New York Financial News
24.05 / 13:31
MAIL
Man
Subway
Shooter of Goldman Sachs researcher still at large as police hunt suspect
Police are still searching for the man who shot dead a Goldman Sachs staffer on the New York subway on 22 May, according to reports, as his partner tells the media he was only taking the train to avoid paying for a surge-price taxi.
24.05 / 13:31
SEC
BNI
BNY
BNY Mellon fined by SEC over ESG claims
The Securities and Exchange Commission fined the investment management arm of Bank of New York Mellon $1.5m for misleading claims it made about funds that use environmental and social criteria to pick stocks.
23.05 / 21:47
SEC
BNI
BNY
BNY Mellon fined by SEC over ESG claims
The Securities and Exchange Commission fined the investment management arm of Bank of New York Mellon $1.5m for misleading claims it made about funds that use environmental and social criteria to pick stocks.
21.05 / 09:15
Blockchain
BitMEX
Court
Bitcoin
Arthur Hayes to serve 2-year probation owning up to BitMEX’s AML mishap
Bringing closure to the long-awaited judgment related to the money laundering activities over the BitMEX crypto exchange, one of the four federal district courthouses in New York reportedly sentenced two-year probation and six months of home detention to founder and ex-CEO Arthur Hayes.
20.05 / 22:57
business
Mining
Crypto miners
3K+ Bit Digital hosting partner's crypto miners go offline after explosion and fire
New York-headquartered crypto mining firm Bit Digital reported two of its hosting partners ceased operations to more than 4,800 rigs following power disruptions at different facilities.
20.05 / 09:27
JPMorgan
NOT
Davos will not be the same with no-shows and no snow
There will be something very different about the World Economic Forum’s schmooze-fest in Davos this year. Not only is it being held in May rather than the traditional January because of the pandemic, it will also be without Jamie Dimon. The JPMorgan chief executive will not be hosting the bank’s usual star-studded party and will not be making late night appearances in the Swiss resort’s famous piano bar.
19.05 / 20:33
business
Stablecoin
Tether
Fiat Money
Holdings
reports
Tether reports 17% decrease in commercial paper holdings over Q1 2022
USDT Stablecoin issuer Tether has reported it cut its reserves allocation to commercial paper investments and increased that of United States treasury bills over the first quarter of 2022.
18.05 / 22:47
business
Facebook
Payments
Meta trademark filing hints at plans for crypto payments platform
Social media giant Facebook's parent company, Meta, may be planning to launch a payments platform with support for cryptocurrency.
18.05 / 22:21
Hedge funds to crypto traders: ‘Told you it was a bubble’
Investors are being bombarded from all angles. Covid continues, inflation is rampant, war rages in Ukraine, and tech stocks are deflating.
18.05 / 10:23
Fed’s Evans: Inflation Is Much Too High and Fed Must Act
Federal Reserve Bank of Chicago President Charles Evans said Tuesday that aggressive central bank rate rises are needed to get inflation back under control.
18.05 / 04:23
Hedge funds to crypto traders: ‘Told you it was a bubble’
Investors are being bombarded from all angles. Covid continues, inflation is rampant, war rages in Ukraine, and tech stocks are deflating.
18.05 / 00:47
18.05 / 00:33
UPS
FIVE
CFTC
regulation
committee
Commissioner Kristin Johnson to sponsor CFTC Market Risk Advisory Committee
United States Commodity Futures Trading Commission (CFTC) commissioner Kristin N. Johnson was named the sponsor of the agency’s Market Risk Advisory Committee (MRAC) on Tuesday. She replaced CFTC chair Rostin Behnam in that role.
17.05 / 20:25
JPMorgan
NOT
Davos will not be the same with no-shows and no snow
There will be something very different about the World Economic Forum’s schmooze-fest in Davos this year. Not only is it being held in May rather than the traditional January because of the pandemic, it will also be without Jamie Dimon. The JPMorgan chief executive will not be hosting the bank’s usual star-studded party and will not be making late night appearances in the Swiss resort’s famous piano bar.
17.05 / 15:39
UPS
Lowe's
Tether
Investors withdraw over $7 billion from tether, raising fresh fears about stablecoin's backing
Investors have withdrawn more than $7 billion from tether since it briefly dropped from its dollar peg, raising fresh questions about the reserves underpinning the world's largest stablecoin.
17.05 / 15:21
Twitter
Social Media
M&A
Deal
elon
Elon Musk Could Renegotiate Twitter Deal as Bot Number 'Unknowable as the Human Soul'
In another installment of Elon Musk’s journey towards acquiring social media giant Twitter, the billionaire is apparently aiming to renegotiate his bid to take over the platform, declaring that a lower price tag would not be “out of the question.”
17.05 / 15:19
Hedge funds to crypto traders: ‘Told you it was a bubble’
Investors are being bombarded from all angles. Covid continues, inflation is rampant, war rages in Ukraine, and tech stocks are deflating.
17.05 / 07:13
business
Blockchain
Miami
Miami and New York City coins tank despite Mayoral endorsements
Despite being publicly endorsed by the respective mayors of both cities, MiamiCoin (MIA) and NewYorkCityCoin (NYC) have plunged 90% and 80% since their all-time highs.
16.05 / 21:15
business
IPO
Mining
SEC
network
Celsius Network's crypto mining subsidiary SEC filing suggests plans for IPO
Celsius Mining, the mining subsidiary of crypto lending platform Celsius Network, has filed paperwork with the United States Securities and Exchange Commission, or SEC, suggesting plans for an initial public offering (IPO).
16.05 / 20:57
Williams
Fed’s Williams Says Bond Market Functioning Well in Uncertain Times
Federal Reserve Bank of New York leader John Williams said Monday that bond market volatility doesn’t look problematic to him, in comments that reiterated his view that the central bank will need to forcefully tighten monetary policy to contain inflation.
16.05 / 11:25
cryptocurrency
Grayscale
CryptoExplainer
Grayscale To List A Digital Assets Exchange-Traded Fund (ETF) In Europe
Grayscale to launch digital assets ETF in UK, Italy, Germany
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