$76 Billion a Day: How Binance Became the World's Biggest Crypto Exchange

The trading platform surged by operating from nowhere in particular-without offices, licenses or headquarters. Now governments are insisting on taking some control. 


 
Former JPMorgan Exec Says Bank Fired Her for Raising Compliance Concerns

A former JPMorgan Chase & Co compliance executive has sued the bank for retaliation, saying it fired her after she pointed out gaps in its anticorruption controls and raised concerns about what she believed were misrepresentations to regulators. 


 
Overhauled Auditing Watchdog Expected to Boost Industry Scrutiny and Focus on Investors

The SEC picked four new members of the accounting oversight board to replace a fired panel. 


 
Another Bitcoin Futures ETF Bites the Dust

Bitwise Asset Management late Wednesday withdrew its proposal to roll out a bitcoin ETF this month, the company said in a regulatory filing. 


 
True Wind Capital Raises $817 Million for Second Tech-Focused Fund

True Wind Capital Management LP has raised $817 million for its second fund, slightly ahead of the $800 million target the firm launched by two former KKR & Co. technology deal makers set for it. 


 
HPS Targets $9.5 Billion for Fifth Junior Debt Fund

Private markets investment firm HPS Investment Partners, which spun out of J.P. Morgan Asset Management in 2016, is pitching a new junior debt fund to investors, weeks after closing another fund focused on specialty loans. 


 
Avis, the Latest Meme Stock, Is Driving the Dow Transports Index

Shares of the car-rental company have been soaring, and their outsize influence could make that index a less reliable gauge of the broader stock market. 


 
Generali Tops Estimates Despite Rise in Claims

Generali reported above-forecast profit and gross premiums in the first nine months of the year, on strong life and asset management growth and despite higher natural-catastrophe claims. 


 
Financial Services Roundup: Market Talk

The latest Market Talks covering Financial Services 


 
China Borrows Again at Negative Rates in Euros

China sold about $4.6 billion of bonds denominated in euros, taking advantage of superlow yields in the eurozone to raise shorter-term funds at negative rates for the second year running.

(END) Dow Jones Newswires

11-12-21 0015ET