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Nigel Pereira


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Cerberus Divests Its 40% Stake in Two German Banks

Cerberus Capital Management leaves German banking in a hard situation earlier this year as it was expecting this to happen later.

Bolt Raises $355 Million In Series E Funding Round

Checkout Technology platform, Bolt, announced $355 Million of Funding from their recent Series-E round with a valuation of $11 billion.

London Stock Exchange Proposes Special Listing To Attract Tech Firms

London Stock Exchange Group (LSEG) has proposed a special listing that may blur the line between private and public companies. According to...

Supply Chain Shortages Rise Amid Green Vehicles Demand

The price of batteries for electric vehicles is expected to surge in 2022, undermining technological and efficiency gains. A...

Citigroup Sells Its Four Consumer Divisions To Singapore’s UOB

Citigroup Inc. will sell its consumer banking businesses in Indonesia, Malaysia, Thailand, and Vietnam to Singapore's United Overseas Bank (UOB). Alongside this,...

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Claire’s Files for IPO, Reviving Previous Plans

Claire's files for IPO, reviving previous plans to do so more than four years ago. The company, backed by Goldman Sachs, sells necklaces,...

Tesco is Opening its First Checkout Store in London

Tesco has opening its first cashless shop in central London where customers can easily buy products...

Owner of Men’s Wearhouse, Jos A. Bank Files for Bankruptcy

Tailored Brands, Inc., the parent company of clothing chains Men's Wearhouse and Jos A. Bank announced this week that it filed for...

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...

Zūm Speeds to Modernise School Transportation by Raising $130 Million

Zūm, a provider of student transportation, has recently raised $130 million in a Series D funding round. This was led by Softbank...