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...The decision also marks a U-turn by the SEC. The regulator resisted spot bitcoin ETFs for nearly a decade on the grounds that cryptocurrencies were susceptible to manipulation and fraud....
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...service, citing regulatory uncertainty....
...TPG has appointed Scott Lebovitz as a partner and head of infrastructure for its Rise Climate investing platform....
...MORGAN STANLEY has no prior criminal history of any kind, including no prior NPA or DPA; and (vi) MORGAN STANLEY has accepted full responsibility for its conduct and agreed to resolve with the U.S....
...But the prospect of new or expanded initiatives is looking shakier after the government U-turned on a number of green targets....
...United had tried in 2021 to restore some services at JFK to attract business customers on lucrative routes to and from California, but performed a U-turn after concluding it did not have enough clout to...
...Three years ago, Alexis Stokes was a postal worker delivering letters and parcels for the United States Postal Service....
...In December, Xi’s administration embarked on a stunning U-turn....
...Brown had last week defended the Scottish prison’s service right to assess cases on an individual basis and called its record “exemplary”....
...Some of Carroll’s clients recently chartered U Boat Navigator, a 24m yacht which sleeps six and is equipped with two submersibles....
...Now horizontal, they are in the service of anyone who fancies a sit-down instead....
...As I said last week, please do sign up for some of our other newsletters — Cryptofinance, headed by Scott Chipolina, is a particular favourite....
...The US Postal Service has also released five new stamps honouring Lichtenstein’s work....
...Celsius’s halt to withdrawals early on Monday was also a U-turn after it had spent several days rebutting accusations that customers could not make withdrawals....
...Marcus, the consumer-finance platform of fellow Wall Street Category-V bank Goldman Sachs, launched a similarly competitive interest rate, back when claiming to have been paid any kind of interest was in...
...Scott Sheffield said that pouring profits into faster output growth at the expense of shareholder returns would send investors fleeing....
...s=20&t=iGNZ_zQ8pU2i7E-U-KMskQ Celsius has sustained significant client outflows in recent months, including $750mn between May 6 and May 14, according to weekly statistics the company releases....
...As always, reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to share your feedback on today’s newsletter. Happy reading!...
...Share your thoughts with the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...He’s only five percentage points behind Keir Starmer in the polls on who make the best prime minister as opposed to 20-something on the Labour v Tory one....
...With postal ballots due to be counted next week, the stakes are even higher this time around....
...London has always been the capital for financial services, and it’s a good city to get talent in, and to bring to talent to....
...But economically for business, it gives the sense, well, if they’re gonna U-turn on that, what else might they U-turn on?...
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