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Billionaire BlackRock CEO Larry Fink runs the world's largest asset manager. Here's how he became...
Business Insider via Yahoo Finance Canada· 3 days agoAfter graduating, Fink worked at First Boston, the investment bank later bought by Credit Suisse. ...
Top Banks Ramp up AI Hiring as the Race for AI Talent Continues
Digital Journal· 4 days agoLONDON, UNITED KINGDOM / ACCESSWIRE / July 12, 2024 / The world's biggest banks now employ more than 112,000 AI-related roles, according to AI benchmarking and intelligence platform Evident.
Increasing tradFi partnerships open door to retail access for tokenized securities
CryptoSlate· 4 days agoTaurus recently received approval from FINMA to offer tokenized securities to retail investors...
HSBC Retracts Trader’s Downbeat Research on Qatar’s Economy
Bloomberg via Yahoo Finance Canada· 4 days ago(Bloomberg) -- HSBC Holdings Plc retracted a memo offering a downbeat assessment of Qatar’s economy...
Archegos founder and CFO found guilty of fraud, market manipulation
Axios· 5 days agoArchegos founder Bill Hwang and former CFO Patrick Halligan were convicted of defrauding major banks...
Jefferies Winds Down Hedge Fund 352 Capital in Wake of Lawsuit
Bloomberg via Yahoo Finance Canada· 5 days ago(Bloomberg) -- Jefferies Financial Group Inc. is winding down trading positions at its hedge fund...
Archegos founder Bill Hwang guilty in multibillion-dollar fraud case
Digital Journal· 5 days agoKorean-born Hwang on 10 of the 11 charges he faced, according to US media. Hwang’s family-owned...
Archegos speculator Bill Hwang could spend the rest of his life behind bars after his disastrous...
Fortune via Yahoo Finance Canada· 5 days agoFederal jury finds Hwang lied to lenders over the size and scope of his bets on stocks like...
Bill Hwang Trial’s Big Moments: Tears, Mad Dash, Goldman Money
Bloomberg via Yahoo Finance Canada· 5 days ago(Bloomberg) -- After seven weeks of testimony, the jury in Bill Hwang’s market manipulation trial...
Archegos founder found guilty of fraud, market manipulation
Banking Dive· 5 days agoCo-defendant Patrick Halligan, Archegos’s CFO, was convicted on all three counts he faced, including fraud and racketeering. Credit Suisse, which has since ...