Adyen’s IPO starts strong as stock soars 70% valuing Dutch fintech company at $14 billion
Netherlands-based Adyen’s IPO got an enthusiastic reception from investors Wednesday as its stock surged 70 percent on the first day of trading. The company had priced its stock at €240 ($281) per share on Tuesday, giving the company a valuation of $8.4 billion. When trading began on Amsterdam Euronext today, the price rose to €400 ($470) […]
A federal judge on Thursday dismissed a lawsuit accusing Credit Suisse Group AG of withholding up to US$300 million of compensation from U.S.-based brokers when it closed their private banking unit in 2015.
NEW YORK: Well-regarded surgeon and author Atul Gawande, a critic of his industry's medical practices, will lead the new company being formed by Amazon.com Inc, Berkshire Hathaway Inc and JPMorgan Chase & Co that aims to cut U.S. employee healthcare costs, the companies said on Wednesday.