Finance
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At Blackstone’s $129 billion credit division, insiders say pay changes, PR black eyes, and disapproval of its internal hedge fund preceded an exodus in distressed trading
Blackstone’s acquistion in 2008 of credit-investing platform GSO has been a massive success, with assets growing from $10 billion to nearly $130...
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Meet the 12 top headhunting firms sourcing talent for hedge funds and private equity
The war for talent among hedge funds and private-equity firms has always been a fiercely contested one. Firms are eager to land...
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449Warren Buffett’s $113 billion Apple stake and $147 billion cash pile now account for over half of Berkshire Hathaway’s entire market value
REUTERS/Rebecca Cook Warren Buffett’s Berkshire Hathaway has Apple shares and cash worth 52% of its entire market capitalization. The billionaire investor’s company...
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DIGITAL WEALTH MANAGEMENT: Leading robo-advisors have held onto consumer appetite amid the pandemic — here’s what incumbents can learn from them to maintain their grasp on a $43 trillion market
Insider Intelligence publishes thousands of research reports, charts, and forecasts on the Fintech industry. You can learn more about becoming a client...
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How to get a loan, even if you have bad credit
Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a...
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The IPO market is on fire after a short-lived drought — here are the hottest public debuts to keep an eye on, and which banks are eyeing big fees for pulling them off.
After some big successes in the 2020 IPO class, investors are looking ahead to a big-name slate of more unicorns and decacorns...
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395Saudi Arabia’s $300 billion sovereign wealth fund sold off 50% of its stake in Warren Buffett’s Berkshire Hathaway
Reuters/Rick Wilking Saudi Arabia’s $300 billion sovereign wealth fund halved its position in Warren Buffett’s Berkshire Hathaway in the second quarter this...
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Chinese regulators estimate that their P2P lending crackdown resulted in $115 billion in losses for investors
Chinese regulators estimated that their P2P lending crackdown has resulted in $115 billion in losses for investors. And stricter regulations plus challenging...
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367The catastrophic US response to coronavirus is allowing China to stake its claim as the world’s dominant superpower, former Fed chair Greenspan says
Stefan Zaklin/Getty Images The failure of the US to effectively combat the COVID-19 crisis has opened the door to China becoming the...
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Warren Buffett bet on a gold miner and slashed his bank stakes because he’s picking winners, a veteran Berkshire Hathaway shareholder says
Warren Buffett’s Berkshire Hathaway invested in a gold miner last quarter, even though the billionaire investor has repeatedly warned against betting on...