Financial Institution and Funds - Investment Banking Today

Covered Transactions and Considerations in Fund Finance

JD Supra: Mergers

JUNE 18, 2024

Section 23A and Super 23A can create additional complications for lenders in the fund finance market. By: Mayer Brown

Finance

Finance Finance Funds Financial Institution

How the Proposed U.S. “Protecting Consumers from Payment Scams Act” Could Impact Financial Institutions’ Fraud Prevention Efforts

Global Banking & Finance

SEPTEMBER 9, 2024

1978 Electronic Fund Transfer Act (EFTA), designed primarily for unauthorized transfers, are proving insufficient in the face of deception and social engineering. By Anurag Mohapatra, NICE Actimize, SME and Sr. Product ManagerFraud Subject Matter Expert As digital payment platforms continue to evolve, so do the fraudsters.

Financial Institution

Financial Institution Electronics Engineering Funds

TorQuest Partners racks up $2.1bn for sixth fund

PE Hub

DECEMBER 15, 2023

Fund VI's limited partners include including public and private pension plans, endowments, sovereign wealth funds, financial institutions, insurance companies and family offices. The post TorQuest Partners racks up $2.1bn for sixth fund appeared first on PE Hub.

Funds

Funds Financial Institution Insurance

Brookfield Asset Management wraps up third infrastructure debt fund

PE Hub

NOVEMBER 3, 2023

BID III's limited partners include public and private pension plans, sovereign wealth funds, financial institutions, endowments, foundations and family offices. The post Brookfield Asset Management wraps up third infrastructure debt fund appeared first on PE Hub.

Asset Management

Asset Management Debt Funds Management

Charlesbank Capital Partners wraps up third credit fund at $1.5bn

PE Hub

JANUARY 31, 2024

Charlesbank Credit Opportunities Fund III's LPs include public and corporate pensions, endowments, foundations, financial institutions, asset managers and family offices, as well as high-net-worth individuals. The post Charlesbank Capital Partners wraps up third credit fund at $1.5bn appeared first on PE Hub.

Funds

Funds Capital Financial Institution Asset Management

A Climate Fund Could Pay Billions to Protect Trees in Amazon and Beyond

The New York Times: Banking

OCTOBER 3, 2024

Brazil is proposing a fund that would pay countries to protect tropical forests that are crucial to curbing climate change. It would generate returns, too.

Funds

Funds IT Financial Institution Stock

Book Review: ‘Taming the Street,’ by Diana B. Henriques, and ‘The Problem of the Twelve,” by John Coates

The New York Times: Banking

SEPTEMBER 12, 2023

Henriques, and “The Problem of Twelve,” by John Coates, tell the story of America’s powerful and unwieldy financial institutions. “Taming the Street,” by Diana B.

Financial Institution

Financial Institution Funds Capital Investment

The Risks Hidden in Public Pension Funds

The New York Times: Banking

AUGUST 4, 2023

Attracted by promises of high returns, many public pension funds have been loading up on private equity but may not fully appreciate the dangers, our columnist says.

Funds

Funds Private Equity Equities Mergers and Acquisitions

Founders of Three Arrows, Failed Crypto Fund, Are Living Large

The New York Times: Banking

JUNE 9, 2023

The implosion of Three Arrows Capital, a cryptocurrency hedge fund, devastated the industry. Its two founders spent the next year surfing, meditating and traveling the world.

Funds

Funds Capital IT Financial Institution

Western Banks Help Fund Blacklisted Oligarch’s Charity

The New York Times: Banking

AUGUST 27, 2023

Konstantin Malofeyev’s foundation funds orphanages in occupied Ukraine. He denies that a child-removal program there is a war crime: “All of this is fake.”

Funds

Funds Banking Bank Financial Institution

Supreme Court Rejects Challenge to Consumer Watchdog’s Funding

The New York Times: Banking

MAY 16, 2024

A decision against the agency, the Consumer Financial Protection Bureau, could have cast doubt on all of its regulations and enforcement actions.

Funds

Funds IT Financial Institution Bank

Can You Supercharge Your Business Growth? The Roll-Up Strategy REVEALED

How2Exit

NOVEMBER 25, 2024

Financial institutions, through methods like industrial revenue bonds and mezzanine loans, present existing CEOs and potential entrepreneurs with creative funding structures to support roll-ups. Many acquisitions are funded through a blend of debt financing, seller financing, and equity rollovers.

Business

Business Mergers and Acquisitions Finance Finance

How Does the World’s Largest Hedge Fund Really Make Its Money?

