CEOs are starting to bank billion-dollar bonuses with IPOs
It’s a good time for founders in China to take their startups public, at least by one measure......»»
CEOs are starting to bank billion-dollar bonuses with IPOs
It’s a good time for founders in China to take their startups public, at least by one measure......»»
Westpac Bank chief resigns over $7 billion money-laundering scandal
The bank’s CEO, Brian Hartzer, was given 12 months' notice and will still get his $2.7 million Australian dollar salary ($1.83 million). He will forfeit unvested bonuses and is ineligible for future bonuses......»»
: Everything you need to know about Clubhouse, the billion-dollar social media app that Elon Musk and other CEOs are using
Clubhouse is an invitation-only audio chat app.....»»
Previewing This Week"s IPOs
This week has eight scheduled IPOs with three billion-dollar deals coming from the biotech, diagnostics, software and solar equipment industries, among others. Here's a rundown. read more.....»»
Here are all the companies Airbnb has acquired to help it grow into a $31 billion business
Mike Segar/Reuters Since its launch in 2008, Airbnb has gone from a startup renting air matresses to a multi-billion dollar global travel company. After a wave of lukewarm receptions for tech IPOs last year, Airbnb announced its .....»»
Uber"s bust signals rocky road ahead for IPOs in 2020
100 billion-dollar companies, or unicorns, that are waiting to go public may get iced out......»»
Starting Line comes out of stealth with $17 million fund to back consumer startups
Chicago has a reputation as hub for business-to-business software startups — and for good reason. Companies like Cleversafe, Fieldglass, Braintree, Coyote Logistics and Trustwave have all reached billion-dollar or near-billion dollar exits. And S.....»»
U.S. IPO Week Ahead: 2 Billion-Dollar Biotechs And A Bank
U.S. IPO Week Ahead: 2 Billion-Dollar Biotechs And A Bank.....»»
Exit of Deutsche Bank"s investment bank chief marks end of era
The head of Deutsche Bank's investment bank agreed to step down on Friday in a sign of the division's waning influence as Germany's largest lender prepares a multi-billion dollar restructuring aimed at reversing a decline in its fortunes......»»
Deutsche Bank"s investment bank chief exits in unfolding multi-billion dollar overhaul
Deutsche Bank said its investment bank head agreed to step down on Friday in a sign of the division's waning influence as Germany's largest lender readies a multi-billion dollar restructuring aimed at reversing a decline in its fortunes......»»
Deutsche plans separate "corporate bank" in multi-billion dollar revamp
Deutsche Bank plans to create a separate "corporate bank" to streamline services now spread across Germany's biggest bank as part of wider multi-billion dollar restructuring, two people familiar with the matter said on Friday......»»
The Ledger: IPOs to Rival Dotcom Bubble, Facebook ‘GlobalCoin’ Coming Soon, Billion-Dollar Blockchain Buybacks
The leading edge of finance and technology. 2019 is poised to be the biggest year for U.S.-listed initial public offerings since the dotcom bubble. That was one of the findings in a piece I contributed to the recently publ.....»»
EU fines Barclays, Citi, JP Morgan, MUFG and RBS $1.2 billion for FX rigging
The European Union fined Barclays, Citigroup, JP Morgan, MUFG and Royal Bank of Scotland a combined 1.07 billion euros ($1.2 billion) on Thursday for rigging the multi-trillion dollar foreign exchange market......»»
EU fines five banks $1.2 billion for foreign exchange rigging
Barclays, Citigroup, JP Morgan, MUFG and Royal Bank of Scotland were fined a combined 1.07 billion euros ($1.2 billion) by the European Union on Thursday for rigging the multi-trillion dollar foreign exchange market......»»
StanChart Makes the Right Billion-Dollar Move
Fierce competition means growth in Asia is hard to come by. The bank is smart to focus on returning capital instead. .....»»
Wells Fargo faces record fine for abuses - source
Embattled bank Wells Fargo facing yet another penalty. A source telling Reuters Thursday that federal regulators are getting ready to slap a billion dollar penalty on the bank for a variety of alleged misdeeds......»»
Australia’s Corrupt Big Banks Will Crumble
Six current and former top executives from banking giants Deutsche Bank, Citigroup and ANZ were charged Tuesday by Australian federal prosecutors with criminal cartel conduct over a multi-billion-dollar capital raising. The charges come as Aus.....»»
Canadian Dollar: USD/CAD (CAD=X) Inches Higher
Canadian Dollar: USD/CAD (CAD=X) Inches Higher The Canadian dollar is starting the week on a firm note. Friday’s domestic employment report didn’t do anything to prevent the Bank of Canada from pr.....»»
Wells Fargo Branch Temporarily Closes After Bank Workers Hit Half-Billion Dollar Powerball Jackpot
An eleven person office pool at a Wells Fargo branch in San Jose has won the largest single lottery jackpot in California history. The group claimed their $543 million 'Mega Millions' prize two week.....»»