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Higher Law: Hope for Long-Awaited Cannabis Banking Bill Dims

Supporters of the SAFE Banking Act are frustrated that despite two years of Democratic control of the White House and Congress, lawmakers have been unable to get the key piece of cannabis-related legislation passed.
10 minute read

Daily Business Review

Short Sellers' Damning Reports May Get Harder to Google

Google said it has worked hard to implement the right to be forgotten in the EU and "to strike a sensible balance between people's rights of access to information and privacy."
3 minute read

Daily Business Review

Carvana Pact Offers Blueprint for Battle-Weary Debt Investors

Carvana and its creditors are getting ready to do battle over restructuring the company's debt, most of which is unsecured.
4 minute read

Daily Business Review

Stocks See Up Day Ahead of Key Inflation Numbers

Traders are awaiting key inflation figures for clues on whether the Federal Reserve will be able to notch down its aggressive tightening campaign.
3 minute read

Daily Business Review

JPMorgan to Boost Latin American Private-Banking Team by 25%

Banks around the world have been competing for wealthy individuals, bolstering their advisory and lending practices to capture more assets.
3 minute read

Daily Business Review

Mass Long-COVID Disability Threatens the Economy: Edwards

Estimates based on Census data suggest that long COVID is keeping the equivalent of as many as 4 million working-age adults away from work.
3 minute read

Daily Business Review

BNP Paribas Hires Bankers to Bolster Americas Market Presence

BNP Paribas said it's working to further position itself as a European alternative for U.S. corporates that need financing for equity capital markets and mergers and acquisitions activity.
2 minute read

Daily Business Review

Bankers Face ESG Risk With Potential to End Deals, Study Shows

In the European Union and the U.K., survey respondents now point to the rise in regulations covering everything from environmental, social and governance to data privacy and antitrust laws as a principal factor driving disagreements between mergers and acquisitions parties.
2 minute read

Daily Business Review

Swiss Banks Probed Over Suspicion Junior Pay Being Capped

European lenders from Spain to Germany have faced staff cost pressures as higher inflation prompts demands for fatter pay packages.
2 minute read

Daily Business Review

Credit Suisse Offers Higher Rates to Rebuild Depleted Assets

Credit Suisse is fighting to regain stability in what is supposed to be one of its least volatile businesses and the centerpiece of the revamped institution: managing money for the wealthy.
4 minute read

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