Thu.Apr 25, 2024

article thumbnail

Paystand acquires Teampay to be DeFi version of ‘Venmo for B2B payments’

TechCrunch: M&A

“Teampay represents this new class of fintech companies that came up,” said Paystand CEO Jeremy Almond. © 2024 TechCrunch. All rights reserved. For personal use only.

article thumbnail

Is Public Finance In Your Blood?

H. Friedman Search

As we approach the middle of the second quarter, I find myself asking if there is a litmus test I can apply to my candidates. Is there one thing they each have in common, so that when I am talking to someone I know I can help them? Is there one thing that sets them apart from any other candidate – whether they are at a small, boutique law firm or a large, bulge-bracket investment banking firm?

Finance 197
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

SEC Wins Trial Involving First-Ever Shadow Trading Case

JD Supra: Mergers

On April 5, 2024, a federal jury in the Northern District of California found defendant Matthew Panuwat liable for insider trading in the Securities and Exchange Commission’s (“SEC”) first-ever case involving the so-called “shadow trading” theory of insider trading.

Trading 177
article thumbnail

Fraudulent Transfers: 7th Cir Holds Section 546(e) Safe Harbor Applies to Private Deals

Deal Lawyers

Section 546(e) of the Bankruptcy Code provides a safe harbor from constructive fraudulent transfer claims for transfers that are settlement payments or payments related to a securities contract, when those transfers are “made by or to (or for the benefit of) … financial institutions.

article thumbnail

Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

article thumbnail

UK Takeover Panel Proposes Narrowing the Scope of Companies Subject to the Takeover Code

JD Supra: Mergers

On 24 April 2024, the UK Takeover Panel (the Panel) published Public Consultation Paper 2024/1 (the PCP), which proposes a significant change to the applicability of the UK Takeover Code (the Code), by narrowing the scope of companies to which the Code applies.

More Trending

article thumbnail

Court of Appeals Clarifies New York’s Approach to “Successor Jurisdiction”

JD Supra: Mergers

On April 18, 2024, the New York Court of Appeals (New York’s highest appellate court) issued a decision in Lelchook v. Société Générale de Banque au Liban SAL, N.E.3d , 2024 WL 1661460 (Apr. 18, 2024) in which it held that an entity that acquires all of the assets and liabilities of another entity also acquires the selling entity’s jurisdictional status for claims arising out of the seller’s liabilities.

IT 167
article thumbnail

A Five-Phase Strategy for Embracing Industry 4.0 with Cisco

Cisco: M&A

Embark on the Industry 4.0 revolution, where AI and ML supercharge automation and data analytics blend with robust cybersecurity and human-machine collaboration.

article thumbnail

Fast Five: Important Law and Policy Updates for US Health Care Transactions

JD Supra: Mergers

With the end of the first quarter of 2024, we highlight five developments, changes, or challenges that health systems, hospitals, nursing homes, clinics, physician practices, health insurers, and other health care providers, companies, and investors may face when entering into health care transactions in the US market.

article thumbnail

Here’s a full recap of CNBC’s 2024 Stock Draft: Charlotte Flair likes IBM, Eddie George picks Apple

CNBC: Investing

Here’s a full recap of CNBC’s 2024 Stock Draft: Charlotte Flair likes IBM, Eddie George picks Apple.

Stock 115
article thumbnail

Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.

article thumbnail

Complying with Rule 506(c): Investor Verification Methods Explained

JD Supra: Mergers

If an issuer of a securities wishes to generally advertise their private offering of securities, they can do so under Rule 506(c) of Regulation D of the Securities Act of 1933, which would exempt the offeror from registration under the Investment Company Act.

Investors 167
article thumbnail

Microsoft earnings are coming up. Here’s what traders are looking for in the report

CNBC: Investing

The software and cloud company is set to report its fiscal third-quarter results Thursday afternoon.

