George Soros, the hedge fund manager and active supporter of progressive causes added bearish options plays to his portfolio during the first quarter.
The digital currency bitcoin jumped to a fresh all-time high Thursday as global investors looked for safe haven trades. Increased interest from Asia also helped boost the digital currency.
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Deutsche Bank expects former board members to pay substantial sums for their role in past misconduct which has tarnished the reputation of Germany's biggest bank, its chairman Paul Achleitner said on Thursday.
Artificial intelligence will have a significant and complementary role to play in asset management going forward, according to Man Group's Pierre Lagrange.
Deutsche Bank, on trial in Milan for allegedly helping Banca Monte dei Paschi di Siena SpA conceal losses, must face accusations that it was running an international criminal organization at the time.
Compensation seems unrelated to performance.
Not even Jeremy Corbyn’s biggest fans could honestly claim, hand on heart, that the Labour leader is a great intellectual.
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The Oracle of Omaha read the book when he was only 19.
UBS's largest shareholder, Singapore’s sovereign fund GIC Pte, is slashing its ownership in the bank by offering a 2.4% stake worth about $1.6 billion.
The government has sold its remaining shares in Lloyds Banking Group in a landmark moment for the banking sector almost a decade after the £20.3bn bailout of the high street lender.
Here are some juicy confessions of obscene Wall Street spending:
HSBC has settled claims by a group of U.S. bondholders that it conspired with rivals to rig the Libor benchmark interest rate, according to a New York court filing on Monday by the bondholders' attorneys.
Cuts will be made over a three-year integration period.
Technology companies dominate the list.
The world's second-richest man still uses coupons.
Revenue at the world’s biggest investment banks is likely to drop in the second quarter of this year as a rebound in fixed-income trading comes to an end, JPMorgan Chase analysts wrote.
Attempts to avert a legal battle that would force Fred Goodwin, the former chief executive of Royal Bank of Scotland, to give evidence in the high court are to continue into next month.
Wells Fargo’s Tim Sloan has a role model when it comes to cleaning up the problems at his firm: Brian Moynihan of Bank of America Corp.