CryptocurrencyFormer crypto CEO Do Kwon reported arrested in Montenegro says country’s Minister of InteriorMarch 23, 202361Published: March 23, 2023 at 10:08 a.m. ET Do Kwon, the former CEO of Terraform Labs, which issued a crashed...
BankingUBS buys Credit Suisse in rush deal – POLITICOMarch 19, 202399FRANKFURT — Swiss banking giant UBS will buy the country’s second-largest bank Credit Suisse in a deal that will come...
Stock MarketWhat’s next for stock market as Fed weighs bank chaos vs. inflation fightMarch 19, 202392Markets may be in a vulnerable position ahead of the Federal Reserve’s meeting this week, as traders bet the banking...
BankingYellen declares bank system sound, as new rescues orderedMarch 17, 202364WASHINGTON (AP) — Treasury Secretary Janet Yellen offered firm, upbeat reassurances to rattled bank depositors and investors Thursday, even as...
Stock MarketFirst Republic, FedEx, Sarepta, XPeng, RingCentral, and More Stock Market MoversMarch 17, 202386Stocks closed lower Friday, as investors grappled with continued banking troubles ahead of next week’s Federal Reserve meeting. First Republic...
CurrenciesBank sector stress may provide a bullish case for cryptocurrencies. Here’s how March 16, 202383Hello! Welcome back to Distributed Ledger. This is Frances Yue, crypto reporter at MarketWatch. A lot has happened during the...
FinanceEurope’s central bank backs big rate hike despite bank chaosMarch 16, 202355FRANKFURT, Germany (AP) — The European Central Bank carried through with a large interest rate increase Thursday, brushing aside predictions...
BankingBank turmoil casts shadow over Europe interest rate decisionMarch 16, 202356FRANKFURT, Germany -- European Central Bank President Christine Lagarde said last week that a big interest rate increase was “very...
FinanceFive Trends Shaping Payments M&A – Financial ServicesMarch 16, 202369The last 12 months have seen dramatic falls in fintech and payments valuations, but with the payments sector now a...
CurrenciesThe possibility of the digital euro – POLITICOMarch 14, 202389The ECB investigation is now running parallel with the European Commission’s preparations for undertaking the necessary legislative process. And as...