 | | | | Credit Suisse (CSGN.S) expects to decide on a new strategy by the end of the year, Chairman Antonio Horta-Osorio said in his first interview since assuming the role at the troubled lender. | | | | | | Former hedge fund manager Scott Bommer is set to launch a hybrid hedge fund and private equity fund under Blackstone Group (BX.N) with close to $2 billion in assets, two sources close to the firm told Reuters. | | | | | | Star stock picker Cathie Wood's ARK Invest is teaming up with 21Shares US LLC, which filed with the U.S. Securities and Exchange Commission on Monday to create a bitcoin exchange traded fund (ETF), the latest fund manager attempting to cash in on investors' growing interest in cryptocurrencies. | | | | | | Jeremy Barnum is not the hard-charging, power-hungry type that people often associate with those in the top echelons of Wall Street. | | | | | | Mitsubishi UFJ Financial Group (8306.T) shareholders on Tuesday defeated a proposal for the bank to align its business with global targets on climate change, dealing a win for the board over investors pushing for more action on the environment. | | | | | | A more than 10% surge in growth stocks since the start of the quarter is fueling a comeback in star stock picker Cathie Wood's ARK funds, which posted some of the worst declines among all U.S. equity funds over the first three months of the year. | | | | | | Qatar Petroleum has hired a group of banks to arrange a four-tranche issuance of U.S. dollar-denominated bonds, a document showed, for what will be its debut public bond sale months after it signed a contract to boost its liquefied natural gas output. | | | | | | Qatar Petroleum hired a group of banks to arrange a four-tranche U.S. dollar-denominated bond sale, comprising five, 10 and 20-year conventional bonds, as well a 30-year Formosa portion, a document showed on Monday. | | | | | | Credit Suisse's top management are under pressure to come up with an overhaul plan for the scandal-hit Swiss bank that could include a potential merger with rival UBS (UBSG.S), three people familiar with its thinking told Reuters. | | | | | | Only 10% of institutional investment firms surveyed by JPMorgan trade cryptocurrencies, with nearly half labelling the emerging asset class as "rat poison" or predicting it would be a temporary fad. | | | | | |
