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After years of struggling against cash outflows and another year of weak business figures, the Swiss fund company GAM is losing its independence. The British Liontrust Asset Management will take it over. Liontrust is offering 107 million francs in its shares for GAM, the two companies said Thursday. GAM's board of directors voted in favour of the transaction.

Less than a month after making a fortune selling Mint Mobile for $1.35 billion to wireless giant T-Mobile, Hollywood heavyweight Ryan Reynolds is announcing his next move as an entrepreneur: an investment in Nuvei, a Canadian fintech company.

Mike Rothenberg, the venture capitalist once dubbed Silicon Valley's "party animal," faces trial again after a jury failed to reach a verdict last year...

ArK Kapital is expanding into Germany. The Swedish fintech provides loans of up to ten million euros to startups. Mariam Koorang manages the German business, which currently has five employees in Berlin.

U.S. Treasury Secretary Janet Yellen will chair a closed-door meeting of the Financial Stability Oversight Council (FSOC) on Friday, media reports said, citing a statement from the department.

Investment banking has always been known for super-high pay for its executives. Even when they were often not successful. Bankers are greedy. Take the DWS executive Asoka Wöhrmann, for example. He received an €8.15 million farewell package for an allegedly voluntary departure in the shadow of greenwashing suspicions.

Previously, UBS had offered one billion dollars for Credit Suisse, according to media reports. There should be a solution even before the stock exchanges open on Monday.

The German Federal Financial Supervisory Authority (Bafin) is not very concerned about the bank failures in the U.S. for the German financial market.

Spiros Margaris acquired more than 127,000 followers on Twitter as a payment tech advisor and keynote speaker on insurtech, artificial intelligence, and fintech.