New York Community Bankcorp shares soar on Signature deal
New York Community Bank shares are up on Monday after the company announced it would purchase financial and strategic complimentary assets from Signature Bridge Bank for roughly $38 billion.
Bitcoin slides on Silvergate fallout
The price of bitcoin is down on Thursday after another cryptocurrency exchange, Silvergate Capital, prepares to liquidate following a $1B quarterly loss and dip in digital asset demand.
GOP AGs urge lawmakers to reject Biden reversal of Trump-era rule limiting retirement funds in ESG companies
Attorneys general from 27 states sent Congress a letter Tuesday urging lawmakers to disapprove a Labor law allowing retirement companies to more freely invest in ESG companies.
JPMorgan Asset Management adds $500M of southern timberland
Forest carbon deals tend to happen in regions where mills have closed and log prices have declined. The market for timberlands topped $5 billion last year.
SEC charges Goldman Sachs Asset Management with not following ESG investments policies
The $4 million dollar fine from the SEC was for practices in 2017 and 2018 that left ESG undefined and at the discretion of Financial Advisors in ESG funds
Nasdaq board-diversity rule takes center stage in court battle
The Nasdaq's new rule on corporate board diversity is being taken to court in the New Orleans-based Fifth U.S. Circuit Court of Appeals over its constitutionality.
Batman No. 1 copy to sell for $1.8 million – but only in fractional ownership
Rally aims to provide a variety of assets for investment on its platform, including whiskey, baseball cards and comic books.
Office 'love contracts' curb company risks, but aren't foolproof
Office relationships have been the topic of recent controversies as high-level execs at big companies have lost their jobs for their office romances.
UBS hit with $51M fine for allegedly overcharging clients
UBS is accused of overcharging clients between 2008 and 2017.
US economy on track, but avoid retail: Blackstone’s Schwarzman
While bullish on the U.S. economy, Blackstone CEO says to avoid retail