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WeWork Names New CEO Following Coworking Firm’s Bankruptcy Exit
Bloomberg· 2 days agoWeWork named John Santora its new chief executive officer following a global restructuring and the...
WeWork Exits Bankruptcy, Names Cushman & Wakefield Exec CEO
The Real Deal· 2 days agoWeWork’s long-awaited exit from bankruptcy proceedings came with a twist, as things usually do with the enigmatic co-working company. The firm emerged from ...
Synapse bankruptcy trustee says $85 million of customer savings is missing in fintech meltdown
NBC Universal via AOL· 6 days agoThere is an $85 million shortfall between what partner banks of fintech middleman Synapse are...
Synapse trustee McWilliams finds $85M gap in frozen funds
Banking Dive via Yahoo Finance· 21 hours agoPartner banks of the bankrupt fintech middleman hold roughly $180 million in demand deposit and...
Why FTX’s Generous Bankruptcy Payouts Still Leave Some Creditors Cold
Forbes· 3 days agoLast month, lawyers overseeing FTX’s bankruptcy filed a reorganization plan that would not only...
Sterling Check Corp. (NASDAQ:STER) Receives $15.30 Average Target Price from Brokerages
ETF DAILY NEWS· 1 day agoShares of Sterling Check Corp. (NASDAQ:STER – Get Free Report) have received an average...
FDIC Warnings and ‘False’ Deposit Insurance Claims Spotlight Non-Bank Risks
PYMNTS.com· 2 days agoThe company has also disclosed in customer agreements that funds that are withdrawn from its ...
Synapse’s Specter of Commingled Funds Points to Issues in FinTech, BaaS Governance
PYMNTS.com· 15 hours agoIf there’s a surety in FinTech, and particularly within banking as a service, it’s that there will...
Synapse Hearing Highlights Frustration With Banking-as-a-Service Complexities
PYMNTS.com· 3 days agoThe drama surrounding the Synapse Financial bankruptcy continued Friday (June 7) with an afternoon...
Why the Recession Still Isn’t Here
The Wall Street Journal· 6 days agoThey ditched the recession forecast in July 2023 once the banking stress calmed down. Quarles, who is now chairman of a private-equity firm in Salt Lake...