Gabrielle Saulsbery

5 days ago | finance.yahoo.com | Gabrielle Saulsbery

This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Celsius founder Alex Mashinsky was sentenced to 12 years in federal prison Thursday, five months after pleading guilty to commodities fraud and intent to manipulate the value of the Celsius token.

6 days ago | bankingdive.com | Gabrielle Saulsbery

Celsius founder Alex Mashinsky was sentenced to 12 years in federal prison Thursday, five months afterpleading guilty to commodities fraud and intent to manipulate the value of the Celsius token. The former captain-of-industry was indicted on seven counts of fraud in July 2023, approximately one year after his firm – one of the biggest in the cryptocurrency industry –filed for bankruptcy after facing liquidity issues.

1 week ago | finance.yahoo.com | Gabrielle Saulsbery

This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Santander notified the Office of the Comptroller of the Currency last week that it would be closing 18 U.S. branches by August, the regulator’s website shows. The affected branches, which comprise 4.5% of the Spanish bank’s roughly 400 U.S. locations, are strewn throughout the Northeast and are set to close between July 31 and Aug. 21.

1 week ago | bankingdive.com | Gabrielle Saulsbery

Social investment fintech eToro is seeking to raise $500 million through its initial public offering in the U.S., targeting a valuation of $4 billion and anexpected IPO date of May 14. The firm and some of its shareholders are offering 10 million shares for between $46 and $50 each, according to asecurities filing, half of which are being offered by the company and half by the shareholders.

1 week ago | bankingdive.com | Gabrielle Saulsbery

Santander notified the Office of the Comptroller of the Currency last week that it would be closing 18 U.S. branches by August, the regulator’s website shows. The affected branches, which comprise 4.5% of the Spanish bank’s roughly 400 U.S. locations, are strewn throughout the Northeast and are set to close between July 31 and Aug. 21. Six locations in Massachusetts will close, as well as four in New Jersey, four in Pennsylvania, two in New York and one each in New Hampshire and Rhode Island.