Credit Suisse ‘seriously breached’ obligations in Greensill case, Swiss regulator says
Swiss regulator FINMA concluded Tuesday that Credit Suisse had “seriously breached its supervisory obligations” regarding its…
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Wells Fargo seeks to catch faster-growing rivals by boosting engagement with rich clients
Wells Fargo is unveiling a new platform to boost digital engagement with its 2.6 million wealth…
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SEC proposes rules that would change which crypto firms can custody customer assets
On Wednesday, the Securities and Exchange Commission voted 4-1 to propose changes to federal regulations that…
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Credit Suisse posts massive annual loss
Swiss bank Credit Suisse reported a fourth-quarter and year-end net loss on Thursday that fell short…
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Follow the footsteps of China by banning cryptocurrencies, says Charlie Munger
In a recent interview, Berkshire Hathaway Vice Chairman Charlie Munger urged the U.S. government to ban…
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BlockFi secret financials show a $1.2 billion relationship with Sam Bankman-Fried’s crypto empire
Bankrupt crypto lender BlockFi had over $1.2 billion in assets tied to Sam Bankman-Fried’s FTX and…
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Morgan Stanley CEO Gorman Says He’s Confident Deal Activity Will Return Once the Fed Pauses
The CEO of Morgan Stanley, James Gorman, said he is more confident about the markets than…
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Bitcoin jumps above $19,000 to highest level since November on cooling U.S. inflation
As traders bet on a U.S. inflation slowdown and digested news that lawyers for defunct crypto…
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Fed Officials See Higher Rates for ‘Some Time’ Ahead
According to minutes released Wednesday from the central bank’s December meeting, Federal Reserve officials are committed…
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The Fed won’t be what drives markets in 2023, wealth manager says
Markets were moved in a significant way by the Federal Reserve in 2022, as it implemented…
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