Retail & Commercial

OCC Paxos

OCC Conditionally Approves Charter for Protego Trust Bank

The Office of the Comptroller of the Currency (OCC) announced on Feb. 5 conditional approval of the conversion of Protego Trust Company,...

Digital Banks lead environmental conservation; incumbents straggle

Digital banks across the globe are leading the environment conservation forefront with  their business models. Digital banks like Ando, Climate First Bank...
Jerome Powell Employment Rates

Fed’s Powell Says Employment Rates Will Stay Low for the Foreseeable Future

Federal Reserve Chairman Jerome Powell on Feb. 10 said that employment rates will stay low for the foreseeable future. Continued aggressive monetary...

BNY Mellon and Mastercard jump on the crypto wagon in fear of missing out

BNY Mellon, the oldest bank of America announced its plans to create a multi-digital asset platform, this past week. The new platform...

N26 eyes an IPO and LatAm expansion after hitting 7 million customers milestone

N26 announced that it has over 7 million active customers on its digital banking platform since its inception in 2013. The German...
Chamath Palihapitiya Clover Health

Clover Health Receives SEC Investigation Notice

Chamath Palihapitiya-backed Clover Health Investments (CLOV) said on Feb. 5 it received a notice of investigation from the Securities and Exchanges Commission...

Quarterly Report: Tariffs and International Trade Agreements, 4th Quarter 2020

As the pandemic ridden year comes to an end in 2020, the U.S. economy closes its balances in a fairly decent shape....

Visa adds Cryptocurrency API to its platform to help banks roll out crypto payments

Visa, the payment giant announced its new cryptocurrency API platform set to launch later in the year. The API platform will integrate...

LendingClub acquires Radius Bank to become first of a kind marketplace bank

LendingClub announced the completion of its acquisition of fintech, Radius Bankcorp Inc. The acquisition makes LendingClub one of the first marketplace bank...

JP Morgan to launch Digital Consumer Bank in the UK in search of growth

JP Morgan Chase plans to launch a digital retail bank in the UK in the coming months. The consumer banking entity will...

Recent Articles

New Chapter 11 Filings, Disclosures: May 3 – May 7, 2021

At least two major companies have either filed for Chapter 11 bankruptcy protection or defaulted on loans during the week of May...
CPI U.S. Inflation

CPI Shows U.S. Inflation Rose to 13-year High in April

The consumer price index (CPI) rose by 0.8% to match its largest monthly increase, the U.S. Labor Department reported on May 12....

Gray Television to Acquire Meredith’s Station Group For $2.7 Billion

Gray Television (NYSE: GTN) announced on Monday May 3 that it has entered a deal to acquire Meredith Corp.'s (NYSE: MDP) local media group...

Code Chain New Continent Limited to Acquire Doo Limited

On Monday April 26, Code Chain New Continent Limited (NASDAQ: CCNC) announced its plan to acquire Filecoin miner Doo Limited. Code Chain...

Stem Cell Biotech Company Talaris Therapeutics Inc files for IPO

The late cell stage cell therapy company, Talaris Therapeutics Inc files for a $100 Million IPO On the 16th of April 2021....

Most Popular

Offshore Oil-and-Gas Driller Noble Corp. Files for Bankruptcy

Noble Corp., an operator of offshore oil-and-gas drilling rigs, filed for Chapter 11 bankruptcy in the Southern District of Texas, on Friday,...

Clinical Ink Acquired By GI Partners in Impactful Deal

Today, GI Partners announced its acquisition of Clinical Ink, a global clinical trial technology company. NovaQuest, an existing investor in Clinical Ink,...

Desktop Metal Acquires EnvisionTEC for $300 Million

On Friday Jan. 15, Desktop Metal (NYSE: DM) announced its intention to acquire EnvisionTEC through a definitive agreement for $300 million. This...
Technology software coding

Thoma Bravo Raises $22 Billion for Three of its Funds

Technology experienced another win during the Covid pandemic. Private equity firm Thoma Bravo, which focuses on technology and software, announced this week...
IPO Stock Market

Traditional IPOs vs. Non-Traditional IPOs

Many companies have sidelined their traditional IPOs this year because of the Covid-19 pandemic. However, other companies that were planning IPOs have...