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Morgan Stanley | January 16, 2020
The S&P 500 crossed the 3,300 mark for the first time and other stock indexes hit record highs on Thursday, as encouraging retail sales data and upbeat Morgan Stanley earnings fueled a rally following the signing of an initial U.S.-China trade deal. The Wall Street bank (MS.N) jumped 7.6% to the top of the S&P 500 after it beat quarterly profit estimates and raised its performance goals, closing out big U.S. lenders’ earnings on a strong note. The sentiment was further lifted by da...
nCino | July 08, 2020
As IPO season continues, another venture-backed tech company is moving closer toward going public. This week nCino filed an updated S-1 filing, providing an initial price range for its equity of $22 to $24 per share. Indeed, nCino, a fintech startup that provides operating software to banks, intends to sell 7.625 million shares in its debut, worth $167.75 million to $183 million at those prices. Including shares offered to its underwriters, its haul grows to between $192.9 million and $210...
Financial Management, Fintech
PRnewswire | May 08, 2023
Today, Pinwheel, the market-leading provider of income and employment data engineered for next-generation fintech innovation, launched a customized version of its Deposit Switch 2.0 (DDS 2.0) and Verify products specifically for credit unions and regional or community banks, packaging these tailored offerings as one solution: Pinwheel for Credit Unions. This product was built to require no engineering resources or product integrations, so credit unions can deploy in under a week. ...
Goldman | January 22, 2020
Goldman Sachs sharply curtailed its originations of personal loans last year amid the roll-out of its credit card partnership with Apple, according to the American Banker. The New York banking giant reported on 15 January that it sharply curtailed its originations of personal loans last year amid the roll-out of its credit card partnership with Apple. Goldman Sachs’ personal loans outstanding at the end of 2019 were in the $5 billion range, unchanged from a year earlier. The company starte...
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