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By Lisa Abramowicz, Miles Weiss and Christine Harper |
May 8, 2013
Hedge funds using debt-trading strategies are expanding at a record pace as they profit from risks big banks are no longer taking.
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By Gavin Finch and Liam Vaughan |
January 24, 2013
Christian Bittar reportedly lost about $53 million in bonuses after he was fired for trying to rig interest rates.
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By Saijel Kishan, Miles Weiss and Jesse Westbrook |
November 20, 2012
Europe’s second-biggest hedge fund is rebuilding in the United States after largely pulling out during the 2008 financial crisis.
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By Shannon D. Harrington and Mary Childs |
June 26, 2012
Saba Capital Management LP, which bet that Bruno Iksil's large trades distorted credit-derivatives indexes, is exiting its positions as the bank unwinds.
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By Cheyenne Hopkins and Caroline Salas Gage, Bloomberg |
June 4, 2012
When is a hedge not a hedge? That’s the question regulators are confronting after JPMorgan Chase & Co. reported a $2 billion trading loss from a position Dimon called a “hedge.”
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By Lisa Abramowicz, Christine Harper and Saijel Kishan |
May 8, 2012
Wall Street’s biggest banks have lost almost two dozen of their most-profitable credit traders in the past 13 months as regulators limit risk-taking.