JEF Sep 2024 47.500 put
- Bloomberg
Millennium Asked Weiss to Cut Staff, Expel Clients in Talks
(Bloomberg) -- Millennium Management demanded a number of significant changes at Weiss Multi-Strategy Advisers as part of failed talks to take over the troubled hedge fund, including firing all but five portfolio managers, winding down the firm’s core staff and kicking out client cash.Most Read from BloombergSevere Turbulence Leaves 12 Injured on Qatar Airways FlightMusk’s xAI Raises $6 Billion in Bid to Challenge OpenAIXi’s China EV Dream Came True. 10 Years On, Walls Are Going UpChina Creates
- Bloomberg
Jefferies Boosts Cash Cushion to Deal With T+1 Trading Glitches
(Bloomberg) -- Jefferies Financial Group Inc.’s roughly $3 billion of debt sales last month were partly used to prepare for potential glitches when revamped trading rules take effect next week.Most Read from BloombergFed’s Favorite Underlying Inflation Gauge Is Seen CoolingSevere Turbulence Leaves 12 Injured on Qatar Airways FlightIndia’s Markets Brace for Selloff as Modi’s Poll Goals in DoubtIsraeli Military Proceeds Into Rafah Despite Court RulingSunak National Service Plan Faces Enforcement,
- Bloomberg
Jefferies Risk Manager Balked at Archegos Cash Plea: ‘What’s the Emergency?’
(Bloomberg) -- It was March 24, 2021, and a Jefferies Financial Group risk manager was wondering why Archegos Capital Management seemed in such a rush to withdraw hundreds of millions of dollars in excess cash from its trading account. Most Read from BloombergChina Attempts to End Property Crisis With Broad Rescue PackageA 25-Year-Old BofA Trader Dies Suddenly at Industry OutingWith a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulenceVoters Prefer Trump Over Biden on Economy. This Data Sh
