First Eagle Investment Management

CORE BANKING, FINTECH

J. Safra Group | December 05, 2022

Safra New York Corporation, the parent company of Safra National Bank of New York, announced that it has entered into a definitive agreement to acquire Delta North Bankcorp and its subsidiary, Delta National Bank and Trust ("Delta"). Delta provides private banking and wealth management services to high net-worth clients through its offices in New York and Miami. The acquisition is a strategic extension of Safra National Bank of New York's private banking busine...

Capital Report | June 01, 2020

While it is a cliche to observe that data is the gold of the 21st century, few have considered the role of processing in this metaphor: raw data must be processed to become precious. At the scale of most businesses, the volume of data is too great for human...

Wells Fargo | March 05, 2020

Wells Fargo is not complying with the terms of multiple settlements related to its sales scandal, according to a Congressional report released on Wednesday that also faulted regulators for failing to aggressively enforce the agreements. The U.S. House of Representatives Financial Services Committee released the findings of its year-long probe into the bank ahead of hearings next week that will see its new chief executive, Charles Scharf, and its chair, Betsy Duke, testify before the committee fo...

FINANCIAL MANAGEMENT, FINTECH

BetaNXT and Envision Financial Systems, Inc. | November 28, 2022

BetaNXT, the next wave in wealth management technology and outsourcing solutions, has partnered with Envision Financial Systems, a leading provider of real-time investor recordkeeping solutions, to deliver an integrated brokerage and mutual fund subaccounting solution. Under the terms of the agreement, BetaNXT will offer Envision’s brokerage platform and mutual fund capabilities to customers under a single relationship and support structure. “In listening...