Steve Cohen steps away from trading floor
Steve Cohen has stepped away from the trading floor.
While the billionaire hedge fund founder…
Bostic broke rules but didn't insider trade: Fed watchdog
The US central bank’s internal watchdog chastised Federal Reserve Bank of Atlanta President…
Ken Griffin says Citadel hires 'winners in life'
Citadel has an ultrahigh bar when it comes to hiring, and even after being hired, traders still have…
Billionaire hedge funder sipped a drink as he was found criminally responsible for $100 billion in shareholder losses
The founder of Archegos Capital Management, a hedge fund that collapsed in 2021, was convicted…
S&P 500 rebalance: Here are the stocks that are joining and getting booted
KKR & Co. Inc., CrowdStrike Holdings, Inc. and GoDaddy Inc. will join the S&P 500 as part of…
Wall Street has returned to T+1 trading for the first time in a century. How much longer until T+0?
A few days after the settlement cycle for U.S. securities returned to T+1—meaning “trading day…
Berkshire Hathaway: NYSE to cancel erroneous trades in Warren Buffett business after incident
On June 3, a data glitch led the global conglomerate’s stock price to fall to $185 a share, having…
UK fines bank over mistake that triggered 2022 market crash
It’s officially one of the costliest typos ever: UK financial regulators just fined Citigroup…
Ex-wife of F1 billionaire Bernie Ecclestone sets up family office to manage $881M divorce settlement
The superrich have often faced an age-old dilemma in handling their eye-watering fortunes. Do they…