Civic Financial Services

Wall Street | March 31, 2020

Wall Street’s slide deepened on Tuesday, with the S&P 500 was set for its worst first quarter since 1938 on growing evidence of a largescale corporate damage from the coronavirus pandemic as well as a near collapse in oil prices. The benchmark index was tracking its biggest quarterly decline since the 2008 financial crisis, losing more than $5 trillion in market value, as the health crisis worsened in the United States and brought business activity to a standstill. Real estate stocks. ...

Wells Fargo | March 04, 2020

Ahead of its scheduled congressional hearings in the coming week, Wells Fargo & Co. debuted the concept of two new bank accounts that set limits on the amount of fees that can be charged to customers. One account will limit overdraft fees to once per month and will come with checks, while the other type of account will have no overdraft fees and will not come with checks, Bloomberg reported. The account with limited overdraft fees will come at the cost of $10 a month, while the option withou...

Wall Street | March 20, 2020

Wall Street erased early gains to fall 1% on Friday, as the state of New York ordered all non-essential workers to stay home to curtail the spread of the coronavirus pandemic that has fueled the worst monthly rout in U.S. equities in three decades. California had earlier asked 40 million people to stay indoors as the U.S. death toll from the outbreak topped 200 people. New York state also pleaded for more medical personnel and supplies to treat the virus cases that could overwhelm hospitals. The...

Fintech

Tonik | October 14, 2022

Tonik, the first neobank in the Philippines, claimed the honorable distinction as one of CB Insights' Top 250 most promising fintech companies worldwide. CB Insights, a business analytics platform and global database, releases annually their selection of the top 250 private fintech companies in the world. Selected from over 12,500 organizations, they are chosen based on factors such as funding, marketing potential, tech novelty, and CB Insights' proprietary mosaic scores, ...