UBS, the Swiss bank, beat expectations Friday with a second-quarter net profit of 1.03 billion Swiss francs ($1.05 billion), higher than the 680 million Swiss francs forecast by analysts.
Nomura’s embattled investors have something to cheer about after the brokerage unveiled plans to buy back more shares and posted its biggest overseas quarterly profit in seven years.
Credit Suisse won a lawsuit by property owners in four upscale resorts in the western U.S. who alleged that the investment bank funded loans based on inflated appraisals of the developments that caused their financial ruin.
Because a number of jobs are simply too expensive.
'He’s already made comments I’ve never heard from a bank CEO'.
The Big Apple Circus, whose clowns, acrobats and animals performed free for disadvantaged children and the elderly, has folded the tent that has been perched behind Manhattan’s Lincoln Center each holiday season since 1981.
'They was (sic) firing me. I just beat them to it. Nothing personal'.
A former Fortress Investment Group executive who said he was fired days after undergoing treatment for a degenerative disease settled his lawsuit against the company.
Wells Fargo is facing a U.S. investigation into whether it improperly repossessed cars owned by members of the military, according to two people with knowledge of the probe.
She was the general counsel for Malaysia’s 1MDB investment fund. She was also 1MDB’s liaison to Goldman Sachs, the global bank that helped it raise $6bn.
The Department of Justice could delay a fine on Deutsche Bank, Credit Suisse and Barclays past the U.S. election, Sky News reported, citing a source.
Foreign exchange swings have wiped millions from the reported profits of Atlas Mara during the first nine months of the year alone, the company has announced.
TD Ameritrade has more of its business tied to transaction fees, but Charles Schwab has diversified away from that, CEO Walt Bettinger said.