Category: Financial News
Asset managers face divided regulation over ESG investing
The political divide over the role that environmental, social and governance factors should play in state pension investments stands to deepen as Republicans gained some ground in the midterm elections and the […]
London Metal Exchange fights back against nickel lawsuits: ‘The market had become disorderly’
The London Metal Exchange has defended its decision to cancel billions of dollars worth of nickel trades earlier this year as it fights back against lawsuits from major investors Elliott Management and […]
BNP Paribas eyes move into private credit as leveraged lending dries up
BNP Paribas is eyeing a move into private credit, which could provide an alternative source of funding for major M&A deals as traditional bank lending dries up. The French bank is considering a move into […]
‘Grow up,’ ex-Celsius directors warn crypto as BlockFi joins bankruptcy club
Two former directors of the collapsed crypto lender Celsius Network have a warning for digital assets firms wishing to avoid a similar fate: “Grow the f*** up”. Matthew De La Fuente, former […]
TP ICAP registers crypto trading arm with UK regulator
London-based broker TP ICAP has become the latest institutional finance firm to get its crypto offering registered with the Financial Conduct Authority. The institutional trading venue said its wholesale spot crypto trading […]
FTX’s Sam Bankman-Fried says he didn’t know scale of bad Alameda bets
Sam Bankman-Fried said that he didn’t intend to commit any fraud or use customer funds to back leveraged bets that went wrong at Alameda Research, a cryptocurrency hedge fund attached to FTX […]
Blackstone stops redemptions from real estate fund as stock slides
Blackstone shares took a big hit after the investing giant’s real-estate fund aimed at wealthy individuals said it would limit redemptions. Blackstone Real Estate Income Trust, more commonly known as BREIT, said 1 December […]
Are nontraded funds really the best place to invest?
Congratulations. You’ve worked hard and made some money, and now you have access to a new class of investments. But when the velvet rope opens up, it can also close behind you. On 1 […]
Credit Suisse loses secondary-advisory executive to Baird
One of the most senior secondary private equity bankers at Credit Suisse has left the investment bank, according to several people with knowledge of the matter. Jeremy Duksin, a managing director and […]
The unbearable uselessness of crypto
Andrés Velasco, a former presidential candidate and finance minister of Chile, is dean of the School of Public Policy at the London School of Economics. He is the author of numerous books […]
UPDATE
Turkish court overturns convictions against four human rights activists – JURIST
The Turkish Court of Cassation, the country’s highest appellate court, Tuesday overturned convictions against four human rights defenders including Honorary Chair of Amnesty International of Turkey, Taner Kılıç. All four were formerly […]
Australia forms multi-agency task force to combat cyber crime – JURIST
On Saturday, Australia’s Minister for Home Affairs and Cyber Security Clare O’Neil announced the formation of a multi-agency task force to combat cyber crime. Called the Joint Standing Operation (JSO), the task […]
‘Invasive’ two-finger test performed on sexual assault victims is misconduct, India Supreme Court rules – JURIST
The India Supreme Court Monday declared that performing the “two-finger” or “three-finger” vaginal test on victims of rape or sexual assault will be classed as misconduct.Also dubbed the “virginity” test, the test […]
China-run ‘police’ station in Dublin ordered to close by Ireland Department of Foreign Affairs – JURIST
The Ireland Department of Foreign Affairs Wednesday ordered a Chinese overseas “police station” in Dublin to cease operations, according to Asia-based human rights group Safeguard Defenders. The order comes after Safeguard investigated […]
The Most Read
Crypto Scam: Formula One Team Sponsorer Vanishes After Lying for a Year
Bitcoin and Altcoins Trading Near Make-or-Break Levels
Thieves targeted crypto execs and threatened their families in wide-ranging scheme
Visa Warning: Hackers Ramp Up Card Stealing Attacks At Gas Stations