Latest News on private equity markets

AI | Sep 27, 2023 Amazon agrees to invest up to $4 billion in Anthropic to compete against other tech giants like Microsoft, Meta, Google, and Nvidia who are heavily invested in the space. The initial investment will see Amazon infuse $1.25 billion for a minority stake in Anthropic. Furthermore, Amazon retains the option to

Release | Sep 27, 2023 Elevate's Acquisition of CIX is A Testament to Canada's Flourishing Startup Ecosystem Canada's startup landscape has always been a vibrant tapestry of innovation, ambition, and collaboration. At the heart of this ecosystem, organizations like the Canadian Innovation Exchange (CIX) have played pivotal roles in spotlighting the nation's most promising startups

Sep 27, 2023 Citi's groundbreaking partnership with BondbloX underscores the rising prominence of fractional bonds in reshaping the global investment landscape. What are Fractional Bonds? Fractional bonds (see Digital bonds), as the name suggests, allow investors to own a fraction of a bond rather than the entire bond. This concept is similar to buying shares

We polled 300 CIO, equity strategists and portfolio managers about where they stood on the markets for the rest of 2023 and beyond.

Payments | Sep 27, 2023 Jack Dorsey returns to lead Square as it strategically dives into the Canadian cannabis market through a partnership with Jane Technologies, signaling a bold new direction for the fintech giant. In recent developments, Jack Dorsey, the co-founder of Twitter (now known as X) and the mind behind fintech giant Block

The number of Americans who say they are stretched thin has remained stubbornly high as inflation weighs on worker paychecks.

The U.S. federal government could shut down at around the same time student loan payments restart. Here's what borrowers can expect.

The U.S. federal government could shut down at around the same time student loan payments restart. Here's what borrowers can expect.

Regulatory Insights | Sep 26, 2023 OSFI Superintendent Peter Routledge recently delivered a keynote speech at the Global Risk Institute Annual Summit, highlighting the organization's evolving approach to risk management, particularly in the areas of integrity and security. Evolving Mandate Historically, OSFI's primary focus has been on prudential, financial risks, especially post the 2008 global

Report Insights | Sep 26, 2023 Dive into Citi's illuminating insights on the transformative landscape of cross-border payments for 2023 Based on the Citi's latest "Global Perspectives & Solutions:  Future of Cross-Border Payments" report September 2023, here are 10 of the most insightful thought leadership points, statistics, or facts and figures that would be of

In four decades, graduate salaries have decreased by more than 10% after adjusting for inflation, a recent report found.

Capital | Sep 26, 2023 Luge Capital, a trailblazer in fintech-focused venture capital, has unveiled a significant milestone: the first close of its second fund, Luge Capital Fund II, amassing CA$71 million. MONTRÉAL – September 26, 2023 – With an ambitious target of $100 million for the fund, this announcement is set to reverberate across

Lawmakers face a looming deadline to pass a spending bill to prevent a federal government shutdown. Here's what that means for Social Security and Medicare.

In the world of startup financing, one term that can stand out is liquidation preferences. This aspect of venture capital can influence how the proceeds from a company’s sale, merger, or liquidation are distributed among its stakeholders. Whether you’re an … Continue reading →

Pandemic-era manufacturing lulls pushed used car prices and ages higher. As prices have soared, here are three things to consider when shopping around for one.