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Latest News on private equity markets

Hey big spender - how luxury brands are raising the stakes on Instagram

Big-spending luxury brands like Gucci, Louis Vuitton and Christian Dior are splashing out on everything from dance-fuelled fashion shows to teams of advisers as they target social media platforms in the hunt for young shoppers.



5 years ago

Asprodental on NetCapital

"Asprodental is an enterprise SaaS for dentists. All office operations, from health records to insurance billing, takes place in the software. Less than half a year old, the company already has dealer relationships and a functioning product used by two revenue generating clients to manage $3M of dental business."


The post Asprodental on NetCapital appeared first on Crowditz.


5 years ago

FCA confirms new rules for P2P platforms

FCA | June 7, 2019 Following consultation, the Financial Conduct Authority (FCA) is introducing rules designed to prevent harm to investors, without stifling innovation in the peer-to-peer (P2P) sector. When the FCA set its first rules for P2P, it committed to keep these under review as the sector evolved. These new rules are designed to

5 years ago

Wall Street rallies on rate cut hopes, China tariff delay

Wall Street's main indexes rose 1% on Friday, as a sharp slowdown in May domestic job growth raised hopes of an interest rate cut, while Washington's decision to delay tariffs on Chinese goods added to the upbeat mood.



5 years ago

Wells Fargo to pay customers $386 million over unwanted auto insurance

Wells Fargo & Co will pay at least $386 million to settle class-action claims by customers who said the bank signed them up for auto insurance they did not want or need when they took out car loans.



5 years ago

Former Deutsche Bank co-CEO included in cum-ex probe: paper

German prosecutors are probing former Deutsche Bank co-Chief Executive Anshu Jain and 78 other current and former bank officials as part of an investigation into a dividend tax-stripping scheme, German daily Handelsblatt reported on Friday.



5 years ago

Wall Street rallies on rate cut hopes, trade optimism

Wall Street's main indexes rose about 1% on Friday, as a sharp slowdown in U.S. job growth raised hopes of an interest rate cut, with Washington's decision to delay tariffs on Chinese goods adding to the upbeat mood.



5 years ago

Anadarko pressed Occidental for cash, expecting investor opposition: filing

Anadarko Petroleum repeatedly spurned rival Occidental Petroleum's approaches and pushed for all-cash offers, fearing the market's reaction to the blockbuster $38 billion deal, according to securities filings released on Friday.



5 years ago

U.S. on track to slap tariffs on Mexico as migration talks resume

The Trump administration pushed ahead on Friday with a plan to slap a 5% tariff on imports from Mexico, as the two sides started a third day of talks to reach a deal to stem the flow of mostly Central American migrants into the United States.



5 years ago

Crypto Custody: Our Shared Journey Towards Mass Adoption

Balance | Nuno Silva | June 7, 2019 Over 1 billion dollars worth of crypto assets were stolen from exchanges and trading platforms globally last year. In the infamous case of the Vancouver based QuadrigaCX, people lost entire savings accounts and even mortgages, without any individual real recourse to date. Over the last three years

5 years ago

Trump sees 'good chance' of Mexico migration deal as clock ticks down to tariffs

U.S. President Donald Trump said on Friday there was a "good chance" that the United States would be able to reach a deal with Mexico over migration, although his administration was still pushing ahead with a plan to slap import tariffs on its southern neighbor next week.



5 years ago

UBS switches stance with plan to offer $113 million tax settlement in Italy

UBS looks set to agree a 100 million euro ($113 million) settlement of a money laundering and tax case in Italy within the next few weeks, according to people familiar with the matter, in contrast to a similar case in France.



5 years ago

Boeing delayed fix of defective 737 MAX warning light for three years: U.S. lawmakers

Boeing Co learned that a cockpit warning light on its 737 MAX jetliner was defective in 2017 but decided to defer fixing it until 2020, U.S. lawmakers said on Friday.



5 years ago

Wells Fargo will pay customers $386 million over unwanted auto insurance

Wells Fargo & Co will pay customers at least $386 million to settle class-action claims that the bank signed them up for auto insurance they did not want or need when they took out car loans.



5 years ago

Weak U.S. employment report raises red flag on economy

U.S. job growth slowed sharply in May and wages rose less than expected, raising fears that a loss of momentum in economic activity could be spreading to the labor market, which could put pressure on the Federal Reserve to cut interest rates this year.



5 years ago