Trades

Mikie Sherrill, a Virginia native, has charted an impressive path to political prominence, but her financial success has drawn scrutiny as she campaigns for New Jersey’s governorship. Born in Alexandria, …

WASHINGTON, D.C. — U.S. Rep. Mikie Sherrill (D-N.J.) is facing renewed criticism over her financial activities in Congress, including a reported failure to disclose up to $350,000 in stock sales …

TRENTON, NJ — New Jersey Congresswoman Mikie Sherrill is in hot water over stock trades that increased her net worth by millions of dollars while serving in Congress. Voters are …

As New Jersey gears up for its gubernatorial race, two Democratic contenders, Mikie Sherrill and Tom Malinowski, are facing renewed scrutiny over financial controversies from their time in Congress. Both …

Is Elon Musk headed for a showdown with the Department of Justice? If Nancy Pelosi’s husband Paul’s recent stock trades are an indication, then Elon Musk could be the next …

Republican Missouri Sen. Josh Hawley on Tuesday confronted Department of Energy Secretary Jennifer Granholm over previous testimony about her stock trades that was allegedly misleading. Granholm told Hawley in April …

By Nell Mackenzie LONDON (Reuters) – Concern that hedge fund portfolios contain too many of the same trades has shot up the worry list for global investors with hedge fund …

HONG KONG (Reuters) – Shares in Chinese property developer Shimao Group were flat on Friday after it issued a restructuring plan to reduce up to $7 billion in offshore debt, …

NEW YORK (Reuters) – An expansion of central clearing in the U.S. Treasuries market would reduce liquidity risks associated with a popular hedge fund arbitrage trading strategy that could strain …

By Davide Barbuscia NEW YORK (Reuters) – A hedge fund arbitrage trading strategy that likely exacerbated a crash in the world’s biggest bond market in 2020 and has recently undergone …

By Nell Mackenzie LONDON (Reuters) – Global hedge funds using algorithms to trade stocks endured one of their worst days of the year on Thursday, a Goldman Sachs note on …

By Shankar Ramakrishnan (Reuters) – A clarification of capital rules by the Federal Reserve may encourage U.S. banks to transfer more of the risk in their loan portfolios to investors, …

By Jayshree P Upadhyay MUMBAI (Reuters) – India’s market regulator expects instant settlement of stock market trades to be implemented by October 2024, a source from the regulator told Reuters …

By Nell Mackenzie LONDON (Reuters) – Hedge funds ditched short bets against U.S. regional banks as of the end of August and turned bullish on the broader U.S. financial sector, …

By Siddhi Nayak, Jaspreet Kalra and Shivangi Acharya MUMBAI/NEW DELHI (Reuters) – India’s central bank is nudging local banks to ask their clients to settle trade between the United Arab …

WASHINGTON (Reuters) – Members of the U.S. Congress, the president, vice president and senior executive branch officials and their relatives will be banned from trading stocks under bipartisan legislation introduced …

By Nell Mackenzie LONDON (Reuters) – Global hedge funds exited trades in the past week at their fastest pace since January and at one of the highest rates seen in …

By Francesco Canepa and Tom Sims FRANKFURT (Reuters) – As banks came under mounting pressure in March, Deutsche Bank used big trades to give its cash buffers a temporary boost, …

By Chris Prentice NEW YORK (Reuters) – A New Jersey hedge fund and its founder have agreed to pay $19.3 million to settle charges by the U.S. Securities and Exchange …

By Nell Mackenzie, Carolina Mandl and Summer Zhen LONDON (Reuters) – Hedge funds are watching growing U.S.-Chinese geopolitical tensions and have spotted ways to trade them. U.S. authorities on Thursday …

By Pratima Desai and Eric Onstad LONDON (Reuters) – An enforcement action launched on Friday by a British financial watchdog over a nickel crisis at the London Metal Exchange last …

By Georgina Lee HONG KONG (Reuters) – As global investors look for ways to profit from China’s reopening from pandemic controls, the beaten-down shares of Hong Kong’s property firms and …

Damian Williams, the United States Attorney for the Southern District of New York, and Raymond A. Tierney, District Attorney for Suffolk County, announced today that 11 former union officials — …