Investing
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GAM calls time on supply chain finance fund linked to Greensill
GAM, the Switzerland headquartered asset manager, has announced it will close an investment fund linked to Greensill Capital — the…
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Deutsche Bank shakes up junior recruitment to diversify from MBA hires
Deutsche Bank is overhauling the way it hires junior bankers, expanding jobs typically reserved for elite MBAs to professionals with…
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Greensill Capital planning insolvency amid deal talks with Apollo
Embattled financial startup Greensill Capital plans to file for insolvency in the UK this week, as it simultaneously moved toward…
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Deloitte agrees to pay Malaysia $80m to settle 1MDB claims
Accountancy firm Deloitte PLT has agreed to pay the Malaysian government $80m to settle claims relating to its auditing of…
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New Citi CEO Jane Fraser unveils net-zero targets on first day at the helm
Citigroup chief executive Jane Fraser has used her first day at the helm of the US bank to unveil ambitious…
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Jon Little’s Alderwood Capital begins hunt for investors
Alderwood Capital, the fund management business launched by former Northill Capital founder Jon Little, has made a trio of hires…
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China Bank Regulator Warns Of Foreign Equity Bubbles
Key News Asian equities were mixed as India and South Korea outperformed. The biggest catalyst was China Banking and Insurance…
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City hedge fund manager’s suicide indicative of wider sector Covid stress
A hedge fund manager who took his own life last year was experiencing high stress amid a tough time for…
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M&G pledges to end thermal coal investments
M&G, the UK-listed fund management group, will begin to phase out coal across its investments, making it the latest asset…
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25 stocks of companies backed by rapid earnings growth as the economy reopens
With the pace of new COVID-19 cases slowing, many investors expect economic growth to accelerate over the course of 2021.…
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The record boom in blank-cheque firms could make 2021 the year of the Spac
The boom in special purpose acquisition companies – or Spacs – is set to continue and this year looks on…
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Greensill Capital: How the SoftBank-backed firm has ended up on the brink
Pressure is mounting on SoftBank-backed Greensill Capital after major backers signalled moves to halt trading in and out of the…
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UK IPOs off to best start for 15 years ahead of listings review shake-up
The London Stock Exchange has had its strongest start to a year since 2016 ahead of the publication of a…
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Goldman Sachs creates new London team to capitalise on Spac boom
Goldman Sachs has shifted two of its most senior equity bankers in London into a new team that will look…
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FOMO driving billionaire hedge fund boss Danie Loeb to ‘deep dive’ into cryptos?
Daniel Loeb, chief executive of hedge fund Third Point, said he has been on a “deep dive” into cryptocurrency recently…
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Almost a quarter of companies will be net zero by 2030, say Fidelity analysts
Analysts working at investment giant Fidelity International, the $706bn asset manager, predict almost a quarter of all the companies they…
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Stressed about saving for retirement? Focus on your ‘bottom line’
The cost of living is high — for some more than others — but a few changes in spending can…
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Greensill Capital faces possible insolvency after Credit Suisse suspends investment funds
Greensill Capital is headed toward a rapid unraveling after Credit Suisse Group suspended $10bn of investment funds that fuelled the…
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Goldman Sachs asset management co-head Lane to step down
Eric Lane, the co-head of Goldman Sachs global asset management business, is stepping down six months after being appointed to…
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Credit Suisse suspends $10bn in funds tied to Greensill
Credit Suisse said it suspended a group of private investment funds tied to supply-chain finance assets created by SoftBank-backed specialty-finance company Greensill…
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Jane Fraser tasked with refreshing Citigroup
Jane Fraser wants to simplify Citigroup the original megabank. That won’t be easy. On 1 March, Fraser took over as chief executive…
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Here Are The Key Gold Charts To Watch Right Now
After briefly rising above $2,000 per ounce in August, gold has not been able to catch a break. While Bitcoin…
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This Stock Market Bubble May Not Be So Bad
Bubbles that are not so bad getty As investing looks more like a casino, here’s how to keep risk in…
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This Isn’t Your Father’s Overvalued Market
NEW YORK, NEW YORK – FEBRUARY 25: People walk by the New York Stock Exchange (NYSE) on February 25, ……
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Almost Everyone Is Online: But Most Of The Money Isn’t
BRAZIL – 2020/12/23: In this photo illustration a Shopify company website seen displayed on a … [+] smartphone. It is…
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Why copper just scored its biggest monthly gain since 2016
Copper prices scored their largest monthly gain in over four years on Friday, as traders bet that a recovery by…
