Latest News on private equities market

Warren Buffett's Berkshire Hathaway just made a fast $1 billion on Snowflake's surging IPO

Warren Buffett's Berkshire Hathaway just made a fast $1 billion on Snowflake's surging IPO

Warren Buffett's Berkshire Hathaway made the investment despite his aversion to IPOs.

6 years ago
Warren Buffett's Berkshire Hathaway just made a fast $800 million on Snowflake's surging IPO

Warren Buffett's Berkshire Hathaway just made a fast $800 million on Snowflake's surging IPO

Warren Buffett's Berkshire Hathaway made the investment despite his aversion to IPOs.

6 years ago
KYC and KYP led banks to push in-house products more, exec says

KYC and KYP led banks to push in-house products more, exec says

Investment Executive | Rudy Mezzetta | Sep 2, 2020 Increasing compliance requirements — such as enhanced know-your-product rules — provided cover for Canada’s banks to focus ever more exclusively on selling their in-house investment products, shutting out independent products and limiting client choice, says Sheila Murray, a corporate director and former president of CI Financial.  “Under the guise of compliance and risk aversion, and doing the right


The post KYC and KYP led banks to push in-house products more, exec says first appeared on National Crowdfunding & Fintech Association of Canada.

6 years ago
The Fed keeps rate steady. Here’s how that benefits short-term borrowers

The Fed keeps rate steady. Here’s how that benefits short-term borrowers

Thanks to the central bank, short-term borrowing rates will stay near rock bottom but you may have to act quickly to get the most benefit. 

6 years ago
Coronavirus crisis caused 40% of parents to change their job situation, survey finds

Coronavirus crisis caused 40% of parents to change their job situation, survey finds

The coronavirus crisis caused 40% of parents to change their job situation, a new FlexJobs survey finds. Women have been disproportionately hit, with 17% having to quit their jobs, compared to 10% of men.

6 years ago
Detour: An altered path to profit for European fintechs

Detour: An altered path to profit for European fintechs

McKinsey & Company | Chandana Asif, Max Flötotto, Tunde Olanrewaju, and Giuseppe Sofo | Sep 9, 2020 To navigate the economic fall-out from COVID-19, Europe’s fintechs will need to adjust their playbook. Fintechs have been on a roll. Fueled by generous amounts of venture capital funding, last year 24 financial services startups hit a valuation


The post Detour: An altered path to profit for European fintechs first appeared on National Crowdfunding & Fintech Association of Canada.

6 years ago
The new urgency of global tech governance

The new urgency of global tech governance

Brookings | Landry Signé, Mark Esposito, and Sanjeev Khagram | Sep 10, 2020 Pandemic lockdowns, digitalization, and the acceleration of the Fourth Industrial Revolution (4IR) are all driving a shift in global governance. Since the world’s technological leaders will also be geopolitical leaders, the competition for dominance in cutting-edge sectors like artificial intelligence is intensifying. The


The post The new urgency of global tech governance first appeared on National Crowdfunding & Fintech Association of Canada.

6 years ago
Activist ValueAct played a key role in speeding up Citigroup CEO's retirement, sources say

Activist ValueAct played a key role in speeding up Citigroup CEO's retirement, sources say

Details of the pressure the New York-based bank faced from its activist investor hadn't been reported until now. The lessons from this episode will likely inform how Corbat's successor interacts with the bank's large investors.

6 years ago
This will be the biggest year ever for software IPOs as coronavirus and work-from-home show value

This will be the biggest year ever for software IPOs as coronavirus and work-from-home show value

Counting the four IPOs this week, software IPOs will have raised roughly $7.8 billion year to date.

6 years ago
Looking to reverse that withdrawal from your retirement account? Here's how to fix it and save on taxes

Looking to reverse that withdrawal from your retirement account? Here's how to fix it and save on taxes

Savers were allowed to skip the 2020 required minimum distribution from their retirement accounts. Those who already took the withdrawal had until Aug. 31 to return it. What to do if you missed the deadline.

6 years ago
If you're in your 40s, it's time to put together a strategy to rescue your retirement

If you're in your 40s, it's time to put together a strategy to rescue your retirement

If you're late to the game, now is the time to nail down a solid retirement strategy.

6 years ago
Yelp data shows 60% of business closures due to the coronavirus pandemic are now permanent

Yelp data shows 60% of business closures due to the coronavirus pandemic are now permanent

Yelp on Wednesday released its latest Economic Average Report, revealing business closures across the U.S. are increasing as a result of the coronavirus.

6 years ago
Expert Tips and Strategies for Crypto Trading

Expert Tips and Strategies for Crypto Trading

Guest post | Sep 15, 2020 Prices of the cryptocurrency market are extremely interchangeable. This is why many people easily turn away or give up crypto trading, however, there are well thought of ways available to make this kind of trading easier and to help you keep up with this volatile market. Here are some


The post Expert Tips and Strategies for Crypto Trading first appeared on National Crowdfunding & Fintech Association of Canada.

6 years ago
A snapshot of the $1.2 trillion freelance economy in the U.S. in the age of Covid-19

A snapshot of the $1.2 trillion freelance economy in the U.S. in the age of Covid-19

More than one-third of the American workforce freelance amid the Covid-19 pandemic, contributing $1.2 trillion to the U.S. economy, a study by Upwork revealed Tuesday.

6 years ago
Social Security cost-of-living adjustment could be 1.3% in 2021

Social Security cost-of-living adjustment could be 1.3% in 2021

Retirees who count on Social Security checks for income might be disappointed when the annual cost-of-living adjustment is announced next month. One group estimates 2021 benefits might go up by 1.3%, one of the lowest increases in recent years.

6 years ago