BTG Mulls Acquisitions to Build Private-Banking Behemoth
BTG just opened an office in Madrid and in March announced the acquisition of a bank in Luxembourg to serve Latin American costumers.
Source: themiddlemarket.com
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Marcelo Claure of SoftBank Fame Has a New Venture Firm
(Bloomberg) -- Marcelo Claure, the former chief operating officer of SoftBank Group Corp., has a new gig: executive chairman and managing partner of his own venture firm, Bicycle Capital. The firm is targeting $500 million for its inaugural fund, and has amassed $440 million in commitments so far.Most Read from BloombergBiggest Losers of AI Boom Are Knowledge Workers, McKinsey SaysNYC’s Rent Surge Defied by New Grads Pursuing a TikTok LifestyleElizabeth Holmes Objects to $250-a-Month Victim Paym
Source: yahoo.com
Vanished $4B brings down century-old retailer in a week
Hours after revealing a scandal that would roil Brazilian markets, Sergio Rial attempted to explain the accounting gap that pushed him to quit his new job at the helm of Americanas.
Source: accountingtoday.com
Vanished $4 billion brings down century-old retailer in a week
Americanas SA has filed for bankruptcy protection with $8.2 billion of debt
Source: gulfnews.com
Brazil's Bolsonaro calls Musk's Twitter bid a 'breath of hope'
Brazilian President Jair Bolsonaro called Elon Musk's proposed takeover of Twitter Inc (TWTR.N) a "breath of hope,"
Source: techstory.in