Bill Ackman wants the world to have a better understanding of why people act the way they do.» Read More
Are hedge funds making a comeback? New reports suggest that after months of losses they may be turning a corner.
Hedge funds were not responsible for the current credit crisis, but could cause the next financial crisis if they are not under the right regulatory control, Lord Adair Turner, chairman of the Financial Services Authority, told CNBC.
Disgraced investment manager Bernard Madoff will be seeking leniency at his sentencing on June 29, according to a letter his lawyer filed with US District Court in New York.
Market manipulators are bound to find a way around sweeping reforms proposed for the financial services system, hedge fund manager James Chanos told CNBC.
Wondering what happened to the rally? Cramer puts stocks’ sudden declines into perspective.
It’s a critical time in the price of gold and I think we’re at the precipice of something big, says Guy Adami. Personally, I think the move is...
Exactly a year after swindler Samuel Israel III disappeared, the girlfriend who helped him has been sentenced to four months of home confinement.
Hedge funds posted their best monthly performance in a decade in May, taking advantage of rallying stock markets and distressed opportunities across the board, according to the latest numbers from the Absolute Return Composite of hedge fund indices.
A small but growing number of investors are using their money back parties in a lawsuit, helping companies avoid some of the risks and costs of litigation in exchange for part of any money paid out when the case is settled or resolved by a court.
Cramer wants the uptick rule reinstated, and he has found some friends to join his cause.
Investors might not have to choose yea or nay to profit, Cramer says.
The fall in asset prices brought on by the financial crisis has shrunk the size of sovereign wealth funds belonging to oil-rich countries and Asian exporters, the World Street Journal reported on Wednesday on its Web site.
The Carlyle Group, one of the nation's largest private equity funds, has agreed to pay $20 million and make other reforms to resolve its role in an influence-peddling scandal at New York's public pension fund.
The move, which the dealers can appeal, is likely to cause devastating affects in cities and towns across the country as thousands of jobs are lost and taxes are not paid.
The Obama administration wants government to have a say in how financial institutions pay their employees and is working to change Wall Street practices so that compensation is more closely tied to performance over time.
The Robin Hood Foundation’s spring fund-raising event has long set the pace for charity benefits, raising tens of millions of dollars from publicity-averse hedge fund moguls who engaged in raucous bidding wars. That was then, this is now.
The Treasury will likely notify a group of asset managers later on Wednesday that they were chosen to take part in the first wave of the Public-Private Investment Program funds, CNBC has learned.
Sometimes the technical case for buying a stock is just too good to ignore.
A handful of other financiers are being blamed for precipitating the bankruptcy of an American icon. As Chrysler’s fate hung in the balance Wednesday night, this group refused to bend to the Obama administration and accept steep losses on their investments while more junior investors, including the United Automobile Workers union, were offered favorable terms.
Get the best of CNBC in your inbox
Major market averages may not have much further to fall before indicating that something considerably worse is in store.
A senior investment banker at Barclays is set to leave following a combined 17 years at the bank.
Happy Tuesday. We interrupt our regularly scheduled springtime to bring you ... snow?