American, British and Swiss regulators levied hefty fines, totaling up to over $3 billion, on five global banks on Wednesday for the attempted manipulation of benchmark rates in foreign exchange markets. The fines follow a year-long investigation into allegations that foreign exchange markets, in which over $5.3 trillion worth of currencies are traded daily, was being…
Big Banks Fined $3.4B In Forex Probe
Gates Cap Management Reduces Risk After Rare Down Year
Gates Capital Management's ECF Value Funds have a fantastic track record. The funds (full-name Excess Cash Flow Value Funds), which invest in an event-driven equity and credit strategy Read More