#capital-markets

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CrossCountry Mortgage hires former Pennymac execs

CrossCountry Mortgage has hired former Pennymac executives to bolster its capital markets team and investment strategies.
#stock-market

New York Stock Exchange is extending its trading hours to meet growing demand in the Robinhood era

NYSE extends after-hours trading hours to 22 hours a day, improving accessibility for traders globally.

IPO vs SPAC: Which is less efficient?

Stock price pops on first day may indicate underpricing and potential for more raised capital.
SPACs like DWAC offer alternative routes to going public, with significant market value increases seen post-acquisition.

Bank of Japan Surprises Markets With Policy Tweak

The Bank of Japan said Tuesday that it would tweak its bond buying policies and step up asset purchases  a surprise move as Japan faces economic pressure from rising inflation and a weak yen.The change was seen as a sign that Japan might relax its adherence to ultralow interest rates.That commitment has made the country a global outlier as other central banks around the world have pushed up their rates in an effort to battle inflation.

New York Stock Exchange is extending its trading hours to meet growing demand in the Robinhood era

NYSE extends after-hours trading hours to 22 hours a day, improving accessibility for traders globally.

IPO vs SPAC: Which is less efficient?

Stock price pops on first day may indicate underpricing and potential for more raised capital.
SPACs like DWAC offer alternative routes to going public, with significant market value increases seen post-acquisition.

Bank of Japan Surprises Markets With Policy Tweak

The Bank of Japan said Tuesday that it would tweak its bond buying policies and step up asset purchases  a surprise move as Japan faces economic pressure from rising inflation and a weak yen.The change was seen as a sign that Japan might relax its adherence to ultralow interest rates.That commitment has made the country a global outlier as other central banks around the world have pushed up their rates in an effort to battle inflation.
morestock-market

Footwork, Construct Capital, and Bessemer come to Disrupt 2024 | TechCrunch

Startups must adapt to new fundraising strategies as traditional benchmarks become less relevant in 2025's capital markets.

William Chang steps down as Pennymac's capital markets leader

William Chang is stepping down as chief capital markets officer at PennyMac, succeeded by Mark Elbaum to lead the company's transition.
#bitcoin

MicroStrategy's Next Bitcoin Purchase Is Likely to Take Its Holdings Above Grayscale's GBTC

MicroStrategy is poised to hold more bitcoin than Grayscale, reflecting a major shift in cryptocurrency holdings.

First Mover Americas: Bitcoin Pulls Back to $42K; Venezuela Shutters Petro Crypto Project

Bitcoin's approval of a spot ETF turned out to be a 'sell-the-news' event, leading to a price pullback.
J.P. Morgan is skeptical that the new spot bitcoin ETFs will attract significant fresh capital.

MicroStrategy's Next Bitcoin Purchase Is Likely to Take Its Holdings Above Grayscale's GBTC

MicroStrategy is poised to hold more bitcoin than Grayscale, reflecting a major shift in cryptocurrency holdings.

First Mover Americas: Bitcoin Pulls Back to $42K; Venezuela Shutters Petro Crypto Project

Bitcoin's approval of a spot ETF turned out to be a 'sell-the-news' event, leading to a price pullback.
J.P. Morgan is skeptical that the new spot bitcoin ETFs will attract significant fresh capital.
morebitcoin

UK needs 1tn investment over 10 years to hit economic targets'

The UK needs ÂŁ1 trillion in investment over the next decade to achieve economic growth targets.
#profitability

Why Are Companies That Lose Money Still So Successful?

Investors are increasingly seeking loss-making firms like unicorns, prompting the need to identify investments for delayed real profits.

AI Demo Day: Optimal Blue's CompassEdgeAI Demo Day

CompassEdge platform enhances lenders' profitability and efficiency through advanced risk management and AI-powered automation tools.

Why Are Companies That Lose Money Still So Successful?

Investors are increasingly seeking loss-making firms like unicorns, prompting the need to identify investments for delayed real profits.

