Shares of banks and other financial institutions rose as traders bet the Federal Reserve would raise rates by a more modest increment.
A substantial amount of crypto exchange FTX's assets are missing and may have been stolen, according to the firm's new counsel.
Cryptocurrency lender Genesis Global Capital is seeking to raise capital from investment firm Apollo Global Management after exchange Binance declined to invest.
Genesis owner Digital Currency Group cut its revenue projection to reflect the lender's struggles and the broader crypto rout, while Chief Executive Barry Silbert sought to soothe investor fears about a potential domino effect following the collapse of FTX.
More retirement savers could soon have the option to invest in funds based on environmental, social and governance principles, under final regulations issued by the Labor Department on Tuesday.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
11-22-22 1704ET
