funds

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NEW YORK, July 5 (Reuters) – European hedge funds have reduced their exposure to U.S. banks at a fast pace since the beginning of the year, while roughly keeping their positioning in European banks, Goldman Sachs (GS.N) said in a recent report sent to clients.

Citing free-speech grounds, a judge has dismissed a lawsuit filed by a coalition of Black Lives Matter chapters against the BLM Global Network Foundation that accused the foundation of defrauding the local activist groups. Los Angeles Superior Court Judge Stephanie Bowick heard arguments on the case in April, took the case under submission and issued […]

Listen to article (2 minutes) NAIROBI—The sting operation went off perfectly. Kenyan police detectives subsidized by the U.S. government pretended to be in the market for a live pangolin, an endangered, armadillo-like animal whose scales and meat fetch a high price in parts of Asia. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. […]

NAPERVILLE, Illinois, June 25 (Reuters) – Speculators were forced to abandon more short positions in Chicago grains and oilseeds last week as U.S. crop health further deteriorated under an exceptional dry spell. In the four-day week ended June 20, money managers erased a combined 100,000 gross short positions across CBOT corn, wheat, soybeans, soy products, […]

June 23 (Reuters) – U.S. equity funds recorded their biggest outflows in 12 weeks for seven days ended June 21 as the Federal Reserve’s hawkish stance sparked worries of more rate hikes this year. Investors offloaded U.S. equity funds worth a net $16.47 billion in their biggest weekly net selling since March 29. They had […]

Binance, Binance.US and the Securities and Exchange Commission (SEC) announced a deal to ensure that only Binance.US employees could access customer funds late Friday in the short-term. According to the proposed agreement, which still needs sign-off from the federal judge overseeing the case, Binance.US will take steps to make sure that no Binance Holdings (referring […]

June 17 (Reuters) – Binance, Binance.US and the U.S. securities regulator announced a deal to ensure that only Binance.US employees could access customer funds in the short term, CoinDesk reported on Saturday, citing a proposed agreement. Under the agreement, which still needs sign-off from the federal judge overseeing the case, Binance.US will take steps to […]

Racial Disparity in States’ Victim Compensation Funds  Bay to Bay News Source link

LONDON, May 10 (Reuters) – Bank of America (BAC.N) has hired former BNP Paribas banker Benoit Nevouet to be the manager of a newly created Luxembourg branch as the U.S. lender seeks to grow its business in Europe, a senior executive at Bank of America told Reuters.

ORLANDO, Florida, May 1 (Reuters) – Hedge funds are doubling down on their wager that the U.S. yield curve will steepen and have extended their short positions in 5-year and 10-year Treasuries futures to historic levels. The ‘bear steepener’ trade – where heavy selling of longer-dated bonds widens the yield gap over shorter-dated maturities – […]


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