AI Demo Day: Optimal Blue's CompassEdgeAI Demo Day

CompassEdge platform enhances lenders' profitability and efficiency through advanced risk management and AI-powered automation tools.
moreprofitability

U.S.-Listed Bitcoin Miners Have the Upper Hand Over Unlisted Peers: Bernstein

U.S. publicly listed bitcoin miners have a significant capital-raising advantage over private peers, positioning them as key consolidators in the market.

Golden Spike Resources Boosts Market Strategy with Altitude Partnership - TipRanks.com

Golden Spike Resources partners with Altitude Capital for enhanced market presence and investor relations.

World's Wealthiest Law Firm Conducts Layoffs Due To Market Conditions

Kirkland & Ellis, the highest-grossing law firm, conducted layoffs in Asia due to market conditions.
Firm attributed layoffs to team size, not performance, and praised remaining capital markets team in Asia.

'It's Booming Right Now': Biglaw Firms Better Get In On These Corporate Debt Offerings

Liability management is continuing at a fast pace due to market challenges.
Companies that were already over-levered or facing difficulties are now taking advantage of the opportunity to reprice their debt or extend debt maturities.
#korr

The AlleyWatch Startup Daily Funding Report: 1/16/2024

Korr raises $3.2M in Seed funding for its cloud-native insurtech platform
Axle secures $1.5M in Pre-Seed funding for its CRM system tailored for the capital markets

The AlleyWatch Startup Daily Funding Report: 1/16/2024

Korr raises $3.2M in Seed funding for its cloud-native insurtech platform
Axle secures $1.5M in Pre-Seed funding for its CRM system tailored for the capital markets

The AlleyWatch Startup Daily Funding Report: 1/16/2024

Korr raises $3.2M in Seed funding for its cloud-native insurtech platform
Axle secures $1.5M in Pre-Seed funding for its CRM system tailored for the capital markets

The AlleyWatch Startup Daily Funding Report: 1/16/2024

Korr raises $3.2M in Seed funding for its cloud-native insurtech platform
Axle secures $1.5M in Pre-Seed funding for its CRM system tailored for the capital markets
morekorr

The AlleyWatch Startup Daily Funding Report: 1/16/2024

Korr raises $3.2M in Seed funding for its cloud-native insurtech platform
Axle secures $1.5M in Pre-Seed funding for its CRM system tailored for the capital markets

It's Really Not A Good Time To Be A Capital Markets Senior Associate

Partnership elections in capital markets were down by a certain percentage.
Promotions in countercyclical and regulatory practice areas saw an increase.
Specifically, promotions in debt finance were up 36% over 2022.
#senior-vice-president

Snapdocs, Finastra LOS integrate to support Trustmark eClosings

, a leading digital closing platform for the mortgage industry, has announced a new integration with Finastra's Mortgagebot loan origination system (LOS) to support Trustmark 's eClose transformation.With this integration, Trustmark's lenders nationwide can execute closings in a centralized workflow to drive faster closing times, reduce operating costs and enhance the borrower experience.

Bank failures may be the catalyst for an economic recession

Fannie Maehas projected that the recent bank failures may act as the catalyst that tips an already precarious economy into a recession - primarily due to the combination of tighter lending standards by small- and mid-sized regional banks.The ongoing banking instability may affect the availability of jumbo mortgages and residential construction loans due to the high concentration of those originations stemming from small and mid-sized banks, Fannie Mae's Economic and Strategic Research (ESR) Group said.

Snapdocs, Finastra LOS integrate to support Trustmark eClosings

, a leading digital closing platform for the mortgage industry, has announced a new integration with Finastra's Mortgagebot loan origination system (LOS) to support Trustmark 's eClose transformation.With this integration, Trustmark's lenders nationwide can execute closings in a centralized workflow to drive faster closing times, reduce operating costs and enhance the borrower experience.

