PROVIDENCE, RI – In a move that highlights the intensifying intersection of corporate finance and social activism, Citizens Bank announced on Friday that it will terminate its long-standing financial relationships with two of the nation’s largest private prison operators, CoreCivic and The GEO Group. Both companies are primary contractors for U.S. Immigration and Customs Enforcement…
WASHINGTON, D.C. — The corridors of power in the nation’s capital are no stranger to heated exchanges, but a recent session of the Senate Banking Committee has highlighted a deepening rift between progressive lawmakers and the Federal Reserve’s leadership. At the heart of the controversy is a private, invite-only dinner hosted by Bank of America,…
For decades, the world of private equity—a high-stakes arena involving the acquisition of private companies, leveraged buyouts, and venture capital—was the exclusive playground of institutional investors. Pension funds, university endowments, and the ultra-wealthy had the liquidity and the tolerance for risk required to lock away capital for years in hopes of outsized returns. For the…
By PYMNTS | June 24, 2026 The U.S. Securities and Exchange Commission (SEC) has officially escalated its oversight of the private equity industry, launching a targeted investigation into the use of "continuation vehicles" (CVs). As the private markets continue to expand, regulators are increasingly concerned that these financial structures, once used as niche tools for…
The landscape of commercial aviation in South Florida underwent a seismic shift on Wednesday, June 17, 2026, as PS—the pioneering luxury airport service provider—officially inaugurated its latest facility at Miami International Airport (MIA). Marking a significant expansion for the brand, the opening represents a marriage of mid-century aviation history and ultra-modern travel convenience, offering a…
