Acquisition

According to reports, in response to the previous news that “BlackRock is preparing to bid for Credit Suisse”, a BlackRock spokesman responded that BlackRock will not participate in any plan to acquire all or part of Credit Suisse’s business. BlackRock spokesman: Will not participate in any plan to acquire all or part of Credit Suisse’s business Analysis based on this information:BlackRock, the world’s largest asset management company, has recently denied any plans to acquire Credit Suisse’s business, following rumors of a potential bid. According to reports, a BlackRock spokesperson confirmed that the company will not participate in any plan to acquire all or part of Credit Suisse’s business. The denial comes after reports that BlackRock was preparing to bid for Credit Suisse, which is in the process of restructuring its business after a series of high-profile scandals and financial losses. Credit Suisse’s CEO, Thomas Gottstein, has been working to improve the bank’s performance and restore investor confidence, but the company’s…

According to reports, according to people familiar with the matter, BlackRock is embarking on a competitive acquisition of Credit Suisse, aimed at defeating UBS’s plan to acquire Credit Suisse this weekend, which is supported by the Swiss Central Bank. Insider: BlackRock is preparing to launch a competitive acquisition of Credit Suisse Analysis based on this information:A new development has surfaced in the corporate landscape as BlackRock, the world’s largest asset manager, is reportedly making strides in its efforts to acquire Credit Suisse, a Switzerland-based financial services company. According to sources familiar with the matter, BlackRock is said to be engaging in a competitive acquisition strategy aimed at outbidding UBS, Credit Suisse’s long-standing rival. Furthermore, the acquisition is aimed at frustrating UBS’s plans to acquire Credit Suisse, a deal that is allegedly backed by the Swiss Central Bank. BlackRock’s interest in Credit Suisse is not surprising, given the company’s reputation as a dominant player in the global financial industry. BlackRock manages…

According to reports, according to British media local time on the 17th, UBS Group, another major Swiss bank, is discussing a full or partial acquisition of Credit Suisse Bank. The report quoted several sources as saying that the acquisition plan was encouraged by Swiss banking regulators. The boards of directors of the two banks will meet this weekend to discuss relevant matters. The two banks have not yet commented on this report. British media: UBS Group is negotiating to acquire Credit Suisse Bank Analysis based on this information:According to reports from British media, UBS Group is considering a full or partial acquisition of Credit Suisse Bank. The alleged merger talks between two of Switzerland’s largest banks have gained interest from Swiss banking regulators. Although no official statements have been made by either bank, the boards of directors plan to meet over the weekend to discuss the potential merger. The financial world has been surprised by this news, as both banks…

On March 18th, billionaire investor Bill Ackman posted a message on social media saying that Bank of America had planned to step in and acquire the troubled Signature Bank. It is expected to release relevant information next Monday. Data shows that the current market value of Bank of America is estimated to be approximately $222 billion. So far, neither Bank of America nor Signature Bank has responded to this matter. （cryptoslate） Bank of America may acquire Signature Bank Analysis based on this information:Billionaire investor Bill Ackman caused a stir on social media on March 18th when he claimed that Bank of America was planning to acquire troubled bank, Signature Bank. The news has yet to be confirmed, but Ackman stated that more details were expected to be released on Monday. The possibility of an acquisition is not surprising given the current state of the banking industry. Many banks are struggling with the aftermath of the COVID-19 pandemic, as well as…

According to reports, US regulators are considering holding securities under the names of Signature Bank and Silicon Valley Bank that have fallen below their purchase price, a move that will remove one of the possible obstacles to selling these two banks. According to people familiar with the matter, this is a routine practice after the Federal Deposit Insurance Corporation (FDIC) took over the bank, mainly facilitating the conclusion of acquisition transactions. Because if it involves assets with declining value, it will be more difficult to sell the relevant banks. People familiar with the matter said that the relevant asset size of Signature may be between $20 billion and $50 billion, and that of Silicon Valley banks may be between $60 billion and $120 billion. Both Silicon Valley banks and Signature have invested in bonds at low interest rates, and the value of these bonds has plummeted as the Federal Reserve has raised interest rates several times over the past year…

It is reported that the stable currency aggregation protocol mStable community has launched MIP-30 to determine its future development path. Options include being acquired by dHE DGE or Origin Protocol, merging with SpoolDAO or Idle Finance, and stopping the operation of mStable products. The proposal will be voted on March 20th with a 5-day voting window. Stable Currency Aggregation Agreement mStable Initiates Proposals to Be Acquired or Discontinued Operations Analysis based on this information:The stable currency aggregation protocol mStable community has launched a proposal to determine the course of its future development. The proposal, called MIP-30, presents three options: being acquired by dHE DGE or Origin Protocol, merging with SpoolDAO or Idle Finance, or stopping the operation of mStable products altogether. This decision comes as mStable looks to expand its reach and increase its user base. The platform offers a unique combination of stablecoins and allows for seamless swapping between them, with the added benefit of earned interest. However, the…

