“Mr. Quarles spent his tenure as a top financial regulator in the United States weakening safeguards for megabanks at the expense of financial stability and the American public,” said Warren, a former U.S. presidential hopeful who is the most senior Democrat on the Senate banking committee. “It would be deeply troubling if this FSB review
The US Supreme Court’s choice to take up a dispute next term over activist investors’ ability to challenge corporate resolutions signals the justices are eager to clarify a major tenet of investment fund operations. The high court this week agreed to scrutinize a ruling by the US Court of Appeals for the Second Circuit holding
Hedge funds last week sold off stocks of energy companies at the quickest pace in 10 months as oil prices slumped following the announcement of a ceasefire in the 12-day Iran-Israel war. The selling was seen across the board in energy stocks in every region, Goldman Sachs analysts wrote in a note to clients carried
The hedge fund manager’s cumulative philanthropy totals at more than $2 billion. John Parra/Getty Images for Pérez Art Museum Miami Ken Griffin isn’t just CEO of hedge fund behemoth Citadel. He’s also an avid American history buff who has spent millions acquiring rare documents like first printings of the U.S. Constitution and Bill of Rights.