The Midnight Scavenger Hunt Luring Wall Street

Wall Street's most elaborate, all-night charity scavenger hunt, Midnight Madness, wrapped up in New York City' Museum of Metropolitan Art yesterday. The contest lured 21 teams of 10 employees from banks including Citigroup and Credit Suisse and hedge funds such as PDT Partners, Secor Asset Management and Bridgewater Associates. Pine River Capital Management was the first to reach the finish line after the 16 hour grueling code-cracking challenge. Bloomberg LP, the parent of Bloomberg News, also fielded a team, which placed second. Cantab Capital came in third. The contest raised $3.1M for New York City Good Shepherd Services. (Source: Bloomberg)

Cassidy Says Bank Stress Tests Results Are ‘Good Base’
05:55 - Gerard Cassidy, analyst at RBC Capital Markets, discusses bank stress tests results so far and previews coming tests for banks. He speaks with Bloomberg's Jonathan Ferro and Alix Steel on "Bloomberg Daybreak: Americas." (Source: Bloomberg)
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