Bruno Iksil, known as "the London Whale" for trades which resulted in the loss of more than $5 billion at JPMorgan Chase & Co. (NYSE:JPM), was concerned about the size of trades he was making, but his concerns were ignored by the investment bank's management. That information comes from a US Senate panel currently reviewing the trades.
As the need for speed in high frequency trading (HFT) intensifies, with the difference between success or failure often measured in milliseconds, a Chicago company is now linking the NYSE... Read More
Retail stocks have underperformed this year as sales figures have come in below expectations. However, Ken Burgess of Systematic Financial Management believes that some of the sector's most recognizable names... Read More
ValueWalk's Raul Panganiban interviews Dr. Howard Schilit, the Sherlock Holmes of Accounting and the author of Financial Shenanigans. In this part, Dr. Schilit discusses the four categories of manipulation... Read More
SoFi - Uber For Banks Is Here by David R. Henderson, Foundation For Economic Education And It's Throwing Regulators for a Loop But isn't SoFi cherry-picking loans? Absolutely. Why can't banks... Read More
In 2014, two of the world's largest travel companies announced that they had agreed to terms on a merger. London-based TUI Travel announced that it was merging with TUI... Read More
Much of Asia, the continent where Hayman Capital’s Kyle Bass among other hedge fund managers who have sold major central bank policies short, is “vulnerable as risks rise,” a Credit... Read More
Uncle Sam May Tip Deutsche Bank Over The Edge by Justin Murray, Mises Institute On September 16, 2016, the US Justice Department threatened Deutsche Bank with a $14 billion fine... Read More
In Greek mythology, Icarus was the son of the famous craftsman Daedalus, who was imprisoned along with his son by King Minos of Crete. As the story goes, to... Read More
Dov Gertzulin's DG Value Partners ended 2018 with a mixed performance. Q4 hedge fund letters, conference, scoops etc Skitterphoto / Pixabay The firm runs two portfolios based on the same strategy, one... Read More
Dan Loeb's Third Point just released its Q2 letter that details performance and investment outlooks for the flagship Third Point Offshore Fund. The master fund was up 3.3% in... Read More
