North America

The US investment bank sidesteps an avoidable reputational own goal as a planned football European Super League collapses.

As US Spac deals start to slow after an extraordinary first quarter, any new growth must come from outside the US

The Israeli fintech grew fast through the pandemic turmoil. As it prepares a full launch in the US, it will be listed on Nasdaq, but not through an IPO.

Outsourced FX trading providers have seen growing interest in their services from a wider variety of clients during the past 12 months as fee pressures and coronavirus restrictions impact on fund managers’ operating models.

Buying a 10% stake in China Merchants Bank’s wealth management arm for $415 million gives JPMorgan greater access to China’s vast private wealth market. It is a deal that benefits both parties, and underscores JPMorgan’s quiet but concerted success story in Asia’s largest economy.

Siebert Williams Shank is a top-10 lead manager for municipal issuers. Chief executive Suzanne Shank explains how a merger and building capabilities in commercial paper, share buybacks, corporate bonds, ECM and Spacs show the firm’s determination to keep growing.

Non-fungible tokens are the inevitable end-product of the current everything bubble.

The former head of Credit Suisse has a network of wealthy investors to provide patient capital to a target and a vision for growth from his time at Prudential.

Black-owned broker-dealers have largely been excluded from the mainstream of corporate debt and equity capital raising. The bulge-bracket banks are now working to correct this, inviting firms owned and staffed by racial minorities, women and veterans to lead their own deals and showcase their capabilities to corporate clients.

The data-cloud company has laid down an intriguing marker for its peers

Deliveroo’s pending stock sale gives London a much-needed financial boost, but the global IPO market is becoming a straight fight between China and the US.

Citi’s new CEO Jane Fraser set out her vision statement this week. It was solid stuff, but Euromoney suggests some bolder moves for the US bank in Asia, including a secondary local listing, and the creation of a new position of co-CEO, to be installed in a region vital to the bank’s future.

The February sell-off in US treasuries was short-lived, but it highlights the dangers in long-dated bonds.

Heads of research are seeing increased demand from clients for FX market intelligence, as a focus on reflation has created a complex investment environment in which investors are grappling with the question of when reflation becomes inflation.

Citadel founder Ken Griffin may have felt more annoyed than threatened by his day testifying to Congress about volatility in GameStop and other stocks popular with retail investors, but scrutiny of market making and clearing is set to increase.

The link between share ownership and voting rights has been weakening for a long time. With dual-class share structures more popular than ever, is the struggle to resist their rise now over?

IPO volumes for special purpose acquisition companies have been extraordinary since the start of 2020, but looking at them through the lens of future M&A is when they start to look most shocking.

If bankers and investors thought they were having a hard time navigating the never-ending flow of Spacs, they should spare a thought for the regulators.

The dinosaurs of the banking world have recognised the threat from crypto. While there is no simple choice yet for fast and cheap cross-border payments, near instant domestic payments are the new reality.

More companies are preparing to accept payment in crypto as the number of customers with digital wallets swells. But a confusing proliferation of payment methods means that innovation has made collecting payments harder, not easier.

The Churchill Capital deal for electric vehicle maker Lucid was long rumoured. The share price fall when it was confirmed raises questions for regulators.

Just when you thought the Spac market couldn’t get any hotter, news emerges that it is now backed by its very own rap artist.

The Australian financial services company has announced a profit guidance upgrade prompted by a win from its commodities business thanks to the crisis in Texas. It’s a bad look, but it illustrates both a complex and flawed market, and a bank with a great eye for a niche.

Investors modelling prices from data across fragmented and illiquid bond markets find that cloud computing brings speed, while AI offers precision.

Mid-market specialist DC Advisory has come a long way since its days as a unit of Close Brothers. UK chief executive Richard Madden reckons its acquisition by Daiwa and subsequent build-out of a more coherent international franchise has stood it in good stead.

Defining the boundaries of accuracy is crucial to useable financial forecasts. Experts are, nevertheless, reluctant to advocate omitting data that has previously proved of no value.

Crypto enthusiasts have hailed the electric car company’s announcement it will accept payment in bitcoin as a ringing endorsement – but not everyone is convinced.

Mobilization of angry hordes is easy: those wishing to keep order are already being left behind.

Anchor investors usually come into a Spac through a pre-merger Pipe deal. But the latest Europe-focused vehicle has brought them in from the very start.

When Robinhood stopped retail investors from buying more GameStop shares in their battle with the hedge fund short-sellers, it put itself squarely in their sights.