According to Reuters<\/em>, analysts foresee a favorable outlook for mergers and acquisitions in Canada in 2024, driven by factors such as easing wage inflation and potential interest rate cuts. This optimistic forecast sets the stage for Jefferies and SMBC to leverage their combined resources to facilitate deals within the Canadian market.<\/p>\n\n\n\n Jefferies' recent establishment of an investment banking unit in Canada highlights its commitment to the region's growth potential. Additionally, the integration of their US equity and M&A business reinforces the collaboration with SMBC, demonstrating a strategic alignment aimed at maximizing market penetration and enhancing client offerings.<\/p>\n\n\n\n This expansion of the alliance between Jefferies and Sumitomo is not confined to Canada alone. With their alliance already extending across Europe, the Middle East, and Africa markets, the two companies are actively pursuing a global strategy, leveraging their combined strengths to capitalize on opportunities across diverse geographies.<\/p>\n","post_title":"Jefferies Financial and Sumitomo Mitsui Banking Corp Extend Partnership to Canada","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"jefferies-financial-and-sumitomo-mitsui-banking-corp-extend-partnership-to-canada","to_ping":"","pinged":"","post_modified":"2024-04-08 04:03:45","post_modified_gmt":"2024-04-07 18:03:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16248","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
According to Reuters<\/em>, analysts foresee a favorable outlook for mergers and acquisitions in Canada in 2024, driven by factors such as easing wage inflation and potential interest rate cuts. This optimistic forecast sets the stage for Jefferies and SMBC to leverage their combined resources to facilitate deals within the Canadian market.<\/p>\n\n\n\n Jefferies' recent establishment of an investment banking unit in Canada highlights its commitment to the region's growth potential. Additionally, the integration of their US equity and M&A business reinforces the collaboration with SMBC, demonstrating a strategic alignment aimed at maximizing market penetration and enhancing client offerings.<\/p>\n\n\n\n This expansion of the alliance between Jefferies and Sumitomo is not confined to Canada alone. With their alliance already extending across Europe, the Middle East, and Africa markets, the two companies are actively pursuing a global strategy, leveraging their combined strengths to capitalize on opportunities across diverse geographies.<\/p>\n","post_title":"Jefferies Financial and Sumitomo Mitsui Banking Corp Extend Partnership to Canada","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"jefferies-financial-and-sumitomo-mitsui-banking-corp-extend-partnership-to-canada","to_ping":"","pinged":"","post_modified":"2024-04-08 04:03:45","post_modified_gmt":"2024-04-07 18:03:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16248","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related:<\/em><\/strong> StarCard Sports Games Launches \u201cLegends\u201d Initiative for New World Football Alliance; Partners with Ashley Cole and Roberto Carlos<\/a><\/p>\n\n\n\n According to Reuters<\/em>, analysts foresee a favorable outlook for mergers and acquisitions in Canada in 2024, driven by factors such as easing wage inflation and potential interest rate cuts. This optimistic forecast sets the stage for Jefferies and SMBC to leverage their combined resources to facilitate deals within the Canadian market.<\/p>\n\n\n\n Jefferies' recent establishment of an investment banking unit in Canada highlights its commitment to the region's growth potential. Additionally, the integration of their US equity and M&A business reinforces the collaboration with SMBC, demonstrating a strategic alignment aimed at maximizing market penetration and enhancing client offerings.<\/p>\n\n\n\n This expansion of the alliance between Jefferies and Sumitomo is not confined to Canada alone. With their alliance already extending across Europe, the Middle East, and Africa markets, the two companies are actively pursuing a global strategy, leveraging their combined strengths to capitalize on opportunities across diverse geographies.<\/p>\n","post_title":"Jefferies Financial and Sumitomo Mitsui Banking Corp Extend Partnership to Canada","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"jefferies-financial-and-sumitomo-mitsui-banking-corp-extend-partnership-to-canada","to_ping":"","pinged":"","post_modified":"2024-04-08 04:03:45","post_modified_gmt":"2024-04-07 18:03:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16248","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The decision to deepen their partnership comes at a time when US investment banks are increasingly turning their attention to the Canadian landscape, recognizing its competitive advantages. Jefferies and SMBC's strategic alliance aligns with this trend and positions them favorably to navigate the evolving dynamics of Canada's financial sector.<\/p>\n\n\n\n See Related:<\/em><\/strong> StarCard Sports Games Launches \u201cLegends\u201d Initiative for New World Football Alliance; Partners with Ashley Cole and Roberto Carlos<\/a><\/p>\n\n\n\n According to Reuters<\/em>, analysts foresee a favorable outlook for mergers and acquisitions in Canada in 2024, driven by factors such as easing wage inflation and potential interest rate cuts. This optimistic forecast sets the stage for Jefferies and SMBC to leverage their combined resources to facilitate deals within the Canadian market.<\/p>\n\n\n\n Jefferies' recent establishment of an investment banking unit in Canada highlights its commitment to the region's growth potential. Additionally, the integration of their US equity and M&A business reinforces the collaboration with SMBC, demonstrating a strategic alignment aimed at maximizing market penetration and enhancing client offerings.<\/p>\n\n\n\n This expansion of the alliance between Jefferies and Sumitomo is not confined to Canada alone. With their alliance already extending across Europe, the Middle East, and Africa markets, the two companies are actively pursuing a global strategy, leveraging their combined strengths to capitalize on opportunities across diverse geographies.<\/p>\n","post_title":"Jefferies Financial and Sumitomo Mitsui Banking Corp Extend Partnership to Canada","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"jefferies-financial-and-sumitomo-mitsui-banking-corp-extend-partnership-to-canada","to_ping":"","pinged":"","post_modified":"2024-04-08 04:03:45","post_modified_gmt":"2024-04-07 18:03:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16248","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Since their collaboration commenced in 2021, the two entities have delved into cross-border mergers and acquisitions, healthcare, and leveraged finance, Reuters<\/em> reported<\/a>. Now, with a focus on Canada's dealmaking market, Jefferies and SMBC are preparing to capitalize on the opportunities presented.<\/p>\n\n\n\n The decision to deepen their partnership comes at a time when US investment banks are increasingly turning their attention to the Canadian landscape, recognizing its competitive advantages. Jefferies and SMBC's strategic alliance aligns with this trend and positions them favorably to navigate the evolving dynamics of Canada's financial sector.