The Traderszone Network

Several high-ranking bankers have left their jobs at major investment banks in the last 13 months amid a surge in U.S. healthcare deal activity to seek better compensation at boutique investment banks as well as to participate in the growth of the industry at biotech companies themselves. JPMorgan Chase & Co and Bank of America have both lost senior healthcare investment bankers to boutique investment bank Guggenheim Partners, showing that banks face challenges in being able to pay competitive rates.

Oil investors who amassed a $6 billion long position in exchange traded funds, occupying as much as a third of the U.S. futures market, are now racing for the exit at a near record pace. Outflows from four of the largest oil-specific exchange traded funds, including the largest U.S. Oil Fund (USO), reached $338 million in two weeks to April 8, according to data from ThomsonReuters Lipper.

read more

The use of robotics in industry is nearing a take-off point that could trigger a surge in productivity gains in the years ahead, some experts say.

Hey you fancy people who love shiny expensive watches – listen up! There is a new player in the market.

While ECB head Mario Draghi would probably quite like to declare his QE program a success, he will likely strike a balance between optimism and caution.

Foxconn, the world’s biggest contract electronics maker by revenue, is teaming up with U.S.

read more

With gas prices falling, China’s Sinopec is moving forward with plans to focus less on its current core business — oil refining and gasoline sales — and more on becoming a seller of gourmet foods and tourist packages, among other things.
read more