By Noel Randewich and Caroline Valetkevitch (Reuters) -Shares of U.S. banks extended recent losses on Friday, with regional banks hit hardest, as SVB Financial Group’s failure reverberated acros[...]
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SVB debacle sparks rush to defensive options on fears of contagion
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Traders piled in to defensive options on bank stocks on Friday, a day after a tumble in the shares of SVB Financial Group sparked worries over the lende[...]
Read moreEther hits 2-month low as New York AG labels crypto token as security
(Reuters) – Cryptocurrency token Ether fell to its lowest in two months on Friday after the New York attorney general labeled it a security, bracketing it with assets such as stocks and bonds an[...]
Read moreCathie Wood’s ARK Fund set for worst week since Sept as higher rates loom
By David Randall NEW YORK (Reuters) – Big declines in holdings including Tesla Inc and 2U Inc are leaving star stock picker Cathie Wood’s flagship ARK Innovation Fund on pace for its worst[...]
Read moreMarkets start signalling Fed may be going too far – Amundi
By Yoruk Bahceli (Reuters) – Recent moves in bond and equity markets show that investors are starting to worry that the Federal Reserve may hike rates too far, a senior fund manager at Europe[...]
Read moreHedge funds’ Europe stock buying spree unlikely to be maintained -JP Morgan
By Nell Mackenzie LONDON (Reuters) – Hedge funds’ bullish equity positioning in Europe is in line with some of the highest levels of the past five years but the appetite for stocks may fad[...]
Read moreUS digital asset fund, venture capital firm to raise $100 million for two new blockchain funds
NEW YORK (Reuters) – Alpha Sigma Capital, a U.S.-based digital asset fund, and Transform Ventures, a venture capital firm, will raise $100 million for two new funds focused on the blockchain and[...]
Read moreWith dealmaking slowing, activist hedge funds target companies’ top brass
By Svea Herbst-Bayliss NEW YORK (Reuters) – Activist hedge funds that often push companies to sell themselves or divest divisions are increasingly calling for top executives to be replaced, a ch[...]
Read moreAnalysis-Investors revive inflation trades as 6% Fed rate risk grips Wall Street
By Davide Barbuscia NEW YORK (Reuters) – Spooked by a flurry of hotter-than-expected U.S. economic and inflation data last month, investors are reviving trading strategies that bet on a higher p[...]
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