-
2 days ago | 
advisorperspectives.com | Donal Griffin |Francine Lacqua
Ken Moelis, the veteran Wall Street dealmaker, predicted a golden era of prosperity across the globe, shrugging off tariff uncertainty and wars in the Middle East. “The world is getting better every day,” Moelis said in an interview on Bloomberg Television Wednesday, citing increased government spending in Europe along with opportunities in the UK and even potentially Iran. “If you keep your eyes on the long term, I’m very optimistic.
-
3 days ago | 
news.bloombergtax.com | Donal Griffin |Francine Lacqua
Ken Moelis, the veteran Wall Street dealmaker, predicted a golden era of prosperity across the globe, shrugging off tariff uncertainty and wars in the Middle East. “The world is getting better every day,” Moelis said in an interview on Bloomberg Television Wednesday, citing increased government spending in Europe along with opportunities in the UK and even potentially Iran. “If you keep your eyes on the long term, I’m very optimistic.
-
3 days ago | 
bloomberg.com | Donal Griffin |Francine Lacqua
Ken Moelis on June 25. Photographer: Betty Laura Zapata/Bloomberg(Bloomberg) -- Ken Moelis, the veteran Wall Street dealmaker, predicted a golden era of prosperity across the globe, shrugging off tariff uncertainty and wars in the Middle East. “The world is getting better every day,” Moelis said in an interview on Bloomberg Television Wednesday, citing increased government spending in Europe along with opportunities in the UK and even potentially Iran.
-
2 weeks ago | 
bloomberg.com | Harry Wilson |Donal Griffin |Ambereen Choudhury
Mark Tucker(Bloomberg) -- With the clock ticking in the hunt for HSBC Holdings Plc’s next chairman, Europe’s largest bank is speeding its efforts to assemble a list of candidates for the role. Chairman Mark Tucker’s announcement last week that he would leave HSBC in September to take on a non-executive chairman role at AIA Group Ltd. came as a surprise to some of his fellow board members, who thought they’d have more time to find his replacement, according to people familiar with the matter.
-
2 weeks ago | 
flipboard.com | Harry Wilson |Donal Griffin |Ambereen Choudhury
5 hours agoWhat was it like to work inside Elon Musk's DOGE? The cost-cutting initiative promised transparency, but most of its actions have been shrouded in secrecy. For months, there were reports of software engineers and Trump loyalists entering agencies and accessing sensitive data. DOGE also helped the …
-
2 months ago | 
news.bloomberglaw.com | Donal Griffin |Greg Ritchie |Meg Short
Argentex Group Plc, the UK finance firm set up to help customers manage volatile currency swings, should have taken some of its own advice. The London-based brokerage amassed US dollar trades for its clients yet didn’t obtain enough collateral from them in return, people familiar with the matter said. That’s partly because Argentex pursued a high-risk strategy with some customers known as “zero-zero lines,” according to the people, who requested anonymity as details aren’t public.
-
2 months ago | 
bloomberg.com | Donal Griffin |Greg Ritchie |Meg Short
The City of London. (Bloomberg) -- Argentex Group Plc, the UK finance firm set up to help customers manage volatile currency swings, should have taken some of its own advice. The London-based brokerage amassed US dollar trades for its clients yet didn’t obtain enough collateral from them in return, people familiar with the matter said.
-
2 months ago | 
bloomberg.com | William Shaw |Donal Griffin
Nomura Holdings head office in Tokyo. (Bloomberg) -- Nomura Holdings Inc. is weighing a return to offering cash prime-brokerage services in the US and Europe, businesses it largely exited just four years ago following the implosion of Archegos Capital Management. As part of the push, Nomura hired Matias Bercun, a 17-year veteran of Barclays Plc, to run the prime brokerage business globally, according to people familiar with the matter.
-
2 months ago | 
news.bloomberglaw.com | Nishant Kumar |Donal Griffin
Brevan Howard Asset Management is offering discounted fees for some clients in its flagship hedge fund and lowering charges to those willing to lock in capital for longer, as the firm battles the worst start to a year in more than two decades. The macro trading firm is reducing the 30% performance fees charged to certain clients to 20% in the $11.4 billion Brevan Howard Master Fund, according to people with knowledge of the matter. It’s also offering clients reduced management fees.
-
2 months ago | 
bloomberg.com | Nishant Kumar |Donal Griffin
Brevan Howard Asset Management is offering discounted fees for some clients in its flagship hedge fund and lowering charges to those willing to lock in capital for longer, as the firm battles the worst start to a year in more than two decades. The macro trading firm is reducing the 30% performance fees charged to certain clients to 20% in the $11.4 billion Brevan Howard Master Fund, according to people with knowledge of the matter.
