 | | | | Checkout.com said its valuation more than doubled to $40 billion in a year, following a $1 billion investment in the financial technology company that will be used to launch products and further its involvement in the so-called Web3 space. | | | | | | Investment bankers who rushed to court clients in person after COVID-19 vaccines became available last year have been forced to cancel such gatherings at the start of 2022 as the Omicron variant rages. | | | | | | U.S. retail investors have been dip-buyers so far in 2022, snapping up equities that funds have shed from their portfolios in light of a more hawkish Federal Reserve, but with a focus on quality stocks as opposed to speculative names. | | | | | | Morgan Stanley will raise its annual bonus for top-performing staff on Thursday by more than 20%, people with direct knowledge of the matter said, with a dealmaking boom set to usher in bumper payouts by banks this year. | | | | | | Germany asked its banks on Wednesday to set aside around 22 billion euros ($25 billion) of extra capital by next year as the economy has largely recovered from the pandemic and a growing property bubble threatens the stability of the financial sector. | | | | | | As stocks attempt to climb back from a brutal sell-off, investors are watching a variety of metrics to decide whether to buy the rally or brace for more declines. | | | | | | Citadel Securities said on Tuesday venture capital firm Sequoia Capital and crypto-focused investment company Paradigm had made a $1.15 billion minority investment in it, giving the market maker founded by billionaire Ken Griffin a valuation of nearly $22 billion. | | | | | | UniCredit , Italy's second biggest bank, is among lenders interested in Russia's Otkritie Bank, which is looking for potential suitors more than four years after being bailed out, a person familiar with the matter said. | | | | | | Wells Fargo & Co and Bank of America will no longer charge customers for bouncing checks and are adopting new policies to limit overdraft-related fees, the latest lenders to overhaul such charges amid growing regulatory scrutiny. | | | | | | U.S. housing finance giant Fannie Mae has started integrating data from digital banking startup Blend Labs Inc. into its underwriting program to make it easier for lenders to evaluate a borrower's rental payment history when approving a home loan. | | | | | |
