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Wall Street | February 25, 2020
The S&P erased early-day gains Tuesday, resuming the selloff from a day earlier as some on Wall Street cautioned against buying the dips amid a warning from health authorities about the spread of the coronavirus. The S&P 500 slumped 1.59%, Nasdaq Composite lost 1.21% and the Dow Jones Industrial Average fell 1.60%. "I would continue to resist, as hard as it is, to simply buy the dip," said Mohamed El-Erian, Allianz (DE:ALVG) chief economic advisor, as new outbreaks in Asia, Eur...
Cision PR Newswire | October 21, 2020
Global fintech infrastructure platform Nium and Unifimoney, a San Francisco-based neobank, have entered into a partnership that will enhance the outbound money transfer experience for Unifimoney users. The partnership will expand Unifimoney's capabilities, introducing convenient, secure, and real-time[2] global payment capabilities to customers of Unifimoney. While new technological advances and the continuing inefficiencies of traditional banks have given rise to dozens of neobanks, ...
Provident Financial Services | March 12, 2020
Provident Financial Services, Inc. (NYSE: PFS), the parent company of Provident Bank, and SB One Bancorp (NASDAQ: SBBX), the parent company of SB One Bank, today announced that they have entered into a definitive merger agreement under which Provident will acquire SB One. The combined organization will have approximately $12 billion in assets and will rank as the 3rd largest bank headquartered in New Jersey. The merger brings together two high-performing companies with complementary geogra...
Cision PR Newswire | August 14, 2020
Berkeley Research Group (BRG) and Azimuth GRC are excited to announce the signing of a strategic relationship to deliver unique products to help financial institutions address pain points in their operations and regulatory compliance functions. As a part of the relationship, BRG clients will have access to Azimuth GRC's software platform among a menu of technology service offerings. BRG is the right advisory partner for Azimuth GRC, with its deep background in financial services and forward-...
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