Alternative mutual funds will be examined by the U.S. Securities and Exchange Commission to assess whether managers are complying with leverage and liquidity rules.
Terrence Duffy, who as executive chairman of CME Group Inc. oversees the world’s largest futures exchange, has a solution for those seeking to fix the U.S. stock market: kill dark pools.
PNC Financial Services Group Inc., the second-biggest U.S. regional bank, elected William S. Demchak chairman today to replace James E. Rohr, who previously announced his retirement.
Prime Minister Antonis Samaras said he expects Greek bond yields to decline further and signaled he has no immediate plans to sell more debt, as a recovery takes hold in the former epicenter of the euro region’s debt crisis.
China’s bad-loan ratio rose “significantly” in the first quarter, increasing risks for the nation’s banking industry, according to the nation’s largest manager of soured debt.
BlackRock Inc., the world’s largest asset manager, is seeking bids to sell two office towers and a mall in Kuala Lumpur, according to a sale document viewed by Bloomberg News.
BlackRock Inc., the world’s largest asset manager, hired Pablo Goldberg from HSBC Holdings Plc to be a money manager and senior strategist for its emerging-markets fixed-income business.
In the middle of earnings season, investors are becoming less concerned about earnings growth.
Bill Gross’s Pimco Unconstrained Bond Fund had its analyst rating lowered by Morningstar Inc., which said the fund has had weak returns and is exposed to key risks of traditional bond funds.
BlackRock Inc., the world’s biggest money manager, said first-quarter profit rose 20 percent as investors added money to its funds, boosting assets and the fees for managing them.
BlackRock’s Koesterich Says Add Oil Stocks As Hedge (Audio)
BlackRock’s Koesterich Sees `Contained’ Rate Rise (Audio)
BlackRock Launches Four Finite-Life Bond ETFs
BlackRock’s Wiedman Predicts `Record Year’ for ETFs
BlackRock to Purchase ETF Unit from Credit Suisse