Ackman Has Big Win on Bearish Market Bet
William Ackman's Pershing Square just scored big on a bearish bet that enabled him to sidestep steep market losses.
Challenge Now Is Executing Massive Stimulus Effort, Fed's Bullard Says
St. Louis Fed leader James Bullard said Wednesday the challenge now is putting the rescue effort into action.
RBC Seeks Fire-Sale Buyers for Seized Mortgage Debt
Canada's largest bank by assets is moving to protect itself as pain spreads through the mortgage market.
Startup Funding Dwindles Due to Coronavirus Slowdown
Early-stage funding for startups is drying up as the coronavirus outbreak puts investors on edge, spelling trouble for large corporations looking to snatch up innovative technology and talent.
Hedge Funds That Cashed In When Oil Prices Cratered
The crash in oil prices this month has been a brutal comeuppance for the energy world. But it has also generated profits for a handful of niche hedge-fund managers.
Coronavirus Shows Cash Is King, Even for Biggest U.S. Companies
The fast-spreading coronavirus has prompted even the biggest U.S. companies to cut their spending and bolster their balance sheets, proving once again how cash is king, especially in times of crisis.
Credit Suisse Cuts Former Chief Executive's Bonus Due to Spying-Scandal Fallout
Credit Suisse Group said it docked around $2.24 million from former chief executive Tidjane Thiam's 2019 bonus because of the "significant impact" of last year's spying scandal on the bank's reputation.
Small-Caps 'Eviscerated' in Stock Market Rout
The stock market has taken a dive over the past month, and the plunge in small-caps has been particularly deep.
Against Coronavirus, the Fed's Banking Stress Test Doesn't Look So Bad
Bankers wonder if regulatory exams are even worth it this year as coronavirus decimates the economy.
Capital Constellation Offers Co-Investment Capital to Its 'Next-Gen' Firms
Capital Constellation is building on its next-generation private-equity business by offering co-investment capital to managers it backs.