Top Hedge Fund Managers Collect Big Paychecks Despite Underperformance
The 25 top-earning hedge fund managers collected $11.62 billion in pay in 2014, but 12 of them had gains only in the single digits.
Massachusetts Fines Citigroup Global $30M Over Leaked Research
An analyst gave not-yet-published research on an iPhone supplier to four major clients, William Galvin's office says.
SEC Approves Nasdaq’s $62 Million Facebook Settlement
The SEC approved a plan on Monday for Nasdaq to pay customers as much as $62 million for losses stemming from last year's controversial Facebook IPO.
New Hire Roundup: Putnam Names New GAA Leadership Team
This week in new hires, Putnam announced a new leadership team for its global asset allocation organization, and Steve Antonakes became acting deputy director of the Consumer Financial Protection Bureau.