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Stay informed with free updates Simply sign up to the Private equity myFT Digest — delivered directly to your inbox. The biggest US private equity firms have abandoned a controversial practice of hiring promising graduates about to start work at investment banks for roles due to begin years later. No large buyout firm has launched … Read more
Key Takeaways The US Treasury has ended its legal appeal regarding Tornado Cash sanctions enforcement. The government’s policy reversal terminates enforcement of sanctions on Tornado Cash. Share this article The US Treasury Department has ended its legal appeal regarding Tornado Cash sanctions enforcement following a district court ruling that deemed the original mandate unenforceable, according … Read more
In February of 2024, equity management startup Carta revealed that it was getting into the startup winddown business with a new offering called Carta Conclusions. By December, the company had decided to “retire” that offering, according to a blog post. And now, SimpleClosure, a startup that has described itself as “the Turbo Tax of shutting … Read more
As part of its Q1 2025 earnings release, Snap said it’s scrapping plans for a simplified version of its app. The news comes seven months after Snapchat began testing a redesigned version of the app without the Snap Map or Stories tabs. The new version consolidated the app’s navigation bar around three icons: chat, camera, … Read more
Diversity standards at Goldman and Nasdaq were powerful—but are now gone. Read More
Wall Street’s leading investment bank had a policy that it would only take a company public in the U.S. or Western Europe if it included two diverse board members, one of whom must be a woman. Read More
https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4