Financials

in #finance7 years ago




Investment consultants face UK probe; bitcoin, Tesla, Fox and Ryanair in the news

Internal investigation finds auditing firm missed red flags

Cash-rich US companies are buying corporate bonds, but will promised tax reform end the buying spree?

US group says email addresses and phone numbers might have been accessed



Fund managers backtrack on charging clients after BlackRock says it will foot bill

Tech giant invests large chunk of its $133bn of cash in US government and agency debt

Arbitrations tend to be quick and cheap and of little benefit to complainants

SoFi is the latest fintech start-up to be hit by allegations of sexual harassment

Planned departure comes as regulators probe bank’s chief executive



Extraordinary Popular Obsessions and the Rationality of (some) Crowds

Far-reaching rules will have a big impact on everything from banks to brokers



Flagship fund has shrunk from $1.3bn in assets in 2013 to $30.6m





SFC has a clear prudential reason to keep rules tight

Richard Smith will need his ‘competitive fire’ to restore credit agency’s reputation

Source: https://www.ft.com/stream/71a5efa5-e6e0-3ce1-9190-a7eac8bef325

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