Finance News

Dakota Wealth Adds $600M in 2nd Deal This Week

The acquisition of Minnesota-based Ledge Wealth brings Peter Raimondi’s 5-year-old firm to nearly $5 billion in assets.

logo.png  By NB  Jan 6, 2024

Allworth Financial: A Disciplined Process and Proprietary Scorecard

Andy Stout, CIO of $19 billion Allworth Financial, discusses the RIA’s proprietary scorecard to filter through thousands of funds, the firm’s strategy for weathering economic risks and how the firm uses direct indexing to bring alpha to clients.

logo.png  By NB  Jan 6, 2024

China E-Commerce Giant JD.com Wins $140.7 Million Compensation Anti-Monopoly Lawsuit Against Alibaba Group Filed 6 Years Ago, Alibaba Taobao & Tmall R

China E-Commerce Giant JD.com Wins $140.7 Million Compensation Anti-Monopoly Lawsuit Against Alibaba Group Filed 6 Years Ago, Alibaba Taobao & Tmall Required Online Vendors to Sell Only Using Alibaba Platforms 4th January 2024 | Hong Kong  China

logo.png  By NB  Jan 5, 2024

$42 Billion China Tech Giant Baidu Terminates $3.6 Billion Agreement to Buy Joyy Group Live-Streaming Business YY Live, Agreement Signed in 2020 But C

$42 Billion China Tech Giant Baidu Terminates $3.6 Billion Agreement to Buy Joyy Group Live-Streaming Business YY Live, Agreement Signed in 2020 But Conditions Not Met by 31st December 2023 4th January 2024 | Hong Kong  China tech giant Baidu (4/1/23

logo.png  By NB  Jan 5, 2024