News Highlights: Top Financial Services News of the Day
Peter Thiel's Founders Fund Makes Big Bet on Bitcoin
Founders Fund, the venture-capital firm co-founded by Peter Thiel, has bought large sums of bitcoin that are now worth hundreds of millions of dollars.
Who's the Most Valuable Online Lender? After This Deal, It's GreenSky
Financial-technology firm GreenSky raised new equity from Pacific Investment Management Co. in a deal that valued the digital lender at nearly $4.5 billion, said a person familiar with the matter.
Wild Swings in Money-Market Rates Highlight Limits of Regulation
Year-end turmoil rocked Europe's money markets in 2016, so traders were as ready as they could be this time around. And yet, it happened again, underscoring how new regulations designed to make the financial system safer also have created permanent cracks in the plumbing of markets
Which Banks to Own When Savers Get Fed Up
2018 will be the year that banks finally start paying decent returns to savers, but some will have to pay more than others
Global Stock Surge Mints $9 Trillion in Market Value
Soaring stock prices across the globe added more than $9 trillion in market value to equity markets in 2017, the biggest one-year swell since the financial crisis.
Eight Things to Watch in Markets in 2018
The Wall Street Journal's Heard on the Street team evaluates the year ahead in markets. Here's what you should watch, from wages to technology to the Chinese economy.
Pension Funds Ask: What to Buy When Nothing Is Cheap?
Retirement systems that manage money for firefighters, police officers, teachers and other public workers aren't pulling back on costly bets for 2018, a time when markets are rising around the world.
Hoping for an Avalanche of Huge IPOs in 2018? Get Ready to Keep Waiting
The year may bring a couple of notable names, including Spotify. But heavy hitters like Uber, Airbnb and WeWork will likely remain on the sidelines.
Judge Says PwC Was Negligent In Bank Failure
PricewaterhouseCoopers was negligent in connection with one of the biggest bank failures of the financial crisis, a federal judge ruled.
For Bitcoin, A Year Like No Other
In 2017, bitcoin became one of the market's greatest speculative crazes. It remains to be seen whether it can live up to the hype.
(END) Dow Jones Newswires
January 02, 2018 16:15 ET (21:15 GMT)Copyright (c) 2018 Dow Jones & Company, Inc.