JPMorgan has ordered the sale of the $75-million superyacht linked to a sanctioned Russian billionaire, attracting 63 bids at an auction in Gibraltar. The Office of the Admiralty Marshal in … Read more
The founders of crypto hedge fund Three Arrows Capital (3AC) have gone missing after filing for bankruptcy. 3AC founders and former Credit Suisse traders Zhu Su and Kyle Davies, once … Read more
The US Securities and Exchange Commission (SEC) has started investigating Goldman Sachs’ regarding breaches in their environmental, social, and governance (ESG) investment offerings. The SEC reportedly flagged two funds handled … Read more
Investment giant Softbank announced that its Vision Funds unit lost 3.5 trillion yen ($27.5 billion) in the fiscal year that ended in March. SoftBank’s Vision Fund, which invests in high-growth … Read more
SoftBank announced late Tuesday that it will commit $3 billion for a private investment funding that will be focused on technology companies in the Latin American market. In a statement, … Read more
Investment firm Vanguard Group Inc. is offering a $1,000 incentive to their US-based employees who get vaccinated by October. Bloomberg reported on Wednesday that the offer will apply to staff … Read more
PayPal and Visa have invested in the venture capital firm Blockchain Capital whose latest and fifth funding, estimated to be around $300 million, was announced on Tuesday. “Investing in Blockchain … Read more
Hong Kong’s financial watchdog fined the Asian unit of Goldman Sachs Group Inc. $350 million for its involvement in the state fund 1Malaysia Development Berhad bribery scandal, the regulator said on Thursday.
Berkshire Hathaway agreed to pay $4.14 million as settlement for the 144 shipments of its foreign subsidiary that allegedly violated Iran sanctions, the United States Treasury Department said in a statement last October 20.