Robinhood expands crypto trading to more-regulated European Union
The logo of Robinhood Markets, Inc. is seen at a pop-up event on Wall Street after the company's IPO in...
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US SEC sues Kraken crypto exchange over failure to register
Kraken cryptocurrency exchange logo is seen in this illustration taken July 28, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsNov 20...
Investors in VinFast’s SPAC cash out most shares
HANOI, July 14 (Reuters) - Shareholders of Black Spade Acquisition (BSAQ.A), a special purpose acquisition company (SPAC) that has plans...
Analysis: Why a $1.5 trillion source of corporate financing is choking on higher rates
CLO issuance down 41% in H1 vs same time last yearFunding lifeline for junk-rated borrowers shrinkingInvestors demand higher premiumLONDON, July 5 (Reuters) - A financial stream that helped fund the world's riskiest companies and grew into a market estimated at $1.5 trillion in the low interest rate years is drying up, as aggressive rate hikes bring tougher borrowing conditions and uncertainty.The pace of issuance of so-called collateralised loan obligations (CLOs), which bundle loans of the weakest corporates and repackage them as bonds, has stalled.Specialist asset managers minted CLOs worth more...
Crypto insurer Evertas authorized to offer largest single crypto insurance policy
NEW YORK, June 2 (Reuters) - London-based Arch Insurance International has authorized cryptocurrency insurer Evertas to increase the coverage limit...
Vietnam EV maker VinFast to list in US via a SPAC
HANOI, May 12 (Reuters) - Vietnamese electric automaker VinFast said on Friday it will list in the United States via...
