Acrisure buys Tulco’s AI insurance business in $400 million deal
Acrisure LLC, an insurance brokerage, agreed to purchase an artificial-intelligence business from Tulco LLC in a transaction valued at $400 ...
Tag: Bloomberg
Credit Suisse invested $100 million in Ant, expects windfall
Credit Suisse Group AG invested nearly $100 million in Ant Group during its last funding round, according to people familiar ...
Wirecard surges after investors eye core business, U.S. unit
Wirecard AG rose the most since June after it revealed that more than 130 investors are eyeing the company’s assets. ...
Wirecard flourished in regulatory blind spot that’s growing
Wirecard AG’s collapse displayed a growing blind spot for the guardians of the world’s financial system: how do you regulate ...
Ex-banker launches wealth tech firm for super-rich families
Bobby Console-Verma isn’t letting the pandemic slow down his business plans. The former investment banker and fund manager has set ...
Former Wirecard CEO arrested, scandal prompts calls for reform
Wirecard AG’s former chief executive officer was detained by Munich prosecutors as the scandal over 1.9 billion euros ($2.1 billion) ...
Mastercard takes step away from cards with $825 million deal
Mastercard Inc. made another push away from traditional card payments with an $825 million deal to acquire technology firm Finicity. ...
Wirecard fights for survival as billions may not exist
Wirecard AG was left fighting for survival after acknowledging that 1.9 billion euros ($2.1 billion) that it had reported as ...
Jack Ma’s open banking strategy gets a boost from lockdown
Billionaire Jack Ma’s Ant Financial Services Group saw a surge in Chinese banks seeking out its digital technology to keep ...
Wells Fargo says Fed cap is limiting small-business relief
Wells Fargo & Co. said it can’t fully meet demand from small businesses rushing to participate in a U.S. relief ...
