investment banks
Coverage of investment banks in the Nexus archive.
- Bank of England probes Asian equity risk at prime brokers
The Bank of England is investigating risks related to Asian equities at prime brokers, focusing on exposure to the AI sector among hedge funds and other clients of UK-based investment banks. The regulator aims to assess potential financial stability implications from these exposures.
- Why the spectre of ‘climate black swan’ events is haunting global investors
Global investment banks warn investors about 'climate black swan' events, such as a record-setting El Niño threatening to disrupt food prices and the rice market. Asian importers are stockpiling grain amid fears of shortages linked to the potential climate event.
- Wall Street’s boutiques bet on star bankers. Now they’re stuck with the bill
Investment banks such as Evercore, Lazard, and Moelis hired star bankers in anticipation of a market upswing that has not yet fully materialized, leaving them with financial obligations.
- China’s biotech firms challenge US with rapidly developing RAS-targeted cancer therapies
Chinese biotech firms are developing RAS-targeted cancer therapies that challenge U.S. companies like Revolution Medicines, whose drug improved survival for pancreatic cancer patients. Analysts note Chinese rivals are undervalued despite rapid progress in this competitive field.
- Kalshi in early IPO talks with investment banks: report
Kalshi, a prediction market platform, is in early discussions for an IPO with investment banks after achieving $2 billion in annualized revenue. The company is exploring a public listing amid increasing legal scrutiny of sports contracts.
- Kalshi making early IPO talks with investment banks: report
Kalshi, a prediction markets platform, is engaging in early IPO discussions with investment banks. The company raised $1 billion in a Series F funding round in May, increasing its valuation to $22 billion.
- Starbucks is weighing a stake sale or IPO of its Japanese business
Starbucks is considering a stake sale or IPO for its Japanese business, with preliminary talks with investment banks. The business could be valued at up to $3.1 billion.
- Fintech SumUp Lines Up Banks for Possible London IPO
SumUp Payments Ltd. is preparing for a potential London IPO by engaging investment banks, which could mark a significant milestone for the UK financial sector. The move highlights growing interest in fintech companies amid favorable market conditions.