Investment Banking

Old Glory Bank Goes Public to Fuel Crypto Ambitions
Banking Old Glory Bank Goes Public to Fuel Crypto Ambitions

A US-based digital bank has announced its definitive agreement to become a publicly traded company, a strategic maneuver designed to harness public capital for its aggressive expansion into innovative financial services, particularly the burgeoning cryptocurrency market. Old Glory Bank is set to

Atome Secures $345 Million for Southeast Asia Expansion
Banking Atome Secures $345 Million for Southeast Asia Expansion

The digital finance landscape in Southeast Asia continues its rapid evolution, creating fertile ground for innovative solutions that bridge the gap between consumer purchasing power and modern retail. In a powerful validation of this trend, Singapore-based digital consumer financing platform Atome

Wealth Managers Use the Wrong AI Yardstick
Banking Wealth Managers Use the Wrong AI Yardstick

A significant majority of wealth managers, around 68%, now recognize artificial intelligence as a cornerstone of their strategic future, yet a mere 27% believe their segment is actually leading the charge in its adoption. This stark contradiction has fostered a pervasive sense of inadequacy across

Will a New CFO Fuel Marqeta's Next Chapter?
Trends & Future Will a New CFO Fuel Marqeta's Next Chapter?

With the fintech landscape increasingly prioritizing a clear path to profitability, card-issuing platform Marqeta has made a significant move by appointing Patti Kangwankij, a veteran of both Stripe and JPMorgan, as its new Chief Financial Officer. This decision comes as the company celebrates a

Hg Acquires OneStream in $6.4B AI-Focused Deal
Capital, Risk & Assets Hg Acquires OneStream in $6.4B AI-Focused Deal

With a career defined by sharp analysis of market-moving deals, Priya Jaiswal stands as a recognized authority in the intersection of banking, finance, and technology. Her expertise in portfolio management and international business trends provides a crucial lens through which to view the tectonic

How Can Jefferies Lose $30M and Still Have a Strong Quarter?
Capital, Risk & Assets How Can Jefferies Lose $30M and Still Have a Strong Quarter?

The simultaneous announcement of a multimillion-dollar loss from a fraudulent investment and a near-record quarter for dealmaking revenue presents a striking paradox that speaks volumes about the modern financial industry's complex structure. For investment bank Jefferies, a staggering $30 million

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