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Amy Cooper, who was fired from her job as head of insurance investment, could face up to one year in jail, three years of probation or a $1,000 fine.
July 7
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Jacob Gottlieb, whose $8 billion fund shuttered amid an insider trading scandal two years ago, received a $150,000 to $350,000 loan for his new shop.
July 7
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Some of the industry’s biggest players are taking a wait-and-see approach as active, non-transparent funds take their crucial first steps.
July 2
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The manager is still recovering from losses that started in 2015, when his main fund fell 20%, and deepened with a record 34% decline three years later.
July 1
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The central bank is now the third largest holder of the $54 billion iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD).
July 1
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The industry outranked asset classes including private equity and venture capital, which have historically ranked higher in a Credit Suisse survey.
June 30
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The firm had a target of joining the "$1 trillion club." Instead, clients withdrew more than $157 billion from its 2017 merger to the end of last year.
June 30
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Speculative investors bought a net 206,227 S&P 500 E-mini contracts in the week to June 23, the most since 2007.
June 29
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As much as $16 trillion of global wealth may be wiped away this year as a result of volatility and economic fallout from the pandemic.
June 25
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Cboe’s first new entry will be a suite of four volatility indexes with different tenors based on the iShares 20+ Year Treasury Bond ETF.
June 25
