After all-night negotiations, HSBC on Monday announced a deal to acquire the U.K. division of the defunct Silicon Valley Bank digital startup lender. HSBC reported
Category: Fund Management
Signature Bank’s failure becomes the 3rd largest in U.S Banking history with $88.9b trapped.
Two days after authorities shut down Silicon Valley Bank in a collapse that left billions in savings unclaimed, state regulators shut down New York-based Signature
Silicon Valley Bank crash triggers global financial crisis with $175b trapped.
On Friday, the startup-focused lender SVB Financial Group had an abrupt collapse that rocked the world’s financial markets and left billions of assets belonging to
Germany’s Allianz after the collapse of the U.S. $11b fund embraces safe bonds.
For years, Allianz, one of the largest investors in the world, invested billions in real estate, wind farms, and even London’s sewage system. However, the
Twitter stock valuation: Fidelity funds write off 56%.
According to a monthly declaration by the investment company posted on Friday, Fidelity funds reduced the value of their holding in Twitter by 56% in
China’s pension market launch: JPMorgan and UBS compete for a larger share.
JPMorgan, Warburg Pincus, and UBS are among the global asset managers with Chinese operations who are preparing to increase their retirement offerings in light of
JP Morgan remains the world’s biggest bank affecting the stability of the global financial system.
The G20 Financial Stability Board’s most recent rankings, which were released on Monday, show that JP Morgan continues to be the most systemically significant bank
Norway’s sovereign wealth fund, the world’s largest rattled by inflation and Ukraine war, lost $174b in the first half.
The largest sovereign wealth fund in the world, Norway’s, had a loss of 1.68 trillion Norwegian kroner ($174 billion) in the first half of 2022
Final charity lunch with Warren Buffett sets new record with $19m winning bid.
In the 21st and final time that the billionaire businessman auctioned a private meal to benefit a San Francisco charity, a wealthy person bid a
Germany’s Allianz plead guilty in a US fraud case, and agreed to pay $6b, fund managers also charged.
Over the collapse of a group of investment funds early in the COVID-19 pandemic, Germany’s Allianz SE agreed to pay more than $6 billion and
