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BARC.LN

WSJ News Exclusive | Elon Musk’s Twitter Takeover Close at Hand as Banks Begin to Turn Over $13…

Andrew McCollum Oct 27, 2022

Banks have started to send $13 billion in cash backing Elon Musk’s takeover of Twitter Inc., TWTR…

WSJ News Exclusive | Elon Musk’s Twitter Takeover Debt to Be Held by Banks Amid Turbulent Markets

Andrew McCollum Oct 24, 2022

Banks that committed to help finance Elon Musk’s takeover of Twitter Inc. plan to hold all $13 billion of debt backing the deal rather than sell it, according…

Technology

Elon Musk’s Revived Twitter Deal Could Saddle Banks With Big Losses

Andrew McCollum Oct 7, 2022

Banks that agreed to fund Elon Musk’s takeover of Twitter Inc. TWTR -3.72% are facing the possibility of…

Technology

WSJ News Exclusive | Banks Nearing $1 Billion Settlement Over Traders’ Use of Banned Messaging Apps

Andrew McCollum Aug 21, 2022

WASHINGTON—Many of Wall Street’s biggest banks are nearing agreements to pay as much as $200 million each and admit that their employees’ use of personal messaging apps such as WhatsApp…

Technology

Crash of TerraUSD Shakes Crypto. ‘There Was a Run on the Bank.’

Andrew McCollum May 13, 2022

The cryptocurrency TerraUSD had one job: Maintain its value at $1 per coin.Since it launched in 2020, it had mostly done that, rarely straying more than a fraction of a penny from its…