Hedge Funds Private Equity and Hedge Funds

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  • LONDON, April 22- Sterling rose more than 1 percent against the euro to a one-month high on Friday, bolstered by a swing of betting odds and polls towards the campaign for Britain to remain in the European Union as U.S. From 37 percent earlier this week, the chances of Britain voting to leave the EU in the June 23 referendum fell to 32 percent, according to the Betfair...

  • LONDON, April 22- Sterling was set to rack up its best week since early March on Friday, helped by a swing of betting odds and polls towards the campaign for Britain to remain in the European Union as U.S. From as much as 37 percent earlier this week, the odds on Britain voting to leave in June sank to 32 percent on Friday on prediction website Betfair.

  • Bank of America, digital bar

    Wall Street firms are looking to provide consumers better service at smaller brick-and-mortar outlets with digital help.

  • In a letter to the U.S. Securities and Exchange Commission, the Massachusetts Democrat said the regulator's decision to approve the firm, Stamford Harbor Capital L.P., makes "a mockery of the SEC's core mission to' protect investors." "The Commission has permitted a recidivist hedge fund manager, well-known for his former company's willingness to evade and ignore...

  • A pedestrian carries an umbrella while walking past the New York Stock Exchange.

    It will take senior bank execs longer to get bonuses paid, if one agency gets its way.

  • A rates board is seen outside of a Forex outlet in central London, Britain, February 22 , 2016. Sterling headed towards its biggest loss in almost six years against the dollar on Monday, hit by a rise in the odds on a "Brexit" after a handful of senior ruling Conservatives joined the campaign to leave the European Union.

    Wall Street's next headache could be coming from across an ocean, depending on the Brexit vote.

  • April 20- The parent of Britain's Daily Mail said on Wednesday it had not submitted a bid to buy Yahoo Inc's core Internet business, but was in talks with potential suitors of the American company. Verizon Communications Inc was set to advance to the second stage of bidding and private-equity firms Apax Partners LLP, TPG Capital LP, Bain Capital LLC, Apollo Global...

  • Sterling may lose one-quarter of its value if the U.K. votes to leave the European Union in its referendum, says the head of a top London hedge fund.

  • Beat the market

    Investment banking is hit hard in the first quarter as deals and IPOs plunge amid volatility.

  • San Francisco April 19- Yahoo Inc's first-quarter results beat Wall Street estimates by a hair on Tuesday in what was taken as a good sign for the web pioneer's plan to auction its core business. Under pressure from activist shareholder Starboard Value LP and others, Yahoo has ramped up a sale of its media, email and other web businesses. Private equity firms Apax...

  • Cliff Robbins, founder Blue Harbor Group

    When you invest in a company for two years or more, you're really investing in a management team, an activist investor told CNBC.

  • Pedestrians hold an umbrella in the rain while walking on Wall Street

    Wall Street banks are seeing profitability slide, and have no choice but to take it out on their own.

  • April 19- Privately held outdoors retailer Bass Pro Shops has partnered with Goldman Sachs Group Inc's private equity arm to make an offer for U.S. hunting and fishing store chain Cabela's Inc, people familiar with the matter said. The move gives Bass Pro the equity financing necessary to pursue Cabela's and makes such a deal more likely, given the potential cost...

  • April 19- GP Investments Acquisition Corp said it agreed to buy the owner of World Kitchen LLC, which makes Pyrex and Corelle kitchenware, in a $566 million cash-and-stock deal. GPIAC, owned by Brazilian private equity firm GP Investments Ltd, said on Tuesday it would issue 6.5 million of its shares at $10 each to WKI Holding Co Inc's shareholders.

  • NEW YORK, April 19- Activist investor Jeffrey Smith, whose Starboard Value hedge fund wants to replace the entire board at Yahoo Inc, said this approach often works best to revive an ailing company but cautioned that path is not always possible. At Yahoo, Starboard is working to repeat a feat that earned the hedge fund headlines two years ago, when it won all 12 seats...

  • Freefall skydivers

    Wall Street banks reported ugly quarters for FICC trading desks, which took a beating in a volatile market.

  • *Yunhee Yoo to launch Cascade Ridge Capital in early 2017. LONDON, April 19- Former Canyon Capital analyst Yunhee Yoo is starting her own credit hedge fund, Cascade Ridge Capital, three sources familiar with the matter told Reuters, and aims to launch in early 2017 with $150 million in assets. She is joined by Mitchell McCullough, former president at...

  • LONDON, April 19- Brent futures prices are signaling the market expects a rapid tightening of the supply-demand balance in the second half of 2016.. The spread between futures prices for oil delivered in June and July has moved into a backwardation of 17 cents per barrel from a contango of almost 50 cents at the end of last month. The spread between July and August...

  • WASHINGTON/ BOSTON, April 18- The heads of the major U.S. financial regulatory agencies on Monday raised concerns about a concentration of leverage in large hedge funds and called for a working group to collect and analyze data on the privately held firms in a report on asset management. But the Financial Stability Oversight Council, tasked with finding and...

  • WASHINGTON/ BOSTON, April 18- The heads of the major U.S. financial regulatory agencies on Monday raised concerns about a concentration of leverage in large hedge funds and called for a working group to collect and analyze data on the privately held firms in a report on asset management. In a rare public meeting late on Monday, the regulatory group, including the...