Has Ziggy Stardust finally gone for real ? Music icon David Bowie is said to have died Sunday, just days after his 69th birthday and the release of his latest album.
When the European Central Bank announced a smaller-than-expected stimulus plan last month, Brevan Howard, one of Europe’s largest hedge funds, was one of the biggest casualties. Its master fund is said to have lost $670m after misreading the runes.
The second-in-command at Standard Chartered stands to receive a pension worth almost £500,000 a year when he leaves the emerging markets-focused bank at the end of 2016.
Nearly a dozen people accused of manipulating a key rate of lending between European banks are due to make their first appearances in court this week in the latest of several rate rigging prosecutions brought by the Serious Fraud Office.
Fresh strikes by London Underground drivers look set to go ahead as the long-running row over Night Tube working conditions continues.
Londoners spend on average over £6,000 on their jobs each year just getting to and from work, as well as buying work-related items, new research has shown.
The Financial Conduct Authority is "not going soft on banks", its interim chief executive Tracey McDermott said after the regulator dropped probes into the banking industry.
Regulators on Friday banned Point72 Asset Management's Steven Cohen from supervising hedge funds until 2018.
Happy new year, investors. US stocks have suffered their worst first week of the year since records began.
The FTSE 100 index fell again on Friday, finishing just under 6,000 to cap off a bad week, as concerns over the Chinese economy continued to weigh.
Funds of hedge funds lost more than $100bn in 12 months because of outflows and poor performance, according to a new report.
Pelham Capital’s main hedge fund lost about 10% in June as the U.K.’s shock decision to exit the European Union sparked turmoil in global equity markets, according to two people with knowledge of the matter.
U.S. banks got a reprieve last week when the Federal Reserve gave them one more year to comply with a Volcker Rule ban on investing in private equity and hedge funds.