Edition:
United States

Svea Herbst-Bayliss

'Who broke the law?' Cohn says in defending Wall Street's role in crisis

Sep 17 2018

NEW YORK Gary Cohn, the former economic adviser to U.S. President Donald Trump, gave a ringing endorsement of Wall Street bankers on Monday, arguing that borrowers were just as responsible for the 2007-2009 financial crisis as lenders and ridiculing rules intended to make the system stronger in its aftermath. | Video

Exclusive: Hedge fund Diamondback founders Schimel and Sapanski plan new fund - sources

Sep 13 2018

NEW YORK The founders of Diamondback Capital, one of a handful of hedge funds touched by the U.S. government's insider trading probe, have reunited and are working on a new investment project, people familiar with the matter said.

RPT-iM Global buys stake in U.S. liquid alternatives firm

Sep 13 2018

NEW YORK, Sept 13 Investment firm iM Global Partner bought a stake in Dynamic Beta investments, a U.S. firm that tries to duplicate large hedge funds' strategies but for far lower fees.

iM Global buys stake in U.S. liquid alternatives firm

Sep 13 2018

NEW YORK Investment firm iM Global Partner bought a stake in Dynamic Beta investments, a U.S. firm that tries to duplicate large hedge funds' strategies but for far lower fees.

Hedge fund HG Vora builds Caesars stake, to push for divestiture or sale: sources

Sep 12 2018

Hedge fund HG Vora Capital Management LLC has built a 4.9 percent stake in U.S. casino operator Caesars Entertainment Corp , seeking to persuade it to explore options that could include divestitures or an outright sale of the company, people familiar with the matter said on Wednesday.

Third Point launches proxy fight for full Campbell board

Sep 11 2018

Billionaire investor Daniel Loeb's Third Point LLC is launching a proxy fight to remove the entire sitting board at Campbell Soup Co, charging the American food company with being in a "mess" and faulting the board for failing to take corrective action. | Video

Exclusive: Campbell Soup steps up CEO search, COO a contender - sources

Sep 10 2018

Campbell Soup Co's board is drawing up a list of CEO candidates, with Chief Operating Officer Luca Mignini emerging as the top internal contender, as the company seeks to fend off a proxy challenge from Daniel Loeb's hedge fund, Third Point LLC, people familiar with the matter said.

RPT-EXCLUSIVE-Campbell Soup steps up CEO search, COO a contender -sources

Sep 10 2018

Sept 9 Campbell Soup Co's board is drawing up a list of CEO candidates, with Chief Operating Officer Luca Mignini emerging as the top internal contender, as the company seeks to fend off a proxy challenge from Daniel Loeb's hedge fund, Third Point LLC, people familiar with the matter said.

EXCLUSIVE-Campbell Soup steps up CEO search, COO a contender -sources

Sep 09 2018

Sept 9 Campbell Soup Co's board is drawing up a list of CEO candidates, with Chief Operating Officer Luca Mignini emerging as the top internal contender, as the company seeks to fend off a proxy challenge from Daniel Loeb's hedge fund, Third Point LLC, people familiar with the matter said.

RPT-Hedge fund Tide Point shutting down after six years -sources

Sep 06 2018

BOSTON, Sept 5 Hedge fund Tide Point Capital Management is shutting down due to the majority owner's personal wishes, the latest casualty in the $3 trillion industry which has faced increasing challenges in raising money and delivering top returns, two sources with knowledge of the move said on Wednesday.

World News