French bank BPCE has acquired a majority stake in Portugal’s Novo Banco in a deal that values the lender at €6.4bn. BPCE purchased the 75 per cent stake from US investor Lone Star, which helped revive ...

Fintech valuations plummeted in the first quarter of this year as fears mounted over the impact of Trump’s tariffs. The median valuation of companies before they received external investment fell 41 ...