NEW YORK (Reuters) – Pinterest on Tuesday said it reached a deal with Elliott Management, the activist investment firm that has offered up ideas on how to improve operations at the image sharing[...]
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December 6, 2022
Exclusive-Goldman Sachs on hunt for bargain crypto firms after FTX fiasco
By Iain Withers and Lawrence White LONDON (Reuters) – Goldman Sachs plans to spend tens of millions of dollars to buy or invest in crypto companies after the collapse of the FTX exchange hit val[...]
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Cryptoverse: Forget crypto winter, this is a bitcoin ‘bloodbath’
By Medha Singh and Lisa Pauline Mattackal (Reuters) – “I’m nearly bankrupt,” says Jad Fawaz, a crypto trader in Abu Dhabi. “I’m laughing because there’s no po[...]
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Polish regulator sets 2023 dividend policy for banks
WARSAW (Reuters) – Poland’s financial regulator KNF has adopted a new dividend policy for banks for 2023, allowing them to pay out a percentage of their net profit to shareholders dependin[...]
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Citadel celebrates banner year at Disney as Wall Street nurses losses
By Svea Herbst-Bayliss NEW YORK (Reuters) -For much of Wall Street, trading this year has been like riding a wild roller coaster. For thousands of employees of Citadel and Citadel Securities, the hedg[...]
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Brazil’s Nubank announces $330 million equity capitalization in Mexico
MEXICO CITY (Reuters) – Brazilian digital bank Nubank, Latin America’s largest fintech, announced on Tuesday a $330 million equity capitalization in Mexico, as it pushes to expand operatio[...]
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Deutsche bank, Rabobank hit with EU antitrust charge over bond cartel
By Foo Yun Chee BRUSSELS (Reuters) -Deutsche Bank and Rabobank were charged by EU antitrust regulators on Tuesday of taking part in a government bond cartel, the latest move against a sector which has[...]
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Foreign equity funds pile into Indian financials as credit cycle picks up
(Corrects fund manager’s surname in last paragraph) By Anushka Trivedi MUMBAI (Reuters) – Foreign investors are buying into Indian financial firms, lured by the prospects of a fresh credit[...]
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