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The U.S. Treasury Department on Monday said its Financial Crimes Enforcement Network unit is planning to propose a long-awaited rule aimed at curbing money laundering in real estate in early 2024. ...
Trading in the options of Cerevel Therapeutics Holdings Inc experienced an unusual surge along with its stock price in the days before Wednesday's announcement that AbbVie would buy the drug developer in a multi-billion dollar deal. AbbVie said after the market close on Wednesday it would buy Cerevel for about $8.7 billion in a bid to replace revenue as its huge-selling arthritis drug Humira faces a raft of new competitors. AbbVie's offer was priced at $45 a share.
U.S. bank supervisors are increasing scrutiny of lenders' risk management practices and taking disciplinary action as they try to fix problems that could lead to more bank failures, banking industry sources said. The changes follow the collapse of Silicon Valley Bank, Signature Bank and First Republic Bank earlier this year after depositor runs sparked, in part, by worries that high interest rates would hurt bank balance sheets.
U.S. District Judge Richard Jones in Seattle on Wednesday signed off on plea deals agreed by U.S. prosecutors, Binance Holdings and its former chief Changpeng Zhao, according to court documents.... -December 06, 2023 at 04:45 pm EST - MarketScreener
NEW YORK (Reuters) - Credit Suisse has reinstated an independent reviewer to oversee an investigation into the servicing of Nazi clients and Nazi-link...