Mehnaz Yasmin
Stories by Mehnaz Yasmin
US firms facilitated investments into blacklisted Chinese companies, says House probe
US index providers and asset managers channeled $6.5b last year to 63 Chinese companies flagged by the US government.
First Republic Bank exploring up to $100b in asset sales: report
A sale would help reduce the bank's asset-liability mismatch.
Bankrupt FTX to sell crypto derivatives platform LedgerX for $50m
FTX will seek US bankruptcy court approval for the sale at a May 4 hearing.
SVB Financial Group files for bankruptcy protection, seeks buyers for its assets
Its former unit Silicon Valley Bank was taken over by US regulators.
Apollo, Blackstone & KKR eye SVB’s book of loans
The loan portfolio was not a contributing factor in the bank run that caused SVB's demise.
SVB Financial hires restructuring veteran, mulls strategic options
SVB Financial named William Kosturos as its chief restructuring officer.
US transportation tech company Via valued at $3.5b after latest fundraise
The company raised $110m in a funding round led by 83North.
Goldman Sachs to lay off up to 4,000 people: Report
Goldman's headcount swelled to over 49,000 at the end of Sept, up 14% from a year earlier.
IPO market freeze sparks 80% drop in Nasdaq listings
A total of 156 firms listed on the Nasdaq this year, a far cry from 743 last year.
FTX founder Bankman-Fried set to testify before US House panel
US authorities are understood to have sought information from investors and potential investors in FTX in recent weeks.