Whites Group

Hightower Advisors | August 25, 2020

Hightower today announced it has made a strategic investment in Stearns Financial Group, a $1.3 billion wealth management firm based in North Carolina with clients nationwide. Established in 1991, Stearns Financial Group (SFG) will leverage Hightower’s operational infrastructure, business owner planning, marketing support, family office and investment management resources to enhance service to new and existing clients. SFG is Hightower’s 6th transaction in 2020. Including this transa...

PAYMENTS, FINTECH

Sunrate | January 05, 2023

As a part of its online travel service, the fintech company SUNRATE has teamed with Visa to offer virtual corporate cards. With the introduction of virtual corporate cards, SUNRATE's travel stakeholders now have a more streamlined and effective method of making payments to their partners, like airlines and hotels. In addition, close to the end of last year, SUNRATE also shared news of a strategic alliance with Agoda, a global digital travel platform. SUNRATE bel...

SoftBank | June 24, 2020

SoftBank has come under renewed scrutiny about its investment strategy but this time it’s about one of the Japanese tech conglomerate’s lesser-known bets. Last year, the company made a 900 million euros ($1 billion) investment in Wirecard, as part of a broader tie-up between the two on digital payments. But that deal has raised eyebrows now due to a deepening accounting crisis at the German payments processor....

Morgan Stanley, E-Trade | February 20, 2020

Morgan Stanley is buying E-Trade in a $13 billion, all-stock deal announced Thursday, bringing more consolidation to the brokerage market and giving the investment bank to the rich a foothold with a more mainstream clientele. The deal, which is the biggest takeover by a major U.S. bank since the 2008 financial crisis, combines Morgan Stanley’s prowess and client-facing resources with E-Trade’s more than 5 million customers, with more than $360 billion in retail trade assets, the comp...