Nonfungible tokens spiked in the spring, and are surging now, drawing money away from bitcoin

Former Reporter

The late summer lull that overtakes Wall Street is even making bitcoin drowsy.

Bitcoin's price stalled right at $50,000 during its August rally. On 1 September, the cryptocurrency settled at $48,279.42, before briefly crossing $50,000 a day later.

Here’s how bitcoin is treading water as investors look elsewhere

Paul Vigna

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Deutsche Bank’s UK MD numbers slide for the first time in four years

HSBC plans to increase staff surveillance as it moves to new London HQ

Why Deutsche Bank’s former FX chief is reinventing himself as an opera composer

Milbank hires private equity M&A rising star in Germany

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Coutts hires ex-JPMorgan banker James Todd as next private client boss

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

Senior GIC private equity lawyer joins Dechert in London

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The private-equity firm’s profit rose amid what its executives called the best environment for selling assets in years.

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The bank’s quarterly net result declined but revenue rose 13% compared with a year ago, and it reaffirmed its capital returns plans.

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A weekly call turned into a celebration of heroes as staffers comfort one another through lingering trauma.

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