Accounts

Central Bank closely monitoring Archegos shock at Credit Suisse

The Central Bank of Ireland is closely monitoring Credit Suisse’s multibillion-dollar exposure to the collapse of a US hedge fund, Archegos Capital Management, and is liaising with other regulators, sources say. It will need to be determined whether Credit Suisse’s blue-chip brokerage business in Dublin, established in 2016 to lend …

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On-demand webinar: become a platform player with digital lending solutions

See on demand NOW! With increased pressure from capital allocation regulations, squeezing profit margins, and Amazon-style customer experience expectations, investment banks have decided to introduce new business models with the transformation digital. Complex loan syndication favors commission income over traditional interest income. Disparate models and lack of automation further exacerbate …

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Monte Rosa Therapeutics Announces $ 95 Million Series C Funding to Accelerate Next Generation Protein Degradation Platform

BOSTON–(COMMERCIAL THREAD) – Monte Rosa Therapeutics, a biotechnology company focused on the discovery and development of precision drugs that degrade pathogenic proteins, today announced the closing of a $ 95 million Series C funding. The product will be used to advance its lead candidate for clinical development, accelerate pipeline growth, …

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