Goldman Sachs has terminated an agreement to acquire Ebix Inc after the insurance software maker said it was told that federal prosecutors had opened an investigation.
Legg Mason has a new growth strategy after five years of investor redemptions: Acquisitions.
One of the world's most infamous and longest-running white collar crime cases could come to a dramatic end Friday, when Jeffrey Skilling and prosecutors go before a judge to ask that the former Enron CEO be released early from prison.
Former UBS trader Tom Hayes appeared in a London court on Thursday accused of conspiracy to defraud in connection with a global investigation into the Libor interest rate rigging scandal.
Tom Hayes, the former UBS and Citigroup derivatives trader, conspired with employees at HSBC, Rabobank Groep and other banks, as well as brokers, to manipulate Libor rates, prosecutors said Thursday.
As swingeing government cuts bite, critics may have questioned George Osborne's soul, but Barack Obama appears to have no such doubts about the chancellor.
PIMCO co-CIO Bill Gross appeared on Bloomberg TV's 'Street Smart' with Trish Regan and Adam Johnson today, where he said that investors who are selling Treasuries on expectations that the Federal Reserve will scale back QE are missing the influence of inflation on the Fed's decision.
Investors are underestimating the potential profitability of Barclays' securities unit as the firm cuts costs and is able to reinvest capital, according to Morgan Stanley research.
Credit Suisse and Julius Baer, the largest Swiss banks embroiled in a U.S. tax-evasion probe, may face delays in reaching settlements after the Swiss Parliament rejected a bill that would have freed the industry to send information to the U.S.
Singapore’s smog level reached a all-time high Thursday, as officials head to Jakarta to discuss ways to stem the pollution caused by forest burning on the Indonesian island of Sumatra.
Worldwide announced deals for the first nine months of 2015. Data compiled by Thomson Reuters.
Citigroup, the fourth-ranked adviser on global technology deals this year, has hired David Locala from Deutsche Bank to strengthen its mergers and acquisitions practice.
Interbrand, a brand consultancy group, has ranked the top global brands every year for the past 16 years.