<\/p>\n\n\n\n See Related:<\/em><\/strong> StarCard Sports Games Launches \u201cLegends\u201d Initiative for New World Football Alliance; Partners with Ashley Cole and Roberto Carlos<\/a><\/p>\n\n\n\n According to Reuters<\/em>, analysts foresee a favorable outlook for mergers and acquisitions in Canada in 2024, driven by factors such as easing wage inflation and potential interest rate cuts. This optimistic forecast sets the stage for Jefferies and SMBC to leverage their combined resources to facilitate deals within the Canadian market.<\/p>\n\n\n\n Jefferies' recent establishment of an investment banking unit in Canada highlights its commitment to the region's growth potential. Additionally, the integration of their US equity and M&A business reinforces the collaboration with SMBC, demonstrating a strategic alignment aimed at maximizing market penetration and enhancing client offerings.<\/p>\n\n\n\n This expansion of the alliance between Jefferies and Sumitomo is not confined to Canada alone. With their alliance already extending across Europe, the Middle East, and Africa markets, the two companies are actively pursuing a global strategy, leveraging their combined strengths to capitalize on opportunities across diverse geographies.<\/p>\n","post_title":"Jefferies Financial and Sumitomo Mitsui Banking Corp Extend Partnership to Canada","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"jefferies-financial-and-sumitomo-mitsui-banking-corp-extend-partnership-to-canada","to_ping":"","pinged":"","post_modified":"2024-04-08 04:03:45","post_modified_gmt":"2024-04-07 18:03:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16248","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Jefferies Financial is making significant strides in expanding its presence in Canada, bolstering its presence through a partnership with Japan's Sumitomo Mitsui Banking Corp (SMBC).<\/p>\n\n\n\n Since their collaboration commenced in 2021, the two entities have delved into cross-border mergers and acquisitions, healthcare, and leveraged finance, Reuters<\/em> reported<\/a>. Now, with a focus on Canada's dealmaking market, Jefferies and SMBC are preparing to capitalize on the opportunities presented.<\/p>\n\n\n\n The decision to deepen their partnership comes at a time when US investment banks are increasingly turning their attention to the Canadian landscape, recognizing its competitive advantages. Jefferies and SMBC's strategic alliance aligns with this trend and positions them favorably to navigate the evolving dynamics of Canada's financial sector.<\/p>\n\n\n\n See Related:<\/em><\/strong> StarCard Sports Games Launches \u201cLegends\u201d Initiative for New World Football Alliance; Partners with Ashley Cole and Roberto Carlos<\/a><\/p>\n\n\n\n According to Reuters<\/em>, analysts foresee a favorable outlook for mergers and acquisitions in Canada in 2024, driven by factors such as easing wage inflation and potential interest rate cuts. This optimistic forecast sets the stage for Jefferies and SMBC to leverage their combined resources to facilitate deals within the Canadian market.<\/p>\n\n\n\n Jefferies' recent establishment of an investment banking unit in Canada highlights its commitment to the region's growth potential. Additionally, the integration of their US equity and M&A business reinforces the collaboration with SMBC, demonstrating a strategic alignment aimed at maximizing market penetration and enhancing client offerings.<\/p>\n\n\n\n This expansion of the alliance between Jefferies and Sumitomo is not confined to Canada alone. With their alliance already extending across Europe, the Middle East, and Africa markets, the two companies are actively pursuing a global strategy, leveraging their combined strengths to capitalize on opportunities across diverse geographies.<\/p>\n","post_title":"Jefferies Financial and Sumitomo Mitsui Banking Corp Extend Partnership to Canada","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"jefferies-financial-and-sumitomo-mitsui-banking-corp-extend-partnership-to-canada","to_ping":"","pinged":"","post_modified":"2024-04-08 04:03:45","post_modified_gmt":"2024-04-07 18:03:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16248","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Jefferies Financial is making significant strides in expanding its presence in Canada, bolstering its presence through a partnership with Japan's Sumitomo Mitsui Banking Corp (SMBC).<\/p>\n\n\n\n Since their collaboration commenced in 2021, the two entities have delved into cross-border mergers and acquisitions, healthcare, and leveraged finance, Reuters<\/em> reported<\/a>. Now, with a focus on Canada's dealmaking market, Jefferies and SMBC are preparing to capitalize on the opportunities presented.<\/p>\n\n\n\n The decision to deepen their partnership comes at a time when US investment banks are increasingly turning their attention to the Canadian landscape, recognizing its competitive advantages. Jefferies and SMBC's strategic alliance aligns with this trend and positions them favorably to navigate the evolving dynamics of Canada's financial sector.<\/p>\n\n\n\n See Related:<\/em><\/strong> StarCard Sports Games Launches \u201cLegends\u201d Initiative for New World Football Alliance; Partners with Ashley Cole and Roberto Carlos<\/a><\/p>\n\n\n\n According to Reuters<\/em>, analysts foresee a favorable outlook for mergers and acquisitions in Canada in 2024, driven by factors such as easing wage inflation and potential interest rate cuts. This optimistic forecast sets the stage for Jefferies and SMBC to leverage their combined resources to facilitate deals within the Canadian market.<\/p>\n\n\n\n Jefferies' recent establishment of an investment banking unit in Canada highlights its commitment to the region's growth potential. Additionally, the integration of their US equity and M&A business reinforces the collaboration with SMBC, demonstrating a strategic alignment aimed at maximizing market penetration and enhancing client offerings.<\/p>\n\n\n\n This expansion of the alliance between Jefferies and Sumitomo is not confined to Canada alone. With their alliance already extending across Europe, the Middle East, and Africa markets, the two companies are actively pursuing a global strategy, leveraging their combined strengths to capitalize on opportunities across diverse geographies.<\/p>\n","post_title":"Jefferies Financial and Sumitomo Mitsui Banking Corp Extend Partnership to Canada","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"jefferies-financial-and-sumitomo-mitsui-banking-corp-extend-partnership-to-canada","to_ping":"","pinged":"","post_modified":"2024-04-08 04:03:45","post_modified_gmt":"2024-04-07 18:03:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16248","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Jefferies Financial is making significant strides in expanding its presence in Canada, bolstering its presence through a partnership with Japan's Sumitomo Mitsui Banking Corp (SMBC).<\/p>\n\n\n\n Since their collaboration commenced in 2021, the two entities have delved into cross-border mergers and acquisitions, healthcare, and leveraged finance, Reuters<\/em> reported<\/a>. Now, with a focus on Canada's dealmaking market, Jefferies and SMBC are preparing to capitalize on the opportunities presented.