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Tag Archives: investment

Does the withdrawal of Deutsche Bank mean that investment banking is a liability? – Quartz

How many investment banks are too many investment banks? This week Deutsche Bank has made a big withdrawal from the business. Germany's largest bank, with around 18,000 jobs, is reducing one fifth of its workforce and is expanding its investment banking and trading units. In its most radical restructuring so far, the company will focus on more stable corporate banking …

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Whataburger sells to investment firm BDT Capital Partners

SAN ANTONIO, Texas (KTRK) – Whataburger, which started from a small burger stand in Corpus Christi, is changing hands after 69 years in family ownership. The popular fast food chain with more than 800 locations In 10 states, the sale was announced to the affiliate BDT Capital Partners. Although the terms of the deal were not immediately announced, Whataburger claims …

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Bitfinex Announces Distribution of Tokens Following a Private $ 1 Billion Investment

Crypto-Exchange-Bitfinex continues from last month's tether cover-up allegations and announces the distribution of its new utility token. The parent company, iFinex, which has raised $ 1 billion through the private offering, will be listing the token on Monday from Monday. Bitfinex: Another auxiliary token for exchanging cryptocurrencies Well, if everyone else does … Binance seems to have done a very …

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Amazon leads $ 575 million investment round for food company Deliveroo

Amazon is launching a $ 575 million Deliveroo funding round, with the total food delivery app so far reaching $ 1.53 billion, and Greenoaks. Deliveroo is a UK company that allows users to order grocery deliveries from nearby restaurants with one app. British competitors include Uber Eats and Just Eat. However, the company operates in 14 markets, including Australia, Germany, …

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Uber's self drive unit receives its own CEO and a $ 1 billion investment

When Uber finally completes its IPO, its self-propelled passenger car unit gains a great deal of liquidity and independence. The company announced tonight that Toyota, Denso and Softbank will invest a total of $ 1 billion in the Advanced Technologies Group (Uber ATG). This means that this part of the company is estimated at $ 7.25 billion. This increases Toyota's …

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Uber's self-driving unit receives a $ 1 billion investment from SoftBank and the Japanese auto industry

Uber leader Dara Khosrowshahi announced tonight that the Japanese conglomerate SoftBank Vision Fund, automaker Toyota and automotive supplier Denso have made a $ 1 billion investment. The news confirms an article by The Wall Street Journal which was released earlier this week and reported that Uber was about to finance its autonomous department, Uber Advanced Technologies Group (UberATG). Khosrowshahi posted …

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