mergers and acquisitions

Report: Ant Group Plans $200 Million Purchase of MultiSafepay
Report: Ant Group Plans $200 Million Purchase of MultiSafepay
January 07, 2024  |  Acquisitions

China’s Ant Group is reportedly preparing to purchase Dutch payments firm MultiSafepay. The deal, worth about $200 million, comes as Ant Group — which owns Alipay — is...

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Banks Slash 60K Jobs as Dealmaking and IPOs Decline
Banks Slash 60K Jobs as Dealmaking and IPOs Decline
December 26, 2023  |  Banking

The world’s biggest banks reportedly slashed more than 60,000 jobs in 2023. It was a year in which investment banks suffered their second year in a...

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Goldman Sachs Appoints David Kamo as Global Head of Financial Sponsor M&A
Goldman Sachs Appoints David Kamo as Global Head of Financial Sponsor M&A
October 24, 2023  |  Personnel

Goldman Sachs is appointing David Kamo as its global head of financial sponsor mergers and acquisitions (M&A). Kamo’s new role will involve leading the bank’s efforts in working...

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Report: Goldman Sachs Earnings Hit by Slowdown in Deal Making
Report: Goldman Sachs Earnings Hit by Slowdown in Deal Making
October 12, 2023  |  Earnings

Goldman Sachs is reportedly expected to announce weak quarterly earnings on Tuesday (Oct. 17) as a result of a slowdown in deal making and its...

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Partners Group CEO: Private Equity Entering New Era of ‘Consolidation’
Partners Group CEO: Private Equity Entering New Era of ‘Consolidation’
September 17, 2023  |  Investments

The private market industry has maybe 11,000 players, Partners Group CEO David Layton says. Over the next decade, that number could fall to under 100. In an interview with the...

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European Commission Delays Decision on Amazon’s Acquisition of iRobot
European Commission Delays Decision on Amazon’s Acquisition of iRobot
September 11, 2023  |  Acquisitions

European Union (EU) antitrust regulators have reportedly put a temporary halt to their investigation into Amazon‘s $1.7 billion acquisition of robot vacuum cleaner maker iRobot. The European Commission (EC), responsible...

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Citizens Financial Group CEO Predicts Limited Consolidation in Banking Sector
Citizens Financial Group CEO Predicts Limited Consolidation in Banking Sector
September 06, 2023  |  Bank Regulation

Consolidation in the U.S. banking sector is expected to be limited in the near future due to high interest rates and regulatory pressures, according to Citizens...

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M&As, Alternative Funding Keep FinTechs Afloat Amid Ongoing Economic Shake-Up
M&As, Alternative Funding Keep FinTechs Afloat Amid Ongoing Economic Shake-Up
August 21, 2023  |  Fintech Investments

The FinTech industry has experienced significant growth in recent years, but it is has not been immune to economic headwinds. In fact, rising interest rates,...

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FinTech IPO Index Offers Directory of ‘Who’s Who’ for Bank Partnerships, M&A
FinTech IPO Index Offers Directory of ‘Who’s Who’ for Bank Partnerships, M&A
August 15, 2023  |  Fintech Investments

At first glance, it might seem incongruous to mention the PYMNTS FinTech IPO Index and banks and M&A in the same sentence. The index itself is...

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