Jaiveer Shekhawat

India, Signal

Correspondent at Reuters

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Articles

HSBC to close its US business banking unit to simplify operations

1 week ago | today.westlaw.com | Saeed Azhar |Cynthia Osterman |Jaiveer Shekhawat

(Reuters) -HSBC is exiting its business banking portfolio in the United States, as it continued to simplify operations and shift its focus to Asia and Middle East markets. "Following a strategic review of our business, we have decided to exit our...
Omada Health targets valuation of over $1 billion in US IPO

1 week ago | today.westlaw.com | Shailesh Kuber |Jaiveer Shekhawat

(Reuters) -Virtual chronic care provider Omada Health is targeting a valuation of about $1.1 billion in its initial public offering in the United States, signaling a comeback for capital markets after several months of slowdown in listings.
Canada's Scotiabank misses profit estimates as tariffs push up loan loss reserves

1 week ago | marketscreener.com | Nivedita Balu |Jaiveer Shekhawat

Published on 05/27/2025 at 06:10, updated on 05/27/2025 at 10:32 (Reuters) -Bank of Nova Scotia on Tuesday missed quarterly earnings estimates, burdened by a larger than expected sum of money put aside to shield against bad loans in a challenging environment riddled with trade uncertainties.
US DOJ opens investigation into Coinbase's recent cyberattack

2 weeks ago | reuters.com | Jaiveer Shekhawat

Smartphone with displayed Coinbase logo and representation of cryptocurrencies are placed on a keyboard in this illustration taken, June 8, 2023. REUTERS/Dado Ruvic/Illustration/File Photo May 19 (Reuters) - The U.S. Department of Justice has opened a probe into a recent breach at the world's largest cryptocurrency exchange Coinbase Global (COIN.O), opens new tab, the company said on Monday.
US DOJ opens investigation into Coinbase's recent cyberattack

2 weeks ago | marketscreener.com | Jaiveer Shekhawat

Published on 05/19/2025 at 16:54, updated on 05/19/2025 at 17:28 (Reuters) -The U.S. Department of Justice has opened a probe into a recent breach at the world's largest cryptocurrency exchange Coinbase Global, the company said on Monday. "We have notified and are working with the DOJ and other US and international law enforcement agencies and welcome law enforcement's pursuit of criminal charges against these bad actors," said Paul Grewal, Chief Legal Officer, Coinbase.
Thoma Bravo divests all its stake in exchange operator Nasdaq, source says

3 weeks ago | marketscreener.com | Jaiveer Shekhawat |Pritam Biswas

Published on 05/15/2025 at 12:48 (Reuters) -Private equity firm Thoma Bravo has sold its remaining stake in Nasdaq for approximately $3.4 billion in two separate transactions, a source familiar with the matter told Reuters on Thursday. A block of approximately 25.5 million shares was divested on Tuesday, sold to JPMorgan for $80.68 each, according to the source.
Thoma Bravo divests all its stake in exchange operator Nasdaq, source says

3 weeks ago | today.westlaw.com | Pritam Biswas |Shilpi Majumdar |Vijay Kishore |Jaiveer Shekhawat

(Reuters) -Private equity firm Thoma Bravo has sold its remaining stake in Nasdaq for approximately $3.4 billion in two separate transactions, a source familiar with the matter told Reuters on Thursday.
Digital Banking Startup Chime Reveals Rise in Revenue as It Files for US IPO

3 weeks ago | money.usnews.com | Jaiveer Shekhawat |Manya Saini

By Jaiveer Shekhawat and Manya Saini(Reuters) - Digital banking fintech firm Chime disclosed a rise in 2024 revenue in its IPO filing on Tuesday for a long-awaited U.S. stock market launch. Financial technology companies have increasingly entered the U.S. lending space, aiming to wrest market share from major players such as JPMorgan Chase, Bank of America and Citigroup. Chime's revenue rose to $1.67 billion in the fiscal year ended 2024, up from $1.28 billion, a year earlier.
Big Four Accounting Firm PwC to Slash About 1,500 Jobs in the US

1 month ago | money.usnews.com | Jaiveer Shekhawat

By Jaiveer Shekhawat(Reuters) -Big Four accounting firm PwC is laying off about 1,500 employees in the United States, a company spokesperson told Reuters on Monday. The workforce reduction equates to approximately 2% of our U.S. firm, the spokesperson said. PwC employs more than 75,000 people in the United States.
Big Four accounting firm PwC to slash about 1,500 jobs in the US

1 month ago | marketscreener.com | Jaiveer Shekhawat

(Reuters) -Big Four accounting firm PwC is laying off about 1,500 employees in the United States, a company spokesperson told Reuters on Monday. The workforce reduction equates to approximately 2% of our U.S. firm, the spokesperson said. PwC employs more than 75,000 people in the United States.