The U.S. Securities and Exchange Commission on Aug. 23 adopted new rules aimed to expand the regulation of private fund advisers. According to a news release from the SEC, “the new rules and amendments are designed to protect private fund investors by increasing transparency, competition, and efficiency ... READ MORE >
Financial services
Financial services update: FedNow, banking results, reinsurance disruption
In the latest installment of our monthly financial services update, we take a look at the upcoming launch of the Federal Reserve's instant payment system, banking results for the first quarter and disruption in the reinsurance sector. FedNow set to modernize nation’s payment system The Federal ... READ MORE >
Bank deposit carousel continues as investors search for yield
Outflows of deposits from small banks paused last week, while outflows from large banks increased. This implies that funds continue to flow out of traditional banking and into money market funds or other alternative investments as investors search for yield. While it is too soon to declare the ... READ MORE >
Financial services update: Q4 banking, AI-powered funds, regulatory proposals
In the latest installment of our monthly financial services update, we take a look at banking results from the fourth quarter of 2022, artificial intelligence-powered funds, and two regulatory proposals. Q4 banking results The bank failures of early March have changed the landscape for financial ... READ MORE >
4 areas of focus for financial institutions in early 2023
Despite the lift in financial institutions’ net interest margins from unprecedented rate hikes, the headwinds facing the industry through declining macroeconomic conditions are creating unique downside risks for the nation’s banking system. Still, the strong capital positions of the nation’s banks have ... READ MORE >
Financial services update: NIM growth, fintech recap, nonbank financial institution oversight
In the first installment of our monthly financial services update, we take a look at how financial institutions can sustain net interest margin growth, how fintech finished out 2022 and a rule proposed by the Consumer Financial Protection Bureau to create a registry of nonbank financial ... READ MORE >
Private equity deal activity remains resilient despite leveraged loan market
2022 U.S. private equity deal flow closed as the second-best year on record in both dollar and volume terms against a backdrop of a debt-financing squeeze. Banks retreated from the broadly syndicated loan market after their balance sheets were saddled with commitments to finance leveraged buyouts on much ... READ MORE >
Venture capital trends were mixed in 2022; expect them to converge in 2023
It was a mixed year in 2022 for venture capital as fundraising hit an all-time high, whereas deal activity slowed and exits capitulated. The start of this year should see these trends move in the same direction as appetite for fast-growing startups wanes and investor focus shifts to profitability and ... READ MORE >
How remittances bolster emerging economies
Remittances play a well-known but little discussed role in emerging markets around the world. Low-income countries like El Salvador are heavily dependent upon such payments from families and friends who work in other countries, with roughly 20% of gross domestic product coming from remittances. The ... READ MORE >
As insurtech investment dips, companies get boost by teaming with traditional insurers
Insurance technology startups (insurtechs) have been disrupting the insurance industry for several years, offering customers on-demand products and streamlined services driven by technological advancements. The traditional insurance industry provided the perfect landscape for insurtech disruption as the ... READ MORE >