California Financial Services

FINANCIAL MANAGEMENT

Future FinTech Group Inc. | September 12, 2022

Future FinTech Group Inc., a blockchain application technology developer and a fintech service provider, announced today that on September 1, 2022, Future FinTech (Hong Kong) Limited, a wholly owned subsidiary of the Company, signed a Memorandum of Understanding for Equity Acquisition (the 'MOU') to acquire Alpha International Securities (Hong Kong) Ltd. (Alpha Securities) from Alpha Financial Limited, a firm based in Hong Kong. The purchase price and acquisition terms of the acqui...

BITCOIN AND CRYPTO

Calypso Group | November 11, 2022

Creonik launches its platform to allow creators to build their communities and monetize their content via crypto. Available in beta, Creonik is powered by the technologies of Calypso Group, a crypto-native fintech ecosystem for businesses. In 2021 Patreon reported there are more than 200,000 creators across the globe who earn a total value of more than $1.2 billion per year. The creator economy still lacks a reliable way to accept subscription payments and donations in crypto Creo...

Credit Suisse | February 10, 2020

Credit Suisse’s incoming chief executive, Thomas Gottstein, plans to put Switzerland’s second-biggest bank on a growth offensive following predecessor Tidjane Thiam’s cost-cutting exercise, he told Reuters on Friday. “Cost discipline in our industry has been and will continue to be very important. At the same time, I think we are in a better position than at any time in the last few years to also have meaningful balance sheet growth,” Gottstein said in an interview....

SIA, JP Morgan | March 06, 2020

Italian payments giant SIA has hired JP Morgan as financial advisor for all 'extraordinary transactions' - including a possible IPO. The firm, which is controlled by state lender CDP Equity, confirmed last month that it was beginning the listing process. It said then that it could issue ordinary shares on the Mercato Telematico Azionario market by the summer, although a merger with another payment’s player was not ruled out. Reporting its 2019 results, SIA says consolidated revenue...