Finance

M&A

Blackstone and Vista to Take Workplace Software-Maker Smartsheet Private for $8.4 Billion

Photo via Smartsheet

Blackstone partnered with fellow buyout expert Vista Equity Partners to take workplace software company Smartsheet private for $8.4 billion.

2 min read

Photo by Tony Webster via CC BY 2.0

Banking

BofA Bets on Brick-and-Mortar with 165 New Branches by 2026

Bank of America is counting on customers putting down their screens and driving over to an actual bank to speak with a human.

1 min read
Photo by Soenke Rahn via CC BY-SA 4.0

Banking

German Government Investigates Itself Over UniCredit’s Shock Commerzbank Stake Purchase

The German government launched an internal probe to figure out how it was blindsided by UniCredit staking a major position in Commerzbank.

1 min read
Photo by Vlada Karpovich via Pexels

Markets

Stock Prices in Half-Pennies Are in Your Future

The SEC voted unanimously to change market rules so that roughly 1,700 securities can be quoted in increments of $0.005.

1 min read

Banking

Regulators Point the Finger at Banks for Overdraft Fees, Fintech Records

Photo by RDNE via Pexels

Two US financial regulators told banks Tuesday to step up protections for consumers: for overdraft fees and tracking fintechs.

1 min read

Banking

Fed Majorly Backtracks on Proposed Bank-Capital Hike

Photo by Thomas Belknap via CC BY-SA 1.0

The proposal to hike holdings for the biggest lenders to buttress market shocks was sliced more than in half.

2 min read

Photo illustration by Connor Lin / The Daily Upside, Photo by Andrey Krav via iStock

Markets

Can a Texas Stock Exchange Really Lock Horns with Wall Street?

The Texas Stock Exchange is hoping to become the center of a new financial mecca in the Lone Star state when it launches next year.

4 min read
Image Credit: iStock, A.Greeg

Finance

Warfare is ESG Now

Defense stocks are taking up a growing slice of the ESG (environmental, social, governance) pie. Reports attribute that to the war in Ukraine.

1 min read
Photo via NVIDIA Media Assets.

Technology

Nvidia Beats Revenue and Profit Expectations, But Was It Enough?

Yesterday was Nvidia Day: The AI giant handily beat revenue and profit forecasts, and issued third-quarter guidance that beat expectations.

2 min read

Private Equity

Private Equity Firms to Commit $12 Billion for NFL Team Stakes After League Vote

Photo by Sandro Schuh via Unsplash

As the price of franchises soar, shrinking the pool of would-be acquirers, NFL owners are rethinking their aversion to private equity.

2 min read

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