(New York Times) Two years ago, the Federal Reserve faced a predicament: One of its New York employees had leaked confidential government information to a banker at Goldman Sachs….But the Fed is now preparing an enforcement action of its own […]

(CNBC) Swiss private bank Julius Baer said on Monday its assets under management rose 4 percent to 311 billion Swiss francs ($315 billion) in the first six months of 2016. Switzerland’s third-largest listed bank posted net new money of 3.7 […]

(Bloomberg) Richard Scarinci, a managing director for Blackstone Group LP, joined Partners Capital, which manages $17 billion for endowments, foundations and others. Scarinci, 34, a co-portfolio manager in Blackstone’s hedge fund solutions group, was named a partner and will manage […]

(Reuters) Activist hedge fund Marcato Capital Management said on Monday it had acquired a 5.1 percent stake in casual restaurant chain Buffalo Wild Wings, sending the company’s share price up as much as 4.5 percent. In a filing with the […]

(Yahoo Finance) During an interview on Real Vision Television, former global macro fund manager Raoul Pal asked Misrahi for his best short idea at the moment.“Well, this could get me more in trouble. There is one trade I think you […]

(Fin Alternatives) Worries about job growth, political uncertainty and market volatility are what keep investment managers up at night despite generally rising market sentiment, according to the most recent quarterly survey by Northern Trust Asset Management. More managers viewed U.S. […]

(CNBC) Verizon Communications on Monday announced plans to acquire Yahoo for $4.8 billion in cash, ending months of uncertainty after Marissa Mayer’s battered internet giant company said it would review strategic alternatives. Share prices of both companies initially moved slightly […]

(Fin Alternatives) Goldman Sachs is launching a new private equity fund for which it hopes to raise $5-$8 billion, the first such vehicle for the global investment bank since the financial crisis. To read this article:

(Bloomberg) Chris Hentemann has two pieces of art on the walls of his corner office in midtown Manhattan. One is an oversize photograph of the cockpit of his twin-engine Beechcraft Baron. The other is an Andy Warhol print of Muhammad […]

(Harvest) The failed July 15 coup in Turkey served as a useful reminder to investors that emerging market equities, which have been far outpacing major advanced country stock indexes nearly seven months into the year, are clearly prone to political […]

(The Telegraph) The HSBC executive arrested last week in an American fraud probe was once responsible for regulatory compliance at a hedge fund he ran before joining the bank. Mark Johnson, global head of foreign exchange cash trading at HSBC, […]

(Bloomberg) As one of the world’s biggest investors in hedge funds, it’s Raymond Nolte’s job to find traders who can navigate even the toughest markets. Right now, he doesn’t trust anyone to do that in Japan. The chief investment officer […]