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US job openings at 8.14M in May, higher than expectations

ISTANBUL: US job openings stood at approximately 8.14 million in May, according to Labor Department figures released Tuesday.

The figure came in higher than market expectations of 7.96 million.?

Job openings for April were revised down to 7.92 milli…

Cryptocurrency firm Silvergate fined $63M by US agencies

ISTANBUL: Cryptocurrency services provider Silvergate was fined a total of $63 million by US agencies amid anti-money laundering regulations.

“Silvergate Capital Corporation and Silvergate Bank were fined $43 million for deficiencies in its monitorin…

BlackRock to acquire UK-based data provider Preqin for $3.2B

ISTANBUL: US-based investment company BlackRock will acquire UK-based private markets data firm Preqin for approximately $3.2 billion in cash.

“Private markets are the fastest growing segment of asset management, with alternative assets expected to r…