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Apr 8, 2021 09:41 GMTFXStreet News The pound has made a bad start to the new month. Only the Canadian dollar has underperformed against the pound so far in April, which is normally a strong month for pound performance, as economists at MUFG Bank note. Some respite after sharp GBP rally “Cable has risen on average by 1.5% in April over the last twenty years.” “Recent weakness marks an abrupt reversal for the pound following on from its strong performance in Q1 when it was one of the best performing G10 currencies (+0.8% vs USD & +5.0% vs EUR) and second only to the Canadian dollar. At the same time, the euro has rebounded more broadly as well which has triggered a painful squeeze for short EUR/GBP positions.” ....
forecasts Broad Risk Reduction from Funds Failed to Spoil Strong Q1 for CommoditiesThe below summary highlights futures positions and changes made by hedge funds across commodities, forex, bonds and stock indices up until last Tuesday, March 30. A week that saw renewed selling of the tech heavy Nasdaq, as US ten-year yields climbed to the highest since January 2020 and the dollar rose. The Bloomberg Commodity index finished a strong quarter despite five consecutive weeks of net selling from hedge funds. 1 hour ago (Apr 06, 2021 01:09 PM GMT) Saxo Bank publishes weekly Commitment of Traders reports (COT) covering leveraged fund positions in commodities, bonds and stock index futures. For IMM currency futures and the VIX, we use the broader measure called non-commercial. ....
SVB Leerink Continues Rapid Expansion with New Senior Managing Director in Leveraged Finance News provided by Share this article Share this article BOSTON, April 1, 2021 /PRNewswire/ SVB Leerink, a leading investment bank specializing in healthcare and life sciences, today announced Thad Davis has joined the firm as a Senior Managing Director. Mr. Davis will be part of the team leading SVB Leerink s Leveraged Finance franchise, while contributing expertise that deepens the firm s strategic, M&A, and equity franchises. He joins recent hires Barry Blake, Global Co-Head of Investment Banking, and Robert Minear, Senior Managing Director, Financial Sponsors. SVB Leerink is excited to welcome Thad. His experience encompasses all healthcare sub-sectors including pharmaceuticals, life sciences, services, devices, technology and managed care, said Barry Blake, Global Co-Head of Investment Banking. Thad will provide immediate value to the team and will bring ....
Columbia University Board of Trustees: Wall Street billionaires and Democratic Party operatives wsws.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wsws.org Daily Mail and Mail on Sunday newspapers.
Mohegan Gaming & Entertainment Announces Leadership Changes Departure of Chief Executive Officer (CEO) Mario Kontomerkos and Appointment of Ray Pineault as Interim CEO and Carol Anderson as Chief Financial Officer News provided by Share this article UNCASVILLE, Conn., March 17, 2021 /PRNewswire/ Mohegan Gaming & Entertainment (MGE), developer of awe-inspiring integrated entertainment resorts (IER) worldwide, today announced that President and Chief Executive Officer Mario Kontomerkos will step down effective March 31, 2021. Chief Operating Officer (COO) Ray Pineault will act as Interim Chief Executive Officer subject to necessary regulatory filings or approvals. During his tenure with the organization, first as Chief Financial Officer and more recently as CEO, Mario played a critical role in the growth and success of the organization, said James Gessner, Jr., Chairman of the Mohegan Tribe. We thank Mario for his many years of service to the Tribe an ....