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Category: Investment banking


Activity, Investment banking

Citi and PNC invest in B2B payments outfit HighRadius

February 15, 2018

Via: Finextra

Citi Ventures and PNC have made strategic investments in business-to-business payments and receivables software provider HighRadius. Terms were not disclosed. HighRadius operates in an area where banks and enterprises recognise that receivables management has to address the 50% of B2B […]


Activity, Investment banking

Top U.S. Banks Are Investing Most in Personal Finance Fintechs

February 13, 2018

Via: Bank Innovation

For all buzz around cryptocurrency and blockchain technology, surprisingly, the top U.S. banks have not been investing as much in these areas as much as one might have thought. The top areas of interest for the major U.S. banks when […]


Activity, Capital and risk, Investment banking, Macroeconomic

Treasury yields climb after U.S. economy posts solid fourth-quarter growth numbers

January 26, 2018

Via: Market Watch

Treasury yields on Friday rose, as investors sold government paper, after a solid reading of U.S. gross domestic product for the fourth quarter. How are Treasurys performing? The yield on the benchmark 10-year Treasury note TMUBMUSD10Y, +1.60% rose 2.6 basis […]


Activity, Corporate banking, Investment banking

US bank gains from the new tax law will start with a lot of red ink

January 8, 2018

Via: CNBC

U.S. bank executives and investors expect a long-term boost from the new federal tax code, but the biggest lenders will first need to book multi-billion-dollar charges that will muddle fourth-quarter results. Banks will adjust deferred tax assets and liabilities to […]


Activity, Investment banking

Wealthfront Raises $75M for its Millennial-Facing Investment Platform

January 5, 2018

Via: Bank Innovation

Automated investing platform Wealthfront has just closed a $75 million round of funding, which will be used to build out its millennial-focused platform, the company announced yesterday. The California-based Wealthfront, which relies on software and algorithms to fuel investments for […]


Activity, Investment banking

Snap shares fall after Cowen downgrades, predicts 30% slide

January 4, 2018

Via: CNBC

Snap shares fell 3 percent Thursday after a Wall Street investment firm found that ad buyers ranked the company lowest relative to other social media networks. Cowen lowered its rating for the photo messenger’s shares to underperform from market perform, […]


Activity, Investment banking, Trading

Need to Know: This ‘left for dead’ investment has blitzed into the new year with a roar

January 3, 2018

Via: Market Watch

The rootin’-tootin’ rally for stocks is not letting up so far in the new year. But the buzz about the market looking overheated hasn’t gone away either. And so the hunt for other promising investments continues as well. Take a […]


Activity, Investment banking, Trading

Bitcoin is a ‘dicey investment’ – why one veteran gold analyst predicts it could burn a lot of investors

December 27, 2017

Via: CNBC

There are dangers lurking in the cryptocurrency market that could burn a lot of investors, according to Michael Dudas, a veteran gold analyst. Dudas, a partner at Vertical Research, refers to the emerging asset class as a “dicey investment” — […]


Activity, Investment banking, Trading

Most Cryptocurrency Investors See It as the Currency of the Future

December 22, 2017

Via: Bank Innovation

Just over half of cryptocurrency investors believe that it will be integrated into the everyday economy in the coming years. According to a recent survey by blockchain platform Waves, 51% of cryptocurrency investors across the world believe this. Further, 90% […]


Activity, Investment banking

Gordon Brothers Finance Agents $25MM Term Loan for Rivet

November 30, 2017

Via: ABF Journal

Australian transportation and logistics company Rivet obtained a financing package, including a term loan from Boston-based Gordon Brothers Finance Company and Gordon Brothers, which refinanced existing facilities and facilitated the ownership transfer and expansion of its business. Rivet CEO Mark […]