Finance News
BlackRock Cuts 3% of Global Workforce, Citing Dramatic Industry Shifts
BlackRock is among big money managers, including Wellington Management and T. Rowe Price Group Inc., that have recently cut jobs and redirected budgets.
By NB
Jan 10, 2024
Four Bitcoin ETF Hopefuls Slash Fees Before Funds Even Launch
Invesco, Bitwise, Valkyrie and WisdomTree lowered fees in their spot Bitcoin ETF applications.
By NB
Jan 10, 2024
Russian Billionaire and Sotheby’s Fight Over ‘The Lost Leonardo’ Painting
The case will offer a rare glimpse into an often-opaque industry where middle men broker art transactions between ultra-wealthy buyers and sellers who don’t always know each other’s identities.
By NB
Jan 10, 2024
China Leading Asset Manager Zhongzhi Enterprise Group Files for Bankruptcy Due to Inability to Repay Debts, Negative Assets with Large Exposure to Rea
China Leading Asset Manager Zhongzhi Enterprise Group Files for Bankruptcy Due to Inability to Repay Debts, Negative Assets with Large Exposure to Real Estate Sector, Assets of $28 Billion & Liabilities of Between $60 Billion to $64 Billion, China Pol
By NB
Jan 9, 2024