The New York Times: Banking

NOVEMBER 1, 2023

Ray Dalio’s investing tactics have always been a closely kept secret, even inside Bridgewater Associates. Several years ago, some of Wall Street’s biggest names set out to discover his edge.

Funds

Funds IT Investment Financial Institution

BNY Mellon launches new FX platform to help manage execution and access to price transparency

The TRADE

OCTOBER 25, 2023

Named Universal FX, the platform supports BNY Mellon clients across all market segments, including investment managers, corporates, hedge funds and wealth managers. BNY Mellon has launched a new foreign exchange (FX) platform, meeting client demands to manage execution across their entire portfolio and access improved price transparency.

Management

Management Financial Institution Portfolio Investment Manager

BNY Mellon launches new white labelling solution for its LiquidityDirect platform

The TRADE

OCTOBER 24, 2023

BNY Mellon has launched a new white labelling service for its LiquidityDirect platform, offering financial institutions a liquidity management solution for their end clients. Morgan Stanley Investment Management (MSIM) will be the first financial institution to adopt the new white labelling service offering.

Financial Institution

Financial Institution IT Investment Manager Management

GFO-X names ABN AMRO Clearing, IMC, Standard Chartered Bank and Virtu Financial as strategic partners ahead of launch

The TRADE

DECEMBER 10, 2024

As a market maker, our strategic connection with GFO-X underscores our commitment to the institutional digital asset futures and options market a rapidly evolving space we believe holds significant potential for continued growth and opportunity, said Osi Lilian, IMC Strategic Investments co-lead.

Banking

Banking Bank Trading Financial Institution

Can Ghana’s Debt Trap of Crisis and Bailouts Be Stopped?

The New York Times: Banking

SEPTEMBER 18, 2023

The government of Ghana is essentially bankrupt, and has turned to the International Monetary Fund for its 17th financial rescue since 1957.

Debt

Debt Government Funds IT

Bill Hwang, Whose Firm Archegos Collapsed in 2021, Is About to Go on Trial

The New York Times: Banking

MAY 8, 2024

The hedge fund is accused of borrowing money from banks to buy stocks.

Funds

Funds Stock Banking Bank

Wall St. Is Minting Easy Money From Risky Loans. What Could Go Wrong?

The New York Times: Banking

DECEMBER 27, 2024

Everyone from Jamie Dimon to the International Monetary Fund is ringing alarms about the shadowy world of private credit. But the money keeps rolling in.

Funds

Funds Private Equity Financial Institution Debt

Detroit Nonprofit CFO Accused of Stealing $40 Million

The New York Times: Banking

JUNE 5, 2024

Prosecutors said the financial chief of the Detroit Riverfront Conservancy used the group’s funds for personal purchases from Louis Vuitton and a diamond dealer.

Funds

Funds Accountant Financial Institution Bank

What is Payment Processing? How It Works and Its Advantages

Razorpay

MAY 6, 2024

A seamless payment solution hinges on this knowledge, ensuring a secure and efficient exchange of funds for goods and services. From credit card payments to digital wallets, comprehending the intricacies of payment processing is vital in safeguarding financial interests and facilitating the smooth flow of commerce.

IT

IT Financial Institution Funds Financial Transaction

U.S. and Europe Eye Russian Assets to Aid Ukraine as Funding Dries Up

The New York Times: Banking

DECEMBER 21, 2023

Despite legal reservations, policymakers are weighing the consequences of using $300 billion in Russian assets to help Kyiv’s war effort.

Funds

Funds Financial Institution Debt Government

Africa Needs Its Debts Paused So It Can Prepare for Climate Catastrophe

The New York Times: Banking

OCTOBER 8, 2023

Instead of receiving funds to address the climate crisis, Africa is borrowing money at a cost up to eight times higher than the rich world to rebuild.

Debt

Debt IT Funds Financial Institution

A ‘Shadow’ Lending Market in the U.S., Funded by Insurance Premiums

The New York Times: Banking

OCTOBER 4, 2023

Apollo was the first to use annuities to build a major financing business. Others followed, driving the growth of the private lending market and worrying regulators.

Insurance

Insurance Funds Finance Finance

BoE finds non-bank financial firms pose wider risks in crisis periods

Global Banking & Finance

NOVEMBER 29, 2024

LONDON, Nov 29 (Reuters) – Non-bank financial institutions such as hedge funds remain vulnerable to a sudden financial shock and would not all be able to access the funding they would need in such a crisis, the Bank of England said on Friday.

Banking

Banking Bank Financial Institution Funds

How to raise first equity finance for your business

Growth Business

JUNE 29, 2023

The objectives you set for the business will dictate the type of finance you should raise: the two key options being equity (selling shares in your company) and debt (borrowing from a bank or financial institution). If growth and sale are not part of your plan, then an equity raise is not the right choice for you.

