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Bice purchase of Agridime nearly complete
1729384822 from AG NEWS
… to purchase the assets of Agridime and American Grazed Beef. … $15.7 million. The Agridime report said that the purchaser … of what they lost. Agridime shared the following statement to … Agridime investors: “The sale of Agridime’s assets …
India Boom Set to Drive Private Credit and Bond Expansion: Credit Weekly
1729346400 from BLOOMBERG
Talk with anyone in international finance now, and the discussion will sooner or later turn to India. The country’s bonds are being added to global indexes, drawing some of the market’s biggest fund managers who are betting on strong economic growth.
Michael Rave, CEO of Brandywine Legal Recruiting, LLC, Discusses the Future of Corporate Governance and Recruiting in an Evolving Banking Industry
1729316413 from BANKING
… leader who has navigated complex banking transactions, corporate governance, and mergers … -changing regulations, and client expectations, banks and corporations alike are under … the demands of the modern banking and corporate environment. Instead, Michael …
Apollo Silver Announces Further Upsizing of Private Placement
1729299790 from FPOST
VANCOUVER, British Columbia, Oct. 18, 2024 (GLOBE NEWSWIRE) — Apollo Silver Corp. (“Apollo Silver” or the “Company”) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) is pleased to announce that due to significant interest, the Company has elected to further increase the size of its non-brokered private placement and will now offer up to 67,500,000 common shares of the Company (the […]
Finovate Global New Zealand: Business Banking, Wealthtech, and Cross-Border Payments
1729298078 from BANKING
… New Zealand. Business banking account Emerge secures investment … market strategy, including offering banking services to startups. “Emerge … banks, and team cards ready to go.” A digital-first banking … of Fujairah to deploy banking technology from Intellect …
ThreeD Capital Inc. Disposes of Securities of Birchtree Investments Ltd.
1729291576 from FPOST
TORONTO, Oct. 18, 2024 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD”) (CSE:IDK / OTCQX:IDKFF) a Canadian based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that through a series of transactions on October 11, 2024 (the “Dispositions”), ThreeD disposed of ownership and control of an […]
Citi Nabs BBVA Tech Head to Lead Revamp Ahead of Banamex IPO
1729281885 from BLOOMBERG
Citigroup Inc. poached Banco Bilbao Vizcaya Argentaria SA’s head of software development to lead a technology architecture overhaul at its Banamex unit ahead of the Mexican consumer bank’s planned initial public offering next year.
Carlyle’s Private Equity Co-Heads Share How Best to do a Deal With Them
1729273390 from BLOOMBERG
Hi, it’s Liana Baker and David Carnevali and in New York, speaking to Carlyle’s co-heads of US private equity. Also, CVS won’t do a breakup and Verizon buys some spectrum. A new activist situation is brewing at a French-fry maker.Today's top stories
Sanofi Set to Sign Consumer Health Deal With CD&R This Weekend
1729272886 from BLOOMBERG
Sanofi is aiming to sign an agreement this weekend to sell control of its consumer health business to Clayton Dubilier & Rice, following a last-ditch attempt by a rival bidder to derail the deal, people with knowledge of the matter said.
Investment banking has made a multibillion-dollar rebound, but it's too early to pop the Champagne
1729264093 from BANKING
Major banks like Goldman Sachs walloped Wall … thanks to dealmaking fees. Investment banking has made a comeback, and … for investment bankers. The biggest banks on Wall Street reported a … a blip. For the five banks, Mayo estimated that capital markets …
Capital One Partners with Minna Technologies to Become the First Major U.S. Credit Card Issuer to Offer Subscription Management Tools in Its Banking App
1729260015 from BANKING
… spanning subscription businesses, retail banks and fintechs, enabling consumers … lifecycle subscription management directly within banking apps, enhancing customer engagement … ever more paramount – for banks, subscription businesses and subscribers. …
Risky-ETF Crew Grabs Wall Street Limelight With Long-Short Bets
1729259053 from BLOOMBERG
Want to go long Bitcoin-holder MicroStrategy Inc. while shorting megabank JPMorgan Chase & Co.? How about buying streaming giant Netflix Inc. while dumping Comcast Corp.? Or pitting Google-parent Alphabet Inc. against New York Times Co.?
Troilus Closes $28 Million Bought Deal Offering
1729255054 from FPOST
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MONTREAL, Oct. 18, 2024 (GLOBE NEWSWIRE) — Troilus Gold Corp. (“Troilus” or the “Company”, TSX: TLG, OTCQX: CHXMF; FSE: CM5R) is pleased to announce that it has closed its previously announced bought deal financing (the “Offering”). Pursuant to the Offering, […]
A.I.S. Resources Announces Private Placement Financing
1729254766 from FPOST
VANCOUVER, British Columbia, Oct. 18, 2024 (GLOBE NEWSWIRE) — A.I.S. Resources Limited (TSX.V: AIS, OTC- PINK: AISSF) (“AIS” or the “Company”) announces a non-brokered private placement of up to 8,600,000 Units at a price of $0.035 per Unit for gross proceeds of $301,000 (the “Private Placement“). The proceeds will be used for general working capital […]
Cerberus, Intrum Said Near Deal to Buy €2 Billion of Hoist Loans
1729254310 from BLOOMBERG
Cerberus Capital Management LP and Intrum AB are nearing a deal to buy Spanish bad loans with a face value of around €2 billion ($2.2 billion) from Hoist Finance AB, according to people familiar with the matter.
