Analysis: Money Before Climate. The downturn in the market spurred the emigration of the ESG Fund

NEW YORK/BOOSTON, Nov. 11 (Reuters) – ESG funds have been hit by unprecedented outflows in a market downturn, as investors prioritize preserving capital over goals such as tackling climate change. The ESG, a rating applied to financing assets currently valued at $6.5 trillion, is being tested by a drop in market values ​​fueled by concerns … Read more

FTX seeks $9.4 billion in rescue funds, Bahamas freezes some assets

(Reuters) – FTX is scrambling to raise about $9.4 billion from investors and competitors, a source said on Thursday, as CEO Sam Bankman Fried urgently seeks to rescue a cryptocurrency exchange that has been hit hard by customer withdrawals. Bankman-Fried has discussed raising $1 billion each for Tron founder Justin Sun, rival exchange OKX and … Read more