Latest finance & investment news and updates
A $10 million investment by Northern Trust and Hawaiʻi Community Lending will enable zero-down mortgages for Native Hawaiians on Hawaiian Home Lands, providing an opportunity for financial stability and homeownership within the community.
Bank of Hawaiʻi's new Lahaina branch is a symbol of the bank's and the community's recovery efforts after the 2023 wildfires, along with a $100,000 donation from its foundation to support residents at risk of foreclosure, as reported by [Maui Now](https://mauinow.com/2025/05/12/bank-of-hawai%ca%bbi-opens-newest-branch-in-lahaina-its-foundation-donates-100k-to-support-residents/).
The recent U.S.-China trade agreement has spurred gains in the S&P 500 and Nasdaq, creating a positive outlook for investors and businesses in Hawaii. The local economy, especially the tourism sector, could benefit from the stability this deal may bring, prompting investment opportunities and increased returns.
Central Pacific Bank has appointed Mike Vanderhoff as Senior Vice President and Division Manager of Central Pacific Investment Services, bringing 25 years of experience in wealth management. This strategic move underscores CPB's focus on expanding financial services in Hawaii, potentially benefiting local entrepreneurs and investors.
University of Hawaii economists predict a mild recession for the state due to federal policy impacts on tourism, employment, and personal income, which could significantly affect Hawaii's business landscape and investment strategies.
Hawaii is poised to receive a $700 million settlement from pharmaceutical companies due to a legal battle over the blood thinner Plavix. This significant financial infusion presents a unique opportunity for Hawaii to invest in infrastructure and social programs, but must be handled cautiously to avoid economic instability.
Hawaiian Electric Industries (HEI) reported a smaller Q1 profit despite asset sales, but claims its finances are the strongest since the Maui wildfire. This is critical for businesses and investors given the $2 billion wildfire liability the utility faces.
Hawaii secured a $700 million settlement in a case involving mislabeled blood thinners, which will likely influence state finances and investment strategies, impacting various business sectors and investment outlooks.
Hawaii is receiving $700 million from settlements with drug companies, designed to offset potential federal budget cuts and stimulate economic growth, sparking opportunities for investment and development.
Hawaii secured a $700 million settlement from pharmaceutical companies Bristol Myers Squibb and Sanofi related to the blood thinner Plavix, marking a significant financial boost for the state, with potentially broad implications for investment, businesses, and the economy.
The U.S. Senate’s setback on stablecoin legislation creates uncertainty impacting Hawaii investors and businesses considering cryptocurrency. This will likely necessitate a cautious approach to digital asset investments while stakeholders await greater regulatory clarity.
Proposed changes to federal tax policies by former President Donald Trump, including increases to the top tax rate and closing loopholes, could significantly impact Hawaii's financial markets and investment strategies. This news highlights the need for local entrepreneurs and investors to understand and prepare for potential tax reforms.
Grant Kubota of Morgan Stanley's Honolulu office has been named to Forbes' Best-in-State Wealth Advisors list for the eighth year, highlighting his expertise and the strength of Hawaii's financial sector.
American Savings Bank's new Lahaina branch opening boosts West Maui, offering vital financial resources, investment opportunities, and committing to community recovery.
The University of Hawaii forecasts a mild recession for the state, primarily caused by the influence of federal policies on crucial sectors. This will necessitate that Hawaii's entrepreneurs, investors, and professionals proactively reassess their operational strategies and financial plans.
American Savings Bank and the Federal Home Loan Bank of Des Moines have awarded $625,000 to six Hawaii nonprofits, with a focus on affordable housing, financial education, and Lahaina recovery efforts, underscoring the financial sector's commitment to community development.
Bitcoin's value has surged past $100,000, potentially reshaping investment strategies in Hawaii's financial sector. This development presents both opportunities and risks for investors and entrepreneurs within the state.