Versana today announced the closing of a $26 million capital raise with the addition of Barclays as an investor in its centralized, real-time digital data platform. Existing investors Bank of America, Citi, Deutsche Bank, J.P. Morgan, Morgan Stanley and Wells Fargo also participated in this round. In addition, Barclays joins as a subscriber and provider of its agented corporate loan data, becoming the tenth bank to commit to Versana’s next-generation platform. Continue reading
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Why is J.P. Morgan helping First Republic Bank?
New York, May 1, 2023 – The U.S. banking crisis that began in March 2023 was the result of a number of factors, including:
The collapse of Silicon Valley Bank: Silicon Valley Bank was a large regional bank that specialized in lending to technology companies. The bank’s collapse in March 2023 was a major blow to the banking industry and shook confidence in the financial system.