Mergers and Inquisitions

JUNE 21, 2023

Investment banking in Dubai stands out for attracting remarkable hype on social media. You’ll find influencers on Instagram, TikTok, LinkedIn, and other sites constantly praising Dubai and claiming it’s the best place to work or start a business. It’s almost like the city has its own PR department and never-ending marketing campaign. If you’re interested in the Middle East or have connections to the region, all this hype has probably made you wonder about finance careers there.

Investment Banking 105

Investment Banking Bank Banking Bulge Bracket 105

CNBC: Investing

JUNE 29, 2023

The SEC has long opposed a spot bitcoin ETF, but a filing by BlackRock earlier this month has sparked optimism that the regulator could soften that stance.

Investment 145

Investment 145

TechCrunch: M&A

JUNE 22, 2023

Robinhood announced on Thursday that it was acquiring X1 , a no-fee credit card startup, for $95 million in cash. X1, which offers an income-based credit card with rewards, raised a total of $62 million in venture-backed funding from investors like Soma Capital, FPV, Craft Ventures and Spark Capital since its 2020 inception. The company announced its most recent raise of $15 million in December, when it also touted a 50% boost in its valuation.

Valuation 313

Valuation Underwriting Trading Capital 313

JD Supra: Mergers

JUNE 13, 2023

In the world of FDA-regulated companies, compliance with regulatory requirements is not just a matter of paperwork. It is a critical aspect that can significantly impact mergers and acquisitions (M&A) and the overall success of your business. In this alert, we delve into the importance of healthcare compliance in M&A for FDA-regulated companies and provide key insights on evaluating the effectiveness of a compliance program.

Mergers and Acquisitions 266

Mergers and Acquisitions Mergers M&A Acquisitions 266

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.

Finance

Global Banking & Finance

JUNE 20, 2023

Factbox – Graphite producers doing deals with automakers and battery groups LONDON (Reuters) – Automakers are rushing to lock in graphite supply from outside dominant producer China as mined graphite demand for electric vehicle (EV) batteries outpaces other uses.

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141

The TRADE

JUNE 8, 2023

Coalition Greenwich and SIX have revealed the results of their joint survey which delved into the motivations behind the adoption of market data technology, as investment continues to grow, and suggested how future use could develop. The businesses conducted the survey in Q2 2023, analysing responses from 79 market participants from both buy- and sell- side firms across Europe, APAC, and North America.

Financial Market 119

Financial Market Trading Investment Management 119

Successful Acquisitions

JUNE 27, 2023

Will Cava Going Public Set the Table for Other IPOs? By David Braun, Founder and CEO, Capstone Strategic When Washington DC based restaurant chain Cava became a publicly traded company recently, it bucked a trend that has lasted nearly two years, a notable absence of American IPOs. The past 18 months have marked the slowest initial public offering market since the financial crisis of 2008.

IPO 111

IPO Public Trading Private Equity Initial Public Offering 111

TechCrunch: M&A

JUNE 30, 2023

General Motors said Friday it has acquired Algolion, an Israel-based software startup that can detect potential hazards in battery cells. Financial terms were not disclosed. The automaker did say that Algolion’s six employees, including the company’s founders, will remain based in Israel and join more than 850 employees at the GM Technical Center in Herzliya, Israel.

Acquisitions 246

Acquisitions Manufacturing Investment Mergers and Acquisitions 246

JD Supra: Mergers

JUNE 28, 2023

In a decision likely to have a knock-on effect for future fraudulent transfer defense and valuation litigation, the Delaware bankruptcy court recently ruled that the price agreed in the sale of an oil and gas company closed by market participants represents the reasonably equivalent value for the assets being sold and is more reliable evidence of value than expert testimony prepared for the purposes of litigation.

Valuation 246

Valuation Sale 246

Global Banking & Finance

JUNE 20, 2023

Mastercard launches global plan to recycle credit cards By Simon Jessop LONDON (Reuters) – Payments company Mastercard on Wednesday launched a global project to recycle credit and debit cards as part of a plan to save the billions of cards in circulation across the industry from landfill.

