New York Financial News

₹399 Cr in Q1 FY23 and by 44% on QoQ basis from Rs. 159 Cr in Q4 FY23. Express Parcel shipment volumes grew 19% YoY to 182 million in Q1 FY24 from 152 million shipments in Q1 FY23.

Coinbase on Friday asked a federal judge to end the U.S. Securities and Exchange Commission's case against it that alleges the cryptocurrency exchange has violated U.S.

Ilya Lichtenstein, 35, and Heather Morgan, 33, were arrested in February last year after the US government seized 95,000 bitcoin then valued at $3.6 billion. Prosecutors said the pair stole the bitcoin in 2016 using «advanced hacking tools.» Authorities recovered the funds from wallets controlled by the duo. Since their arrests, the government has seized another approximately $475 million tied to the hack, the Southern District of New York said in a statement.

Freddie Mercury might wonder if this is the real life, or just fantasy, when they walk into a near-replica of his London home, where thousands of items belonging to the late Queen frontman will be on exhibition starting Friday. Rare items including handwritten lyrics, art and collectibles from Mercury's London home, Garden Lodge, have been looked after by his close friend Mary Austin since his death from AIDS-related pneumonia in 1991. They will go on public display for the first time in the month-long exhibition at Sotheby's, which will then auction many of the items in September, with prices ranging from as low as 40 pounds to millions of pounds. «We've conceived our gallery spaces to give it a sense of what it was like living with Freddie at home,» said David MacDonald, head of single owner sales at Sotheby's London said. «If he was to walk in, he'd instantly recognise some of the spaces we've created,» MacDonald said.

Bank of America has made two high-profile changes in its investment bank, building on a successful strategy of elevating Australian bankers into broader regional roles this year.

Canada’s main stock index closed down almost 100 points Thursday despite strength in energy stocks, while U.S. markets also moved lower a day after rating agency Fitch downgraded the U.S. government’s credit rating from AAA to AA+.

New York-based crypto exchange Coinbase reported revenue in the amount of $708 million in the second quarter of 2023, despite the regulatory issues it's faced in recent months, boosted by a custody deal with Blackrock and institutional focus.

By Diane Bartz

By Chibuike Oguh

By Luc Cohen

Stocks that are trading heavily or have substantial price changes on Thursday: Clorox, Wayfair rise; Hyatt Hotels, Host Hotels & Resorts fall

The Consumer Financial Protection Bureau has sued USASF Servicing, the financial arm of a chain of auto dealerships found mostly in the South

Federal regulators are warning consumers that now-recalled lots of the Tydemy birth control pill “may have reduced effectiveness” due to decreased levels of a key ingredient of the product

Federal prosecutors say a Connecticut man was given nearly $300,000 in fraudulent Home Depot credit by walking into stores in several states, taking expensive doors and then returning them without a receipt

Stocks are mixed as Wall Street’s red-hot rally this year cools a bit more

Some of the largest U.S. fashion brands and retailers have made their way into the adaptive-wear market

Those ads showing caged dogs and desperate looking cats while Canadian singer Sarah McLachlan’s “Angel” played in the background have been not just effective at making viewers sad, but also remarkably successful at raising money for the American Societ...

The New York Times has submitted a filing in the criminal case against former FTX CEO Sam Bankman-Fried (SBF), arguing the court should defend First Amendment rights by allowing certain parties to provide information to members of the media.

The normally irrepressible <a href=«https://twitter.com/HighyieldHarry/status/1686462929254658049?ref_src=» https: style=«color:#0563c1; text-decoration:underline»>finance meme accounts interrupted their stream of humour yesterday, as the terrible news came through that John Castic’s body had been found in Newtown Creek, half a mile away from the Brooklyn Mirage nightclub where he was last seen.  Castic seems to have been a follower of most of the big meme accounts, and apparently occasionally interacted with some of them.  In other words, a completely normal twentysomething banker from New York.

Citadel started this year by betting big on its energy trading business, and CEO of Citadel Energy Marketing.– former Morgan Stanley alum Jay Rubenstein – seems to be bringing in people with the same pedigree as him to bolster the business.

2023 may not be a bumper year for banks, but that doesn’t mean that banks aren’t on the look out for good risk managers to keep them out of (general) trouble.