New York Digital Investment Group Granted BitLicense

New York's Department of Financial Services (DFS) has granted a BitLicense to the New York Digital Investment Group (NYDIG), allowing it to offer crypto-related services in the state.

Buffett’s Berkshire helps bankroll Occidental’s $38 billion bid for Anadarko –...

Warren Buffett's Berkshire Hathaway Inc committed $10 billion on Tuesday to Occidental Petroleum Corp's $38 billion cash-and-stock bid for Anadarko Petroleum Corp, boosting its chances of snatching a deal from Chevron Corp.

U.S. Consumer Sentiment Drops More Than Initially Estimated In October

Consumer sentiment in the U.S. deteriorated by slightly more than initially estimated in the month of October, the University of Michigan revealed in a report released on Friday.

Goldman Sachs-Backed Crypto Firm Circle Seeks $250 Mln In Funding: Report

Cryptocurrency startup Circle Internet Financial Ltd, which is backed by Goldman Sachs, is seeking to raise about $250 million in equity and debt, according to a report by technology news website The Information.

Goldman Sachs fires back after Malaysia charges bank in 1MDB probe

Goldman Sachs fired back that the previous Malaysian government had lied to the investment bank.

FIS and Worldpay to Combine to Accelerate the Future of Finance...

FIS™ (NYSE:FIS), a global leader in financial services technology, and Worldpay, Inc. (NYSE:WP; LSE:WPY), a global leader in eCommerce and payments, a

Deutsche Bank plans cuts in U.S. equities, prime unit: sources –...

Deutsche Bank is planning cuts at its U.S. equities business, including prime brokerage and equity derivatives, to win over shareholders unhappy about its performance, four sources familiar with the matter told Reuters.

Citi To Begin Offering Direct Custody & Clearing Services To Clients...

Citi (C) said that it will begin offering Direct Custody & Clearing or DCC services to clients in Norway, starting mid-November. The new offering expands Citi's proprietary DCC network to over 60 markets globally including 37 markets across Europe, the Middle East and Africa or EMEA.

Bitfinex Covered $850 Million Loss Using Tether Funds, NY Prosecutors Allege

New York's Attorney General has obtained a court order against crypto exchange Bitfinex's operator iFinex as well as stablecoin company Tether.

J.P. Morgan To Merge Two Banks In Europe; Boost Presence In...

J.P. Morgan Chase & Co. (JPM) on Tuesday announced corporate restructuring plans that will establish a significant Wealth Management business operation in Luxembourg and also enhance capabilities in divisions of its Corporate & Investment Bank - Treasury Services and Custody & Fund Services.