deal

Crypto’s virtuous cycle is more of a spiral

15 May 2024

Bitcoin ETF approvals have boosted the cryptocurrency, helping FTX customers recover funds and prompting firms like $44 bln Block to hoard more of the digital coins. But it also fuels a new type of speculation. With companies getting deeper into crypto, a new bubble is inflating.

Euronext CEO tests limits of M&A playbook

1 Mar 2023

Serial buyer Stéphane Boujnah’s exit from his $6 bln bid for Allfunds is a lucky escape. Its likely slim returns hardly justified the price. But he still needs to diversify from equities. A lack of targets and Euronext’s lowly valuation mean the next deal may not be any easier.