Capital Credit Union

INVESTMENTS

PineBridge Investments | June 07, 2022

Global asset manager, PineBridge Investments Ireland Ltd., has announced that it has been appointed as the investment manager for the Parentum PineBridge Latin America Corporate Bond, a UCITS fund domiciled in Luxembourg. PineBridge has also partnered with Administradora General de Fondos Security S.A. (AGF Security) to manage the day-to-day portfolio of over $4 billion. Pine Bridge specializes in active, high-conviction investing. The UCITS fund was established on July 5th, 2016 ...

FINTECH

Quint | June 01, 2021

Global fintech Quint Group is set to join Bruntwood SciTech’s rapidly growing tech community at Glasshouse, Alderley Park. Quint owns and operates a number of fintech businesses which are focused on improving access to credit. The business, which, as well as in the UK, has operations in San Diego, Warsaw, Foshan, Sydney and Cape Town and clients that include major financial services providers like Goldman Sachs, Shawbrook Bank and Admiral, will move its HQ to Glasshouse to s...

Goldman | July 07, 2020

Goldman Sachs sees Wall Street banks suffering from a surge in bad loan provisions and has outlined a grim estimate for a 69% drop in second-quarter earnings. Analysts at the bank wrote in a 7 July note to clients that they see $32bn in set-asides for bad loans for the largest seven American banks this quarter, an increase from about $26bn in the first three months of the year. A trading bonanza, fuelled by virus-driven volatility, has not been enough to outweigh an economic slump, the dr...

FINTECH

Plug and Play, Finastra | March 22, 2021

Finastra, a platform that delivers latest technologies to financial institutions of all sizes across the globe, collaborates with Plug and Play, a global innovation platform to expand its Fusion Fabric platform for open innovation. The Plug and Play platform endorse Finastra to uphold its ultimate goal of helping more Fintechs with the latest innovations in the industry. Finastra sets to build an open platform for businesses, peoples, and communities in the Fintech industry that h...