[ad_1] HSBC Holdings has a $15 billion headache in China—a big stake in a local lender that it can’t easily sell and that could require a big write-down. Long after…
Tag: wsjfinance-eur
What’s Behind the Market’s Wild Overreactions
[ad_1] The Wall Street cliché is that investors hate uncertainty. Their response recently has been to swing from being entirely certain about one thing to quite sure that the opposite…
Where Have All the Foreign Buyers Gone for U.S. Treasury Debt?
[ad_1] Foreigners no longer have an insatiable appetite for U.S. government debt. That’s bad news for Washington. The U.S. Treasury market is in the midst of major supply and demand…
Puerto Rico Was Supposed to Be John Paulson’s Paradise. Then Came the Lawsuits.
[ad_1] John Paulson made a fortune on Wall Street betting the housing market would collapse. His reinvention as a property tycoon opening Puerto Rico to the wealthy is proving trickier.…
Hamas Needed a New Way to Get Money From Iran. It Turned to Crypto.
[ad_1] Nov. 11, 2023 11:00 pm ET In mid-2019, Israel’s military used a precision strike on a narrow street to kill a Hamas commander whom it called Iran’s money man…
WSJ News Exclusive | Key Witness at Sam Bankman-Fried Trial to Launch New Crypto Exchange
[ad_1] A group of former FTX executives, including one who served as a key witness against Sam Bankman-Fried, are teaming up to build a new cryptocurrency exchange that aims to…
WSJ News Exclusive | A Possible Winner From WeWork’s Troubles? Adam Neumann
[ad_1] WeWork created a lot of financial losers. Adam Neumann wasn’t one of them. The shared office space company’s co-founder and former chief executive left WeWork four years ago as a billionaire…
SoftBank Posts $6.2 Billion Loss After WeWork Bankruptcy
[ad_1] Updated Nov. 9, 2023 6:10 am ET TOKYO—SoftBank Group sank deeper into the red in the July-September period as its technology investments struggled and losses piled up from the…
SoftBank Loses $6.2 Billion in Quarter as WeWork Weighs on Investments
[ad_1] TOKYO—SoftBank Group sank deeper into the red in the July-September period as it reported write-downs related to the bankruptcy of office-sharing company WeWork and technology shares stayed under pressure…