By Chibuike Oguh NEW YORK (Reuters) – Blackstone Inc Chief Executive Stephen Schwarzman said on Wednesday that redemptions in his firm’s $69 billion non-traded real estate income trust (RE[...]
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Europe’s BNP Paribas appoints senior executives to Global Markets Americas division
(Reuters) – BNP Paribas SA has appointed several senior executives to its Global Markets Americas division, the European bank said on Wednesday, in a move to further consolidate its presence in[...]
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Blackrock says calls for increased overweight in inflation-linked bonds
(Reuters) – Asset manager Blackrock on Wednesday said that a new regime of greater macroeconomic and market volatility means that investors should demand more compensation for taking the same le[...]
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Analysis-EU avoids sledgehammer to crack euro clearing nut – for now
By Huw Jones LONDON (Reuters) – European Union plans to shift derivatives clearing worth trillions of euros from London to the bloc have ditched hardline rhetoric in favour of pragmatism that sh[...]
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Tipping Point: New tip guidelines for holiday giving
By Chris Taylor NEW YORK (Reuters) – If you ever want to start a raging family debate over the holiday dinner table, forget religion or politics – just bring up the subject of tipping. There are[...]
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Pinterest reaches deal with activist Elliott; Steinberg to join board
NEW YORK (Reuters) – Pinterest on Tuesday said it reached a deal with Elliott Management, the activist investment firm that has offered up ideas on how to improve operations at the image sharing[...]
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Exclusive-Goldman Sachs on hunt for bargain crypto firms after FTX fiasco
By Iain Withers and Lawrence White LONDON (Reuters) – Goldman Sachs plans to spend tens of millions of dollars to buy or invest in crypto companies after the collapse of the FTX exchange hit val[...]
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Citadel celebrates banner year at Disney as Wall Street nurses losses
By Svea Herbst-Bayliss NEW YORK (Reuters) -For much of Wall Street, trading this year has been like riding a wild roller coaster. For thousands of employees of Citadel and Citadel Securities, the hedg[...]
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Texas may offer exit path for sanctioned financial firms
By Ross Kerber (Reuters) – A Texas official has offered big financial companies a potential avenue to leave an energy sanctions list if they drop out of corporate groups aiming to limit global e[...]
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