Steve Cohen's new firm, Point72 Asset Management, generated billions in profit in 2014, reports the New York Times.» Read More
The SEC announced that it has charged hedge fund founder Steven Cohen for failing to supervise two senior employees and preventing them to engage in insider trading. CNBC's Tyler Mathisen reports the details of the charges.
Investigations into SAC Capital's suspected insider trading continue, though the deadline to file criminal charges is approaching. CNBC's Kate Kelly, and The New York Times' Peter Lattman, discuss.
Prosecutors are reportedly considering charging SAC Capital's Steve Cohen with "willful blindness" in the insider trading case, reports CNBC's Kate Kelly. Bradley Bond of Cadwalader and Tom Sporkin of Buckley Sandler weigh in.
The President is going to Ireland, mortgage apps, M&A activity, and CNBC's Robert Frank looks at the summer auction season in London.
Discussing the troubles facing SAC Capital, with CNBC's Kate Kelly; CNBC Contributor Ron Insana; and Peter Lattman, The New York Times.
SAC Capital lost close to $3 billion last week, reports CNBC's Kate Kelly. A civil settlement with the SEC for $600 million did not dissuade Federal prosecutors from pursuing a criminal probe.
CNBC's Kate Kelly reports that Q2 redemptions at SAC Capital are close to $3 billion, in line with expectations, but nearly half of the company's external capital.
Prosecutors are zeroing in on Steve Cohen's SAC Capital. The New York Times' Jim Stewart discusses whether traders will turn on Cohen, with CNBC's Kate Kelly.
CNBC's Kate Kelly reports a tentative trial date for former SAC trader Mathew Martoma was set for November 4th. Prosecutors may also seek a "superseding indictment," which would likely be more detailed. she says.
Riot police continue to use tear gas against the protestors in Instanbul, reports CNBC's Seema Mody; and Ed Conard, American Enterprise Institute, discuss what Steve Cohen and his team at SAC Capital can do amid charges.
CNBC's Kate Kelly reports that SAC Capital expects to lose a large portion of its $6 billion in outside capital.
CNBC's Kate Kelly reports SAC insiders expect to lose billions of dollars today.
SAC Capital could lose billions more from investors this quarter as Monday's deadline for redemption arrives, vs. $1.68 billion yanked during the first quarter.
As part of the government's ongoing insider trading investigation into SAC Capital, three senior executives have been subpoenaed, reports CNBC's Mary Thompson.
CNBC's Kate Kelly offers insight on news 3 SAC Capital executives received subpoenas as part of the U.S. government's insider trading probe at the hedge fund.
Three SAC Capital executives received subpoenas as part of the U.S. government's insider trading probe at the hedge fund, reports CNBC's Mary Thompson.
SAC Capital is under investigation for insider trading, and its founder Steve Cohen has received a subpoena to testify about his company before a grand jury, reports CNBC's Kate Kelly.
SAC Capital's Steve Cohen is reportedly being subpoenaed to testify before a grand jury, and JPMorgan's Jamie Dimon is facing a crucial vote on his Chairman and CEO roles, with CNBC's Kate Kelly and Kayla Tausche.
CNBC's Kate Kelly has the latest details on alleged insider trading at the hedge fund.
SAC deadline for Q2 investor redemptions will now be June 3, reports CNBC's Kate Kelly.