Bloomberg

Bloomberg
Displaying 12909 results
Big tech in focus for hedge funds in Q2
NEWS INDUSTRY NEWS AUG 15, 2023
Big tech in focus for hedge funds in Q2

Meta, Microsoft, and Apple were among the top picks for funds.

EMs under pressure give money managers a jolt
NEWS INDUSTRY NEWS AUG 15, 2023
EMs under pressure give money managers a jolt

Emerging markets are heading for their worst month since February.

UBS reaches $1.44B settlement in DOJ mortgage-bond case
NEWS WIREHOUSES AUG 14, 2023
UBS reaches $1.44B settlement in DOJ mortgage-bond case

The case, which dates back to 2006 and 2007, relates to the issuance, underwriting and sale of the securities.

Financial firms hate the term 'ESG' but are sticking with the strategy
INVESTING ESG AUG 14, 2023
Financial firms hate the term 'ESG' but are sticking with the strategy

About two-thirds of respondents to a Bloomberg survey say they'll stop using ESG in conversations with clients but continue to incorporate it in their business.

Schwab says TD Ameritrade deal causing retail, advisory attrition
NEWS INDUSTRY NEWS AUG 14, 2023
Schwab says TD Ameritrade deal causing retail, advisory attrition

Finance chief Crawford says company has stepped back from some custodial relations Ameritrade offered institutional clients.

Stocks and bonds gain as China acts on debt
NEWS INDUSTRY NEWS AUG 14, 2023
Stocks and bonds gain as China acts on debt

Also in focus this week, the latest Fed FOMC minutes.

Former CEO of failed crypto exchange FTX in custody
NEWS INDUSTRY NEWS AUG 14, 2023
Former CEO of failed crypto exchange FTX in custody

Sam Bankman-Fried's bail was revoked for alleged witness tampering.

SEC delays decision on ARK bitcoin ETF filing
INVESTING ALTERNATIVES AUG 11, 2023
SEC delays decision on ARK bitcoin ETF filing

As the SEC puts off deciding on spot bitcoin ETF, 21Shares and ARK file for a fund that would invest in bitcoin futures.

In CEO race, Morgan Stanley hopes for drama-free handoff
YOUR PRACTICE PRACTICE MANAGEMENT AUG 10, 2023
In CEO race, Morgan Stanley hopes for drama-free handoff

Outgoing CEO Gorman wants an outcome in which the rejected finalists stay with the firm.

Eyes on US inflation data, commodity prices rise
NEWS INDUSTRY NEWS AUG 10, 2023
Eyes on US inflation data, commodity prices rise

Treasuries flat while global stocks gain in early trading Thursday.