Bill Ackman is known for going all-in on his investments, and he's putting it all on Michael Bloomberg.» Read More
Mikhail Malyshev, the founder of hedge fund Teza Technologies and the former head of Citadel's high-frequency trading team, has been indicted for perjury, FinAlternatives reports.
The Saudi foreign minister appears to be blaming foreigners for the unrest in Saudi Arabia—and his message on outside interference is this: "We will cut any finger that crosses into the kingdom."
JPMorgan emerged as the first Wall Street firm to the confessional Friday, conceding that economic growth in the first quarter will be far less than earlier optimistic projections.
The insider trading allegations against former McKinsey & Co. chief Rajat Gupta led to a bitter dispute between federal prosecutors and securities regulators, according to people familiar with the matter.
It was a dark and stormy night. A dozen or so men from the higher reaches of hedge funds and private equity firms had gathered together in the basement of a building in Greenwich Village. The purpose that had brought the dozen together was not plotting out the next big trade.
These men were there to play ball. Literally. They were playing basketball.
Just because covenant-lite loans didn't implode during the last credit crisis doesn't mean they're safe: The next downturn in the credit markets may be all it takes to push the risky loans over the cliff face.
An oil price spike may not be as bad as you'd think.
That's the message of an analysis from Ross DeVol, the Executive Director of Economic Research at The Milken Institute, who has taken the long-term view on the looming oil price crisis.
It's deadline time again for the NFL as the team owners and players stare in the face another expiration date.
Historically, the NFL has never lost an entire season to a strike. But its worth asking, from a credit-wise perspective, how long could the stadiums and teams hold out without having a negative impact on their credit?
I spoke with Jodi Hecht, director of Project Finance at Standard and Poor's, who recently ran analysis on this. At first S&P said if there was a work stoppage, the stadiums and teams could make their debt payments for as long as two years. They recently revised their outlook to one year. I decided to ask her why.
What will define his legacy is whether the Fed went beyond its mandates and laid the groundwork for peril ahead.
Google's renamed parent company is set to become the latest investor to back Symphony. The FT reports.
The Fed cannot raise interest rates because the market is not pricing in a hike, Joseph LaVorgna told CNBC.