Pine River Capital Management LP, the $13.9 billion hedge-fund firm that’s diversifying beyond residential mortgage bonds, hired James Lee from Barclays Plc to help it buy assets from banks, according to a person familiar with the matter.
JPMorgan Chase & Co., the target of at least eight Justice Department investigations, was mocked and taunted by Twitter users after asking followers to send questions to an executive using the hashtag #AskJPM.
Money market rates suggest futures traders are aligning with the Federal Reserve’s guidance that policy makers will keep the central bank’s benchmark almost-zero lending rate little changed into at least 2015.
Bloomberg BNA — Barclays and MSCI Inc. launched a family of fixed-income indices June 11 based primarily on environmental, social, and governance (ESG) factors, which could spur growth in sustainable investing by bond investors, the organizations said.
When Texas billionaire Harold Simmons wanted to build a radioactive waste dump, one data point that would loom large in the permitting process wasn’t required on the application: He is a major donor to Governor Rick Perry.