Hints and tips:
...Bit Brother, which changed its name from Urban Tea in 2021 as it expanded into “blockchain-based” services, is emblematic of a trading boom taking place in some of the market’s cheapest shares....
...Its new fund — known as Strategic Investment Partners V — plans to buy risky debt, including junior loans and convertible bonds, as well as preferred stock....
...But many large financial institutions stayed away from cryptocurrencies over fears about cyber security and their links to money laundering and drug trafficking....
..., held large amounts of the token on its balance sheet, raising concerns about its financial health....
...A lawyer for EquitiesFirst on Tuesday joined a separate US crypto bankruptcy case, that of failed hedge fund Three Arrows Capital. The filing said EquitiesFirst was a creditor....
...Polish central bank chief Adam Glapiński told the FT he was seeking a truce with Prime Minister Donald Tusk after an increasingly bitter feud....
...Voyager 14 June 2022:https://twitter.com/investvoyager/status/1536709199694024704 22 June 2022 — “Voyager Digital, LLC, may issue a notice of default to Three Arrows Capital (“3AC”) for failure to repay...
...According to the SEC, Stoner Cats 2 LLC’s offering raised roughly $8mn from investors by selling more than 10,000 NFTs for roughly $800 each. The offering sold out in 35 minutes....
...DD has written about the financial engineering some firms have turned to as a way to unearth liquidity....
...The former Financial Times journalist had also been in the running to buy the Daily Telegraph, which was put up for sale last month....
...Such fears are now being compounded by the spectre of a second Donald Trump presidency — and a new era of American isolationism that could presage....
...A dozen big US financial companies including BlackRock, Blackstone, KKR and T Rowe Price have warned that a backlash against sustainable investing is now a material risk, in filings that show how acrimony...
...Apple has lost an attempt to prevent three of its top executives from being called to testify, including Eddy Cue, head of its services business....
...Across Pakistan, colourful posters of candidates and their party symbols — tigers, arrows, kites — are strung over alleys and roads in a carnivalesque reminder of the scale of Thursday’s general election...
...Signature gets school’d From questions over dealings with Donald Trump’s inner circle to accusations of funding slumlords, Signature Bank has dealt with problems before....
...I’m Lucy Fisher and this is Political Fix from the Financial Times....
...Under then-president Donald Trump, the SEC approved restrictions on ISS and Glass Lewis. But under President Joe Biden the rules were rescinded....
...According to Quentin Thom, co-head of perfORM Due Diligence Services, such costs have been pushed higher by the coronavirus pandemic....
...So that arrow roughly is pointing in the right direction....
...FTX extended a bailout to crypto lender BlockFi in July after the company suffered losses on its exposure to bankrupt crypto hedge fund Three Arrows Capital....
...Tabby Kinder is the FT’s West Coast financial editor Follow @FTMag to find out about our latest stories first and subscribe to our podcast Life and Art wherever you listen...
...In 1996, Black travelled to Moscow with Donald Trump, who hoped to emblazon his name on an Apollo-financed office tower. Geovanis helped organise the visit....
...He said former president Donald Trump had tried to wean the continent off of its dependency on Russian oil. “Europe was willing to trust Russia as its fundamental provider of energy,” Griffin said....
...So far, the mainstream financial services industry has been spared any knock-on effects of the carnage in crypto markets....
...Finback was considering buying a stake in Gideon Cyber Systems LLC, according to the term sheet....
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