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GameStop saga illustrates rising ‘noise-trader risk’ that could feed market volatility, warns quantitative analyst
The wild trading saga surrounding GameStop Corp. and other meme stocks targeted by bands of individual investors ostensibly out to…
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Hedge funds slash bearish bets in GameStop aftermath: ‘Wow, this could be me’
Investors have pared back their bearish bets a full month after the GameStop frenzy took off, showing the lasting effects…
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If A Company Doesn’t Have This Skill, Don’t Invest In It
Disruption and change are constant throughout economic history. dpa/picture alliance via Getty Images How to invest with a focus on…
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Barclays ECM exec Febrer-Bowen lands new role weeks after retirement
The former head of continental European equity capital markets at Barclays has secured a new role leading corporate development at…
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Beyond Meat lands deals with McDonald’s, KFC, Taco Bell and Pizza Hut; stock surges despite lukewarm earnings
Beyond Meat Inc.’s stock initially tumbled 15% in extended trading Thursday after the company came up short on quarterly estimates.…
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Why the Brexit battle over London’s derivatives dominance may drag on for years
The battle for London’s trading and clearing of derivatives is heating up. But it probably won’t be settled any time…
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JPMorgan CFO Jennifer Piepszak says investment banking fees could be up 30% on Q1 2020
Investment banking fees at JPMorgan in the first quarter are likely to be up over 30% on the same period…
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This investment mix beats the S&P 500 — by a mile
This article is the core of my best advice for long-term investors. If you want the very best equity portfolio,…
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Vanguard, BlackRock singled out for $170bn coal exposure
Vanguard and BlackRock, the world’s two largest asset managers, have been singled out for having the highest exposure to the…
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St James’s Place to axe 200 jobs after Covid hit to profits
St James’s Place, the UK listed wealth manager, plans to axe 200 jobs following an almost 40% drop in pre-tax…
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HSBC shrinks bonuses for London investment bankers by up to 20%
Investment bankers in HSBC’s London operations have seen bonuses decline by as much as 20%, as the UK lender has…
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Jefferies backtracks on staff jab plan after memo demanded ‘verification of vaccination’
US investment bank Jefferies has backtracked on a policy that would have required all of its staff to receive a…
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Atom Bank sets sights on IPO by 2023 amid £40m fundraising
British challenger Atom Bank has said it plans to go public within the financial year 2022-23 as it nears profitability…
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Despite The Current Airline Stock Price Mini-Boom, IATA’s Chief Sees A Further Delay In Travel Demand Recovery
Alexandre de Juniac, out-going CEO of the International Air Travel Association, warned Wednesday … [+] that even under the most…
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Goldman Sachs boss David Solomon slams WFH as an ‘aberration’
Goldman Sachs chief executive David Solomon has sent the clearest message yet to homebound traders and investment bankers — don’t…
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JPMorgan and Sutton Trust launch $4.8m bursary fund for low-income students
US investment bank JPMorgan Chase and the Sutton Trust have launched a £4.8m bursary fund for university students to improve…
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This stock fund may be for you if you want to sleep well at night and still make money
Just about every financial adviser recommends that individual investors avoid timing the stock market. That advice can go in one…
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Dow up over 400 points to carve out fresh record in 2nd day of Powell testimony
The Dow Jones Industrial Average on Wednesday afternoon surged to an intraday record and stocks erased early losses, as Federal…
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Bank of America names Berendes, Brabazon new M&A leaders in Europe
Bank of America has shaken up the leadership of its mergers and acquisitions team in Europe amid global surge in…
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These are the stocks helping to tank the high-flying ARK Innovation ETF over the past week
(Updates story with closing prices for Feb. 23.) The Ark Innovation ETF has been a top performer. But there are…
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HSBC plans $6bn in Asia investments as profits slump by 34%
HSBC is sticking to cost-cutting measures that will see it strip out 35,000 jobs and will invest up to $6bn…
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HSBC’s top investment banker bonuses fall by 11% as job cuts take hold
HSBC cut bonuses to its top investment bankers by 11% last year, but nearly doubled redundancy payouts for executives in the…
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Neil Woodford’s comeback doomed from the start as ‘misled’ investors balk
Neil Woodford has had plenty of time to consider his options following the spectacular implosion of his business just 16…
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These short sellers are making a killing in defiance of GameStop’s retail army
It’s only February, but it’s already been a rough year for short-sellers. Amid a GameStop retail army that has piled…
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