Melvin Capital CIO’s testimony before the US House Committee on Financial Services will defend the fund’s short selling practices and highlight the personal attacks he endured during January’s events
HSBC Global Asset Management is relaunching its securities lending programme for 25 ETFs next month but will exclude seven sustainable equity funds, representing a combined £285 million AUM, on ESG grounds
The European Commission says it will not act on the ESMA’s findings of German regulatory negligence over Wirecard until domestic investigations conclude next year
Hindenburg Research is making the positive case for activist short sellers by releasing a report into a healthcare firm it says is defrauding elderly customers and misleading retail investors, while refusing to profit from a short position
The bank says the Google Cloud-powered tools could help clients forecast 40 per cent of daily settlement failures in the US treasury market which sees roughly 2 per cent of trades fail per day
Representatives from Melvin Capital, Robinhood, Reddit, and Citadel are among those due to testify at this week’s US House Committee on Financial Services’ GameStop hearing on “predatory” short selling
AFME highlights the risk of mandatory buy-ins to Europe’s economic recovery from the pandemic and calling for the measure to be removed from the upcoming CSDR
A Bermuda-based hedge fund has filed a suit in a New York court alleging that CIBC, Bank of America, UBS and TD Bank gamed the market causing shares it held in a major pharmaceutical to tumble in 2016
