Patricia Kowsmann

NEWS: Trump has pardoned Changpeng Zhao, the convicted founder of the crypto exchange Binance, following months of efforts by Zhao to boost the Trump family’s own crypto company. w/@jdawsey1 @kowsmann @AABerwick wsj.com/finance/curren…

There's a new front in America's war on drugs. Chinese money brokers are teaming up with Mexican cartels to grease the wheels of the fentanyl trade. Our go at explaining the world of Chinese money laundering. w/ @kowsmann @BrianSpegele wsj.com/world/china/ch…

@Lucimagalhaess Muitos parabéns Luciana! Can’t wait to see your scoops!

I am thrilled to share that as of next Monday I am joining the team at Reuters as a Brazil Business Investigations Correspondent. I am very happy and proud to soon be working for such an amazing and forward thinking company! Let new adventures begin!

@marinonachison 👏

I don't get to write about soccer much on the markets beat, so this was a fun story to report. (But it wouldn't have happened without @kowsmann!)

Betting on European lenders hasn't worked out well for hedge funds and other big investors—until recently. Now, a small group is sitting on big gains after correctly timing the rally in European bank stocks. My latest with @kowsmann: wsj.com/finance/bankin…

@VtorMaia4 Bom dia Dudu, sou jornalista do jornal Americano Wall Street Journal. Seria possivel me mandar um contacto para contacta-lo diretamente? Muito obrigada.

The dangerous business of crypto in Africa. wsj.com/finance/curren… via @kowsmann @ceostroff @alexandrawexler

After scandal upon scandal, Christian Sewing pulled Deutsche Bank to firmer ground. But investors aren't fully buying into the comeback story. “My biggest worry now is that people get arrogant again," he tells @kowsmann wsj.com/finance/bankin… via @WSJ

Christian Sewing pulled Deutsche Bank to firmer ground, but investors have yet to fully buy into the comeback story wsj.com/finance/bankin… via @kowsmann

Binance’s guilty plea was a massive twist in the life of Changpeng Zhao, a crypto-industry figurehead who launched the online exchange in 2017 and developed it into a money-spinning trading machine on.wsj.com/49Q56qy on.wsj.com/49Q56qy

This Portuguese government had its fair share of drama and scandals. This time, though, it was fatal.

Key risk and legal executives are leaving Binance.US at the same time the crypto exchange is under intense pressure from regulators. w/the great @kowsmann and @Vlajournaliste wsj.com/livecoverage/s…

NEW: Binance is reevaluating its Russian business, including the possibility of a full withdrawal. w/ @AABerwick wsj.com/livecoverage/s…

Binance was supposed to leave China behind when the country made cryptocurrency trading illegal in 2021. Yet its users traded $90 billion of crypto-related assets in China in a single month, according to internal figures viewed by @WSJ w/@kowsmann wsj.com/articles/crypt…

Sources say BaFin, the German regulator, believed Binance founder Changpeng Zhao wouldn’t pass a “fit and proper” test, which looks at whether people are professionally and reputably apt to run or own a business it supervises. With @kowsmann and @ceostroff wsj.com/articles/binan…

One of the SEC's allegations against Binance.US last month was of wash trading, a practice outlawed for stocks and bonds nearly a century ago. In crypto, it's alive and well, according to a study. wsj.com/articles/some-… w/ @ceostroff

Binance slashed its employee benefits last month in the wake of falling profit, a sign of the financial strain hitting the crypto giant. w/@kowsmann Contact info in my bio if any current or former employees want to chat wsj.com/articles/binan…

Over 1,000 Binance employees have been fired in recent weeks, according to a person familiar with the moves. The exercise, which is continuing, could result in Binance losing more than a third of its staff, the person said. via @kowsmann and I wsj.com/articles/binan…

Binance has lost executives and laid off staffers in recent weeks as the pressure from federal investigations builds wsj.com/articles/binan… via @WSJ by @kowsmann @davidamichaels @ceostroff & @Vlajournaliste

CZ "has resisted giving up control of the company or stepping aside, though many inside the firm believe his staying could put Binance’s survival into question, one former employee said." And more from @kowsmann @davidamichaels @ceostroff @Vlajournaliste wsj.com/articles/binan…