Pete Schroeder
Stories by Pete Schroeder
US regulator says national banks can engage in some crypto activities
The activities include crypto-asset custody and some stablecoin activities.
Trump orders creation of US sovereign wealth fund, says it could buy TikTok
Trump had previously floated such a government investment vehicle.
Biden’s curbs on Chinese tech investments are too vague: US investors
PE-VC firms, hedge funds, and banks are likely to be affected by the proposal.
Global banking turmoil brings back memories of 2008, may trigger reforms
Regulators, led by the Fed, may tighten existing rules on smaller firms.
JPMorgan, Goldman, others swoop in with $30b rescue for First Republic Bank
The deal was put together by power brokers including treasury secretary Janet Yellen.
Goldman Sachs may plead guilty, pay $2b fine to settle U.S. 1MDB probes
The discussions could also involve Goldman installing an independent monitor to oversee and recommend changes to its compliance procedures.
