Short Seller Hindenburg Says Jack Dorsey’s Payments Company Inflates User Numbers
Markets Shares in Block Inc.—formerly known as Square—fell after Hindenburg Research released the results of what it called a two-year probe Source link More...
Charles Schwab Says It Could Ride Out a Deposit Flight
Charles Schwab Corp., one of a host of financial firms that have taken a drubbing since the collapse of several regional banks this month, is pushing back against fears that it could face some of the same problems More...
UBS Faces Tough Choices as It Weighs Up Credit Suisse's Asian Business
Combining two institutions that have vastly different approaches to risk could be difficult. Source link More...
Pet Shop Boys Are Singing the Blues
Steep price increases for food and supplies are affecting Petco and Chewy. Source link More...
Macro Hedge Funds Hit by Financial Turmoil
Markets Financial Services Hedge Funds Big bond moves sparked by bank failures inflict pain on Maniyar, Haidar funds Source link More...
It Wasn’t Just Credit Suisse. Switzerland Itself Needed Rescuing.
ZURICH—The chairman of Switzerland’s largest bank received an urgent call last week. On the other end were three top Swiss officials who delivered an ultimatum dressed up as a proposal. UBS Group AG needed More...
SEC Plans Lawsuit Against Coinbase, According to Exchange
Markets Currencies Cryptocurrency Regulator believes largest U.S. crypto exchange violated investor-protection laws Source link More...
Fed Hiked and So Did Silicon Valley Bank
Markets Heard on the Street The Federal Reserve erred on the side of inflation caution and noted that bank turmoil will tighten conditions Source link More...
Celebrities Lindsay Lohan and Jake Paul Illegally Touted Crypto Assets, SEC Says
Markets Currencies Cryptocurrency Regulator also sues Justin Sun, whose company sold tokens TRX and BTT Source link More...
Eli Lilly Is Priced for Perfection in the Obesity Market
The company has outperformed its pharma peers in recent years, but its valuation leaves little room for error. Source link More...
