BarclayHedge and TrimTabs Investment Research reported today that the hedge fund industry took in $5.1bn (0.3% of assets) in August, reversing a $9.2bn outflow (0.5% of assets) in July.
Yep, no turning back at this firm.
Jefferies Group, the investment bank that’s 1/28th the size of Goldman Sachs Group Inc., is more effectively avoiding trading losses this year than larger Wall Street firms.
JPMorgan Chase CEO Jamie Dimon said he did the U.S. a favor by buying Bear Stearns Cos. in 2008 and he might not go through with it again because of how much the deal ultimately cost.
Top executives at buyout firms including Blackstone Group, KKR, Bain Capital and Carlyle Group assured each other in e-mails that they wouldn’t compete on deals to avoid driving up prices and angering competitors, according to a now public court complaint.
Mind the language, Jamie.
Goldman Sachs probably will post a third-quarter profit that exceeds Wall Street estimates more than that of any other big bank, according to International Strategy & Investment Group LLC.
Tighe Sullivan, co-founder of WCAS Fraser Sullivan Investment Management LLC, was killed in a helicopter crash in Pennsylvania while returning from a golf outing. He was 51.
Here's a few of the latest moves as reported by Reuters.
Now this might make you think.
McDonald's customer satisfaction ratings are getting worse, and it's dragging the rest of the fast food industry down with it, according the American Customer Satisfaction Index Restaurant Report 2015.
The U.K.'s economy had a better start to 2015 than previously thought - and British consumers seem to think it's the boom years of the early noughties again.
One big loser from Greece’s (likely) default is the reputation of the International Monetary Fund.