Tag
#Banking
EBRD opens funding path for Ukraine bank privatisations
EBRD backing gives Ukraine's privatisation drive a potential funding template for state bank sales, turning recovery policy into a more financeable market process.
SoFi's $1.5 billion capital raise was opportunistic
SoFi raised $1.5 billion at $27.50 a share, sparking a 6% slide despite record Q4 revenue. CEO Anthony Noto calls it opportunistic; Bank of America questions the timing.
Parker files Chapter 7 after Avalara deal collapse; $58m equity wiped
The e-commerce credit card startup shut down on 4 May after acquisition talks with tax-software firm Avalara collapsed. The Chapter 7 filing lists $50m to $100m in both assets and liabilities.
Bitwise ranks BNY Mellon, JPMorgan as banks with broadest crypto exposure
Bitwise Asset Management published a ranking of traditional banks with the deepest cryptocurrency exposure on Friday, placing BNY Mellon and JPMorgan Chase at the top. The screen assesses banks across trading, payments, ETF servicing and tokenisation.
SoFi (SOFI) Q1 revenue beats, profit doubles, but unchanged 2026 guidance sinks stock 15%
SoFi Technologies reported record Q1 revenue of $1.10 billion and net income of $166.7 million, its tenth straight profitable quarter. The stock fell 15 per cent on the day after management left full-year guidance unchanged.
Wall Street banks plan final push to ease capital charges before November vote
Bank Policy Institute and Financial Services Forum push Fed, OCC and FDIC for two more concessions on the G-SIB surcharge and undrawn credit-line capital, hoping to lock in further Basel III endgame relief before November midterms.
