JPMorgan Forms New Team to Target Small-Cap M&A Deals
JPMorgan Chase & Co. has established a new investment banking team dedicated to pursuing mergers and acquisitions for companies valued between $100 million and $500 million, according to reports.
Latest by Yuki Tanaka
Pound Sterling Weakens as Dollar Strengthens on Geopolitical and Fed Factors
The British pound and the euro both eased against the U.S. dollar on Wednesday, as the dollar attracted safe-haven demand amid rising oil prices, geopolitical tensions, and anticipation of hawkish Federal Reserve meeting minutes.
Alignment Healthcare Stock Drops 12% Following Whistleblower Lawsuit
Shares in the insurance provider Alignment Healthcare fell sharply on Wednesday after a former executive filed a lawsuit alleging financial manipulation. The suit claims the company altered its finances to inflate its stock price and executive pay.
Bitcoin Slips Below $60,000, Heads for First Back-to-Back Quarterly Loss Since 2022
The price of Bitcoin fell below the $60,000 mark, putting it on track for its first consecutive quarterly loss since late 2022. The decline is attributed to persistent outflows from spot ETFs and investor concerns over rising interest rates.
Bitcoin Recovers to Over $60,000 After Significant Quarterly Loss
The leading cryptocurrency rose nearly 4% on Wednesday, reclaiming the key $60,000 level a day after closing a quarter with a 14% loss. The recovery comes amid persistent pressure from expectations of higher U.S. interest rates and significant outflows from spot Bitcoin ETFs.
EOS Plummets Over 15% in Sharp Saturday Decline
The cryptocurrency EOS experienced a significant drop of over 15% on Saturday, reaching a price of $0.0564. This marked the digital asset's largest single-day percentage loss since July 4.
DOJ Memo Suggests Binance May Reduce Law Enforcement Cooperation; Company Denies Change
An internal Department of Justice memo reportedly warned prosecutors that Binance would introduce new requirements for asset freezes, raising questions about its cooperation. The cryptocurrency exchange has denied that any changes to its procedures are being made.
Vantage Introduces 24/7 Gold CFD Trading with XAUUSD247
Multi-asset broker Vantage has announced the launch of XAUUSD247, a new contract for difference (CFD) product that allows eligible clients to trade gold 24 hours a day, seven days a week.
EOS Jumps Over 10%, Marking Largest Daily Gain Since Late 2025
The cryptocurrency EOS experienced a significant price increase of over 10% on Sunday, its largest single-day percentage gain since December 2025. The digital asset's price reached $0.0743 during the rally.