Hedge Fund Made $30 Million in Days Thanks to a Well-Timed Bet on Credit Suisse’s Problems
It’s been a tumultuous few weeks for Swiss lender Credit Suisse—but one hedge fund has reportedly won big from the bank’s collapse.
Recent
Cathie Wood Suffers Double Blow as Drama Hits Coinbase and Block
An activist short seller attack on one US firm and threat of regulatory action against another have conspired to deal a double blow to Cathie Wood.
Hedge Funds May Have Turned Dollar Bulls at Just the Wrong Time
Hedge funds couldn’t have picked a worse time to turn bullish on the dollar.
JPMorgan Says Treasuries Coping Amid Worst Liquidity Since 2020
Federal Reserve can look past low liquidity in the Treasuries market and continue with its rate hikes.
'Big Short' Michael Burry Sounds the Alarm on Two U.S. Banks
The legendary investor indicates that the majority of Comerica and U.S. Bancorp deposits are uninsured.
Pimco, Invesco Face Losses in Credit Suisse Debt Writedown
Credit Suisse’s so-called Additional Tier 1 bonds have been wiped out after the bank’s takeover by UBS Group AG.
Cathie Wood Plows Millions Into Her Newest Investment
The famed investor is showing her bullish side more than ever.
