FTX says Bahamas regulators hold $296 million, not $3.5 billion of company’s assets
FTX on Friday disputed claims by the Securities Commission of the Bahamas (SCB) that the regulator was holding $3.5 billion of the bankrupt cryptocurrency exchange’s assets.
Analysis: Russian law on stock conversion baffles global banks, clients
Global investors and banks have been voicing confusion about their efforts to convert depositary receipts of Russian companies into ordinary shares in compliance with a new Russian law, according to advisors and client communications from the banks.
How confusion around Biden policies birthed a new refugee camp on the U.S. border
A red pickup truck pulls up next to a migrant tent encampment in the Mexican city of Tijuana, its bed filled with loaves of bread and clothes. Men, women and children run to meet it. “A line! Form a line!” someone yells. A woman in a long skirt climbs into the truckbed and begins to […]
