A measure of mortgage loan application volume fell to its lowest level in 22 years last week, Mortgage Bankers Association data showed on Wednesday, as the Federal Reserve's moves to cool the interest-rate sensitive housing sector continue to have an impact.
Elon Musk's rejection of environmental, social and corporate governance scores as a "scam" highlights how Wall Street's hottest investment trend that encompasses some $35 trillion in assets means different things to different people.
Hedge funds posted gains of 2.33% in April, mostly driven by macro funds, which managed to perform well amid high volatility, a report by hedge fund data provider HFR showed on Friday. Macro hedge funds, which bet on macroeconomics trends, rose 5.49% in the quarter, according to a macro fund asset weighted index.
Hedge funds posted gains of 2.33% in April, mostly driven by macro funds, which managed to perform well amid high volatility, a report by hedge fund data provider HFR showed on Friday. Macro hedge funds, which bet on macroeconomics trends, rose 5.49% in the quarter, according to a macro fund asset weighted index.
Expectations of rising interest rates have failed to lift valuations of European bank shares languishing at near two-decade lows as a worsening growth outlook weighs on the broader finance industry.
Blackstone Inc (BX) on Monday agreed to buy real estate investment trust PS Business Parks (PSB) for $7.6 billion, including debt, as dealmaking activity in the real estate sector continues to thrive in the aftermath of the COVID-19 pandemic.
MindTree Ltd: * MINDTREE AND SAPIENS ANNOUNCE PARTNERSHIP TO DIGITALLY TRANSFORM THE INSURANCE INDUSTRY Source text for Eikon: Further company coverage:
India's largest private lender HDFC Bank's $40 billion acquisition of its biggest shareholder could face regulatory hurdles due to the stake it would give the bank in the insurance sector, analysts said. Sources told Reuters last year that the Reserve Bank of India, which acts as regulator for the financial industry, wants banks to limit ownership stakes in insurance companies.
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