The luxury goods sector may be facing a potential downturn, according to RBC Capital Markets. The investment bank said in a recent note that one of the key factors is the expectation of a consolidation of the strong gains that luxury goods makers have experienced in...
Leveraged loans were a popular method of financing during the pandemic. Now, with interest rates set to stay high, they’ve turned into a major headache, The Wall Street Journal reported Wednesday (Sept. 27). According to that report — which cites the ratings firm Fitch — close...
It was only a few months ago in November that OpenAI released their ground-breaking ChatGPT chatbot, and since then the chatbot has enjoyed unprecedented success with more than 100 million monthly active users. Inevitably, with the advances in AI technology and the developments within open...
RBC Capital Markets will auction off global payments platform business Cohort Go, a report says. Cohort Go, based in Brisbane, helps international students pay costs including tuition. According to the report, RBC’s bankers have begun showing the business to possible domestic and offshore strategic suitors...
April 16, 2024
RBC Capital Markets has launched a cloud-native cash management solution designed for Fortune 1000 companies in the United States. The new RBC Clear platform provides near real-time traceability and transparency of transaction lifecycles for corporate treasurers, the firm said in a Tuesday (April 16) press release. “When we decided to explore building out a U.S. cash management business, we […]
October 11, 2023
The luxury goods sector may be facing a potential downturn, according to RBC Capital Markets. The investment bank said in a recent note that one of the key factors is the...
September 27, 2023
Leveraged loans were a popular method of financing during the pandemic. Now, with interest rates set to stay high, they’ve turned into a major headache, The Wall Street Journal reported Wednesday...
January 31, 2022
RBC Capital Markets will auction off global payments platform business Cohort Go, a report says. Cohort Go, based in Brisbane, helps international students pay costs including tuition. According to the...
