Rothschild Tussles Over 1980s Bond as Holders Chase Payout
Rothschild & Co. is facing pressure from some bondholders who want the bank to repurchase a deeply discounted bond sold almost 40 years ago.
Recent
Bank Results Reveal Stark Divide as Industry Recovers From Turmoil
Profits for JPMorgan Chase (JPM) and Wells Fargo (WFC) surged in the second quarter while falling sharply at Citigroup (C).
Bonds Are Hostage to an Elusive Neutral Rate That Keeps Shifting
bond market’s re-energized bulls may want to dial down their excitement, fortunes hinge on abstract, almost elusive number, is as low as they assume.
Hedge Fund King Street Raising Funds for ‘Slow-Motion Car Crash’ in Credit
Brian Higgins has helped guide King Street Capital Management to pounce on some of most high-profile distressed debt events of the past two decades.
The US Yield Curve Has Hit its Deepest Inversion Since 1981: What is it Telling Us?
Expectations of rate hike by Fed to tame stubbornly high inflation helped push part of US Treasury yield curve to its deepest inversion since 1981.
Tiger-Backed Hedge Fund Yulan Shuts Amid China Investing Woes
Tiger Management LLC-backed hedge fund manager Yulan Capital Management LLC has shut down after rising geopolitical risks it harder invest in China.
GoldenTree Nets About $100 Million on Credit Suisse Turmoil
GoldenTree Asset Management made about $100 million in profit in the weeks following an emergency rescue of Credit Suisse by UBS.
