WASHINGTON, March 30 (Reuters) – The Biden administration has urged banking authorities to tighten regulation of medium-sized banks, which it said could be implemented without support from a divided Congress. Banks with between $100 billion and $250 billion in assets should hold more liquid assets, increase their capital, undergo regular stress tests and write “living … Read more
March 30 (Reuters) – Apple Inc (AAPL.O) on Thursday persuaded a US appeals court to uphold a patent tribunal ruling that could jeopardize a $502 million judgment for patent licensing company VirnetX Inc in its long-running battle of the companies for privacy software technology. The U.S. Court of Appeals for the Federal Circuit upheld a … Read more
NEW YORK, Sept. 29 (Reuters) – A nearly $16 billion JP Morgan fund is expected to reset its options positions on Friday, possibly adding to stock volatility at the end of a dismal quarter for equities. Analysts have historically pointed out that the JPMorgan Hedged Equity Fund’s quarterly reset has been troubled markets, seeing this … Read more
NEW YORK, March 30 (Reuters) – Indicted founder of the FTX cryptocurrency exchange, Sam Bankman-Fried, pleaded not guilty on Thursday to fresh US charges of conspiracy to violate campaign finance laws and bribe Chinese authorities. Bankman-Fried, 31, entered the plea for the new 13 count indictment at a hearing before U.S. District Judge Lewis Kaplan … Read more
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