IPOs

CI has gobbled up more than 30 smaller rivals since entering the U.S. market two years ago.

The wealthtech provider could command a valuation of $8 billion to $10 billion.

Investors weren’t clamoring to buy Robinhood’s stock the way they had with some of the year’s hottest offerings.

With plans to raise more than $2.2 billion, Robinhood’s IPO would be the fifth-largest on a U.S. exchange in 2021.

Each time Edelman made a deal with investors in his advisory firm, he carved out a strategic payout for himself and a profit stake in the new entity.

So far, customers haven’t shown the same enthusiasm for their debuts as they have for their favorite meme stocks.

Account openings on the app doubled in 2020 from a year earlier.

The online lender said it would give clients with more than $3,000 in their accounts the ability to invest in initial public offerings.

The trading app could go public late in the second quarter.

The transaction, which could be announced as early as Monday, will be valued at $4.7 billion, according to people familiar with the matter.