How FTX Executives Secretly Spent $8 Billion in Customer Money
Billions went to personal loans, luxury real estate and donations.
Citi to Sell China Consumer Wealth Portfolio to HSBC
Citigroup will sell its onshore consumer wealth portfolio in China to HSBC as the U.S. bank continues to leave consumer banking across parts of Asia.
This Out-of-Favor Sector Is Benefiting From Higher Rates
Health insurers are earning more on their investments, partly offsetting higher procedure volumes.
Can Someone Lose Track of Billions? Sam Bankman-Fried's Jury Will Decide
The FTX founder is blaming sloppy accounting. Prosecutors say he stole the money.
Fed Still Has to Run 'Final Mile' on Inflation, Fed's Mary Daly Says
The San Francisco Fed president says tighter financial conditions could lessen the need for further action from the central bank.
Financial Services Roundup: Market Talk
Gain insight on Diversified Royalty's acquisition of BarBurrito's royalty stream, Clorox, Metro Bank, and more in the latest Market Talks covering Financial Services.
Bond Selloff Might Force Fed to Rethink Shedding Assets
The Federal Reserve's quantitative tightening is one of the factors pushing long-term rates higher.
FTX Employees Found Alameda's Secret Backdoor Months Before Collapse
The crypto exchange allowed Alameda to have a negative balance of up to $65 billion, prosecutors say.
Tian Tu Capital Shares Fall on Hong Kong Debut
Shares of the Chinese private-equity investor and fund manager opened lower on their debut in Hong Kong, failing to provide an initial pop as investor sentiment remained cautious.
Texas Capital Bank Sues Ginnie Mae Over $28 Million Bankruptcy Loan
The bank alleges the government took away its loan collateral, leaving it empty-handed.
(END) Dow Jones Newswires
10-09-23 0015ET
