Fidelis Insurance gets another $500m of equity from backers including CVC, Crestview, ADIA
Fidelis Insurance has picked up another $500m of equity capital from existing backers including CVC Capital, Crestview and the Abu Dhabi Investment Authority.
Fidelis Insurance has picked up another $500m of equity capital from existing backers including CVC Capital, Crestview and the Abu Dhabi Investment Authority.
Racial diversity among firms has come to the fore amid the surge in activism surrounding the Black Lives Matter movement
India’s JB Chemicals & Pharmaceuticals has wrapped up a $206m loan to support KKR’s acquisition of a majority stake in the company.
Chinese pork producer Muyuan Foods saw lukewarm appetite among banks for its debut syndicated loan, which was closed at a smaller size of $140m.
Standard Chartered has appointed Michael Spiegel as global head of transaction banking, succeeding Lisa Robins, who is retiring from the banking industry.
Simon Field, who spent many years in HSBC’s global banking team looking after public sector clients, has taken up a new position as global head of escrow.
58.com, a Chinese company that focuses on online classified advertisements, is in talks with banks in the country for a financing package of $3bn to support its take private.
Financial services digitisation platform Nymbus has picked up $12m in a new financing round led by major shareholders Insight Partners and Vensure Enterprise. Nymbus said the new capital would go towards supporting rapid market penetration for
Kinderhook has acquired Paramount Specialty Pharmacy and PharmBlue Holdings and will combine them with its existing pharmacy companies Long’s Drugs and PharMedQuest. The new merged platform will operate under the name of Avita Pharmacy. Kinderhook
Private banks are joining public sector issuers in channeling their resources towards tackling the impact of Covid-19. This table tracks the bonds that financial institutions have issued in response to the pandemic.
The Bank of England has said it may be necessary to make ‘temporary changes’ to capital buffers in the UK, owing to concerns that the existing framework could discourage banks from lending during the coronavirus
Berlin-based Moonfare lets individual investors with a minimum of €100,000 invest in private equity funds through its online platform for an annual management fee of 0.5%
Ian Taylor has rejoined Goldman Sachs, as head of equity capital markets for Australia and New Zealand, following a short stint at a fintech-focused merchant bank in the US.
Francisco Partners has held a final closing of three funds, two equity funds and one credit fund, with an aggregate $10 billion of capital. The three new funds are Francisco Partners VI LP with $7.45
Raymond James has added Andy Schwartz to its investment banking team as a managing director and co-head of its newly formed commercial and industrial services sector team. Mr. Schwartz has long been active in the
The bank, run by Wall Street dealmaker Ken Moelis, has hired Philippe Gallone as a managing director
Fortitude Re, of Bermuda, has more than $40bn in invested assets and about $35bn in reserves
Deutsche Bank, Credit Suisse and HSBC pledged to pause headcount cuts in the height of the pandemic, but now are likely to forge ahead
Opalesque Industry Update - NFA has permanently barred Fintech Investment Group, Inc. (Fintech), a former NFA Member commodity trading advisor and forex firm located in Winter Park, Fla., and its former sole principal and associated
The SoftBank-backed UK fintech lender has raised $1bn in funding since it was set up in 2015
