Swiss private bank Julius Baer is interested in acquiring Coutts International, a unit of Royal Bank of Scotland, but will not get into a bidding war for the venerable British bank's overseas arm, a Swiss paper reported on Sunday.
The arrest of one of Russia's richest men last week was an attempt by President Vladimir Putin to protect himself from a palace coup, according to one of his most vocal critics.
In 1998, Peter Thiel co-founded PayPal and four years later sold up for $1.5bn.
Alibaba, the internet trading company founded in a cramped one-bedroom flat in China 15 years ago, stunned investors on Friday by becoming the 18th-biggest company in the world by valuation, ahead of Facebook, Amazon and eBay.
Sad to report.
'I really enjoyed my job when I was in the industry, but I have had enough of it.'
A new survey has found 10% of American workers have showed up to their jobs high.
U.S. regulators are investigating a Goldman Sachs internship for the brother of a former official at Libya's sovereign wealth fund and perks allegedly offered by the bank to the fund, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
Mary Jo White will take just a little off the top.
Global investment banks are set for a 21 percent decline in revenue this year, with European lenders including Credit Suisse Group AG most at risk, according to analysts at JPMorgan Chase.
Milan prosecutors have asked for 13 former and current managers at Banca Monte dei Paschi di Siena, Nomura and Deutsche Bank to be sent to trial for a series of alleged financial crimes including false accounting, judicial sources said on Tuesday
Concerns about the financial health of the commodities company Glencore have receded after its banks queued up to take part in a multi-billion-dollar debt restructuring.