<\/p>\n\n\n\n The decision to deepen their partnership comes at a time when US investment banks are increasingly turning their attention to the Canadian landscape, recognizing its competitive advantages. Jefferies and SMBC's strategic alliance aligns with this trend and positions them favorably to navigate the evolving dynamics of Canada's financial sector.<\/p>\n\n\n\n See Related:<\/em><\/strong> StarCard Sports Games Launches \u201cLegends\u201d Initiative for New World Football Alliance; Partners with Ashley Cole and Roberto Carlos<\/a><\/p>\n\n\n\n According to Reuters<\/em>, analysts foresee a favorable outlook for mergers and acquisitions in Canada in 2024, driven by factors such as easing wage inflation and potential interest rate cuts. This optimistic forecast sets the stage for Jefferies and SMBC to leverage their combined resources to facilitate deals within the Canadian market.<\/p>\n\n\n\n Jefferies' recent establishment of an investment banking unit in Canada highlights its commitment to the region's growth potential. Additionally, the integration of their US equity and M&A business reinforces the collaboration with SMBC, demonstrating a strategic alignment aimed at maximizing market penetration and enhancing client offerings.<\/p>\n\n\n\n This expansion of the alliance between Jefferies and Sumitomo is not confined to Canada alone. With their alliance already extending across Europe, the Middle East, and Africa markets, the two companies are actively pursuing a global strategy, leveraging their combined strengths to capitalize on opportunities across diverse geographies.<\/p>\n","post_title":"Jefferies Financial and Sumitomo Mitsui Banking Corp Extend Partnership to Canada","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"jefferies-financial-and-sumitomo-mitsui-banking-corp-extend-partnership-to-canada","to_ping":"","pinged":"","post_modified":"2024-04-08 04:03:45","post_modified_gmt":"2024-04-07 18:03:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16248","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Jefferies Financial is making significant strides in expanding its presence in Canada, bolstering its presence through a partnership with Japan's Sumitomo Mitsui Banking Corp (SMBC).<\/p>\n\n\n\n Since their collaboration commenced in 2021, the two entities have delved into cross-border mergers and acquisitions, healthcare, and leveraged finance, Reuters<\/em> reported<\/a>. Now, with a focus on Canada's dealmaking market, Jefferies and SMBC are preparing to capitalize on the opportunities presented.<\/p>\n\n\n\n The decision to deepen their partnership comes at a time when US investment banks are increasingly turning their attention to the Canadian landscape, recognizing its competitive advantages. Jefferies and SMBC's strategic alliance aligns with this trend and positions them favorably to navigate the evolving dynamics of Canada's financial sector.<\/p>\n\n\n\n See Related:<\/em><\/strong> StarCard Sports Games Launches \u201cLegends\u201d Initiative for New World Football Alliance; Partners with Ashley Cole and Roberto Carlos<\/a><\/p>\n\n\n\n According to Reuters<\/em>, analysts foresee a favorable outlook for mergers and acquisitions in Canada in 2024, driven by factors such as easing wage inflation and potential interest rate cuts. This optimistic forecast sets the stage for Jefferies and SMBC to leverage their combined resources to facilitate deals within the Canadian market.<\/p>\n\n\n\n Jefferies' recent establishment of an investment banking unit in Canada highlights its commitment to the region's growth potential. Additionally, the integration of their US equity and M&A business reinforces the collaboration with SMBC, demonstrating a strategic alignment aimed at maximizing market penetration and enhancing client offerings.<\/p>\n\n\n\n This expansion of the alliance between Jefferies and Sumitomo is not confined to Canada alone. With their alliance already extending across Europe, the Middle East, and Africa markets, the two companies are actively pursuing a global strategy, leveraging their combined strengths to capitalize on opportunities across diverse geographies.<\/p>\n","post_title":"Jefferies Financial and Sumitomo Mitsui Banking Corp Extend Partnership to Canada","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"jefferies-financial-and-sumitomo-mitsui-banking-corp-extend-partnership-to-canada","to_ping":"","pinged":"","post_modified":"2024-04-08 04:03:45","post_modified_gmt":"2024-04-07 18:03:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16248","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Goldman has made inroads following the approvals of spot Bitcoin ETFs<\/a> earlier this year. The bank was, alongside other asset managers Capula Management and Avenir Tech, the biggest buyers of BTC ETFs in the second quarter of 2024.\u00a0<\/p>\n","post_title":"Goldman Sachs Reportedly Wants To Spin Its Crypto Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"goldman-sachs-reportedly-wants-to-spin-its-crypto-platform","to_ping":"","pinged":"","post_modified":"2024-11-24 22:09:58","post_modified_gmt":"2024-11-24 11:09:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19695","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16248,"post_author":"1","post_date":"2024-04-08 04:03:39","post_date_gmt":"2024-04-07 18:03:39","post_content":"\n Jefferies Financial is making significant strides in expanding its presence in Canada, bolstering its presence through a partnership with Japan's Sumitomo Mitsui Banking Corp (SMBC).<\/p>\n\n\n\n Since their collaboration commenced in 2021, the two entities have delved into cross-border mergers and acquisitions, healthcare, and leveraged finance, Reuters<\/em> reported<\/a>. Now, with a focus on Canada's dealmaking market, Jefferies and SMBC are preparing to capitalize on the opportunities presented.<\/p>\n\n\n\n The decision to deepen their partnership comes at a time when US investment banks are increasingly turning their attention to the Canadian landscape, recognizing its competitive advantages. Jefferies and SMBC's strategic alliance aligns with this trend and positions them favorably to navigate the evolving dynamics of Canada's financial sector.<\/p>\n\n\n\n See Related:<\/em><\/strong> StarCard Sports Games Launches \u201cLegends\u201d Initiative for New World Football Alliance; Partners with Ashley Cole and Roberto Carlos<\/a><\/p>\n\n\n\n According to Reuters<\/em>, analysts foresee a favorable outlook for mergers and acquisitions in Canada in 2024, driven by factors such as easing wage inflation and potential interest rate cuts. This optimistic forecast sets the stage for Jefferies and SMBC to leverage their combined resources to facilitate deals within the Canadian market.<\/p>\n\n\n\n Jefferies' recent establishment of an investment banking unit in Canada highlights its commitment to the region's growth potential. Additionally, the integration of their US equity and M&A business reinforces the collaboration with SMBC, demonstrating a strategic alignment aimed at maximizing market penetration and enhancing client offerings.<\/p>\n\n\n\n This expansion of the alliance between Jefferies and Sumitomo is not confined to Canada alone. With their alliance already extending across Europe, the Middle East, and Africa markets, the two companies are actively pursuing a global strategy, leveraging their combined strengths to capitalize on opportunities across diverse geographies.<\/p>\n","post_title":"Jefferies Financial and Sumitomo Mitsui Banking Corp Extend Partnership to Canada","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"jefferies-financial-and-sumitomo-mitsui-banking-corp-extend-partnership-to-canada","to_ping":"","pinged":"","post_modified":"2024-04-08 04:03:45","post_modified_gmt":"2024-04-07 18:03:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16248","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
