Financial Information Down the Middle of the Cryptocurrency Route — Financial Information Roundup

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Shares of banks and other financial institutions fell as a financial crisis hit cryptocurrency markets.

FTX, a major crypto exchange, was on the brink of collapse when a rescue bid by rival Binance fell through. Among listed crypto brokers, Robinhood Markets fell sharply.

U.S. Justice Department officials have found flaws in Swiss bank Credit Suisse’s handling of its 2014 plea agreement related to clients’ U.S. tax liabilities, The Wall Street Journal reported.

Goldman Sachs Group promoted 80 bankers to its partnership, the largest class since CEO David Solomon took over in 2018.

Write to Rob Curran at rob.curran@dowjones.com

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