DealBook Briefing: Dropbox Files to Go Public

RisingWorld 2018-02-24

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DealBook Briefing: Dropbox Files to Go Public
Specifically, the Treasury noted, foreign regulators have expressed doubts about whether they could coordinate effectively
with a United States bankruptcy judge when winding down a big American bank that has large amounts of business overseas.
Groups have previously pushed the investment industry to dump gun stocks, with limited impact.
Dropbox took in $1.1 billion of revenue in 2017, a 31 percent increase from $845 million in 2016.
The Treasury Department has proposed a regulatory move
that would increase the likelihood that a failing bank would end up in bankruptcy rather than going through a resolution process overseen by the government.
The government in Beijing seized control today of Anbang Insurance Group, the troubled Chinese company that owns the iconic New York hotel.

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