Ping An Insurance Co has little chance of winning big backers for its quest to break up HSBC Holdings Plc if the best that can be said for the plan is a lackluster value analysis laid out by a Hong Kong-based consultancy. The Shenzhen-based insurer has been trying for months to convince HSBC that shareholders would value its Asian businesses ...

Crypto has long been sold as the tradition-busting future of finance, but its collapse is following a decades-old script. Take Coinbase. The crypto exchange went public at $250 a share in April 2021, when Bitcoin was worth more than $63,000, near its all-time high. Now Bitcoin is flirting with $20,000, and Coinbase is trading at less than $50 a share. ...

  With Gen Z bringing back everything from “Friends” to cassette tapes, and Will Smith the most talked-about celebrity of the year, it’s tempting to think everything ‘90s is in right now. In financial markets this week, analogies with 1998 have become ubiquitous as the yen has buckled, increasing speculation Japan will have to intervene to strengthen its currency for ...