FA News

Philadelphia Hedge Fund CEO Arrested For Alleged $105 Million Fraud

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Brenda Smith falsely promised 30% returns through sophisticated, liquid investments, authorities said.

Investors Slam On Brakes In Emerging Markets As Risks Escalate

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Investors have been shaken by fears of a global slowdown, Trump's trade war and the collapse of the Argentine market.

Liquidity Fears Stalk The $4 Trillion ETF Market. Here's One Fix

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Some see a potential cure in a practice that’s commonplace in Europe but banned in the U.S.

Citi Adopts $15 Minimum Wage After Prod From Maxine Waters

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The move comes after Citi was roasted by Congress for paying its CEO 486 times more than its median worker pay.

Companies Securitize Everything As Investors Reach For Yield

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This year borrowers have sold more than $6.9 billion of securities known as whole-business securitization.s

Investors Downplay Self-Proclaimed Bitcoin Inventor’s Liquidation Warning

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Billions of dollars of Bitcoin could be liquidated depending on a court's ruling in a theft case.

Trade Tantrums Turn U.S. Stock Market Into A Macro Play

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The S&P 500’s top constituents have shown a tendency to move in tandem over the past month.

Finra Bars Former RBC Broker For Pocketing $1.1M Windfall

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Thomas Lee Johnson knowingly transferred money that was mistakenly deposited to his RBC account.

Jeffrey Epstein’s Accusers Get Their Day In Court

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Though he died in a jail cell hanging, Jeffery Epstein's accusers still seek to have their voices heard.

Ex-Fed Official Dudley’s Call To Block Trump Draws Criticism

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Former New York Fed president Bill Dudley said that the central bank should stop cutting rates.

Opioid Fines Could Reach $150 Billion In Worst-Case Scenario

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Major drug makers may pay big to settle opioid-related lawsuits.

Former Merrill Lynch Broker Arrested For Allegedly Swiping Millions From Investors

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One of his victims was a man who won a $5 million settlement after being wrongfully jailed for 20 years, prosecutors said.

$1.5B Team Joins Dynasty Partner Summit Trail

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Summit Trail Advisors, a partner of Dynasty Financial Partners, is staffing its new Harrisburg, Penn., office with former Wilmington Trust advisors Jonathan D. Williams and Kevin C...

National Holdings To Buy $2.5B Winslow, Evans & Crocker

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The deal is expected to close in the first fiscal quarter of 2020.

U.S. Pension Plan Buyout Sales Rose Above $4.7B in Q2

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Limra SRI said a record number of companies reported contract sales in 2019

Pension World Reels From 'Financial Vandalism' Of Falling Yields

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A recent steep decline in global bond yields adds new pressure to pensions.

Time To Buy Equities Again Is Fast Approaching, Says JPMorgan

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With the major U.S. indexes down approximately 3.5% in August, analysts are brightening on equities.

Here’s How Wildly Stocks Swing When Trump Mentions The Trade War

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Even the president himself acknowledges that his Twitter posts are stressful for investors.

These Macro Funds Are Winning Big In August As Volatility Surges

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As global equity markets become more volatile, hedge funds are soaring on the backs of "haven" assets.