fintech / news / / MarketScreener
HSBC set aside $400 million relating to an alleged fraud in private markets in the U.K. New York investment firm KKR ticked down even after it swung to a quarterly profit.
HSBC set aside $400 million due to an alleged U.K. private markets fraud exposure.
KEY POINTS
- The SEC proposed allowing public companies to file reports semiannually instead of quarterly.
- Anthropic is launching new AI agents specifically for financial services ahead of a potential 2024 IPO.
- Coinbase is laying off 700 employees as part of a major cost-cutting initiative.
COMPANIES
Summarized by Newsio from MarketScreener. How we summarize →