In light of the growing demand and popularity of digital assets, Goldman has been a leading Wall Street Bank with eyes on the sector. In July, the bank mentioned its plans to launch three new tokenization products in the US and Europe. The bank also seeks to create marketplaces for tokenized real-world assets.\u00a0<\/p>\n\n\n\n Goldman has made inroads following the approvals of spot Bitcoin ETFs<\/a> earlier this year. The bank was, alongside other asset managers Capula Management and Avenir Tech, the biggest buyers of BTC ETFs in the second quarter of 2024.\u00a0<\/p>\n","post_title":"Goldman Sachs Reportedly Wants To Spin Its Crypto Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"goldman-sachs-reportedly-wants-to-spin-its-crypto-platform","to_ping":"","pinged":"","post_modified":"2024-11-24 22:09:58","post_modified_gmt":"2024-11-24 11:09:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19695","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16248,"post_author":"1","post_date":"2024-04-08 04:03:39","post_date_gmt":"2024-04-07 18:03:39","post_content":"\n Jefferies Financial is making significant strides in expanding its presence in Canada, bolstering its presence through a partnership with Japan's Sumitomo Mitsui Banking Corp (SMBC).<\/p>\n\n\n\n Since their collaboration commenced in 2021, the two entities have delved into cross-border mergers and acquisitions, healthcare, and leveraged finance, Reuters<\/em> reported<\/a>. Now, with a focus on Canada's dealmaking market, Jefferies and SMBC are preparing to capitalize on the opportunities presented.<\/p>\n\n\n\n The decision to deepen their partnership comes at a time when US investment banks are increasingly turning their attention to the Canadian landscape, recognizing its competitive advantages. Jefferies and SMBC's strategic alliance aligns with this trend and positions them favorably to navigate the evolving dynamics of Canada's financial sector.<\/p>\n\n\n\n See Related:<\/em><\/strong> StarCard Sports Games Launches \u201cLegends\u201d Initiative for New World Football Alliance; Partners with Ashley Cole and Roberto Carlos<\/a><\/p>\n\n\n\n According to Reuters<\/em>, analysts foresee a favorable outlook for mergers and acquisitions in Canada in 2024, driven by factors such as easing wage inflation and potential interest rate cuts. This optimistic forecast sets the stage for Jefferies and SMBC to leverage their combined resources to facilitate deals within the Canadian market.<\/p>\n\n\n\n Jefferies' recent establishment of an investment banking unit in Canada highlights its commitment to the region's growth potential. Additionally, the integration of their US equity and M&A business reinforces the collaboration with SMBC, demonstrating a strategic alignment aimed at maximizing market penetration and enhancing client offerings.<\/p>\n\n\n\n This expansion of the alliance between Jefferies and Sumitomo is not confined to Canada alone. With their alliance already extending across Europe, the Middle East, and Africa markets, the two companies are actively pursuing a global strategy, leveraging their combined strengths to capitalize on opportunities across diverse geographies.<\/p>\n","post_title":"Jefferies Financial and Sumitomo Mitsui Banking Corp Extend Partnership to Canada","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"jefferies-financial-and-sumitomo-mitsui-banking-corp-extend-partnership-to-canada","to_ping":"","pinged":"","post_modified":"2024-04-08 04:03:45","post_modified_gmt":"2024-04-07 18:03:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16248","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
In light of the growing demand and popularity of digital assets, Goldman has been a leading Wall Street Bank with eyes on the sector. In July, the bank mentioned its plans to launch three new tokenization products in the US and Europe. The bank also seeks to create marketplaces for tokenized real-world assets.\u00a0<\/p>\n\n\n\n Goldman has made inroads following the approvals of spot Bitcoin ETFs<\/a> earlier this year. The bank was, alongside other asset managers Capula Management and Avenir Tech, the biggest buyers of BTC ETFs in the second quarter of 2024.\u00a0<\/p>\n","post_title":"Goldman Sachs Reportedly Wants To Spin Its Crypto Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"goldman-sachs-reportedly-wants-to-spin-its-crypto-platform","to_ping":"","pinged":"","post_modified":"2024-11-24 22:09:58","post_modified_gmt":"2024-11-24 11:09:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19695","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16248,"post_author":"1","post_date":"2024-04-08 04:03:39","post_date_gmt":"2024-04-07 18:03:39","post_content":"\n Jefferies Financial is making significant strides in expanding its presence in Canada, bolstering its presence through a partnership with Japan's Sumitomo Mitsui Banking Corp (SMBC).<\/p>\n\n\n\n Since their collaboration commenced in 2021, the two entities have delved into cross-border mergers and acquisitions, healthcare, and leveraged finance, Reuters<\/em> reported<\/a>. Now, with a focus on Canada's dealmaking market, Jefferies and SMBC are preparing to capitalize on the opportunities presented.<\/p>\n\n\n\n The decision to deepen their partnership comes at a time when US investment banks are increasingly turning their attention to the Canadian landscape, recognizing its competitive advantages. Jefferies and SMBC's strategic alliance aligns with this trend and positions them favorably to navigate the evolving dynamics of Canada's financial sector.<\/p>\n\n\n\n See Related:<\/em><\/strong> StarCard Sports Games Launches \u201cLegends\u201d Initiative for New World Football Alliance; Partners with Ashley Cole and Roberto Carlos<\/a><\/p>\n\n\n\n According to Reuters<\/em>, analysts foresee a favorable outlook for mergers and acquisitions in Canada in 2024, driven by factors such as easing wage inflation and potential interest rate cuts. This optimistic forecast sets the stage for Jefferies and SMBC to leverage their combined resources to facilitate deals within the Canadian market.<\/p>\n\n\n\n Jefferies' recent establishment of an investment banking unit in Canada highlights its commitment to the region's growth potential. Additionally, the integration of their US equity and M&A business reinforces the collaboration with SMBC, demonstrating a strategic alignment aimed at maximizing market penetration and enhancing client offerings.<\/p>\n\n\n\n This expansion of the alliance between Jefferies and Sumitomo is not confined to Canada alone. With their alliance already extending across Europe, the Middle East, and Africa markets, the two companies are actively pursuing a global strategy, leveraging their combined strengths to capitalize on opportunities across diverse geographies.