Citadel posts record revenues for hedge fund, securities ops in 2022 – source
(Reuters) – Kenneth Griffin’s Citadel marked record revenues in its hedge fund and electronic-trading businesses for 2022 despite turmoil in…
Business
Market misery deals sovereign wealth funds historic setback in 2022 -study
By Marc Jones LONDON (Reuters) – Heavy falls in stock and bond markets over the last year have cut the…
Investors look for ‘Santa Rally’ after grim year in U.S. stocks
By David Randall NEW YORK (Reuters) – Bruised investors are hoping a so-called Santa Claus rally can soften the pain…
Banker bonuses go from boom to bust in jarring reversal
By Lananh Nguyen, Saeed Azhar and Lawrence White NEW YORK/LONDON (Reuters) -Bankers in New York and London are bracing for…
Buyout funds rethink deal financing amid shortage of debt
By Andres Gonzalez and Pablo Mayo Cerqueiro LONDON (Reuters) – Private equity funds are rethinking how they pull off large…
Retail traffic data highlights 2022 holiday winners and losers
By Arriana McLymore NEW YORK (Reuters) – With three days to go before Christmas, retailers across the United States and…
Turnover surges as funds rush to exit private equity stakes
By Rae Wee SINGAPORE (Reuters) – Private equity holdings are being sold at a record clip in an opaque secondary…
Goldman to cut thousands of staff as Wall Street layoffs intensify -source
By Saeed Azhar and Lananh Nguyen NEW YORK (Reuters) – Goldman Sachs Group Inc is planning to cut thousands of…
Retail investors turn to ETFs as recession fears knock down meme stocks
By Medha Singh (Reuters) – Retail investors are doubling down on Exchange Traded Funds (ETFs) as rising interest rates and…
Dutch plan highest borrowing in a decade for 2023
By Yoruk Bahceli AMSTERDAM (Reuters) – The Netherlands expects to borrow 101.5 billion euros ($107.8) on the debt markets next…