Wed.May 17, 2023

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Ripple acquires crypto custody startup Metaco for $250 million

TechCrunch: M&A

Ripple has announced that it has acquired Metaco, a cryptocurrency custody company based in Switzerland, for $250 million in cash and Ripple equity. With this move, Ripple will expand its offerings as it will now be able to custody, issue and settle any type of tokenized asset. “Metaco is a proven leader in institutional digital asset custody with an exceptional executive bench and a truly unmatched customer track record,” Ripple CEO Brad Garlinghouse said in a statement.

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2023 Edition of Wachtell’s “Distressed Investing, Mergers & Acquisitions”

Deal Lawyers

Wachtell Lipton recently published the 2023 edition of its 226-page “Distressed Investing, Mergers & Acquisitions” publication.

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The Complete Guide to Technology Private Equity

Mergers and Inquisitions

Ever since the 2008 financial crisis, there has been massive hype about both private equity and technology. Seemingly every MBA student wants to get into one of these industries, and when you combine them, the hype tends to multiply. Over the past few decades, technology private equity has gone from “barely existing” to representing the largest single sector in PE by both deal value and deal count.

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Maximizing Growth through Horizontal Integration: Strategies and Best Practices

Devensoft

In today’s fast-paced business world, maximizing growth is a top priority for companies of all sizes. One of the most effective ways to achieve this is through horizontal integration. By expanding your business horizontally, you can increase your market share, strengthen your competitive position, and enhance your profitability. But how do you go about it?

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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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How Bank Reconciliation Helps Businesses?

Razorpay

Bank reconciliation refers to the process by which the bank account balance of a business entity is reconciled with the amount recorded by financial institutions in the latest bank statement. The main objective of conducting this process is to prepare a statement recording the difference between these two. A bank reconciliation statement ensures that all payments are processed and the required cash is deposited in the bank account.

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COGS Uncovered: What are Cost of Goods Sold and How do they Impact Profitability?

Peak Frameworks

Cost of Goods Sold (COGS) is a fundamental financial concept that plays a vital role in understanding a company's financial health and making strategic decisions. In this article, we will define COGS, explain its importance, discuss various calculation methods, and explore how it varies across industries. If you'd like to learn more about financial statements or are interested in investment banking, you should check out our Investment Banking Course.

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Mathematics in Finance: Exploring the Power of Combinations

Peak Frameworks

This article will delve into the essence of combinations in mathematics , their practical applications in finance, and why they are essential for financial professionals. Grasping the Basic Concept of Combinations At its core, a combination in mathematics refers to a method of selecting items from a larger set where the order of selection holds no significance.

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Today's Capital Markets

PCE

Wednesday, May 17, 2023 Given today’s economic uncertainty—and all the focus on rising interest rates, bank failures, and market conditions—business owners and financial executives may find that debt markets are top of mind. Indeed, the credit and debt capital markets are essential to the global financial system, providing access to capital so businesses and individuals can fund operations, investments, and personal purchases.

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What is Revenue? Understanding the Lifeblood of a Business

Peak Frameworks

Revenue is the lifeblood of any business. It is a key financial figure that reveals much about a company's operations, performance, and potential for growth. In this article, we will delve into the concept of revenue, the role it plays in a company's financial health, and how it is used by investors and analysts. What is Revenue? Revenue , often referred to as the 'top line' , represents the total amount of money a company earns from its operations before any expenses are deducted.

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Why Do I Need An Exit Strategy?

Benchmark International

Don’t Delay As a business owner, an exit plan is critical to preparing you and your company ready for retirement or your next act. Unfortunately, many business owners do not realize the importance of exit strategies, so they don’t feel like it’s worth taking the time to craft one. This is often a huge mistake. It doesn’t matter if you do not plan on selling or retiring soon.

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Top 3 Banking Secrets to Stay Relevant with Gen Z Consumers

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.

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What is an Original Equipment Manufacturer (OEM)?

Peak Frameworks

An Original Equipment Manufacturer or OEM is a company that actually manufactures products. The distinction is important because OEMs may sell products to re-sellers. For example, a computer manufacturing company may be an OEM and sell computers to Dell or Lenovo. This may happen as companies may want to focus on different parts of the supply chain.

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Securities Litigation Against Life Sciences Companies: Eleven Takeaways from 2022

Sidley Shareholder Litigation

Securities class actions against life sciences companies are generally second-order problems. The first-order problem is a business or regulatory setback that, when disclosed by the company or a third party, is followed by a stock price drop. Following the decline, plaintiffs’ class action attorneys search the company’s previous public statements for inconsistencies between past positive comments and the current negative development.

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What is VBA for Excel? Here’s Everything You Need To Know

Peak Frameworks

Visual Basic for Applications (VBA) is a powerful programming language that can elevate your skills as a finance professional. With VBA for Excel, you can automate tasks, create custom functions, and enhance your data analysis capabilities. In this blog article, we will explore the basics of VBA for Excel, its importance in the finance industry, and how mastering VBA can help you stay ahead in your career.