Search Results for: M&A
Fintech funding in Asia surged to US$16.8 billion; Global fintech investment hit US$57.9B
August 14th, 2018
Fintech funding in Asia surged to US$16.8 billion across 162 deals in the first half of 2018 powered by a massive US$14 billion Series C VC funding round by Ant Financial, up from US$2 billion the second half of ...
KPMG Report on Fintech: Global investment in Fintech is going gangbusters
August 9th, 2018
KPMG has published their Pulse of Fintech report highlighting global Fintech activity for the first half of 2018. According to KPMG, global investment in Fintech is going gangbusters as “Fintech market activity worldwide gained momentum during the first half ...
1 in 2 ICOs failed in the second quarter — and those that succeeded suffered huge losses
August 8th, 2018
Money continues to flood into the booming market for digital tokens issued by startups despite the projects seeking funding getting worse and investment returns suffering, according to a new report 55% of “initial coin offerings” (ICOs) failed to complete ...
Deloitte latest Big Four player to offer legal services
August 3rd, 2018
Deloitte Legal International will be a fully licensed foreign law practice independent from other Deloitte entities serving clients across South East Asia. Deloitte’s latest venture will see them offering legal services through a new foreign law practice. The top ...
Easier to get a loan and demand for loans increased for euro area firms and households
July 26th, 2018
It became easier for euro area firms and households to borrow money in the second quarter of 2018 and demand for loans also increased. The negative impact of non-performing loans (NPLs) on credit conditions is decreasing, as the July ...
GAIN Capital to sell the Company’s institutional platform for trading Forex
May 30th, 2018
GAIN Capital Holdings, Inc, a leading global provider of online trading services, announced that it reached a definitive agreement to sell the Company’s GTX ECN business, an institutional platform for trading foreign exchange, to Deutsche Börse Group, a leading ...
Strategic partnership between Worldline and SIX consolidating European payments
May 24th, 2018
Worldline’s $2.75 billion deal to buy the payments unit of Swiss exchange operator SIX Group, announced on Tuesday, could herald more consolidation in the industry, SIX’s chairman told Reuters. France’s Worldline beat competition from U.S. bidders to land the ...
FCA UK publishes discussion paper on transforming culture in financial services
March 21st, 2018
The Financial Conduct Authority (FCA) has published a discussion paper on transforming culture in financial services which presents views from academics and industry thought leaders. The paper is intended to provide a basis for stimulating further debate on transforming ...
FCA statement on proposals to introduce a public register
February 27th, 2018
Later this year, the Financial Conduct Authority (FCA) will consult on proposals to make information available on a wider range of individuals at authorised firms. The FCA and Prudential Regulation Authority (PRA) currently maintain a public Financial Services Register, ...
The big bang for alternative legal services providers
February 21st, 2018
Will 2018 be the ‘big-bang’ year for the use of Alternative Legal Services providers, asks PwC’s Peter Workman? The current legal and regulatory environment is burdensome. General counsel and their legal teams are under ever increasing pressure to reduce legal ...
