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Private banks across Europe have recorded low profits in about a decade since the great depression of 2008. A report by the McKinsey points out that the dwindling benefits can be attributed to reduced investor inflows, rising costs, and the weakening financial market. Banks from Western Europe declined by 8% to €13.5 billion from €15.4…
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World High Life, the recognized medicinal cannabis investment firm, signed a deal to purchase Love Hemp for £9 million. Love Hemp is a cannabis oil company from the United Kingdom. The main goal is to expand its business in Europe. New Cannabis Company Deal The cannabis industry is never boring. World High Life announced they…
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In an effort to ditch some weight, Japanese vehicle manufacturer Nissan Motor Co. is looking to sell a wholly owned subsidiary in a transaction that could be worth up to $1 billion, per people familiarized with the situation. The entity to be sold works in the car parts distribution industry. The once powerful Asian vehicle…
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OP-ED: This in-depth opinion article is written by someone who is not affiliated with the LearnBonds editorial staff. Edited by Justin B. More than a decade ago, Satoshi Nakamoto, the mysterious inventor of the modern-day crypto-hawala published his white paper, “Bitcoin: A Peer-to-Peer Electronic Cash System”. The choice of the term itself already alludes to…
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One of the United States’ most prominent and significant vertically integrated cannabis operators is ready to make a splash acquisition, one that is going to revolutionize the industry. Cresco Labs Inc, a company with headquarters in Chicago, Illinois, is set to purchase two Valley marijuana dispensaries, as well as a big growth area that is…
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Citigroup is optimistic that its revenue from the Middle East and Africa business will keep soaring, even as the region battles lower unstable oil prices and political uncertainty. In a recent interview, Citigroup’s CEO of EMEA emerging markets cluster Atiq Rehman said: “We typically do much better than the economic growth rate, given our business…
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On September 15th, 2019, Blackstone Real Estate Europe announced that the company is acquiring the Dream Global Real Estate Investment Trust (REIT) for a whopping $6.2 Billion U.S. Dollars. Dream Global is one of Europe’s top real estate companies. A statement from James Seppala, Head of Blackstone Real Estate Europe read: “We are delighted to…
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Telecom giant AT&T has landed into fresh trouble, this time with activist investor Elliott Management Corp. which believes that the company has to go the extra step to reduce its costs. Paul Singer’s estimates are rubbing off According to Elliot, which is operated by billionaire Paul Singer, the company could cut more than $5 billion…
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Challenger banks in the United Kingdom continue to expand. According to a new study released by Accenture Strategy, these digital banks in the UK could reach 35 million customers by 2020. That would represent an increase of over 100% from the current ~13 million customers. UK Challenger Banks Continue Growing During the first six months…
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It’s now official that Spotify is the new owner of SoundBetter—the digital marketplace for music professionals. Established in 2012, SoundBetter has been a renowned digital marketplace where artists and music professionals can buy and sell services such as recording, studios, mixing, songwriting, and mastering. In the face of the new development, SoundBetter co-founder and CEO…
