A federal appeals court threw out the guilty verdicts of two hedge fund managers central to Manhattan U.S. Attorney Preet Bharara’s investigation of insider trading, ruling jury instructions tainted their verdicts and imperiling other cases brought in his multiyear probe.
Thanks in part to a massive $25 billion offering by China's Alibaba Group , the U.S. is on track for its biggest IPO year since the technology bubble in 2000. With another Alibaba-sized deal unlikely, what will drive the market next year?.
Tears on the trading floor ?
Now this guy truly was a legend.
Andrew J. Hall, the crude-oil trader who gained notoriety for a $100m pay package during the financial crisis, is leaving his post at a century-old commodities trading house by year-end to focus on his own hedge fund, people familiar with the matter said.
After being rated one of the best places to work in the U.S. in 2014, Twitter's perception has taken a major hit.
Go big or go home seems to be Warren Buffett's mantra when it comes to philanthropy.
Annette Bongiorno, who joined Bernard Madoff’s investment firm straight out of high school and spent four decades in his employment, much of it as his office manager, was sentenced to six years in prison on Tuesday.
Citigroup is being sued in Abu Dhabi by an investor who alleges the bank defrauded investors and covered up losses in a real estate fund.
Top officials at the City regulator, including its boss Martin Wheatley, are to be denied bonuses after the botched handling of the announcement of a review into the life insurance sector.