Deal Financial News

17.11 / 18:45

Deal Russia Agrees to Renew Ukraine Grain Deal

Moscow agreed to renew an arrangement with Ukraine, Turkey and the United Nations that allows for the export of Ukrainian agricultural products through the war-torn Black Sea region.

17.11 / 15:15

business Government Bitcoin Deal FTX acquisition no more: Canadian exchange Bitvo backs off the deal

The Canadian cryptocurrency exchange Bitvo has terminated its expected acquisition agreement with FTX to continue operating independently.

17.11 / 14:05

VISA Sport Gaming Deal Major Esports Team TSM Drops Record-Breaking $210M Sponsorship Deal with FTX

Professional esports organization TSM has suspended its partnership with FTX and dropped ‘FTX’ from its name. And it's far from being the only company to end a business deal with the collapsed crypto exchange.

17.11 / 05:23

business Blockchain Sport Gaming Deal Esports team TSM suspends $210M sponsorship deal with FTX

Professional esports organization Team SoloMid (TSM) (previously TSM FTX) has suspended its $210 million sponsorship deal with the now-bankrupt FTX crypto exchange “effective immediately” following the cryptocurrency trading platform’s shock collapse last week.

15.11 / 11:03

Deal Credit Suisse and Apollo strike deal for securitized products group

Credit Suisse Group has entered into definitive transaction agreements to sell a large part of its securitized-products group and other financing businesses to Apollo as it seeks to derisk its investment bank and divert capital to its core businesses.

14.11 / 19:07

Binance VISA DApp Bitcoin Cash Rugpull AIM Deal News Summary: Visa Pulls Plug on FTX Deal, New Rugpull, BCH May Become Legal Tender, Binance & Bitget Aim to Help Reduce FTX Impact

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

12.11 / 21:59

Deal week UK and France set to strike deal to stop migrants crossing Channel next week, say British media

The UK and France are on the verge of striking a deal to tackle migration across the English Channel, with an agreement possibly coming as early as Monday, British newspapers reported on Sunday.

10.11 / 19:45

Deal Goldman Sachs London banker pay slides 53% as deal fees fade

Goldman Sachs has more than halved the amount it has paid its London bankers so far in 2022, as dealmaking bonuses are expected to slide after a slump in fees.

10.11 / 11:59

UPS Binance Digital Rescue Deal Binance backtracks on deal to rescue FTX amid crypto firm’s $8bn shortfall

Crypto exchange Binance reversed course on a rescue offer for FTX on 9 November, leaving the prominent digital firm with an uncertain future as it faces a shortfall of up to $8bn, according to people familiar with the matter.

10.11 / 06:17

FTX Deal collapses Crypto's FTX Chief Looking At All Options After Binance Deal Collapses

Crypto's FTX CEO looking at all options as Binance deal collapses

10.11 / 01:31

business Blockchain Binance Rescue Deal Breaking: FTX’s Binance rescue deal falls apart in less than 48 hours

On Nov. 9, less than 48 hours after Changpeng “CZ” Zhao, CEO of cryptocurrency exchange Binance, announced his intentions to bail out troubled competitor FTX, the firm stated that it would not be pursuing the deal. Binance had signed a nonbinding letter of intent on Nov. 8 that allowed the firm to either fully acquire the FTX exchange, proceed with a partial acquisition of assets, or walk away from the agreement.

09.11 / 21:13

cryptocurrency FTX Crypto Exchange Bitcoin Rescue Deal Binance may scrap dramatic FTX rescue deal after reviewing rival's books: Report

Leading cryptocurrency exchange Binance may rescind its FTX rescue deal, Coindesk has reported. According to the publication, it is likely to not follow through with the proposal to acquire its troubled rival firm after reviewing the books of the company.

09.11 / 20:01

business Law Deal letter In staff letter, Binance CEO embraces scrutiny from regulators amid potential FTX deal

Changpeng Zhao, the chief executive officer of crypto exchange Binance also known as “CZ,” warned users its intention to acquire FTX may invite scrutiny from global regulators — but the firm is ready.

09.11 / 13:29

cryptocurrency MARKET FTX Bitcoin Deal Cryptos attempt to steady as Binance-FTX deal chills market

Cryptocurrencies were jittery and groping for a floor on Wednesday, after a sharp and broad drawdown when nerves about the stability of exchange FTX turned to a rush of withdrawals and ultimately a bailout deal from bigger rival Binance.

09.11 / 12:07

Lowe's Binance Bitcoin Rescue Deal Binance-FTX rescue deal slammed as ‘humiliation to decentralisation’ as crypto prices slump

Binance’s surprise buyout of rival crypto exchange FTX has tanked the price of bitcoin, drawn intense criticism from some corners of the crypto industry and is already prompting antitrust concerns.

08.11 / 21:55

business Twitter Binance Bitcoin Deal FTX Token, BNB and Solana soar after Binance CEO inks potential deal to acquire FTX

FTX Token (FTT) and Solana’s SOL (SOL) endured a tough weekend of trading that saw altcoins take double-digit losses in the 15%–30% range, but the tide turned as news broke that Binance could be in the process of acquiring FTX.

08.11 / 19:51

Binance Deal Binance says it will buy FTX in crypto mega-deal

Crypto exchange Binance said on 8 November that it had signed a letter of intent to acquire rival FTX Trading, which it said was facing a liquidity crunch.

08.11 / 05:21

Provident Ripple Software Deal M&A tech firm Datasite axes staff as deal boom slides

A software firm that works with the world’s biggest investment banks to automate grunt work has laid off staff as a slowdown in deals begins to ripple across the industry.

07.11 / 14:43

UPS JPMorgan Deal JPMorgan’s investment bank boss: Deal slump is a chance to find talent

The slump in dealmaking is a good time to pick up senior talent, according to JPMorgan’s global co-head of investment banking.

03.11 / 00:17

Deal peace end Ethiopia: Peace deal signed to end conflict in Tigray region

The Ethiopian government and rebels from the northern Tigray province have agreed to a permanent cessation of hostilities. No one knows how many have died, but over two years of brutal war, the number is thought to be in the hundreds of thousands.

02.11 / 17:37

business Technology Food Deal Ukraine war: Moscow rejoins grain deal; Russian missile strikes continue; and UK sanctions

Here are the latest news developments from Russia's war in Ukraine.

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