Banks (Finance)
The Ethiopian Securities Exchange (ESX) has taken a significant step towards establishing a modern and inclusive financial system by granting its inaugural Trading Membership Certificate to Wegagen Capital Investment Bank S.C. This milestone represents a major development in the growth of Ethiopia's capital market, with Wegagen Capital
Banks (Finance)
The Iraq Stock Exchange (ISX) experienced stable trading activity on May 13, 2025, with the Iraqi Middle East Investment Bank (BIME) stock closing unchanged at 0.07 per share. The bank's shares were traded in 10 separate transactions, resulting in a total of 116.23 million shares exchanged.
Financial markets
Ducera Partners, a leading investment bank, has bolstered its Capital Markets Group with the appointment of Joseph Leone as a managing director. Leone, a seasoned investment banker with over 15 years of experience, will focus on advising clients on private capital financing efforts across various industry verticals. This strategic move
Banks (Finance)
The European Investment Bank (EIB) has announced a contract notice to award framework agreements to up to five successful tenderers for the provision of IT consultancy services for the EIB Group's corporate applications. The services are divided into four categories: implementation, development, maintenance, and operations, covering financial and
Financial markets
Ducera Partners, a prominent investment bank, continues to strengthen its capabilities with the addition of Joseph Leone, a seasoned investment banker with over 15 years of experience. Leone joins the firm as a Managing Director, based in New York, where he will lead client advisory efforts on private capital financing.
Investment banks
The Bank for International Settlements has emphasized the significance of green finance and investment in confronting climate and environmental challenges. According to Mr. Draghi's report and other studies, the EU will need to allocate significant green investments, amounting to around two percent of GDP annually by 2030, to
Investment banks
Blackstone, one of the world's largest asset managers, has become a major player in private credit, with its private-credit arm generating a 16.7% return over the past 12 months. As banks pull back from lending, private credit has become a lucrative opportunity for nonbank lenders, with Apollo
Investment banks
Goldman Sachs, a leading investment bank, has exceeded analyst forecasts with a significant jump in its third-quarter earnings, totaling $3 billion in profits. This result is a notable departure from the bank's previous announcements, where its CEO, David M. Solomon, warned of disappointing earnings. The bank's
Investment banks
Paul Parker has joined Flagship Pioneering as Managing Partner, Capital Solutions and Value Realization, bringing over 35 years of experience in banking, pharma, biotech, M&A, and corporate strategy. Parker will lead capital solutions efforts, fundraising activities, and manage relationships with investors, playing a key role on Flagship'
Investment banks
Kinaxis Inc., an Ottawa software company that specializes in supply-chain management, is facing increasing pressure from activist investor Irenic Capital Management LP to consider a sale process. The company has recently hired investment banker Goldman Sachs to advise on maximizing shareholder value, but Irenic Capital argues that this approach is
Business schools
Harmonic Growth Partners, a renowned expansion-stage investment firm, has announced the addition of Daniel Vernic to its investment team as a Principal. This development underscores the company's commitment to providing rapidly scaling technology companies with a differentiated and valuable investment partner. According to the company's release,
Investment banks
The Indian banking sector has underperformed the Nifty by nearly 4.5% to date, with PSU banks being a significant contributor to this trend. Ashi Anand, Founder of IME Capital, shares her views on the banking sector, highlighting the challenges faced by PSU banks and the growth prospects of leading
