5+ day, 22+ hour ago   (828+ words) The $320 million hack of the Bitcoin-linked Liquid Network is another dent to crypto’s reputation as the industry tries to convince banks and institutional investors that digital assets can become part of mainstream financial infrastructure. The damage extends beyond the Bitcoin…...

1+ week, 5+ day ago   (330+ words) German investment firm Deutsche Finance said it’s suing Bayerische Versorgungskammer in a U.S. court, alleging the pension group unduly interfered in the management of several real estate investments and then blamed it for the resulting losses. Deutsche Finance Holding and its…...

2+ week, 22+ min ago   (413+ words) KKR & Co. is set to reap a $3.3 billion windfall from its deal to sell USI Insurance Services to Aon Plc for $17 billion, a significant exit for a unit that’s invested its balance sheet in long-term private equity bets. The transaction…...

2+ week, 5+ day ago   (273+ words) A federal judge rejected the bankruptcy-payout plan of defunct auto-parts maker First Brands, concluding the proposal to raise money by suing a long list of insiders and business partners was not realistic. U.S. Bankruptcy Judge Christopher Lopez sided with a group…...

2+ week, 6+ day ago   (605+ words) JPMorgan Chase & Co. and Morgan Stanley are among banks shareholders are suing over their roles on multibillion-dollar buyout deals after a recent corporate-law overhaul failed to protect financial advisers from potential liability. JPMorgan and Morgan Stanley have each faced two…...