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Diem will shift its headquarters from Geneva to Washington, DC

Fintech Correspondent

Facebook-backed digital currency project Diem is moving its operations to the US following a decision to withdraw its application for a payments licence in Switzerland.

The Facebook-backed digital currency project Diem is to move its operations to the US, following a decision to withdraw its application for a payments licence in Switzerland.

Facebook stablecoin project Diem drops Swiss licence application in US pivot

Emily Nicolle

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Crypto hedge funds battle to stay positive after tariffs hit markets

London hedge fund Naya Capital secures Dubai regulatory approval 

Fnality CEO Michelle Neal: ‘Banks are open to integrating blockchain-based payments’  

Deutsche Bank hires top Barclays banker Swerling as global head of ECM

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The German lender has hired Barclays’ co-head of equity capital markets to lead its team globally

Trading Places: Barclays hires new M&A boss, Julius Baer restructures again

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Find out who is on the move in the City and beyond this week

HSBC hands Blackburn top risk role as shake-up continues

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The UK lender has given the leading compliance job to a 20-year veteran

The Swedish private-equity company said its portfolio has limited direct exposure to tariffs, but the deterioration in market conditions will inevitably hurt its exit agenda this year.

EQT Has Limited Direct Tariff Exposure, But Expects Exit-Plan Hit

EQT Says Its Portfolio Has Limited Direct Tariff Exposure, But Sees Impact on Exit Plans

An options trader’s gutsy bets have drawn followers, and a few nicknames.

By Krystal Hur | Photographs by Breanna Maxine for WSJ 

Meet ‘Captain Condor,’ the Options Trader Whose Crew Can Move Markets

A judge demanded more answers from the government about what it has done to facilitate the return of Kilmar Abrego Garcia.

By Jacob Gershman, C. Ryan Barber and Victoria Albert

Trump and Judiciary in Escalating Standoff Over Wrongfully Deported Migrant

The FTC wanted $30 billion to drop its case. Zuckerberg offered much less and hoped Trump would back him up.

By Dana Mattioli, Rebecca Ballhaus and Josh Dawsey

Inside Mark Zuckerberg’s Failed Negotiations to End Antitrust Case

The streaming service has shared financial performance targets with staff that underscore its dominance.

Netflix Aims to Join the $1 Trillion Club

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