Jun 10 2010 | 9:02am ET
A collapsed Australian hedge fund has sued Goldman Sachs for more than $1 billion, accusing the Wall Street giant of misleading it about a collateralized debt obligation that one of its executives called a “shitty deal.”
The move comes after weeks of settlement talks between Basis Capital Management and Goldman failed to produce an agreement.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…