Hedge Funds Assets Shrink Amid Investors Withdraws, Losses
Hedge funds assets fell below $4 trillion in June, dragged down by poor performance and investors' withdraws, data provider HFR showed.
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JPMorgan Asset, American Century Wary of US Equity Bull Trap
Strong stock-market bounce has raised hopes for a sustainable US equity rally, but some money managers are urging caution.
Trader Behind Huge Fed Funds Wager Bags $14 Million in First Day
Trader pocketing big profits for breaking with pack and placing sizable bet that Fed won’t increase size of its interest-rate hikes.
Deserted Stock Market Shows It Can Swerve Any Way at Any Time
A yearlong rush to the exits by institutional investors has left the stock market’s foundation delicate and given to quick swings.
Big U.S. Banks See Loan Growth Slowing as Outlook for Demand, Economy Darkens
Executives warned demand could weaken later this year if the worsening economic outlook starts to hurt consumer confidence.
Bank of America Fined $225 Million for 'Botched' Disbursement of Jobless Benefits During Pandemic
BofA fined $225 million by a pair of U.S. banking regulators over what they called a "botched" handling of jobless benefits.
