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Showing 1 - 10 of 3717 results for %22Wall Street%22

Billionaire quant investing legend Jim Simons dies

ANDREW MCKEAN  |  MONDAY, 13 MAY 2024
... secret sauce lay in its preference for recruiting mathematicians, physicists, and computer scientists over traditional Wall Street professionals. In 1994, Simons and his wife, Marilyn Simons, founded the Simons Foundation, which is dedicated to supporting ...

Bitcoin ETFs given green light by US regulator

ANDREW MCKEAN  |  THURSDAY, 11 JAN 2024
... approval of spot bitcoin ETFs should add further confidence to the digital asset ecosystem and could pave the way for Wall Street to move deeper into cryptocurrencies as an asset class," he said. "The move to approve a spot bitcoin ETF will finally provide ...

Wall Street firms slugged $442m for recordkeeping breach

KARREN VERGARA  |  WEDNESDAY, 9 AUG 2023
BNP Paribas Securities, Moelis & Company, and Wells Fargo are among 11 firms that copped massive fines that totalled US$289 million ($442m) after the Securities and Exchange Commission (SEC) found that they used personal apps to conduct business. From ...

BlackRock Bitcoin ETF: A landmark institutional event?

ANDREW MCKEAN  |  MONDAY, 26 JUN 2023
... institutional event in Bitcoin history. Sidelska said the BlackRock ETF filing is a definitive stamp of approval by Wall Street that Bitcoin is "institutionally investable" or an asset class that's not going away. Of note, in the two weeks since ...

Soros hands the reins to son

CHLOE WALKER  |  FRIDAY, 16 JUN 2023
... charitable Open Society Foundations and political action committee, confirmed by the new successor in an interview the Wall Street Journal. Open Society Foundations is active in more than 120 countries around the world and funnels approximately $2.2 ...

JPMorgan among banks to bid in First Republic sale

CASSANDRA BALDINI  |  MONDAY, 1 MAY 2023
... reduced revenues. Its share price is down almost 98% year on year and dropped 75% in the past five days. Last week, The Wall Street Journal reported people familiar with the matter confirmed final bids were made to rescue the bank and a decision on its ...

ASX shifts slightly on Credit Suisse, First Republic

CASSANDRA BALDINI  |  FRIDAY, 17 MAR 2023
... to be quite dovish by investors, so that was supportive of European shares," he said. "Then the US opened." Over on Wall Street, First Republic Bank received a $30 billion backing from Bank of America, Citigroup, JPMorgan Chase, Wells Fargo, Goldman ...

Credit Suisse, oil prices see ASX fall: CommSec

CASSANDRA BALDINI  |  THURSDAY, 16 MAR 2023
The ASX fell 1.4% this morning following chaos at Credit Suisse that spurred on Wall Street downturns, but this isn't the only reason we're seeing a slump. Commonwealth Bank subsidiary CommSec explained the Aussie market opened down 97pts or ...

Deutsche Bank, DWS raided over greenwashing

JAMIE WILLIAMSON  |  WEDNESDAY, 1 JUN 2022
... staff. The former executive, Desiree Fixler, was let go from DWS after less than a year in the role. She later told The Wall Street Journal that the group's fund managers ignored calls to use ESG information as part of their decision making and that ...

Charges laid in lengthy ASIC investigation

JAMIE WILLIAMSON  |  MONDAY, 16 MAY 2022
... others. This included paying for cosmetic surgery for his partner, buying a house and paying off debts owed to 'Wolf of Wall Street' Jordan Belfort. The misconduct was uncovered while ASIC was looking into the misappropriation of funds from the IPO for ...
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