Recent Posts

The next banking scandals are going to be personal

Since the financial crisis, banking scandals have been expensive; now the attention may turn increasingly personal. After more than $372 billion of fines, significant progress has been made in getting the industry to root out wrongdoing. Just recently, the European Commission fined five companies a total of 1.1 billion euros ($1.2 billion) for colluding in the foreign-exchange market. Financial firms, ...

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Tame inflation makes $131bn bond-auction deluge palatable

Bloomberg A $131 billion deluge of Treasury notes is about to hit with yields at their lowest in more than a year. But bond traders can take heart: This week is also expected to bring confirmation that inflation remains tame, which could bolster demand. The trade impasse enveloping the US and China has put global economic growth in question and ...

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US technology hedge fund beats Nasdaq

Bloomberg Lucrative opportunities in technology stocks centre around identifying shifts from an old way of doing things to a better way, like from email to instant messaging or from phoning in food orders to doing it online. Investing with that in mind for nearly a decade has helped Silicon Valley-based Light Street Capital beat the Nasdaq, according to Barron’s in ...

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