Structure - Multiple revenue streams and anti-fragile business structures are preferred for resilience [1] - A business's ability to recover from adversity is a strong indicator of its durability [1] - Uniqueness is identified as the primary driver of value [1] Cost and Investment Strategy - Low costs associated with maintaining existing operations allow for high leverage in reinvestment and growth [1] - Minimal marketing expenses are advantageous for sustainable growth [1] - Trust and network effects are valuable indicators of a business's durability [1] Management and Leadership - Effective management is crucial, with a preference for executives whose interests align with the business [1] - Companies led by seasoned CEOs, founders, or family businesses are favored [1] - A culture that empowers employees and attracts talent is indicative of a good business [1] Market Timing and Investment Philosophy - The best investment opportunities arise when negative news is already priced in, revealing true value [1] - Companies that can maintain stability during layoffs and adverse conditions are seen as more valuable [1] - Price movements are influenced by expectations, with a focus on undervalued companies amidst negative sentiment [1]

June 18, 2025 09:00 PM GMT Jonathan.Garner@morganstanley.com +65 6834-8172 China Equity Strategy | Asia Pacific M Idea Focus List Changes – China/HK We add PICC P&C (2328.HK) to our China/HK Focus List and remove Pop Mart (9992.HK) from the list Adding PICC P&C (2328.HK): PICC P&C is China's biggest P&C player with >30% market share. Morgan Stanley China insurance analyst Rick Zhao believes the company will maintain competitiveness in the market due to: 1) a strong balance sheet and healthy book value growt ...

Group 1 - One of the key challenges in retirement-focused strategies is achieving the necessary income or portfolio value goal in a timely manner, such as building a $5,000 monthly income producing portfolio [1] - Roberts Berzins has over a decade of experience in financial management, helping top-tier corporates shape their financial strategies and execute large-scale financings [1] - Berzins has made significant efforts to institutionalize the REIT framework in Latvia to enhance the liquidity of pan-Baltic capital markets [1] Group 2 - Berzins has contributed to the development of national SOE financing guidelines and frameworks for channeling private capital into affordable housing stock [1] - He is a CFA Charterholder and holds an ESG investing certificate, with experience from an internship at the Chicago Board of Trade [1] - Berzins is actively involved in "thought-leadership" activities to support the development of pan-Baltic capital markets [1]

NEW YORK, June 16, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Strategy Incorporated ("Strategy Incorporated" or the "Company") (NASDAQ: MSTR) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Strategy Incorporated investors who were adversely affected by alleged securities fraud between April 30, 2024 and April 4, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra ...