Credit Suisse to Pay $475 Million After Admitting to Fraud in Mozambique Loan
Credit Suisse admitted to fraud while financing an $850 million loan in Mozambique. The SEC statement indicated that the bank misled investors...
Goldman Sachs Partners With American Express to Upgrade Digital Management
Goldman Sachs has partnered with American Express for a cloud-based payment technology system. The technology allows customers to combine many payment platforms...
SumUp Gets Fivestars in a $317 Million Deal
SumUp, a UK-based payments processor rivaling PayPal, has made a $317 million acquisition. The company acquired marketing start-up Fivestars to provide sales...
Standard Chartered CEO Says Crypto Is Here to Stay After Dimon Disses Bitcoin
British investment bank Standard Chartered believes in the future of cryptocurrencies. The bank is positive despite regulations on the nascent asset class...
Wealth Fund in Turkey to Get Majority Stake in Telecom Giant
Turkey's Wealth Fund seeks to acquire a majority stake in the state's second-largest telephone company. This deal has the potential to re-nationalize...
Boutique Chain Profits Soar 300% After Megadeal Roles
Mayfair-based advisory boutique Zaoui & Co profits surge 300% due to the banking brothers' megadeal roles. Since its establishment in 2013, reports...
General Atlantic to Appoint Former HSBC Chief
General Atlantic will appoint Samir Assaf as a Senior Advisor to its global growth equity firm. Assaf will also serve General Atlantic's...
Recovering Deutsche Bank Hires Top Citigroup Dealmaker
Deutsche Bank, in its recovery phase, is making moves and challenging the sector. Their last activity was to hire Citigroup's dealmaker, Jorge...
Barclays Bank in $30m Fintech Fund Deal with VC Anthemis
European VC firm Anthemis will partner with Barclays bank on a female-focused fund deal. The deal involves a mentorship program and investments....
Banco Santander to Return $2 Billion to Shareholders
On 28 September 2021, Banco Santander announced shareholder remunerations from this year's earnings. Banco will return $2 billion to shareholders from the...
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Recent Articles
Increase in Food Prices Becomes the “Latest Global Pandemic”
Over the past few months, food prices have continued to rise steadily in what some analysts have termed the "latest global pandemic."
Seedrs Opens Up Access To Deals With New Private Deal Room
UK-based online investment platform Seedrs launched its new feature called Seedrs Private Deal Room. The part provides sophisticated investors and high net...
Egypt to Impose Controversial Tax on Bloggers
The Egyptian Tax Authority has announced that it would impose a tax on bloggers and YouTubers.
The new...
Climate Analytics Firm Raises $54 M in Funding Round
Jupiter, a climate analytics provider, has recently raised $54 million in a Series C funding round. Clearvision Ventures and MPower Partners co-led...
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Laser hair removal company Milan Laser has announced on 15 October that it has filed to go public with the U.S. Securities...
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GrowGeneration to Acquire Grow Depot
GrowGeneration (NASDAQ: GRWG) announced on Monday Feb. 1 that it has agreed to acquire Maine-based Grow Depot. This acquisition brings the total...
Bancroft Bridge Fund Exits Rubik’s Brand
Bancroft Bridge Fund, which is managed by European PE firm The Bancroft Group, has sold its stake in Rubik's Brand Ltd (RBL)....
Opioid Manufacturer Mallinckrodt Files for Chapter 11 amid Litigations
On October 12, Mallinckrodt plc filed Chapter 11 petitions in the U.S. Bankruptcy Court for the District of Delaware.
LegalZoom Goes Public, On Back of Surge In Revenue
Online legal service provider, LegalZoom has became a publicly traded company. The shares were traded in the Nasdaq Global Select Market under...
Kantar Issued Downgrades Over Its $900 Million Debt Acquisition
Last week, S&P Global and Moody's issued downgrades to Kantar Global Holdings LLC. S&P on June 8 downgraded its issuer credit rating...
