FUND

FACTBOX Elliott Associates sues London Metal Exchange for cancelled trades

LONDON, June 19 (Reuters) – A lawsuit brought by Elliott Associates and Jane Street Global Trading against the London Metal Exchange (LME) for cancelling nickel trades during chaotic trading in March 2022 will be heard in a London court on June 20-22. On March 8, 2022 nickel prices more than...

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June 19, 2023

Abingdon

Andover briefly: Greater Lawrence Technical School receives $5,000 grant | Local News

Andover briefly: Greater Lawrence Technical School receives ,000 grant | Local News

Deadline to apply for Finance Committee June 9 at 5 p.m. The town is accepting applications to fill a spot on the Finance Committee. To apply visit andoverma.gov and look under news and announcements. Members of the committee oversee the town’s finances, including by reviewing budgets and making recommendation on...

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June 8, 2023

Wells

Wells Fargo CEO says there will be losses in office loan portfolio

NEW YORK, May 31 (Reuters) – Wells Fargo & Co’s (WFC.N) Chief Executive Officer Charlie Scharf said on Wednesday that there will be losses in the office loan space but the lender was proactively managing its portfolio. “We will see losses, no question about it. But in the context of...

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May 31, 2023

Wells

Exclusive: Private equity firm GTCR amasses $11.5 bln in record fundraise

Exclusive: Private equity firm GTCR amasses .5 bln in record fundraise

NEW YORK, May 23 (Reuters) – Private equity firm GTCR LLC has raised its largest fund ever, collecting $11.5 billion from investors to acquire companies that span the technology, healthcare, financial and consumer services sectors, it told Reuters on Tuesday. The milestone defies fundraising challenges private equity funds are facing...

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