Chime IPO to check public market urge for food for fintech as firms exit

Chime IPO to check public market urge for food for fintech as firms exit

Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images There’s a mini-boom happening in fintech. After a multi-year IPO slowdown triggered by rising rates and valuation resets, some of the emerging players in online stock trading, banking, lending and crypto-related services are hitting the public market, or at least preparing for a debut. The … Read more

Fund managers foyer Congress on Part 899 to avert international buyers exit

Fund managers foyer Congress on Part 899 to avert international buyers exit

American fund managers are lobbying Congress over a provision tucked inside President Donald Trump’s tax bill that they say could lead to foreign investors “quickly” pulling investments out of the U.S. The “One Big Beautiful Bill Act,” which passed through the U.S. House of Representatives in May, aims to penalize foreign-owned firms operating in the … Read more