Cyber A.I. Group and ThinkEquity Execute Agreement for Investment Banking Services
1729254027 from BANKING
… Equity Execute Agreement for Investment Banking Services GNW Article content … capabilities include full-service investment banking, equity research, institutional sales, … and longstanding relationships across regional banks, hedge funds and family offices …
Liveops Named Top Private Company in Phoenix Business Journal’s 2024 ACE Awards for 4th Year
1729246440 from BANKING
Recognized for its continued excellence, Liveops earns its spot as a top private company at the 2024 Arizona Corporate Excellence (ACE) Awards. SCOTTSDALE, AZ, UNITED STATES, October 18, 2024 /EINPresswire.com/ -- Liveops, a leader in agile …
DarGlobal Roadtour Prague: Exclusive Investment Opportunities in Oman – First Time in Prague
1729227600 from BANKING
Prague to Host Exclusive Oman Real Estate Investment Event: DarGlobal Roadtour on October 18-19, 2024 PRAGUE, CZECH REPUBLIC, October 18, 2024 /EINPresswire.com/ -- The Four Seasons Hotel in Prague will host the DarGlobal Roadtour: Exclusive …
Wall Street boosted by surge in investment banking fees in the third quarter fuelled by more deals
1729028504 from BANKING
… Street’s biggest banks reported rising investment banking fees in the … Goldman Sachs said investment banking fees rose 20 per cent … increase. At Citi, investment banking revenues rose for the second … per cent surge in investment banking fees on Friday. Mergers …
Stack Capital Group Inc. Announces Best Efforts Financing
1729023183 from FPOST
NOT FOR DISTRIBUTION TO THE UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Oct. 15, 2024 (GLOBE NEWSWIRE) — Stack Capital Group Inc., (the “Company”) (TSX:STCK) is pleased to announce that it has entered into an agreement with Raymond James Ltd., Canaccord Genuity Corp., RBC Capital Markets, and TD Securities […]
Citigroup profit beats estimates in Q3 on surge in investment banking
1729018374 from BANKING
… debt underwriting propped up investment banking results. The third-largest … . In the US retail banking division, revenue climbed 3 per … 2.7 billion. Meanwhile, retail banking revenues fell 8 per cent … an index tracking large-cap banks is up 28 per cent …
US-based Capital group divests 1.7% stake worth Rs 148 cr in IT firm Mastek
1729015544 from BIZSTNDRD
Financial services company Capital Group on Tuesday divested a 1.7 per cent stake in IT firm Mastek for over Rs 148 crore through an open market transaction. According to the bulk deal data available on the BSE, US-based Capital group through its arm SmallCap World Fund Inc offloaded 5.30 lakh shares, amounting to a 1.7 per cent stake in Mastek. The shares were sold at an average price of Rs 2,801.68 apiece, taking the deal value to Rs 148.49 crore. After the share sale, Capital group's holding in Mastek has come down to 6.24 per cent from 7.94 per cent. Meanwhile, Aalidhra Textool Engineers bought 2 lakh shares of the company at an average price of Rs 2,800.81 per piece. This took the deal value to Rs 56.01 crore. Details of the other buyers of Mastek's shares could not be ascertained. Shares of Mastek rose 4.65 per cent to close at Rs 2,904.25 apiece on the BSE.
Securitize taps Zero Hash to enable purchase of BlackRock’s BUIDL via USDC
1729010391 from CryptoNWS
Securitize, the platform for tokenizing real-world assets, has integrated Zero Hash to allow qualified investors to easily subscribe to BlackRock’s tokenized fund via the USDC stablecoin. In an announcement Securitize said its partnership with the stablecoin infrastructure platform Zero Hash…
Billionaire Takes on Bondholders in Battle for DirecTV
1729004428 from BLOOMBERG
Welcome to The Brink. I’m Reshmi Basu, a reporter in New York, where I’ve been reporting on Charlie Ergen’s bondholder problem while trying to DirecTV. We also have the latest on Ukraine and battery maker Northvolt. Follow this link to subscribe. Send us feedback and tips at debtnews@bloomberg.net.
Goldman, Bank of America and Citi beat earnings estimates as investment banks shine
1729003664 from BANKING
… strength in their investment banks The Wall Street giants … grapple with falling interest rates. Banks’ net interest income (NII) … – the difference between what banks pay on deposits and earn … its reliance on investment banking, often considered a volatile …
Boeing Fallen-Angel Risk Leads to $25 Billion Cash Plan
1729002685 from BLOOMBERG
Boeing Co. is likelier to lean more heavily on new stock rather than debt as it considers raising $25 billion, according to Bloomberg’s Brooke Sutherland, who writes the Industrial Strength newsletter. The troubled planemaker already risks becoming the largest-ever US fallen angel with its credit rating teetering near junk status, Sutherland says on Bloomberg’s “Open Interest.”
Birla confident of VIL turnaround; fundraise, capex cycle bolster telco
1729002576 from BIZSTNDRD
Fundraise and subsequent capex cycle have placed Vodafone Idea on a more secure footing, ensuring it remains dynamic and competitive, Aditya Birla Group Chairman Kumar Mangalam Birla said on Tuesday exuding confidence about the telco scripting a turnaround. During the inauguration of IMC and ITU-WTSA 2024, Birla told reporters that while Vodafone Idea Ltd (VIL) has been written off several times in the past, it is about time that such impressions about the company are shed. Speaking at the inaugural ceremony, Birla said he is confident that with continued support of the government, VIL will do its part in realising India's digital destiny. "With the continued support of the government, I am confident that we will do our part to realise the Prime Minister's digital India destiny. I am a firm believer in the transformative power of India's telecom sector and I see it as a bridge to a more connected, empowered and prosperous India," Birla said. It is pertinent to mention that promoter
Wall Street banks propelled by investment banking gains
1729001949 from BANKING
… 39;s biggest banks reported rising investment-banking fees in the … Goldman said its investment banking fees backlog increased compared … conference call that for investment banking, "we feel … helped by higher investment banking fees and strong trading …