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JPMorgan, Citi under fire for funding fossil fuels in the Amazon
INVESTING ESG JUL 25, 2023
JPMorgan, Citi under fire for funding fossil fuels in the Amazon

New report reveals the banks that are the biggest funders of oil and gas exploration in the world's largest rainforest.

Investors want crypto custodians and Wall Street wants a slice of that
INVESTING ALTERNATIVES JUL 25, 2023
Investors want crypto custodians and Wall Street wants a slice of that

Demand for third-party custodian services for digital assets is heating up following the FTX exchange collapse.

Morgan Stanley files for next round of ETFs
NEWS WIREHOUSES JUL 24, 2023
Morgan Stanley files for next round of ETFs

The firm is launching three fixed-income exchange-traded funds bearing the Eaton Vance name, in addition to a Parametric ETF.

UBS to pay $387M in fines linked to Credit Suisse's dealings with Archegos
NEWS WIREHOUSES JUL 24, 2023
UBS to pay $387M in fines linked to Credit Suisse's dealings with Archegos

The fines imposed by the Federal Reserve and the Bank of England's Prudential Regulation Authority follow UBS guidance that legal liabilities related to Credit Suisse could total $4 billion.

Poor start for equities ahead of rate decisions, earnings
NEWS INDUSTRY NEWS JUL 24, 2023
Poor start for equities ahead of rate decisions, earnings

Weaker-than-expected data is adding to the negative sentiment early Monday.

Companies with $27T market value report earnings this week
NEWS INDUSTRY NEWS JUL 24, 2023
Companies with $27T market value report earnings this week

What will the high-value corporate earnings season do to stock markets?

Bypassing Wall Street proves costly for P2P crypto exchanges
INVESTING ALTERNATIVES JUL 24, 2023
Bypassing Wall Street proves costly for P2P crypto exchanges

The peer-to-peer trading digital asset trading platforms are struggling to achieve their decentralized dreams.

Corporate earnings in focus, Fed direction remains uncertain
NEWS INDUSTRY NEWS JUL 21, 2023
Corporate earnings in focus, Fed direction remains uncertain

Markets start Friday subdued as data suggests rate rises may continue.

Elon Musk loses $20B but remains world's wealthiest
NEWS INDUSTRY NEWS JUL 21, 2023
Elon Musk loses $20B but remains world's wealthiest

Tesla stock declined Thursday putting Musk just $33B ahead of luxury goods tycoon Bernard Arnault in the rich list.

FTX lawsuit alleges big bonuses, abuse of power, and a private island
NEWS REGULATION AND LEGISLATION JUL 21, 2023
FTX lawsuit alleges big bonuses, abuse of power, and a private island

The list of complaints against the collapsed crypto exchange executives is building.