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Mercury Takes Aim at Replacing Silicon Valley Bank As Tech Hubs Go-To Bank and Lender
Thursday, March 30, 2023 - 10:18am | 784Silicon Valley Bank’s (SVB) shocking collapse has paved the way for other banks and financial institutions to step up and meet the growing demand for venture debt. Following the SVB collapse, consistent with their entrepreneurial spirit, dozens of startups raced to provide alternatives....
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Former FTX.US President On Crypto Future In Aftermath Of Silvergate, Signature Bank Failures
Wednesday, March 15, 2023 - 3:33pm | 337New banks are expected to compete for business from cryptocurrency companies in the wake of the demise of Silvergate (NYSE: SI) and Signature bank, according to former FTX.US president Brett Harrison. In an episode of "The Scoop" podcast with The Block, Harrison noted that "...
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Digital Currency Group Searches For A Lifeline As SVB And Crypto-Friendly Banks Collapse
Tuesday, March 14, 2023 - 12:07pm | 436Prominent crypto conglomerate Digital Currency Group (DCG) is seeking to secure new banking partners for its portfolio companies in the aftermath of the recent collapses of Silicon Valley Bank (NASDAQ: SIVB), Signature Bank, and Silvergate Capital Corp (NYSE: SI). Coindesk reported that...
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Jeff Bezos, Others Looking at Suns and Mercury
Friday, September 23, 2022 - 12:39pm | 400After Robert Sarver's announcement that he is selling the Phoenix Suns and Mercury, an assortment of billionaire former CEOs have emerged as potential buyers. Amazon (NASDAQ: AMZN) founder and former CEO Jeff Bezos could reportedly consider a bid, as might former Disney (NYSE: DIS)...
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Fintech Focus For August 2, 2021
Sunday, August 1, 2021 - 7:49pm | 1817Quote To Start The Day: "The first casualty when war comes is truth.” Source: Hiram Johnson One Big Thing In Fintech: Square will buy Australia’s Afterpay for about $29 billion in an all-stock deal as the U.S. fintech firm looks to leverage the burgeoning popularity of buy now,...
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Which Chemical Company Will Be Hit Hardest By The Supreme Court's Mercury Ruling?
Tuesday, June 30, 2015 - 9:46am | 480In a recent report, Macquarie analyst Cooley May discussed recent developments in the U.S. chemical industry, including fallout from the recent Supreme Court mercury ruling. May also provided Macquarie's outlook for a strained European ethylene market. Mercury ruling The Supreme Court...
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Tesla's Model S Is A 'Laptop On Four Wheels' (TSLA)
Friday, August 9, 2013 - 11:19am | 931Tesla's (NASDAQ: TSLA) Model S and Model X come equipped with a beautiful touch display that dwarfs the full-size iPad. Tesla isn't in the business of producing tablets, however. It created the Model S to change the automotive industry and redefine the merits of an electric car. Even so, Global...
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Automobiles and the Disappearing Brands
Tuesday, November 2, 2010 - 12:55pm | 397Saturn. Pontiac. Mercury. These are just some of the brands that are being eliminated as automakers struggle to become more efficient. More often than not, their reasons are justified: Pontiac was too niche to survive, Saturn wasn't profitable, and Mercury had become a higher-priced clone of Ford...