Mark Zuckerberg has decided he’s a $1-a-year man.
Bob Diamond’s Atlas Mara agreed buy ABC Holdings and ADC African Development Corp. for as much as $265m in the first acquisition by the investment firm of the former Barclays head.
JPMorgan must face a lawsuit from shareholders accusing it of securities fraud by misleading them about its ability to manage risk, which surfaced when it lost $6.2bn in the 'London Whale' scandal.
U.S. Attorney Preet Bharara argued the government had gone too easy on corporations in recent years, and that felony charges could be in the offing.
Retired Citigroup Chairman Dick Parsons turned his dream into reality as co-owner of Minton's Playhouse in Harlem.
Hong Kong's de facto central bank said on Tuesday that it is investigating a number of banks as part of the global probe into alleged manipulation of foreign exchange markets, as investigations into the $5.3tril-a-day-market escalate.
Global syndicated lending falls 14% from 2013
Does size matter ?
Large cash and gold withdrawals were one way Bank Lombard Odier & Co allowed U.S. clients to sever a paper trail on their assets and cheat the Internal Revenue Service, the bank admitted, agreeing to pay $99.8m to avoid prosecution.
Doug Hirsch, one of the founders of the Sohn Investment Conference, is returning money to clients from his hedge fund after almost 20 years.
Activist investor Bill Ackman has trimmed his stake in embattled drugmaker Valeant Pharmaceuticals.