LONDON (Reuters) - Asset manager Neuberger Berman, which once belonged to failed investment bank Lehman Brothers, plans a London listing for its first fund dedicated to distressed debt, according to the Financial Times. The privately held company is looking to raise more ...
Money fund assets fell by $36.22 billion to $3.090 trillion in latest week Total money market mutual fund assets fell by $36.22 billion to $3.090 trillion for the week, the Investment Company Institute said Thursday. Assets of the nation's retail money market ...
BRUSSELS (Reuters) - The European Union hit back Thursday against U.S. criticism of plans to crack down on hedge funds, saying its push for openness in the industry met a commitment also given by Washington and others. U.S. Treasury Secretary Tim Geithner ...
NEW YORK (Reuters) - Bank of New York Mellon Corp <BK.N>, the world's largest custodian of financial assets, said it agreed to acquire Germany's BHF Asset Servicing GmbH for $343 million. The acquisition follows BNY Mellon's purchase of PNC Financial Services Group's ...
Money fund assets fell by $39.7 billion to $3.126 trillion in latest week Total money market mutual fund assets fell by $39.7 billion to $3.126 trillion for the week, the Investment Company Institute said Thursday. Assets of the nation's retail money market ...
NEW YORK (Reuters) - Little-known brokerage firm Monness, Crespi, Hardt & Co has long toiled in the shadows of Wall Street, but the boutique suddenly has been thrust into the limelight because of an "ideas dinner" it sponsored last month for a ...
The US Department of Justice reportedly has become the latest government watchdog to probe allegations that investors have used the Greek debt crisis to collude in attacks on the euro. Letters have been sent to hedge funds concerning the investigation, calling on ...
NEW YORK (Reuters) - The U.S. Justice Department has launched an investigation into whether hedge funds might have acted together in betting against the euro, a source familiar with the situation said on Wednesday. The Wall Street Journal, citing people familiar with ...
Report: Justice Department opens investigation into hedge funds trading of the euro The Justice Department is looking into whether hedge funds worked together to drive down the value of the euro, according to a report Wednesday in The Wall Street Journal. The ...
NEW YORK (Reuters) - The Securities and Exchange Commission plans to expand its New York office by about 8 percent this year as the financial regulator focuses more heavily on catching cheaters at hedge funds and brokerages. "We have obtained the funds ...
