EX-BANK OF AMERICA EXECUTIVE MALIK TO LAUNCH FUND ADVISORY FIRM
Omeed Malik, a former Bank of America Merrill Lynch executive, is preparing to launch an advisory firm for hedge funds and other…
Read More Monthly Archives: January 2018
APPLE GIVES EMPLOYEES $2,500 BONUSES AFTER NEW TAX LAW
Apple Inc. told employees that it’s issuing a bonus of $2,500 worth of restricted stock units, following the introduction of the new U.S.…
Read More 
U.S. BANKS HAVE LOST MORE THAN $1 BILLION ON STEINHOFF LOANS
Steinhoff International Holdings NV’s accounting scandal is getting costly for U.S. banks. Four of the nation’s biggest U.S. lenders disclosed more than…
Read More 
GOLDMAN SACHS AND KEN GRIFFIN FUNDS GIVE BIG TO OBAMA FOUNDATION
Donald Trump’s tax cuts may be helping Wall Street, but some of its biggest names haven’t forgotten Barack Obama. Philanthropic funds connected to Goldman Sachs…
Read More 
SOFTBANK-BACKED AGRI-TECH FIRM TO BUILD INDOOR FARMS IN CHINA
Vertical farming startup Plenty Inc. plans to build 300 indoor farms in or near major Chinese cities to meet rising demand from…
Read More 
ECB SUPERVISION OF FAILING BANKS IS FLAWED, AUDITORS WARN
The European Central Bank has “flaws” in its procedures for identifying and dealing with banks in crisis, European Union auditors said. The…
Read More 
HYUNDAI MOTOR GROUP PLEDGES 45,000 HIRES, $22 BILLION INVESTMENT OVER 5 YEARS
South Korea’s Hyundai Motor Group pledged to hire about 45,000 people over the next five years amid an emphasis on jobs by…
Read More 
CLEAN ENERGY INVESTMENT ROSE TO $333.5 BLN IN 2017, RESEARCH SHOWS
New clean energy investment worldwide rose by 3 percent last year to $333.5 billion from a year earlier, driven by a surge…
Read More 
SAUDI ARAMCO SNUBS UBS AND BANK OF AMERICA FOR LISTING ROLES
Saudi Aramco has not invited UBS and Bank of America Merrill Lynch to pitch for senior advisory roles in its stock market…
Read More 
ROKOS HEDGE FUND IS SAID TO LOSE IN 2017 AS MACRO PEERS SUFFER
Chris Rokos’s hedge fund lost 3.4 percent last year, joining a number of large macro-trading peers who struggled to make money, according…
Read More