A federal judge ruled that the FDIC cannot be held liable for $1.71 billion claimed by SVB's former parent company after the bank's collapse. The court found SVB Financial Trust responsible for negligent risk-taking by former executives who invested heavily in long-term securities, leading to massive losses amid rising interest rates. This ruling follows the bank's failure, which disrupted many tech startups and was one of the largest U.S. bank collapses. The FDIC is also pursuing legal action against former executives for alleged gross negligence.
Ipsos posted €636.2 million revenue in Q3 2026 with 2.0% organic growth, up from 0.8% in H1, led by strong performances in EMEA, China, and its Citizens business. The company updated its full-year organic growth outlook to 1.2%-1.5%, citing ongoing g...
Ipsos achieved 2.0% organic revenue growth in Q3 2026, up from 0.8% in H1, driven by strong performances in EMEA, China, and citizen-related activities. The company updated its 2026 organic growth target to 1.2%-1.5%, reflecting improved momentum and...
Signify reported third-quarter 2026 results with sales of EUR 1,367 million, a slight decline in comparable sales by 3.4%, but improved adjusted EBITA of EUR 145 million and a margin increase to 10.6%. Net income rose to EUR 88 million and free cash ...
A single cryptocurrency wallet sold 246.25 BTC worth $20.64 million and purchased 8,286 ETH of equal value, indicating a rotation from Bitcoin to Ether rather than new capital entering the market. Over 11 days, the wallet sold 1,917.7 BTC for $159 mi...
Ondine Biomedical's Steriwave antimicrobial treatment reduced surgical-site infections by 51.5% at the University of Ottawa Heart Institute, Canada's largest cardiac center, dropping infection rates from 3.3% to 1.6% in 2,172 procedures. Patient comp...
