Is the rebound fading? Goldman Sachs: Hedge funds are selling stocks at the fastest pace in more than two years.

In August, 'smart money' is selling global equities at the fastest pace since March 2022, with the most net selling in North America. Hedge funds are skeptical of the sustainability of the stock market rebound, and geopolitical concerns continue to be worrying. The 'fly' of the economic situation may soon hit the glass windshield.

wallstreetcn03:22 ET

10 Financials Stocks Whale Activity In Today's Session

BenzingaAug 23 13:35 ET

Wells Fargo Extends Support of Nasdaq Entrepreneurial Center's Milestone Circles Program

PR NewswireAug 23 12:00 ET

Two bankers from UBS Group left and joined Bank of America and Wells Fargo & Co.

According to anonymous sources, members of UBS Group's litigation defense team in the United States were poached by competing banks. Jonathan Lurvey, the director and CEO based in New York, is reported to be joining Bank of America Corp., focusing on mergers and acquisitions in the energy industry. Another director, Eric Wiley, who is also based in New York, will join Wells Fargo & Co's litigation defense business.

環球市場播報Aug 22 19:21 ET

Wells Fargo & Co Options Spot-On: On August 22nd, 54,520 Contracts Were Traded, With 1.24 Million Open Interest

Moomoo NewsAug 22 16:30 ET

Market Chatter: Jefferies-Led Lenders Absorb $15 Million Loss From Loan to M2S

MT NewswiresAug 22 15:07 ET