Hedge Fund News

Morgan Stanley CEO Steps Down in Middle of Banking Meltdown

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Morgan Stanley CEO Steps Down in Middle of Banking Meltdown

Frank Nez May 19, 2023

Morgan Stanley (NYSE:MS) CEO James Gorman said on Friday he plans to step down as CEO this...

FINRA Extends NY Court Date in New MMTLP Case

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FINRA Extends NY Court Date in New MMTLP Case

Frank Nez May 18, 2023

FINRA has extended the NY Supreme Court date in the latest MMTLP case filed by Mark Basile...

New Robinhood Glitch Raises Massive Red Flags

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New Robinhood Glitch Raises Massive Red Flags

Frank Nez May 17, 2023

Users are experiencing a new Robinhood (NASDAQ:HOOD) glitch that is raising massive red flags amongst the retail...

The Next Big Financial Crisis Will Emerge from AI Says Gensler

Gary-Gensler-AI

The Next Big Financial Crisis Will Emerge from AI Says Gensler

Frank Nez May 17, 2023

The next big financial crisis will emerge from AI says SEC Chairman Gary Gensler as concerns rise...

Wells Fargo Agrees to Pay $1 Billion in New Lawsuit

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Wells Fargo Agrees to Pay $1 Billion in New Lawsuit

Frank Nez May 16, 2023

Wells Fargo has agreed to pay shareholders $1 billion to settle a new class action lawsuit after...