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Hedge funds are getting help from pollsters so they can place big bets on the EU Referendum

Hedge funds and banks are commissioning private opinion polls on voters' intentions in the upcoming EU referendum so they can trade on the result, according to the Financial Times. The paper reports that finance firms are commissioning exit polls on June 23, polling day, in a bid to try and get an early idea of which way the country will vote. Show More Summary

NBA gives Steph Curry 31 points – not 29 – in Game 6, which was big news in Vegas

Golden State Warriors guard Stephen Curry scored 31 points in Saturday’s Game 6 win over the Thunder, the last two coming on a bank shot that effectively iced the game with 14 seconds remaining. Perhaps caught up in the excitement of the moment, the game’s official scorer initially credited Curry’s final basket to Draymond Green. This was […]

Trickle-Down Crash? Trophy Assets Suddenly Tanking

Submitted by John Rubino via, One of the defining traits of the past few years’ “recovery” has been the torrent of money flowing from big banks to favored clients, and from there into trophy properties like high-end real estate, superyachts, and fine art. Show More Summary

Harry Styles’ Sister Gemma Thinks Azealia Banks’ Apology Felt Insincere

Harry Styles and his sister Gemma are known by Directioners for their big hearts. In her recent column for The Debrief, the older Styles condemned Azealia Banks for her racist slurs targeting Zayn Malik and Skai Jackson. The row started when Banks accused Malik of plagiarism. Show More Summary

“Partner in Government”: Hillary Clinton and Goldman Sachs

Hillary Clinton, who is under fire from a variety of sources over her ties to big banks, went on record in 2005 for saying she was Goldman Sachs’ “Partner in Government.” She participated in the 2005 groundbreaking ceremony of Goldman Sachs new headquarters over by Ground Zero. Show More Summary

Women bank on big opportunities in fintech

SAN FRANCISCO—The burgeoning fintech sector is providing plenty of opportunities for women entrepreneurs and executives, but it also comes with challenges. Signs of growth abound for fintech, with the top 50 fintech companies in theShow More Summary

Alaska Airlines Increases Credit Card Signup Bonus and Thinks It’s a Really Big Deal

Bank of America has increased its public offer on the Alaska Airlines Visa to 30,000 miles after $1000 spend within 90 days. This co-brand crédit card plays center stage in how Alaska plans to make their Virgin America acquisition work out. Show More Summary

Emails Show ‘Collusion’ Between Big Banks and Obama Administration on the Trans-Pacific Trade Pact

3 days agoNews : Truthdig

By Nadia Prupis / Common Dreams Emails obtained through a Freedom of Information Act request show U.S. Trade Rep. Michael Froman discussing the controversial trade pact with Goldman Sachs lobbyists.

How Much Does Working At A Name-Brand Company Really Boost Your Career?

Like most other career decisions, opting for a household-name employer has its pros and cons. Google, Bank of America, Exxon. Get a job at a big, well-known brand like these and you won't have as much explaining to do to friends and family when they ask where you work. Show More Summary

Wells Fargo is offering low down payment mortgages without FHA backing

4 days agoHealth : Booster Shots

Wells Fargo & Co. has started offering a new type of mortgage that requires a tiny down payment and could appeal to customers who might otherwise get loans backed by the Federal Housing Administration. Most big banks have pulled back from offering FHA loans after dealing with lawsuits and billion-dollar...

Here are all the big banks that paid Hillary Clinton for speeches in 2013

? When Hillary Clinton resigned as Secretary of State in 2013, she made a series of speeches to many different financial service companies. Here are some of the bigger names on Wall Street that paid Clinton to speak.  Produced by Lamar Salter  Follow BI Video On Twitter Join the conversation about this story »

Stocks barely budge after two-day surge; retailers climb

U.S. stocks are hardly budging Thursday morning after big gains over the last two days. Banks and chemicals companies are down. However, retailers, which have been pummeled in recent weeks, traded higher after a group of strong earnings reports. The Dow Jones industrial average was down 2 points...

Why Goldman Sachs Likes Obama's Trade Agenda

5 days agoNews : Huffington Post

WASHINGTON -- Sen. Elizabeth Warren (D-Mass.) was right. Big banks really did want President Barack Obama to sign a trade deal making it easier for them to challenge regulations they don't like. And they got what they wanted. Goldman...Show More Summary

Central Bank Communication Must Overcome the Public’s Limited Attention Span

The post Central Bank Communication Must Overcome the Public’s Limited Attention Span appeared first on The Big Picture.

Seven Reasons Why Wall Street Is So Easy to Hate

Wall Street makes it easy for people to hate it. Here is some recent news about Big Banks, hedge funds and CEO pay that shows why people get outraged.

Alibaba, Deutsche Bank and oil: WHAT YOU NEED TO KNOW ON WALL STREET

Finance Insider is Business Insider's summary of the top stories of the past 24 hours. To sign up, scroll to the bottom of this page and click "Get updates in your inbox," or click here. A software company could be the next big stepShow More Summary

BANK OF CANADA: The 'devastating' Alberta wildfires will have a big impact on growth

The Bank of Canada held its key interest rate at 0.50%, as economists were expecting. In the release accompanying the decision, the bank wrote that the global economy was churning along more or less as they were expecting. However, they...Show More Summary

The Hustle Continues: Why the Feds Haven’t Nailed the Big Banks

Americans still want to see some measure of justice for the misconduct that precipitated the financial crisis. But Monday’s decision by an appeals court to throw out a $1.27 billion civil penalty against Bank of America will surely generate some despair. Show More Summary

China just fixed the yuan to its weakest level since 2011 — here's what's happening in FX

Good morning! The big news of the day is that the People's Bank of China fixed the Chinese yuan to its lowest level since March 2011. The PBoC set the midpoint of its yuan fix at 6.5468 per dollar, down 0.34% from Tuesday. This decision comes as the central bank looks to soften the blow of a potential Fed interest-rate hike. Show More Summary

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