American Banker
DECEMBER 5, 2023
The North Carolina-based bank is considering the idea of selling a portion of its securities portfolio as a way to build capital, CEO Bill Rogers said Tuesday. At the end of the third quarter, Truist's securities were worth about 20% less than what the company paid for them.
PYMNTS
SEPTEMBER 21, 2020
“Some of these people in those crisp white shirts in their sharp suits are feeding off the tragedy of people dying all over the world,” Martin Woods, a former investigator for Wachovia, the North Carolina-based financial services company that was acquired by Wells Fargo & Co., told the news outlet.
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PYMNTS
JULY 2, 2018
Just a few weeks in, the data privacy law that has just taken root in the European Union already has some regulators seeking exemptions around the globe. Pertaining to investigations, the regulation – which took effect on May 25 – places restrictions on the data that can be shared internationally in the “public interest.”
PYMNTS
JANUARY 8, 2019
Flytrex also has plans to expand into North Carolina. However, some people are trying to change those regulations. The money, according to company CEO and Co-founder Yariv Bash, will be utilized to beef up operations and make improvements to the company’s drone services.
PYMNTS
AUGUST 17, 2018
That’s a problem that drone delivery company Flytrex is aiming to solve in partnership with the North Carolina Department of Transportation (NCDOT). The data we’re providing [the FAA will] allow what we’re doing in North Carolina to be possible throughout [the] whole country,” Yap said. We’re at the leading edge.”.
PYMNTS
AUGUST 29, 2019
The company, which is based in both Switzerland and Singapore, has been talking with regulators and petitioned for a capital markets services license, which will allow the firm to offer asset management as a first step into financial services, co-founders Mathias Imbach and Gerald Goh said, according to Deal Street Asia.
PYMNTS
SEPTEMBER 22, 2016
“From an entrepreneur’s standpoint, it removes bureaucracy and regulation upfront, while gauging customer interest, and enables them to focus on product development.”. This may also reduce time on the front end before any regulation missteps occur in the process.
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