(CNBC) The crisis that led to the downfall of three regional U.S. banks in recent weeks is largely over after the resolution of First Republic, according to JPMorgan Chase CEO Jamie Dimon. JPMorgan emerged as the winner of a weekend […]

(CNBC) Stock futures are modestly lower Monday night as investors prepared for the Federal Reserve’s May policy meeting to kick off. Futures tied to the Dow Jones Industrial Average slipped 44 points, or 0.1%. S&P 500 futures and Nasdaq-100 futures […]

(CNBC) Treasury Secretary Janet Yellen on Monday warned that the United States may run out of measures to pay its debt obligations by June 1, earlier than the government and Wall Street had been expecting. In a letter to House Speaker Kevin McCarthy, […]

(CNBC) An advocacy group backed by Facebook received a $34 million donation from an anonymous donor as it waged a battle against antitrust legislation that would have more tightly regulated the tech industry. A person who works with the group, […]

(Hedgeweek) Having correctly predicted in February that the rally in emerging markets between October and February would soon reverse, Man Group, the world’s largest listed hedge fund, says risky assets will see even bigger losses later this year, according to […]

(CNBC) Charlie Munger believes there is trouble ahead for the U.S. commercial property market. The 99-year-old investor told the Financial Times that U.S. banks are packed with “bad loans” that will be vulnerable as “bad times come” and property prices […]

(CNBC) U.S. stock futures were flat in overnight trading Sunday after the major averages logged gains for April, and the Dow Jones Industrial Average notched its best month since January. Futures tied to the Dow dipped 30 points, while S&P […]

(CNBC) U.S. regulators have asked banks for their best and final takeover offers for First Republic in a move that authorities hope will calm markets and cap a period of uncertainty for regional lenders. JPMorgan Chase and PNC are likely […]

(Hedgeweek) Dubai is on the way to becoming a global hedge fun hub with more than 60 firms said to be currently in discussions to establish a presence in the city’s Dubai International Finance Centre, according to a new report […]

(CNBC) Twitter’s former CEO Jack Dorsey has openly criticized Elon Musk’s leadership of the company in a series of social media posts writing that “it all went south” and Musk “should have walked away” from the acquisition. Users of Bluesky, a […]

(Hedgeweek) Steve Cohen’s Point72 has demonstrated the value it places on nurturing the next generation of quant analysts, by offering a bumper $300k salary for a teacher to educate its up and coming graduate trainees, according to a report by […]

(Hedgeweek) Man Group pulled in more than $1 billion in inflows into its funds in the first quarter, amid wider outflows from the hedge fund industry as the sector struggled with surging volatility and fears of a banking crisis. To […]