Wells Fargo to Pay Record CFPB Fine
The bank reached a $3.7 billion deal with the Consumer Financial Protection Bureau, including a record $1.7 billion penalty, to resolve allegations that its actions harmed over 16 million consumers.
Bitcoin Miner Greenidge Says Bankruptcy Possible if Finances Worsen
Bitcoin miner Greenidge Generation Holdings Inc. said it is in talks to restructure more than $70 million in debt while making plans for a potential bankruptcy filing.
FTX Wants to Claw Back Sam Bankman-Fried's Donations
The SEC has said that customer assets were used to make investments, real-estate purchases and large political donations.
In Finance, as in Our Universe, Big Bangs Only Happen Once
The U.K. aims to reignite economic growth with a loosening of financial regulations that echoes Margaret Thatcher's, but this strategy may be hard to repeat.
Stock Picking Makes a Comeback in Market Turbulence
Inflation, rising interest rates and recession fears derail easy returns from passive investing.
The Bank of Japan Steals Christmas
The central bank's decision to raise its effective cap on 10-year government bond yields adds an extra dollop of uncertainty to global markets.
China PBOC Keeps Benchmark Lending Rates Unchanged
China's benchmark loan rates remained unchanged this month, according to a statement released by the central bank on Tuesday, despite more signs of weakness in the world's second-largest economy.
Financial Services Roundup: Market Talk
Find insight on U.S. retirement-plan proposals, Credit Agricole, ANZ and more in the latest Market Talks covering Financial Services.
Binance.US to Buy Assets of Bankrupt Crypto Lender Voyager
CEO Brian Shroder said the U.S. arm of the cryptocurrency exchange has hundreds of millions of dollars to deploy as it targets other acquisitions.
Sam Bankman-Fried's Lawyers Hash Out His Transfer to U.S.
The FTX founder has agreed to be extradited, with lawyers drafting documents, according to a person familiar with the matter.
(END) Dow Jones Newswires
12-21-22 0015ET
