When PPR SA, the French owner of Gucci, sold a stake in its African distributor CFAO in August, it didn’t use an investment bank to handle the transaction.
A former colleague of Kweku Adoboli, the City trader jailed for seven years for gambling away £1.5bn of Swiss bank UBS's money, has set up an online betting company.
Your fund has never had a bad year. But this year that winning streak looks like it will come to an end. The boss, whose name you hardly ever say out loud, is going to fire a lot of people. A lot. But you've got an edge.
The accounting problems at Autonomy were hard to miss, noted short-sell Jim Chanos told CNBC's "Squawk Box" on Wednesday, and HP should have seen them.
Although the noise from HP on Tuesday was about the accusations against unnamed former managers at Autonomy, the real concern should be that the company which Silicon Valley once looked to as the engine of invention is spluttering.
Yep, there's one.
Poor old Kweku Adoboli.
Brevan Howard Asset Management LLP, Europe’s second-biggest hedge fund, is rebuilding in the U.S. after largely pulling out during the 2008 financial crisis.
The Wall Street Journal reports that Citi's new(ish) CEO Michael Corbat has had to withstand a couple of awkward moments over the last few weeks.
For the sixth time, the U.S. government has linked an employee of hedge-fund icon Steven A. Cohen to insider trading while at the firm. For the first time, prosecutors said Cohen had talked with a defendant about the stocks in their complaint, pulling him deeper into one of the biggest investigations of securities fraud in history.
Highest bank - Goldman (at number 9).
For decades, Dublin’s courting couples have rendezvoused under the clock at Clerys department store on O’Connell Street, the city’s main thoroughfare.
JPMorgan officials including CEO Jamie Dimon do not have to face a shareholder lawsuit claiming they failed to properly investigate the 'London Whale' trading scandal that caused $6.2bn in losses, a federal appeals court ruled on Tuesday.