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Goldman Sachs' Top Lawyer Kathy Ruemmler To Resign After Emails Show Close Ties To Jeffrey Epstein
Goldman Sachs' top lawyer Kathy Ruemmler to resign after emails show close ties to Jeffrey Epstein.
Robinhood CFO Defends Its Future As Shares Slide 9% After Earnings
Robinhood (HOOD) has dreams of being the "financial super app," but Wall Street isn't buying into the vision.
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Wamco Investigation Examining 17,000 Trades Over Three Years
Western Asset Management Co. is examining a subset of about 17,000 trades conducted by Ken Leech.
Investors Rush To Money Market Funds Before Fed Rate Cut, BofA Says
Investors poured $37 billion into cash-like money market funds (MMFs) Bank of America (BAC) said on Friday, as they braced for rate cuts in September.
Fund Beats 99% Of Peers With Outsized Ukraine Bond Returns
A fund focused on buying junk bonds has crushed just about all of its competitors by loading up on debt from corporations in Ukraine.
El-Erian Says Market Is Pricing In Too Many Fed Rate Cuts
Traders are overplaying the prospects of an aggressive series of Fed interest-rate cuts before the end of the year, according to Mohamed El-Erian.