🖤 Donations of all sizes power our public service journalism Give Now

$3.4 billion in new investments will help Robinhood loosen limits for now

Feb 2, 2021
Robinhood needed that new investment "because of the antiquated nature of how we settle stock trades," one finance professor says.
This photo illustration shows the logo of trading application Robinhood on a mobile phone in Arlington, Virginia on January 28, 2021.
Olivier Douliery/AFP via Getty Images

Even banks support making U.S. shell companies less secretive

Nov 9, 2017
Banks hope that a crackdown on the secrecy behind U.S.-based shell companies will make their jobs easier.
Wells Fargo banks in Woodbury, Minn.

Someday, and That Day May Never Come...

Sep 28, 2011
We came up with a lot of possibilities when we were trying to think of a good metaphor to explain a derivatives clearinghouse....