SoftBank Group Shares Fall After Disappointing Second-Quarter Results

SoftBank Group Corp. shares fell sharply after the Japanese technology investment company posted disappointing second-quarter results and failed to announce additional share buybacks. 


 
Crypto.com Withdrawals Rise After CEO Admits Transaction Problem

Customers pulled funds from Crypto.com after the company's chief executive said the cryptocurrency exchange mishandled a roughly $400 million transaction. 


 
JPMorgan Dodges a Buyout-Loan Bullet

The bank avoided loans backing purchases of companies such as Twitter and Citrix, which hurt Bank of America and other competitors after markets hit turbulence. 


 
Alameda, FTX Executives Are Said to Have Known FTX Was Using Customer Funds

Alameda Research CEO and senior FTX officials are said to have known that FTX had lent its customers' money to Alameda to help it meet its liabilities. 


 
FTX Investigating a Potential Hack Amid Bankruptcy

More than $370 million worth of crypto funds appears to be missing, according to a crypto analytics firm. 


 
This Former BlackRock Executive Says ESG Is Broken

Terrence Keeley's new book hints at a quiet debate within a firm that has embraced environmental, social and governance investing. 


 
FTX Files for Bankruptcy, CEO Resigns

The bankruptcy will likely wipe out billions of equity value, leaving investors with stiff losses. It will maroon the crypto and cash deposits belonging to a legion of customers. FTX faces investigations or asset freezes from regulators and prosecutors around the world. 


 
Rising Rates Hit Banks' Bond Holdings

Banks could face tighter liquidity and earnings pressure as rates they pay for funding rise, while yields on the bonds they own stay low. 


 
Bitcoin falls to 2-year low, other cryptos down after market reacts to FTX bankruptcy news

Here's how major cryptocurrencies are reacting to the FTX bankruptcy news. 


 
China Relief Rally Can Only Go So Far

Covid restrictions will remain onerous for some time, and there remain many other issues to spook investors in China.


(END) Dow Jones Newswires

11-14-22 0015ET