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https://www.institutionalinvestor.com/article/b1n0cjy3kfhg3j/Citi-Has-Filed-Two-More-Lawsuits-Following-Its-900-Million-Mistake-More-Could-Come?utm_medium=email&utm_campaign=The%20Essential%20II%2008202020&utm_content=The%20Essential%20II%2008202020%20Version%20A%20CID_ffdb73820159c5d289540c06ba6...

Citigroup Gets Freeze on Brigade Money in $900 Million Error (Bloomberg) Citigroup Inc. scored a temporary court order freezing $175 million that Brigade Capital Management LP declined to return after the bank accidentally transferred more than $900 million to Revlon Inc. lenders. The order...

Hedge Fund Looks for Bottom in Turkish Lira (Bloomberg) Hedge fund manager Peter Kisler is looking to this week’s Turkish central-bank meeting for a signal to start buying the lira. The question is whether Turkey will let its currency weaken further or hike rates to defend it, said North Asset...

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“Throw your heart over the fence and the rest will follow.” - Norman Vincent Peale

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BUY-SIDE August 19, 2020 10:57 AM GMT Schroders announces permanent work from home scheme Schroders announces that it will keep work from home and flexible working conditions in place for its employees on a permanent basis. By Annabel Smith Global asset management firm Schroders has announced...

A sign that Big Tech may not be done with offices after all: Amazon is planning to add 3.5k corporate jobs across 6 major US cities.

Citibank Sent a Hedge Fund $175 million by Mistake. Now They Can’t Get it Back (CNN Business) London (CNN Business) Citibank has a big problem: It mistakenly wired roughly $175 million to Brigade Capital Management, and the hedge fund hasn’t returned the money. The US banking giant filed a...

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“Chance is always powerful. Let your hook be always cast; in the pool where you least expect it, there will be fish.” - Ovid

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“Every strike brings me closer to the next home run.” - Babe Ruth

“Every strike brings me closer to the next home run.” - Babe Ruth

“That which can be asserted without evidence, can be dismissed without evidence.” ~ Christopher Hitchens

“Faith sees the invisible, believes the unbelievable, and receives the impossible.” - Corrie Ten Boom

"Striving to be the best trader you can be while in pursuit of maximizing your strategies & profit will often leave you uncomfortable" - @AllxDayxRayx