Latest News on private equities market

International Investment | Pedro Gonçalves | Nov 4, 2020  Hong Kong will regulate all cryptocurrency trading platforms operating in the financial hub, the city's markets watchdog said, changing its previous "opt in" approach. Ashley Alder, chief executive officer of the Securities and Futures Commission (SFC), said during the 2020 Hong Kong FinTech Week that the requirement

The post Hong Kong's securities watchdog to regulate all crypto exchanges first appeared on National Crowdfunding & Fintech Association of Canada.

Finance Canada, Minister’s Advisory Committee on Open Banking | Kirsten Fraser | Nov 4, 2020 The Committee has developed a set of proposals which, taken together, outline a model for a hybrid Canadian approach to enable a system of open banking. They believe that Canada requires an approach to open banking that incorporates elements from other jurisdictions and

The post Finance Canada Announces Second Phase of Open Banking Virtual Consultations Dates first appeared on National Crowdfunding & Fintech Association of Canada.

After dumping growth stocks and swapping into value plays, money managers are rotating back to growth as election results come in, the "Mad Money" host said.

The end of a $600 weekly subsidy to unemployment benefits has led to a rapid rise in financial stress among households since August, according to research.

Workers are taking advantage of permanent remote work to relocate — even if it means taking a pay cut, especially from these five cities.

Set aside your Election Day anxiety and focus on what you can still control: your 2020 tax bill.

Fast Company | Christopher Zara | Nov 3, 2020  Ant Group’s record-breaking dual IPO has been halted. The extraordinary move comes after Ant executives—along with Alibaba founder Jack Ma, who controls the fintech giant—were summoned to a meeting yesterday with Chinese regulators. See: A $7 Credit Limit: Jack Ma’s Ant Lures Hundreds of Millions of Borrowers While

The post China Stops Jack Ma's Billion Ant IPO From Going Ahead first appeared on National Crowdfunding & Fintech Association of Canada.

Investment activity in 401(k) plans was more than twice the normal daily average on the eve of the U.S. presidential election, with moves toward fixed income.

Inc. | Justin Bariso | Nov 3, 2020 It was a late night in September, 9:44 p.m., to be exact. At a very small airport, in a German city most have never heard of, Volkswagen CEO Herbert Diess patiently waited for the arrival of a special guest: Tesla CEO Elon Musk. Musk had arrived in Germany a few

The post Elon Musk Had a Private Meeting With Volkswagen's CEO. It's a Brilliant Lesson in Emotional Intelligence first appeared on National Crowdfunding & Fintech Association of Canada.

Bloomberg | Bloomberg News | Nov 2, 2020 For American brands struggling to survive the resurgent coronavirus, China is proving to be one of the few bright spots. As Alibaba Group Holding Ltd. prepares to host its biggest and most global shopping marathon ever, its position as a gateway to the world’s fastest-recovering economy is winning points

The post Magic Johnson Selling Gels Shows Why Alibaba Escaped Trump first appeared on National Crowdfunding & Fintech Association of Canada.

As Republicans and Democrats face off in the polls on Tuesday, the votes will also determine how quickly Americans receive more coronavirus stimulus aid.

While the "stimulus trade" was wounded last week, most traders believe it still has legs.

The Covid-19 pandemic disrupted tax and retirement planning for small-business owners, especially those focused on saving their businesses from the fallout earlier this year. With some hard work, however, there is still time to get back on track by Dec. 31.

Cash-strapped small businesses and their banks can't wait to kick off the forgiveness process. Why some firms might be better off proceeding slowly.

"If we had instant, systematic testing, we wouldn't be here. We wouldn't be talking now about the pandemic," said Nassim Taleb, author of "Black Swan."