David Tepper, co-founder of Appaloosa Management, spoke with Bloomberg TV's Stephanie Ruhle and Erik Schatzker on "Market Makers" this week.
The country’s largest banks are rolling out a new service that could help them lessen their reliance on expensive data terminals like those sold by Bloomberg L.P.
Royal Bank of Canada decided against spinning off its U.S. proprietary trading business into a hedge fund, leaving the lender to weigh alternatives to comply with looming banking regulations.
Worldwide M&A up 59%, surpassing full year 2013 levels
Perhaps it's no surprise, but first-year bankers at Wall Street's biggest firms are a very white and male bunch.
Pimco's flagship Total Return Fund saw an estimated $23.5 billion in outflows in September, the investment firm said Wednesday.
Brian Moynihan elected Chairman of the Board of Directors.
Global ECM activity up 27%
Global syndicated lending increases 9% from 2013
Growth in the world’s $70tn (£43tn) shadow banking system is a risk to financial stability and monitoring of the sector is inadequate, the International Monetary Fund has warned.
Morgan Stanley has hired Jako van der Walt to lead its investment banking business for South Africa, rejoining the firm he left about 10 years ago, according to a memo obtained by Bloomberg News.
The 13% drop in U.S. stocks from their 2015 highs has not only messed with tens of thousands of working-class 401(k) accounts, but also knocked more than a dozen American executives from the billionaires’ club.
JPMorgan said it faces further investigations into conflicts of interest in the way it sold and used its own investment products.