(Reuters) – Canada’s main securities regulator has cleared the launch of the world’s first bitcoin exchange traded fund, providing investors greater access to the cryptocurrency that has sparked an explosion in trading interest. The Ontario Securities Commission has approved the […]

(Reuters) – Bank of America Corp Chief Executive Officer Brian Moynihan’s annual pay fell by about $2 million, or 7.5%, in 2020, a regulatory filing showed on Friday. Moynihan will receive $24.5 million for his work during the year, compared […]

(Reuters) The YouTube streamer known as Roaring Kitty, who helped drive a surge of interest in GameStop Corp, will testify before a U.S. House panel on Thursday alongside top hedge fund managers. To read this article:

(Reuters) – Shares of Bumble Inc, backed by Blackstone Group Inc, soared more than 76% in their stock market debut on Thursday, fetching a $14 billion valuation for the operator of the dating app where women make the first move. […]

(CNBC) Disney took another financial hit during its fiscal first-quarter, as restrictions on attendance at its open theme parks and the continued closure of its California parks weighed heavy on its bottom line. To read this article:

(CNBC) Some Robinhood traders who can’t get in touch with customer service are trying another tactic: showing up at its front door. A handful of Robinhood’s clients have driven to the start-up’s headquarters in California, demanding to speak to a […]

(Opalesque) Hedge funds performed well in 12 months of soaring volatility as returns across the asset class were +16.63% for the year, with the best-performing strategy- equities – delivering +19.64%. “Taken as a whole, equity strategies delivered a net return […]

(Opalesque) During the past five years, there has been a flood of available environmental, social, and governance (ESG) data, but investors still seek better quality, greater transparency, and improved consistency to help inform decisions, according to the latest Cerulli Edge-U.S. […]

(Hedgeweek) Falcon Investment Management a multi-manager hedge fund platform, has launched its first loss program to support early-stage hedge fund managers with seed and acceleration capital. To read this article:

(Opalesque) The global pandemic has pushed institutional investors to amplify their efforts at ESG integration as critical risks and issues come to the fore, said a survey. According to a new survey from MSCI, which draws from a survey of […]

(CNBC) Philadelphia Federal Reserve President Patrick Harker said Thursday that the central bank won’t have to worry about inflation getting in its way anytime soon. To read this article:

(CNBC) Brokerage firm Charles Schwab said Wednesday it is laying off about 200 employees from the combined Schwab-TD Ameritrade company. This is the most recent round of layoffs, following a purge of 1,000 employees in October 2020. “We are taking […]