FTX’s $32 billion valuation was a fantasy, but nobody bothered to look at it closely.
Tag: Banking and Financial Institutions
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The Bottom Line on Banks
Financial institutions have made big climate pledges. But they’ve also found reasons and ways to pass the buck, continuing to funnel money toward fossil fuels. Here’s why.
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Markets Soar on Signs of Slower Inflation
Stocks rallied and bond yields tumbled as investors reset their expectations for the pace of interest rate increases by the Federal Reserve.
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Credibility Questions Dog World Bank President at Climate Summit
David Malpass has faced continuing criticism from those who question his commitment to climate action as well as the bank’s track record.