The richest man in China is unhappy.
Warren Buffett is best known as an extremely wealthy investor. But he's also a skilled businessperson. Here are some of the keys to his success.
'A substantial portion of what has been written in the press and other media over the past few weeks is inaccurate, untrue or hyperbolic, and I apologize to those who have been affected thereby.
Top bosses at Standard Chartered admitted the bank’s performance had been disappointing as they announced plans to axe 100 branches in a $400m (£250m) cost-cutting drive to win back support from disgruntled investors.
The Justice Department rejected a claim by a former UBS trader in Switzerland that the U.S. doesn’t have jurisdiction over him, and that charges he conspired to manipulate benchmark interest rates should be thrown out.
Banks suspected of rigging the $5.3tril-a-day currency market are preparing to reach settlements as early as this week with the main U.S. derivatives regulator, according to a person with knowledge of the cases.
'Something smells really bad – I want to get out of here', the message said
HSBC, one of the largest hedge fund investors in the world, has recently lost four senior people in the private banking unit that is responsible for picking the best money managers for their wealthy clients.
Germany is home to Europe's best-paid bank CEO, according to a ranking that shows little correlation between executive pay and shareholder returns.
Nomura Asset Management U.K has appointed Richard Hodges and Ben Bugg to extend its presence in the global fixed income space.
The world's richest man can spend his money on anything, but he says he stays away from buying clothes or jewelry for himself.
The Securities and Exchange Commission has announced the payment of almost $2m to three whistleblowers.
The father of convicted Libor trader Tom Hayes has said that fresh evidence could clear his son’s name, and claimed that a conspiracy between the political and legal establishments has made a scapegoat out of the former UBS and Citigroup trader.