Emigrant Bank

Wall Street | April 07, 2020

U.S. stocks are set to push higher at the open Tuesday, continuing Monday’s strong gains, on tentative signs the spread of coronavirus is slowing as well as talk of more funds to support the battered economy. At 7:00 AM ET (1100 GMT), futures for the S&P 500 traded 89 points, or 3.4%, higher, futures for the Nasdaq up 251 points, or 3.1%. The Dow futures contract rose 817 points, or 3.6%. Wall Street closed firmly higher Monday, with all three major cash indices up over 7%, the best se...

Investment Management, Fintech

PR Newswire | August 16, 2023

LoanPro, the market-leading modern lending platform, today announced its strategic minority equity investment in TrueNorth, a leading global financial technology services company. This momentous step further solidifies the strong partnership between the two companies, driving innovation and delivering enhanced value to their customers in the financial services industry. A recent survey by The Financial Brand revealed that 75% of financial institutions plan to increase their inno...

Investment Management, Security and Compliance

Onboard Partners | January 09, 2023

The Kessler Group has changed its name to Onboard Partners. While the company preserves its 40-year history and extensive competence in financial markets, its new name reflects its growth! The rebranding aligns with the company's acquisition. The management team has joined forces with Stone Point Capital to acquire the company from ECN Capital, which purchased it in 2018. The new name represents the company's position not just as advisors and operators but a...

Tesla | February 04, 2020

Tesla’s red-hot run reached new heights Tuesday, as shares surged past $900 in a rally that stunned Wall Street, a dramatic reversal of fortune from the electric vehicle manufacturer’s situation just eight months ago. Shares spiked more than 15 percent in morning trading, just after the automaker closed Monday up 20 percent at a record-high $780. Propelled by better-than-expected quarterly profits and car deliveries, Tesla now has a market cap of $140 billion — nearly three tim...