Latest News on private equity markets

Younger Investors are Turning to Alternatives

As the world becomes increasingly volatile and unpredictable, young investors are starting to look beyond traditional stocks and bonds in search of alternatives. According to a recent article in Fast Company, Gen Z traders are choosing alternative assets over stocks … Continue reading

3 years ago

The Use and Regulation of Artificial Intelligence: When AI Meets Consumer Duty

Herbert Smith Freehills | Karen Anderson and Jon Ford | Jan 13, 2023 Herbert Smith Freehills LLP has published an article in Butterworths Journal of International Banking and Financial Law on artificial intelligence (AI) and the Consumer Duty. AI with its power to process large volumes of data, can provide more personalisation of financial products and


The post The Use and Regulation of Artificial Intelligence: When AI Meets Consumer Duty first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

96% of workers are looking for a new job in 2023: What to know before you job hop

A whopping 96% of workers are looking for a new position in 2023, largely in search of better pay, according to a recent report by Monster.com.

3 years ago

Meta’s Future is Clouded with Legal Woes and Declining Revenues

DW | Arthur Sullivan | Jan 12, 2023 Meta, formerly Facebook, is in crisis mode as value plummets in 2022. Weak revenues, regulatory woes, and costly metaverse bet are to blame. 2023 doesn't seem any better. Since Facebook officially became Meta in October 2021, the company has lost more than two-thirds of its stock market value.


The post Meta’s Future is Clouded with Legal Woes and Declining Revenues first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

Bloomberg: Coinsquare and WonderFi in Advanced Merger Talks

Coindesk | Nelson Wang | Jan 12, 2023 Coinsquare Ltd. and WonderFi Technologies (WNDR) are in advanced talks to merge and become Canada’s largest crypto exchange, according to a report from Bloomberg, citing people familiar with the matter. Shares of the Kevin O’Leary-backed WonderFi were halted on the Toronto Stock Exchange following the release of


The post Bloomberg: Coinsquare and WonderFi in Advanced Merger Talks first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

96% of workers are looking for a new job in 2023, poll says: What to know before you job hop

A whopping 96% of workers are looking for a new position in 2023, largely in search of better pay, according to a recent report by Monster.com.

3 years ago

School lunch, eggs and airfare: Why inflation soared for 10 items in 2022

Expiring federal aid, a deadly outbreak of bird flu and war in Ukraine combined to send inflation skyrocketing for a handful of consumer items.

3 years ago

Mega Millions jackpot is $1.35 billion. Here are 3 tips for navigating a win's 'cycles of surprise,' says advisor

If you find yourself holding the winning ticket, these three tips can help you get off on the right foot as you start navigating your new-found wealth.

3 years ago

JPMorgan says college-planning firm it bought lied about its scale. Consumers may have been misled, too

The founder of a college-planning platform allegedly lied to Chase to convince the bank to acquire it. The company's claims to consumers were also dubious.

3 years ago

If federal regulators ban noncompete agreements, 'I'd be the first person to start working again,' advisor says

A member of CNBC's Financial Advisor Council, banned by a noncompete clause from working in financial services, describes what a proposed ban would mean to him.

3 years ago

After 'misery' for tax filers in 2022, IRS to start 2023 tax season stronger, taxpayer advocate says

After another challenging year for the IRS in 2022, the agency may be primed for a better 2023 tax season, according to the Taxpayer Advocate Service.

3 years ago

Here’s the inflation breakdown for December 2022 — in one chart

Inflation continued to moderate in December, a welcome sign for consumers. Gasoline prices plummeted and many other categories are pulling back.

3 years ago

FTX Recovered $5 Billion to Payback Creditors Estimated at $8 Billion

Washington Post | Tory Newmyer | Jan 11, 2023 Collapsed cryptocurrency exchange FTX says it has recovered more than $5 billion worth of cash and crypto assets it may be able to sell to help repay customers and investors, an attorney for the company told a Delaware bankruptcy court on Wednesday. Collapsed exchange has found


The post FTX Recovered $5 Billion to Payback Creditors Estimated at $8 Billion first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

Canaccord Genuity Management Group Offers $1.13 Billion to Take the Firm Private

FP | Denise Paglinawan  | Jan 9, 2023 A group comprised of members of Canaccord Genuity Group Inc.‘s management team is proposing to take over the company with an all-cash bid worth about $1.127 billion. Canaccord Genuity Group Inc.’s stock [initially became a public company listed on the TSX in June 2004 and on the


The post Canaccord Genuity Management Group Offers $1.13 Billion to Take the Firm Private first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

Twitter Soon Launching In-app ‘Coins’ to Help Creators Make Money – No Crypto Mentioned (yet)

Cointelegraph | Felix Ng  | Jan 11, 2023 Many in the community have been hoping that the secret “Twitter Coins” project would involve cryptocurrency in some way after the project was first leaked in early December by tech bloggers Jane Manchun Wong and Nima Owji. However, newly leaked images of the project’s development shared by


The post Twitter Soon Launching In-app ‘Coins’ to Help Creators Make Money – No Crypto Mentioned (yet) first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago