Weekly Recap: 15 Finance Press Releases You Need to See
A roundup of the most newsworthy financial press releases from PR Newswire this week, including GoDaddy's Most Entrepreneurial Cities of 2025 and new AI agents from Workday.
NEW YORK, May 23, 2025 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed.
The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.
1. WesBanco, Inc. Expands Regional Presence with Conversion of Premier Financial Corp.Marking the largest conversion in the bank's history, WesBanco, Inc. announced the successful customer transition of approximately 400,000 consumer and 50,000 business relationships, along with the branding and operations of approximately 70 financial centers, from Premier Financial Corp. to WesBanco. 2. The Most Entrepreneurial Cities of 2025 Prove Size Doesn't MatterNew GoDaddy data reveals unexpected hotspots fueling the United States' entrepreneurial spirit, revealing that both small and large cities are driving innovation. 3. Finastra to Sell Treasury and Capital Markets Division to Apax FundsUpon completion of the transaction, Finastra's Treasury and Capital Markets (TCM) business will be rebranded and operated as a standalone business. With a client base of over 340 financial institutions, TCM is a trusted enabler of risk management, regulatory compliance, and capital markets operations. 4. Workday Unveils Next Generation of Illuminate Agents to Transform HR and Finance Operations"The key to unlocking real business value with AI is to actively reshape the very core of how businesses operate," said Gerrit Kazmaier, president, product and technology, Workday. "Workday is helping our 11,000+ customers in that transformation by leveraging our deep HR and finance expertise to deliver agents that provide measurable business value and empower them to thrive in the future of work." 5. Record-Breaking World Liberty Financial USD1 Stablecoin Unlocks Cross-Chain Capabilities With ChainlinkBacked by short-term U.S. government treasuries, U.S. dollar deposits, and other cash equivalents, the USD1 stablecoin has skyrocketed in record time to eclipse $2 billion in market capitalization. 6. Deloitte: Americans Plan to Travel More This Summer, but Trips May be Less ExtensiveAccording to Deloitte's 2025 Summer Travel Survey, more than half (53%) of Americans surveyed plan to travel and stay in paid lodging this summer, up from 48% last year. Many are making it work by taking more frequent, but shorter, trips. Americans continue to prioritize leisure travel, despite economic headwinds that may send summer travel plans in a new direction. 7. Caregivers Face Lasting Financial, Emotional and Career Impacts, Edward Jones Study FindsTwo in five U.S. adults identify as family caregivers, but there is a lack of support for caregivers nationwide, according to new research from Edward Jones in partnership with Morning Consult and Age Wave. Top financial concerns caregivers face include rising costs and inflation (56%) and inadequate retirement savings (42%). 8. PNC Bank Agrees to Acquire Aqueduct Capital Group to Complement Harris Williams Capabilities"This acquisition is complementary to existing capital advisory capabilities provided through PNC's subsidiary Harris Williams and will enable us to expand our ability to serve the global capital needs of the private equity industry," said Michael D. Thomas, head of Corporate & Institutional Banking at PNC. 9. Fisher Investments Launches Fiduciary.com(TM): A New Resource to Help Investors Better Understand the Wealth Management IndustryFiduciary.com provides investors with straightforward education about what a fiduciary is and isn't, competing standards of care in the industry, and what to look for when hiring a wealth manager. 10. GM enhances loyalty program and unveils new GM Rewards(TM) Mastercard® from BarclaysThe revamped loyalty program is simpler, and the new card provides customers more ways to earn and redeem GM Rewards points across GM brands for new vehicles, services, parts and accessories. 11. Southwest Gas Holdings Announces Launch of Secondary Public Offering of Centuri Holdings, Inc. Common StockSouthwest Gas Holdings, as the selling stockholder, is offering 9,000,000 existing shares of Centuri's common stock. Southwest Gas Holdings expects to grant the underwriters a 30-day option to purchase up to an additional 1,350,000 shares of Centuri's common stock. 12. Introducing CHASM: A Solution to Close the Gender Gap - Powered by the World's Most Successful Men & WomenPowered by an invite-only membership, CHASM is a club of the most successful men and women in the world (each contributing $25,000 annually) that transforms their capital into change by helping women founders thrive. "With CHASM, we're tackling the gender gap in an innovative way -- by not isolating men, but by inviting them in. If 99.9% of the power, money, and influence still sits with men, they need to be part of the solution," says CHASM founder Daniella Pierson. 13. Papaya Global Launches the First Enterprise Platform for Managing and Paying Global Contingent WorkersPapaya's new platform - Contingent OS - is the first enterprise-grade solution built to unify the full external workforce lifecycle. It connects the dots between vendor management systems (VMS), payroll compliance, invoice verification, and instant global payments - enabling true end-to-end orchestration for contingent workforce programs at scale. 14. Synchrony Partners with the Independent Animal Hospital Association (IAHA) to offer CareCredit, Spotlighting Commitment to the Nation's Independent Veterinary HospitalsAs the Independent Animal Hospital Association's (IAHA) preferred financing partner, Synchrony's CareCredit health and wellness credit card will be offered at the association's more than 500 independent animal hospitals in more than 30 states. 15. Vanguard Releases New Book on Forces Shaping the Future Global EconomyThe new book, Coming into View, introduces a groundbreaking, quantitative method in assessing the impact of megatrends on the global economy. The book offers bold new perspectives on the effects of AI, deficits, and demographic shifts for investors, financial advisors, and business leaders.
For more news like this, check out all of the latest finance-related releases from PR Newswire.
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