M&T says Tricolor-related lawsuit could lead to losses
M&T Bank Faces Lawsuit Over Allegations of Failing to Protect Investors M&T Bank, a leading financial institution based in Buffalo, New York, could potentially face losses due to a lawsuit launched by a group of investors. The investors claim that Wilmington Trust, M&T Bank’s subsidiary, failed to protect them from the fallout resulting from the […]
With advisors’ help, investors piled into private markets in 2025
Despite warnings about the dangers of private equity, credit, and similar assets, retail investors are piling ever-larger amounts of money into them. And advisors are becoming more willing to help them do it. These trends are evident in recent reports from Robert A. Stanger and Blackstone, which highlight the increasing interest in private markets among […]
Remitly hires Santander alum as its next CEO
Remitly Appoints Sebastian J. Gunningham as CEO Remitly, a popular remittance service, has recently announced the appointment of Sebastian J. Gunningham as its new CEO. This decision comes as the company’s co-founder, Matt Oppenheimer, transitions to a role as board chair. Gunningham, who officially takes over as CEO on Thursday, brings a wealth of experience […]
PEXA may well get its monopoly
Understanding PEXA’s Monopoly in E-Conveyancing Property Exchange Australia (PEXA), the leader in the e-conveyancing industry, currently holds an impressive 99 per cent market share. This monopoly position, though seemingly unassailable, has been a subject of considerable controversy and debate. Here Analysis by Nous Group On the eve of Christmas, the Australian Registrars’ National Electronic Conveyancing […]
Banks that won on deposit growth in 2025 got boost from M&A
Mergers and Acquisitions Boost Bank Deposit Growth in 2025 Recent financial market trends indicate that regional banks that closed M&A deals in 2025 would have experienced a slower-than-average core deposit growth without these acquisitions. This key insight, backed by data from the Invictus Group, reveals that banks in the $10 billion-$100 billion asset tier would […]
Financial advisors are failing child-free clients. Here’s how to fix it
The American Dream: Then and Now When the phrase the “American Dream” was coined in the 1930s, it represented the promise of endless opportunity and the hope that each generation could do better than the last — even in the midst of the Great Depression. The Changing Landscape of Financial Planning After World War II, […]
The KKR partner excited about the deal that lost $1.3bn is long gone
The Rise and Fall of Private Equity: The Story of Timothy Franks Private equity, once seen as a stable and profitable career path, is facing challenges as firms struggle to turn past investments into cash. This shift is exemplified by the career trajectory of Timothy Franks, a former partner at Advent International and KKR. A […]
Brazil’s central bank shuts down lender connected to Banco Master
Brazil’s Central Bank Liquidates Banco Pleno In a recent turn of events, the Central Bank of Brazil (BCB) has decided to shut down the operations of the small-scale lender, Banco Pleno. The bank is reportedly associated with the Banco Master case, which has been a cause of considerable disruption in the Brazilian political landscape. The […]
Citi completes Russian exit by selling unit to Renaissance Capital
Citi Finalizes Departure from Russian Market In a significant move, Citi has successfully concluded the sale of its former subsidiary in Russia, AO Citibank, to Renaissance Capital. This development signifies the bank’s total exit from the Russian market. This strategic decision impacts approximately 800 employees working in the country. Citi first announced its decision to […]
6 books that helped Junior Bridgeman become a billionaire
Late billionaire businessman and investor Junior Bridgeman carried one book with him no matter where he went: the Bible. “If there is a book that guided him through everything, it was definitely the Bible,” said his daughter, Eden Bridgeman Sklenar. It was the cornerstone of a voracious reading habit that defined his life and approach […]