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Shein Mulls London IPO As US Listing Faces Hurdles: Report
Tuesday, February 27, 2024 - 3:34am | 708Shein, the Chinese fast-fashion giant, is reportedly contemplating a shift of its initial public offering (IPO) from the U.S. to London due to regulatory obstacles. The company is also considering other potential venues, including Hong Kong and Singapore. What Happened: Shein, which was initially...
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Fintech Focus For February 1, 2021
Monday, February 1, 2021 - 12:56am | 1721Quote To Start The Day: The value of the cold email is so underrated. Source: Michael Gruen One Big Thing In Fintech: When Robinhood, a startup that promises to make finance accessible for all, temporarily limited trading on GameStop, AMC, and other memestocks, many retail investors were pissed...
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Fintech Focus For October 8, 2020
Wednesday, October 7, 2020 - 6:07pm | 2475Quote Of The Day: It is during our darkest moments that we must focus to see the light. - Aristotle Fintech Movers: [Bank of America] said it applied for 415 patents this year for innovations regarding money transfer, bill payments, ATM transaction pre-staging, check verification using augmented...
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Fintech Focus For October 7, 2020
Tuesday, October 6, 2020 - 6:59pm | 2504Quote Of The Day: Merely raising tax rates on the wealthy and corporations wouldn’t really make the system any fairer. - Bloomberg Fintech Movers: Crypto-friendly bank Silvergate said it was particularly "bullish" on its payments platform during its Q2 earnings call. Now it's...
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Fintech Focus For October 2, 2020
Thursday, October 1, 2020 - 7:50pm | 2542Quote Of The Day: I have learned over the years that when one's mind is made up, this diminishes fear. - Rosa Parks Fintech Movers: [T]he number of buy-side firms that execute less than 20% of trades algorithmically, declined from 26% in 2017 to just 17% in 2020. Similarly, the number of firms...
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Fintech Focus For August 3, 2020
Monday, August 3, 2020 - 11:46am | 1830Daily Perspective: Stay hungry, stay foolish. - Steve Jobs Fintech Movers: The ECB says EU financial institutions have an over-optimistic view of their IT resilience and resistance to cyber threats. - Finextra US fintech funding on pace to excel. Tradeweb calls on Nasdaq tech. Cuban-backed...
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Fintech Focus For July 2, 2020
Thursday, July 2, 2020 - 10:46am | 1861Daily Perspective: If you set your goals ridiculously high and it's a failure, you will fail above everyone else's success. - James Cameron Fintech Movers: In a statement, Federation of European Securities Exchanges (FESE) described the attempt to shorten the European trading day as a...
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London Stock Exchange Group, Global Accelerated Ventures Tackle COVID-19 Liquidity Concerns, Help Startups Access Funding
Thursday, June 18, 2020 - 5:00pm | 391ELITE, the London Stock Exchange’s platform for funding, mentoring, as well as scaling emerging financial and health-tech solutions, alongside Global Accelerated Ventures (GAV), announced a U.S.-based effort to address startup liquidity gaps resulting from the COVID-19 pandemic. Christopher...
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$27B Mega Merger Happening Oversees: London Stock Exchange To Buy Refinitiv
Thursday, August 1, 2019 - 10:11am | 312The London Stock Exchange reached an agreement to acquire financial markets data gathering company Refinitiv in a $27 billion deal. What Happened LSE's acquisition of Refinitiv will transform the England-based stock exchange to a global market data and analytics behemoth. The stock exchange...