Topline Credit Suisse on Tuesday disclosed it found “material weaknesses” in its financial reporting processes for 2021 and 2022 that could have resulted in “misstatements” of financial results, marki...
Tag: Weaknesses
Credit Suisse finds ‘material weaknesses’ in financial reporting, says outflows ‘not yet reversed’
The logo of Credit Suisse Group in Davos, Switzerland, on Monday, Jan. 16, 2023. Bloomberg | Bloomberg | Getty Images Credit Suisse on Tuesday said its net asset outflows had declined but “not y...
Yellen Says FTX Collapse Shows Weaknesses of Entire Crypto Sector — Fed’s Brainard Pushes for Strong Regulation – Regulation Bitcoin News
U.S. Treasury Secretary Janet Yellen and Federal Reserve Vice Chair Lael Brainard have stressed the need for strong crypto regulation. Yellen said the FTX collapse shows “the weaknesses” of the entire...
Maple Finance Lending Pool Delegate ‘Identified a Number of Key Weaknesses’ Tied to FTX’s Alameda Research – Bitcoin News
According to a report from Orthogonal Credit, a delegate of Maple Finance’s lending pools, the firm decided “earlier this year” not to lend to Alameda Research, FTX’s quantitative trading firm. Orthog...
BIS Says Crypto Weaknesses Have Materialized Following Market Sell-Off – Featured Bitcoin News
The Bank of International Settlements (BIS), the global body for central banks, claims the weaknesses in crypto that were pointed out before “have pretty much materialized.” BIS General Manager Agusti...
Amid widespread weaknesses, how Monero [XMR] is managing to stay optimistic
You probably wonder why your friends HODLing Monero (XMR) have been suspiciously joyous in the last seven days. Well, you should know that the seven days were marked with significant growth for the XM...