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FINTECH

WIPRO AND FIRST HORIZON BANK FORGE A CLOUD-BASED FINTECH FUTURE FOR VIRTUALBANK

Wipro Limited | September 14, 2021

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Wipro Limited, a leading global information technology, consulting and business process services company, has partnered with Tennessee-based First Horizon Bank (FHN) to transform the core banking channels and servicing capabilities of VirtualBank, an established digital bank that FHN inherited from Louisiana-based IBERIABANK as part of the merger completed in 2020. The combined entity’s assets are approximately $87 billion. Wipro worked with six other companies to streamline...

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GLOBAL STOCKS SINK FURTHER ON LINGERING CORONAVIRUS FEARS

Reuters | February 25, 2020

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Stocks across the globe fell on Tuesday to their lowest since mid-December and the benchmark U.S. debt yield was near a record low on lingering concerns about the economic hit of the spread of the novel coronavirus. The yen strengthened against the dollar end euro in a sign trader were in search of relatively safer assets. Countries around the world are stepping up efforts to prevent a pandemic of the flu-like virus that has now infected more than 80,000 people, 10 times more cases than the SARS...

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TD SECURITIES EXPANDS SUCCESSFUL REAL ESTATE BANKING FRANCHISE IN THE U.S.

TD Securities | February 14, 2020

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TD Securities (USA) LLC today announced that principals Michael Coster and Joe Nellis and the advisory team from Kimberlite Group, LLC have joined TD Securities. Kimberlite is a strategic real estate advisory and private capital raising firm based in New York City. "The addition of the Kimberlite team is an exciting opportunity to advance our North American capabilities in real estate investment banking," said Andrew Phillips, Executive Managing Director and Head of Real Estate at TD S...

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S&P 500 CROSSES 3,300 ON UPBEAT MORGAN STANLEY EARNINGS, RETAIL DATA

Morgan Stanley | January 16, 2020

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The S&P 500 crossed the 3,300 mark for the first time and other stock indexes hit record highs on Thursday, as encouraging retail sales data and upbeat Morgan Stanley earnings fueled a rally following the signing of an initial U.S.-China trade deal. The Wall Street bank (MS.N) jumped 7.6% to the top of the S&P 500 after it beat quarterly profit estimates and raised its performance goals, closing out big U.S. lenders’ earnings on a strong note. The sentiment was further lifted by da...

Read More
news image

FINTECH

WIPRO AND FIRST HORIZON BANK FORGE A CLOUD-BASED FINTECH FUTURE FOR VIRTUALBANK

Wipro Limited | September 14, 2021

Wipro Limited, a leading global information technology, consulting and business process services company, has partnered with Tennessee-based First Horizon Bank (FHN) to transform the core banking channels and servicing capabilities of VirtualBank, an established digital bank that FHN inherited from Louisiana-based IBERIABANK as part of the merger completed in 2020. The combined entity’s assets are approximately $87 billion. Wipro worked with six other companies to streamline...

Read More
news image

GLOBAL STOCKS SINK FURTHER ON LINGERING CORONAVIRUS FEARS

Reuters | February 25, 2020

Stocks across the globe fell on Tuesday to their lowest since mid-December and the benchmark U.S. debt yield was near a record low on lingering concerns about the economic hit of the spread of the novel coronavirus. The yen strengthened against the dollar end euro in a sign trader were in search of relatively safer assets. Countries around the world are stepping up efforts to prevent a pandemic of the flu-like virus that has now infected more than 80,000 people, 10 times more cases than the SARS...

Read More
news image

TD SECURITIES EXPANDS SUCCESSFUL REAL ESTATE BANKING FRANCHISE IN THE U.S.

TD Securities | February 14, 2020

TD Securities (USA) LLC today announced that principals Michael Coster and Joe Nellis and the advisory team from Kimberlite Group, LLC have joined TD Securities. Kimberlite is a strategic real estate advisory and private capital raising firm based in New York City. "The addition of the Kimberlite team is an exciting opportunity to advance our North American capabilities in real estate investment banking," said Andrew Phillips, Executive Managing Director and Head of Real Estate at TD S...

Read More
news image

S&P 500 CROSSES 3,300 ON UPBEAT MORGAN STANLEY EARNINGS, RETAIL DATA

Morgan Stanley | January 16, 2020

The S&P 500 crossed the 3,300 mark for the first time and other stock indexes hit record highs on Thursday, as encouraging retail sales data and upbeat Morgan Stanley earnings fueled a rally following the signing of an initial U.S.-China trade deal. The Wall Street bank (MS.N) jumped 7.6% to the top of the S&P 500 after it beat quarterly profit estimates and raised its performance goals, closing out big U.S. lenders’ earnings on a strong note. The sentiment was further lifted by da...

Read More