The investment bank has an enduring reputational interest in Petershill Partners trading strongly long after its debut.
Governments already use the industry against money laundering and criminal activity. It’s a more efficient way of changing behavior than imposing direct taxes.
After short-sellers were discouraged by a 2016 Hong Kong ruling, the developer and its politically astute founder got to roam free and build up huge amounts of debt.
In a case involving CDOs, an appeals court protects a bedrock principle that protects more than just sellers of risky securities.
The rating downgrade in 2011 didn’t hurt the country’s borrowing costs at all.
A decade ago, political strife provoked S&P to downgrade U.S. debt. The strife got worse, but the debt took flight on a joyride that hasn’t ended.
The Fed is reviewing its rules on policy makers’ trading activities. It should outlaw their buying and selling of individual stocks.
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The developer’s collapse isn’t leading to global contagion, but China’s looming economic disaster might.
Supply chain issues are leaving supermarket shelves empty. Shoppers might yet make things worse.
With 30% of its GDP at risk, China’s economy is more vulnerable to a real estate bust than either America’s or Japan’s was when their bubbles burst.
But only if the UniCredit acquisition jumpstarts reform that Italy’s banking system needs. Already, there are grumblings among those invested in the status quo.
Investors are flocking into fintech apps offering short-term, interest-free loans for fashion and beauty products. Haven’t we seen these risks before?
Finance in the digital age is turning impatient. Younger investors would rather leave the creation of long-gestation assets to sovereign wealth funds and state institutions.
There’s some fine money advice on the web but, investor beware, they are working off the same algorithms that addict you to cat photos.
European fund managers are putting more money into alternative investments. They should tread warily.
If you’re lucky enough to have grown your nest egg, it’s OK to indulge a little now.
It makes sense to indulge after a year of restriction and pain. Plus, new variants could bring future restrictions.
Contingent convertible capital debt is the latest financial instrument to take on the most fashionable shade on the planet.
The senator thinks America’s fourth largest bank by assets should be broken up. That’s going to be more trouble than it’s worth.
The developer’s biggest problem is that its working capital is tied to a massive inventory, largely composed of unfinished projects. Empty parking lots, anyone?
A faster, smoother pathway for transferring multiple digital currencies is coming. Lenders that profit from opaquely priced conversions and fat fees ought to worry.
To muscle out a decent recovery rate, Evergrande’s bond holders need to get tough and political — just like investors in its wealth management products.
Private placement life insurance policies shield investment gains from taxes, but they’re too risky and expensive for people who are merely prosperous.
Bitcoin evangelists and other cryptocurrency advocates are doing themselves no favors by lashing out at regulators.
Everyone has a point about putting your money in the second biggest economy in the world. But some folks want to sell you stuff.
Stumbles in the digital currency’s transition to legal tender may be just that – but a bigger unknown could thwart its evolution.
The bloc could have stronger standards for its climate-friendly bonds but it is still providing a beacon for companies anxious for leadership.
The Japanese tech investor is swapping shares in T-Mobile for a stake in Deutsche Telekom. A cash deal would have been cleaner.
The bank should be wary of exploiting investors’ likely strong demand when it lists assets run by the bank’s fund management unit.
Investing a real estate windfall for retirement is trickier than it was in the days when bonds were rewarding and safe. Here are some do’s and don’ts.
Banks are eager to lend and have lots of cash available for the purpose. As a result, mortgage rates are tumbling.
The SEC chair is taking aim at market makers like Citadel and Virtu, not Robinhood and other brokers.
China’s crackdown on “fan culture” has put an uncomfortable spotlight on the entrepreneur's glitzy inner circle, and raised questions about access to plum investment opportunities.
Wall Street has a history of adding lots of staff just as the market is peaking.
Venture capitalists liked Elizabeth Holmes not for her truthfulness but for her faith in something crazy that nobody else believed in.