Shares of cryptocurrency and blockchain-related companies fell in premarket trading on Tuesday after the industry’s biggest exchanges Coinbase Global and Binance found themselves in the crosshairs of the U.S. securities regulator.
UBS expects to finalize its agreement with the Swiss government to cover up to 9 billion Swiss francs ($9.92 billion) in losses from its emergency takeover of Credit Suisse by June 7, the Swiss bank said in a regulatory filing published on Tuesday.
Global venture capital giant Sequoia announced Tuesday that it is planning to separate its China, and India and Southeast Asia businesses into two independent firms.
Top Australian lender Westpac Banking Corp said on Tuesday that it will raise its home loan variable interest rates by 25 basis points (bps), in line with the Reserve Bank of Australia’s (RBA) rate hike.
JPMorgan Chase & Co Chief Executive Officer Jamie Dimon will meet privately with a group of moderate House Democrats on Tuesday, with banking and the U.S. economy on the agenda, Bloomberg News reported on Monday citing people familiar with the matter.
Commonwealth Bank of Australia , the country’s biggest lender, said on Tuesday it was removing transaction fees for its domestic retail and business banking customers sending money outside of the country using one of its digital platforms.
At least seven top Barclays Plc investment bankers have resigned to join UBS Group AG in the United States in the last few days, people familiar with the matter said.
Barclays Plc’s global co-head of software investment banking Steven Markovich resigned to join Centerview Partners, people familiar with the matter said on Monday, the latest blow to the British bank’s efforts to retain U.S. dealmaking talent.
Shares of U.S. banks fell on Monday with some investors pointing to worries that a flood of Treasury bill issuance following the raising of the U.S. debt ceiling would drain liquidity from lenders.
