Fed Sets Course for Milder Interest-Rate Rise in February
Officials could begin deliberations at their coming meeting on whether and when to pause rate increases this spring.
Genesis Demise Marks End of Era for Crypto's Pseudo-Banks
The crypto-lending sector turned out to be poorly risk-managed, subjecting users to heavy losses after epic boom.
Crypto Banks Borrow Billions From Home-Loan Banks
Signature Bank and Silvergate Capital, after a surge in customer withdrawals, have turned to a system originally designed to support mortgage lending.
Federal Reserve Probes Goldman Consumer Business
The regulator has concerns that the bank didn't have proper monitoring and control systems inside the business, known as Marcus, especially as it grew larger.
U.S. Seizes Additional Assets Tied to Bankrupt FTX
Collection disclosed in a Friday court filing includes $56 million in U.S. currency and 87 million euros from two banks.
Morgan Stanley CEO James Gorman Gets $31.5 Million for 2022
The bank cut his compensation 10% from the previous year.
Ally Is Racing to Outrun Auto-Loan Losses
Though net charge-offs are expected to jump this year, Ally Financial could also see a rise in loan yields to help it keep pace.
Capital One Job Cuts Signal Trouble for IT Labor Market
Enterprise IT departments have largely been isolated from recent layoffs hitting the tech sector.
Fed Official Favors Quarter-Point Rate Rise in February
A Federal Reserve official said Friday he would support a smaller pace of interest-rate increases at the central bank's next meeting, cementing expectations of a quarter-percentage-point rate rise on Feb. 1.
Sullivan & Cromwell Approved as FTX Bankruptcy Counsel
Sullivan & Cromwell won court approval to continue representing FTX in bankruptcy following weeks of scrutiny about work the law firm did for the crypto exchange and former executives before the company's collapse in November.
(END) Dow Jones Newswires
01-23-23 0015ET
