Pritam Biswas

1 week ago | cp24.com | Pritam Biswas |Leroy Leo

Canadian Imperial Bank of Commerce reported a rise in second-quarter profit on Thursday, led by its capital markets business. U.S. President Donald Trump's shifting trade policy fuelled volatility in markets and forced investors to rejig their portfolios to minimize losses, helping banks' trading desks to collect more fee income. CIBC's net income from capital markets rose 20 per cent over the year earlier to $566 million.

1 week ago | uk.marketscreener.com | Arasu Kannagi Basil |Pritam Biswas

Published on 28/05/2025 at 12:23, updated on 28/05/2025 at 18:42 (Reuters) -Global Payments said on Wednesday it would sell its payroll division, Heartland Payroll Solutions, to financial technology firm Acrisure for $1.1 billion, marking the payments company's latest attempt at simplifying its business. The Atlanta, Georgia-based company has been divesting non-core assets to position itself as a pure-play payments processor for merchants.

1 week ago | today.westlaw.com | Arasu Kannagi Basil |Pritam Biswas |Shilpi Majumdar

(Reuters) -Global Payments said on Wednesday it would sell its payroll division, Heartland Payroll Solutions, to financial technology firm Acrisure for $1.1 billion, marking the payments company's latest attempt at simplifying its business model....

1 week ago | jp.reuters.com | Arasu Kannagi Basil |Pritam Biswas

５月２７日、ステーブルコイン「ＵＳＤＣ」を発行する米サークル・インターネットは、米国での新規株式公開（ＩＰＯ）で、完全希薄化ベースで最大６７億１０００万ドルの評価額を目標にしていると発表した。写真は、暗号通貨と株価グラフのイメージ。２０２２年１１月、ボスニア・ヘルツェゴビナのゼニカ市で撮影（２０２５年 ロイター/Dado Ruvic） [２７日 ロイター] - ステーブルコイン「ＵＳＤＣ」を発行する米サークル・インターネットは２７日、米国での新規株式公開（ＩＰＯ）で、完全希薄化ベースで最大６７億１０００万ドルの評価額を目標にしていると発表した。 サークルと一部の既存投資家は１株当たり２４─２６ドルの仮条件で２４００万株を公開し、最大６億２４００万ドルの調達を目指している。 トランプ米政権が暗号資産（仮想通貨）を受け入れ、デジタル資産規制へのより「合理的」なアプローチを約束したことから、同業界のＩＰＯ環境が改善している。 著名投資家キャシー・ウッド氏のアーク・インベストメント・マネジメントは最大１億５０００万ドル相当のサークル株を購入する意向を示している。...

1 week ago | gurutrade.com | Arasu Kannagi Basil |Pritam Biswas |Shinjini Ganguli

Circle, shareholders seek as much as $624 million Cathie Wood's ARK set to buy up to $150 million of shares in IPO Stablecoin giant had tried going public through SPAC deal previously May 27 (Reuters) - Circle Internet said on Tuesday it was targeting a valuation of up to $6.71 billion on a fully diluted basis in its U.S. initial public offering, as the stablecoin giant looks to tap into growing optimism around cryptocurrency.