<\/p>\n","post_title":"Jefferies Financial and Sumitomo Mitsui Banking Corp Extend Partnership to Canada","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"jefferies-financial-and-sumitomo-mitsui-banking-corp-extend-partnership-to-canada","to_ping":"","pinged":"","post_modified":"2024-04-08 04:03:45","post_modified_gmt":"2024-04-07 18:03:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16248","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related: <\/em><\/strong>HSBC Survives Bid By Top Shareholder To Spin Off Lucrative Asian Operations<\/a><\/p>\n\n\n\n In light of the growing demand and popularity of digital assets, Goldman has been a leading Wall Street Bank with eyes on the sector. In July, the bank mentioned its plans to launch three new tokenization products in the US and Europe. The bank also seeks to create marketplaces for tokenized real-world assets.\u00a0<\/p>\n\n\n\n Goldman has made inroads following the approvals of spot Bitcoin ETFs<\/a> earlier this year. The bank was, alongside other asset managers Capula Management and Avenir Tech, the biggest buyers of BTC ETFs in the second quarter of 2024.\u00a0<\/p>\n","post_title":"Goldman Sachs Reportedly Wants To Spin Its Crypto Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"goldman-sachs-reportedly-wants-to-spin-its-crypto-platform","to_ping":"","pinged":"","post_modified":"2024-11-24 22:09:58","post_modified_gmt":"2024-11-24 11:09:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19695","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16248,"post_author":"1","post_date":"2024-04-08 04:03:39","post_date_gmt":"2024-04-07 18:03:39","post_content":"\n Jefferies Financial is making significant strides in expanding its presence in Canada, bolstering its presence through a partnership with Japan's Sumitomo Mitsui Banking Corp (SMBC).<\/p>\n\n\n\n Since their collaboration commenced in 2021, the two entities have delved into cross-border mergers and acquisitions, healthcare, and leveraged finance, Reuters<\/em> reported<\/a>. Now, with a focus on Canada's dealmaking market, Jefferies and SMBC are preparing to capitalize on the opportunities presented.<\/p>\n\n\n\n The decision to deepen their partnership comes at a time when US investment banks are increasingly turning their attention to the Canadian landscape, recognizing its competitive advantages. Jefferies and SMBC's strategic alliance aligns with this trend and positions them favorably to navigate the evolving dynamics of Canada's financial sector.<\/p>\n\n\n\n See Related:<\/em><\/strong> StarCard Sports Games Launches \u201cLegends\u201d Initiative for New World Football Alliance; Partners with Ashley Cole and Roberto Carlos<\/a><\/p>\n\n\n\n According to Reuters<\/em>, analysts foresee a favorable outlook for mergers and acquisitions in Canada in 2024, driven by factors such as easing wage inflation and potential interest rate cuts. This optimistic forecast sets the stage for Jefferies and SMBC to leverage their combined resources to facilitate deals within the Canadian market.<\/p>\n\n\n\n Jefferies' recent establishment of an investment banking unit in Canada highlights its commitment to the region's growth potential. Additionally, the integration of their US equity and M&A business reinforces the collaboration with SMBC, demonstrating a strategic alignment aimed at maximizing market penetration and enhancing client offerings.<\/p>\n\n\n\n This expansion of the alliance between Jefferies and Sumitomo is not confined to Canada alone. With their alliance already extending across Europe, the Middle East, and Africa markets, the two companies are actively pursuing a global strategy, leveraging their combined strengths to capitalize on opportunities across diverse geographies.<\/p>\n","post_title":"Jefferies Financial and Sumitomo Mitsui Banking Corp Extend Partnership to Canada","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"jefferies-financial-and-sumitomo-mitsui-banking-corp-extend-partnership-to-canada","to_ping":"","pinged":"","post_modified":"2024-04-08 04:03:45","post_modified_gmt":"2024-04-07 18:03:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16248","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Plans for the spinout are still in the early stages, but McDermott says the bank expects to complete the process in the next 12 to 18 months, subject to regulatory approvals.<\/p>\n\n\n\n See Related: <\/em><\/strong>HSBC Survives Bid By Top Shareholder To Spin Off Lucrative Asian Operations<\/a><\/p>\n\n\n\n In light of the growing demand and popularity of digital assets, Goldman has been a leading Wall Street Bank with eyes on the sector. In July, the bank mentioned its plans to launch three new tokenization products in the US and Europe. The bank also seeks to create marketplaces for tokenized real-world assets.\u00a0<\/p>\n\n\n\n Goldman has made inroads following the approvals of spot Bitcoin ETFs<\/a> earlier this year. The bank was, alongside other asset managers Capula Management and Avenir Tech, the biggest buyers of BTC ETFs in the second quarter of 2024.\u00a0<\/p>\n","post_title":"Goldman Sachs Reportedly Wants To Spin Its Crypto Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"goldman-sachs-reportedly-wants-to-spin-its-crypto-platform","to_ping":"","pinged":"","post_modified":"2024-11-24 22:09:58","post_modified_gmt":"2024-11-24 11:09:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19695","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16248,"post_author":"1","post_date":"2024-04-08 04:03:39","post_date_gmt":"2024-04-07 18:03:39","post_content":"\n Jefferies Financial is making significant strides in expanding its presence in Canada, bolstering its presence through a partnership with Japan's Sumitomo Mitsui Banking Corp (SMBC).<\/p>\n\n\n\n Since their collaboration commenced in 2021, the two entities have delved into cross-border mergers and acquisitions, healthcare, and leveraged finance, Reuters<\/em> reported<\/a>. Now, with a focus on Canada's dealmaking market, Jefferies and SMBC are preparing to capitalize on the opportunities presented.<\/p>\n\n\n\n The decision to deepen their partnership comes at a time when US investment banks are increasingly turning their attention to the Canadian landscape, recognizing its competitive advantages. Jefferies and SMBC's strategic alliance aligns with this trend and positions them favorably to navigate the evolving dynamics of Canada's financial sector.<\/p>\n\n\n\n See Related:<\/em><\/strong> StarCard Sports Games Launches \u201cLegends\u201d Initiative for New World Football Alliance; Partners with Ashley Cole and Roberto Carlos<\/a><\/p>\n\n\n\n According to Reuters<\/em>, analysts foresee a favorable outlook for mergers and acquisitions in Canada in 2024, driven by factors such as easing wage inflation and potential interest rate cuts. This optimistic forecast sets the stage for Jefferies and SMBC to leverage their combined resources to facilitate deals within the Canadian market.