Niket Nishant
Stories by Niket Nishant
PCF Insurance raises $500m led by Carlyle, HGGC at a $4.7b valuation
Minority investors Crescent Capital and Owl Rock also took part in the funding round.
Amid wave of layoffs, Fidelity to increase headcount by 4,000 in H1 2023
Fidelity's announcement follows a strong year for hiring at the US-based investment company.
Citigroup sees rebound in wealth management business in Asia
Last year, the bank's wealth management business in Asia was hit harder than other regions.
SEC asks big hedge funds for employee phone review
The hedge funds include Steve Cohen's Point72 Asset Management and Ken Griffin's Citadel.
Crypto lender BlockFi files for bankruptcy, cites FTX exposure
BlockFi said its substantial exposure to FTX created a liquidity crisis.
Malaysian payments tech firm Super Apps to list in US via $1.1b SPAC deal
It will buy 60% of fintech firm MobilityOne's stake in OneShop Retail
US, global economy could hit recession in 6-9 months, says JPMorgan CEO Dimon
Major US banks are set to report their third-quarter earnings from Friday
Bankrupt crypto lender Voyager’s CFO to exit months after appointment
The company said the finance head would resign after a "transition period" to pursue other opportunities.
EY plans to spin off audit, consulting units to quell regulatory concerns
It will provide partners with more information before voting on the split starts towards year-end
Canada’s CDPQ explores legal options over failed crypto firm Celsius
The Canadian pension fund also said it will no longer invest in crypto firms.
