Ripple, a fintech offering crypto solutions for businesses, has launched digital asset spot prime brokerage services for the US market, marking a major step in its expansion into institutional crypto trading and financing infrastructure.
London is establishing itself as a major centre for quantitative finance, with several UK-based trading firms and hedge funds including XTX and Qube, generating multibillion-pound revenues and attracting top talent, according to a report by the FT.
Several activist hedge funds have narrowly avoided steep losses after Kimberly-Clark’s $40bn acquisition of Kenvue, the Johnson & Johnson consumer health spin-off, reversed a brutal selloff in the stock, according to a report by the Wall Street Journal.
RXR Realty has completed a recapitalisation of 75 Rockefeller Plaza, partnering with hedge fund Farallon Capital in a transaction which strengthens which maintains the firms’ its focus on income-generating office assets in New York City, according to a report by
Bobby Jain is expanding his Jain Global multi-strategy platform with a new $600m fund targeting bank capital relief trades, led by former DE Shaw portfolio manager Syril Pathmanathan, according to a report by Bloomberg.
Singapore-based hedge fund Dymon Asia has delivered a strong 14.8% return so far in 2025, extending its gains after a 1.6% advance in October, according to a report by Financial News London citing unnamed people familiar with the matter.
RTX Fintech, a US electronic inter-dealer trading platform for interest rate swaps, has appointed Minor Huffman as Chief Technology Officer, to lead the firm’s global technology strategy and lead new infrastructure developments .
Short seller Andrew Left, founder of Citron Research, has filed a federal lawsuit against Toronto-based Anson Advisors and Anson Funds Management, alleging that the firm and two of its executives lied to the SEC about payments made to him to
Hedge funds were caught off-guard by earnings from five of the “Magnificent Seven” tech giants last week, prompting significant short covering, according to a client note from the Prime Services division at Goldman Sachs.
Bank of America’s head of European Government Bond Trading has left the bank to join an unnamed hedge fund, marking the latest senior departure from its European macro trading division, according to a report by Financial News London citing unnamed