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140

Business Standard - FInance

JUNE 26, 2023

Retirement fund body EPFO has extended the deadline for filing applications to opt for a higher pension till July 11. This is the second extension of the deadline for applying for a higher pension. Earlier, it was extended from May 3, 2023, to June 26, 2023. The last opportunity of 15 days is being given to remove any difficulty faced by the eligible pensioners/ members, the Employees' Provident Fund Organisation said in a statement.

Funds 119

Funds IT 119

The TRADE

JUNE 23, 2023

JP Morgan was ordered to pay a $4 million civil monetary penalty by the US Securities and Exchange Commission (SEC) on Thursday following findings from the watchdog that found that it had mistakenly deleted 47 million emails. According to the SEC’s order, in June 2019, JP Morgan employees “erroneously” deleted electronic communications – some 47 million emails – from the first quarter of 2018, believing that the documents were coded in a way to prevent permanent deletion due to written communica

Electronics 113

Electronics Bank Banking Stock 113

PE Hub

JUNE 28, 2023

The merged entity, which is yet to be named, would be jointly owned and controlled by Nordstar and existing Postmedia shareholders. The post Toronto Star owner Nordstar in merger talks with Postmedia appeared first on PE Hub.

Mergers 111

Mergers 111

Benchmark International

JUNE 2, 2023

Vertical Integration Vertical integration is a strategy that involves a company expanding its operations into other stages of its supply chain. This means that a company takes control of its suppliers, distributors, or both. Vertical integration can be achieved in two ways, either through backward integration or forward integration.

Mergers and Acquisitions 102

Mergers and Acquisitions M&A IT Mergers 102

TKO Miller

JUNE 21, 2023

MILWAUKEE, WI. – TKO Miller, LLC, a middle-market investment banking firm based in Milwaukee, WI, announced three new additions to its team. Griffin Oleszczuk, J.D., Noah DeGroot, and Jack Hastreiter joined the firm as Analysts in its mergers and acquisitions advisory practice where they will be responsible for supporting senior members of the firm, executing M&A transactions, and conducting company research.

Mergers and Acquisitions 99

Mergers and Acquisitions Acquisition Advisories Middle Market Mergers 99

Global Banking & Finance

JUNE 21, 2023

European car sales rise in May – ACEA BERLIN (Reuters) – European new car registrations increased in May, data from the region’s carmaker association showed on Wednesday. The number of new vehicles registered that month in the European Union, Britain and the European Free Trade Association (EFTA) grew by 18.2% to 1.

Sale 140

Sale Trading 140

Business Standard - FInance

JUNE 13, 2023

This places India as the second-largest country in terms of HNWI outflow globally, following China (net loss of 13,500)

145

145

The TRADE

JUNE 13, 2023

State Street has expanded the capabilities of its Alpha platform to support the entire lifecycle for exchange traded funds (ETFs). The new State Street Alpha for ETF Issuers offering integrates Charles River Development’s front-office products with State Street’s ETF servicing capabilities to provide end-to-end technology and processes for ETF issuers.

Trading 109

Trading Portfolio Management Electronics Asset Management 109

PE Hub

JUNE 27, 2023

McIntosh Perry is a Woodbridge, Ontario-based provider of engineering services for the public infrastructure, buildings and energy market sectors. The post Signal Hill to sell McIntosh Perry Consulting Engineers to Egis appeared first on PE Hub.

Consulting 110

Consulting Engineering 110

Cisco: M&A

JUNE 29, 2023

Cisco is proud to announce that Webex by Cisco (Webex) – comprising Webex Meetings, Webex Messaging, and Webex Calling – is the first collaboration and conferencing solution to achieve Level 3 adh… Read more on Cisco Blogs

Collaboration 98

Collaboration Securities 98

Global Newswire by Notified: M&A

JUNE 26, 2023

Communiqué - Acquisition de Creed - 26 06 23 FR PRESS RELEASE June 26, 2023 KERING BEAUTÉ ACQUIRES CREED, THE HIGH-END LUXURY HERITAGE FRAGRANCE.

