OCC finalizes Fair Lending Rule, forcing banks to lend to politically unfavorable companies
In his last days in office, acting comptroller Brain Brooks finalized the Fair Lending Rule. The new OCC rule will forbid banks...
Challenges in Life Sciences: What 2020 Meant for This Industry
When we compare life sciences and healthcare to other industries, the strategy in the former is much more fragmented. The pricing practices are also relatively unbalanced while the product cycle is quite long as well.
James Woody Explores New Horizons in Enosi Life Sciences
Enosi Life Sciences announced that it has appointed Dr. James Woody as its Executive Chairman. Having immense leadership skills, Dr. James holds over 25 years of experience in the pharmaceutical, venture capital, and biotech sectors. He also possesses medical expertise in antibody therapeutics and oncology.
OCC Approves LendingClub’s Acquisition of Radius Bank
The Office of the Comptroller of the Currency (OCC) approved LendingClub’s acquisition of Radius Bank. The online lender filed the paperwork last...
Life sciences and the state of its job market in the U.S.
The advent of coronavirus has threatened almost every job industry operating in the U.S. This has further affected the job market worldwide while creating a sense of fear among employees. Fortunately, the life sciences industry seems to be immune to the pandemic woes. The global deals within this sector accounted for $467 billion from 2013 to 2020.
Shamrock Holdings Investing in Excel Sports Management
Private equity firm, Shamrock Holdings, has just invested in Excel Sports Agency. This is the first major outside investment for Excel.
The 2021 Private Equity Predictions from PitchBook
As the year comes to a close, PitchBook has begun to make predictions for the new year. Here are their 2021 private equity predictions.
FDIC Releases Rule on ILC Charters that Allows Tech Giants to Become Lenders
The Federal Deposit Insurance Corporation (FDIC) released the much-awaited rule to define the scope of industrial loan companies (ILC). The ruling released...
Decibel Therapeutics Secures $82 Million
Decibel Therapeutics Inc., a Boston-based organization dedicated to treating hearing and balance disorders, is on the verge of another gene therapy breakthrough.
130-Year-Old Tableware Company, Lenox, Bought by PE Firm
Tableware manufacturing company, Lenox, now has new owners. On Monday October 19, private equity firm, Centre Lane, announced that they bought the company.