BofAs Malik Exited After Complaint of Sexual Misconduct, Source Says

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Omeed Malik, a Bank of America Corp . prime brokerage executive who left the firm this month, started after the lender began investigating an accusation of inappropriate sexual deport, according to a person with knowledge of the situation. A woman in her 20 s complained in December that Malik had started unsolicited advanceds, said the […]

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Hedge Funds Prepare to Trade Against Bitcoin

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A bitcoin big short-lived is building. The planned introduction of bitcoin futures contracts at CME Group Inc ., Cboe Global Markets Inc. and Nasdaq Inc. will make it much simpler to bet on a descend. Hedge stores, which have largely bided on the sidelines, are waiting for the Chicago Mercantile Exchange’s futures market to open […]

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Bitcoin Surges After World’s Biggest Exchange Announces Plans for Futures

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The allure of bitcoin was too much for CME Group Inc. The world’s largest exchange owner turned track today and said it plans to introduce bitcoin futures by the end of the year, merely a month after rejecting such a plan. The largest cryptocurrency, which has tided more than sixfold this year, descended to a […]

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A Crypto Fund King Says Bitcoin Will Be the Biggest Bubble Ever

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Mike Novogratz is reinventing himself as the monarch of bitcoin. The swaggering macro director who bitcoin and ether as legitimate assets. For Novogratz, 52, the fund labels a resurgence to professional money management after humbling losses at Fortress and approximately 2 years of self-imposed refugee from Wall Street. Novogratz, in an interview with Bloomberg Television, […]

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