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High-speed trading firm sued hedge fund last week over lucrative options trading strategy it claims were stolen
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...In his ruling, Castel said that Apollo’s accounting department “deserve[d] significant blame” for the harm done to fund investors but still ruled that Rashid had violated US securities law on investment...
...as evidence for the investment thesis....
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...Job moves Goldman Sachs co-head of European investment banking Gonzalo Garcia has left the bank, according to a memo....
...Barings told the FT that while some of its funds had paused making investments, it “remains open for business and able to invest” through other vehicles such as its US-listed entity....
...There’s a private credit boom going on, and underworked, bonus-anxious investment bankers and their asset management colleagues are ON IT....
...Cannae is the vehicle of Bill Foley, the multi-billionaire who made his fortune in a series of financial technology and financial services companies....
...The deal also included an agreement where Atlas would provide investment management services to some of the assets Credit Suisse retained....
...Jane Street is suing Millennium Management and two former employees for allegedly stealing trade secrets in a rare public spat between two big Wall Street investment firms....
...In 2020, the bank lost out to Morgan Stanley in the $7bn bidding war to buy US investment manager Eaton Vance....
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...Still, though, the bank’s new credit rating, two notches below investment-grade, includes the likes of AT&T and Walgreens. It isn’t yet obvious this is a bank failure waiting to happen. Disagree?...
...Pichai’s incremental approach stands in contrast to Microsoft chief executive Satya Nadella, who has made a series of bold bets on AI, including investing about $13bn into an alliance with OpenAI, a smaller investment...
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