NRLPA: OSEC

Exclusive: Goldman Sachs on the hunt for cheap crypto firms after FTX fiasco

Exclusive: Goldman Sachs on the hunt for cheap crypto firms after FTX fiasco

Leave a Comment / Business / By

LONDON, Dec 6 (Reuters) – Goldman Sachs (GS.N) plans to spend tens of millions of dollars buying or investing in crypto companies after the FTX stock market crash hit valuations and chilled the market. interest of investors. The FTX implosion has increased the need for more trusted and regulated cryptocurrency players, and big banks see …

Exclusive: Goldman Sachs on the hunt for cheap crypto firms after FTX fiasco Read More »

Crypto lender BlockFi files for bankruptcy as FTX ripple effect spreads

Crypto lender BlockFi files for bankruptcy as FTX ripple effect spreads

Leave a Comment / Business / By

Filing follows weeks after FTX collapse FTX listed as BlockFi’s #2 creditor Bitcoin down over 70% from 2021 peak Nov 28 (Reuters) – Cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy, it said on Monday, the latest crypto casualty after the exchange’s dramatic collapse FTX earlier this month. The New Jersey court filing comes …

Crypto lender BlockFi files for bankruptcy as FTX ripple effect spreads Read More »

Elon Musk trial opens to decide fate of his $56 billion Tesla salary

Elon Musk trial opens to decide fate of his $56 billion Tesla salary

Leave a Comment / Business / By

WILMINGTON, Del, Nov 14 (Reuters) – A lawsuit opened on Monday over allegations by shareholders that Tesla CEO Elon Musk’s $56 billion pay package was rigged with easy performance targets and that investors were duped into approving it, with Musk expected to take a stand later this week. A Tesla shareholder TSLA.O hopes to prove …

Elon Musk trial opens to decide fate of his $56 billion Tesla salary Read More »

Analysis: Money before climate; the fall in the markets stimulates the exodus of ESG funds

Analysis: Money before climate; the fall in the markets stimulates the exodus of ESG funds

Leave a Comment / Markets / By

NEW YORK/BOSTON, Nov 11 (Reuters) – Funds adhering to environmental, social and corporate governance (ESG) principles have been hit by unprecedented capital outflows in the market downturn as investors favor preserving the capital to objectives such as the fight against climate change. ESG, a classification applied to fund assets currently worth an estimated $6.5 trillion, …

Analysis: Money before climate; the fall in the markets stimulates the exodus of ESG funds Read More »