Hints and tips:
...Clipway has hired executives from Coller Capital and appointed David Enriquez, a managing director at Rothschild’s merchant bank in New York, as a partner....
...“Through this combination, we’re creating a company that is exceptionally well-positioned to create significant value for consumers, small businesses, merchants and shareholders as technology continues to...
...Capital One’s $35.3bn proposed takeover of Discover Financial Services would fuse two leading credit card lenders and give it control of a network that connects consumers, merchants and banks....
...Microsoft has embedded OpenAI’s technology into its own software services....
...Securities broker faces insider-trading probe tied to Morgan Stanley deals (Wall Street Journal) PE firm Arcline tops KKR’s offer for Circor as bidding war intensifies (Reuters) Morgan Stanley-backed Durango...
...Deloitte is set to cut hundreds of jobs in the UK as clients cut spending on advisory services in a tougher economic environment....
...The Japanese conglomerate also backs Raine’s investment funds, according to Arm’s IPO prospectus, which highlights the bank’s “broad range of advisory services” done for SoftBank in its disclosures on related...
...Through it all, the money has flowed, the cribbing has been maintained, and the service on its ancient debt has held fast....
...Stripe, for example, settles payments for merchants that participate on platforms from Lyft to Shopify....
...While the S&P 500 index tracks the biggest listed American companies, Apollo’s AAA is to be backed by nearly 200 investments made by Apollo’s retirement annuities merchant, Athene....
...Dlocal is a payments processing company that connects merchants with consumers in emerging markets and has partnered with Amazon, Spotify and Microsoft....
...Atlas Merchant invests in several financial services companies. It bought the stockbroker Panmure Gordon with QInvest, an investment vehicle of the Qatari royal family, in 2017 for £15.5mn....
...The trend is further proof of the ambition of alternative asset managers to transcend their origins as mere buyout merchants....
...As with Google’s original Froogle service, merchants cannot pay to have their products featured more prominently. The start-up does well enough to earn a place in Klarna’s shopping trolley....
...Over the weekend, a friend of FT Alphaville shared this article by Indian financial daily LiveMint about BharatPe, a New Delhi-based fintech company that specialises in merchant loan and payments tech....
...“Less than 1 per cent [of users clicking on Google Shopping boxes] will see any rival [price comparison] website — because Google’s boxes only link directly to the merchants’ websites,” he said....
...WarnerMedia’s advisers included Goldman Sachs, which received $47.8m, and merchant bank LionTree, which earned $43.1m, according to Refinitiv estimates....
...to pay for a platform’s services in return for more prominent placement....
...BDT Capital Partners, the Chicago-based investment and merchant banking group run by Trott, will take a 10.7 per cent stake in the firm through preference shares that will pay a coupon....
...He will be replaced by Robert Jordan, currently the executive vice-president of corporate services....
...The move comes just five months after the Wall Street bank reorganised its asset management division, combining it with the former merchant banking unit and placing it under the leadership of Lane and Julian...
...It will now be a place to keep tabs on your various bank and credit card accounts, as well as a conduit for Google to serve up personalised offers from merchants....
...banking with digital-only launch (FT) Saudi Arabia’s ousted spymaster is accused of embezzling billions (Wall Street Journal) Sinopharm/China buyouts: healthy alternative (Lex) Revolut: bitcoin hype-merchant...
...Amazon is 3 per cent lower after the EU brought formal antitrust charges over the way it treats the 150,000 European merchants selling goods through its website....
...for non-banks to provide payments services....
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