The Crypto Reboot That Wasn't: Why 'FTX 2.0' Floundered
Creditors say FTX's post-chapter 11 management team missed an opportunity to create a valuable business from the ashes of the cryptocurrency exchange.
How Clean-Energy Investors Tame Emerging-Market Risks
Concerns about the risks tied to developing regions prevent many clean-energy investors from putting proportionally more money into those markets, but amplify potential returns for those who do, several investment firm executives said Tuesday.
UBS, Apollo Complete Securitization Unit Deal
UBS and Apollo Global Management have finalized a deal to offload Credit Suisse's former securitized products business, as the Swiss bank continues its integration after the takeover.
Visa, Mastercard Agree to Lower Swipe Fees
The card networks would cap credit-card interchange fees for five years as part of a settlement with merchants.
Canada's Poor Productivity Has Reached Emergency Status, Senior Central Bank Official Says
Bank of Canada's senior deputy governor, Carolyn Rogers, warns that a turnaround is urgently needed to protect the economy from future bouts of inflation.
Cyber Leaders Struggle With Heightened Job Expectations, Communicating With Board
Around one-third of C-suite executives said they believe their companies' cybersecurity leaders paint an overly rosy picture of their security programs, a survey finds.
Larry Fink Says World Leaders Must Address Growing Retirement Crisis
The BlackRock CEO's annual letter says demographics will strain retirement systems.
KuCoin and Its Founders Face Criminal Charges Over Money-Laundering Violations
U.S. prosecutors have filed criminal charges against KuCoin and two of its founders, accusing the global cryptocurrency exchange of violating U.S. anti-money-laundering laws.
M&A Gathers Steam for Biotech Startups
Mergers and acquisitions of venture-backed drug developers are starting to rebound following a relatively slow period in 2023, brightening the outlook for venture capitalists seeking to cash out of biotechnology investments.
James's Take: Rise of Continuation Funds Highlights Potential Conflicts
More private-equity firms are using so-called continuation funds to extend their hold on certain assets and allow investors in older funds backing those assets to potentially cash out. But the increasingly popular tool comes with its share of potential conflicts.
(END) Dow Jones Newswires
03-27-24 0715ET