One of Britain’s top asset managers Abrdn has announced a deal to buy Interactive Investor for $2 billion as big banks continue seeking out deals that they hope will win them the next generation of investors and retail traders. The company’s all-cash deal for Interactive Investor , sees the asset manager acquire a financial services platform that provides flat-fee retail trading and...
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Why the CFTC’s Binance Lawsuit Is Good News for Coinbase
Privately held crypto exchanges are setting new lows in corporate governance. If you thought the initial bankruptcy filing for Sam Bankman-Fried’s FTX was stunning in what it revealed about how that company was run, check out the Commodity Futures Trading Commissions lawsuit against Binance today. Here’s a business empire controlled by one person, Changpeng Zhao, which has no board of directors...
Zoom Adds OpenAI Productivity Features, Launches Digital Assistant
Ten Private Equity Firms Contacted Sumo Logic Before Buyout
Lyft CEO Steps Down, Likely to Spark Sale Speculation
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