Author: Kwabena Eshun
FTX, the cryptocurrency exchange, has reportedly filed a lawsuit against the parents of its founder and CEO, Sam Bankman-Fried. The lawsuit comes as a surprise, as Bankman-Fried is known for his philanthropic efforts and advocacy for effective altruism. According to reports, FTX alleges that Bankman-Fried’s parents, Gary Bankman and Linda Bankman, have failed to return shares of the company worth millions of dollars. The lawsuit alleges that the Bankmans received these shares as part of an agreement when their son started FTX but have not returned them as agreed upon. READ ALSO: HSBC Expands Global Equities Unit with…
UBS has identified several countries, including South Korea, India, Ireland, and Saudi Arabia, as “slow” in granting regulatory approvals required to finalize its takeover of Credit Suisse, according to an internal document dated September 6. The document, circulated to UBS staff globally, highlights that uncooperative regulators could jeopardize the timeline for the integration of Credit Suisse, potentially impacting other related transactions. The document also suggests that difficulties with regulators in certain jurisdictions could lead to winding down businesses and asset sales. READ ALSO: “Neighbours’ Trailblazing Biracial, Queer Couple: Naomi Rukavina’s Interview!!! UBS completed its takeover of Credit…
HSBC is ramping up its global equities business by bringing aboard eight former Credit Suisse traders and sales personnel, signalling the bank’s intent to expand its presence and compete more effectively with Wall Street rivals. The new appointments are strategically placed across different locations, including London, New York, Hong Kong, and Mumbai, and will strengthen the bank’s high-touch and portfolio trading desks. The eight former Credit Suisse professionals joining HSBC are as follows: Simon Farquharson Andrew Rush Simon Ansell Parin Sanghavi Joseph Barreto Matt Flanagan Alex Martin Tiffany Chiu Additionally, the bank has hired a ninth professional, Steve Jobber,…
Cleveland Browns running back Nick Chubb sustained a knee injury during his team’s Monday Night Football match against the Pittsburgh Steelers, necessitating his removal from the field in the second quarter. The incident occurred during a first and goal run from the 8-yard line when Chubb carried the ball for a 5-yard gain but was tackled awkwardly on the knee by Steelers safety Minkah Fitzpatrick. The impact was significant, prompting an audible groan from the crowd as a replay of the incident was displayed on the video board at Pittsburgh’s Acrisure Stadium. READ ALSO: Neil Warnock leaves Huddersfield town after game…
Paris and Tyson Fury the British boxing champion, have welcomed their seventh child, a baby boy. The couple, who married in 2008, made the joyful announcement on Paris’s Instagram account, sharing a heartwarming photo of themselves with their newborn son. In the image, both parents are seen beaming with happiness, celebrating the newest addition to their family. For this special moment, Paris looked radiant in a figure-flattering summer dress adorned with a charming blue paisley print, while Tyson sported a joyful powder blue tracksuit and a cozy navy gilet. Paris expressed her disbelief and joy in her caption,…
Neil Warnock will be departing from Huddersfield after their Wednesday home game against Stoke. The 74-year-old, who initially joined the club on a short-term deal in February to prevent relegation from the Championship, later signed a one-year contract in the summer. Warnock, along with his assistant Ronnie Jepson, has decided to step down from their roles as part of the club’s long-term plans following an internal overhaul. Huddersfield’s Chief Executive, Jake Edwards, confirmed that Wednesday’s match would mark Neil and Ronnie’s final game with the club. He expressed gratitude for their achievements over the past seven months and acknowledged their…
Lauren Harries, the 45-year-old antiques expert, has reignited claims of a past romantic involvement with comedian Russell Brand, 48, who is currently facing allegations of sexual misconduct, rape, and sexual assault following a Dispatches exposé, which he vehemently denies. Harries described their purported six-month relationship, which Brand has consistently denied, shedding light on her unsettling experiences. She remarked, “I don’t think Russell wanted to be seen with me, so we didn’t go out. We had our moments, but he can’t admit to it. It was going on for six months at least. Let’s just say he liked the…
The UEFA Champions League has returned, featuring reigning champions Manchester City facing off against Red Star Belgrade at Etihad Stadium, Manchester, England, with a kick-off time of 19:00 GMT. Man City, eager to continue their unbeaten streak from the previous season, will be missing key players like John Stones, Jack Grealish, Mateo Kovacic, and Kevin de Bruyne due to injuries. However, the prolific Erling Haaland, last season’s top scorer in the Champions League, is expected to be in the starting lineup. In another fixture, Feyenoord and Celtic will clash at Stadion Feyenoord, Rotterdam, Netherlands, also at 19:00 GMT. Both teams…
Designer’s attorney is clarifying the situation on behalf of the rapper. Recent reports had suggested that Designer, also known as Sidney Rovel Selby III, was obligated to register as a sex offender due to an incident involving exposure and masturbation in front of Delta flight attendants a few months back. However, Ryan Garry, the rapper’s lawyer, has issued a statement to correct these reports. He stated, “Regarding Mr. Selby’s requirement to register as a sex offender, several news outlets have inaccurately claimed that it’s an absolute condition of his probation. They are mistaken. The sentencing judgment, in the case of…
Canada’s accusation that India might have been involved in the assassination of Sikh activist Hardeep Singh Nijjar on Canadian soil has ignited a diplomatic feud between the two nations, leading to the expulsion of senior diplomats from both sides. Canadian Prime Minister Justin Trudeau stated that credible allegations were being pursued linking India to Nijjar’s June killing, promising to hold the perpetrators accountable. Canada expelled an Indian diplomat, identified as the head of the Indian intelligence agency in the country, in retaliation. India responded by expelling a senior Canadian diplomat based in India, citing concerns over Canadian diplomats’ interference in…