For affluent parents, using the low-interest loans can be a way to pass down their wealth - and save on taxes. Baby boomers borrowing against their investment portfolios are feeding the all-cash bidding frenzy. Here's how it works.
The 11 banks that signed on to help Google offer its checking account share what's next for them in the wake of the project getting scrapped. Some said they'd partner with Google on future projects, while others said they intend to leverage the development. See what banks are doing now that Google's digital bank account is no more.
The couple told DealBook they're joining Ethic, a $1.3 billion asset manager, as "impact partners." With $1.3 billion under management in the environmental, social, and governance space, the pair hopes it'll encourage younger people to invest in sustainable firms. More on their move into investing.
Tech investor Francisco Partners just closed its second credit fund, a $2.2 billion effort dubbed FP Credit Partners II. The fresh funding, set to be deployed over three years, will target healthcare opportunities, fintech, security, and industrial technology companies. Here's how it'll put the money to work.
Cryptocurrency lender Celsius Network has raised $400 million in its latest fundraising round, pushing its valuation to $3 billion. The latest cash injection will be used to expand its offerings and products, Celsius said. More on that here.
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