Finance

Finance Finance Equities Business

China Finance and Real Estate Sectors Threaten Economy, I.M.F. Says

The New York Times: Banking

NOVEMBER 7, 2023

The International Monetary Fund warned of risks from overstretched lenders and developers even as it raised economic growth forecasts for this year and next.

Finance

Finance Finance Economics Funds

Ether Cryptocurrency ETFs Are Approved by the SEC

The New York Times: Banking

MAY 23, 2024

The Securities and Exchange Commission gave its blessing to a fund that tracks the price of the most valuable cryptocurrency after Bitcoin.

Funds

Funds Securities IT Financial Institution

Citi Is Sued by New York State Over Account Transfer Fraud

The New York Times: Banking

JANUARY 30, 2024

New York’s attorney general said the bank failed to protect its customers from hackers who, in some cases, stole their life savings and college funds.

Accountant

Accountant Funds Banking Bank

BlackRock and Citadel Securities back new Texas-based challenger exchange

The TRADE

JUNE 5, 2024

Designed to rival the likes of incumbent exchanges Nasdaq and NYSE in the US, Texas Stock Exchange (TXSE) has raised $120 million from around a dozen investors including BlackRock and Citadel Securities in a funding round closed in May.

Securities

Securities Capital Raising Investors Financial Institution

The State Had One Woman’s Unclaimed Funds. It Turned Out to Be a Windfall

The New York Times: Banking

MARCH 23, 2024

A financial firm told an account owner that it had turned over her money to the state. When she filed a claim, something strange happened.

IT

IT Accountant Funds Financial Institution

I.M.F. Sees Steady Growth but Warns of Rising Protectionism

The New York Times: Banking

APRIL 16, 2024

The International Monetary Fund offered an upbeat economic outlook but said that new trade barriers and escalating wars could worsen inflation.

Economics

Economics Funds Trading Financial Institution

SEC tags hedge funds trading Treasuries as ‘dealers’ under new rule change

The TRADE

FEBRUARY 7, 2024

The Securities and Exchange Commission (SEC) has adopted two rules related to changes to the definitions of ‘dealer’ and ‘government securities dealer’, with the final rule set to inflict more scrutiny and compliance burdens on hedge funds.

Trading

Trading Funds Securities Financial Institution

Supreme Court Skeptical in That Could Hobble Consumer Watchdog

The New York Times: Banking

OCTOBER 3, 2023

The justices heard a challenge to the way Congress funded the Consumer Financial Protection Bureau but seemed persuaded that it was constitutional.

Funds

Funds IT Financial Institution Debt

Divisions Among Finance Ministers Flare Over Seizing Russian Assets

The New York Times: Banking

FEBRUARY 28, 2024

France’s finance minister, Bruno LeMaire, said there was no legal rationale for giving the Russian central bank funds to Ukraine.

Finance

Finance Finance Funds Banking

When Property Investors Want Out, These Bargain Hunters Rush In

The New York Times: Banking

SEPTEMBER 3, 2024

Investment firms are raising record sums for real estate secondary funds that cut private deals to buy assets from investors who can’t otherwise exit.

Investors

Investors Funds Investment Private Equity

F.D.I.C. Says Banks Need to Keep a Record of Their Fintech Customers

The New York Times: Banking

SEPTEMBER 17, 2024

Banks holding customer funds for money management apps should keep track of customers’ identities and balances, the agency says.

Banking

Banking Bank Funds Management

JPMorgan Chase, Bank of America and Wells Fargo Earned Billions

The New York Times: Banking

JANUARY 12, 2024

JPMorgan Chase, Bank of America and Wells Fargo reported healthy quarterly profits despite having to pay to replenish the industry’s deposit insurance fund.

Banking

Banking Bank Insurance Profitability

Andreessen Horowitz, Benchmark and the Transformation of Venture Capital

The New York Times: Banking

DECEMBER 13, 2024

The opposing paths taken by two powerful firms Benchmark and Andreessen Horowitz embody a profound debate about the future of an industry that funds and fosters American innovation.

Capital

Capital Funds Financial Institution Finance

New crypto trading venue aimed at banks and securities firms has launched as digital assets market infrastructure continues to evolve

The TRADE

DECEMBER 14, 2023

RULEMATCH, a new crypto trading venue, serves banks and securities firms which are already active in the crypto market has launched, offering a combination of integrated, post-trade settlement and ultra-low latency for participants including hedge funds and high frequency traders.

Trading

Trading Banking Bank Securities