Grayscale CEO Michael Sonnenshein Steps Down 

The crypto asset manager is battling an investor exodus from its flagship bitcoin fund.

A $10 Billion Real-Estate Fund Is Bleeding Cash and Running Out of Options 

A long line of investors in Starwood Real Estate Income Trust, known as Sreit, want their money back.

Dimon Led Bank CEOs to Fend Off Tougher Capital Rules 

Regulators discuss slashing proposed capital requirements in sign of banks' increasing clout.

Meet Salim Ramji, Who Is Going to Oversee the Retirement Assets of Tens of Millions of Americans 

The first outsider to run Vanguard needs to win over the Bogleheads. Colleagues say he can.

Financial Services Roundup: Market Talk 

Bendigo and Adelaide Bank and more in the latest Market Talks covering Financial Services.

Crypto Lender Genesis Global Gets Wind-Down Plan Approved 

A bankruptcy judge approved a chapter 11 wind-down plan for Genesis that will pay back creditors about 77% of the same digital assets that they lent to the cryptocurrency lender before its bankruptcy filing.

RedBird Banks $4.7 Billion for Dealmaking 

The sports, media and financial services investor collects fresh capital amid a flurry of high-profile deals.

Private Equity Warms Up to Clean-Energy Tax Credits 

Private-equity firms are beginning to tap a nascent market for clean-energy tax credits, betting on a boost to returns from helping project developers get better terms for the tradable credits.

The Medicare Bubble Has Burst 

The government health insurance program had been a gold mine for private insurers until recently.

Binance Gets Two Compliance Monitors in Settlements With U.S. Authorities 

Consultant Forensic Risk Alliance and law firm Sullivan & Cromwell have been selected as outside monitors as part of the crypto exchange's $4.3 billion settlements with U.S. regulators.

(END) Dow Jones Newswires

05-20-24 1115ET