Search Results for: hedge fund
ITG RFQ-HUB Expands Broker Network and Client Roster
September 25th, 2015
ITG (NYSE:ITG), a leading independent execution broker and research provider, announced that ITG RFQ-hub®, ITG’s multi-asset platform for global listed and OTC (over-the-counter) assets, has expanded its network of liquidity providers and is extending its footprint in North America. ITG ...
Activist investor takes 6% stake in LPL Financial, sending stock higher
September 23rd, 2015
Marcato Capital says shares of the independent broker-dealer are undervalued at current levels An activist hedge fund investor on Tuesday afternoon said it had taken a 6.3% stake in LPL Financial Holdings Inc., sending the independent broker-dealer’s stock price ...
$1 Trillion Asset Manager Says the Dollar Is Overvalued
September 23rd, 2015
Greenback has factored in prospect of first U.S. rate increase Dollar is undervalued against many Asian currencies, Kwok says The dollar is overvalued and is unlikely to extend gains versus the euro and yen unless the Federal Reserve raises ...
Oil Speculators Most Bullish in Two Months as OPEC Calls for $80
September 21st, 2015
U.S. crude output seen falling the most since 1989 next year Almost 15,000 short oil bets closed out before Fed decision Hedge funds slashed their bets on falling oil prices, leaving them the most bullish in two months ...
Why The Big Banks Want Higher Interest Rates
September 21st, 2015
Something strange is happening in the banking business. In theory, a low interest rate environment is good for banks because it allows them to borrow money for next to nothing and lend it to auto or home buyers for ...
Ex-Wells Fargo trader beats SEC insider trading charges
September 15th, 2015
A former Wells Fargo & Co trader on Monday was cleared of insider trading charges brought by the U.S. Securities and Exchange Commission after a major appellate decision limited authorities’ ability to pursue such cases. Following a trial before ...
So What’s Japan Supposed To Do Now?
September 10th, 2015
It was just three years ago that new Prime Minister Shinzo Abe promised to pull Japan out of its “lost decades” by printing epic amounts of new yen. He got what he wanted from the Bank of Japan, which ...
Japan’s Nikkei 225 Rises 7.7% for Biggest Gain Since October 2008
September 9th, 2015
Investors buy back in after valuations hit 11-month low Topix surges most since 2011 as all 33 industry groups rise Japanese stocks soared, with the Nikkei 225 Stock Average staging the steepest advance since the aftermath of the 2008 ...
Credit Suisse challenges court order to pay $288 mn in mortage suit
September 9th, 2015
Swiss banking giant Credit Suisse on Monday challenged a court ruling ordering it to pay a US hedge fund $287.5 million (257.6 million euros) in a case linked to the burst housing bubble. A court in the US state ...
Bad loans haunt Greek banks seeking new start
September 8th, 2015
Turned down for a 10,000 euro ($11,100) loan, George Sarris is one of hundreds of thousands of small business owners shunned by Greek banks. Pointing to the parliament building overlooking his small cafe in Athens’ Syntagma Square, the 35-year-old ...
