FTX Tapped Into Customer Accounts to Fund Risky Bets

Crypto exchange FTX lent billions of dollars worth of customer assets to fund bets by its affiliated trading firm, Alameda Research, setting the stage for the exchange's implosion, a person familiar with the matter said. 


 
What We Know-and Don't Know-About Tether's Books

After falling and rebounding Thursday, the stablecoin company released its latest quarterly report. 


 
Easing Inflation Ignites Bond-Market Rally

U.S. government bond yields headed for their steepest one-day declines in more than a decade Thursday after fresh data showed inflation fell more than expected. 


 
Inflation Report Leaves Fed on Track for 0.5-Point Rate Rise in December

Central bank officials have signaled a desire to moderate the pace of interest rate increases, even though rates could rise higher next year 


 
Fed's Harker backs slower pace of interest-rate hikes

Philadelphia Fed President Patrick Harker on Thursday said he expects the Fed will slow down the pace of interest rate hikes. 


 
Regulators Look to Lessen Treasury Market Reliance on Big Bank Dealers

The Fed and Treasury Department have been on alert about the stability of the $24 trillion market since Covid-19 disrupted the economy and markets, while recent volatility has added to concerns. 


 
Brookfield Seeks to Expand Role as Capital Provider to Large Companies

The firm has collected $33 billion in investment capital since June as it looks for more deals like its Intel financing agreement. 


 
Merrill Lynch Overhauls Advisor Compensation, Raises Grid Thresholds

The wirehouse will change how it pays advisors next year. 


 
Allianz More Confident for 2022 After Third-Quarter Growth

Allianz said it expects to hit the upper end of its target range for operating profit in 2022 of EUR12.4 billion-EUR14.4 billion after delivering solid third-quarter results, supported by a strength in its property-casualty business. 


 
Credit Agricole Hurt by Market Volatility

Credit Agricole said market volatility weighed on its third-quarter profit and revenue, but net income at its banking operations rose to an above-forecast EUR1.4 billion.


(END) Dow Jones Newswires

11-11-22 0015ET