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Vanshika Verma

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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

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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SoFi Recieves Preliminary Approval from OCC for National Banking Charter

Social Finance Inc. (SoFi) received conditional approval to establish a full-service national bank by the OCC on Oct. SoFi, which filed the...

Lunchbox Raises Series A Funding

Lunchbox is an app-based company that focuses on improving online ordering. Recently, they have managed to raise $20 million in a successful...
blank cheque

Banner Acquisition Corp closes IPO

Blank cheque company Banner Acquisition Corp closes their initial public offering.
US Bank buys Union Bank

U.S. Bancorp Acquires MUFG’s Union Bank For $5 Billion

U.S. Bancorp (U.S. Bank) has agreed to buy MUFG's Union Bank for over $5 billion in cash and stock. After this sale,...

Auto-Part Supplier Shiloh Files for Bankruptcy

Shiloh Industries Inc. filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware on Sunday, August 30,...