IT 110
article thumbnail

European Commission’s First-Ever Abuse of Dominance Probe for Shelving of a Novel Pipeline Therapy

JD Supra: Mergers

The European Commission (EC) has launched a formal investigation under its abuse of dominance rules into US life sciences company Zoetis in the area of novel veterinary medicines. The EC alleges that the discontinuation of a pipeline therapy by Zoetis was exclusionary conduct preventing the launch of a rival therapy that could have been brought to market by a third party in Europe.

IT 161
article thumbnail

Wall Street stands by Meta even as costs rise and the stock sells off, cites AI leadership

CNBC: Investing

Wall Street analysts are standing by Meta Platforms despite Thursday's sell-off.

Stock 117
article thumbnail

How Embedded Analytics Gets You to Market Faster with a SAAS Offering

Start-ups & SMBs launching products quickly must bundle dashboards, reports, & self-service analytics into apps. Customers expect rapid value from your product (time-to-value), data security, and access to advanced capabilities. Traditional Business Intelligence (BI) tools can provide valuable data analysis capabilities, but they have a barrier to entry that can stop small and midsize businesses from capitalizing on them.

article thumbnail

Finance in Focus: Fostering a Forward-Thinking Practice

JD Supra: Mergers

In this edition of V&E+, Vinson & Elkins Partners Caitlin Turner and Lucy Jenkins sit down for a conversation on the firm’s thriving Finance practice, the market trends they’re watching, and the career principles they live by.

Finance 155
article thumbnail

Stocks making the biggest moves premarket: Meta Platforms, Honeywell, Merck, Southwest Airlines and more

CNBC: Investing

These are the stocks posting the largest moves in premarket trading.

Stock 123
article thumbnail

Amendments to DGCL Proposed After Chancery Decisions on M&A Practice and Stockholder Agreements on Corporate Governance Rights

JD Supra: Mergers

The Council of the Corporation Law Section of the Delaware State Bar Association has proposed amendments to the Delaware General Corporation Law that, if enacted by the General Assembly, will address issues raised in three recent high-profile Delaware Court of Chancery decisions regarding the validity of stockholder agreements on corporate governance rights, the process required to approve merger agreements, and corporations’ ability to contract for “lost-premium damages” in merger agreements.

article thumbnail

7 Tips to Start Your Retirement Planning

Global Banking & Finance

7 Tips to Start Your Retirement Planning Planning for retirement is an exciting time, but you must make sure you’re ready and you have all your affairs in order before walking into the golden sunshine.

article thumbnail

Embedding BI: Architectural Considerations and Technical Requirements

While data platforms, artificial intelligence (AI), machine learning (ML), and programming platforms have evolved to leverage big data and streaming data, the front-end user experience has not kept up. Holding onto old BI technology while everything else moves forward is holding back organizations. Traditional Business Intelligence (BI) aren’t built for modern data platforms and don’t work on modern architectures.

article thumbnail

Airing Of Grievances: FAR Council Invites Novation Comments

JD Supra: Mergers

Is it finally time to fix the outdated, incomplete, and often misunderstood novation regulations? Maybe. On April 5, 2024, the FAR Council released a Notice and Request for Comments requesting comments from federal contractors related to novation and change-of-name agreements under FAR 42.12. In particular, the FAR Council asks contractors to weigh in on whether the collection of contractors’ information under FAR 42.12 is necessary for the proper performance of the functions of federal.

article thumbnail

Mining Giant BHP Makes $39 Billion Bid for Rival Anglo American

The New York Times: Mergers, Acquisitions and Dive

The deal would create one of the largest copper miners at a time when demand is soaring for the metal used for many green technologies.

article thumbnail

Combating liquidity challenges in Europe requires caution especially when considering alternative means of trading

The TRADE

The creation of private rooms where members can trade bilaterally behind closed doors and the impact this would have on liquidity was a key theme addressed at TradeTech Europe 2024, with panellists discussing whether such methods can be considered fair and equitable. James Baugh, TD Cowen “We’re not talking about multilateral trading opportunities.

