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Frank Founder Faces Criminal Fraud Charges Over JPMorgan Deal
Finances

Frank Founder Faces Criminal Fraud Charges Over JPMorgan Deal

Markets Finance Prosecutors say college financial-aid company executive lied about her customer count to land $175 million deal Source link

Housing Is Turning Out to Be a Lousy Shelter for Investors
Finances

Housing Is Turning Out to Be a Lousy Shelter for Investors

Apartments have been the second-worst performing type of real estate in the U.S. after offices over the past year. Source link

Credit Suisse Chairman: 'I Am Truly Sorry'
Finances

Credit Suisse Chairman: 'I Am Truly Sorry'

Shareholders at the bank’s final annual meeting expressed their anger toward management and the board for failing to save the storied institution. Source link

Jamie Dimon on Banking Turmoil: 'This Wasn't the Finest Hour for Many Players'
Finances

Jamie Dimon on Banking Turmoil: 'This Wasn't the Finest Hour for Many Players'

The JPMorgan CEO says regulations need tweaking following the failures of Silicon Valley Bank and Signature. Source link

Australia’s Central Bank Jumps Ahead of Fed by Holding Interest Rates Steady
Business

Australia’s Central Bank Jumps Ahead of Fed by Holding Interest Rates Steady

World Central bank says it is ready to resume tightening if price pressures intensify again Source link

Signature Bank Insiders Sold $100 Million in Stock During Crypto Surge
Finances

Signature Bank Insiders Sold $100 Million in Stock During Crypto Surge

Sales went largely unnoticed by investors due to securities rules and filing method. Source link

Extra Space Storage to Combine With Life Storage in $12.7 Billion Deal
Business

Extra Space Storage to Combine With Life Storage in $12.7 Billion Deal

Markets Deals A deal would create the largest storage-facility operator in the U.S. by number of locations Source link

Investors Are Too Spooked by Washington's PBM Crackdown
Finances

Investors Are Too Spooked by Washington's PBM Crackdown

Efforts to take on Cigna’s and CVS’s pharmacy benefit managers won’t hurt as much as Wall Street expects. Source link

S&P 500’s Resilience in the Banking Crisis Is Largely Thanks to Tech
Finances

S&P 500’s Resilience in the Banking Crisis Is Largely Thanks to Tech

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Klaviyo Hires Bankers, Plans for Late 2023 IPO
Finances

Klaviyo Hires Bankers, Plans for Late 2023 IPO

WSJ News Exclusive Finance Marketing-automation company’s plans show potential thaw in new-issue market Source link