Memphis business leader Thomas Garrott dies at 84

Steven Spielberg

Thomas McMurry Garrott, a business-and-finance innovator who expanded the Memphis-based National Bank of Commerce into a major institution and who earned recognition as the “father of supermarket banking,” died Wednesday at the age of 84. Garrott, whose health had received numerous setbacks in recent years, died at Baptist Memorial Hospital of pneumonia, […]

CAIS Snags $1.1 Billion Valuation With Reverence Investment

Steven Spielberg

CAIS, a platform that connects advisors with alternative investments, received a $100 million funding from the private-equity firm Reverence Capital Partners. Dreamstime Text size Reverence Capital Partners has invested $100 million in CAIS, a platform that connects advisors with alternative investments, raising the fintech’s valuation to $1.1 billion. Reverence, a […]

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