Search Results for: shareholder value

Structure to Develop Mobile App To Drive DeFi Adoption
DeFi News

Structure to Develop Mobile App To Drive DeFi Adoption

Fintech News Desk
by Fintech News Desk0
Global trading platform Structure, which aims to facilitate crypto-based lending and investing for mobile users, just raised $20 million from investors and from a private sale of its digital currency $STXR. The company will offer decentralized finance (DeFi) crypto-denominated lending outside of traditional banking, as well as investing in tokenized......
Citi to Exit Consumer, SBM Market Banking Operations in Mexico
Banking News

Citi to Exit Consumer, Small Business and Middle Market Banking Operations in Mexico

Fintech News Desk
by Fintech News Desk0
Advances Strategic Goals to Invest in Businesses Aligned with Core Strengths, Simplify Operations and Drive Long-Term Shareholder Value Citi announced that it intends to exit the consumer, small business and middle market banking operations of Citibanamex as part of its strategic refresh. Citi will continue to operate a locally-licensed banking......
Anthony Labozzetta Named President and CEO of Provident Bank
Banking News

Anthony Labozzetta Named President and CEO of Provident Bank

Fintech News Desk
by Fintech News Desk0
Labozzetta succeeds Chris Martin, longtime CEO and Chairman of Provident Provident Bank, a leading New Jersey-based financial institution, has announced that Anthony Labozzetta has been appointed to the position of President and Chief Executive Officer. Labozzetta assumed the role on January 1, 2022. Mr. Labozzetta previously served as Director, President......
SMC Retains Buckman, Buckman & Reid to Provide Investment Banking and Up Listing Advisory Services
Banking Fintech News

SMC Retains Buckman, Buckman & Reid to Provide Investment Banking and Up Listing Advisory Services

Fintech News Desk
by Fintech News Desk0
SMC Entertainment, Inc. and its 100% wholly owned subsidiary Genesis Financial, Inc., a diversified financial services company with a focus on fintech-powered wealth management advisory services, are pleased to announce that they have retained Buckman, Buckman & Reid, Inc. (“BB&R”) to provide investment banking services, help in facilitating a capital......
DigitalBridge Closes Sale of Other Equity & Debt Portfolio to Fortress Investment Group
Investment Services News

DigitalBridge Closes Sale of Other Equity & Debt Portfolio to Fortress Investment Group

Fintech News Desk
by Fintech News Desk0
DigitalBridge Group, Inc. announced it has completed the previously announced sale of the bulk of its Other Equity & Debt (OED) portfolio of real estate assets to Fortress Investment Group LLC (“Fortress”), a leading, diversified global investment manager. “This business and its underlying assets fit perfectly with Fortress’ experience and expertise,......
Customers Bank Rebrands Signaling Future Opportunities
Banking Blockchain News

Customers Bank Rebrands Signaling Future Opportunities

Fintech News Desk
by Fintech News Desk0
Customers Bank, a digital-forward top 100 bank in the nation with $20 billion in assets, experienced exponential growth over the last two years as a result of participating in approximately 347,000 Paycheck Protection Program loans with an aggregate value of $10 billion and the launch of its blockchain-based real-time payments......
NextPlay Technologies Appoints Terry Gardner and Farooq Moosa to Board of Directors
Business Digital News

NextPlay Technologies Appoints Terry Gardner and Farooq Moosa to Board of Directors

Fintech News Desk
by Fintech News Desk0
NextPlay Technologies, Inc., a technology solutions company building a digital business ecosystem for digital advertisers, consumers, video gamers and travelers, has appointed two independent directors, Edward “Terry” Gardner, Jr., and Farooq Moosa, to its board of directors. Following the appointments, the board is now composed of 10 members. “We welcome Terry and Farooq to......
RingCentral Announces $100 Million Share Repurchase Authorization
Fintech News

RingCentral Announces $100 Million Share Repurchase Authorization

Fintech News Desk
by Fintech News Desk0
RingCentral, Inc., a leading provider of global enterprise cloud communications, video meetings, collaboration, and contact center solutions, announced that its Board of Directors has authorized a share repurchase program under which RingCentral may repurchase up to $100 million of its outstanding Class A common stock. Latest Fintech Insights: SVB Financial Group......
John Hancock Closed-end Funds Announce Renewal Of Share Repurchase Plans
Banking Fintech News

John Hancock Closed-end Funds Announce Renewal Of Share Repurchase Plans

Fintech News Desk
by Fintech News Desk0
John Hancock Financial Opportunities Fund (NYSE: BTO), John Hancock Hedged Equity & Income Fund (NYSE: HEQ), John Hancock Income Securities Trust (NYSE: JHS), John Hancock Investors Trust (NYSE: JHI), John Hancock Premium Dividend Fund (NYSE: PDT), John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD), and John Hancock Tax-Advantaged Global Shareholder......
Remark Holdings Receives $30 Million of Debt Financing from Mudrick Capital
Fintech News

Remark Holdings Receives $30 Million of Debt Financing from Mudrick Capital

Fintech News Desk
by Fintech News Desk0
Remark Holdings, Inc., a diversified global technology company with leading artificial intelligence (“AI”) solutions and digital media properties, announced a $30 million debt financing deal with Mudrick Capital Management, L.P. The financing will be used to pay off certain debts and liabilities, provide working capital for existing projects, and to fund new......
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