CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Citadel has poached a second London-based portfolio manager from rival Elliott Investment Management, suggesting Ken Griffin’s hedge fund is looking to adopt activist tactics. Pawel Serej, who left Elliott in the summer, is joining […]
Trafigura profits drop to 4-year low as energy markets ‘normalise’ #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Profits at Swiss trading house Trafigura have dropped to a four-year low as the company deals with a $1.1bn fraud in its Mongolian oil division and the end of bumper earnings fuelled by the […]
Tether’s friend in the White House #NewsMarket
CashNews.co This is an on-site version of the White House Watch newsletter. You can read the previous edition here. Sign up for free here to get it on Tuesdays and Thursdays. Email us at [email protected] Good morning and welcome to White House Watch. Steff will be back in the saddle on Tuesday. For today, here’s what’s on deck: […]
Is M&A back? #NewsMarket
CashNews.co Is M&A back? Read More #cashnews #newsfinace #finance #FollowsCashnews
The dangers of investor groupthink #NewsMarket
CashNews.co The dangers of investor groupthink Read More #cashnews #newsfinace #finance #FollowsCashnews
Donald Trump’s election win sparks trading surge for banks and brokers #NewsMarket
CashNews.co Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump’s election victory last month ignited a trading frenzy at brokerage houses and Wall Street banks as expectations for sweeping policy changes added fuel to a US stock rally. Trading volumes […]
Will Trump’s new antitrust enforcers help make M&A great again? #NewsMarket
CashNews.co Animal spirits are back on Wall Street. The return of “Merger Monday” this week, with a wave of large transactions being announced at the same time, was the strongest indication yet that dealmakers are gearing up for a robust comeback under president-elect Donald Trump. The recent surge in activity — $35bn in transactions in […]
The crypto crown princes who could ‘win, win, win’ under Trump #NewsMarket
CashNews.co Standing under a “Bitcoin 2024” logo at a US crypto conference this summer, Donald Trump likened the audience of “bitcoiners” to the inventors and industrialists who pioneered high-tech industries at the turn of the 20th century. “You are the modern day Edisons and Wright Brothers and Carnegies and Henry Fords,” he said. “My job […]
Syria’s acting finance minister pushes plan to revive war-torn economy #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Syria’s vital border crossing with Jordan is set to reopen on Sunday for the first time since rebels toppled Bashar al-Assad’s regime, the country’s de facto finance minister said, as its new rulers seek […]
ServiceTitan shares pop 42% in debut #NewsMarket
CashNews.co Shares in software provider ServiceTitan have closed their debut up 42 per cent in New York, wrapping up the US calendar for large public listings with an encouraging signal for 2025. The lossmaking group, which provides tradespeople with services such as scheduling and advertising, raised $625mn selling shares at $71 apiece, having raised its […]