Trading 69
article thumbnail

Thursday's analyst calls: Meta earnings reaction, auto giant to rally more than 20%

CNBC: Investing

Meta Platforms and General Motors topped Thursday's analyst calls.

107
107
article thumbnail

How to Leverage AI for Actionable Insights in BI, Data, and Analytics

In the rapidly-evolving world of embedded analytics and business intelligence, one important question has emerged at the forefront: How can you leverage artificial intelligence (AI) to enhance your application’s analytics capabilities? Imagine having an AI tool that answers your user’s questions with a deep understanding of the context in their business and applications, nuances of their industry, and unique challenges they face.

article thumbnail

Consolidated tape: Avoiding a ‘garbage in and garbage out exercise’

The TRADE

A key discussion point at TradeTech Europe this week was the ongoing push for a consolidated tape and how this can help improve market structure within Europe. However, panellists noted various areas that need to be addressed to ensure a consolidated tape would be successful. “Before a tape, we need a drastic cleaning of the data in order to make sure that the tape is simply not a garbage in garbage out exercise,” said Emilie Rieupeyroux, head of market strategy, cash equities and data services

Trading 69
article thumbnail

How To Find The Right Business To Buy

Benchmark International

Why You Should Buy an Existing Business It's the unfortunate truth. More than half of all new businesses fail within the first few years of operation, and 90% of the latest companies leave within the first four to five years. Those are some scary odds. This is why acquiring an existing company can be much safer and more intelligent than building a new business.

article thumbnail

Buy-side trading head recommends cautious approach to emerging markets despite strong investor interest

The TRADE

With innovation rife across the emerging markets space, it should come as no surprise that plans for further investment are picking up pace. However, despite this, Joe Collery, head of trading at Comgest endorsed a measured approach whilst speaking at TradeTech earlier this week. Joe Collery “There has certainly been developments, particularly in electronic trading in these regions but I would still say perhaps proceed with caution because it can be difficult,” he said. “[…] There is defi

Trading 64
article thumbnail

Here are Thursday's biggest analyst calls: Nvidia, Meta, Tesla, IBM, UPS, Five Below, Amazon, TJX Companies and more

CNBC: Investing

Here are Thursday's biggest calls on Wall Street.

110
110
article thumbnail

Embedded Analytics Insights for 2024

Organizations look to embedded analytics to provide greater self-service for users, introduce AI capabilities, offer better insight into data, and provide customizable dashboards that present data in a visually pleasing, easy-to-access format. To better understand the factors behind the decision to build or buy analytics, insightsoftware partnered with Hanover Research to survey IT, software development, and analytics professionals on why they make the embedded analytics choices they do.

article thumbnail

Initiative Equity Partners acquired 16% equity in ArtIn Energy ramping up expansion in North America

Global Newswire by Notified: M&A

NEW YORK, April 25, 2024 (GLOBE NEWSWIRE) -- Initiative Equity Partners, a value and impact driven investment company based in New York, is pleased to announce the acquisition of 16% equity in ArtIn Energy, a technology leader of renewable energy in the fields of photovoltaics, energy storage, electrical mobility, and green hydrogen. This strategic effort registers a meaningful milestone in the company's commitment to fostering sustainable development and progressing the global transition to cle

article thumbnail

Clean oceans and the blue economy Overview 2024

European Investment Bank

This publication gives an overview of the European Investment Bank’s work in the blue economy. It details the Bank’s activities in the sector and highlights key projects. The stories, videos and case studies, illustrate how the Bank’s financing and advice help countries, regions and cities.

Finance 59
article thumbnail

When it comes to desk set-ups, buy-siders are readjusting how derivatives fit in

The TRADE

When it comes to desk organisation, where derivatives fit in has been a key focal point for firms in recent times, with key buy-siders unpacked their approach to managing the evolving asset class on a TradeTech panel this week. Eric Boess Eric Boess, global head of trading at Allianz Global Investors, explained that the firm set out with a “classic” set up when trading began in 1996/97: “We had equities, fixed income, FX and money markets and we had a dedicated derivatives desk at the time becau

IT 59