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Showing 21 - 30 of 52 results for "Silicon Valley"

HSBC bails out Silicon Valley Bank UK

CASSANDRA BALDINI  |  TUESDAY, 14 MAR 2023
HSBC has leapt to the rescue and purchased the embattled Silicon Valley Bank's (SVB) UK arm for a total sum of £1. The banking giant yesterday announced its UK ring-fenced subsidiary, HSBC UK Bank, would make the purchase, which excluded the assets ...

US agencies act to prevent crisis

JAMIE WILLIAMSON  |  MONDAY, 13 MAR 2023
... prevent a banking crisis are being implemented. It comes as local tech companies confirm minimal exposures to the Silicon Valley Bank failure. Early this morning, a joint statement from US Treasury secretary Janet Yellen, Fed chair Jerome Powell and ...

SVG invests in Australian agtech

CHLOE WALKER  |  THURSDAY, 18 AUG 2022
Silicon Valley agrifood innovation investor SVG is launching a $50 million venture fund in Melbourne to fund local agtech startups. The THRIVE Australia Venture Fund aims grow the agtech startup ecosystem in Victoria and across Australia fast-tracking ...

Moomoo launches down under

CHLOE WALKER  |  MONDAY, 7 MAR 2022
... invest in shares and ETFs locally and overseas in key markets." The platform is owned and operated by Moomoo Inc., a Silicon Valley-based technology company providing cutting-edge financial services to global retail investors, and part of Futu Holdings ...

KKR appoints APAC growth equity lead

JAMIE WILLIAMSON  |  FRIDAY, 3 DEC 2021
... Creative Artists Agency and WebMD. He has also previously held roles with Warburg Pincus in New York, Cisco Systems in Silicon Valley and the US Federal Communications Commission in Washington DC.

CBA takes stake in AI firm

ANNABELLE DICKSON  |  MONDAY, 8 NOV 2021
Commonwealth Bank has taken a minority stake in a Silicon Valley-based artificial intelligence (AI) platform. H2O.ai operates a cloud-based machine learning platform, H2O AI Cloud, and employs some of the world's top data scientists. The partnership ...

JPMorgan Chase acquires financial planning platform

JAMIE WILLIAMSON  |  FRIDAY, 24 SEP 2021
... college more accessible and more affordable for students and their families. Investors in the platform include Silicon Valley Bank and the co-founder and chief executive of Apollo Global Management. "We look forward to joining the Chase family to further ...

Netwealth launches mobile app

ANNABELLE DICKSON  |  THURSDAY, 22 JUL 2021
... provides our clients with an elegant, intuitive and professional experience, where the design combines the best of "Silicon Valley" to appeal to both younger clients or more sophisticated clients." Advisers can also download the app to access to all ...

Equity Trustees wins mandate

KANIKA SOOD  |  TUESDAY, 27 APR 2021
... Opportunities PLC (HGO) will invest in growth-stage companies in technology, fintech and medtech with a focus on Silicon Valley and Israel. HGO recently listed on the Euronext Growth Paris. Equity Trustees will act as the AIFM for HGO, which is similar ...

Billionaires club rakes in cash amid COVID-19 crisis

ALLY SELBY  |  FRIDAY, 24 APR 2020
... chief executive Eric Yuan (up US$2.6 billion), former Microsoft chief executive Steve Ballmer (up US$2.2 billion), Silicon Valley real estate mogul John Sobrato (up US$2.1 billion), Apollo Global Management co-founder Joshua Harris (up US$1.7 billion) ...