News

Global oil giant Shell Plc. expects up to $5 billion in impairment losses as it cuts down its businesses in Russia, the company announced in a filing. Shell predicts a...

The United States’ corporate regulator is looking to mandate the registration of security-based swap executors, according to a Reuters report. Under the proposals of the Securities and Exchange Commission (SEC),...

Cryptocurrency startup Blockchain.com has rolled out an asset-management unit that caters to high-net-worth investors, according to a Bloomberg report. Dubbed BCAM, the asset-management arm will serve mainly institutional investors, family...

Goldman Sachs Group is looking to expand its over-the-counter cryptocurrency options trading to include Ether, according to a Bloomberg report. Goldman Global Head of Crypto Trading Andrei Kazantsev said the...

Crypto exchange Kraken is seeking to release structured products focused on staking to improve offerings for institutional clients, according to a report by The Block on Tuesday. Kraken bought a...

Financial giant Citigroup Inc. has put a pause on initial public offerings of blank-check firms pending guidance on the proposed rules in the United States, according to a Bloomberg report....

Billionaire Elon Musk is set to join Twitter Inc.’s board after acquiring a 9.2% stake in the social media giant, according to a Reuters report. As long as he remains...

Digihost becomes the first publicly traded crypto miner to provide shareholders the option to get dividend payments in bitcoin (BTC), according to a report by Financial post on Monday. The...

British universal lender Barclays Plc is looking to enter private credit with the sector doubling in the past five years, according to a Bloomberg report. Sources close to the matter...

Finance giant JPMorgan could lose some $1 billion due to its exposure to Russia, its Chairman and Chief Executive Jamie Dimon said in a letter to shareholders. Dimon assured shareholders...

Dealmaking across the globe fell by double digits in the first three months of the year to hit the lowest level since the COVID-19 pandemic hit, according to a report...

The biggest shareholder of Japanese conglomerate Toshiba has backed a buyout plan with American private equity firm Bain Capital, according to a report on FT. The largest shareholder Effissimo Capital...