The Vault · 2026-04-06 09:56:56 · Bloomberg Markets
A former Wall Street trader is staking his career on one of the world's most volatile economies, betting that President Javier Milei's tumultuous reforms will create a historic opportunity for corporate turnarounds. Esteban Nofal, who spent years trading securities for Oppenheimer & Co. and Morgan Stanley in New York, ...
The Vault · 2026-04-16 12:22:28 · Bloomberg Markets
Bonds once emblematic of Wall Street's detachment from Venezuela's profound humanitarian crisis are now posting some of the market's most dramatic gains. These so-called 'hunger bonds,' which financed state food imports during a period of severe scarcity, have become central players in a broad-based rally across Venezu...
The Vault · 2026-04-20 16:22:45 · Bloomberg Markets
The long-running saga to divest Novonor's controlling stake in Braskem SA has taken a definitive step forward. The troubled Brazilian conglomerate has signed a binding agreement to sell its shares to a fund backed by asset manager IG4 Capital, moving the high-stakes transaction beyond preliminary talks into a concrete ...
The Vault · 2026-05-11 08:10:31 · Bloomberg Markets
A prolonged losing streak in litigation finance is drawing hedge funds and alternative investment managers into a market that rarely welcomes outside capital, according to people familiar with the matter. The shift marks a notable reversal for an asset class that once attracted institutional investors seeking uncorrela...