VTB

FINANCIAL MANAGEMENT,INVESTMENT MANAGEMENT

Miracle Mile Advisors, Karp Capital Management and Corsair | September 17, 2022

Miracle Mile Advisors and Karp Capital Management announced today that they intend to combine, creating an award-winning, national wealth advisory firm with over $4 billion in assets under management serving clients from five main offices. In conjunction with the transaction, the combined company will receive a significant investment from Corsair Capital, a leading private equity firm in the financial and business services industries. The combination and subsequent Corsair investment is expected...

FINANCIAL MANAGEMENT

Fundingo | December 24, 2021

Fundingo joins hands with TValue, the flagship product of TimeValue Software, Inc., over new integration capabilities. The software will be calculating and estimate cash flows faster and easier for firms utilizing Salesforce in the alternative lending market. TValue, the flagship product of TimeValue Software, Inc., is a repayment software that solves complex interest problems faster and effortlessly. TValue software majorly handles balloon payments, fixed principal payments, mult...

Wall Street | March 03, 2020

U.S. stock markets fell sharply on Tuesday on worries that even a half percentage-point cut in interest rates might not be enough to stave off the economic impact of the coronavirus outbreak and halt the worst sell-off in more than a decade. It was the Federal Reserve’s first emergency rate cut since the 2008 financial crisis, underscoring how grave the central bank views the fast-evolving situation. Stocks initially jumped more than 1% on the news, but gains soon petered out as analysts a...

FINTECH

CIBC Innovation Banking, Smart | July 15, 2022

CIBC Innovation Banking is pleased to announce £40 million of growth financing for London-based Smart, a leading retirement technology provider. Smart will use the capital to expand its market growth, accelerate the launch of strategic products, and undertake acquisitions. Smart launched in 2015 with the goal of making pension auto-enrolment and administration simple for businesses and their employees. The company has since expanded to work with financial institutions and go...