John Paulson is in the final stages of readying a new fund to take advantage of the next big distressed debt play, sources tell CNBC.
BlackRock’s global credit hedge fund is off to its worst start in its 19-year history amid a selloff in bonds as oil prices fell and concerns over a recession rose.
'Resigned to the fact'.
'Most of my cohort is now missing in action'.
Grupo BTG Pactual cut bonus payouts to some traders at its hedge fund unit by as much as 80% following a slump in assets under management, according to a person familiar with the matter.
Jamie Dimon only had to wait a day for his big bet on JPMorgan to pay off.
Bank of America awarded CEO Brian T. Moynihan $16m for his work last year, raising his potential compensation 23%.
'I was working in 2 WTC on September 11th, 2001. It was a normal morning for me. I started at 8am as usual. I remember looking at my manager's editing on some reinsurance documents, when the windows on one side smashed, letting in shards and debris.
Here are a few posts sent in by our readers over the years, as we come to the 15th anniversary of September 11th.
Every year on September 11th, I always remember and re-live that day.