Finding a Buyer for TikTok May Not Be So Easy
Posted inAntitrust Laws and Competition Issues Biden, Joseph R Jr China Committee on Foreign Investment in the United States (CFIUS) Computers and the Internet Federal Trade Commission Justice Department Mergers, Acquisitions and Divestitures National Security Council Oracle Corporation Social Media TikTok (ByteDance) Trump, Donald J United States United States Politics and Government

Finding a Buyer for TikTok May Not Be So Easy

The Biden administration is pushing TikTok’s Chinese owners to sell the app or face a possible ban. But there are many complications to finding a suitor.
Wells Fargo’s Carrie Tolstedt Pleads Guilty and Faces Prison
Posted inBanking and Financial Institutions Consumer Financial Protection Bureau Fines (Penalties) Frauds and Swindling Justice Department Prisons and Prisoners Scharf, Charles W Securities and Commodities Violations Securities and Exchange Commission Sloan, Timothy J Stumpf, John G Tolstedt, Carrie L Wells Fargo & Company

Wells Fargo’s Carrie Tolstedt Pleads Guilty and Faces Prison

Carrie L. Tolstedt, who ran the bank’s retail branches, faces up to 16 months in prison for obstructing a bank examination.
Goldman Sachs Eyes a Big Payout from Silicon Valley Bank Deal
Posted inBlackRock Inc Charles Schwab Corporation Executive Compensation Federal Reserve System Fink, Laurence D Goldman Sachs Group Inc internal-storyline-no Justice Department Khanna, Ro OpenAI Labs Porter, Katie (1974- ) Regulation and Deregulation of Industry Schwab, Charles R Signature Bank Silicon Valley Bank Warren, Elizabeth Waters, Maxine

Goldman Sachs Eyes a Big Payout from Silicon Valley Bank Deal

The Wall Street giant is likely to be paid more than $100 million for its role in a bond purchase that ultimately failed to save the California bank from collapse.