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As Rates Rose, Banks Did a Balance-Sheet Switcheroo
Finances

As Rates Rose, Banks Did a Balance-Sheet Switcheroo

Lenders pledged to hold on to money-losing bonds until maturity, allowing them to avoid reporting losses. Source link

Binance Sees $2 Billion in Outflows as Troubles Compound
Finances

Binance Sees $2 Billion in Outflows as Troubles Compound

In a tumultuous few days, the crypto giant raised fees, suffered software issues and faced a regulator lawsuit. Source link