Infamous Hedge-Fund Trade Draws Fresh Scrutiny as Debt Battle Rages On
A highly leveraged bond trade that’s become popular with hedge funds is drawing fresh scrutiny three years after it blew up spectacularly.
A highly leveraged bond trade that’s become popular with hedge funds is drawing fresh scrutiny three years after it blew up spectacularly.
Ford Motor Co. struck a deal with rival Tesla Inc. to give its electric-vehicle customers access to the Tesla Supercharger network, a move toward a single industry standard to simplify recharging.
More disappointing inflation news could help to persuade Federal Reserve policymakers to raise interest rates again, giving ammunition to hawks who argue there’s more work needed to restore price stability.
The halcyon days of mega deals are over — at least for now — and a new playbook for leveraged buyouts is emerging, according to the chatter at an annual industry event hosted by Goldman Sachs Group Inc.
With the artificial-intelligence hype sweeping across Wall Street, a massive inflow turned a popular ETF tracking chipmakers into the largest of its category.
European Central Bank Chief Economist Philip Lane said the continent’s services sector will help fuel economic growth — even as Germany endures a recession.
A former trader at Canada’s Polar Asset Management Partners who last year confessed to front-running his firm’s trades has pleaded guilty to another crime — this one involving tips he provided to a friend at a New Jersey broker-dealer about confidential merger talks.
Dutch Finance Minister Sigrid Kaag is considering her political future over continued threats from conspiracy theorists and right wing extremists.
Morgan Stanley’s chief US equity strategist isn’t convinced the stock rally is here to stay and strengthened his warning about a potential market downshift later this year.
JPMorgan Chase & Co. subpoenaed documents from the Manhattan district attorney’s office about a possible complaint of sexual assault made against former executive Jes Staley, according to a court filing.