UBS said Monday that it has completed its takeover of embattled rival Credit Suisse, nearly three months after the Swiss government hastily arranged a rescue deal to combine the country’s two largest banks in a bid to safeguard Switzerland’s reputation as a global financial center and ...Read More

This week, he delivered on that threat, big time. The Securities and Exchange Commission unveiled a barrage of charges against two of the world’s largest crypto exchanges — Coinbase and Binance — kicking off a legal battle that will help define the future of ...Read More

If it were his choice, O’Leary Ventures Founder and Shark Tank investor Kevin O’Leary would fire Coinbase’s CEO amid the Security and Exchange Commission’s (SEC) crackdown on cryptocurrency. O’Leary, also known as “Mr. Wonderful,” criticized Coinbase (COIN) CEO Brian Armstrong for “butting heads” with the ...Read More

It’s been quite a long week (and it’s not over yet). Unless you live under a rock, you know that the U.S. Securities and Exchange Commission came out guns blazing on Monday and Tuesday, by suing the two largest crypto exchanges, Binance and Coinbase, ...Read More

The Securities and Exchange Commission filed 13 charges against Binance, the world’s largest crypto exchange, and its co-founder Changpeng Zhao, alleging that both comingled billions of dollars worth of user funds and sent them to a European company controlled by Zhao. The U.S. regulator alleged that Zhao ...Read More

The former JPMorgan Chase executive and Barclays CEO Jes Staley has alleged that he communicated with JP Morgan’s chief executive, Jamie Dimon, about the convicted sex offender Jeffrey Epstein, a contradiction of Dimon’s testimony, in a lawsuit brought by the US Virgin Islands against JP ...Read More

Goldman Sachs is preparing for its third round of layoffs since September as Wall Street firms adjust to a slump in deals activity. The company is expected to trim fewer than 250 jobs in the coming weeks, a person with knowledge of the New York-based ...Read More