WELCOME TO The capital REPORT
Luco Capital Partners
Feature market insights and perspectives from top C-Level executives, elite technology influencers and thought leaders from your company here. This signature initiative has garnered immense support...
Qupital | June 24, 2020
Qupital, a trade financing platform, announced today that it will partner with eBay as one of its officially recommended Hong Kong financing service providers. In today’s announcement, Qupital said it will provide offshore financing services, including working capital, to eBay sellers in China through QiaoYiDai, its main product. The agreement with eBay means Qupital will be able to monitor the real-time data of eBay sellers who apply for their services, which the fintech start...
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....
Goldman | July 07, 2020
Goldman Sachs sees Wall Street banks suffering from a surge in bad loan provisions and has outlined a grim estimate for a 69% drop in second-quarter earnings. Analysts at the bank wrote in a 7 July note to clients that they see $32bn in set-asides for bad loans for the largest seven American banks this quarter, an increase from about $26bn in the first three months of the year.
A trading bonanza, fuelled by virus-driven volatility, has not been enough to outweigh an economic slump, the dr...
Cision PR Newswire | August 13, 2020
Blend, a leader in digital lending solutions, announced it has secured $75 million in Series F funding led by Canapi Ventures, a fintech-focused venture capital firm backed by major banks and financial institutions. This capital brings Blend's valuation to nearly $1.7 billion and will be used to accelerate the development of its unified digital platform for mortgages, consumer loans, and deposit accounts. Existing investors Temasek, General Atlantic, 8VC, Greylock, and Emergence also partici...
Keep me plugged in with the best
Join thousands of your peers and receive our weekly newsletter with the latest news, industry events, customer insights, and market intelligence.
Put your news, events, company, and promotional content in front of thousands of your peers and potential customers.
Not a member yet? Not a problem, Sign Up
Sign up to contribute and publish your news, events, brand, and content with the community for FREE