Home Investment Banking IB Industry News

IB Industry News

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.
HSBC to expand operations in China

HSBC To Takeover Its Joint Venture In China

British multinational investment bank HSBC Holdings PLC (LON: HSBA) and State-owned Qianhai Financial Holding are in control of a joint venture (JV)-...

BlackRock Inc. Surpasses $10 Trillion Mark In Asset Management

BlackRock Inc. (NYSE: BLK) became the first public asset manager to hit $10.01 trillion in assets. The company crossed the milestone due...
China published draft new IPO rules

Why China Wants To Tighten Foreign IPO Rules?

The Chinese government plans to restrict overseas public listing of Chinese companies. The China Securities Regulatory Commission (CSRC)...

The Truth About the Rise Of Fintech Start-Ups In Africa

Africa's fintech start-ups have recently registered impressive growth. Many foreign firms are keen to invest in the continent. The...

Misconceptions About Women Working in the Banking Sector

There are always misleading stories about women in the banking industry, and new research sheds light on several key facts around the...

Arena Pharmaceuticals To Be Acquired By Pfizer At 100% Premium

Pfizer Inc. (NYSE: PFE) has agreed to purchase Arena Pharmaceuticals Inc. (Nasdaq: ARNA) for $6.7 billion in a cash deal. The deal...

Whopping $17 Billion Bid for Sydney Airport

Investors have made a $17 billion offer to purchase the gateway to Australia, Sydney Airport (SYD). Once concluded, it...
Tomorrow.io's weather forecast

Weather And Climate Security Platform Tomorrow.io to go Public Soon

Weather and climate security platform Tomorrow.io and Pine Technology Acquisition Corp (PTOC) will get listed on Nasdaq soon.

After Years Of Losses, Deutsche Bank Makes A Comeback

This year, the Frankfurt-based Deutsche Bank AG, a global banking and financial services company, is smiling. After incurring...

Recent Articles

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,...

Most Popular

Blackstone Climbs Up Financial Growth In The Second Quarter 2021

The leading investments management firm, Blackstone Group Inc., on Thursday, 22nd July 2021 reported their 2nd quarter 2021 investor call.

South Africa’s VC Market Strives to Create Growth

With the success of South Africa's VC firms, many are investing in industries and causes where they want to see growth.

Finance of America Closes SPAC Merger

Finance of America (FOA) (NYSE: FOA) went public on Monday April 5 after completion of its special purpose acquisition company (SPAC) merger....

Heineken To Buy Namibia and South African Breweries For $4.6 Billion

Heineken will buy South Africa’s Distell Group Holdings and Namibia Breweries Limited (NBL) for $4.6 billion. Heineken is the world’s second-largest brewer...

Green Energy Lender Renovate America Files for Bankruptcy

Renovate America, a primary lender for the Property Assessed Clean Energy program, filed for bankruptcy on December 22, 2021.