Finance

Finance

Visa, Mastercard are Betting Big on Africa

Photo by Håkan Dahlström via CC BY 2.0

One study projects the continent’s digital payment ecosystem will grow 30% a year through 2025.

2 min read

Photo by John McGehjee via CC0 1.0

Banking

SPAC-ish Group Sets its Sights on More Failed Banks

Porticoes Capital has an FDIC-approved gateway to acquire lenders that are shutting down.

2 min read
Photo via Carvana Press

Markets

The Rest of the Stock Market is Catching Up to Big Tech

Persistent optimism about an economic soft landing has buoyed investors’ hopes about companies of all sizes.

1 min read
Photo by Karolina Grabowska via Pexels

Private Equity

Klarna Co-founder Is Loading Up on Shares Ahead of Expected IPO

Victor Jacobsson has been buying shares through special purpose vehicles as its top VC sponsor debates the impact.

1 min read

Banking

New York Community Bancorp Gets $1B Cash Injection

Photo by Tdorante10 via CC BY-SA 4.0

Former Treasury Secretary Steven Mnuchin leads a team of investors hoping to settle the bank’s recent chaotic run.

2 min read

Image Credit: artJazz

Markets

European Stock Markets May Need a Makeover

Despite record highs, the region’s equities markets have fallen behind the US in star power, trading volume, and IPOs.

2 min read
Photo via U.S. Patent and Trademark Office

Patent Drop

IBM’s Patent Cuts Bias in AI Lending

IBM wants to make sure AI lenders are playing fair with its patent to weed out bias in financial machine learning models.

2 min read
(Photo Credit: Serba Sembilan/Flickr)

Markets

Warren Buffett Splashes Water on Any Great Investing Expectations

The Oracle of Omaha warned investors to not expect “eye-popping” performance in the coming years.

2 min read

Banking

Capital One Plans Purchase of Discover to Build Credit Card Colossus

Photo by Can Pac Swire via CC BY-SA 2.0

The mega bank intends to buy the fourth-leading credit card network in the US.

1 min read

Banking

US Lenders Have $1 Trillion Tied Up in Shadow Banks

Photo by Ernie Journeys via Unsplash

The total reflects big banks’ increasing use of alternative financial institutions that are using the funds for riskier bets.

2 min read

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