According to reports, according to people familiar with the matter, the US regulatory authorities have begun to seek the acquisition intention from potential buyers of Signature Bank. One of the people who did not want to be named said that the Federal Deposit Insurance Corporation (FDIC) of the United States had opened a so-called data room, which enabled potential bidders to start due diligence on the bank. Previously, the federal regulatory agency brought the signature bank into bankruptcy administration a few days after the collapse of another encryption friendly bank, Silvergate Bank and Silicon Valley Bank. US regulators began to seek acquisition intentions from potential buyers of Signature Bank Analysis based on this information:Reports have surfaced indicating that US regulatory authorities have initiated the search for acquisition offers for Signature Bank. Insiders who spoke on condition of anonymity have revealed that the Federal Deposit Insurance Corporation (FDIC) has created a data room for potential bidders, enabling them to engage in…

According to reports, Gabriel Leydon, CEO of Limit Break, the parent company of the NFT project DigiDaigaku, tweeted that Limit Break had completed the acquisition of the NFT platform FreeNFT, and the specific amount of the proposed acquisition was not publicly announced. FreeNFT is a Free to Own ecological Launchpad on which Digi Daigaku once drew a prize. DigiDaigaku parent company Limit Break completes the acquisition of NFT platform FreeNFT Analysis based on this information:Limit Break, the parent company of DigiDaigaku, has reportedly completed the acquisition of the Free to Own ecological Launchpad, FreeNFT. Gabriel Leydon, the CEO of Limit Break, announced the news through his Twitter account but did not disclose the actual cost of the acquisition. FreeNFT is a platform that has been designed to help creators launch their NFT projects without requiring any upfront cost. It allows creators to launch their projects directly and helps them promote their work in the market. The platform is a decentralized…

It is reported that Blackstone (BX) and Apollo (APO), alternative asset management companies, are considering acquiring the assets of Silicon Valley Bank (SVB), according to Bloomberg, citing people familiar with the matter. Insiders: Blackstone and Apollo, the asset management giants, are considering acquiring the assets of Silicon Valley banks Analysis based on this information:The report from Bloomberg states that Blackstone (BX) and Apollo (APO), two of the biggest names in the world of alternative asset management, are considering the acquisition of the assets of Silicon Valley Bank (SVB). This has come as a surprise to many industry experts, given that SVB is already a highly successful bank that specializes in providing financial services to the technology industry. SVB has played a critical role in the technology industry and has emerged as one of the most significant financing sources for startups and entrepreneurs in Silicon Valley. It has provided tailored banking and investment services to technology companies such as Google, Apple,…

It is reported that JPMorgan Chase published a research report that HSBC Holdings announced the acquisition of SVB UK, a British branch of Silicon Valley Bank. Although the indicated purchase price is £ 1, the actual price depends on the amount of the capital gap of SVB UK. The bank believes that there is no obvious synergy between HSBC and the UK branch of Silicon Valley Bank, and it can be regarded as a national service act to prevent the liquidity risk of small UK banks. JPMorgan Chase mentioned that this matter is neutral for HSBC, but negative for SVB’s peers and subsidiaries. JPMorgan Chase: There is no obvious synergy between HSBC Holdings and the UK branch of Silicon Valley Bank Analysis based on this information:According to a recently published research report by JPMorgan Chase, HSBC Holdings is acquiring the UK branch of Silicon Valley Bank, SVB UK, for a purchase price of £1. However, the actual price will depend…

On March 14, according to the report of Blockworks that “CoinMarketCap under Coin An has shelved the acquisition of CoinDesk, the encrypted media”, CZ, the CEO of Coin An, responded on Twitter, “It is not ‘shelving’. It is not buying. It may be a good business. But it is not suitable for our geographical coverage”. CZ responded that it would not acquire the encrypted media CoinDesk Analysis based on this information:Coin An CEO CZ responded to the reports by Blockworks on March 14, 2021, that CoinMarketCap had put its planned acquisition of CoinDesk on hold. CZ clarified that Coin An was not shelving the acquisition but was not going to push through with it as it was not “suitable for our geographical coverage.” CoinMarketCap is a cryptocurrency data provider that was acquired by Binance Holdings Limited, the world’s largest cryptocurrency exchange, in 2020. CoinDesk, on the other hand, is a cryptocurrency media company that is famous for its cryptocurrency news,…

It is reported that OakNorth Bank is negotiating to acquire the British branch of Silicon Valley Bank. (Sky News) British Oak Bank is negotiating to acquire the British branch of Silicon Valley Bank Analysis based on this information:OakNorth Bank, a relatively new challenger bank based in the United Kingdom, is reported to be in talks to acquire the British unit of Silicon Valley Bank. The latter is known to be a bank that specializes in providing banking and financial services to technology companies and startups in the United States. If the acquisition pushes through, it would signal OakNorth Bank’s intent to expand its market reach and its commitment to support the country’s startup ecosystem. The acquisition is expected to bring significant benefits to both banks. For one, OakNorth Bank would gain access to Silicon Valley Bank’s established client network, composed of technology startups and high-growth businesses. As a result, OakNorth Bank can leverage this opportunity to offer its proprietary lending…