<\/p>\n\n\n\n Jefferies' recent establishment of an investment banking unit in Canada highlights its commitment to the region's growth potential. Additionally, the integration of their US equity and M&A business reinforces the collaboration with SMBC, demonstrating a strategic alignment aimed at maximizing market penetration and enhancing client offerings.<\/p>\n\n\n\n This expansion of the alliance between Jefferies and Sumitomo is not confined to Canada alone. With their alliance already extending across Europe, the Middle East, and Africa markets, the two companies are actively pursuing a global strategy, leveraging their combined strengths to capitalize on opportunities across diverse geographies.<\/p>\n","post_title":"Jefferies Financial and Sumitomo Mitsui Banking Corp Extend Partnership to Canada","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"jefferies-financial-and-sumitomo-mitsui-banking-corp-extend-partnership-to-canada","to_ping":"","pinged":"","post_modified":"2024-04-08 04:03:45","post_modified_gmt":"2024-04-07 18:03:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16248","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\u201cThe bank is in talks with a number of market participants on the plans as it continues to build out the platform\u2019s capabilities and develop new commercial use cases.\u201d<\/em><\/p>\n\n\n\n Plans for the spinout are still in the early stages, but McDermott says the bank expects to complete the process in the next 12 to 18 months, subject to regulatory approvals.<\/p>\n\n\n\n See Related: <\/em><\/strong>HSBC Survives Bid By Top Shareholder To Spin Off Lucrative Asian Operations<\/a><\/p>\n\n\n\n In light of the growing demand and popularity of digital assets, Goldman has been a leading Wall Street Bank with eyes on the sector. In July, the bank mentioned its plans to launch three new tokenization products in the US and Europe. The bank also seeks to create marketplaces for tokenized real-world assets.\u00a0<\/p>\n\n\n\n Goldman has made inroads following the approvals of spot Bitcoin ETFs<\/a> earlier this year. The bank was, alongside other asset managers Capula Management and Avenir Tech, the biggest buyers of BTC ETFs in the second quarter of 2024.\u00a0<\/p>\n","post_title":"Goldman Sachs Reportedly Wants To Spin Its Crypto Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"goldman-sachs-reportedly-wants-to-spin-its-crypto-platform","to_ping":"","pinged":"","post_modified":"2024-11-24 22:09:58","post_modified_gmt":"2024-11-24 11:09:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19695","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16248,"post_author":"1","post_date":"2024-04-08 04:03:39","post_date_gmt":"2024-04-07 18:03:39","post_content":"\n Jefferies Financial is making significant strides in expanding its presence in Canada, bolstering its presence through a partnership with Japan's Sumitomo Mitsui Banking Corp (SMBC).<\/p>\n\n\n\n Since their collaboration commenced in 2021, the two entities have delved into cross-border mergers and acquisitions, healthcare, and leveraged finance, Reuters<\/em> reported<\/a>. Now, with a focus on Canada's dealmaking market, Jefferies and SMBC are preparing to capitalize on the opportunities presented.<\/p>\n\n\n\n The decision to deepen their partnership comes at a time when US investment banks are increasingly turning their attention to the Canadian landscape, recognizing its competitive advantages. Jefferies and SMBC's strategic alliance aligns with this trend and positions them favorably to navigate the evolving dynamics of Canada's financial sector.<\/p>\n\n\n\n See Related:<\/em><\/strong> StarCard Sports Games Launches \u201cLegends\u201d Initiative for New World Football Alliance; Partners with Ashley Cole and Roberto Carlos<\/a><\/p>\n\n\n\n According to Reuters<\/em>, analysts foresee a favorable outlook for mergers and acquisitions in Canada in 2024, driven by factors such as easing wage inflation and potential interest rate cuts. This optimistic forecast sets the stage for Jefferies and SMBC to leverage their combined resources to facilitate deals within the Canadian market.<\/p>\n\n\n\n Jefferies' recent establishment of an investment banking unit in Canada highlights its commitment to the region's growth potential. Additionally, the integration of their US equity and M&A business reinforces the collaboration with SMBC, demonstrating a strategic alignment aimed at maximizing market penetration and enhancing client offerings.<\/p>\n\n\n\n This expansion of the alliance between Jefferies and Sumitomo is not confined to Canada alone. With their alliance already extending across Europe, the Middle East, and Africa markets, the two companies are actively pursuing a global strategy, leveraging their combined strengths to capitalize on opportunities across diverse geographies.<\/p>\n","post_title":"Jefferies Financial and Sumitomo Mitsui Banking Corp Extend Partnership to Canada","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"jefferies-financial-and-sumitomo-mitsui-banking-corp-extend-partnership-to-canada","to_ping":"","pinged":"","post_modified":"2024-04-08 04:03:45","post_modified_gmt":"2024-04-07 18:03:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16248","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Goldman says the digital assets platform, known as GS DAP, will partner with Tradeweb Markets, an electronics trading entity, and others to expand its platform uses. The bank\u2019s global head of digital assets, Mathew McDermott, said<\/a> in an interview:<\/p>\n\n\n\n \u201cThe bank is in talks with a number of market participants on the plans as it continues to build out the platform\u2019s capabilities and develop new commercial use cases.\u201d<\/em><\/p>\n\n\n\n Plans for the spinout are still in the early stages, but McDermott says the bank expects to complete the process in the next 12 to 18 months, subject to regulatory approvals.<\/p>\n\n\n\n See Related: <\/em><\/strong>HSBC Survives Bid By Top Shareholder To Spin Off Lucrative Asian Operations<\/a><\/p>\n\n\n\n In light of the growing demand and popularity of digital assets, Goldman has been a leading Wall Street Bank with eyes on the sector. In July, the bank mentioned its plans to launch three new tokenization products in the US and Europe. The bank also seeks to create marketplaces for tokenized real-world assets.\u00a0<\/p>\n\n\n\n Goldman has made inroads following the approvals of spot Bitcoin ETFs<\/a> earlier this year. The bank was, alongside other asset managers Capula Management and Avenir Tech, the biggest buyers of BTC ETFs in the second quarter of 2024.\u00a0<\/p>\n","post_title":"Goldman Sachs Reportedly Wants To Spin Its Crypto Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"goldman-sachs-reportedly-wants-to-spin-its-crypto-platform","to_ping":"","pinged":"","post_modified":"2024-11-24 22:09:58","post_modified_gmt":"2024-11-24 11:09:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19695","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16248,"post_author":"1","post_date":"2024-04-08 04:03:39","post_date_gmt":"2024-04-07 18:03:39","post_content":"\n Jefferies Financial is making significant strides in expanding its presence in Canada, bolstering its presence through a partnership with Japan's Sumitomo Mitsui Banking Corp (SMBC).