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“Elon Musk turns to old financial backers for $44B Twitter buyout: sources” Elon Musk is turning to an old, reliable group of financial backers to fund his $44 billion buyout of Twitter — even as talks to team up with a deep-pocketed private equity firm have stalled, The Post has learned. Sources close to the…
” Global private bank LGT to open Bitcoin and Ether trading “ LGT Group, a top family-owned private banking and asset management group, is moving into cryptocurrency by launching Bitcoin (BTC) and Ether (ETH) investments at LGT Bank in Liechtenstein. Managing over $292 billion of assets, LGT Bank is preparing to debut digital asset custody…
“Vice Media hires financial advisor for sale: report” Vice Media, the Brooklyn-based digital media company founded by Shane Smith, has hired bankers to put the company up for sale, according to a report. Several buyers have expressed “preliminary interest” in buying Vice outright, CNBC reported late Monday. Vice, which is saddled with outstanding debt and…
” Crypto Bahamas: Regulations enter critical stage as gov’t shows interest “ The crypto community and Wall Street converged last week in Nassau, Bahamas, to discuss the future of digital assets during SALT’s Crypto Bahamas conference. The SkyBridge Alternatives Conference (SALT) was also co-hosted this year by FTX, Sam Bankman-Fried’s cryptocurrency exchange. Anthony Scaramucci, founder…
” Argentina’s largest two banks to allow crypto trading “ Argentina’s largest and second-largest private banks, Banco Galicia and Brubank, have announced that they will allow customers to make crypto purchases. Bloomberg reported on May 2 that a resounding 60% of respondents to an Argentinian poll asked for more access to crypto, which catalyzed the…
“Goldman Sachs CEO says office attendance tops 50% during return-to-work push” Goldman Sachs boss David Solomon said more than half of the company’s staffers are working on site — even as the bank pursues a strict return-to-office campaign that has irritated many of its junior bankers. Solomon said on-site attendance at Goldman’s US offices is…
“JPMorgan loosens return to office rules after pushback” A top JPMorgan Chase executive reportedly informed some employees this week that they could cut down on the number of days they spend working on site – a move that followed internal friction over the bank’s stringent return to office policy. In a memo to addressed to…
“Hillary lawyer Sussmann won’t try to prove tie between Trump and Russia” Hillary Clinton campaign lawyer Michael Sussmann won’t try to prove the explosive claims he passed to the FBI that alleged former President Donald Trump had a secret back channel to a Russian bank, according to a court filing Monday. Sussman’s defense lawyer “stated…
” OCC issues order against Anchorage Digital over AML compliance “ The United States Office of the Comptroller of the Currency, or OCC, has said it intends to pursue cease and desist proceedings against cryptocurrency custody bank Anchorage Digital for violating certain anti-money laundering requirements. In a Thursday announcement, the OCC said it issued a…
” Australian prudential regulator releases roadmap for cryptocurrency policy “ The Australian Prudential Regulation Authority, or APRA, published a letter to regulated entities Thursday setting out risk management expectations and a policy roadmap for the regulation of crypto-assets through 2025. “While activities associated with crypto assets are still relatively limited in Australia, the potential scale…