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U.S. SEC PROVIDES 'CONDITIONAL' DISCLOSURE RELIEF FOR FIRMS HIT BY CORONAVIRUS

U.S. Securities and Exchange Commission (SEC) | March 04, 2020

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The U.S. Securities and Exchange Commission (SEC) said on Wednesday that it would give companies affected by coronavirus more time to file certain disclosures. The watchdog said companies affected by the outbreak of the flu-like respiratory disease now have an additional 45 days to file certain disclosures, including quarterly reports. U.S.-listed companies seeking such a delay must explain why the relief is needed, the agency said. It would also consider providing additional extensions for any ...

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GE ENTERS INTO $15 BILLION LOAN AGREEMENT

General Electric Co | April 21, 2020

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General Electric Co (GE.N) entered into a revolving credit agreement for $15 billion, according to a regulatory filing on Monday. The current agreement is set to mature on April 17, 2023 and refinances the company’s prior $20 billion revolving credit facility that was scheduled to mature in May 2021. The reduced loan size is a testimony to a changing bank landscape where companies seek to get better compensated for the risk they take to lend as volatility rattles the markets ...

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Fintech

WIPRO AND FIRST HORIZON BANK FORGE A CLOUD-BASED FINTECH FUTURE FOR VIRTUALBANK

Wipro Limited | September 14, 2021

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Wipro Limited, a leading global information technology, consulting and business process services company, has partnered with Tennessee-based First Horizon Bank (FHN) to transform the core banking channels and servicing capabilities of VirtualBank, an established digital bank that FHN inherited from Louisiana-based IBERIABANK as part of the merger completed in 2020. The combined entity’s assets are approximately $87 billion. Wipro worked with six other companies to streamline...

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Financial Management, Fintech

JG WENTWORTH ACQUIRES FINTECH LENDING PLATFORM FROM STILT INC.

JG Wentworth | December 06, 2022

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JG Wentworth is pleased to announce that it has acquired the digital lending platform from Stilt Inc., a San Francisco-based fintech and personal loan lender. Stilt was backed by leading venture capital firms, raised $322 Million in debt and equity to build a powerful end-to-end digital lending and servicing platform. The acquisition combines JG Wentworth's nationally recognized brand with a state-of-the-art fintech platform, accelerating its entry into the consumer lending space and support...

Read More
news image

U.S. SEC PROVIDES 'CONDITIONAL' DISCLOSURE RELIEF FOR FIRMS HIT BY CORONAVIRUS

U.S. Securities and Exchange Commission (SEC) | March 04, 2020

The U.S. Securities and Exchange Commission (SEC) said on Wednesday that it would give companies affected by coronavirus more time to file certain disclosures. The watchdog said companies affected by the outbreak of the flu-like respiratory disease now have an additional 45 days to file certain disclosures, including quarterly reports. U.S.-listed companies seeking such a delay must explain why the relief is needed, the agency said. It would also consider providing additional extensions for any ...

Read More
news image

GE ENTERS INTO $15 BILLION LOAN AGREEMENT

General Electric Co | April 21, 2020

General Electric Co (GE.N) entered into a revolving credit agreement for $15 billion, according to a regulatory filing on Monday. The current agreement is set to mature on April 17, 2023 and refinances the company’s prior $20 billion revolving credit facility that was scheduled to mature in May 2021. The reduced loan size is a testimony to a changing bank landscape where companies seek to get better compensated for the risk they take to lend as volatility rattles the markets ...

Read More
news image

Fintech

WIPRO AND FIRST HORIZON BANK FORGE A CLOUD-BASED FINTECH FUTURE FOR VIRTUALBANK

Wipro Limited | September 14, 2021

Wipro Limited, a leading global information technology, consulting and business process services company, has partnered with Tennessee-based First Horizon Bank (FHN) to transform the core banking channels and servicing capabilities of VirtualBank, an established digital bank that FHN inherited from Louisiana-based IBERIABANK as part of the merger completed in 2020. The combined entity’s assets are approximately $87 billion. Wipro worked with six other companies to streamline...

Read More
news image

Financial Management, Fintech

JG WENTWORTH ACQUIRES FINTECH LENDING PLATFORM FROM STILT INC.

JG Wentworth | December 06, 2022

JG Wentworth is pleased to announce that it has acquired the digital lending platform from Stilt Inc., a San Francisco-based fintech and personal loan lender. Stilt was backed by leading venture capital firms, raised $322 Million in debt and equity to build a powerful end-to-end digital lending and servicing platform. The acquisition combines JG Wentworth's nationally recognized brand with a state-of-the-art fintech platform, accelerating its entry into the consumer lending space and support...

Read More

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C-Suite On Deck

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Feature market insights and perspectives from top C-Level executives, elite technology influencers and thought leaders from your company here. This signature initiative has garnered immense support...

Contact Us