(Bloomberg) Bank of America Corp. signed a lease for office space in Paris, formalizing plans to move its European trading hub to the French capital after Brexit, people familiar with the decision said. The U.S. lender agreed to rent about […]

(FINalternatives) Nearly two-thirds of asset managers regard content marketing as their most effective marketing tool, according to a new survey from financial services digital marketing specialist Kurtosys, with more than three out of five planning to increase their investment in […]

(Dealbreaker) While literally everyone has spent most of this year recruiting, hiring and poaching quants to build the investing machines of the future, those machines are proving somewhat fallible. Meanwhile, a handful of meat sacks are showing that there’s still […]

(Opalesque) Hedge Funds notched their eleventh consecutive monthly increase in September with a gain of 1.32%, according to the Barclay Hedge Fund Index compiled by BarclayHedge. The index has risen 7.57% so far in 2017 and has increased 9.60% for […]

(FINalternatives) Momentum in private capital secondaries activity continued in the third quarter, according to new research from Preqin, as six funds raised $5.4 billion to put 2017 well ahead of last year’s pace and on track to break 2016’s record […]

(FINalternatives) Global alternative investment giant KKR has raised $1.1 billion in capital commitments for a new credit fund aimed at investing in junior tranches of commercial mortgage-backed securities as an eligible third-party purchaser. To read this article:

(Hedgeweek) With less than three months until the introduction of MiFID II, in some parts of the industry there is a palpable sense of panic as the deadline looms. To read this article:

(Bloomberg) Another hedge fund is calling it quits. To read this article:

(Reuters) Procter & Gamble Co repelled a challenge from activist investor Nelson Peltz for a board seat on Wednesday after shareholders backed all 11 directors nominated by the U.S. consumer goods company’s management. Peltz had been seen as the favorite […]

(The Business Insider) Billionaire Steve Cohen’s longtime top trader is leaving ahead of the hedge fund manager’s expected supersize return to managing outside money. Phil Villhauer is leaving Cohen’s family office, Point72, after working for Cohen since 2002, the New […]

(Bloomberg) Billionaire Paul Singer’s hedge fund Elliott Management Corp. has built a stake in Smith & Nephew Plc, the maker of artificial hips and knees, according to people familiar with the matter. To read this article:

(The Business Insider) Goldman Sachs is continuing to fill its ranks with top tech talent to cement its position as a leading technological force on Wall Street. On Tuesday the financial services powerhouse said Jeff Wecker, a former senior manager […]