(Reuters) - Ivan Boesky, the financier who was a central figure of the 1980s insider trading scandals, has died at the age of 87, the New York Times reported on Monday.
Boesky, who partly inspired the Gordon Gekko character in the 1987 movie "Wall Street," was at his peak considered a genius at risk arbitrage, the business of speculating in takeover stocks, and his wealth was estimated at $280 million.
But the U.S. Securities and... (continue reading...)
By Jonathan Stempel
NEW YORK (Reuters) - BlackRock was sued for $20 million by a whistleblowing former vice president who said the asset manager fired him after shutting down a search engine that could monitor client discussions about illegal investments, including in China.
In a complaint on Saturday, Hamdan Azhar said BlackRock ordered him in March 2022 to stop work on Trend Spotter, which he had developed, and transfer his projects to... (continue reading...)
By Howard Schneider
AMELIA ISLAND, Florida (Reuters) - The U.S. Federal Reserve is considering new rules to break the "stigma" around borrowing from the central bank's discount window to cover short-term cash needs, Fed vice chair for supervision Michael Barr said on Monday.
"We've made good progress over the last year," since the failure of Silicon Valley Bank exposed gaps in the Fed's main lender-of-last-resort program, Barr said at an... (continue reading...)
(Reuters) - The California Public Employees' Retirement System said on Monday it will vote against all 12 director nominees at Exxon, citing the company's lawsuit against activist investors.
The system known as CalPERS said in a letter to its members posted online that if successful, Exxon's legal action "could diminish the role—and the rights—of every investor in improving a company’s bottom line."
Exxon's shareholder meeting is... (continue reading...)
By Mike Collett-White and Dan Peleschuk
KYIV (Reuters) -Western allies are taking too long to make key decisions on military support for Ukraine, President Volodymyr Zelenskiy told Reuters in an exclusive interview in Kyiv on Monday.
Clearly frustrated, he described the delivery of the aid, in particular of air defences like the Patriot systems which Ukraine relies on heavily in its war with Russia, as "one big step forward, but before that,... (continue reading...)
More Reuters
View Older Stories-
Anglo shareholder LGIM supports break-up plan as BHP circles
-
Gazans, Hamas see false equivalence in ICC charges
-
ANC support grows in weeks before South African election, poll shows
-
JPMorgan executives emphasize employee health, wellbeing after BofA banker death
-
UK says ICC arrest request for Israel's Netanyahu is unhelpful
-
Explainer-What happens after ICC prosecutor seeks warrants in Israel-Gaza conflict?
-
Explainer-The foiled coup in DR Congo: Here's what to know
-
Putin appoints another economist as deputy Russian defence minister
-
At Cannes, Russian director criticises trial of director and playwright
-
Israel reacts in fury as ICC prosecutor seeks Netanyahu arrest warrant
-
Fed's Jefferson, Barr sound cautious note on inflation
-
Death of Iran's Raisi could stir race for Khamenei succession, insiders say
-
Self-proclaimed bitcoin inventor lied 'repeatedly' to support claim, says UK judge
-
Russian court fines man for hair dyed in colours of Ukrainian flag, Mediazona says
-
Key Senate Democrat calls for new leadership at FDIC
-
In divided Iran, president's death met by muted mourning and furtive celebration
-
Brazil central bank plans year-end proposal for crypto regulation
-
Yellen to call for US, Europe to stand together on Russia, Iran
-
US Supreme Court won't hear Maryland school district gender identity case
-
Crypto manager Grayscale appoints Goldman exec Peter Mintzberg as new CEO
-
US Supreme Court rebuffs appeal over Maryland assault weapons ban
-
Nigerian judge denies separatist leader Kanu bail for the second time
-
Secretive Hamas military chief masterminded Oct 7 strike on Israel
-
US Supreme Court spurns former Guantanamo Bay detainee's appeal
-
ICC prosecutor's move against Netanyahu and Gallant is 'scandalous', Israeli minister says
-
Hamas' Qatar-based leader Haniyeh named in ICC warrant request
-
Crashed ship that took down Baltimore bridge refloated, towed from channel
-
BMW imported 8,000 vehicles into US with parts from banned Chinese supplier, Senate report says
-
Analysis-Global oil markets weaken as sluggish demand leaves overhang
-
Copper's record run at risk as US shipments calm speculator frenzy
-
More than a third of Italian teens want to emigrate, survey finds
-
Ukraine's Kyivstar allocated $90 million to deal with cyberattack aftermath
-
New supply chain pressure metric shows improvement has stalled, says NY Fed
-
CalPERS to vote against Exxon board members
-
Hamas Gaza leader Sinwar, facing ICC warrant request, plotted Oct 7 attack
-
Fed's Barr says regulators considering 'adjustments' to liquidity rules
-
Indian police arrest 4 Sri Lankans for suspected Islamic State links
-
Fed's Barr: Inflation data 'disappointing,' tight policy needs more time
-
Greece to deport nine European nationals over pro-Palestinian protest
-
Factbox-Main facts about the copper market as prices hit record highs
-
ICC prosecutor's request for arrest warrants for Israel, Hamas leaders
-
Russia stresses strong ties with Iran as Putin calls interim president
-
Family in remote Himalayas gets own polling station for Indian election
-
International Criminal Court prosecutor statement on arrest warrants for Hamas, Israeli leaders
-
Reactions to ICC prosecutor's request for arrest warrants for Israeli, Hamas leaders
-
Threat from Israeli operations preventing Rafah crossing aid deliveries, says Egypt
-
Drone startup Neros raises funding from Sequoia, eyes supplies to Ukraine, US military
-
Factbox-Key facts about Israel Defence Minister Yoav Gallant
-
Wikileaks' Julian Assange given permission to appeal against U.S. extradition
-
Hungary detains captain of cruise ship involved in Danube collision