EU says US Treasury chief Geithner has pressed it on hedge fund rules The U.S. has pressed the European Union on draft rules to regulate hedge funds, but should respect Europe's right to decide its own legislation, a top EU finance official ...
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 ...
US Treasury Secretary Timothy Geithner has warned the European Commission its plans to regulate hedge funds and private equity groups could spark a transatlantic row, a paper reported Thursday. Geithner hit out at a draft European Union directive that would impose tighter ...
BERLIN (Reuters) - Commercial banks will come to resemble hedge funds over time unless new rules are introduced setting limits on proprietary trading, White House economic adviser Paul Volcker said on Saturday. In a speech at the Bellevue presidential palace in Berlin, ...
NEW YORK (Reuters) - Barclays Capital Real Estate sought a summary judgment against hedge fund D.E. Shaw, saying it was owed $15 million stemming from a loan default, according to court documents seen on Friday. Barclays said it made a $212.32 million ...
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 has become the latest government watchdog to probe allegations that traders have used the Greek debt crisis to collude in attacks on the euro. The Wall Street Journal on Wednesday reported that at least four hedge funds ...
Largest hedge fund insider trading case ever produces 10th guilty plea in New York A former vice president of California chipmaker Atheros Communications has pleaded guilty to insider trading charges. Ali Hariri becomes the 10th person to plead out of the largest ...
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 ...