<\/p>\n\n\n\n Since their collaboration commenced in 2021, the two entities have delved into cross-border mergers and acquisitions, healthcare, and leveraged finance, Reuters<\/em> reported<\/a>. Now, with a focus on Canada's dealmaking market, Jefferies and SMBC are preparing to capitalize on the opportunities presented.<\/p>\n\n\n\n The decision to deepen their partnership comes at a time when US investment banks are increasingly turning their attention to the Canadian landscape, recognizing its competitive advantages. Jefferies and SMBC's strategic alliance aligns with this trend and positions them favorably to navigate the evolving dynamics of Canada's financial sector.<\/p>\n\n\n\n See Related:<\/em><\/strong> StarCard Sports Games Launches \u201cLegends\u201d Initiative for New World Football Alliance; Partners with Ashley Cole and Roberto Carlos<\/a><\/p>\n\n\n\n According to Reuters<\/em>, analysts foresee a favorable outlook for mergers and acquisitions in Canada in 2024, driven by factors such as easing wage inflation and potential interest rate cuts. This optimistic forecast sets the stage for Jefferies and SMBC to leverage their combined resources to facilitate deals within the Canadian market.<\/p>\n\n\n\n Jefferies' recent establishment of an investment banking unit in Canada highlights its commitment to the region's growth potential. Additionally, the integration of their US equity and M&A business reinforces the collaboration with SMBC, demonstrating a strategic alignment aimed at maximizing market penetration and enhancing client offerings.<\/p>\n\n\n\n This expansion of the alliance between Jefferies and Sumitomo is not confined to Canada alone. With their alliance already extending across Europe, the Middle East, and Africa markets, the two companies are actively pursuing a global strategy, leveraging their combined strengths to capitalize on opportunities across diverse geographies.<\/p>\n","post_title":"Jefferies Financial and Sumitomo Mitsui Banking Corp Extend Partnership to Canada","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"jefferies-financial-and-sumitomo-mitsui-banking-corp-extend-partnership-to-canada","to_ping":"","pinged":"","post_modified":"2024-04-08 04:03:45","post_modified_gmt":"2024-04-07 18:03:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16248","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Investment bank Goldman Sachs is set to spin its cryptocurrency platform in favour of a separate industry-owned company. The new company to be created will focus on creating, trading, and settling financial instruments on blockchain.<\/p>\n\n\n\n Goldman says the digital assets platform, known as GS DAP, will partner with Tradeweb Markets, an electronics trading entity, and others to expand its platform uses. The bank\u2019s global head of digital assets, Mathew McDermott, said<\/a> in an interview:<\/p>\n\n\n\n \u201cThe bank is in talks with a number of market participants on the plans as it continues to build out the platform\u2019s capabilities and develop new commercial use cases.\u201d<\/em><\/p>\n\n\n\n Plans for the spinout are still in the early stages, but McDermott says the bank expects to complete the process in the next 12 to 18 months, subject to regulatory approvals.<\/p>\n\n\n\n See Related: <\/em><\/strong>HSBC Survives Bid By Top Shareholder To Spin Off Lucrative Asian Operations<\/a><\/p>\n\n\n\n In light of the growing demand and popularity of digital assets, Goldman has been a leading Wall Street Bank with eyes on the sector. In July, the bank mentioned its plans to launch three new tokenization products in the US and Europe. The bank also seeks to create marketplaces for tokenized real-world assets.\u00a0<\/p>\n\n\n\n Goldman has made inroads following the approvals of spot Bitcoin ETFs<\/a> earlier this year. The bank was, alongside other asset managers Capula Management and Avenir Tech, the biggest buyers of BTC ETFs in the second quarter of 2024.\u00a0<\/p>\n","post_title":"Goldman Sachs Reportedly Wants To Spin Its Crypto Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"goldman-sachs-reportedly-wants-to-spin-its-crypto-platform","to_ping":"","pinged":"","post_modified":"2024-11-24 22:09:58","post_modified_gmt":"2024-11-24 11:09:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19695","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16248,"post_author":"1","post_date":"2024-04-08 04:03:39","post_date_gmt":"2024-04-07 18:03:39","post_content":"\n Jefferies Financial is making significant strides in expanding its presence in Canada, bolstering its presence through a partnership with Japan's Sumitomo Mitsui Banking Corp (SMBC).<\/p>\n\n\n\n Since their collaboration commenced in 2021, the two entities have delved into cross-border mergers and acquisitions, healthcare, and leveraged finance, Reuters<\/em> reported<\/a>. Now, with a focus on Canada's dealmaking market, Jefferies and SMBC are preparing to capitalize on the opportunities presented.<\/p>\n\n\n\n The decision to deepen their partnership comes at a time when US investment banks are increasingly turning their attention to the Canadian landscape, recognizing its competitive advantages. Jefferies and SMBC's strategic alliance aligns with this trend and positions them favorably to navigate the evolving dynamics of Canada's financial sector.<\/p>\n\n\n\n See Related:<\/em><\/strong> StarCard Sports Games Launches \u201cLegends\u201d Initiative for New World Football Alliance; Partners with Ashley Cole and Roberto Carlos<\/a><\/p>\n\n\n\n According to Reuters<\/em>, analysts foresee a favorable outlook for mergers and acquisitions in Canada in 2024, driven by factors such as easing wage inflation and potential interest rate cuts. This optimistic forecast sets the stage for Jefferies and SMBC to leverage their combined resources to facilitate deals within the Canadian market.<\/p>\n\n\n\n Jefferies' recent establishment of an investment banking unit in Canada highlights its commitment to the region's growth potential. Additionally, the integration of their US equity and M&A business reinforces the collaboration with SMBC, demonstrating a strategic alignment aimed at maximizing market penetration and enhancing client offerings.<\/p>\n\n\n\n This expansion of the alliance between Jefferies and Sumitomo is not confined to Canada alone. With their alliance already extending across Europe, the Middle East, and Africa markets, the two companies are actively pursuing a global strategy, leveraging their combined strengths to capitalize on opportunities across diverse geographies.<\/p>\n","post_title":"Jefferies Financial and Sumitomo Mitsui Banking Corp Extend Partnership to Canada","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"jefferies-financial-and-sumitomo-mitsui-banking-corp-extend-partnership-to-canada","to_ping":"","pinged":"","post_modified":"2024-04-08 04:03:45","post_modified_gmt":"2024-04-07 18:03:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16248","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Investment bank Goldman Sachs is set to spin its cryptocurrency platform in favour of a separate industry-owned company. The new company to be created will focus on creating, trading, and settling financial instruments on blockchain.