Evolve Bank & Trust said Saturday (Oct. 19) that it is preparing to return funds held at Evolve to Synapse Brokerage end users impacted by the Synapse bankruptcy. To provide information on the reconciliation process and the anticipated timeline for returning funds, Evolve will launch...
It’s one step up and two steps back in the case of Synapse Financial’s bankruptcy, with the court-appointed trustee reporting progress Friday (June 21) in recovering and distributing customer funds. However, serious reconciliation challenges remain, according to the latest status report in the case. Trustee...
June 24, 2024
It’s one step up and two steps back in the case of Synapse Financial’s bankruptcy, with the court-appointed trustee reporting progress Friday (June 21) in recovering and distributing customer funds. However, serious reconciliation challenges remain, according to the latest status report in the case. Trustee Jelena McWilliams told the Central California Bankruptcy Court that partner […]
October 23, 2024
Evolve Bank & Trust said Wednesday (Oct. 23) that it expects to begin returning funds it holds to Synapse Brokerage end users impacted by the Synapse bankruptcy in November. The company launched a website that offers these end users information about the reconciliation process and the process to disburse end user balances held by Evolve […]
October 20, 2024
Evolve Bank & Trust said Saturday (Oct. 19) that it is preparing to return funds held at Evolve to Synapse Brokerage end users impacted by the Synapse bankruptcy. To provide...
