Banks Should Be Wary of Crypto, Top U.S. Regulator Says
The Office of the Comptroller of the Currency urged caution in a report citing recent "stresses and surprises."
Credit Suisse Completes $2.4 Billion Capital Raise
Credit Suisse Group said that it completed its latest rights offering and had put into action around 80% of the cost cuts it planned for 2023.
SEC Asks Public Companies for More Information About Crypto Exposure
Request follows the collapse of trading platform FTX and its affiliates
The $42 Billion Question: Why Aren't Americans Ditching Big Banks?
Big banks still pay next to nothing on savings, but their customers aren't yet moving much money to higher-yielding alternatives.
Quebec Shuns Bitcoin Mining in Bid to Conserve Power
The Canadian province wants to stop selling cheap power to cryptocurrency miners and direct energy to other areas, a priority shift.
FTX Hires Forensic Team to Probe Money Trail
FTX's new management has hired a team of forensic investigators from advisory firm AlixPartners to help track the billions of dollars that have gone missing from the failed cryptocurrency exchange.
SEC to Float Proposals to Get Small Investors Better Stock-Trade Prices
The Securities and Exchange Commission said it would consider issuing four proposals to overhaul the plumbing of the stock market, a key element of Chair Gary Gensler's agenda.
Financial Services Roundup: Market Talk
Find insight on Canadian foreign-investment rules, Wise's valuation, Swedbank and more in the latest Market Talks covering the Financial Services sector.
Thoma Bravo Bags $32.4 Billion Including Largest Technology Buyout Fund
The technology-focused firm's main buyout fund collected $24.3 billion, the most it has ever raised
Goldman CEO David Solomon Prepares for a Possible Recession
Chief executive said he expects stocks and residential real estate to be lower a year from now, and gave just a 35% chance for a 'soft landing'
(END) Dow Jones Newswires
12-09-22 0015ET
