Category: Investment Banking

June 4, 2021

Synctera’s ability to haul in so much money probably has something to do with the marquee Silicon Valley name leading the company, CEO and co-founder Peter Hazlehurst, who headed ride-hailing company Uber’s management of global money flows. He left last […]

May 25, 2021

The company says the money will be invested “in new market opportunities”. DailyPay was founded in 2016. Its HQ is in New York and the operations are in Minneapolis. It says it’s on “a mission to build a new financial […]

May 24, 2021

Led by Ribbit Capital, the round also saw participation from existing investor Sequoia Capital. “This latest round caps an incredible 12 months for Vise,” the company says. “Since our Series A round last May, we have increased our assets under […]

May 20, 2021

Much like cryptocurrency’s fluctuation in value, the status of digital assets in the financial services landscape has long been volatile. Some banks, fearing digital assets’ potential to be linked to money laundering and nefarious financing, have remained wary of entering […]

May 18, 2021

Deciens Capital and QED Investors co-led the round, which also featured returning backers Susa Venturea and SaaStr Fund. Targeting banks and financial institutions, Treasury Prime offers automation software which aims to streamline back-office workflows. It provides services for payments, automatic […]

May 10, 2021

The COVID-19 pandemic was an unexpected event that led to an economic recession, causing widespread concern and global shock. The banking industry was not immune to this. According to McKinsey, the problems caused by the pandemic for the banking industry […]

April 28, 2021

LONDON — Deutsche Bank on Wednesday reported a 908 million euro ($1.1 billion) profit for the first quarter, buoyed by continued strong performance in its investment banking division. The bank vastly exceeded analyst expectations for net income of 642.95 million […]

April 27, 2021

HSBC shares jumped 2% after Europe’s largest lender by assets reported first-quarter pre-tax profit that beat estimates but reported revenue was down. Hong Kong-listed HSBC shares traded up 0.44% prior to the earnings release. The London-headquartered bank, which makes most […]

April 19, 2021

LONDON — British digital bank Starling has raised £50 million ($69 million) in funding from Goldman Sachs’ growth equity investment arm. The fresh cash comes on top of a £272 million investment round Starling announced last month that valued the […]

April 16, 2021

Morgan Stanley is set to report first-quarter earnings before the opening bell on Friday. Here’s what Wall Street expects: Earnings: $1.70 a share, 68% higher than a year earlier, according to Refinitiv Revenue: $14.1 billion, 49% higher than a year […]