Banks involved in Archegos meltdown face DOJ probe – Bloomberg Law

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Banks involved in Archegos meltdown face DOJ probe – Bloomberg Law

… corporate collusion are examining how global banks handled multibillion-dollar trades with Bill Hwang's Archegos Capital Management, Bloomberg
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BIS Proposed Capital Requirements For Cryptoassets: Vital Move, But They're Too Low For Bitcoin

Traditional banks are simply not set up operationally or technologically to hold on-balance sheet assets, such as bitcoin, that settle in minutes with irreversibility. Bitcoin has no operational fault tolerance. This is …
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Eli Lilly Alzheimer's Drug Gains FDA Breakthrough Status

Analysts surveyed by Bloomberg currently estimate donanemab's 2024 sales at $358 million. (Updates throughout).
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Klobuchar Says 'Small But Mighty' Group Is Out to Bust Trusts

Klobuchar, who chairs the Senate antitrust subcommittee, spoke in a Bloomberg TV interview as a House committee slogged through day two of a
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Canada Goose to go fur-free in 2022

Winter clothing maker Canada Goose announced Thursday that the firm will stop purchasing fur by the end of this year and will go fur-free by the end of 2022. Animal rights groups are declaring victory over the move after the apparent success of campaigns …
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