Exodus Financial News

11.06 / 23:21

Exodus dealmaking ‘The sharks start circling’: Dealmaking tie-ups raise spectre of culture clashes and talent exodus

This year’s deal drought has sparked a flurry of high-profile mergers as big players have swooped on smaller rivals — but investment bank tie-ups rarely run smoothly.

31.05 / 14:55

Exodus UBS Takeover week Credit Suisse is losing 200 bankers every week after UBS takeover

Around 200 Credit Suisse staff are quitting the troubled Swiss lender every week as it battles a staff exodus amid its takeover by cross-town rival UBS.

10.05 / 23:29

Exodus LSE Executive executive pay Investors defend executive pay curbs after LSE chief’s criticism

Asset managers have defended their votes to curb excessive executive pay, arguing they are not to blame for the exodus of UK talent to the US after recent criticism from London Stock Exchange boss Julia Hoggett.

24.04 / 16:37

Citi Exodus StanChart’s Bill Winters says ESG will help banks win war for talent

The boss of Standard Chartered has said focussing on ESG will help banks win out in the war for talent.

05.04 / 18:17

Exodus Western Alliance shares cut losses after the bank says deposit outflows are stabilizing

Shares of Western Alliance Bancorp cut steep losses Thursday after the regional bank gave a new update showing deposit outflows stabilizing amid the banking crisis.

05.04 / 03:47

Provident Twitter BLOCK Binance CEO Exodus How Binance became the latest ‘talk of the town’ thanks to this tittle tattle

Cryptocurrency exchange Binance reportedly experienced a large exodus of BUSD on 3 April, 2023. This outflow was linked to FUD after the content of a Sha256 hash prediction by Twitter user @Cobie was published.

31.03 / 07:37

UPS Citigroup Exodus Citigroup hires Credit Suisse dealmaker Greg Dalle to co-head industrials in Europe

Citigroup has hired another senior Credit Suisse dealmaker as the exodus from the Swiss bank picks up pace in the wake of its emergency acquisition by rival UBS.

30.03 / 14:55

Citi Exodus Exodus From America’s Big Cities Slowed Last Year

Big cities lost fewer residents last year as more immigrants moved in, fewer people died and more babies were born there, according to new census data that shows the urban exodus that gained steam early in the pandemic is cooling.

30.03 / 11:51

Citi Exodus Exodus From America’s Big Cities Slowed Last Year as Pandemic Receded

24.03 / 15:25

Exodus China’s Economic Lifeline to Russia Gives Beijing Upper Hand

Chinese President Xi Jinping’s visit to Moscow—and the flurry of trade, energy and infrastructure deals discussed during his trip—has laid bare an increasingly uncomfortable truth for Moscow: In a relationship the Kremlin has long treated with the utmost caution, China is gaining the upper hand.

23.03 / 16:37

Exodus China’s Economic Lifeline to Russia Gives Beijing Upper Hand

21.03 / 21:45

CRA Exodus Morningstar Biden used first veto to save a 401(k) investment rule. Here's what it does

President Joe Biden used his first veto to preserve a recent U.S. Department of Labor rule about investment choice in 401(k) and other workplace retirement plans.

15.03 / 14:11

Tether USDT Pool Exodus USDC Holders Panic Sell Amid Solvency Concerns

USD Coin (USDC), a popular stablecoin pegged to the U.S. dollar, has been facing solvency concerns since March 10, leading several holders to panic sell their holdings and switch to other stablecoins. USDC's solvency fears arose after the disclosure that a portion of USDC's collateral is held at Silicon Valley Bank, which was shut down by California authorities after revealing efforts to raise extra capital. The news of the bank's closure and USDC's collateral in it caused concern among USDC holders, leading to panic selling and mass exodus.

15.03 / 01:39

Blockchain Digital Platform Exodus China: >59,000 NFT-related complaints in 2022, claims regulator

The market for non-fungible tokens in China saw a boom last year. However, it seems that the growth in demand came with problems of its own. The country’s State Administration for Market Regulation has released a report ahead of the World Consumer Rights Day. It revealed that the regulator received thousands of complaints related to NFTs in 2022.

13.03 / 21:35

Blockchain UPS Ethereum ETH Exodus Withdrawals Updates Ethereum: Shanghai withdrawals and recent updates for ETH holders

Within a few weeks, the $28 billion worth of staked ether (ETH) will start to become available thanks to Ethereum’s Shanghai upgrade.

10.03 / 20:43

JPMorgan Chase Exodus SVB Fintech startup Brex got billions of dollars in Silicon Valley Bank deposits Thursday, source says

Fintech startup Brex received billions of dollars in deposits from Silicon Valley Bank customers on Thursday, CNBC has learned.

09.03 / 02:33

UPS SEC coinbase Assurant Gemini Exodus Crypto-focused Silvergate Bank to shut down operations

The cryptocurrency market sees another player close business. Silvergate Bank, the troubled crypto-focused bank, has decided to cease operations and liquidate its assets. In an announcement made today, Silvergate Captial Corporation – the parent company of the bank – stated that the decision was influenced by “recent industry and regulatory developments.” The press release said,

07.03 / 11:09

Citi Strategy Exodus London’s exodus to Wall Street to continue as UK stocks hit record 40% discount, Citi says

The UK stock market trades at a record 40% discount to the US, a cheap rating that is hastening flight from the City of London, according to Citi.

17.02 / 12:39

Binance Exodus BUSD exchange outflows reach monthly peak as Paxos fuels mass exodus

The regulatory hammer has fallen hard and this time it has come down hard on Paxos, the issuer of BUSD. As a result, a bank-run type of event ensued as investors dropped BUSD.

16.02 / 11:03

Exodus Fees from ESG funds jump almost 400% despite brutal 2022 for asset managers

Asset managers have seen fees from some sustainable funds jump almost 400%, a saving grace in what was otherwise a dire year for the industry.

13.02 / 19:52

COST Digital JPMorgan Chase Exodus Ukraine plots post-war rebuilding effort with JPMorgan Chase as economic advisor

Ukraine's government signed an agreement with JPMorgan Chase to help advise the war-afflicted country on its economy and future rebuilding efforts.

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