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Goldman's merchant-banking arm competes with clients (and counts them as customers), and its proprietary arm may trade against them.
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The firm is adamant that there is no conflict, because it closed its proprietary trading arm last October.
Formally speaking, Eight Roads will be the proprietary investment arm of FIL, Fidelity International Limited.
Leading the round is Eight Roads, the proprietary investment arm of Fidelity International, with participation from existing investors Northzone and MOOR.
Eight Roads Ventures, the proprietary investment arm of Fidelity International, is officially launching its new European fund today.
Doctorlink, a U.K. startup that provides doctor surgeries with a clinically approved digital triage and advice tool, is disclosing that it has picked up significant backing from Eight Roads, the proprietary investment arm of Fidelity International.
Today the company published its first-ever report on venture capital funding, or lack thereof, for Latinx female founders via its proprietary research arm, called ProjectDiane, in partnership with JPMorgan Chase.
Today the company published its first-ever report on venture capital funding, or lack thereof, for Latinx female founders via its proprietary research arm, called ProjectDiane, in partnership with JPMorgan Chase.
Will deposit-taking banks have to spin off their proprietary trading arms and sell stakes in hedge funds and private equity firms?
Banks' proprietary-trading arms, which had made similar, loss-making bets, would have suffered too.Although the rescue of LTCM could still hit snags over disagreements, for example, between the banks that have bailed the fund out and the fund's managers about how fast to close positions the Fed has bought some stability.
Unlike most other fields, despite this harmony there is no open alternative to proprietary offerings from ARM and Intel.
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