Asked if he'd want his old job back, Mohamed El-Erian tells CNBC: "No, I'm really happy with my life."
Spare a thought for Warren Buffett, who lost nearly $1 billion on IBM on Monday and another $1 billion on Coke on Tuesday.
The Janus Global Unconstrained Bond fund saw inflows jump over 500 percent in September after Bill Gross left Pimco to manage the fund.
A legal battle between Goldman Sachs and the Libyan sovereign wealth fund could have more permanent repercussions for the banking industry, experts have told CNBC.
The outgoing chairman of Barclays said on Monday that big fines on banks were making it harder for the industry to win back public trust.
UBS retained its position as the largest wealth manager in Asia last year as it attracted more funds from the region’s growing number of millionaires.
Pimco executives need only look at the firm's own performance if they want a lesson in the perils of active management, Fidelity founder Bogle said.
'The victim had been thrown to the ground......before being kicked in the head'.
When Vista Equity Partners last month decided to acquire Tibco Software, an enterprise computing company, it agreed to pay $4.3bn, making the deal the largest technology buyout of the year.
Schroders chief executive Michael Dobson is leaving Europe's second largest public investment group after 14 years at the helm.
Deutsche Bank is firmly focused on being a top international corporate and capital markets player with strong roots in Germany, its Chief Executive John Cryan said on Wednesday.
Bad brokers don’t leave the business; they just move on to a different firm.