Banco Popular de Puerto Rico

Christopher Rollins worked for Goldman Sachs for 16 years and rose to be a managing director before the firm fired him in February 2017.

The legendary manager’s Unconstrained Bond Fund ended July down almost $1 billion from its February peak.

There are five niches that will be its future.

Part of the problem stems from how slow regulators have been to define their views of virtual currencies.

The bank disclosed earlier this month that it faces a U.S. inquiry into its purchase of low-income housing credits.

Fed Chairman Jerome Powell's dovish comments revived global demand for riskier assets.

The Global Income Fund slashed its equities exposure by nearly a third in October and moved part of the proceeds into U.S. and European high-yield debt.

The payout, to 27,000 victims worldwide, is the third distribution from the $4 billion fund, according to the Justice Department.

Price moves have become more pronounced among the companies managers expect to rise.

The industry risks becoming more of a boy’s club, rather than less of one.