New Report: Hedge funds have been pickpocketing wealthy investors
In the complex world of finance, hedge funds have long been viewed as exclusive investment vehicles for the wealthy. However, recent scrutiny as reported by Bloomberg reveals that many hedge funds are not only extracting exorbitant fees from their…
UBS Now Fined Millions For Recommending Clients To Sell Stock
UBS has now been fined millions for recommending clients to sell stock after allegedly suggesting to buy and then dump within 180 days.
Watchdogs Now Detect Systemic Risks From Citadel And Others
Watchdogs have now detected systemic risks from Citadel and others after studying the leverage of non-bank market players.
Founder of Massive Hedge Fund Will Now Serve 18 Years In Prison
The founder of a massive hedge fund will now serve 18 years in prison after a judge rejected a bid that called for less time.
Investment Firm Now Files For Bankruptcy Amid Naked Short Selling Investigation
An investment firm has now filed for bankruptcy amid a naked short selling investigation that resulted in the loss of more than $126 million.