BusinessEconomy Hedge funds stand to lap up bearish profits from bank stock rout The Cheap InvestorMarch 13, 2023March 13, 20230 By Nell Mackenzie LONDON (Reuters) – Hedge funds ended last week positioned to scoop up winning profits from bearish positions…
AsiaAustralia Silicon Valley Bank is largest failure since 2008 crisis, billions stranded The Cheap InvestorMarch 11, 2023March 11, 20230 By David French, Echo Wang and Alun John (Reuters) – Startup-focused lender SVB Financial Group became the largest bank to…
BusinessEconomy After Silicon Valley Bank’s shutdown, uninsured depositors face tense wait The Cheap InvestorMarch 10, 2023March 10, 20230 By Pete Schroeder WASHINGTON (Reuters) – Silicon Valley Bank’s high level of uninsured deposits helped kick off the run that…
BusinessEconomy SVB debacle sparks rush to defensive options on fears of contagion The Cheap InvestorMarch 10, 2023March 10, 20230 By Saqib Iqbal Ahmed NEW YORK (Reuters) – Traders piled in to defensive options on bank stocks on Friday, a…
BusinessEconomy Ether hits 2-month low as New York AG labels crypto token as security The Cheap InvestorMarch 10, 2023March 10, 20230 (Reuters) – Cryptocurrency token Ether fell to its lowest in two months on Friday after the New York attorney general…
BusinessEconomy Cathie Wood’s ARK Fund set for worst week since Sept as higher rates loom The Cheap InvestorMarch 10, 2023March 10, 20230 By David Randall NEW YORK (Reuters) – Big declines in holdings including Tesla Inc and 2U Inc are leaving star…
AsiaBusiness Markets start signalling Fed may be going too far – Amundi The Cheap InvestorMarch 9, 2023March 9, 20230 By Yoruk Bahceli (Reuters) – Recent moves in bond and equity markets show that investors are starting to worry that…
BusinessEconomy Hedge funds’ Europe stock buying spree unlikely to be maintained -JP Morgan The Cheap InvestorMarch 9, 2023March 9, 20230 By Nell Mackenzie LONDON (Reuters) – Hedge funds’ bullish equity positioning in Europe is in line with some of the…
BusinessEconomy US digital asset fund, venture capital firm to raise $100 million for two new blockchain funds The Cheap InvestorMarch 8, 2023March 9, 20230 NEW YORK (Reuters) – Alpha Sigma Capital, a U.S.-based digital asset fund, and Transform Ventures, a venture capital firm, will…
BusinessEconomy With dealmaking slowing, activist hedge funds target companies’ top brass The Cheap InvestorMarch 8, 2023March 8, 20230 By Svea Herbst-Bayliss NEW YORK (Reuters) – Activist hedge funds that often push companies to sell themselves or divest divisions…