<\/p>\n\n\n\n Goldman says the digital assets platform, known as GS DAP, will partner with Tradeweb Markets, an electronics trading entity, and others to expand its platform uses. The bank\u2019s global head of digital assets, Mathew McDermott, said<\/a> in an interview:<\/p>\n\n\n\n \u201cThe bank is in talks with a number of market participants on the plans as it continues to build out the platform\u2019s capabilities and develop new commercial use cases.\u201d<\/em><\/p>\n\n\n\n Plans for the spinout are still in the early stages, but McDermott says the bank expects to complete the process in the next 12 to 18 months, subject to regulatory approvals.<\/p>\n\n\n\n See Related: <\/em><\/strong>HSBC Survives Bid By Top Shareholder To Spin Off Lucrative Asian Operations<\/a><\/p>\n\n\n\n In light of the growing demand and popularity of digital assets, Goldman has been a leading Wall Street Bank with eyes on the sector. In July, the bank mentioned its plans to launch three new tokenization products in the US and Europe. The bank also seeks to create marketplaces for tokenized real-world assets.\u00a0<\/p>\n\n\n\n Goldman has made inroads following the approvals of spot Bitcoin ETFs<\/a> earlier this year. The bank was, alongside other asset managers Capula Management and Avenir Tech, the biggest buyers of BTC ETFs in the second quarter of 2024.\u00a0<\/p>\n","post_title":"Goldman Sachs Reportedly Wants To Spin Its Crypto Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"goldman-sachs-reportedly-wants-to-spin-its-crypto-platform","to_ping":"","pinged":"","post_modified":"2024-11-24 22:09:58","post_modified_gmt":"2024-11-24 11:09:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19695","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16248,"post_author":"1","post_date":"2024-04-08 04:03:39","post_date_gmt":"2024-04-07 18:03:39","post_content":"\n Jefferies Financial is making significant strides in expanding its presence in Canada, bolstering its presence through a partnership with Japan's Sumitomo Mitsui Banking Corp (SMBC).<\/p>\n\n\n\n Since their collaboration commenced in 2021, the two entities have delved into cross-border mergers and acquisitions, healthcare, and leveraged finance, Reuters<\/em> reported<\/a>. Now, with a focus on Canada's dealmaking market, Jefferies and SMBC are preparing to capitalize on the opportunities presented.<\/p>\n\n\n\n The decision to deepen their partnership comes at a time when US investment banks are increasingly turning their attention to the Canadian landscape, recognizing its competitive advantages. Jefferies and SMBC's strategic alliance aligns with this trend and positions them favorably to navigate the evolving dynamics of Canada's financial sector.<\/p>\n\n\n\n See Related:<\/em><\/strong> StarCard Sports Games Launches \u201cLegends\u201d Initiative for New World Football Alliance; Partners with Ashley Cole and Roberto Carlos<\/a><\/p>\n\n\n\n According to Reuters<\/em>, analysts foresee a favorable outlook for mergers and acquisitions in Canada in 2024, driven by factors such as easing wage inflation and potential interest rate cuts. This optimistic forecast sets the stage for Jefferies and SMBC to leverage their combined resources to facilitate deals within the Canadian market.<\/p>\n\n\n\n Jefferies' recent establishment of an investment banking unit in Canada highlights its commitment to the region's growth potential. Additionally, the integration of their US equity and M&A business reinforces the collaboration with SMBC, demonstrating a strategic alignment aimed at maximizing market penetration and enhancing client offerings.<\/p>\n\n\n\n This expansion of the alliance between Jefferies and Sumitomo is not confined to Canada alone. With their alliance already extending across Europe, the Middle East, and Africa markets, the two companies are actively pursuing a global strategy, leveraging their combined strengths to capitalize on opportunities across diverse geographies.<\/p>\n","post_title":"Jefferies Financial and Sumitomo Mitsui Banking Corp Extend Partnership to Canada","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"jefferies-financial-and-sumitomo-mitsui-banking-corp-extend-partnership-to-canada","to_ping":"","pinged":"","post_modified":"2024-04-08 04:03:45","post_modified_gmt":"2024-04-07 18:03:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16248","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Investment bank Goldman Sachs is set to spin its cryptocurrency platform in favour of a separate industry-owned company. The new company to be created will focus on creating, trading, and settling financial instruments on blockchain.<\/p>\n\n\n\n Goldman says the digital assets platform, known as GS DAP, will partner with Tradeweb Markets, an electronics trading entity, and others to expand its platform uses. The bank\u2019s global head of digital assets, Mathew McDermott, said<\/a> in an interview:<\/p>\n\n\n\n \u201cThe bank is in talks with a number of market participants on the plans as it continues to build out the platform\u2019s capabilities and develop new commercial use cases.\u201d<\/em><\/p>\n\n\n\n Plans for the spinout are still in the early stages, but McDermott says the bank expects to complete the process in the next 12 to 18 months, subject to regulatory approvals.<\/p>\n\n\n\n See Related: <\/em><\/strong>HSBC Survives Bid By Top Shareholder To Spin Off Lucrative Asian Operations<\/a><\/p>\n\n\n\n In light of the growing demand and popularity of digital assets, Goldman has been a leading Wall Street Bank with eyes on the sector. In July, the bank mentioned its plans to launch three new tokenization products in the US and Europe. The bank also seeks to create marketplaces for tokenized real-world assets.\u00a0<\/p>\n\n\n\n Goldman has made inroads following the approvals of spot Bitcoin ETFs<\/a> earlier this year. The bank was, alongside other asset managers Capula Management and Avenir Tech, the biggest buyers of BTC ETFs in the second quarter of 2024.\u00a0<\/p>\n","post_title":"Goldman Sachs Reportedly Wants To Spin Its Crypto Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"goldman-sachs-reportedly-wants-to-spin-its-crypto-platform","to_ping":"","pinged":"","post_modified":"2024-11-24 22:09:58","post_modified_gmt":"2024-11-24 11:09:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19695","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16248,"post_author":"1","post_date":"2024-04-08 04:03:39","post_date_gmt":"2024-04-07 18:03:39","post_content":"\n Jefferies Financial is making significant strides in expanding its presence in Canada, bolstering its presence through a partnership with Japan's Sumitomo Mitsui Banking Corp (SMBC).<\/p>\n\n\n\n Since their collaboration commenced in 2021, the two entities have delved into cross-border mergers and acquisitions, healthcare, and leveraged finance, Reuters<\/em> reported<\/a>. Now, with a focus on Canada's dealmaking market, Jefferies and SMBC are preparing to capitalize on the opportunities presented.<\/p>\n\n\n\n The decision to deepen their partnership comes at a time when US investment banks are increasingly turning their attention to the Canadian landscape, recognizing its competitive advantages. Jefferies and SMBC's strategic alliance aligns with this trend and positions them favorably to navigate the evolving dynamics of Canada's financial sector.<\/p>\n\n\n\nAnalyst's Forecast <\/h2>\n\n\n\n
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