Standard Chartered Bosters’ acquisition finance and leverage platform with the hire of Roy Kuruvilla
NEW YORK–(BUSINESS THREAD)–Standard Chartered Bank (the “Bank”) today announced the hiring of Roy Kuruvilla as managing director of its leveraged and acquisition finance platform in the Americas. In his role, Roy is responsible for developing the Bank’s leveraged and acquisition finance business strategy for the region and ensuring the consistency and effectiveness of delivering relevant credit market solutions and products to clients. Based in New York, Roy will report to David Law, Head of Leveraged and Acquisition Finance, Europe and Americas, with a regional reporting line to Molly Duffy, Head of Financial Markets, Europe and Americas. “Talent acquisition is a…
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Indian Finance Minister Urges Crypto Investors to Exercise Caution as Authorities Investigate Exchanges: Regulation Bitcoin News
India’s finance minister has warned investors about cryptocurrency as the country’s Enforcement Directorate (ED) investigates a number of crypto exchanges and freezes the assets of some trading platforms. Indian Finance Minister Warns About Crypto India’s Finance Minister Nirmala Sitharaman warned about the cryptocurrency at an event organized by the BJP Economic Cell on Saturday. He warned the public and entrepreneurs that cryptocurrency is not currency, affirming: The government has already warned. I think we will all have to share our thoughts and proceed with some caution on this. Thursday, News 18 reported that the finance minister asked investors to be…
Read More »Synapse Announces Partnership with Lineage Bank, Enabling a Wide Range of Financial Services for Fintech Companies and Their Customers
SAN FRANCISCO–(BUSINESS THREAD)–Synapse Financial Technologies Inc., a banking-as-a-service (BaaS) platform that increases access to best-in-class financial products, and Lineage Bank, a growing traditional community bank based in Franklin, Tenn., today announced a partnership to enable fintech companies and other non-bank entities to build and deliver innovative financial applications and services. “We are excited to welcome Lineage Bank as part of our multi-bank strategy, which enables us to serve fintech clients in faster, more flexible and more comprehensive ways,” said Sankaet Pathak, CEO and co-founder of Synapse . “Lineage is an agile and fast bank that recognizes the power of the…
Read More »Private equity firms defend oil and gas sector amid energy crisis
Some private equity firms that back oil and gas companies are becoming increasingly vocal about the role the sector can play as the world shifts to cleaner energy, and are using the current crisis to energy to do it. Energy-focused firms including NGP Energy Capital Management, Pickering Energy Partners and Quantum Energy Partners have sent articles, reports and presentations to investors highlighting the importance of oil and natural gas during the transition to renewables. The effort comes as investors continue to pour less money into fossil fuels. Private equity firms argue that the renewable energy sector cannot expand capacity fast…
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Alex Mashinsky took control of the Celsius business strategy months before the bankruptcy
In January, Celsius Network head Alex Mashinsky gathered his investment team to tell them he would take control of the crypto lender’s trading strategy ahead of an upcoming US Federal Reserve meeting. Prices of popular cryptocurrencies such as bitcoin and ether had fallen from their all-time highs and the former telecoms entrepreneur said Celsius needed to protect itself from further falls. He was convinced that a hawkish result could send cryptocurrency prices crashing. In the days before the Fed meeting, Mashinsky personally ran individual trades and overruled executives with decades of financial experience, according to several people familiar with the…
Read More »Financial wellness benefits employees want
In today’s workforce, nothing is off limits when it comes to the support employees seek to improve their financial situation. Forty-one percent of employees are currently living paycheck to paycheck, according to Willis Towers Watson, up from the pre-pandemic level of 38%. With no extra funds at the end of the month, 75% of employees report financial stress, with their top concerns being the inability to save for retirement, as well as the challenges of paying down debt and building a fund emergency, SoFi research found. Read more: Breakup leave? The mourning of indoor plants? Here are 10 unusual perks…
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IBN (InvestorBrandNetwork) announces ‘Dr. Live Finance’
LOS ANGELES, Aug. 16, 2022 (GLOBE NEWSWIRE) — via InvestorWire – IBN, a multifaceted financial news and publishing company for public and private entities, today announced that NFL Hall of Famer Brett Favre and Dr. Jacob VanLandingham, Head of Drug Development for medical technology company Odyssey Health Inc. (OTC: ODYY), was recently featured in Dr. Finance Live, a podcast series focused on changing the way you think about economics and finance. The broadcast, presented by best-selling author and entrepreneur Dr. Anthony M. Criniti IV (aka “Dr. Finance®”), is available for on-demand viewing at Dr. Finance Live. During the interview, Favre…
Read More »HKD570.2M MEITUAN-W AASTOCKS Financial News Southbound Trade Net Outflow
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