FirstCaribbean International Bank

Visa | July 29, 2020

Visa Inc. (NYSE: V) has been notified of an unsolicited “mini-tender offer” by Ponos Industries LLC to purchase up to 1 million shares of its Class A common stock, representing approximately 0.06% of Visa’s outstanding shares of Class A common stock. Ponos’ offer price of $210.00 is 9.06% above the closing price of Visa’s Class A common stock on July 10, 2020, the last trading day prior to the date of the offer. While this price is presently above the current market...

PAYMENTS

Deloitte, Volante Technologies | May 26, 2021

The global leader in cloud payments and financial messaging, Volante Technologies, and Deloitte are collaborating to provide customers with a groundbreaking new service that will allow financial institutions to change how they operate their payments market. As part of a larger strategic partnership arrangement, Volante's cloud-based infrastructure platforms for financial firms will also provide Deloitte insight and integration services. Volante and Deloitte's latest...

Wall Street | April 09, 2020

A New York investment firm pitched wealthy investors in recent days on a way to make returns of 22% to 175% using U.S. government programs designed to help Americans keep their jobs and boost the coronavirus-stricken economy, according to a marketing document seen by Reuters. Following questions posed by Reuters, Arcadia Investment Partners LLC, which has about $1 billion under management, said it had put its plans on hold. The idea was in “formative stages” and the firm was not &ldq...

CORE BANKING

BancTrust | May 13, 2022

BancTrust & Co. Investment Bank (BancTrust), a leading global emerging markets investment bank, today announced the launch of BancTrust Securities USA (BancTrust USA), its U.S. broker-dealer affiliate. BancTrust USA is a member of Financial Regulatory Authority (FINRA) and is registered with the Securities and Exchange Commission (SEC). BancTrust USA is based in New York City and will represent BancTrust with U.S. institutional investors and major U.S. institutional investors ...