Bloomberg

Bloomberg
Displaying 12910 results
FTX files for bankruptcy; Bankman-Fried resigns as CEO
INVESTING ALTERNATIVES NOV 11, 2022
FTX files for bankruptcy; Bankman-Fried resigns as CEO

Entities tied to FTX.com, FTX US and trading firm Alameda Research were part of the Chapter 11 bankruptcy filing in Delaware.

FTX hurtles toward bankruptcy with $8 billion hole
INVESTING ALTERNATIVES NOV 10, 2022
FTX hurtles toward bankruptcy with $8 billion hole

Sam Bankman-Fried told investors the crypto exchange needs $4 billion to remain solvent. Meanwhile, U.S. authorities are investigating FTX.

Crypto market extends losses as Binance drops FTX takeover offer
INVESTING ALTERNATIVES NOV 09, 2022
Crypto market extends losses as Binance drops FTX takeover offer

The news that Binance withdrew its offer sent bitcoin to its lowest level since November 2020.

Crypto markets plummet as sense of dread hits FTX clients
INVESTING ALTERNATIVES NOV 09, 2022
Crypto markets plummet as sense of dread hits FTX clients

Customers of the fallen crypto exchange pulled out $430 million worth of bitcoin in the space of just four days.

Binance Holdings plans to acquire rival FTX.com
INVESTING ALTERNATIVES NOV 08, 2022
Binance Holdings plans to acquire rival FTX.com

The proposed deal for Sam Bankman-Fried's 3-year-old exchange will 'help cover the liquidity crunch.'

JPMorgan, money managers pushing back against proposed SEC names rule
INVESTING ESG NOV 08, 2022
JPMorgan, money managers pushing back against proposed SEC names rule

The agency is floating tighter rules that would require certain funds to have at least 80% of assets correspond to investment strategies listed in their names.

Supreme Court hearing arguments to allow challenges to SEC, FTC
NEWS REGULATION AND LEGISLATION NOV 07, 2022
Supreme Court hearing arguments to allow challenges to SEC, FTC

The justices are considering whether those facing agency claims can go straight to federal court with constitutional challenges — including attacks on the use of in-house judges to handle cases.

Wells Fargo faces demand for fine exceeding $1B from CFPB
NEWS WIREHOUSES NOV 05, 2022
Wells Fargo faces demand for fine exceeding $1B from CFPB

The Consumer Financial Protection Bureau is pressuring the bank to pay the fine to settle a series of investigations into the bank's mistreatment of customers.

JPMorgan executes first live trade on public blockchain
INVESTING ALTERNATIVES NOV 03, 2022
JPMorgan executes first live trade on public blockchain

The bank issued tokenized $71,000 as part of the Singapore central bank’s pilot programs exploring the use of decentralized finance in the banking sector.

Fidelity to launch commission-free retail crypto trading platform
INVESTING ALTERNATIVES NOV 03, 2022
Fidelity to launch commission-free retail crypto trading platform

The brokerage has opened up a wait list for its new service Fidelity Crypto which will offer custody and trading of Bitcoin and Ethereum.