CHINESE lenders have leapt ahead of their Wall Street peers in global rankings for initial public offerings (IPOs), as China wraps up a record year for listings which bucked one of the worst slowdowns in deals history.
CORE Scientific, one of the biggest publicly traded crypto mining companies in the United States, will soon file for Chapter 11 bankruptcy protection, CNBC reported, citing one person familiar with the matter.
CORE Scientific, one of the biggest publicly traded crypto mining companies in the United States, will soon file for Chapter 11 bankruptcy protection, CNBC reported, citing one person familiar with the matter.
IN THE last six-month Treasury bill (T-bill) auction of the year, the cut-off yield managed to stay above 4 per cent, at 4.28 per cent when auction closed on Wednesday (Dec 21).
BANK of America (BofA) clients bought US$2.8 billion of US stocks last week, marking a sixth straight week of equity inflows at the bank, as they made heavy purchases of exchange-traded funds (ETFs) and sold tech shares, BofA strategists led by Jill Carey Hall wrote in a note Tuesday...
FEDERAL authorities are set to whisk Sam Bankman-Fried to the US on Wednesday (Dec 21) to face a range of criminal charges related to the collapse of the FTX crypto exchange.
DEUTSCHE Bank is considering giving some of its top earners in Germany and other key markets an elevated salary increase to help offset surging inflation, while cutting bonuses for investment bankers who’ve seen weaker performance.
WELLS Fargo has agreed to pay US$3.7 billion to settle charges from a US consumer watchdog over widespread mismanagement of automobile loans, mortgages and deposit accounts.
THE yen surged to a four-month peak against the dollar on Tuesday (Dec 20) after the Bank of Japan stunned markets by deciding to review its yield curve control policy and widen the trading band for the 10-year government bond yield.
TO borrow from Britain’s Queen Elizabeth, 2022 is not a year on which the cryptocurrency world shall look back with undiluted pleasure.
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