Search Results for: ICO
CVC Capital Partners acquires majority stake in betting operator Tipico
April 26th, 2016
CVC Capital Partners announced today that funds advised by CVC Capital Partners (“CVC”) have signed a binding agreement for the acquisition of a majority stake in Tipico Group (“Tipico”). The current proprietors will remain shareholders in the company. The ...
Ingenico Group expands its footprint in Japan with Lyudia acquisition
April 26th, 2016
Ingenico Group (Euronext: FR0000125346 – ING), global leader in seamless payment, announced today the acquisition of 70% of Lyudia, its distribution partner in Japan. The two companies have been in a partner agreement since February 2014 providing a full ...
BNP Paribas embraces Silicon Valley through Plug and Play partnership
April 8th, 2016
BNP Paribas and its US subsidiary Bank of the West are looking to bolster their relationship with Silicon Valley through a partnership with the fintech platform of giant technology accelerator Plug and Play. The banks have signed up as ...
Deutsche Bank opens innovation lab in Silicon Valley
April 7th, 2016
Deutsche Bank announced today that it has opened an innovation lab in Silicon Valley, with a launch event attended by its Co-Chief Executive John Cryan on Tuesday. The lab in Palo Alto will enable the Bank to evaluate emerging ...
U.S. court orders UBS to pay $4.7 mln in Puerto Rico divorce flap
April 5th, 2016
A UBS AG unit must pay more than $4.7 million to a customer’s former spouse who alleged that the firm improperly released accounts worth $12 million to her ex-husband despite a court order freezing those assets, a U.S. federal ...
Finra arbitration panel orders UBS to pay for damages over Puerto Rico bond losses
March 28th, 2016
Damages linked to the commonwealth’s distressed debt continue to climb UBS Group AG’s wealth management business for the Americas must pay more than $470,000 to three investors who claimed damages because their accounts were over-concentrated in Puerto Rico bonds ...
Helicopter Money: Global Central Banks Consider Distributing Money Directly To The People
March 24th, 2016
Should central banks create money out of thin air and give it directly to governments and average citizens? If you can believe it, this is now under serious consideration. Since 2008, global central banks have cut interest rates 637 ...
Amsterdam becoming “silicon valley” of fintech
February 18th, 2016
The FinTech sector is on fire in the Netherlands, to such an extent that Amsterdam may well be on its way to becoming the “Silicon Valley” of FinTech companies, according to Don Ginsel, chairman of financial startups trade association ...
Crédit Agricole confirms reorganisation plan
January 20th, 2016
After the publication of a media speculation, Credit Agricole Group indicates the following. As a part of its medium term plan, Crédit Agricole Group works on the improvement of its organization, in particular of its capital structure, to enable Crédit ...
Goldman Sachs inks joint Mexico energy, infrastructure deal
January 19th, 2016
The private equity arm of Goldman Sachs Group Inc (GS.N) has teamed up with Mexican consulting firm Ainda to jointly invest in energy and infrastructure projects in Mexico, a person familiar with the matter said. Goldman’s Merchant Banking Division ...
