Citigroup Inc. has parted ways with Paul Barrett, an executive in its private bank, after The Wall Street Journal reported on his ties to Jeffrey Epstein. Mr. Barrett is a former managing director at JPMorgan Chase & Co., which counted Epstein as a client until 2013. Mr. Barrett is among ...Read More

Last week, WeWork was forced to issue an embarrassing press release warning that it was in danger of being delisted from the NYSE because the stock has traded below $1 for so long. In 2019, prior to a disastrous attempt to go public that resulted in the exodus ...Read More

With the failure of Silicon Valley Bank, the U.S. startup ecosystem lost an important business partner. But the greater fallout could be what’s coming next: a spate of tighter regulations directed not just at midsize banks like SVB — but also at private companies ...Read More

Some top US technology companies are forcing workers to sign allegedly illegal labor agreements, according to complaints filed with the Securities and Exchange Commission, despite years of enforcement by the agency against the practice. Firms, including an Apple Inc. subcontractor, Electronic Arts Inc. and Block Inc. improperly used non-disclosure agreements ...Read More

The trial against ex-OpenSea product manager Nathaniel Chastain is set to begin later this week, nearly a year since he was arrested in New York City for wire fraud. Chastain’s arrest came on the tail-end of an FBI investigation into his non-fungible tokens (NFT) dealings, which alleged he had secretly ...Read More

In an April 21 tweet, Armstrong said it is “important for regulators to set policy and THEN enforce it. Not start with enforcement before there are clear rules.” He argued that U.S. lawmakers may need to reign in the SEC to prevent the country’s crypto ...Read More

The 44-page PowerPoint presentation to federal banking regulators was clear and direct: Letting companies pay their chief executives in stock that the CEOs could sell while still working for the companies risked disaster. Years of research showed that the existing structure for paying Wall ...Read More