Ex-hedge fund manager’s startup hits $2B value
Advance Intelligence Group, a technology startup led by former hedge fund manager Jefferson Chen, topped $2 billion in valuation after...
Citi sharing post-trade data with Snowflake to ease settlement
Citigroup Inc. will begin sharing some data with cloud-storage software maker Snowflake Inc., a move that will help the bank...
JPMorgan adds to tech acquisitions with college platform Frank
JPMorgan Chase & Co. bought college financial-planning platform Frank, the latest in a string of acquisitions the largest U.S. bank...
SEC should amp up crypto crackdown, investor advocates say
Many cryptocurrency projects are flouting investor-protection rules and deserve more scrutiny, a group of investor advocates told Securities and Exchange...
JPMorgan to open digital retail bank in U.K. next week
JPMorgan Chase & Co. will launch a digital retail bank in the U.K. next week, the first step in the...
Goldman to buy GreenSky for $2.24B for payment plans
Goldman Sachs Group Inc. agreed to buy GreenSky Inc. for about $2.24 billion, adding to its Marcus consumer-banking platform a...
Libor judge rejects halting use of benchmark in win for banks
A U.S. judge signaled he won’t immediately terminate Libor, rejecting an effort by a group of borrowers who argued the...
UiPath rival Automation Anywhere plans IPO as soon as this year
Automation Anywhere Inc., a software company backed by SoftBank Group Corp.’s Vision Fund, is preparing for an initial public offering...
Deutsche Bank’s ESG probe triggers review at asset managers
European asset managers are reviewing their ESG labeling and marketing claims following news of probes into the investing arm of...
Revolut CEO targets billions of dollars in sales before IPO
Financial technology startup Revolut Ltd. needs to achieve billions of dollars in annual sales before it can go public, Chief...
