Sectors
US Banks to Increase Loans to Oil and Gas Companies as Europeans Reduce Theirs Over Climate Change Concerns
U.S. regional banks are filling the lending gap for oil, gas, and coal companies left by European lenders amid climate concerns, with banks like Citizens Financial Group Inc., BOK Financial Corp., and Truist Securities Inc. increasing fossil-fuel loans.
JPMorgan Asked By Carlyle Group to Help in the Initial Public Offering of its Company in India
JPMorgan and Kotak Mahindra Bank are enlisted by Carlyle Group to assist in Hexaware Technologies Ltd.'s upcoming IPO in Mumbai, aiming for a $1 billion raise, potentially valuing the Indian firm at $6 billion.
Cryptocurrencies Tumble as Iran Launches Drone Attack on Israel; Bitcoin, Crypto Price Could Hit $500 Billion Crash
Bitcoin experienced a significant drop in value following reports of Iran's alleged retaliatory attack involving numerous drones on Israel.
US Biotech Executive Gets 7 Years in Prison for COVID-19 Finger-Prick Blood Test Fraud
The Justice Department said a chief executive of a US biotechnology company was sentenced to seven years in jail on Friday for COVID-19 test fraud.