Category: Investment Banking

May 21, 2020

The investment is part of a bigger strategic partnership which will see the US card issuer giant co-create data products with the cloud-based firm. The move is part of Visa’s wider play to provide its users with better access to […]

May 20, 2020

U.S. stocks have rallied sharply since the March tumble, while bond yields are deeply depressed, hovering near all-time lows, but, in a recent analysis, Peter Berezin, chief global strategist for BCA Research, lays out a straightforward — if bleak — […]

May 18, 2020

The development was first revealed in a tweet by the publication’s senior correspondent, Charles Gasparino, saying that sources told him Goldman Sachs’ “weakening biz model” would “force a merger.” The report highlights that the need for Goldman to grow, particularly […]

May 6, 2020

The fresh capital comes from eight heavy weight investors including Citi, Deutsche Bank, HSBC, JP Morgan, State Street, Clearstream, and Computershare. All eight investors are in the fintech’s newly created consortium. The fintech says it will use the backing to […]

April 16, 2020

Investors are sticking to the mantra of follow the Fed – buying any securities and assets eligible for the central bank’s asset purchasing and emergency lending programs set up to combat the coronavirus pandemic. Analysts say one of the clearest […]

April 14, 2020

The open banking firm finalised the first stage of its Series A back in September 2019, securing $10 million it plans to use in an ongoing expansion into Southeast Asia and the US. A value has not been placed on […]

March 24, 2020

With the federal-funds rate going to near zero, energy stocks collapsing alongside the price of oil, and stock market volatility roaring, the bank stocks have been crushed. Two months ago Citigroup (C) – Get Report, Morgan Stanley (MS) – Get […]

March 2, 2020

Wharton School finance professor Jeremy Siegel said the U.S. could suffer a near-term recession because of the negative economic impact from the fast-spreading coronavirus. “We could really have a short, quick recession,” Siegel said on CNBC’s “Squawk Box.” “There’s a […]

February 24, 2020

Financial stocks were slumping Monday as investors reacted to the spread of the coronavirus, which now has been found in more than two dozen countries. The Financial Sector SPDR Fund (XLF) – Get Report was down 2.6% to $29.97. Treasury […]

February 17, 2020

With a focus on ecommerce, health care – presumably including the increasingly popular ‘healthtech’ – and fintech companies, the capital is part of the investor’s efforts to support around 650 firms across LatAm with a total Vision Fund of $5 […]