Acquisitions 105

Acquisitions 105

Global Banking & Finance

JUNE 21, 2023

UK’s Halfords expects pricing efforts to drive profits By Sarah Young LONDON (Reuters) -Halfords forecast profit would rise 3% in its current financial year, saying its efforts to keep prices low should help it to retain customers squeezed by inflation that limits their power to spend on bikes and motoring. British inflation held at 8.

Profitability 140

Profitability IT 140

Business Standard - FInance

JUNE 23, 2023

The legal framework of India, as implemented by the RBI, provides for an effective equivalent system for the recognition of central counterparties authorised under other regimes of other countries

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111

The TRADE

JUNE 15, 2023

Bloomberg has appointed Colin Williams in an electronic trading and analytics solutions role. Williams joins from BNY Mellon, where he spent the last six years, most recently serving as an equity trader. Prior to that, he spent six and a half years at State Street Global Markets in a portfolio solutions role. Previously, Williams served as an investment account manager at Northern Trust.

Electronics 108

Electronics Trading Financial Services Equities 108

PE Hub

JUNE 1, 2023

Based in San Mateo, California, Momentive is the parent company of SurveyMonkey, an online survey tool. The post STG-led investor group completes take-private $1.5bn acquisition of Momentive appeared first on PE Hub.

Acquisitions 111

Acquisitions Investors 111

Cisco: M&A

JUNE 28, 2023

Benevolence goes beyond mere acts of goodwill – it is the genuine concern organizations show towards their customers. However, in a business context, benevolence is often misunderstood.

Business 98

Business IT Hospitality Retail 98

CNBC: Investing

JUNE 22, 2023

Warren Buffett has boosted his total charitable giving to more than $50 billion — greater than his entire net worth in 2006 when he first scheduled the grants.

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101

Global Banking & Finance

JUNE 20, 2023

UK fines WH Smith, M&S and others for not paying minimum wage LONDON (Reuters) – Britain has fined more than 200 companies, including top retailers WH Smith, Marks & Spencer and Argos, for failing to pay their lowest paid staff the minimum wage between 2017 and 2019.

Retail 139

Retail Government Business 139

Business Standard - FInance

JUNE 21, 2023

Mid-sized non-banking lender SMFG India Credit, formerly Fullerton India Credit, is looking at doubling the loan book over the next two-three years from the present Rs 36,000 crore. Japanese financial powerhouse SMFG bought a controlling 74.9 per cent stake in Fullerton in December 2021 for an undisclosed sum, and from May 2023, it was renamed as SMFG India Credit.

Bank 105

Bank Banking Manufacturing Funds 105

The TRADE

JUNE 27, 2023

Integrated trade and communications surveillance has seen a 100% increase over the last year as regulators continue to ramp up enforcement actions, a SteelEye report has found. The report’s findings come as regulators up their enforcement actions related to communications and trade surveillance on both sides of the Atlantic. In 2022, the UK Financial Conduct Authority (FCA) issued almost triple the number of fines compared the previous year.

Financial Institution 104

Financial Institution Trading Financial Services Electronics 104

PE Hub

JUNE 1, 2023

According to the terms of the agreement, Emerson received upfront about $9.7 billion at the close. The post Blackstone completes acquisition of majority stake in Emerson’s climate tech business appeared first on PE Hub.

Acquisitions 110

Acquisitions Business 110

Cisco: M&A

JUNE 26, 2023

To evade detection, attackers will often live-off-the-land by using pre-installed binaries like powershell.exe and communicating with legitimate cloud services like dl.dropbox[.]com.

Securities 98

Securities 98

CNBC: Investing

JUNE 3, 2023

While it's too early to say how damaging boycott threats will be, damage has been done to the stocks of companies drawn into the latest culture war battle.

Stock 103

Stock IT 103