Which hedge funds are making a fortune off the higher swipe fees (Business Insider) Columbus Circle, Tiger Global, RenTech, Citadel, DE Shaw, Caxton.
Bank Of America Corp cut about 60 jobs in its equity sales and trading unit to lower expenses (Reuters) Only 60? Seems ridiculous in a 2,500 workforce.
Goldman Sachs tells NY Labor Dept that the investment bank could lay off 230 employees (WSJ) Tiny, tiny cuts.
Yeah, It's Too Quiet (Business Insider) Everyone wonders what to obsess about next.
The bet against China is getting a bit more crowded (Fortune) Today's hip bets are: short green energy, short China, and contrarian counter-trading internet stocks (buy dips, short rips).
UK Unions Step Up as Europe's Left Wanes(CNBC) The latest chapter in the austerity wars.