Fiera Capital

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. ...

Financial Management, Fintech

PR Newswire | August 08, 2023

Achieve, the leader in digital personal finance, and Cross River Bank ("Cross River") completed the issuance of the first pass-through certificates backed by Achieve Personal Loans, for which CRB Securities, LLC acted as placement and settlement agent. The Achieve Personal Loan Master Pass-Through Trust, Series 2023-1 (APLPT 2023-1) is backed by approximately 1,500 Achieve Personal Loans with an aggregate principal balance of approximately $34.5 million. &qu...

Wall Street | April 20, 2020

Wall Street fell at the open on Monday as energy shares took a hit from a crash in oil prices, with investors bracing for a week packed with earnings reports and economic data that could provide more evidence of the damage wrought by the coronavirus. The Dow Jones Industrial Average (DJI) fell more than 2% minutes after opening down 147.39 points, or 0.61%, at 24,095.10. The S&P 500 (SPX) opened lower by 28.94 points, or 1.01%, at 2,845.62, while the Nasdaq Composite (IXIC) dro...

Nymbus | March 31, 2020

Florida-based digital and core banking solution provider Nymbus has launched a new programme to help financial institutions faster process the loans US government is entrusting them to distribute to small businesses as part of its coronavirus relief package. As part of the $2 trillion Coronavirus Aid, Relief and Economic Recovery (CARES) Act, US president Donald Trump has set aside $349 billion for Small Business Administration (SBA) ‘Paycheck Protection’ loans. These are designed to...