Top U.S. financial regulators met on Monday to discuss stablecoins, asset-backed digital currencies that are exploding in popularity so quickly that the government is struggling to keep up — and […]
Money Market Funds Melted in Pandemic Panic. Now They’re Under Scrutiny.
In March 2020, the Federal Reserve had to step in to save the mutual funds, which seem safe until there’s a crisis. Regulation may be coming. By Jeanna Smialek The […]
JPMorgan draws public ire for financing a breakaway European soccer league.
European soccer fans are known for their intense passion for the sport. Now, they are aiming their ire at the American banking giant JPMorgan Chase for backing the so-called Super […]
Current and former investment bankers react to claims of workplace abuse by junior analysts at Goldman Sachs.
Last week, a presentation by a group of junior bankers at Goldman Sachs went viral on social media, in which they complained about what they described as workplace abuse, including […]