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Banking/Credit
Bankrupt FTX Sues Sam Bankman-Fried, Others to Recoup More Than $1 Billion
The latest lawsuit by new management alleges that transfers of corporate assets were made for the benefit of the co-founder and others. Source link
Ukraine to Seize Bank to Curb Moscow's Influence
Sense Bank, formerly known as Alfa Bank-Ukraine, is regarded as a symbol of Russia’s involvement in Ukraine’s financial and political affairs. Source link
Investor Group Nears $125 Million Deal for CoinDesk
The syndicate is led by Matthew Roszak of Tally Capital and Peter Vessenes of Capital6. Source link
KKR Nears Deal for Specialty-Chemicals Maker Chase
The private-equity firm would pay roughly $1.3 billion in deal that could be reached Friday. Source link
600 Kindergartners Were Given Bank Accounts. Here’s What They Learned.
What to Read Next Source link
Fed Wants Paychecks to Hit Bank Accounts in a Flash
The FedNow payments network could take years to catch on. Source link
Fed Wants Paychecks to Hit Bank Accounts in a Flash
The FedNow payments network could take years to catch on. Source link
Charles Schwab Survived the Deposit Crisis. What Comes Next?
Charles Schwab is best known as the largest publicly traded U.S. brokerage firm, but it also runs a large bank that isn’t quite too big
Sequoia Partner Michael Moritz to Leave Venture Firm After 38 Years
What to Read Next Source link
Goldman Sachs Isn't Transforming Fast Enough
The bank’s shrinking principal investment holdings still make earnings too volatile Source link