Catherine Ngai

USO Oil ETF Faces U.S. Probes Over Investor Risk Disclosures

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The investigations are significant because USO has grown to be a dominant player in the market for crude futures.

U.S. Oil Fund Halts Creations After All Available Shares Bought

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The ETF should “completely disconnect from fundamentals and could cause a hell of a short squeeze,” an analyst said.

Keystone Pipeline Shuts After Oil Spill In North Dakota

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A major spill has shut the Keystone pipeline in North Dakota and polluted a wetland along its route.

Morgan Stanley Wealth Customers Bring More Assets To Bank, Says Exec

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Wealth management customers are bringing assets to the bank they had held at other firms, says Colm Kelleher.

Goldman Sachs Adds LPL Financial To Its Securities-Lending Business

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GS Select was launched last year to target borrowers who have less than $10 million in investable assets.

Insurers Ache For Qualified Inspectors After U.S. Hurricanes

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Staff from other areas or contract workers fill the gaps when catastrophes like Hurricanes Harvey and Irma strike.

Big Drop In U.S. Oil Stockpile Finally On The Way, Traders Say

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Traders see signals that sharp declines in crude stocks could be coming.