Know What's Happening in Investment Banking
Know What's Happening in Investment Banking
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EMAIL DIGESTS
Daily
Every morning
Weekly
Tuesday recap
Mastercard acquires fintech platform BVNK to boost embedded finance
Mastercard announced the acquisition of BVNK, a developer‑centric fintech that provides API‑driven card issuance and rapid payment‑flow integration. The deal gives Mastercard embedded‑finance capabilities aimed at reducing merchant onboarding times and streamlining consumer checkout experiences.
Saks Global Enterprises has secured a $500 million financing commitment from its capital partners, positioning the luxury retailer to exit Chapter 11 bankruptcy this summer. The deal follows a $2.7 billion acquisition of Neiman Marcus that left the company $3.4 billion in debt and forced a series of store closures.
Mastercard announced the acquisition of BVNK, a developer‑centric fintech that offers API‑driven card issuance and rapid payment‑flow integration. The deal equips Mastercard with embedded‑finance tools designed to slash merchant onboarding times and streamline consumer checkout experiences. By folding BVNK’s agile...
SaaS valuations aren’t random — they cluster around growth + profitability Forward EV/Gross Profit vs NTM growth shows: • Higher growth → higher multiples (expected) • But operating margin is the real filter • Profitable names (green) consistently trade at premium $NET — 48x EV/GP...
Since questions about private credit are so popular today, I had a segment with Danny about the topic:
Wall Street’s private‑equity and investment‑bank arms are pouring capital into Japan’s fast‑food market, betting that American‑style quick‑service concepts can capture a growing appetite for convenience. In 2024, Carl Capital paid roughly $847 million for KFC Japan, while Goldman Sachs’ merchant‑banking division acquired Burger...
In the first quarter of 2026, about 50 Singapore‑listed companies repurchased roughly S$560 million (≈ $414 million) of shares, up from S$330 million a year earlier. Singtel led the market with S$123 million (≈ $91 million) of buybacks, followed by OCBC at S$116 million (≈ $86 million) and Keppel at...
Rainmaker Securities' president Glen Anderson says investors have $2 billion ready for Anthropic, making it the hardest stock to source in the secondary market. At the same time, SpaceX’s potential private‑placement activity could shift demand away from AI rivals OpenAI and...
Elon Musk’s aerospace firm SpaceX has completed a $1.25 trillion acquisition of his AI startup xAI. The merger creates a mega‑tech conglomerate and positions SpaceX for an IPO that could value the combined entity at $1.75 trillion, dwarfing any public offering to...
Bank mergers in the United States have surged in 2025 and are projected to continue into 2026, prompting a wave of branch closures. The Office of the Comptroller of the Currency recorded 41 closure announcements in the first quarter of...
Rainmaker Securities is channeling billions of dollars of private‑market capital into Anthropic amid a surge of investor demand, while SpaceX’s confidential IPO filing could raise up to $80 billion and signal fresh AI‑focused investment opportunities. The dual dynamics are redefining how...
The guide explains that a bond is a loan‑like debt instrument where governments or corporations raise capital by selling fixed‑income securities to investors. It outlines core components such as principal, coupon rate, maturity, and covenants that protect bondholders. The article...
Chinese embodied‑intelligence startup Galaxea AI secured roughly $290 million in a Series B+ round, pushing its valuation to about $29 billion. The financing, sourced from industrial investors, long‑term funds and state‑backed capital, follows a $140 million round in February. Galaxea will channel the cash...
PAC Capital Limited swept four continental awards at the 2026 International Business Magazine ceremony, including Excellence in Cross‑Border Transactions and Best Investment Banking Firm in Africa. The accolades build on its 2025 recognition as Nigeria’s Best Transaction Advisory Firm, underscoring...
Lundin Gold Inc. announced a definitive silver streaming agreement with Canada‑based LunR Royalties Corp., exchanging a life‑of‑mine silver stream for 50,505,051 LunR common shares. The deal, slated to close in Q2 2026, will be paid out as a dividend‑in‑kind, expanding...
Fermi REIT’s shares slid 41% in March, erasing much of the $750 million raised in its 2025 IPO. The drop follows a $150 million tenant withdrawal and looming lock‑up expirations, underscoring investor wariness about the REIT’s AI‑focused power‑grid ambitions.
Nigeria’s National Assembly cleared a fresh $6 billion external loan, prompting Afrinvest to warn that the move could undo recent improvements in the country’s debt‑to‑GDP ratio. The report flags falling reserves, a weakening naira and looming fertilizer price shocks as additional...
