Forbes’ Best-In-State Banks And Credit Unions 2022

getty The nation’s 4,839 regional and community banks, and 5,041 credit unions are much different financial animals than the biggest banks in the United States. The behemoth banks have substantial chunks of revenue coming from their trading desks, investment banking divisions, and global lending operations. By contrast, smaller banks and credit unions operate a more…

Coinbase Lays Off 1,100 Employees—Billionaire CEO Warns Recession Could Worsen Impact Of $1 Trillion Crypto Crash

Topline The billionaire chief of popular crypto-brokerage Coinbase on Tuesday announced plans to lay off about 18% of the company’s workforce to lower costs ahead of a potential recession, joining other tech firms in downsizing staffing levels as stocks and cryptocurrencies plunge deeper into bear market territory. Brian Armstrong, founder of Coinbase, photographed for Forbes…

Chicago RIA Cresset To Form $27 Billion Multi-Family Office By Merging With Minnesota’s Meristem Family Wealth

Cresset Capital manages finances and estate and tax planning for more than 1,100 high net worth … [+] families. Getty Cresset Asset Management, a multi-family office and private investment firm based in Chicago, has agreed to merge with Minnesota-based Meristem Family Wealth, leaders of both firms told Forbes. Meristem managed $5.4 billion in assets at…

Tesla Stock Plunge Wipes Out $128 Billion In Value As Twitter Deal Sparks Fears

Topline Tesla shares collapsed Tuesday as investors continued to digest the implications of Twitter’s acceptance of CEO Elon Musk’s $44 billion bid for the social media giant, tacking onto already-staggering losses spurred by the Federal Reserve’s looming interest rate hikes. “Tesla shareholders can’t be happy” about the Twitter deal potentially diverting Elon Musk’s … [+]…

Tesla Stock Plunge Wipes Out $114 Billion In Value As Twitter Deal Sparks Fears

Topline Tesla shares collapsed Tuesday as investors continued to digest the implications of Twitter’s acceptance of CEO Elon Musk’s $44 billion bid for the social media giant, tacking onto already-staggering losses spurred by the Federal Reserve’s looming interest rate hikes. “Tesla shareholders can’t be happy” about the Twitter deal potentially diverting Elon Musk’s … [+]…

The Best Global Crypto Exchanges

There are nearly 600 cryptocurrency exchanges worldwide inviting investors to trade bitcoin, ethereum and other digital assets. But costs, quality and safety vary widely. With an emphasis on regulatory compliance, here is Forbes Digital Assets ranking of the top 60. By Javier Paz, Director of Data & Analytics Editorial contributors: Nina Bambysheva, Michael del Castillo,…