According to reports, according to people familiar with the matter, Royal Group, an investment company controlled by a senior member of the royal family in Abu Dhabi, is considering the possibility of acquiring the British branch of Silicon Valley Bank. The group is chaired by Sheikh Tahnoon bin Zayed Al Nahyan, National Security Adviser of the United Arab Emirates. People familiar with the matter said that the group was discussing the possibility of acquisition through one of its subsidiaries. It is reported that the Group has not yet made a final decision and may not submit a bid. An investment company in the United Arab Emirates is considering acquiring the British branch of Silicon Valley Bank Analysis based on this information:According to reliable sources, Abu Dhabi’s investment firm Royal Group, led by the National Security Adviser of the United Arab Emirates, Sheikh Tahnoon bin Zayed Al Nahyan, is contemplating the acquisition of Silicon Valley Bank’s British branch. The Sheikh is…

It is reported that according to a statement, HSBC acquired the British subsidiary of Silicon Valley Bank for £ 1. As of March 10, the British subsidiary of Silicon Valley Bank had loans of about 5.5 billion euros and deposits of about 6.7 billion pounds. The Bank of England said in a separate statement that it had facilitated the transaction, and customer deposits would be protected, and the transaction did not involve taxpayers’ money. HSBC Holdings: Acquisition of the UK subsidiary of Silicon Valley Bank for £ 1 Analysis based on this information:HSBC, one of the world’s largest banking and financial services organizations, has recently acquired the British subsidiary of Silicon Valley Bank for a nominal fee of £1. According to reports, the British subsidiary of Silicon Valley Bank had loans of around 5.5 billion euros and deposits of about 6.7 billion pounds as of March 10th, 2021. This move comes as no surprise as HSBC, along with other financial…

According to reports, sources revealed that JPMorgan Chase and PNC are among the potential acquirers who are negotiating to acquire SVB Financial Group, and the deal will exclude the part currently taken over by the US government. Sources said that Apollo Management and Morgan Stanley were also discussing the acquisition, and Apollo was interested in transaction financing or acquisition of some businesses. It is worth noting. According to the company’s 10K report in 2022, these three entities, namely SVB Private, SVB Capital and SVB Securities, are much smaller than the SVB Bank entities currently controlled by the Federal Deposit Insurance Corporation of the United States. （AXIOS） American media: JPMorgan Chase and PNC are one of the potential acquirers of SVB Financial Group Analysis based on this information:According to recent reports, potential acquirers such as JPMorgan Chase and PNC are negotiating to acquire SVB Financial Group. Apollo Management and Morgan Stanley are also in discussions for the acquisition, with Apollo showing…

It is reported that HSBC Holdings has become a potential bidder for the British branch of Silicon Valley Bank. At present, the British government is trying to extricate the bank at the last moment. HSBC Holdings may be interested in bidding for Silicon Valley Bank UK Branch Analysis based on this information:HSBC Holdings, one of the largest banking and financial services companies in the world, is reportedly considering a bid for the British branch of Silicon Valley Bank. According to sources, this move is in line with the bank’s strategy to boost its technology and innovation capabilities amid increasing competition from fintech startups. The potential acquisition comes at a time when the British government is seeking to extricate Silicon Valley Bank from the UK market, citing concerns over the bank’s financial stability. This move could prompt other contenders to join the race to acquire the bank, which has a strong presence in the US and has been operating in the…

It is reported that the British government is trying to promote the acquisition of the British subsidiary of Silicon Valley Silver to prevent the impact from spreading to the entire technology industry, according to the Financial Times. A wealthy Middle East buyer has expressed interest. British technology company executives have been lobbying the government to mitigate the losses caused by their inability to use the bank’s account on Monday. Legally, the British subsidiary of Silicon Valley Bank is independent of the parent company headquartered in California, which was closed by the US regulators on the same day. This means that there may be two different buyers acquiring the banking sector in the United States and the United Kingdom, although potential bidders may wish to acquire both banking sectors at the same time. Several people familiar with the British bidding process said that a Middle East buyer was one of the main bidders. An insider said that as of last night,…

It is reported that 0xloth, the anonymous strategic director of stable currency aggregation agreement mStable, said that due to the decline of product revenue …

It is reported that the Bank of London Group Co., Ltd. is considering acquiring the Bank of Silicon Valley UK Limited, according to Sky News, citing people fam…

On March 11, Hemant Taneja, CEO of General Catalyst, said in a message on social media that several VC leaders had met today to discuss the consequences of the…