Sometimes deals that never happen are the best kind - at least for Goldman Sachs.
Guy Hands’s Terra Firma Capital Partners has got a second chance to try its $8.3bn claim against Citigroup over the 2007 sale of EMI Group.
It never rains.....
Credit Suisse and Elbit Systems have agreed to a settlement of the Israeli defense contractor’s lawsuit seeking to hold the bank liable for the conduct of two former brokers convicted of defrauding investors.
Royal Bank of Scotland (RBS), the recipient of the world’s biggest banking bailout, had its credit outlook changed to negative from stable by Standard & Poor’s amid 'new failings' across the U.K. financial system.
The wealthiest 1 percent now control 39 percent of the world's wealth, and their share is likely to grow in the coming years, according to a new report.
The number of ultra-high net worth individuals (UHNW) with assets of $30 million and above in Asia has increased exponentially over the past three decades, more so than in any other area.
Europe's banks, which were among the biggest buyers of U.S. mortgage bonds before the financial crisis, are set to cash in on America's housing recovery by selling the once "toxic" assets back to U.S. lenders.
Energy & Power M&A Falls to 4-Year Low
As western Europe's tallest building, The Shard, gets ready to celebrate its first birthday, skepticism about its popularity mounts amid revelations that only six of its 72 floors are in use.
Bank of America has hired Mark Cabana from the Federal Reserve Bank of New York to head U.S. short rates strategy, according to a company memo obtained by Bloomberg.
Benjamin Solomon, Deutsche Bank’s former global head of securitized-product trading, accused the company in a lawsuit of firing him on frivolous and unjust grounds amid an industry focus on supervisors’ responsibilities.
As Lloyd Blankfein embarks on a battle with lymphoma, investors and colleagues are taking comfort in his resilience, the recent example of Jamie Dimon and Goldman Sachs’s roster of veteran leaders.