Bank failures may be the catalyst for an economic recession

Fannie Maehas projected that the recent bank failures may act as the catalyst that tips an already precarious economy into a recession - primarily due to the combination of tighter lending standards by small- and mid-sized regional banks.The ongoing banking instability may affect the availability of jumbo mortgages and residential construction loans due to the high concentration of those originations stemming from small and mid-sized banks, Fannie Mae's Economic and Strategic Research (ESR) Group said.
moresenior-vice-president
#advertising

#NYCtech Week in Review: 4/23/23 - 4/29/23

With so much going on in the city's thriving ecosystem, it is easy to miss some of the happenings in the space.We keep you abreast of the things that you may have missed in NYC Tech News for the week ending 4/29 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Constrafor, Chiefy, Axoni, and much, much more.

The AlleyWatch Startup Daily Funding Report: 4/26/2023

The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 4/26/2023 featuring funding details for Rinsed, Axoni, and much more.This page will be updated throughout the day to reflect any new fundings.Rinsed - $20M
Rinsed, a CRM platform built for car wash operators, has raised $20M in Series B funding led by VMG Partners.

#NYCtech Week in Review: 4/23/23 - 4/29/23

With so much going on in the city's thriving ecosystem, it is easy to miss some of the happenings in the space.We keep you abreast of the things that you may have missed in NYC Tech News for the week ending 4/29 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Constrafor, Chiefy, Axoni, and much, much more.

The AlleyWatch Startup Daily Funding Report: 4/26/2023

The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 4/26/2023 featuring funding details for Rinsed, Axoni, and much more.This page will be updated throughout the day to reflect any new fundings.Rinsed - $20M
Rinsed, a CRM platform built for car wash operators, has raised $20M in Series B funding led by VMG Partners.
moreadvertising

Fannie Mae executes CIRT deals on $31B of single-family loans

Fannie Mae announced on Monday that it has executed two new Credit Insurance Risk Transfer (CIRT) deals: CIRT 2023-2 and CIRT 2023-3.The deals, which include over $31 billion in single-family mortgage loans, are designed to reduce risk to taxpayers by increasing the role of private capital in the mortgage market.

Apartment rents in OC fall 2.5% since September The Real Deal Los Angeles

(Illustration by Priyanka Modi for The Real Deal with Getty) Double-digit rent increases in Orange County have hit the wall.Rent hikes as steep as 30 percent in OC since 2020 have plateaued, with average apartment rents sliding 2.5 percent over the last four months to $2,540 per month, the Orange County Business Journal reported, citing CoStar.

Last call for the 2023 Finance Leaders

Today marks the last day to nominate someone for the 2023 HW Finance Leaders award.Don't miss the chance to recognize the top finance executive at your organization!Eligible nominees must be corporate finance, capital markets, or accounting executives within mortgage origination or a real estate brokerage and will be selected based off of financial management, strategic thinking and contribution to their organization.

7 Luxury Homes Sold in the DC Area

Where: Great Falls.Bought by: David Raffetto , Cisco's director of sales for the Department of Defense.Listed: $3,495,000.Sold: $3,250,000.Days on market: 93.Style: Colonial.Bragging points: Two acres, with seven bedrooms, nine bathrooms, five fireplaces, a climate-controlled wine cellar, and an outdoor heated pool.

Bally's executes sale-leaseback on newly acquired Freedom Center site, raising up to $500 million to develop Chicago casino

Days after buying the 30-acre Freedom Center printing site, Bally's has sold the land to a Chicago real estate investment firm, leasing it back for 99 years and raising up to $500 million to help build its proposed $1.74 billion Chicago casino complex.Oak Street Real Estate Capital acquired the River West property Monday for $200 million in the sale-leaseback deal, with a commitment to provide up to $300 million more in additional funding to develop the casino.

'Goliath is winning" report explains why JPMorgan, Goldman Sachs and Morgan Stanly are all beating capital markets expectations

The five largest banks in America experienced significant growth in capital markets revenue, outperforming expectations and indicating a positive trend in the sector.

Don't Tell Anyone, but Private Blockchains Handle Over $1.5T of Securities Financing a Month

The use of private blockchains for repurchase agreements is prevalent and successful in the financial industry.
from Coindesk
5 months ago

MicroStrategy Is Pioneering Bitcoin Capital Markets, Bernstein Says

MicroStrategy pioneering bitcoin capital markets with $4 billion convertible debt for bitcoin investment.
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