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- Vista Equity Partners is out raising money as it looks to move past Robert Smith's tax-evasion scandal.
- American Airlines is leveraging its loyalty program to raise $10 billion in debt.
- Pimco responded to a recent lawsuit brought by current and former female employees alleging sexual harassment and discrimination.
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Private equity giant Vista is out fundraising as founder Robert Smith looks to move past his tax evasion agreement
Vista is talking to investors about committing capital as it looks to move past Robert Smith's tax-evasion scandal. The PE giant is fundraising for existing funds, including Vista Credit Partners III.
Click here for the full story.
American Airlines is closing in on a $10-billion lifeline from investors enamored by cash-rich loyalty programs - and it's a strategy that could be replicated by industries like retail and hospitality
After being hobbled by the pandemic, American Airlines joins Delta and United in raising billions of dollars backed by its loyalty program. The airline's new deal is one of the industry's largest.
Read more about the loyalty programs that investors are loving.
Pimco denies employees' sexual-harassment and discrimination claims in response to lawsuit
In a legal filing, Pimco denied allegations of discrimination and harassment brought forward by five current and former female employees. It marks the first public, detailed response Pimco has filed since the women came forward. Here's what else we know so far.
HSBC just tapped Google Cloud to roll out an internal chatbot that helps the bank's 200,000-plus employees with their regulatory questions
A Google Cloud-backed chatbot is the latest digital investment from HSBC, which spent $5.5 billion on tech in 2020. We spoke with HSBC's Steve Suarez and Google Cloud's Derek White, who led the project, as banks place more focus on regulatory tech. Here's what they told us.
Fintech Acorns just nabbed Harvest, a startup helping customers reduce debt, as consolidation among personal finance apps heats up
Personal finance app Acorns bought Harvest, a fintech helping users identify and reduce debt and fees. We spoke with Acorns' Noah Kerner and Harvest's Nami Baral about the deal. Get exclusive details from those interviews here.
How Citigroup's Early ID program is using mentors to fast-track diverse candidates to nab hyper-competitive internships
With recruitment for
Odd lots:
Homebuyers Are Heading to Florida During Covid, but Nearly as Many Are Moving Out (WSJ)
Walmart US CEO reveals the retailer's core fintech strength: its massive customer base (Insider)